Microsoft will shut down Skype's London offices, making most of its employees redundant, and terminating the headquarters of a rare European technology champion. The closure comes at a time when the British tech industry is desperate to indicate that it is thriving and open for business in the wake of Britain's vote to leave the EU.

Japan's government has warned that Brexit could result in the country's firms moving their European head offices out of Britain.

The Chinese yuan fell to its weakest level against the US dollar since late 2010, after China's central bank cut its daily-fix value for the currency by the biggest margin since a one-time devaluation in August 2015.

The Institute of Directors (IoD) surveyed 1,000 of its members and found that a quarter planned to freeze recruitment.

UKIP leader Nigel Farage hailed it as the UK's "independence day" but the Remain camp called it a "catastrophe."

A brief history of a dominant Google's soul-searching competition battle in the EU.

Europe's competition regulator has accused Qualcomm of predatory pricing and paying a major handset maker to use its 4G baseband chips exclusively.

European antitrust regulators cleared on Monday Avago Technologies planned US$37 billion takeover of rival chipmaker Broadcom without conditions.

The European Commission (EC), the administrative and executive body of the 28-nation European Union (EU), has opened two antitrust investigations into the behavior of Qualcomm with regard to its market dominance of semiconductors used in consumer electronics.

Greece's Prime Minister Alexis Tsipras has said that the Greeks made a "brave choice" in voting to reject the terms of an international bailout.

In a ruling issued Thursday, the European Union's General Court rejected Intel's appeal of a EUR1.06 billion (US$1.44 billion) penalty for antitrust violations. Instead, the EU General Court upheld the record-breaking penalty against the US computer chip giant, which had been issued in 2009 by the EU Commission.

The German economy grew strongly in the second quarter, raising hopes that the eurozone has come out of recession.

The EU will delay for two months the full impact of import tariffs it planned to put on China-based solar panel equipment, to allow China-based manufacturers to negotiate a settlement that could defuse one of the biggest trade disputes in recent decades, EU officials said on June 4.

The EU's trade chief on June 4 carried out his threat to impose tariffs on solar panels from China.

Tariffs imposed by the EU on Chinese solar panels are lower than expected and may drive up imports for the next two months while officials pursue a trade agreement, renewable-energy developers said.

Adroitly alternating the threat of a trade war with the lure of its huge import market, China appears to have driven a deep wedge between Germany and the rest of the EU. And it may even have caused a rift within the Germany business world.

A majority of EU governments oppose a plan to impose hefty duties on solar panel imports from China, a survey of member states showed on May 27, undermining efforts by Brussels to pressure Beijing over its trade practices.

Fearful of losing business in China, Germany, UK and the Netherlands are among at least 14 member states who oppose the sanctions, it was reported.

EU trade authorities on Monday signaled they would push ahead with a plan to impose import tariffs on solar-panel equipment made in China, despite heavy lobbying from the Chinese government that appeared to be weakening support for the duties among EU member governments.

China-based solar panel makers are seeking separate trade settlements with the US and the EU to avoid steep tariffs in their biggest markets.

The European Commission has proposed a tough 47% anti-dumping tariff to penalise the imports, it emerged on May 8.