Cnn business news 2 june 2019 in london
Here are the top stories from CNN Business News on June 2, 2019, in London:
Global Markets
- The Dow Jones Industrial Average fell 0.4% to 25,648.93, while the S&P 500 slipped 0.3% to 2,859.41.
- The FTSE 100 in London closed 0.2% lower at 7,542.14.
- The euro was trading at $1.12, while the pound was at $1.27.
Business News
- Brexit Update: The UK's Parliament voted to delay the country's departure from the European Union, with a new deadline set for October 31. The move came after Prime Minister Theresa May's Brexit deal was rejected for a third time.
- HSBC Profits Fall: HSBC reported a 33% decline in first-quarter profits, citing a challenging market environment and higher costs.
- Amazon to Create 1,000 Jobs: Amazon announced plans to create 1,000 new jobs in the UK, with a focus on its e-commerce and logistics operations.
Tech News
- Facebook's Libra Cryptocurrency: Facebook's Libra cryptocurrency project faced scrutiny from lawmakers and regulators, with some expressing concerns over the potential risks and implications of the digital currency.
- Google's Stadia Gaming Service: Google launched its Stadia gaming service, which allows users to play high-quality games on their TVs, computers, and mobile devices without the need for a dedicated console.
Economy
- UK Inflation Rate: The UK's inflation rate remained steady at 2.1% in May, according to the Office for National Statistics.
- US GDP Growth: The US economy grew at an annual rate of 3.1% in the first quarter, according to the Bureau of Economic Analysis.
These are just some of the top stories from CNN Business News on June 2, 2019, in London. If you'd like more information or specific details on any of these stories, feel free to ask!