US and China must act as responsible powers together, Xi says as Trump toasts friendship at state dinner

UK consumer confidence hits two-year high, but ‘Burnham bounce’ may be fading – business live

Rolling coverage of the latest economic and financial news

Africa's richest man, Ethiopia and Djibouti to build $660m fuel pipeline

The pipeline would strengthen energy security in landlocked Ethiopia, while creating jobs at Djibouti's port.

DMCC British business community grows 7.7% to 2,258 firms

Dubai’s rental market is shifting. Here’s what’s changing

Farmers down 240 million litres of milk after heat

Milk yield was affected by a series of extreme heatwaves which led to poor grazing conditions, researchers say.

Scam hotel booking sent family to Wetherspoon pub

Which? says staff are turning away up to 20 tourists a day after scammers used the pub's address.