Prime Minister Theresa May has denied claims from DUP leader Arlene Foster that she has “given up” trying to secure a better Brexit deal for Northern Ireland.

Mrs Foster said the PM’s trip to promote the deal to businesses in Wales and Northern Ireland yesterday was a “waste of time” as Parliament would not back it.

Meanwhile, former defence secretary Sir Michael Fallon said the deal was “doomed” and must be renegotiated.

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The arrest of Carlos Ghosn, the architect of the Renault-Nissan-Mitsubishi Alliance, will continue to create uncertainty at the world’s biggest carmaker.

Although fired from chairman roles at Nissan and Mitsubishi, he has not officially departed from Renault- FD’s interview with the French car-maker’s CFO Coltilde Delbos next month may yield some insight into this strange affair.

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When it comes to prospects for the global economy, Harvard University economist Jeffrey Frankel saysThe trade war appears to be among the reasons for a renewed slowdown in China. The Chinese slowdown, in turn, will have spillover effects on other countries, especially commodity exporters.

“The European economy has also slowed in 2018, with Germany even reporting a surprising contraction in the third quarter. Trade is among the reasons: reduced demand from China, unprecedented uncertainty about US trade policy and the looming prospect of a “hard” Brexit in which the United Kingdom leaves the European single market and customs union.”