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Dixon Carphone gets a boost from Brexit retail therapy

  Bloomberg When the going gets tough, Brits buy 4K TVs and fancy food mixers. Dixons Carphone, one of the retailers most exposed to the fall-out from Britain’s vote to leave the European Union, reported first-quarter sales that beat analyst expectations, and said it had seen “no detectable impact” from the referendum result on UK consumers. Britons it seems, have ...

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Obama warns China over South China Sea ruling

  Vientiane / AFP US President Barack Obama warned Beijing on Thursday it could not ignore a tribunal’s ruling rejecting its sweeping claims to the South China Sea, driving tensions higher in a territorial row that threatens regional security. The dispute has raised fears of military confrontation between the world’s superpowers, with China determined to cement control of the strategically vital ...

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US president ‘not ready to concede’ Gitmo will stay open

  Vientiane / AFP With months left in office, US President Barack Obama said on Thursday he was not ready to give up on an eight-year-old promise to close the prison at Guantanamo Bay. Obama urgently wants to shutter the facility before he leaves the White House at the start of next year but his efforts have been continually thwarted by ...

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