With a day to go before UK prime minister Theresa May triggers Article 50 to start separation talks with the EU, the Bank of England is warning UK banks to prepare themselves in case of a disorderly Brexit. But, as Ivor Bennett reports, the eve of Brexit also attracts a vote of confidence from Qatar as its sovereign wealth fund pledges over $6 billion in investment in Britain. Continue reading
The deal will accelerate the company’s entry into the Middle East e-commerce market. Amazon separately launched a drive-in grocery service, as Fred Katayama reports. Continue reading
Google apologises for allowing ads to appear alongside offensive videos on YouTube as more high-profile firms such as Marks & Spencer and HSBC pull advertising for British markets from Google sites.
Billionaire philanthropist David Rockefeller, former head of Chase Manhattan Corp and patriarch of one of the most famous and influential American families, dies at 101.
Sterling has slipped to an eight week low against the dollar, as some investors turned nervous over a second Scottish independence referendum and the triggering of Brexit negotiations. But, as David Pollard reports, the Fed – and an expected U.S. rate rise – remained the main focus, with worries over elections in France and the Netherlands appearing to recede. Continue reading
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SpaceX to launch two paying customers on a tourist trip around the moon next year.
Japan’s SoftBank is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, according to CNBC. Fred Katayama reports. Continue reading
Nokia brings back the classic 3310 phone and introduces three new smartphones at the World Mobile Congress in Barcelona.
Facebook’s Chief Executive Mark Zuckerberg has laid out a vision of his company serving as a bulwark against rising isolationism. As Ciara Lee reports, he’s written a letter to users saying the company’s platform could be the “social infrastructure” for the globe. Continue reading