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Aerospace industry seeks Brexit reassurance

There is growing concern among key aerospace manufacturers about regulatory alignment and the ability to bring products to market after Brexit. The firms have sought reassurance that the UK would continue to be a member of the European Aviation Safety Agency after any Brexit deal. They also warned that alignment …

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US sanctions Turkish ministries

The US has imposed sanctions on Turkish ministries and senior government officials in response to the country’s military offensive in northern Syria. President Donald Trump also phoned his Turkish counterpart Recep Tayyip Erdogan to demand an immediate truce, Vice-President Mike Pence said. Mr Pence said he would travel to the …

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Asia stocks drop as slowdown fears rattle investors

Asia markets joined a global sell-off as fresh worries about trade and the world economy rattled investors. Japan’s Nikkei 225 index closed down 2% and Australia’s ASX 200 lost 2.2%. It followed sharp falls in US and European markets on Wednesday, with the UK’s FTSE 100 index sinking 3.2%. The falls …

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US set to impose tariffs on $7.5bn of EU exports in Airbus row

The US has been given the go-ahead to impose tariffs on $7.5bn (£6.1bn) of goods it imports from the EU. It is the latest chapter in a 15-year battle between the US and the EU over illegal subsidies for planemakers Airbus and rival Boeing. The World Trade Organization (WTO) ruling …

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Kenya debt passes Sh5.9 trillion mark

Kenya’s total public debt load edged closer to the Sh6 trillion mark in the first week of this month even as it emerged that 44 new foreign loan agreements have recently been put before Parliament for approval, or are under negotiation. Total domestic debt is at Sh2.836 trillion while the …

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Trump says US and China to resume trade talks

President Donald Trump has said the US and China will “very shortly” resume trade talks after a weekend of escalating tension with Beijing. “China called last night… said let’s get back to the table. So we’ll be getting back to the table,” he said. On Friday Mr Trump sharply hiked …

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