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Political News
30 Aug
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Google claims hackers implanted monitors on iPhones for years

Google researchers said hackers had been using compromised websites and software flaws to install “monitoring implants” on Apple iPhones for years.

30 Aug
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Tesla jumps after China grants purchase tax exemption on 16 models

Shares in Tesla were up on Friday after China's Ministry of Industry and Information Technology said that it would exempt 16 of the US car manufacturer's electric vehicle models from its purchase tax.

30 Aug
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Uber and Lyft investing $90m to defeat gig worker protection legislation

Uber and Lyft have threatened to invest a combined $90. 0m in an attempt to stop a bill to defend gig worker’ rights known as AB5 that was set to pass in California, with other companies possibly set to join the effort.

30 Aug
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Xi Jinping rejects Philippines' territorial claims in South China Sea

Chinese President Xi Jinping rejected Filipino claims to territory in the South China Sea in a bilateral meeting with President Rodrigo Duterte on Thursday.

30 Aug
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ECB's Lautenschlager argues against restarting QE

Sabine Lautenschlager became the third member in as many days at the end of the week to argue against the European Central Bank restarting its quantitative easing programme, saying that there were no signs yet of deflation and warning of the risk of 'moral hazard' by setting the wrong incentives for governments.

29 Aug
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China lodges protest over new US tariffs but refrains from immediate response

China lodged a formal protest against the latest round of trade tariffs announced by the US but said that for the moment being it would refrain from a like-for-like response, although a meeting between trade officials from both sides in September had yet to be confirmed.

29 Aug
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ITM Power wins government funding for hydrogen project

ITM Power on Thursday won UK government funding for the Gigastack feasibility study with its partners in the project, offshore win specialist Ørsted and low-carbon consultancy Element Energy.

29 Aug
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Activists threaten to fly drones at Heathrow to ground flights

Environmental activists are planning to fly drones around Heathrow airport with the aim of grounding flights from the UK's largest transportation hubs to protest against climate change and the contribution of air travel to the problem.

28 Aug
Pound slumps as UK confirms Queen's Speech for Oct 14

Sterling plunged as UK Prime Minister Boris Johnson confirmed he would suspend parliament and hold a Queen's Speech on October 14, just a few weeks before the October 31 Brexit deadline.

28 Aug
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No confidence vote and early UK elections still most likely scenario, ING says

Westminster's decision to to suspend Parliament meant the withdrawal process would go down to the wire, raising the odds of the UK crashing out of the European Union without a deal "slightly", but a no-confidence vote that led to another Article 50 extension and new elections remained the most likely outcome - but only "narrowly" - analysts at ING said.

28 Aug
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Former HSBC banker cleared in €1.6bn tax fraud case

A former executive from HSBC's private Swiss bank has been cleared three years after French authorities charged him with helping clients hide assets worth at least €1. 6bn (£1. 45bn).

28 Aug
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China is reportedly using Linkedin to hire spies overseas

Chinese spies have reportedly been using Linkedin to seek out recruits overseas, the New York Times reported on Tuesday.

27 Aug
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Berenberg keeps On the Beach at 'buy', slashes target price

Analysts at Berenberg reiterated their 'buy' rating on shares of package holiday group On the Beach on Tuesday but slashed their target price following the firm's recent profit warning.

27 Aug
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Iran steps back from nuclear deal talks with US

Iranian President, Hassan Rouhani, reversed course on the possibility of holding talks with the US on a new nuclear deal until Washington lifts "all illegal, unjust and unfair sanctions imposed on Iran".

27 Aug
Brazil rejects G7 $20m aid offer to tackle Amazon fires

Brazil said it would reject an offer of $20m in aid to tackle the fires raging in the Amazon rainforest, and accused France of acting like a colonial power.

27 Aug
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M5S halts coalition talks, demands Conte stay as PM

The Five Star Party (M5S) and the Democratic Party (PD) have reached an impasse in their talks to craft a new coalition government over whether to choose Giuseppe Conte as Prime Minister once again.

26 Aug
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Donald Trump skips G7 climate talks

The US president missed a key meeting on the climate crisis aimed at finding wayhs to deal with the Amazon fire and carbon emissions at the G7 in Biarritz on Monday.

26 Aug
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Johnson says Brexit deal unlikely and UK can easily cope with disorderly exit

UK Prime Minister Boris Johnson said that the likelihood of an exit deal was “touch and go” but said that country could easily cope with no-deal Brexit.

26 Aug
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Trump says China wishes to restart trade negotiations

US President Donald Trump confirmed China has asked Washington to re-start trade talks hours after Beijing’s top negotiator publicly called for calm in the ongoing tensions.

23 Aug
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Wall Street reels after US President says he will respond to Chinese counter-tariffs

Wall Street was left reeling at the end of the week after the US President upped the ante in his trade war with China following Beijing's decision to retaliate against the latest measures threatened by Washington.