Political News
'Bring it on', Elon Musk replies to Ford VP's challenge
Ford Vice President Sundeep Madra challenged Elon Musk to a fair tow battle between the F-150 and Tesla's Cybertruck after Musk took a swipe at Ford at the unveiling of the latter, prompting a quick reply from the tech visionary.
Canaccord Genuity ups target on Persimmon even after recent bounce for shares
Analysts at Canaccord Genuity have revised their target price for shares of Persimmon higher, from 2,400. 0p to 2,720. 0p, arguing that the stock had room to continue rising.
Hong Kong pro-democracy candidates celebrate outstanding election victory
Pro-democracy candidates won a landslide victory in Hong Kong after citizens voted in local elections on Sunday.
Europe 'must consider its place in the world', ECB's Lagarde says
At a time when "uncertainty abounds" and the conventional wisdom in diplomacy and economics was being "challenged", Europe "must consider its place in the world and reset its ambitions", argued the European Central Bank's new President.
Top Spanish official sees GDP continuing to grow at a 'reasonable' pace
Spain's Secretary of State for Economy, Ana de la Cueva, has reassured that Spain will continue to grow at a reasonable rate and above that of the Eurozone, despite the context of uncertainty hanging over the global economy, including the US-China trade war and Brexit.
US and China are 'very close' to striking a trade deal, Donald Trump says
Washington and Beijing "are every" close to striking a preliminary trade deal, the US President reportedly said on Friday morning.
Global economic growth weakest since financial crisis, says OECD
Global economic growth has fallen to its slowest rate since the global financial crisis, according to the Organisation for Economic Co-operation and Development (OECD).
KPMG to axe 50% of staff in its transformation unit
KPMG is reportedly cutting 50% of the staff in its in-house project management team as part of a campaign to slash millions of pounds in costs.
Signing of Hong Kong bill could sour US-China trade relations
US-China relations will sour if President Donald Trump signs a pro-Hong Kong rights bill into law and could possibly negatively impact the ongoing bilateral trade talks aimed to reaching a so-called “phase one” deal.
Google to review limits of political ad targeting
Google is set to review its political advertising rules ahead of the UK and US elections to try to limit the ability of advertisers to target political demographics and decide how to take action against “demonstrably false" claims.
US-China trade deal may not be completed in 2019
The US and China may not ink a preliminary trade deal before year-end as Beijing holds out for an agreement on rolling back some of the levies which have been imposed on its exports and Washington ups its own demands in response.
Tories warned after faking factcheck service on Twitter during debate
The Conservative Party was warned it faced "decisive corrective action" after it used its Twitter account to impersonate legitimate factchecking services during Tuesday night's general election leaders' debate.
Tata Steel set to cut 3,000 jobs, unions seek urgent talks
Tata Steel are set to cut 3,000 jobs across Europe and unions are seeking urgent talks with the Port Talbot owners.
Johnson pledges to scrap corporation tax cut in u-turn
Prime Minister Boris Johnson on Monday said he would scrap a planned cut in corporation tax and spend the revenue on the National Health Service.
Saudi Aramco cancels plans for marketing shares in Europe
Saudi Arabia called off plans to formally market shares of its state oil company outside the kingdom and other Gulf countries in its initial public offering, reported The Financial Times.
Trump defends Biden after Kim Jong-un calls him a 'rabid dog'
America's President defended his potential Democratic party rival after North Korean leader Kim Jong-un called him a ‘rabid dog’ that should be “beaten to death” with a stick.
Huawei claims US blacklist has 'limited' impact on tech company
Huawei chairman Liang Hua said on Monday that Washington's decision to blacklist the telecommunications equipment maker had had little impact on the firm overall.
Trump to visit UK for NATO meeting in December
US President Donald Trump will travel to the UK in December to attend a NATO meeting, the White House said in a statement on Friday.
Fifteen countries outside the EU ask for Brexit trade compensation
Fifteen countries including Australia, the US, India and New Zealand have asked for trade compensation from the UK and the EU over the economic hit caused by Brexit.
BT shares slip amid Labour nationalisation plans
Shares of BT Group dropped on Friday after the Labour Party pledged to partially nationalise the company as part of plans to provide all homes and businesses with free full-fibre broadband by 2030.