Political News
Canaccord downgrades Berkeley Group after recent run higher
Analysts at Canaccord Genuity downgraded their recommendation for shares of Berkeley Group Holdings on the back of the recent run-up in the share price "against a less attractive risk:reward ratio".
Huawei tries to overturn ban on purchases with US government funds
Huawei is looking to overturn a ruling by the US Federal Communications Commission (FCC) barring the use of funding from the American government from being used to buy equipment from telecommunications giant.
US bill against Muslim detainment camps in China sparks anger
Official Chinese media outlets lashed out against the United States and called for harsh reprisals in editorials on Thursday after the US House of Representatives passed legislation calling for a stronger response to Beijing’s mistreatment of its Uighur Muslim minority.
Trade talks continue as China reiterates need for tariff cuts
China has reiterated a call for existing tariffs to be lowered as crucial talks between Beijing and Washington look to continue.
France crippled by mass walkout over pension reforms
France was paralysed by a national strike over President Emmanuel Macron's planned pension reforms as public sector workers walked off the job en masse on Thursday.
M&G suspends property fund citing Brexit, weak retail sector
Heavyweight investor M&G on Wednesday suspended withdrawals from its property fund, citing Brexit worries and a weakening retail sector which had sparked a run by investors.
Russia opens gas pipeline to China
Russia and China have increased their collaboration in the Arctic Circle as Moscow opens a natural gas pipeline in Siberia to Beijing.
Trump calls Trudeau 'two faced' after reportedly being mocked at NATO
US President Donald Trump called Canadian leader Justin Trudeau “two faced” on Wednesday and says he’s “not very happy” that he “called him out” for Canada’s falling short of NATO's target for members' defence spending to reach 2. 0% of annual gross domestic product.
Clintons close to saving 2,500 jobs - Sky News
Greetings card retailer Clintons is on the cusp of announcing a restructuring programme that could preserve 2,500 permanent jobs, according to a report from Sky News.
Labour nationalisation plans could delay low-carbon transition, IFS warns
Labour’s plans for the nationalisation of different sectors could lead to a disruption in the UK’s transition to a low-carbon economy, the Institute for Fiscal Studies said in a study on Wednesday.
Extreme inequality on the rise in the UK
As extreme inequality grows, the six richest persons in the UK now control as much wealth as the poorest 13. 0m, said research from the Equality Trust.
Tesco, Sainsbury and Asda urge Brazil to stop Amazon deforestation
Tesco, Sainsbury and Asda have urged Brazilian President Jair Bolsonaro to stop the Amazon deforestation for soy production in a letter published on Tuesday.
US trying to achieve 'right trade deal' with China, Ross says
America's top economic official said that Washington was focused on getting "the right deal" with China and kept the door open to the possible imposition of new trade tariffs.
NZ to ban foreign political donations
New Zealand said it was banning foreign donations to politicians and tightening rules on political advertising ahead of an election next year and amid warnings of foreign interference.
Amazon 'worst' aggressive tax avoider - Fair Tax Mark
The transparency campaign Fair Tax Mark accused America's six largest technology firms of "aggressively avoiding" $100. 0bn-worth of taxes around the world over the past decade, singling out Amazon as the "worst offender".
Brussels 'ready' to cut off access for City of London post-Brexit
The EU’s financial services chief Valdis Dombrovskis told the Financial Times that Brussels is ready to cut off the City of London’s market access following Brexit.
COP25 climate summit: UN chief says we are at 'point of no return'
At the start of the COP25 climate summit in Madrid on Monday, UN secretary general Antonio Guterres said the planet was at a point of no return and that “we simply have to stop digging and drilling. ”.
Trump to reimpose tariffs on Argentine and Brazilian metal exports
US president Donald Trump is to reinstate tariffs on imports of metals from Argentina and Brazil.
Trade talks between China and the US 'stalled' - reports
Hopes that the US and China are close to striking a crucial phase one trade deal have weakened, according to reports, after the White House appeared to back protestors in Hong Kong.