Lloyds to take extra £800mn charge over car finance mis-selling
UK lender’s move follows ruling from Financial Conduct Authority
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Billionaire hedge fund manager stops US donations
Plus, Goldman Sachs on private assets, ex-US funds soar, and Suzanne Treister at Modern Art Oxford
Asian markets slide and gold soars as US-China trade tensions rise
Donald Trump strikes more conciliatory tone after threatening Beijing with 100% tariffs
Mining billionaire warns over ‘breakdown in international order’
Ivanhoe founder Robert Friedland says trade and political disputes will have far-reaching consequences for supply chains
S&P warns on US insurers’ growing bet on private credit
Rating agency says surging market’s opacity and illiquidity could pose risks to the industry