Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust US retail data and a Brexit-driven dive in the pound.
Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
The finalists in the race to succeed Theresa May as Britain’s prime minister wooed voters Friday in Scotland, where frontrunner Boris Johnson’s “no-deal Brexit” threats are fanning the flames of independence.
Jeremy Hunt took aim at Boris Johnson’s “do or die” pledge to take Britain out of the European Union on Oct. 31, saying his rival in the race to become prime minister could destroy the Conservative government and stop Brexit from happening.
Boris Johnson, the favourite to replace British Prime Minister Theresa May, has acknowledged that London would need cooperation from the European Union to cushion potential shocks in the event of a no-deal Brexit.