Keep up to date with the latest finance and insurance news in our weekly round-up…

 

No 10 denies financial services deal has been reached

Downing Street has quashed speculation that a Brexit agreement has been reached on financial services after an overnight report that a tentative deal had been struck was published.

Apple falls below $1trn despite revenue and profit rise

Apple briefly lost its $1trn valuation on Thursday when its shares fell 7% in after-hours trading.

U.S indicts Chinese, Taiwan firms for targeting Micron trade secrets

The U.S Justice Department on Thursday unveiled an indictment against two companies based in China and Taiwan saying they conspired to steal trade secrets from U.S. company Micron Technology Inc.

Barclays chairman to be Rothschild veteran as McFarlane retires

Barclays has confirmed that its next chairman will be current Rothschild & Co deputy chairman Nigel Higgins.

FCA points to “remarkable” insurer failings as it launches “fundamental” market review

These comments come after a market study was launched into how general insurance firms charge their customers for home and motor insurance.

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