22 October – 26 October

22 October

The White House’s top economic adviser has accused Beijing of doing “nothing” to defuse trade tensions ahead of a likely meeting between Donald Trump and Xi Jinping at the G20 in Argentina next month, damping expectations of a truce in the economic warfare between the US and China.

Hasbro has blamed the bankruptcy of long-term customer Toys ‘R’ Us and the strong dollar for a sharp drop in sales and profits for the third quarter — news that sent its shares down 8.5 per cent in pre-market trading.

Italian bank shares rebounded strongly on Monday after four-straight weeks of declines knocked the sector to its lowest close since early last year.

Chinese stocks had their biggest one-day gain in almost three years on Monday, staging a dramatic rebound after Beijing made a concerted move last week to reassure investors and buoy markets following a steep sell-off.

23 October

Dyson is to build the first of its electric cars in Singapore, choosing the country over the UK and China to manufacture the product that the engineering brand hopes will come to define its business.

Transact, one of the UK’s largest online platforms used by financial advisers, warned of an “increasingly challenging market environment” and lower inflows over the last quarter of the year, echoing comments from DIY platform Hargreaves Lansdown.

Bloomsbury Publishing reported increased first-half profits and revenues on the back of strong sales from the fantasy author Sarah J Maas and the Harry Potter series, which last year celebrated its 20th anniversary.

Turkey’s lira tumbled by the most since the peak of the currency crisis earlier this summer after an apparent rift between President Recep Tayyip Erdogan’s Justice and Development party and one of its key allies raised the spectre of domestic political turbulence.

24 October

US industrial companies unnerved investors on Tuesday with reports of rising prices and costs for products ranging from earthmoving equipment to Post-it Notes, raising concerns about tariffs squeezing profits and adding to pressure on global inflation.

Saudi Arabia agreed to give support worth at least $6bn to Pakistan to help the south Asian country avert a balance of payments crisis, in a move that highlights Riyadh’s financial clout even as it struggles to emerge from a diplomatic imbroglio.

Lyft, the US ride-hailing company, has bought UK technology start-up Blue Vision Labs to boost its efforts in developing self-driving vehicles.

US stock markets are poised to continue their fall on Wednesday despite other parts of the world seeing modest rebounds.

25 October

Swiss engineering group ABB said a 9 per cent rise in third quarter orders showed its plans to revive sales expansion were on track, despite investor scepticism about global headwinds hitting the industrial sector.

Hyundai Motor has undershot market estimates for third-quarter earnings by a large margin as it struggles to revive sales in its main overseas markets, including the US and China.

The euro and the pound made tentative moves higher in morning dealings on Thursday as currency traders shifted their focus to the European Central Bank meeting.

The euro and the pound made tentative moves higher in morning dealings on Thursday as currency traders shifted their focus to the European Central Bank meeting.

26 October

To US farmers whose soyabean sales have slumped amid a trade war with China, an unlikely country is lending a hand: Iran.

Amazon and Google’s cooling growth knocked up to $100bn off the technology companies’ market capitalisation in after-hours trading on Thursday, as investors feared their strong runs on revenue could be wavering.

A strong dollar and sluggish sales growth drove a sharp drop in quarterly profits at Colgate-Palmolive and the world’s biggest toothpaste maker warned the sales pressure has carried through to the current quarter.

A widely watched measure of inflation expectations fell to its January lows on Thursday, as doubts about the strength of long-term growth in the US have emerged and oil prices have slumped.