May told the House of Commons that she would pull her earlier plan to have a vote the next day on the Brexit deal that she has negotiated with the European Union. The prime minister acted after being advised by government whips that she would lose the vote by a large margin. Sterling dropped to its lowest since April 2017 while May was addressing the House of Commons, but bounced back from its low of $1.2507. The pound last bought $1.2562, down from $1.2731, its weakest since June 2017.
China Court Bans Sale Of Most iPhones
A Chinese court has banned the sale and import of most iPhone models in a stunning decision amid the trade war between the United States and China. The ban does not cover the new iPhone XS, iPhone XS Plus or iPhone XR, which were not yet available when Qualcomm filed its lawsuit. The phones covered by the ban make up about 10% to 15% of current iPhone sales in China. The court granted a pair of preliminary injunctions requested by Qualcomm, an American microchip maker. Qualcomm claims that Apple violates two of its patents in the iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus and iPhone X. The patents allow people to edit and resize photos on a phone and to manage apps by using a touchscreen, according to Qualcomm.
Major Debt Judgement To Help Consumers
A new Supreme Court of Appeal judgement will bring welcome relief to indebted South Africans. The ruling upheld that borrowers may not pay more than 3% interest a month on a second short-term loan taken out in a 12 month period. The High Court originally ruled in favour of MFSA but this was overturned on appeal by a full bench of the court. That decision was also appealed by MFSA at the Supreme Court of Appeal, which has now ruled in favour of the NCR and DTI. This means that the new regulations remain in force.
Pule Mabe Accused of Sexual Harassment
Pule Mabe has been accused of sexual harassment by his personal assistant, who claims Mabe wanted to have sex with her in return for the job. The 26-year-old sent a grievance letter against Mabe to the party’s deputy secretary general Jessie Duarte last month. She accuses Mabe of sexual harassment, cutting down her salary and emotional abuse when she refused his sexual advances. She says these were clear attempts by Mabe to have sex with her in exchange for giving her the job. When she declined, the emotional abuse began, and her salary was cut to R15,000.
Softbank In Second Biggest IPO In History
SoftBank is raising $23.5 billion from the IPO of its Japanese mobile business, making it the second biggest stock market listing ever.