Brexit: PM faces backlash over possible extension to transition period

Image copyright Reuters Theresa May is facing criticism from her own party after signalling she might be willing to extend the post-Brexit transition period. Scottish Secretary David Mundell is said to have written to her to condemn the move, whilst former leader Iain Duncan Smith said it would see the UK paying the EU “tens of billions” more. Conservative MP ...

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SAIC VW starts work on $2.5 billion China plant in Audi pivot

BEIJING (Reuters) – Volkswagen AG’s (VOWG_p.DE) China venture with SAIC Motor Corp Ltd (600104.SS) has started building a $2.5 billion new energy vehicle (NEV) plant in Shanghai, which will make VW’s luxury Audi AG (NSUG.DE) brand cars, a possible first for the venture. FILE PHOTO: The logo of Shanghai Volkswagen, a joint venture between SAIC Motor and Volkswagen Group, is ...

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Malaysian ex-deputy PM charged with money laundering, graft

KUALA LUMPUR (Reuters) – Malaysia’s former deputy prime minister, Ahmad Zahid Hamidi, was charged on Friday with 45 criminal offences including money laundering and graft, the state news agency reported, amid a widening crackdown on corruption. FILE PHOTO: Deputy Prime Minister Ahmad Zahid Hamidi of Malaysia speaks during a high-level meeting on addressing large movements of refugees and migrants at ...

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Anjem Choudary: Radical preacher released from prison

Image copyright PA Image caption Anjem Choudary will serve the second half of his sentence outside of prison Radical preacher Anjem Choudary, jailed for inviting support for the Islamic State group, has been released. The cleric was sentenced in 2016 to five-and-a-half years in prison. He led an extremist network linked to violent jihadists, including one of the killers of ...

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Italy’s Armani will remain independent: paper

MILAN (Reuters) – Italian fashion house Giorgio Armani has been approached by many suitors but intends to remain an independent player, the company’s founder and owner said in an interview in MF daily on Friday. FILE PHOTO: Fashion designer Giorgio Armani poses with models at the end of the Giorgio Armani show during Milan Fashion Week Spring 2019 in Milan, ...

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Briton, Canadian arrested in Thailand for graffiti on wall

BANGKOK (Reuters) – Two tourists charged with vandalism for spray painting graffiti on a wall in northern Thailand face up to 10 years in prison if found guilty, police said on Friday. Tourists leave after spray painting graffiti on a wall near Tha Phae Gate, the main entrance to the old town in Chiang Rai, Thailand, October 18, 2018, in ...

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PlayStation usernames: The stories behind the most embarrassing ones

Image copyright Getty Images Image caption The first PlayStation console was released in 1994 PlayStation has announced that early next year players will be able to change their PlayStation Network Online ID for the first time. It’s a long-awaited feature for PlayStation users that means those weird and shameful usernames will be no more. Can’t relate? Try to think about ...

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Asia shares erase losses as China’s market support helps Shanghai surge

SHANGHAI (Reuters) – Asian stocks clawed back losses on Friday as China’s efforts to bolster investor confidence helped its share markets rally, although data showing the world’s second-largest economy growing at the slowest pace since 2009 capped broader gains. FILE PHOTO: The skyline of Beijing’s central business district on a sunny day, China September 7, 2018. REUTERS/Jason Lee/File Photo The ...

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