International Economic
London close: Stocks drop amid global growth worries, Brexit exhaustion
London stocks finished lower on Friday, albeit off their worst levels of the session, following the release of weak Chinese data and after Theresa May returned home from her EU charm offensive empty-handed.
US November industrial output comes in slightly below forecasts
US industrial production rose last month at its fastest clip since August and economists believed stronger readings lay ahead.
US retail sales volumes 'strong' in November
US retail sales volumes rose as forecast last month, alongside upwards revisions to prior months' data, resulting in a "strong" report overall, according to analysts, despite the drag from lower gasoline prices.
China confirms it will suspend 25% tariff on US cars
China confirmed on Friday that it will suspend the additional 25% tariffs on US imported cars as of 1 January in the latest move to reduce trade tensions between the countries.