Political News
Johnson seeks poll as rebels inflict humiliating Commons defeat
Prime Minister Boris Johnson said he would seek approval for a snap election after a humiliating parliamentary defeat that saw 21 Tory rebels defy threats of deselection and join the opposition in moving to stop a no-deal Brexit.
New EU executive to crack down on US tech giants
The European Union's new executive will not grant America's tech giants any tax relief and will devise new laws to regulate the companies and artificial intelligence technology, the Wall Street Journal reported on Tuesday.
New York Times pulls sponsorship for London Oil and Money conference
The New York Times newspaper has binned its plans to sponsor one of the world's biggest oil industry conferences following pressure from environmental activists.
IQE bullish on 5G even as Asian supply chains race to rebuild
IQE sounded a confident note on the outlook for growth on the back of the advent of 5G, despite the challenging market backdrop, including the need to adapt to the shifting supply chains of its clients, that drove it into a loss at the half-year stage.
Flat August retail sales 'incredibly disappointing', BRC says
Retail sales "flatlined" in August even as food and drink purchases leapt amid a summer heatwave, according to figures released on Tuesday by the British Retail Consortium (BRC) and KPMG.