Monday, October 22, 2018
  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...
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...
If it's a four-fingered wafer covered in chocolate, the Kit Kat people would tell you they own that design. Spare a thought, then, for identical treats like Norway's Kvikk Lunsj - pronounced "quick lunch" - which has been around for...
A group of TSB customers are to pay hundreds of pounds more in mortgage payments after the bank’s IT debacle spread to its lending business. Since the end of April, customers have been experiencing a range of technical issues following an upgrade to...
This week sees the long-awaited opening up of the Chinese equity market to global investors. From Friday, a group of Chinese A-shares – locally-listed stocks that until now have been broadly off-limits to foreign investors – will be included...
House prices in Britain rose a bit more quickly this month after touching a seven-month low in March but they are still expected slow this year, reflecting weak economic growth and possibly higher interest rates, mortgage lender Nationwide said. House...

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