The U.S. government on Wednesday said it would maintain 15% tariffs on Airbus aircraft and 25% tariffs on other European goods, despite moves by the European Union to resolve a 16-year-old dispute over aircraft subsidies.
A huge day for earnings Thursday saw bleak numbers for European corporate titans including Renault, Volkswagen and Airbus. But drugmaker AstraZeneca sounded a more positive note. Julian Satterthwaite reports.
Cabinet Office Minister Michael Gove has updated MPs on the "reasonable worst-case scenario" planning by the Government as the UK approaches the end of the Brexit transition period on 31st December. Mr Gove said the Government is "committed" to negotiating a new free trade agreement with the EU before the end of the year but insisted "things will change" for businesses and individuals as they trade with and travel to the EU, whatever the outcome of the talks. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn