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The chief executive of the Berlin Stock Exchange says Brexit may not be as bad as initially thought for UK financial firms. Artut Fischer said on Friday that UK based banks and City firms could follow the example of US firms trading with EU businesses. "When you look at it, it's not totally bad,"...
Shares in Sage are on track for their biggest one-day fall in 25 years after the accountancy software group warned that sales were lower than expected. Shares plummeted 19 per cent on Friday morning before recovering to trade down 13 per cent. Subscription growth for the company's software packages slowed to 25.3...
Jaguar Land Rover (JLR) is cutting 1,000 of its UK contractor roles, blaming continued difficult trading conditions in the motor market. The job cuts are due to a fall in sales caused by uncertainty around Brexit and confusion over diesel policy, a source told Reuters. The car maker said it “regularly reviews its production schedules...
Labour leader Jeremy Corbyn has accused PM Theresa May of "waiting for instructions" from US president Donald Trump on how to respond to the use of chemical weapons in Syria. Mr Corbyn also called for an independent UN-led inquiry into the devastating air strike in Douma last Saturday that killed a reported 75 civilians and injured 500 more, presumed to...
Donald Trump and Theresa May have agreed in a phone call that the use of chemical weapons in the Syrian civil war must not go “unchallenged”, ahead of expected military action against the country’s government. They spoke having both just held meetings with senior officials and used the conversation to draw attention...
Diane Abbott has said it would “outrageous” for Theresa May to pursue military action in Syria without consulting Parliament and give MPs a vote. The shadow home secretary also repeated a claim from Julian Lewis, the chairman of the defence select committee, that military action in the war-ravaged region could “end up with...
Netflix’s decision to pull out of the Cannes film festival highlights the tension between streaming companies and the cinema industry over how movies will be watched in the future. The world’s premiere film festival provided a cool reception for the US streaming company last year, with audiences booing the Netflix logo when it...
French police have arrested a man on the Cote d’Azur over the robbery at gunpoint of the US reality TV star Kim Kardashian in Paris in 2016, according to sources involved in the investigation. The man is to be brought before a magistrate to face possible charges, a judicial source said. Ten people...
A Moscow court has banned the popular Telegram messaging app, in a landmark decision that moves Russia a step closer towards Chinese-style internet censorship. The court ruling on Friday came after Telegram refused to give Russia’s Federal Security Service (FSB) encryption keys that would grant access to user messaging data. It is not...
A businessman has won his legal action to remove search results about a criminal conviction in a landmark “right to be forgotten” case that could have wide-ranging repercussions. The ruling was made by Mr Justice Warby in London on Friday. The judge rejected a similar claim brought by a second...