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25 Mar, 19

Brexit turmoil hits Pound and UK share

The pound and shares in housebuilders and banks have fallen sharply after Cabinet ministers Dominic Raab and Esther McVey quit over Prime Minister Theresa May’s draft Brexit deal. Reports from BBC news Royal Bank of Scotland sank 9%, with similar falls for Persimmon, Taylor Wimpey and Barratt Developments. Those declines dragged the FTSE 100 share […]
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25 Mar, 19

With eyes on China, EU agrees investment screening rules

The European Union on Tuesday provisionally agreed on rules for a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China, to end what a negotiator called “European naivety” By Reuters reports Negotiators for the European Parliament and the EU’s 28 member states struck a deal to protect strategic technologies and infrastructure, […]
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China reacts furiously after Huawei executive arrested in Canada

China called yesterday for the immediate release of a top executive at Huawei Technologies, the world’s largest maker of telecommunications network equipment, amid fears that her arrest in Canada could shatter the fragile truce in the trade war between Beijing and Washington. The detention of Meng Wanzhou, Huawei’s chief financial officer, comes after American authorities […]
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