China open to `partial trade deal` with US, as tensions rise - business live
(The Guardian Business News)

Rolling coverage of the latest economic and financial news, as hopes of a trade war breakthrough this week grip marketsLatest: China open to `partial deal´, when talks resume tomorrowBank of England: trade war is hurting global growthIntroduction: trade talks resume, but relations look weakUS blacklists companies over Xinjiang abusesChina: US must stop `irresponsible remarks` 1.50pm BST Four years ago, the thought of paying to lend money to Greece was laughable.But today, Athens has successfully sold EUR487.5m of three-month bonds at an average yield of just below zero (-0.02%).It means that investors are willing to lend the state $100 in exchange of a promise to get $99 back later. Why? Because they predict that $99 later will buy more stuff than $100 does now. Ergo, they are predicting deflation/deep recession. Only fools celebrate... https://t.co/Jt62ralGrX 1.17pm BST Another struggling UK retailer has fallen into administration.Today´s victim is Links of London, the high street jewellery chain which employs around 350 people across the UK. It´s been trying to find a buyer for months, with Sports Direct chief Mike Ashley (who else?) apparently showing an interest.Links of London - the luxury jeweller worn by Duchess of Cambridge in her engagement pix - has gone into administration. Move puts 28 stores 350 jobs at risk. pic.twitter.com/Nf67snHLOILinks of London gone into administration. Deloitte appointed. Business will continue to trade while a buyer is sought. Solvent sale attempted but no can do Continue reading...