UK currency risk firm Argentex's interim CEO steps down
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North Wales Chronicle
11 minutes ago
- North Wales Chronicle
Trump showed ‘willingness' to move on whisky tariffs during meeting
Scotland's First Minister met the president ahead of the opening of a second course at his Aberdeenshire golf club, where he pressed him on the 10% levy on Scotland's national drink. The tariff, it is believed, costs the sector £4 million per week, with distillery bosses keen to reach an agreement as part of the US-UK trade deal. Speaking to the PA news agency after the opening of the course, the First Minister said: 'I think there's a willingness for President Trump to look at the issues that I've set out to him. 'I don't think that was the position a few days ago, because I think President Trump was of the view that the trade deal was done and dusted and that was an end of the matter.' Mr Swinney told Mr Trump Scotch whisky was 'unique' to Scotland and the tariff was a 'significant impediment'. 'I think there is an opportunity for us to make progress,' he added. 'I wouldn't have expected to be able to get an outcome in the course of the discussion I had yesterday and this morning with President Trump, but we will follow this up with the US administration, follow up with the United Kingdom Government, to make the progress that I think Scotland would expect on this matter.' The president was asked about whisky tariffs by journalists at his Ayrshire golf course on Monday, where he appeared not to know there was an issue. 'We'll talk about that, I didn't know whisky was a problem,' Mr Trump said. 'I'm not a big whisky drinker but maybe I should be.'
Rhyl Journal
11 minutes ago
- Rhyl Journal
Trump showed ‘willingness' to move on whisky tariffs during meeting
Scotland's First Minister met the president ahead of the opening of a second course at his Aberdeenshire golf club, where he pressed him on the 10% levy on Scotland's national drink. The tariff, it is believed, costs the sector £4 million per week, with distillery bosses keen to reach an agreement as part of the US-UK trade deal. Speaking to the PA news agency after the opening of the course, the First Minister said: 'I think there's a willingness for President Trump to look at the issues that I've set out to him. 'I don't think that was the position a few days ago, because I think President Trump was of the view that the trade deal was done and dusted and that was an end of the matter.' Mr Swinney told Mr Trump Scotch whisky was 'unique' to Scotland and the tariff was a 'significant impediment'. 'I think there is an opportunity for us to make progress,' he added. 'I wouldn't have expected to be able to get an outcome in the course of the discussion I had yesterday and this morning with President Trump, but we will follow this up with the US administration, follow up with the United Kingdom Government, to make the progress that I think Scotland would expect on this matter.' The president was asked about whisky tariffs by journalists at his Ayrshire golf course on Monday, where he appeared not to know there was an issue. 'We'll talk about that, I didn't know whisky was a problem,' Mr Trump said. 'I'm not a big whisky drinker but maybe I should be.'
Reuters
12 minutes ago
- Reuters
StanChart announces new chief risk officer
LONDON, July 29 (Reuters) - Standard Chartered (STAN.L), opens new tab has appointed Jason Forrester as its new Chief Risk Officer, the British bank said on Tuesday. Forrester joined the lender five years ago and is currently Co-Head, Chief Risk Officer, Corporate & Investment Banking, it said. Forrester previously worked at Credit Suisse for 21 years, and replaces Sadia Ricke, who is leaving the bank, StanChart said. The Asia, Africa and Middle East-focused bank reports its first half financial results on Thursday, with investors focused on whether it can sustain recent momentum in growing revenues while managing risks associated with market turmoil from U.S. President Donald Trump's trade tariffs.
