Political News
Scottish judge temporarily denies request to halt parliament suspension
A Scottish judge on Friday temporarily denied a request to stop prime minister Boris Johnson from suspending parliament.
Google claims hackers implanted monitors on iPhones for years
Google researchers said hackers had been using compromised websites and software flaws to install “monitoring implants” on Apple iPhones for years.
UK has offered 'nothing credible' on Brexit backstop - Irish deputy PM
The UK had still not put forward any “credible” proposals on replacing the Brexit backstop, Ireland's deputy taoiseach said on Friday as Britain said it wanted to “step up the tempo” on talks with the European Union.
Tesla jumps after China grants purchase tax exemption on 16 models
Shares in Tesla were up on Friday after China's Ministry of Industry and Information Technology said that it would exempt 16 of the US car manufacturer's electric vehicle models from its purchase tax.
Uber and Lyft investing $90m to defeat gig worker protection legislation
Uber and Lyft have threatened to invest a combined $90. 0m in an attempt to stop a bill to defend gig worker’ rights known as AB5 that was set to pass in California, with other companies possibly set to join the effort.
Xi Jinping rejects Philippines' territorial claims in South China Sea
Chinese President Xi Jinping rejected Filipino claims to territory in the South China Sea in a bilateral meeting with President Rodrigo Duterte on Thursday.
ECB's Lautenschlager argues against restarting QE
Sabine Lautenschlager became the third member in as many days at the end of the week to argue against the European Central Bank restarting its quantitative easing programme, saying that there were no signs yet of deflation and warning of the risk of 'moral hazard' by setting the wrong incentives for governments.
UK inflation expectations hit six-year high in August, poll shows
Britons' inflation expectations hit a six-year high in the likely run-up to the UK's exit from the European Union, the results of a widely-followed survey showed.
House prices grow less than 1% for ninth month in a row
Annual house price growth across the UK remained below 1% for a ninth consecutive month in August as political and economic uncertainties weighed on potential buyers.
Scottish Tory leader Davidson quits citing Brexit 'conflict', family pressures
Scottish Conservative Party leader Ruth Davidson quit on Thursday, citing personal “conflict” over Brexit as campaigners prepared to fight the looming suspension of parliament.
China lodges protest over new US tariffs but refrains from immediate response
China lodged a formal protest against the latest round of trade tariffs announced by the US but said that for the moment being it would refrain from a like-for-like response, although a meeting between trade officials from both sides in September had yet to be confirmed.
ITM Power wins government funding for hydrogen project
ITM Power on Thursday won UK government funding for the Gigastack feasibility study with its partners in the project, offshore win specialist Ørsted and low-carbon consultancy Element Energy.
Activists threaten to fly drones at Heathrow to ground flights
Environmental activists are planning to fly drones around Heathrow airport with the aim of grounding flights from the UK's largest transportation hubs to protest against climate change and the contribution of air travel to the problem.
Pound slumps as UK confirms Queen's Speech for Oct 14
Sterling plunged as UK Prime Minister Boris Johnson confirmed he would suspend parliament and hold a Queen's Speech on October 14, just a few weeks before the October 31 Brexit deadline.
No confidence vote and early UK elections still most likely scenario, ING says
Westminster's decision to to suspend Parliament meant the withdrawal process would go down to the wire, raising the odds of the UK crashing out of the European Union without a deal "slightly", but a no-confidence vote that led to another Article 50 extension and new elections remained the most likely outcome - but only "narrowly" - analysts at ING said.
Former HSBC banker cleared in €1.6bn tax fraud case
A former executive from HSBC's private Swiss bank has been cleared three years after French authorities charged him with helping clients hide assets worth at least €1. 6bn (£1. 45bn).
China is reportedly using Linkedin to hire spies overseas
Chinese spies have reportedly been using Linkedin to seek out recruits overseas, the New York Times reported on Tuesday.
Berenberg keeps On the Beach at 'buy', slashes target price
Analysts at Berenberg reiterated their 'buy' rating on shares of package holiday group On the Beach on Tuesday but slashed their target price following the firm's recent profit warning.
UK MPs agree on need for legislation to halt no-deal Brexit
Opposition MPs met on Tuesday seeking a consensus on how to stop the no-deal Brexit threatened by prime minister Boris Johnson.
Iran steps back from nuclear deal talks with US
Iranian President, Hassan Rouhani, reversed course on the possibility of holding talks with the US on a new nuclear deal until Washington lifts "all illegal, unjust and unfair sanctions imposed on Iran".