THE DAILY BRIEFING

BREXIT LINKS

Britain and the EU must allow millions of trading and insurance contracts to continue after Brexit or face chaos, lobby group International Capital Markets Association has warned.

SOFTWARE DEMAND

have written to boss Staff Jeff at Amazon Bezos demanding it stops providing facial recognition software to police forces claiming it helped US immigration authorities violate the human rights of refugees.

BIT BLOW

Japan’s biggest bitcoin trading site has stopped accepting customers after a crackdown by watchdogs. Regulators have ordered Bitflyer to improve its customer identification procedures.

GERMAN LOW

Manufacturing growth in Germany has dropped to an 18-month low, a survey by IHS Markit has revealed, in a fresh sign the eurozone is facing a slowdown.

RUGBY ROLE

Investment firm River and Mercantile Asset Management has hired former Australian rugby star Tim Horan, 48, as managing director for Australia and New Zealand.

REVOLT VOTE

Nearly 100 public firms have suffered a major shareholder revolt by more than 20pc of investors so far this year as they challenge bad behaviour and corporate excess.

VOTING SHOCK

Partners at headhunter Egon Zehnder voted against promoting boss Rajeev Vasudeva to chairman, choosing Jill Ader instead.

SWEET LISTING

Cake shop Cake Box is preparing to list on the London Stock Exchange’s AIM index, giving it a value of £43m.

GYM DEAL

Budget fitness chain Pure Gym has bought Soho Gyms and for an undisclosed amount.

FRAUD ROBOTS

Payments giant Paypal has snapped up AI-based fraud prevention firm Simility for around £90m.