Bloomberg Ford Motor Co. is canceling plans to import a new crossover model from a plant in China after President Donald Trump’s tariffs undermined the business case for bringing the vehicle to the US market. Trump’s move to slap China-built autos with an additional 25 percent levy in July undermined the profitability of the Focus Active that Ford planned to ...

Bloomberg The opening of the Elizabeth Line, the 15 billion-pound ($19.5 billion) London railway that will connect Heathrow Airport to Canary Wharf, has been delayed by at least nine months to allow for more safety testing. The start date for the initial phase of service, previously set for December, has been moved to autumn 2019, the line’s builder said. Construction ...

Bloomberg The breadth of wealth inequality in the UK was laid bare in new analysis published on Saturday. While the divide is most pronounced in London, where richer households are now 24 times wealthier than poorer ones, other regions have experienced a similar trend since the global financial crisis, according to the Resolution Foundation. The value of household assets such ...