News

Chinese technology giant Huawei Technologies said on Tuesday it has secured more than 25 commercial contracts for 5G, the largest in the world, and has shipped more than 10,000 base stations for the fifth generation of mobile communications.

A consortium led by British private equity firm Bridgepoint has made a takeover offer of 9.19 billion Swedish crowns ($1 billion) in cash for Swedish gaming company Cherry AB, Cherry said on Tuesday.

* Nedbank completes transaction with minority shareholders (Adds more detail, Ecobank, Nedbank response, trader comment, share price)

* HK tracks global markets' fall, set off by grey economic outlook

Long-standing commitment omitted from draft white paper

Theresa May has long promised to cut net new arrivals to under 100,000

Chinese stocks ended lower on Tuesday after President Xi Jinping offered no specific support measures for the economy in a closely watched speech marking 40 years of market liberalisation, adding to pressure from faltering shares in other Asian markets and the United States on concerns about global economic growth. ** The...

British Communities Secretary James Brokenshire said on Tuesday that preparing for a no-deal Brexit was the right course of action for the government to take despite the fact that it was not what it wanted to happen.

British hedge fund Caius has made a payment to UniCredit to settle a dispute over complex financial instruments which Italy's biggest bank counts towards its core capital, the two companies said.

Two government-requested reports published on Tuesday recommend radical measures to inject more competition and tougher scrutiny of Britain's "Big Four"-dominated audit market.