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Truss facing whisky tariff demand; WeWork bailout

Macallan single malt whisky
Single malts were hit by tariff hike Government ministers are under pressure to put negotiations on a new UK-US trade deal on hold until the White House drops a sharpRead More

Asset manager floats

M&G shares steady on debut amid market volatility over Brexit

John Foley: expects volatility (pic: Terry Murden) CLOSE: Shares in M&G closed slightly down on their debut on the London Stock Exchange today amid uncertainty over the Brexit deal. FollowingRead More

City briefs

Stobart confirms Wincanton interest; China slows

Eddie Stobart
Stobart may merge Haulage group Eddie Stobart Logistics has confirmed that it has granted Wincanton access to its books to assess the potential merits of a merger. Stobart’s board saidRead More

Tariff hike suspended

US and China ready to sign first phase of trade deal

Donald Trump
Donald Trump: ‘It’s going to be great for China and great for the USA.’ A proposed US tariff hike on $250 billion (£197bn) of Chinese imports, due to be imposedRead More

Markets

Sterling and equities rise on Brexit breakthrough hopes

City of London
Markets have been reaching new heights (pic: Terry Murden) Sterling and equities received a long-awaited boost today from hopes of a breakthrough in the Brexit talks. The FTSE 100 closedRead More

City round-up

Hong Kong pulls LSE bid; Pizza Express faces debt crisis

London Stock Exchange
The LSE rejected the offer The Hong Kong Stock Exchange has dropped its £32 billion takeover bid for the London Stock Exchange Group. The LSE rejected the offer and aRead More

Markets

Hong Kong offer for LSE; ECB rates; Morrisons sales fall

London Stock Exchange
Shares in the Hong Kong stock exchange fell more than 3% as investors cast doubt on the merits of its $39 billion (£32bn) takeover approach to London Stock Exchange. TheRead More

Markets

Markets rise as US and China agree to high-level trade talks

China
Talks aim to end trade dispute China and the United States agreed to hold high-level trade talks in Washington next month as hopes rose of an end to the escalatingRead More

Markets

Hong Kong bill ‘dropped’; M&S relegated; Barratt; Quiz

Hong Kong has been torn apart by riots Hong Kong’s stock index jumped on Wednesday after the government formally withdrew the extradition bill that first led to months of protests.Read More

City round-up

Troubled Goals puts itself up for sale amid financial probe

Goals
For sale: football company seeking a buyer Troubled five-a-side football pitch operator, Goals Soccer Centres, which is part owned by retail tycoon Mike Ashley and is probing allegations over financialRead More