Bloomberg For foreign-exchange traders, a no-deal Brexit is bound to sink the pound no matter what protections are put in place to mitigate immediate financial risks. As lawmakers hit gridlock over Prime Minister Theresa May’s proposed withdrawal accord, some have suggested Britain could leave the European Union without a divorce deal in hand and take steps to control and contain ...

Bloomberg Huawei Technologies’s rotating chairman, speaking publicly for the first time since the shock arrest of its chief financial officer, warned that blacklisting the Chinese company without proof will only hurt the industry and snarl the advent of future wireless technologies worldwide. The company took swipes at the US and its allies on Tuesday during its first press event since ...

Bloomberg Japan’s budget for the fiscal year starting in April 2019 will top 100 trillion yen ($890 billion) for the first time, highlighting the government’s struggle to curb spending in the developed world’s most indebted nation. The budget will increase 3.8 percent to about 101.5 trillion yen, according to a draft budget document obtained by Bloomberg News. Almost a third ...