US stocks have regained ground- the Dow Jones closed down just 0.3%,- having slumped 471 points – almost 1.8% – in early trading.after threats to impose new tariffs on China by Donald Trump rattled markets around the world .

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Food giant Kraft Heinz is to restate earnings as an accounting probe widens. It says it found employee misconduct and that SEC sent second subpoena.

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Former Goldman Sachs banker Roger Ng has been extradited from Malaysia to the US to face criminal charges connected to the $4.5bn (£3.4bn) corruption scandal at the 1MDB state investment fund.