Economic News
UK housing market struggles as Brexit jitters continue to hit home - RICS
The Royal Institute of Chartered Surveyors has warned that prolonged Brexit uncertainty could further damage the UK housing market, after it revealed another slowdown in activity during February.
UK parliament defies govt to rule out no-deal Brexit
UK MPs defied Theresa May and voted to rule out a no-deal Brexit on Wednesday in dramatic scenes, sending the pound climbing higher on Wednesday night.
FAA faces pressure to ground all Boeing 737 Max 8s
The US Federal Aviation Administration is facing growing pressure to ground Boeing's 737 Max 8 jet in the wake of the Ethiopian Airlines crash last Sunday.
Huawei founder said Trump's investment tactics 'are all wrong'
Huawei's founder said on Wednesday that Trump's views on foreign investments in the US "were all wrong" and his administration should not single out the Chinese tech company or risk damaging America's international reputation.
WTI jumps after DoE reports surprise drop in weekly oil inventories
US crude oil inventories shrank unexpectedly again last week, alongside another drawdown in product inventories.
Hammond promises 'deal dividend' if Brexit agreement is secured
The Chancellor of the Exchequer announced plans to launch a three-year spending review if a Brexit deal can be agreed, as he warned MPs of the dangers of crashing out of the European Union.
US durable goods orders for January beat forecasts
Orders for goods made to last longer than three years continued to growing at the start of 2019, buoyed by those for machinery and aircraft.
Merkel said Brexit delay will be 'easy' if UK has 'credible reason' - report
German leader Angela Merkel said on Wednesday was reported to be relaxed about Britain's ability to secure a Brexit delay from European Union.
UK plans to slash import tariffs in event of no-deal
The UK will remove tariffs on most imported goods if MPs vote for a no-deal Brexit, the government announced on Wednesday morning as businesses bemoaned the lack of consultation.