Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge of recession and sending the pound tumbling to a 2.5-year low.

British food delivery company Deliveroo said Monday it would pull out of Germany entirely this week, saying it plans to focus on more promising markets elsewhere.

A few steps from the sea in the Normandy resort of Deauville, a group of curious holidaymakers in flip-flops and beach garb pepper a technician with questions as he extols the capabilities of a cutting-edge 3D modelling machine.

President Donald Trump said Friday he was not ready to finalize a trade deal with Beijing and signaled he might cancel talks set for September, raising the stakes in the intensifying U.S.-China trade war.

European stock markets slumped Friday and the pound hit a fresh two-year low versus the euro as traders reacted to a fast-moving Italian political crisis and official data showing the UK's Brexit-facing economy is on the brink of recession.

Italy's political situation is once again in flux after far-right Deputy Prime Minister Matteo Salvini pulled the rug out from under the ruling coalition.

The financial crisis in the Palestinian territories is causing hard times for residents but may lead to an unexpected reprieve for many sheep.

Britain's economy unexpectedly shrank in the second quarter, official data showed Friday, with output faltering on Brexit turmoil.

Beijing on Thursday said U.S. rules banning technology giant Huawei and other Chinese firms from government contracts amounted to "abuse of state power" amid an escalating China-U.S. trade war.

President Donald Trump said Thursday he is not happy with the strong U.S. dollar, which is hurting American manufacturing, and blamed the Federal Reserve for keeping interest rates too high.
