Tag Archives: CRAIG ERLAM

27Sep/17

Bombardier loses battle with Boeing

The U.S. Commerce Department has slapped preliminary anti-subsidy duties on Bombardier’s CSeries jets after rival Boeing accused Canada of unfairly subsidizing the aircraft. As Laura Frykberg reports, the move is likely to strain trade relations between the neighbours and cause problems in Britain where Bombardier’s Northern Ireland factory employs thousands. Continue reading

12Jan/17

Dollar tumbles, bonds win as Trump trade fizzles

The U.S. dollar has nursed widespread losses after President-elect Donald Trump’s long-awaited news briefing provided little clarity on future fiscal policies, disappointing bulls who had bet on major stimulus. But, as Sonia Legg reports, Trump did not mention possible tariffs against Chinese exports – a relief for Asian share markets that have feared the outbreak of a global trade war. Continue reading

05Oct/16

Sterling hits new low on ‘hard’ Brexit fears

Britain’s pound has fallen again on fears over a so-called “hard” Brexit, dropping below $1.27 for the first time since June 1985. And the UK’s key services sector PMI has also fallen slightly, with financial services in particular bracing for fallout. Hayley Platt reports.
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