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UK 'open for business' despite firms leaving: trade minister

Britain remains a world-leading destination for foreign investment despite Brexit clouds and the departure of a number of companies, International Trade Secretary Liam Fox said Wednesday. Interviewed by AFP at the World Economic Forum in Davos, Fox also welcomed a proposal by Poland that...

Japan logs first trade deficit since 2015

Japan logged a trade deficit last year for the first time since 2015, with export growth slowing amid tensions between the country's two biggest trading partners -- China and the United States. Japan logged the deficit of 1,203 billion yen ($11 billion) in 2018 after two years of surplus,...

China, Europe follow Brazil's Bolsonaro onto Davos stage

China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite. Top billing at the World Economic Forum will go to Chinese Vice President Wang Qishan, a key...

Sony to shift UK HQ to avoid Brexit disruption

Sony will shift its European headquarters from Britain to the Netherlands to avoid Brexit-related customs issues, but operations at its current UK company will remain unchanged, a company spokesman said Wednesday. "We are moving the location of our European headquarters' registration to the...