Beijing will halve tariffs on 1,717 American products next week as it scales back the trade war with Washington and shores up the world’s second largest economy.
Royal Mail (RMG) expects to have a tough year after letters volumes fell short of expectations and the threat of strikes over Christmas hit parcel revenues as people switched to other carriers.
A rally in bond and equity markets has boosted investment returns at the Lloyd’s of London insurer Beazley (BEZ) and offset the absence of any profit from its underwriting business last year.
Twitter has increased its user base by a fifth over the past year, lifting its quarterly revenues above $1 billion for the first time.
The new chairwoman of the John Lewis Partnership has warned that the retail group faces more shop closures and job losses but stressed that it would “double down” on its ethical business model under her leadership.
