US shares set to drop after Trump tests positive

US stock markets have indicated that shares will open sharply lower after Donald Trump said he had tested positive for coronavirus. Stock market futures showed that all three of America’s main indexes – the Dow Jones, the S&P 500 and

What does palm oil have to do with Kashmir?

Malaysia’s palm oil industry has become an unexpected casualty of a row with India over disputed Kashmir. Ties have been frosty since late September when Malaysian Prime Minister Mahathir Mohamad said India had “invaded and occupied” the Himalayan territory. Delhi

‘We have next to no income. There is no help for us’

Chancellor Rishi Sunak admitted last week that his latest coronavirus economic support package won’t save all jobs. But as employers and employees digest the latest plans it’s clear many of them feel viable firms are being hung out to dry

M&S to cut 7,000 jobs over next three months

Marks & Spencer is cutting 7,000 jobs over the next three months across its stores and management. It said the coronavirus pandemic had made it clear there had been a “material shift in trade”. In-store sales of clothing and home

Holiday firms told to sharpen up on refunds

More than 100 holiday companies have been told to speed up their refunds policy for coronavirus cancellations. The Competition and Markets Authority (CMA) has received more than 17,500 complaints from people whose holidays have been hit by the virus. In