Birmingham / AFP Prime Minister Theresa May said Britain would start the formal process for leaving the EU before April as her governing Conservative Party opened its annual conference on Sunday. Though many Conservatives headed to the congress in Birmingham, central England still jubilant about Britain’s June referendum vote to leave the European Union, the centre-right government has come ...

  Bloomberg After failing with an initial public offering of its infrastructure unit, Telefonica SA is likely to test investors’ appetite again with the sale of its U.K. mobile-phone business, only this time with a possible twist. The Spanish phone carrier is considering whether to set aside part of an initial public offering of U.K. mobile operator O2 for individual ...

  Bloomberg While the world around it frets over ultra-low interest rates, Iceland’s fish export industry is rooting for another rate cut to maintain market share amid a strengthening krona. “The appreciation of the krona is a large factor in the operations of fishing companies and can impact their bottom line,” Heidrun Lind Marteinsdottir, managing director of Fisheries Iceland, an ...