Saturday, November 17, 2018
Good morning. Here’s what we are watching ahead of the market open in Europe: Fri-yay! European earnings take a breather on Friday, with just four constituents of the Stoxx Europe 600 Index due to give updates. In fact, next week is...
 Tesla INC. chose Robyn Denholm to succeed Elon Musk as board chair, selecting an independent director to contend with the carmaker’s mercurial chief executive officer following his run-ins with regulators and investors. Denholm, 55 -- one of two women on...
China has promised to further cut import tariffs and open its economy as it tries to address criticisms that its trade practices are "unfair". In a speech at a Shanghai trade expo, President Xi Jinping also made a robust defence...
  Aston Martin shares tumbled on their trading debut as investors balked at a sale price that put the U.K. carmaker on a par with larger and more profitable Italian competitor Ferrari NV. The stock fell as much as 6.6...
Including bonuses, the average salary in New York City's securities industry jumped by 13% to $422,500 in 2017, according to a report  from New York State Comptroller Thomas DiNapoli. That's the highest figure since 2008 and the third-highest on record, once...

New tariffs

The US is imposing new tariffs on $200bn (£150bn) worth of Chinese goods as it escalates its trade war with Beijing. These will apply to almost 6,000 items, marking the biggest round of US tariffs so far. Handbags, rice and textiles...

Employed by China

Zhang Huarong points out of his office window to a bleak block of grey portacabins at the Huajian International Shoe City, in Addis Ababa. “That is what I lived in for six months when I came to Africa,” he...

UK advises “no-deal”

The UK government will begin advising people, businesses, and other groups about how to plan for the possibility of leaving the EU without a deal. Ministers say publication of the first batch of documents will tackle what they call "hair-raising...

First Ikea in India

Swedish furniture giant Ikea has opened its first store in India in the southern city of Hyderabad. With a growing middle class, India could be a big opportunity for the company, but it is also a market with many quirks. Ikea's...
The Bank of England is poised to lift interest rates from their financial crisis lows for the first time in almost a decade. The Bank's monetary policy committee is widely expected to increase the cost of borrowing from 0.5% to...

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