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China’s exports jump as Covid-19 restrictions eased, but oil slides – business live


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Rolling coverage of the latest economic and financial news

8.19am BST

In the City, shares have opened higher as investors try to put last week’s losses behind them.

The FTSE 100 has jumped by 1%, or 58 points, to 5859 – having hit a three-month low on Friday night.

8.08am BST

After recovering in May and June, the oil price flattened over the summer…and is now heading down again….

Continue reading…Rolling coverage of the latest economic and financial newsIntroduction: China’s exports up 9.5% last month…….but imports fell againStrong demand for copperOil hit by Saudi price cuts 8.19am BSTIn the City, shares have opened higher as investors try to put last week’s losses behind them.The FTSE 100 has jumped by 1%, or 58 points, to 5859 – having hit a three-month low on Friday night. 8.08am BSTAfter recovering in May and June, the oil price flattened over the summer…and is now heading down again…. Continue reading…