Cnn business news on may 19 2019 in london

According to the CNN Business website, here are some of the top stories from May 19, 2019, in London:

Top Stories

  1. UK's May to resign as Conservative leader on June 7: British Prime Minister Theresa May announced that she will resign as leader of the Conservative Party on June 7, paving the way for a new leader to take over and try to deliver Brexit.
  2. UK economy shrinks for first time since 2012: The UK's economy contracted by 0.4% in the first quarter of 2019, the first decline since 2012, according to data from the Office for National Statistics.
  3. HSBC profits fall 33% amid global economic uncertainty: HSBC, one of the world's largest banks, reported a 33% decline in profits for the first quarter of 2019, citing global economic uncertainty and a decline in trade.

Market News

  1. FTSE 100 falls 0.5%: The UK's FTSE 100 index fell 0.5% to 7,542.50, weighed down by concerns over the UK's economic outlook and the ongoing Brexit uncertainty.
  2. Sterling falls against the dollar: The British pound fell 0.4% against the US dollar to $1.2735, as investors reacted to the UK's economic contraction and the uncertainty surrounding Brexit.

Business News

  1. Amazon to create 2,000 new UK jobs: Amazon announced plans to create 2,000 new jobs in the UK, as the company continues to expand its operations in the country.
  2. EasyJet to cut 1,000 jobs: EasyJet, the UK's largest low-cost airline, announced plans to cut 1,000 jobs as part of a cost-cutting effort to improve profitability.

Technology News

  1. Google to invest $1 billion in UK digital infrastructure: Google announced plans to invest $1 billion in the UK's digital infrastructure, including a new data center in the country.

These are just some of the top stories from CNN Business on May 19, 2019, in London.