Afternoon Coffee: Brexit Deal Clears Hurdle But Could Sink PM,  Paramount WorkPlace Unveils Updates

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UK Prime Minister Theresa May got her Cabinet’s approval for the Brexit deal worked out with the EU, but ensuing battles may undercut her administration’s hold on power as it seeks Parliament’s approval, The Wall Street Journal reports. Six of her ministers quit amid the backlash over the deal, which some say favors the EU too much. For a look at Brexit’s possible supply chain disruption, the New York Times follows the flowers — from Africa, Asia and Latin America to London flowershops.

Paramount WorkPlace Releases New Software

Paramount WorkPlace on Thursday announced the release of its latest software solutions for procurement, requisition and expense, according to a press release. The company said the updates include new reporting metrics, advanced OCR capabilities for machine learning, added mobile functions, new payment processing, expanded Google integration and a modern user interface.

“We have incorporated a number of user-requested features along with productivity and user experience enhancements designed to advance our clients’ abilities to bring more spend under management,” said Vice President Spencer Chambers, in the press release.

U.S. Sanctions Saudis in Journalist’s Killing

The U.S. government on Thursday sanctioned several Saudis allegedly involved in the killing of Saudi journalist Jamal Khashoggi, a writer for the Washington Post and a U.S. resident, CNBC reports. Fallout from the killing threatened Saudi Arabia’s efforts to diversify its economy, and many influential investors and U.S. officials dropped out of Saudi Arabia’s annual investment conference in Riyadh last month amid questions about the crown prince’s role in the killing, CNBC reports.

U.S.-China Trade Talks Lift Stocks

And finally, an update on stocks: The market responded favorably to news that negotiators of a U.S.-China trade deal were seeking to make advances before the G20 meeting this month, Bloomberg reports.

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