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Markets: gains wiped out

China pledges action as markets plummet on Trump talk

Donald Trump
US and Asian markets plummeted again after President Trump revived talk of more tariffs on Chinese goods, confirming scepticism among investors that a trade war can be averted. Chinese officialsRead More

G20 talks

Asian markets pare gains on US and China truce doubts

China
Asian markets pared back gains as a relief rally petered out amid rising doubts over whether China and the United States will be able to resolve trade differences. On TuesdayRead More

Brand sold to focus on core range

Edrington sells Cutty Sark to Paris-based drinks group

Ian Curle with sherry casks
Ian Curle: ‘it will thrive under new owner’ (pic: Terry Murden)   Drinks group Edrington has sold its Cutty Sark scotch whisky brand to Paris-based La Martiniquaise-Bardinet. The €1 billion-turnoverRead More

Tycoon plans new venture

Welch aims to replicate Blackcircles tyre success in US

Mike Welch
Mike Welch: simple focus (pic: Terry Murden)   Tyre tycoon Mike Welch is aiming to replicate the success he enjoyed with Blackcircles by launching Tirescanner, an online portal, in theRead More

Markets

Oil price up, sterling down – and Brown demands new Brexit vote

Gordon Brown
Gordon Brown: believes there should be a second Brexit vote   Oil prices rose after Saudi Arabia said it would cut output by 500,000 barrels a day and by twiceRead More

US mid-term elections

Market bounce likely to follow Democrats’ rebuke to Trump

Markets are expected to rally after US voters delivered a message of disapproval to President Donald Trump and put the Democrats in control of the House of Representatives. Forecasters saidRead More

Fund's support for Musk

Baillie Gifford ‘prepared to raise investment’ in Tesla

Tesla
Scottish fund manager Baillie Gifford would be willing to invest more in electric car company Tesla, believing its founder has a vision worth backing. Baillie Gifford is the second largestRead More

US company swoops for Scots star

Cyber firm ZoneFox acquired by Nasdaq-listed Fortinet

Jamie Graves
Jamie Graves: ‘shared vision’ (pic: Terry Murden)   Cybersecurity firm ZoneFox has been acquired by Nasdaq-listed Fortinet in a deal which is expected to yield a significant return for investorsRead More

Assembly site yet to be decided

Alexander Dennis ‘reviewing options’ to build 200 Berlin buses

Alexander Dennis Enviro500 bus Berlin
The new bus has been trialled in Berlin   Bus manufacturer Alexander Dennis has secured an initial deal worth an estimated €100 million to build a fleet of eco-friendly doubleRead More

Key comms role for ex-MP

Facebook hires Clegg as head of global affairs

Nick Clegg
Clegg: ‘relished difficult issues’   Facebook has hired former deputy Prime Minister Sir Nick Clegg in a key communications role to deal with continuing issues over privacy, fake news and electionRead More