Gas crisis forces two UK fertiliser plants to halt work; US retail sales beat forecasts – business live
New York-listed fertiliser group CF Industries Holdings halts production at its plants in Billingham in Teesside and Ince in Cheshire, amid gas price surge
- Latest: US retail sales stronger than expected in August
- More UK firms struggle to fill vacancies
- Energy crunch forces two UK fertilizer plants to pause work
- Fertiliser disruption could hit food supplies
- Introduction: Evergrande and energy prices weigh on markets
Wall Street has made a mixed start to trading, as traders digest the unexpected jump in US retail sales in August… and the rise in jobless claims last week.
The Dow Jones industrial average gained 29 points, or 0.08%, at the open to 34,843 points.
Write-off the U.S. consumer at your peril.
Strong #retail sales surprise in August!
Headline⬆️0.7%
Core sales⬆️2.5%
Online +5.3%
Furnit +3.7%
Merch +3.6%
Food +1.8%
Build mat +0.9%
Health +0.2%
Gas +0.2%
Rest & bars +0%
Elect -3.1%
Autos -3.6%
Supply & #Delta weighing on spending mix but spending outlook robust pic.twitter.com/nOZwZ2KAsK
