World

US reinforces Huawei stance as Biden meets with Merkel

The U.S. Commerce Department's Bureau of Industry and Security reinforced the United States' position against Chinese telecom giant Huawei on Thursday, as President Joe Biden met with German Chancellor Angela Merkel.

Rising inflation puts Bank of England on the spot

The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke above the central bank's 2% target and looks set to climb higher as Britain reawakens its economy from its coronavirus slumber.