Business

23 Jan 2019; AFP: British MPs frustrated with Prime Minister Theresa May's Brexit strategy are seeking to force a new approach, which could include delaying Britain's exit from the EU and holding a second referendum.

The House of Commons rejected May's withdrawal deal last week, leaving Britain on course to exit the EU on March 29 with no deal.

She has promised to try once again to amend the agreement, but critics say she will not succeed -- and that parliament must now take control.

President Donald Trump had a message Tuesday for Democrats hoping he'll relent in the political arm wrestling that has seen funds blocked to parts of the government for a record 32 days: "No Cave!"

Trump's defiant tweet again blamed congressional Democrats for the chaos, insisting he will not lift his shutdown on federal government funding unless they approve his $5.7 billion plan for more walls along the US-Mexican border.

23 2019; AFP: The White House on Tuesday said high-level trade talks with Beijing were proceeding uninterrupted, quickly rebutting media reports that progress toward resolving their trade war had faltered.

Chinese Vice Premier Liu He is to meet his US counterparts in Washington next week as the two sides work to resolve their trade disagreements by March 1, when a 90-day truce is due to expire, allowing US import duties on Chinese goods to increase sharply.

23 Jan 2019; AFP: Sony will shift its European headquarters from Britain to the Netherlands to avoid Brexit-related customs issues, but operations at its current UK company will remain unchanged, a company spokesman said Wednesday.

"We are moving the location of our European headquarters' registration to the Netherlands" by the end of March, company spokesman Takashi Iida told AFP.

The relocation is aimed at avoiding cumbersome customs-related procedures after Britain leaves the European Union, he said.

22 Jan 2019; DW: UK billionaire and Brexit campaigner James Dyson announced on Tuesday that he is moving the headquarters of his company, famous for its cordless vacuum cleaners, to Singapore. Dyson insisted that the move had nothing to do with the UK's exit from the European Union.

"An increasing majority of Dyson's customers and all of our manufacturing operations are now in Asia; this shift has been occurring for some time and will quicken as Dyson brings its electrical vehicle to market," the company said in a statement.

22 Jan 2019; DW: US Ambassador Richard Grenell says months of pressure from the United States led Germany to ban Iran's Mahan Air. But German officials say they've cut off the carrier as part of their own security policy.

US Ambassador Richard Grenell is claiming a diplomatic victory after German officials decided to ban the Iranian airline Mahan Air from operating within the country.

22 Jan 2019; DW: Speaking with DW in Davos, former British Prime Minister Tony Blair has called a new vote "the sensible thing in this situation." He said a "no-deal Brexit would be catastrophic for everyone."

Speaking with DW at the World Economic Forum in Davos, Switzerland, former British Prime Minister Tony Blair again made the case for holding a second referendum on Brexit. Blair said of the current parliamentary impasse, "The process is a mess," adding, "The sensible thing in this situation is to go back to the people."

22 Jan 2019; DW: The EU has fined Mastercard €570 million for limiting competition between banks offering cheaper payment fees. The European Commission said Mastercard's actions harmed consumers and retailers in the bloc.

The European Commission on Tuesday fined Mastercard €570 million ($648 million) for preventing retailers from looking for better card payment terms at banks around Europe.

Ranchi, Jan 22 (PTI) Jharkhand Chief Minister Raghubar Das Tuesday tabled an estimated Rs 85,429 crore budget for the year 2019-20 in the state Assembly with more than 25 per cent of the funds earmarked for development of ST/SC areas.

Out of the total budget, Rs 65,803 crore is on the head of revenue expenditure while Rs 19,626 crore on capital expenditure, the chief minister said in his budget speech.

KATHMANDU, Jan. 21 (Xinhua) -- Nepali and Chinese entrepreneurs discussed on Monday at a forum the promotion of Chinese investment in the Himalayan country through joint ventures.

A delegation of Chinese entrepreneurs led by China Council for the Promotion of International Trade (CCPIT) and members of the Confederation of Nepalese Industries (CNI), a grouping of medium and large scale industries in Nepal, held business to business meeting about the promotion of Chinese investment in Nepal through joint ventures.