Mon. Jan 25th, 2021

UK banknote maker De La Rue fears for its future – business live

Rolling coverage of the latest economic and financial news, as De La Rue warns of ‘material uncertainty’ about whether it can continue as a going concern


12.43pm GMT

Just in: German carmaker Audi is announcing a new restructuring plan that will save €6bn by 2029, but also cut over 9,000 jobs over the next six years.

#BREAKING Audi to slash 9,500 jobs in Germany by 2025: statement

12.13pm GMT

There are fresh signs today that Beijing and Washington are making small steps towards a Phase One trade deal.

Top Chinese and U.S. trade negotiators have agreed to talks on a preliminary deal for resolving the tariff war between the worlds two largest economies, the Chinese Commerce Ministry said Tuesday.

In a brief notice, the ministry said that Vice Premier Liu He and other senior officials spoke by phone with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.

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