Trump administration OKs nuclear energy transfers to Saudis, sparking new battle with Congress
The Trump administration has given permission to a handful of U.S. companies to engage in early stage nuclear energy trade with Saudi Arabia.
Business ‘devastated’ by Brexit vote
Industry bodies say the Brexit uncertainty puts the UK’s reputation, jobs and livelihoods at stake.
George Clooney calls for hotel boycott over Brunei LGBT laws
The actor urges a boycott after the country said homosexuality would soon be punishable by death.
Brexit deal rejected again: Here’s what could happen now
Theresa May has failed for a third time to get her “withdrawal deal” approved by U.K. lawmakers.
Theresa May loses crucial vote on her Brexit deal for a third time
The U.K. leader’s draft proposal had already been rejected twice by British lawmakers.
Debenhams secures £200m lifeline with lenders
The chain completes a £200m deal to stay afloat, and leaves the door open for a bid from Sports Direct.
Trump advisor warns Russia on military presence in Venezuela
A top White House advisor issued a veiled warning to Russia about its military presence in Venezuela, saying the United States would consider any move to establish or expand military operations there a “direct threat” to international peace.
Tui travel firm warns Boeing grounding to hit earnings
Travel firm says the grounding of Boeing 737 Max planes could cost it up to €300m (£258m) this year.
Global pharma giant AstraZeneca strikes $6.9 billion deal to expand cancer portfolio
AstraZeneca plans to raise up to $3.5 billion through a share placing to fund the transaction as well as pay down debt. Analysts generally see the deal as a logical strategic move but note the equity raise may disappoint some investors.
Saudi Arabia will ignore Trump’s ‘tolerance threshold’ for oil prices, analyst says
OPEC kingpin Saudi Arabia will ignore President Donald Trump’s tolerance threshold for rising oil prices, one analyst told CNBC on Friday.