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Trump blocks $117bn Qualcomm takeover citing national security

Donald Trump has exercised rarely-used powers to block the hostile takeover of mobile chipmaker Qualcomm by Singapore-based rival Broadcom. The White House said the President was acting on the recommendation of the Committee on Foreign Investment in the United States, which reviews foreign purchases of US companies, to reject the …

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OECD warns of trade war threat to global economic rebound

An improved outlook for world economic growth will be placed at severe risk if a trade war results from US metal tariffs, a respected global forum has warned. In its latest forecasts, the Organisation for Economic Cooperation and Development (OECD) raised its world growth expectations for both 2018 and 2019 …

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Moscow taunts UK Govt over poisoning allegations

The Russian foreign ministry has mocked allegations of its involvement in a chemical weapon attack in the UK which seriously harmed three people. The ministry has begun using the hashtag #HighlyLikelyRussia on Twitter to cast aspersions on the Government’s assessment that it was involved in the poisoning of former spy …

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