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  Birmingham / AFP The pound hit a three-year low against the euro on Monday after Prime Minister Theresa May said Britain will trigger Brexit negotiations by the end of March and her finance minister warned of “turbulence”. Sterling weakened to 87.46 pence against the euro, the lowest level since August 2013, after May’s government gave more details about how ...

  Bloomberg U.K. factories had their best month in more than two years in September as the weaker pound sent export orders surging. IHS Markit’s monthly Purchasing Managers Index jumped to 55.4 from 53.4 in August, capping the industry’s best quarter this year. The reading, the highest since June 2014 and far above economists’ forecast for 52.1, pushes the index ...

  Frankfurt / AFP German Economy Minister Sigmar Gabriel on Sunday lashed out at Deutsche Bank’s handling of its troubles, saying “irresponsible” managers had put thousands of jobs at risk. “I don’t know whether to laugh or cry that the bank, which turned speculation into a business model, is now calling itself a victim of it,” Gabriel told reporters, after ...

  Lisbon / AFP Portugal’s economy will grow by just over one percent this year, Prime Minister Antonio Costa said in an interview published Monday, lowering his government’s initial estimate of 1.8 percent growth. “Everything indicates we will have growth above one percent,” he told daily newpspaper Publico, before adding that the expansion of the economy would not be “much ...

  Washington / AFP Extreme poverty has been falling steadily around the world, but eliminating it by 2030 could be stymied by unequal distribution of the gains of economic growth, the World Bank said on Sunday. Unless the gains of growth are steered better to those at the bottom of a country’s economy, they could be left behind, warned the ...

  Bloomberg Italy’s bond-yield spread to Spanish securities climbed to the highest level in almost two years after the latest poll showed that the constitutional referendum, on which Prime Minister Matteo Renzi’s political fate hangs, is too close to call. Italian 10-year government bonds declined, erasing last week’s gain, after a survey conducted by Ipsos PA for the newspaper Corriere ...

  Beirut / AFP At least 21 Syrian rebels fighting alongside Turkish troops in northern Syria against the IS group were killed by landmines laid by the extremist group, a monitor said on Monday. The Syrian Observatory for Human Rights said the toll was the highest loss of life for forces involved in the Turkish-led operation in northern Syria since ...

  Tripoli / AFP Forces loyal to Libya’s unity government said on Monday at least 80 extremists were killed at the weekend in the city of Sirte, a former stronghold of the IS group. “Commanders of front line units have counted at least corpses (of extremists) killed as they tried in vain to attack behind the lines” of the loyalists, ...

  Rabat / AFP Moroccan police have arrested 10 women who had allegedly pledged allegiance to the IS extremist group and planned to carry out suicide bombings across the country, authorities said on Monday. The all-female cell had “tried to obtain the chemicals used to make explosive belts” and were planning to attack “vital installations”, the interior ministry said. The women ...

  Ramallah / AFP The Palestinian high court on Monday ordered municipal elections to be held only in the West Bank and not in the Hamas-controlled Gaza Strip, though a new date for the suspended polls was not set. The ruling could bring to an end hopes that the municipal elections would be the first polls since 2006 in which ...