GLOBAL MARKETS: Virgin airline could face strike

The airline has refused to negotiate with the Professional Pilots Union in a deal over benefits

ArcelorMittal to sell assets

The world’s largest steel producer will sell its steelmaking facilities in the Czech Republic, Romania, Macedonia and Italy to Liberty House

GLOBAL MARKETS: Metal tariffs cost Ford $1bn

Steel and aluminium tariffs imposed by the Trump administration have cost Ford Motor Company about $1bn in profits

GLOBAL MARKETS: Nestlé to shed skin health

Nestlé has put its skin health unit up for sale, as the maker of Nescafé ditches underperforming businesses

GLOBAL MARKETS: Beetle’s finish line

The end of the Beetle comes at a turning point for Volkswagen

GLOBAL MARKETS: Another Brexit blow as Panasonic leaves London

Panasonic is to move its European headquarters from London to Amsterdam in October to avoid potential tax issues linked to Brexit

CHECKOUT COUNTER: Aston Martin plans to list in London

James Bond’s carmaker of choice has unveiled plans for a stock-market listing in London

GLOBAL MARKETS: Tough trade talk

China will keep hitting back at Washington as more US trade tariffs are imposed

GLOBAL MARKETS: Royal Bank of Scotland settles crisis-era claim

Royal Bank of Scotland will pay $4.9bn to settle US claims that it misled investors on residential mortgage-backed securities

GLOBAL MARKETS: Jet Airways under pressure

Jet Airways India was once at the forefront of India’s rapidly growing market for air travel

GLOBAL MARKETS: Emerging-market assets on the up?

Emerging-market assets may have bottomed in June and the July rally is likely the start of a more sustained rebound

GLOBAL MARKETS: Microsoft hits a high

Microsoft posted quarterly profit and revenue that beat analysts’ estimates

GLOBAL MARKETS: Michelin to snap up Camso for $1.45bn

Michelin says it aims to unlock up to $55m in synergies from the takeover by 2021

GLOBAL MARKETS: Samsung dials down

South Korean tech giant estimates that earnings grew at the slowest pace in more than a year in the second quarter

GLOBAL MARKETS: Deutsche Bank fails Fed test

Deutsche Bank’s US subsidiary fails the second part of Federal Reserve’s annual stress test

GLOBAL MARKETS: Tencent bides time

Speculation has grown that the company will expand internationally, following a string of investments and English-language content partnerships abroad