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Aviva has upped upped its long-term cash flow, earnings and dividend targets and says it has £3bn of excess cash that will be used to pay down £0. 9bn debt next year, as well as making bolt-on acquisitions and funding shareholder returns.
The White House has formally rejected China's call to be considered a "market economy" under global trading rules, heightening tensions between two of the world's largest economies.
Crude oil futures are holding near their session highs after the Organisation of Petroleum Exporting Countries signaled they want to extend the group's current output curbs until the end of 2018.
