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The Daily Roundup

October 19th, 2026 | Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news…

The fallout from Trump's Russia energy moves

President Trump's moves to avoid new penalties on Russian energy sent shockwaves through Washington, sparking diplomatic tensions and political turmoil. Why it matters: Trump's push to lower energy prices ahead of the midterms could provide Russia an economic lifeline and is exposing divisions within his own party.

City of London urged against business rates hikes to cover £70m shortfall

The City of London Corporation has been warned that hiking business rates to cover its £70m budget shortfall would undermine the Square Mile’s global “competitiveness”. The local authority is weighing up whether to increase the business rates multiplier it charges businesses in the Square Mile, but a member of its finance committee has…

Goldman Sachs to host Badenoch for City charm offensive

Kemi Badenoch will step up her business charm offensive after the Budget with a roundtable hosted by Wall Street giant Goldman Sachs, City AM can reveal. The Tory leader will co-host a lunch for founders, investors and chief executives from across the UK alongside Goldman Sachs International’s chief executive, Anthony Gutman, City AM…

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