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An emotional Theresa May has said she will step down as Tory leader in two weeks, after her fourth attempt at getting MPs to back her Brexit deal floundered before it was even put to a vote. (AP)

UK's Theresa May To Resign As Latest Brexit Plan Founders

Prime Minister Theresa May announced Friday that she will resign as leader of the Conservative Party on June 7 after facing a backlash from lawmakers over her latest attempt to win support for her much-maligned Brexit withdrawal agreement.

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Julian Assange Hit With 17 More Counts Over WikiLeaks

WikiLeaks founder Julian Assange has been indicted on 17 additional charges for allegedly encouraging leaks by former Army intelligence analyst Chelsea Manning, and for publishing documents that revealed the identities of U.S. government sources abroad, the U.S. Department of Justice said Thursday.

Germany Fines Bosch €90M Over Emissions Scandal

German prosecutors on Thursday said they have imposed a €90 million ($100.6 million) fine against automotive supplier Robert Bosch GmbH for breaching supervision duties in connection with the diesel emissions cheating scandal.

National Grid Sues Power Cable Cos. For £188M Over Cartel

National Grid, Britain’s largest transmitter of electricity and gas, has added a further £40 million ($50.7 million) to losses it is claiming from a group of European power cable companies that were part of a cartel that rigged the market for over a decade.

Retired Judge To Lead Probe Into FCA Amid Bond Scandal

A former appellate judge will lead an investigation into whether the Financial Conduct Authority failed to oversee London Capital & Finance PLC before the mini-bond issuer's collapse in January, the agency and HM Treasury said Thursday. 

Morrisons Data Breach Dispute Heads To UK Top Court

Britain's top court said Thursday that it will hear an appeal from supermarket chain Morrisons challenging a ruling holding it liable for data protection violations after a disgruntled employee stole and published payroll details for almost 100,000 fellow workers.

Sunken Ship Insurance Fight Sails Into UK's Top Court

Britain's top court said Thursday it will consider whether a group of underwriters and insurers can sue a Turkish shipping company's banker in England after a cargo ship was deliberately sunk off the coast of Yemen six years ago.

EU Court Won't Make ECB Pay Investors Over Greek Bailout

The European Central Bank does not have to compensate private investors for losses after Greece reshuffled its public debt to stay afloat during the financial crisis, a European Union court ruled on Thursday.

CMA Targets Pharma Sector Again With New Price-Plot Case

Britain's competition watchdog accused four pharmaceutical companies on Thursday of illegally colluding to restrict the U.K.'s supply of an anti-nausea tablet, the authority's latest crackdown on plots to drive up the price of drugs for the National Health Service.

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