Bloomberg Marks & Spencer (M&S) Group warned that sales will suffer from the UK’s new lockdown and as Brexit complicates doing business in countries such as Ireland. Fiscal third quarter like-for-like sales fell by 7.6%, as weaker clothing and homewares revenue offset a stronger performance in food. The company said products exported to countries such as Ireland are facing red ...

Bloomberg The Trump administration’s final days are proving as confounding as ever for companies and investors stuck in the middle of an increasingly contentious US-China relationship. After a week of widespread confusion over the scope of a US ban on investments in businesses linked to China’s military, both Washington and Beijing took steps over the weekend that threaten to further ...

Bloomberg The US has classified Yemen’s Houthis as a foreign terrorist organisation following a series of attacks on oil tankers in the Red Sea and as Washington seeks to increase pressure on Iran in the final days of Donald Trump’s presidency. The move will give the US “additional tools” with which to counter security threats in the Persian Gulf, according ...