Political News
Nissan to drop UK production of Qashqai in no-deal Brexit scenario
Nissan is reportedly planning to cut production of its Qashqai model at its Sunderland plant if the UK crashes out of the European Union.
Berenberg slashes target price on Sirius Minerals as funding woes continue
Analysts at Berenberg slashed their price target on fertilizer development company Sirius Minerals from 17p all the way down to 4p on Tuesday, citing increased uncertainties regarding the firm's finances.
WTO cuts forecasts for global trade as tensions mount
The World Trade Organization has lowered its growth forecasts for global trade, blaming the slowing economy and ongoing tensions between the US and China.
Xi Jinping vows 'no force can stop' Chinese nation
Chinese President Xi Jinping said on Tuesday in a speech commemorating the 70th anniversary of the Chinese Communist Party’s rule that no force can stop the Chinese people and the nation from developing.
US-EU tariffs could cause 'snowball effect' and lead to greater unceirtainty
Trade tariffs between the EU and the US could trigger a “snowball effect” that would soon take the world into “very precarious waters”, said the head of the UN agency for workers and employers.
Harland and Wolff shipyard rescued by London-based firm
The Harland and Wolff shipyard in Belfast has been rescued by London-based energy firm InfraStrata after it went into administration in August.
Credit Suisse COO quits over spying scandal
Credit Suisse’s chief operating officer has resigned after it emerged he was behind the spying scandal that has rocked the Swiss banking sector.
Ireland dismisses UK Brexit border check plan as 'non-starter'
A UK government proposal to set up customs checkpoints 10 miles either side of the Northern Ireland border, was rejected out of hand as a non-starter by Irish politicians on Tuesday.
Brexit preparations help prop up ailing UK manufacturing sector
The UK manufacturing sector rallied slightly in September as Brexit preparations once again got underway, although the underlying outlook remained resolutely downbeat.