Donald Trump has called the European Union a “foe” and has threatened to “tariff the hell” out of the 28-country bloc. So where should we put the chances of the US president agreeing a trade deal with Brussels before he has to face reelection next year? In a surprising burst of cheerful optimism, Germany’s economy minister Peter Altmaier places them ...

When you’re in the business of buying and selling, timing is everything. That’s the costly lesson facing BHP Group, which is looking at options to divest its thermal coal assets according to a report by Thomas Biesheuvel of Bloomberg News that cited people familiar with the matter. Arch-rival Rio Tinto Group raised $2.7 billion selling mines in the Hunter Valley ...

The S&P 500 has breached 3,000 for the first time — but the market for initial public offerings is certainly not celebrating. The world’s biggest stock sale of the year looks likely to price at the lower end of its price range, and a big UK listing has just been pulled. Rising markets may be making issuers greedy. Buyers of ...