High-end parka maker Canada Goose warned that earlier winter shipments to retailers will drag on sales in the holiday quarter, pulling shares more than 13 per cent lower.

Assets in the German fund industry jumped 13 per cent to a record, nearly doubling the tally over the past decade, propelled by gains in global equities and new investor money coming into the sector.

De Beers has surprised analysts by selling more diamonds than expected at its latest sale.

A company controlled by the billionaire Barclay brothers will inject an additional £75m of equity into Shop Direct, helping to resolve a cash crunch triggered by a spike in claims for payment protection insurance.

Consumer inflation in the US rose in October at a quicker pace than forecast, boosted by higher prices for fuel, utilities and medical care.

A Chinese-backed joint venture has secured the rights to develop Simandou, one of the world’s biggest untapped deposits of steelmaking ingredient iron ore.

Shares in Tullow Oil plunged to a two-year low on Wednesday after the London-listed explorer warned that two significant discoveries in waters off Guyana contained heavy oil, prompting warnings that the projects would be difficult to commercialise.

European markets fell in morning trading after comments from President Donald Trump knocked previous optimism that the global trade picture was improving.

Eurozone factory output beat expectations in September thanks to a solid performance from domestic-oriented consumer goods, while export-dependent capital goods continued to suffer.

JD Wetherspoon founder Tim Martin has launched an attack on two of his pub chain’s biggest shareholders, accusing them of hypocrisy on corporate governance.

Unilever has replaced Marijn Dekkers as chairman, ending a tenure marked by controversy over a failed attempt to revamp the Anglo-Dutch company’s structure and move its headquarters to Rotterdam.

Falling energy prices pushed down UK inflation to its lowest level in three years in October, prompting fresh speculation about whether the Bank of England will cut interest rates in a subdued economy.

Transport and logistics group Eddie Stobart said on Wednesday that DouglasBay, a private equity investor and a former large shareholder, had submitted a proposal to take a majority stake in the logistics group.

Turmoil on the UK high street has cut almost £600m from the value of British Land’s retail property portfolio in six months.

SSE has booked a £489.1m exceptional charge against its household energy supply business in Britain, which it is in the process of selling to rival Ovo, as the unit continued to lose customers in the first half of its financial year.

Tesla chief Elon Musk announced on Tuesday that the electric-vehicle pioneer would bring its first European production site to the heart of Germany, by building its first plant in Berlin.

The Nasdaq climbed to a record high as investors kept watch for signs of progress in US-China trade talks and awaited congressional testimony from Jay Powell.

Richard Plepler, the former chief executive of HBO, is in talks to produce content for Apple, according to two people familiar with the matter, which would see the tech group snag one of the most high profile Hollywood names for its new television service.

Chile’s peso plummeted to a record low on Tuesday, as mass protests against the government intensified and the prospects of any resolution to the worst civil unrest in decades dimmed.

The US’s largest homebuilder, DR Horton, hammered earnings forecasts and projected stronger 2020 sales than anticipated, amid lower borrowing costs that have lifted demand.

Sberbank, Russia’s largest lender, said Tuesday that longtime chief financial officer Alexander Morozov would step down next year after more than a decade.

Pallinghurst Group, the investment group chaired by former BHP boss Brian Gilbertson, have announced plans to invest up to $2bn in mining projects for battery materials, including copper and nickel.

Moldova’s fragile coalition government collapsed on Tuesday after a dispute between its members over how to appoint the eastern European nation’s top prosecutor.

Investor sentiment about the German economy has rebounded sharply, reflecting hopes that the US and China are defusing their trade war and the UK is nearing a Brexit deal.