Bloomberg The value of UK services exports fell in the second quarter, driven by a decline in trade to the European Union. Overseas sales in that category decreased to $93 billion in the three months through June, down 2.1% from a year earlier, Office for National Statistics (ONS) data. Those to the EU dropped 1.7 billion pounds, primarily caused by ...

Bloomberg Texas Instruments Inc shares plunged the most in almost 11 years after the chipmaker gave a weaker-than-expected forecast and warned that trade tension is making customers far more cautious. The report spurred a selloff in semiconductor stocks. Investors have poured money into chip stocks this year, betting on a rebound in demand. That hasn’t happened as a US-China trade ...

Bloomberg House Financial Services Committee Chairwoman Maxine Waters said Facebook Inc should cease work on its cryptocurrency project until the company addresses a series of unrelated “deficiencies” in its social-media business. Waters, speaking at a hearing featuring CEO Mark Zuckerberg, cited Facebook’s misappropriation of users’ personal data, its role in allowing Russia to influence the 2016 presidential election and the ...