Economic News
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.
Chinese officials grow more pessimistic on chances of US-China trade deal
US President Donald Trump's recent announcement that he had not agreed to any roll-back in already imposed trade tariffs on China had made authorities in Beijing turn more pessimistic on the chances that a phase-one deal between the two economic giants could be reached.
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.
UK home sellers pull back in November amid unusually high uncertainty, Rightmove says
Asking prices for homes in the UK dipped in November, despite a sharp drop in the number of new sellers on the back of lacklustre prices and political uncertainty, the results of a closely-followed survey revealed.