It looks increasingly unlikely that the U.K. will reach a trade agreement with the European Union — and that could also harm the chances of a future deal with the United States. The U.K. government outlined on Wednesday how it plans to manage trade following its full breakup from the EU at the end of the […] Read more
The U.K.’s health minister on Wednesday rushed to defend AstraZeneca’s decision to pause a closely-watched coronavirus vaccine trial due to safety concerns, saying that the decision is not necessarily a setback to its development. AstraZeneca announced that the pause was due to a potentially unexplained illness in one of its trials. The pharma giant’s shares […] Read more
A scammer has used the Financial Market Authority (FMA) as a cover to steal from people making money transfers to China. A woman stranded in New Zealand during the first Covid-19 lockdown lost a significant amount of money after she tried to transfer funds from China to New Zealand for her family’s living expenses. She […] Read more
German officials are increasing pressure on the Kremlin to cooperate in the investigation into the suspected poisoning of Russian opposition politician Alexei Navalny, with one lawmaker noting this weekend that Berlin could rethink its joint massive gas pipeline project with Moscow. On Sunday, Germany’s foreign minister warned Russia that if it does not contribute to […] Read more
Nintendo is bringing three classic video games from its beloved Mario franchise to the Nintendo Switch, looking to capitalize on the momentum for gaming during the coronavirus pandemic ahead of the holidays. In a presentation to mark the 35th anniversary of the series Thursday, Nintendo announced remastered versions of some of its best-known 3D titles, […] Read more
Lebanon’s political leaders named diplomat Mustafa Adib as the disaster-stricken country’s new prime minister on Monday, starting the formation of a new government tasked with implementing urgent reforms after the previous leadership quit en masse. But for many Lebanese citizens, hundreds of thousands of whom saw their homes destroyed in the devastating August 4 blast […] Read more
Apple is planning to launch four new iPhone models with fifth generation cellular technology in October, according to a Bloomberg report Tuesday that cites sources familiar with the matter. The Cupertino-headquartered firm has reportedly asked suppliers to make between 75 million and 80 million new iPhones, which is in line with what it has asked for in […] Read more
London’s reputation as one of the world’s major tech hubs is in jeopardy as a result of the coronavirus pandemic. At the start of the last decade, a cluster of start-ups began to form around East London’s Old Street roundabout (technically a gyratory system), leading the area to be nicknamed “Silicon Roundabout.” Then-British Prime Minister David […] Read more
Soft commodities such as coffee, sugar and cocoa have broadly rallied over the past few weeks, steadying after a period of sharp volatility at the height of the coronavirus crisis. Coffee futures for December delivery trading on New York’s Intercontinental Exchange (ICE) are up almost 15% so far this quarter, having begun a steep incline […] Read more
The Japanese yen and Swiss franc remain relatively safe bets, Morgan Stanley said Tuesday, but the investment bank picked the U.S. dollar as the best safe-haven currency in what’s left of turbulent 2020. The greenback fell to a 27-month low on Tuesday against a basket of its peers, where the dollar index reached 92.477 — a level not seen since […] Read more
