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The top US business association in China said on Wednesday that half its members faced retaliation by the Chinese government following the escalation of the country's trade conflict with the US.
BT owned EE and Vodafone announced on Wednesday that they won’t offer phones from Huawei when they roll out Britain’s first 5G mobile network next week.
Chinese President Xi Jinping called on his nation's citizens to join him on a "new Long March" on Wednesday, a possible indication that Beijing could be preparing for its trade dispute with Washington to last for an extended period.
The Prime Minister said in a speech on Tuesday that she will offer MPs a vote on putting her deal to a second referendum if it passes the first stage of voting in Parliament.
A total of 173 footwear manufacturers, importers and retailers in the US have called on the US president to re-think his approach to the trade war with China, describing the recent tariff hike on imports from the People’s Republic as “catastrophic”.
Trump and Google granted Huawei some temporary relief after the former had threatened on Monday to ban US corporates from doing business with the company.
The number of scams involving cryptoassets and foreign exchange investments tripled last year, with victims losing more than £27m in total, according to research published on Tuesday by the regulator.
Sterling was little changed at the start of the week, as investors bid their time ahead of the European parliamentary elections, which some - albeit not all - observers said would serve as a proxy vote on Brexit.
Americans were in much more buoyant spirits than believed in early May, although the potential impact on sentiment from the breakdown in trade talks between the US and China had yet to be seen, according to the results of a closely-followed survey.
Economists at Bank of America-Merrill Lynch cut their forecasts for the rate of growth in Britain's economy for this year and next, predicting that the uncertainty around Brexit will last for longer and that the US-China trade war will escalate.
Sterling was under pressure on Friday, dropping below $1. 28 for the first time since February as it emerged that Brexit talks between the government and the Labour party have collapsed, increasing the risk of the UK leaving the EU without a deal.
The European Central Bank could face loses over the bonds it holds from Spanish company Distribuidora Internacional de Alimentacion (DIA) as LetterOne battles Santander bank to recapitalise the retailer.
