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Falling investment, weak household spending drag on UK economy

LONDON Falling business investment and the weakest household spending growth in more than three years marked a bad start to 2018 for Britain's economy, as official data on Friday confirmed it almost stagnated.

Recent Business News

Deutsche Post considers raising price for letter postage - report

FRANKFURT German mail and logistics group Deutsche Post DHL plans to raise the postage price for domestic letters to 0.80 euros from 0.70 euros from 2019, Bild am Sonntag reported.

9:51am BST

Tesla seeks to dismiss securities fraud lawsuit - U.S. court document

SAN FRANCISCO Tesla Inc on Friday asked a court to dismiss a securities fraud lawsuit by shareholders who said the electric vehicle maker gave false public statements about the progress of producing its new Model 3 sedan.

26 May 2018

Tencent chairman pledges to advance China chip industry after ZTE 'wake-up' call - reports

HONG KONG Tencent Holdings chairman pledged to advance China's semiconductor industry, saying the blow to ZTE Corp from Washington's ban on U.S. firms supplying telecommunications company was a "wake-up" call, local media reported.

6:26am BST

U.S. reaches deal to keep China's ZTE in business - congressional aide

WASHINGTON The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business after it pays a significant fine and makes management changes, a senior congressional aide said on Friday. | Video

26 May 2018

EU privacy law heralds new era in online data protection

BRUSSELS New European privacy regulations went into effect on Friday that will force companies to be more attentive to how they handle customer data. | Video

25 May 2018
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