The daily business briefing: December 13, 2018

Theresa May survives a leadership vote over Brexit, China arrests a second Canadian citizen after Huawei executive's arrest, and more

The Huawei logo in Barcelona
(Image credit: LLUIS GENE/AFP/Getty Images)

1. Theresa May wins confidence vote despite Brexit plan opposition

British Prime Minister Theresa May on Wednesday won a no-confidence vote called over the turmoil surrounding her deal on Britain's departure from the European Union. The victory by a 200-117 vote meant that May will keep her job for another year. She still lacks the support to pass her plan, and will continue pressing European leaders for concessions they say they won't give. May postponed a vote on her Brexit plan this week, facing rejection by lawmakers who say she is giving away too much to the European Union ahead of the U.K.'s March exit from the trading bloc. To rally support and survive the leadership vote, May agreed not seek to remain leader of the ruling Conservative Party in the next general election.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.