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Why did Hammond omit B-word in Britain’s budget?

Britain's 2018 budget plans

Britain’s Chancellor of the Exchequer Philip Hammond barely uttered the B-word in the more than 70 minutes it took him to unveil the latest UK budget on Monday. Inevitably, though, Brexit was the elephant stomping around the room — or, rather, one of them. Exit negotiations with the European Union (EU) are stalled over a disagreement about how to keep ...

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The H in HSBC looks a bit more vulnerable

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Watch out HSBC Holdings Plc. The digital banking revolution is coming for all the easy money the UK-based bank has long taken for granted. Hong Kong was HSBC’s birthplace as the Hongkong & Shanghai Banking Corp., and the former British colony remains its single biggest market, a source of sticky deposits and ready borrowers. For now, that’s still boosting the ...

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Google suffers a salutary setback in Berlin

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As 20 finalist cities in the US compete for the right to host Amazon’s second headquarters, Google has had to drop plans for a campus in Berlin after the project was rejected by residents and the leftist city government proved unenthusiastic. There are two ways of looking at this: It confirms a lasting US advantage over Europe when it comes ...

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