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UK opposition seek ways to stop no-deal Brexit

London, United Kingdom | AFP | Labour leader Jeremy Corbyn will on Tuesday attempt to bridge deep divisions with other opposition parties on how to avoid Britain crashing out of the EU on October 31. Corbyn said he would “do everything necessary” to stop a no-deal Brexit, following leaked official warnings …

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Why is China’s currency falling?

Shanghai, China | AFP | China’s yuan has sunk by around four percent in August to its lowest point in more than 11 years on Monday, a decline likely to further exacerbate trade tensions with Washington. Here are five things to know about the yuan’s slide: – Why has the …

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Equities, yuan take hit as Trump dials up trade war with China

Hong Kong, China | AFP | Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his trade war with China by hiking tariffs on more than half-a-trillion dollars worth of imports. However, dealers pared earlier steep losses after the president said …

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Iran foreign minister Zarif makes surprise visit to G7 summit

Biarritz, France | AFP | Iranian Foreign Minister Mohammad Javad Zarif flew into Biarritz in southwestern France for the G7 summit on Sunday in a surprise attempt to break a diplomatic deadlock over Tehran’s disputed nuclear programme. Zarif’s presence had not been announced and represented a gamble by French host …

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Johnson seeks to push Trump at fractious G7

Biarritz, France | AFP |  British Prime Minister Boris Johnson will on Sunday seek to persuade President Donald Trump to offer flexibility on trade and also win concessions from the EU on Brexit, at a G7 summit hosted by France marked by stark divisions. Johnson was to hold his long-awaited first …

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PM Boris Johnson supports new digital tax

Johnson insists US digital giants must be taxed ‘fairly and properly’ Biarritz, France | AFP |  British Prime Minister Boris Johnson on Saturday said that US digital giants needed to be taxed “fairly and properly” in a growing dispute with the United States over taxing the likes of Amazon, Apple, …

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Cloud gaming faces challenges as Google prepares launch

Cologne, Germany | AFP | Urging fans to plunge into a virtual high-res surround sound universe of extraordinary games, Google hopes its cloud-based Stadia platform will take the world by storm on its November launch. The US digital behemoth unveiled details of its nascent streaming video platform at this week’s Gamescom …

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Why is part of the Amazon burning?

Washington, United States | AFP | The thousands of fires burning in the Amazon don’t look like the major forest fires of Europe or North America — instead, they are fueled mainly by branches, vegetation and other byproducts of deforestation in cleared areas, experts say. The dramatic scale of this year’s …

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