Economic News
Trump to visit UK for NATO meeting in December
US President Donald Trump will travel to the UK in December to attend a NATO meeting, the White House said in a statement on Friday.
Fifteen countries outside the EU ask for Brexit trade compensation
Fifteen countries including Australia, the US, India and New Zealand have asked for trade compensation from the UK and the EU over the economic hit caused by Brexit.
European Investment Bank to cut funding for fossil fuels
The European Investment Bank has agreed to phase out funding for fossil fuels by 2021 and become the world’s first “climate bank”, it announced on Friday.
BT shares slip amid Labour nationalisation plans
Shares of BT Group dropped on Friday after the Labour Party pledged to partially nationalise the company as part of plans to provide all homes and businesses with free full-fibre broadband by 2030.
Amazon to appeal Pentagon decision to award Microsoft $10bn contract
Amazon will appeal the Trump administration’s decision to grant a $10. 0bn defence contract for the Pentagon to rival Microsoft and has accused the government of showing “unmistakable bias”.
US pre-open: Stocks set for slight gains ahead of barrage of economic data
Stocks on Wall Street are being called to start the Friday session with small gains following upbeat remarks from a top White House official.
US-China trade talks near successful conclusion, White House's Kudlow says
Trade talks between Washington and Beijing are nearing a successful conclusion and are now ongoing on a daily basis, the White House's top economic official said.