UAE’s Sidara bids £242mn for Wood Group after offering £1.5bn last year
Offer underlines scale of fall in UK-listed group’s value as accounting and governance issues mount
lates news
Read More
‘The sky won’t fall’: China plays down Trump tariff risks
Chinese customs official says country has diversified trade away from US in recent years
China has played down the risk of damage to its exports from Donald Trump’s tariffs, with an official saying the “the sky won’t fall”, as stock markets rose on Monday amid signs of a retreat on electronics restrictions.
The world’s second-largest economy has diversified its trade away from the US in recent years, according to Lyu Daliang, a customs administration spokesperson, in comments reported by state-owned agency Xinhua.
Global stocks lifted by US reprieve for Trump’s tech tariffs
President suggests need for ‘flexibility’ but insists smartphone carve-out is temporary
Top pension funds cool on US
Plus, Treasury market turmoil, gold surges, and David Hockney at Paris’s Fondation Vuitton
Corporate whistleblowing in the UK needs a shake-up
For larger companies in particular, having a proper system for disclosures is a strategic necessity