The Treasury is to slap Standard Chartered, the emerging markets lender, with a multimillion-pound fine for failing to prevent sanctions breaches, dealing a further blow to the FTSE-100 bank's reputation.
Turkey's military pension fund has entered into exclusive talks for the takeover of British Steel.
The boss of Cathay Pacific has resigned over "recent events" taking place in Hong Kong.
Trading resumed on the London Stock Exchange (LSE) after technical issues delayed the opening bell on Friday morning.
The crisis surrounding Neil Woodford, the former 'star' fund manager who has blocked investors from offloading their holdings in his flagship fund, has put paid to a merger between two London-listed finance companies.
The founder and chief executive of Huawei has said "the UK won't say no to us" when it comes to including Huawei in its critical infrastructure.
China has threatened "necessary countermeasures" against planned US trade tariffs, sparking renewed volatility on global stock markets.
Asda said Brexit uncertainty was hurting its customers as it reported a fall in sales for the first half of the year.
Shoppers in Britain have given retailers a surprise boost in July, helped by the strongest growth in online since May 2016.
TSB has apologised to its customers after they were unable to use its digital banking services on Thursday morning.