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China files WTO challenge to Trump’s tariff hike proposal

China files WTO challenge to Trump’s tariff hike proposal

China has filed a World Trade Organisation challenge to US President Donald Trump’s proposal for a tariff hike on 200 billion US dollars worth of Chinese goods. The one-sentence Commerce Ministry statement gave no legal grounds for the challenge or other details. It is an unusually rapid move for a trade case, coming less than one week after the US […]

John Laing Infrastructure Fund’s shares soar on takeover approach

John Laing Infrastructure Fund’s shares soar on takeover approach

Shares in the John Laing Infrastructure Fund have soared after the firm said it was likely to accept a £1.45 billion takeover offer from a consortium of investors. JLIF, which invests in public infrastructure projects across Europe, has been approached by Dalmore Capital and Equitix Investment Management. The consortium would pay 142.5p per share for JLIF, and has offered to pay […]

China files WTO challenge to Trump’s US tariffs threat

China files WTO challenge to Trump’s US tariffs threat

China has filed a World Trade Organisation (WTO) challenge to US president Donald Trump’s latest tariff threat, stepping up its diplomatic efforts to counter US pressure in a spiralling technology dispute. The Trump administration has criticised the WTO as unable to deal with the problems posed by China, suggesting a challenge there might have little impact in Washington. However, it […]

French regulator launches probe into Tesco-Carrefour deal

French regulator launches probe into Tesco-Carrefour deal

The French competition watchdog has launched an investigation into the strategic tie-up between Tesco and Carrefour. The Autorite de la Concurrence said it was looking into the competitive impact of the purchasing agreement to assess its effect on the food sector, both for suppliers and consumers. Tesco and Carrefour have embarked on a partnership to jointly buy own-brand products and […]

Conte thanks players, staff and fans in gracious statement after Chelsea exit

Conte thanks players, staff and fans in gracious statement after Chelsea exit

Antonio Conte was magnanimous about his time at and made no reference to any ill-feeling in a statement issued by the League Managers’ Association following his sacking. The 48-year-old Italian was axed last Friday, 55 days after lifting the FA Cup in his final match in charge, with Maurizio Sarri appointed his successor 24 hours later. Chelsea Football Club and […]

Protesters in Helsinki for US and Russian leaders’ crunch meeting

Protesters in Helsinki for US and Russian leaders’ crunch meeting

Activists have used a summit between US president Donald Trump and Russian counterpart Vladimir Putin to hold two days of high-profile protests in the Finnish capital over a variety of grievances. One sign in Helsinki read: “Build saunas not war!” Abortion-rights activists dressed up in bulging bellies and Trump masks, while anti-fascist protesters carried signs with expletive-laden insults. Free traders, […]

In Pictures: Trump and Putin’s historic meeting in Helsinki

In Pictures: Trump and Putin’s historic meeting in Helsinki

US president Donald Trump and his Russian counterpart Vladimir Putin have met at the presidential palace in Helsinki for crunch talks. The meeting comes amid high tension between the two countries over a US probe into alleged Russian collusion during the 2016 elections which put Mr Trump in the White House. Mr Trump has said “the world wants to see […]