The latest on Brexit: The European Parliament's chief Brexit official has welcomed British Prime Minister Theresa May's move to hold talks with the opposition Labour Party as "better late than never." Guy Verhofstadt welcomed May's move and said it was "good" she was reaching out across party lines to find a compromise to break the Brexit deadlock.

The company that operates the tunnel beneath the English Channel is urging British and European Union leaders to move quickly to work out rules that will allow traffic to continue smoothly after Brexit. Eurotunnel said it "duly notes" the British Parliament's Tuesday rejection of a divorce deal between the EU and Britain's government, which was meant to prevent an abrupt severing of economic ties and soften the March 29 exit. The company said in a statement that 26 percent of EU-Britain trade passes through the tunnel.

The company that operates the tunnel beneath the English Channel is urging British and European Union leaders to move quickly to work out rules that will allow traffic to continue smoothly after Brexit. Eurotunnel said it "duly notes" the British Parliament's Tuesday rejection of a divorce deal between the EU and Britain's government, which was meant to prevent an abrupt severing of economic ties and soften the March 29 exit. The company said in a statement that 26 percent of EU-Britain trade passes through the tunnel.

British lawmakers issued a scathing report Monday that accused Facebook of intentionally violating privacy and anti-competition laws in the U.K., and called for greater oversight of social media companies. The report on fake news and disinformation on social media sites followed an 18-month investigation. The parliamentary committee that prepared the report says social media sites should have to follow a mandatory code of ethics overseen by an independent regulator to better control harmful or illegal content. The report called out Facebook in particular, saying that the site's structure seems to be designed to "conceal knowledge of and responsibility for specific decisions."

British regulators say the proposed supermarkets merger between Sainsbury's and Walmart's Asda unit would push up prices and reduce quality for shoppers, casting doubt on a deal that would create the country's biggest grocery chain.

For many in England, it's been a day of much-needed retail therapy. Long lines stretched down streets in England on Monday as shops selling items considered as nonessential during the coronavirus pandemic, such as sneakers and toys, welcomed customers for the first time since the U.K. was put into lockdown in late March. Starved of the retail experience for the best part of three months, the keenest of shoppers rushed to make up for lost time, to pick up a bargain, browse or just have a chat.

The coronavirus pandemic has turned everything on its head in the global economy, not least in Britain where the center-right Conservative government effectively socialized large chunks of the private sector and shut down the pubs. After announcing Friday the closure of the recreation and leisure industry, including cinemas, gyms and restaurants for an indefinite period, in an effort to contain the virus' spread, the government said it would be stepping in to pay a large chunk of people's wages.

Oxford University says it is suspending research grants and funding donations from Huawei amid growing security concerns about the Chinese telecom giant, which has already been blocked in the U.S. due to perceived cybersecurity risks. Huawei is facing suspicion elsewhere in Europe as well, and the company's chief financial officer is fighting a U.S. extradition request on charges related to Iran sanctions violations.

The chief executive and chief creative officer of luxury fashion powerhouse Burberry have apologized for putting a hoodie with strings tied in the shape of a noose on their London Fashion Week runway. The knotted strings surfaced after Sunday's show when a model hired to walk (but not wear the outfit) complained both before the show and on Instagram, saying the noose not only evoked lynchings but also suicide.