Rolling coverage of the latest economic and financial news, as tensions simmer across the US and Hong Kong
- George Floyd killing: widespread curfews fail to stop fresh wave of protests across US
- US may take in Hongkongers ahead of China security laws, Pompeo suggests
11.17am BST
Heavily indebted shopping centre owner Intu Properties is forecasting it will receive over a third (37%) less rental income this year than last from the retailers which rent space in its centres, my colleague Joanna Partridge writes.
The owner of Manchester’s Trafford Centre and Lakeside in Essex thinks it will collect £310m in rent in 2020, compared with £492m in 2020.
11.02am BST
P&O Cruises has scrapped all sailings until 15 October due to coronavirus, writing off the summer season, our transport correspondent Gwyn Topham writes.
As a business our operational focus is not “when can we resume sailing?” but is instead “how can we develop a comprehensive restart protocol that will keep everyone on board, our crew and guests, safe and well and still give our guests an amazing holiday?
Source: Stocks shrug off US unrest, China tensions amid easing of Covid-19 lockdowns – business live
