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World's billionaires hold more wealth than 4.6bn people combined - Oxfam
A new report from Oxfam claimed that the world’s 2,153 billionaires had more wealth between them than a combined 4. 6bn people.
Monday broker round-up
Avon Rubber: Berenberg downgrades to hold with a target price of 2,300p.
Brussels warns UK against diverging from EU rules
Officials from the European Union warned businesses to “prepare for the worst” after UK Chancellor Sajid Javid's announced that the UK would diverge from EU rules after Brexit.
Travelex restores first customer-facing systems after hack
Travelex announced on Friday it had restored the first of its customer-facing services in the UK and that the return to normal operations was firmly underway.
UK rules out automatic deportation of EU citizens post Brexit
Brussels's Brexit spokesman said on Friday that the UK had ruled out the option of automatically deporting citizens from the European Union that did not apply for settled status after Brexit.
Alphabet's market cap hits one trillion dollars
Google’s parent company Alphabet became a trillion-dollar company on Thursday for the first time, the fourth US firm to reach that milestone.
Xiaomi announces POCO to be standalone company
Xiaomi said on Friday that it would spin off POCO as a standalone company that will run independently from the Chinese tech giant.
Top multinationals urge EU to stop patent trolls
Top multinationals such as BMW, Microsoft and Apple called on the European Union to prevent patent trolls that buy patents to make a profit through licences or lawsuits.
Asda begins trials for 'sustainability' store with refill points
Asda is partnering with well known UK food brands to create a “sustainability” store with refill points and recycling of plastic that aims to cut down on packaging.
Senate receives Trump impeachment articles
The US House of Representatives sent articles of impeachment against President Donald Trump to the Senate on Wednesday, charging him with of abuse of power and obstructing a Congress investigation.
US and China ready to sign 'phase one' trade deal
The long-awaited phase one trade deal between the US and China is set to be signed on Wednesday although some reports that it might have less of an impact on financial markets than expected.
Greggs chooses Just Eat for UK delivery roll-out
Greggs has chosen Just Eat for its upcoming delivery roll-out across the UK instead of rival Deliveroo.
Iran threatens US and EU for military presence in the Middle East
Iran’s President Hassan Rouhani made a veiled threat to the US and the European Union on local TV on Wednesday, blaming them for what he said were their multiple failures in upholding the 2015 nuclear agreement and because of their military presence in the Middle East.
Debt rises sharply among lower income UK households - Resolution Foundation
Low-income households have seen a sharp rise in their debt since the financial crisis and could be too exposed to financial shocks, warned the Resolution Foundation in a new report on Wednesday.