Global stocks rally on US-China trade optimism; Greencore-Bakkavor food giant deal faces UK competition concerns – business live

Trump says US and China set to ‘come away with’ a trade dealGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Asian stocks are rallying, after Donald Trump said the US and China are set to “come away with” a trade deal.I’ve got a lot of respect for president Xi and I think we’re going to come away with a deal. We have China coming and its going to be very interesting.I think we’re going to have a deal with China. We’re going to meet them later in China and we’re going to meet them in the US, either Washington or Mar-a-Lago.We are now working with the CMA and Bakkavor for the benefit of all our stakeholders to complete the Bakkavor transaction early next year.9am GMT: Germany business climate for October11am GMT: UK CBI Distributive Trades for October Continue reading...

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Magners maker C&C says challenging conditions set to ‘persist’

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