News Page 1

Insurance group Phoenix snaps up rival in £3.2bn deal

ReAssure will become part of Phoenix, making it the largest pensions consolidator in Europe. News
Ted Baker shareholders hope for rare positive after crisis-filled year

Shares in the UK fashion firm have slid by more than 75% since January in a year which has seen it post three profit warnings. News
New Aston Martin factory opens in Wales

Up to 600 jobs will be created at the St Athan site next year. News
China to waive import tariffs on US soybean and pork imports

Move might be a result of the swine flu that has devastated China’s indigenous pork supply

Lawrence Gash
Apple buys first carbon-free aluminium from Elysis, a Montreal-based joint venture

The aluminium to be used in Apple products will be shipped this month from an Alcoa research facility in Pittsburgh

Ramla Soni
EU decides on green investment rules

First attempt to define sustainable investment News

Uber reveals 6,000 sexual assault incidents over two years in the US

Ride-hailing company had thousands of assaults in two years News
Hopes of German industrial recovery dashed by latest data

October industrial orders fall 0.4 per cent on previous month

Lawrence Gash
Metro Bank boss to stand down after torrid year

Craig Donaldson leaves after a decade in the role. News
Consumers ‘in the dark’ about how credit reports are compiled and used

Nearly eight in 10 people wrongly believe a credit blacklist exists which means people can be banned from borrowing, Which? said. News
Dunelm to beat profit forecasts after ‘strong’ online and store sales

The retailer added that its move to a new digital platform had not impacted its sales performance. News
Brexit and General Election ‘weighing down on housing market confidence’

Raising a deposit is seen as the biggest barrier to getting on the property ladder, the Building Societies Association said. News
Huawei prepares for new US court battle

Company to dispute ban prohibiting American carriers from using federal subsidies to purchase Huawei equipment News
Amazon’s cloud computing business faces further antitrust scrutiny

US Federal Trade Commission now investigating tech giant’s cloud-computing and retail business News
Gold price: is $1,500 the ceiling?

Gold has had a fantastic run over the last 12 months, surging from $1,236.15 an ounce a year ago to $1,475.85. But it is meeting resistance at $1,500, raising questions as to whether its momentum is flagging.

Dan Atkinson
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Economic calendar
Today, 9 December, 2019
00:00 JPY
High Gross Domestic Product (QoQ) 0.001 0.001
00:00 JPY
High Current Account n.s.a. ¥1612.90B ¥1452.5B
00:00 CAD
High Building Permits MoM -0.065 -0.02
10 December, 2019
00:00 AUD
High RBA's Governor Lowe speech
00:00 CNY
High Consumer Price Index YoY 0.038 0.034
00:00 EUR
High ZEW Survey - Economic Sentiment -2.1 0.5
11 December, 2019
00:00 USD
United States
High Consumer Price Index ex Food & Energy YoY 0.023
00:00 USD
United States
High Consumer Price Index ex Food & Energy MoM 0.002 0.002
00:00 USD
United States
High EIA Crude Oil Stocks Change -4.86M
00:00 USD
United States
High FOMC Economic Projections
00:00 USD
United States
High Fed's Monetary Policy Statement
00:00 USD
United States
High Fed Interest Rate Decision 0.0175
00:00 USD
United States
High FOMC Press Conference