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Bloomberg UK businesses told Prime Minister Theresa May to get on with taking key Brexit decisions as companies start putting their contingency plans in place, according to a person at a meeting at her London office. May gathered leaders of companies ranging from aerospace to retail along with Chancellor of the Exchequer Philip Hammond and Brexit Secretary David Davis for ...

Bloomberg The UK services sector grew more than forecast in May as the economy continued to plot a modest recovery from the snow disruption of the first quarter. IHS Markit said on Tuesday its Purchasing Managers Index rose for a second month to 54 from 52.8. That beat the reading of 53 predicted in a Bloomberg survey. Taken together with ...

Bloomberg Qualcomm Inc, the biggest maker of semiconductors for smartphones, unveiled a new chip, said Samsung Electronics Co. is already on board as a customer, and offered free wireless data for devices based on the processor — all part of a push to get its mobile technology into the computing market dominated by Intel Corp. Samsung is committed to offering ...

Bloomberg Even as Donald Trump tweets his support for US agriculture, farmer loyalty for the president looks like it’s starting to waver over moves that may undermine corn-based etha-nol and escalate trade disputes with countries that import American crops. A long-anticipated White House announcement expected to lower costs for oil refiners at the expense of ethanol may show that the ...

Bloomberg Italian Prime Minister Giuseppe Conte pledged in his maiden speech that his government will push through populist measures ranging from a “citizen’s income” for the poor to tax cuts and curbs on immigration, as he called for a stronger, fairer Europe “to prevent its decline.” Speaking in the Senate before a confidence vote, the 53-year-old lawyer with no political ...

Bloomberg Germany is ready to challenge any attempt by Italy’s populist government to flout European Union regulations or seek special treatment from the bloc. German Chancellor Angela Merkel was among the first to congratulate her Italian counterpart, Prime Minister Giuseppe Conte, but if necessary she is prepared to make clear to the new government in Rome that it must stick ...

Bloomberg Sweden’s nationalists are cementing their support at near 20 percent as the country heads for an election in September that is all but certain to end in gridlock. The anti-immigrant Sweden Democrats (SD) were backed by 18.5 percent of potential voters, up 5.6 percentage points from the election in 2014, a watched biannual poll from the country’s statistics office ...

Bloomberg President Donald Trump’s ambassador to Germany ignited a fresh political furor after telling news website Breitbart he wants to “empower” conservative forces across Europe, compounding already tense trans-Atlantic relations. Germany’s Foreign Ministry said it will seek a clarification over the comments by US Ambassador Richard Grenell when he meets a deputy foreign minister on Wednesday. Grenell said in an ...

Bloomberg Special Counsel Robert Mueller accused Paul Manafort, the former chairman of Donald Trump’s 2016 presidential campaign, of attempting to tamper with witnesses in the federal case charging him with money laundering and acting as an unregistered foreign agent of Ukraine. Manafort and a longtime associate tried to contact two witnesses to secure false testimony about work that a group ...

Bloomberg Spanish Prime Minister Pedro Sanchez is looking to defend himself against claims he’ll be too generous to Catalan separatists with his first appointments. Foreign Minister-Designate Josep Borrell was one of the most high-profile defenders of Spanish unity during last year’s crisis and as a Catalan has particular authority to tackle the separatists’ arguments. The 71-year-old will also be in ...