Democrats introduce article of impeachment against Trump January 11, 2021 Democrats in the House of Representatives have formally introduced an article of impeachment against US President Donald Trump over his role in the Capitol riots last week. The resolution contains a single article of impeachment charging the president with “incitement of insurrection”. It cites Trump’s comments at a rally shortly before his supporters stormed the [...]
Huawei set for year of transition amid ‘technological Cold War’ January 11, 2021 Huawei will likely transition towards software as a “technological Cold War” controls the hardware supply, shifting the company’s prospects for 2021, analysts have said. Harsh US sanctions on China have hit suppliers of chips, which are crucial to mobile phone production, and forced the tech giant to look to other avenues. Ben Wood, chief of [...]
Twitter shares slide following ‘problematic’ Donald Trump ban January 11, 2021 Twitter’s shares went into reverse this morning following the social media site’s decision to ban US President Donald Trump. The platform permanently suspended the president’s account over the weekend, stating that there was a risk of further incitement of violence following riots at the Capitol last week. “After close review of recent Tweets from the [...]
Donald Trump course axed as host of 2022 US PGA Championship over fears of ‘irreparable damage’ to its brand January 11, 2021 US PGA Championship organisers have cancelled plans to stage the golf major at a course owned by Donald Trump next year. The PGA of America said it risked “irreparable damage” to its reputation if it did not terminate its agreement with Trump National in Bedminster, New Jersey. The decision come days after Trump supporters stormed [...]
Democrats to kick off bid to remove Trump from office January 11, 2021 The Democratic Party will today kick off attempts to remove President Donald Trump from office after last week’s riots at the US Capitol. Yesterday Speaker of the House Nancy Pelosi wrote to fellow party members setting out the plans. “In protecting our Constitution and our Democracy, we will act with urgency, because this President represents [...]
Trump tie-making firm enters race for Arcadia assets January 10, 2021 A US clothing firm with links to the Trump family has emerged as a bidder for the pieces of Sir Philip Green’s Arcadia retail empire. The Telegraph reported that G-III Apparel had become the latest company to throw its hat into the ring for brands such as Topshop and Dorothy Perkins. The New York company [...]
Twitter permanently suspends Donald Trump’s account to prevent incitement of violence January 9, 2021 Twitter has permanently suspended Donald Trump’s account, citing the risk of further incitement of violence following the storming of the US Capitol on Wednesday. The US President has repeatedly used the platform to declare that the outcome of the 3 November election was fraudulent and to share other conspiracy theories. Trump also urged his supporters [...]
Trump won’t attend Biden inauguration this month January 8, 2021 Donald Trump will not attend the inauguration of his successor Joe Biden later this month, he has confirmed. The US President confirmed the news via Twitter this afternoon. He said: “To all of those who have asked, I will not be going to the inauguration on January 20th.” Vice President Mike Pence is expected to [...]
Before the Bell: Equities and copper are on a roll January 8, 2021 Equity markets in Europe and the US enjoyed rallies yesterday as traders bought stocks on the back of the view that the future Biden administration will be keen to use stimulus packages to support the economy. In late December, lawmakers signed off on a $900bn relief package but in October, Nancy Pelosi, of the Democrats, [...]
Shopify joins Facebook and Instagram Trump ban January 7, 2021 Donald Trump has been banned from Facebook and Instagram until the presidential transition is completed, Mark Zuckerberg has confirmed – and the ban could go on for longer. Zuckerberg, the founder and CEO of Facebook, which owns Instagram, confirmed the current US President would be banned from posting on the platforms for the remaining days [...]