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UK says US decision to impose anti-subsidy duties on Bombardier's C Series jets is disappointing

BBC out with the latest headlines, citing the UK Government was extremely disappointed with the US Department of Commerce after it announced a ruling against Bombardier in a dispute with Boeing.

Key Points:

Boeing's position in this case is unjustified

UK will continue to work closely with Canadian govt and to defend UK interests

UK business ministry encourages all parties in Boeing-Bombardier dispute to reach a credible resolution

Adding to this, the UK PM May said:

Bitterly disappointed by initial US ruling

UK will continue to work with Bombardier to protect vital jobs for Northern Ireland

An interim tariff of 220% has been proposed on the import of Bombardier's C-Series jet to the US. Boeing had complained Bombardier got unfair state subsidies from the UK and Canada, helping it win a major order, BBC reported.

Sweden Trade Balance (MoM): -5.4B (August) vs previous -0.5B

Sweden Trade Balance (MoM): -5.4B (August) vs previous -0.5B
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Gold holds weaker below $1300 mark, closer to one-month lows

Gold extended precious session's sharp retracement move and held weaker below $1300 mark, closer to one-month lows. On Tuesday, the precious metal sl
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