FINANCIAL TIMES TSB HIRES IBM FOLLOWING MAJOR IT MELTDOWN Mid-sized British bank TSB has hired IBM to run many of its key technology systems in an effort to move on from an IT meltdown that it blamed on a previous provider owned by its parent company. TSB, the UK's seventh-largest bank, said the partnership with IBM would increase its resilience to outages and security threats while allowing it to roll out new products more quickly.

ARAMCO ' UNDERWEIGHT' SAYS MORGAN STANLEY Morgan Stanley has slapped an "underweight" rating on Saudi Aramco, as the bulk of the Wall Street banks that advised on its initial public offering, including Goldman Sachs, Citgroup and Bank of America, stopped short of recommending investors load up on the shares in their first published research on the state-owned oil company.

THE TIMES CONSERVATIVES TO MOVE HQ OUT OF LONDON Conservative Campaign Headquarters (CCHQ) is to be relocated from London to the midlands or the north as Boris Johnson seeks to entrench the party in Labour's former heartlands. The Conservatives' website reported yesterday that a senior source in Downing Street had asked it to canvas activists' views on the new location.

UN: NORTH KOREA IS USING CRYPTO TO EVADE SANCTIONS North Korea is drawing on the expertise of foreign experts to use cryptocurrencies such as Bitcoin to evade sanctions and launder money, the United Nations has warned.

THE DAILY TELEGRAPH FARAGE BANNED FROM FIRING BREXIT FIREWORKS Brexit Party leader Nigel Farage was told yesterday he cannot set off fireworks near Parliament Square to celebrate the ending of Britain's 45 year long membership of the European Union. The news came as Tory MP Mark Francois launched a crowdfunding site to cover the costs of a £500,000 Big Ben "Bong for Brexit" on 31 January.

GERMAN ECONOMY SUFFERS WORST YEAR SINCE 2013 Germany's economy grew at its slowest pace since 2013 last year as US President Donald Trump's trade war took a heavy toll on its prized manufacturing industry.

THE WALL STREET JOURNAL HOUSE VOTES TO SEND IMPEACHMENT TO SENATE The US House of Representatives yesterday approved seven impeachment managers chosen by speaker Nancy Pelosi who will argue in the coming Senate trial the Democrats' case for removing US President Donald Trump from office.

AMAZON'S BEZOS PLEDGES $1BN INDIA INVESTMENT Amazon chief executive Jeff Bezos yesterday pledged to invest an additional $1bn (£770m) in the company's Indian operations, part of a charm offensive hoping to attract local businesses in a promising but challenging market.

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