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DEBENHAMS

Debenhams issues profit warningDebenhams issues profit warning

Reported by BBC News
The department store blames market weakness as the outlook for this year declines. »more

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TRADE WAR
Trump tariffs: Markets fall as trade war fears mount   Looming trade war pushes stocks down and sends oil prices tumbling   US-China trade war tensions escalate with reciprocal tariffs  

Trump tariffs: Markets fall as trade war fears mount

Trump tariffs: Markets fall as trade war fears mount
Stocks continue to slide as investors are rattled by the escalation of the US-China trade dispute.
BBC News

 
GOVERNMENT
Ineos loses court battle over Scottish government's 'fracking ban'   Grieve: Brexit amendment will not bring government down   Government intervenes on Northern Aerospace deal over national security   Government suffers further Lords defeat over Brexit bill   The Government should remove Grenfell-style cladding on private homes too   Derby MP calls for government to intervene over Rolls-Royce job axe  

Ineos loses court battle over Scottish government's 'fracking ban'

Ineos loses court battle over Scottish government's 'fracking ban'
Petrochemical titan Ineos has lost its legal battle against the Scottish government's "effective ban" on fracking.

The firm had argued that the ban was imposed unlawfully, and that it contradicted evidence that shale gas could be produced safely by unconventional methods.

But..
City A.M.

 
SILICON VALLEY / OFFICE

Silicon Valley law firm opening Old Street office in bet on City tech scene

Silicon Valley law firm opening Old Street office in bet on City tech scene
A Silicon Valley law firm that counts Twitter and Dropbox as clients is launching a London office on Old Street in the heart of the City’s tech district, it announced today.

California's Wilson Sonsini Goodrich & Rosati (WSGR) is one of the leading tech law firms in the..
City A.M.

 
ELON MUSK
Elon Musk accuses Tesla employees of sabotage, as its share price falls   Tesla chief Elon Musk accuses worker of sabotage   Elon Musk's Boring Company is going to build a high-speed Chicago rail link  

Elon Musk accuses Tesla employees of sabotage, as its share price falls

Elon Musk accuses Tesla employees of sabotage, as its share price falls
Chief executive of Tesla, Elon Musk, has written to his staff that a Tesla employee had conducted "extensive and damaging sabotage" to the company's operations in an apparent hack, and reported a fire on the Model 3 production line.

The first email from Musk, delivered to Tesla..
City A.M.

 
AUTOMATION
The NHS needs reform and automation, not a political bidding war
It was the worst kept secret in Westminster, but we finally heard over the weekend that the NHS will receive a funding boost of around £20bn a year.

As with public sector pay increases, the Conservatives perhaps feel that they have to loosen the purse strings a little, given the scare..
City A.M.

 
MOHAIR
Asos to ban silk, cashmere and mohair from its website
The fashion retailer updates its animal welfare policy to say its site will be free of the materials by 2019.
BBC News

 
TRADE WAR WORRIES SLAM CHINA AND EMERGING MARKETS
Trade war worries slam China and emerging markets
LONDON (Reuters) - Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade dispute between the United States and China escalated further.
Reuters

 
CHILDREN
Apple CEO to advocate end to 'inhumane' immigrant children separation: Irish Times
DUBLIN (Reuters) - Apple Chief Executive Tim Cook has described the separation of children from immigrant parents at the U.S.-Mexico border as "inhumane" and promised to be a "constructive voice" in seeking to end the issue, the Irish Times newspaper reported.
Reuters






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