Redwheel is set to liquidate its China Equity Ucits strategy on the 30 September, according to a shareholder notice seen by Citywire.

The Times: Business secretary Jonathan Reynolds has said there will be no bailout for Jaguar Land Rover as the UK’s largest car manufacturer prepares to cut 4,000 jobs. Financial Times: Luxury ...

Financial Times: Chevron and Italy’s Eni have led a return to Venezuela’s’ hydrocarbon industry, signing deals in a boost for the US President Donald Trump as he seeks to progress ahead of midterm ...

The Daily Telegraph: Donald Trump’s White House has accused Labour of censorship over its plans to promote ‘trusted’ news online; the US embassy in London said proposals to force tech giants to ...

Georgeson becomes the latest in a string of senior departures at the £212bn asset management division in recent years.

The Guardian: MapQuest, a pioneering online mapping app that defied Donald Trump by refusing to rename Lake Ontario, has become the most in-demand navigation tool in the US; it leapfrogged rivals ...

The Daily Telegraph: An auction of Very Group, the retail empire formerly owned by the Barclay family, is set to be shelved after bidders failed to meet the £2bn asking price; the online retailer was ...

The Guardian: Scott Bessent’s attempt to calm the bond markets and push down America’s cost of borrowing have attracted a rebuke from the US Treasury secretary’s former mentor, Stanley Druckenmiller, ...

The Times: Market traders now rate the chances of a US interest rate rise next month at more than 50% after the head of the Federal Reserve warned of a ‘concerning’ inflation outlook and promised to ...

The Times: The cost of paying for newly sold UK government debt has risen to its highest level in nearly three decades, underscoring the tough fiscal backdrop as prime minister Andy Burnham and ...

John Healey is considering a windfall tax on banks and oil companies in his first Budget as Treasury officials try to find ...

The FCA has fined and banned a former adviser within Quilter’s network for giving pension transfer advice without the right qualifications or permissions. The regulator has fined Daniel Thomas ...