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Johnson gets boost in race for UK PM's job as former rival backs him
Boris Johnson got a boost in his bid to replace British Prime Minister Theresa May on Monday when one of his former rivals backed him and said he was almost certain to win the contest.

UK PM contender Javid says would back leave in any second EU referendum
Interior minister Sajid Javid, a contender to replace Prime Minister Theresa May, said on Monday he would vote to leave the European Union if Britain held a second referendum because it was time to end the never-ending debate.

UK PM candidate Hunt: Brexit paralysis has damaged UK's reputation
Britain's paralysis over implementing the decision to leave the European Union has damaged its standing on the world stage, said foreign minister Jeremy Hunt, one of six men hoping to become the country's next prime minister.

UK PM hopeful Gove pledges to talk to Germany, Ireland to win better Brexit
Michael Gove, a candidate to replace Britain's Theresa May, said on Monday if he became prime minister he would try to win changes to a Brexit deal by opening talks with German Chancellor Angela Merkel and Irish Prime Minister Leo Varadkar.

U.S. chipmakers quietly lobby to ease Huawei ban
Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue
China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year.

UK PM hopeful Stewart says he is on course for next stage of contest
Rory Stewart, a contender to replace British Prime Minister Theresa May, said on Monday he believed he could get through to the next stage of the leadership contest if Conservative Party lawmakers follow through on their indications of support.

UK PM contender Javid says would back leave in any second EU referendum
Interior minister Sajid Javid, a contender to replace Prime Minister Theresa May, said on Monday he would vote to leave the European Union if Britain held a second referendum because it was time to end the never-ending debate.

UK PM hopeful Raab 'quietly confident' of making next round of leadership contest
Dominic Raab, a candidate to replace British Prime Minister Theresa May, said on Monday he was "quietly confident" of going through to the next round of a Conservative Party leadership contest.

Deutsche Bank to set up 50 billion euro bad bank
Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.

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