Bloomberg President Donald Trump set the stage for a trade war after slapping tariffs on steel and aluminum imports, daring other countries to retaliate and leading the European Union to warn that it would target iconic American brands. Hours after Trump tweeted that “trade wars are good, and easy to win,” European Commission President Jean-Claude Juncker said the bloc is ...

Bloomberg Mothercare Plc has started talks with its lenders seeking a reprieve on debt terms amid challenging market conditions that have left it needing to borrow more. The UK-based childrenswear retailer will need to draw on existing debt facilities up to their limits while it seeks new financing in the next financial year, it said in a statement. HSBC Holdings ...

Bloomberg UK Prime Minister Theresa May’s vision for post-Brexit Britain would see some industries stay aligned with EU rules—with others breaking free entirely. Her plan could change how banks operate as well as raise costs for holidaymakers using their smartphones. Below are some key takeaways from her speech in central London. Financial Services UK-based banks and other financial services companies will ...