U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Boris Johnson will be meeting President Donald Trump to discuss a potential post-Brexit trade deal just as he tries to court EU leaders for a new withdrawal agreement.World Politicsread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Accountants in Hong Kong took to the streets on Friday to call for the government to accept five demands of the people, including the complete withdrawal of a now-suspended...China Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Bank Indonesia on Thursday cut its key policy rate by 25 basis points to 5.5% to support growth amid an increasingly fragile global economy.Central Banksread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
The British government must act urgently to secure a Brexit transition deal or risk losing jobs and investment in the country, business leaders representing millions of workers are due to warn.
In a draft letter due to be sent to Brexit minister David Davis, Britain's five leading business organizations said a deal to provide a status quo transition was needed as soon as possible, as companies prepare to make their investment decisions in early 2018.
Prime Minister Theresa May has promised to retain full access to the EU's single market for two years after Brexit to limit the disruption for companies as they leave the European Union, but the two sides are yet to discuss the details.
"Agreement (on a transition) is needed as soon as possible, as companies are preparing to make serious decisions at the start of 2018, which will have consequences for jobs and investment in the U.K.," the letter says, according to a person familiar with the situation.
"And the details of any transitional arrangement matter: the economic relationship the U.K. and EU has during this time-limited period must match as close as possible the status quo."
The letter is due to be sent from Britain's five leading business groups, the CBI, the British Chambers of Commerce, the Institute of Directors, the Federation of Small Businesses and the manufacturing group, the EEF.
Sky News reported that the five groups were increasingly worried that Britain could leave the EU without a deal. Prime Minister May won a modest reprieve on Friday when EU leaders signaled they were ready to move the negotiations forward in the coming months.
A spokeswoman from the Department for Exiting the European Union said the prime minister had been clear that an implementation period would help minimize disruption.
"We are making real and tangible progress in a number of vital areas in negotiations," the department said in a statement.