International News
China accuses US of 'bullying' after reports of sanctions on SMIC
China accused the US government of the “blatant bullying” of Chinese companies following reports that Washington would be imposing sanctions on chipmaker Semiconductor Manufacturing International Corp.
Europe close: Stocks gain despite tensions ahead of key week of Brexit talks
European shares powered ahead at midday as they bounced back from last week’s US tech-stock sell-off and ignored threats the UK would walk away from Brexit trade talks without a deal.
CMA slaps fines on Amazon over delays in investigation of Deliveroo stake purchase
The UK's competition watchdog has slapped two penalties on US retailing giant Amazon worth a combined £55,000 related to its May 2019 purchase of a minority stake in Deliveroo.
Chinese owner plans Thomas Cook revival
Travel company Thomas Cook could be relaunched in the near future as reports claim its Chinese owner is planning a revival of the name.
Pound slips as UK threatens to undermine Brexit withdrawal deal
The UK government is drawing up new laws that would that would override part of last year's EU withdrawal agreement as Downing Street threatened to collapse trade talks.
China's exports beat expectations in August
China's exports beat expectations in August as the world's biggest manufacturing nation's overseas markets reopened from Covid-19.
Orange launches 5G network in Spain
Orange launched its 5G network in five large Spanish cities on Monday, a week after rival Telefónica.
German industrial production rises less than expected in July
German industrial production rose much less than expected in July, partly due to weakness in the construction sector, with output remaining well below pre-Covid levels.