Funding & Business
Oil Steadies With US Trade Tariff Outlook, Stockpiles in Focus
Oil steadied after a string of losses, with investors looking to US trade talk progress and low inventory levels.
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Mexico’s plan to levy tariffs of up to 50% on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower production costs mean their cars are still competitive.
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John Lewis Partnership Plc’s losses widened after the retailer was hit by tens of millions of pounds of costs linked to the UK’s new packaging rules and higher employment tax.
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China is preparing to tackle the significant backlog of unpaid bills owed by local governments to the private sector, according to people familiar with the matter, an amount of arrears some have estimated at over $1 trillion.
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Tools & Platforms4 weeks ago
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