That's all for tonight from the Business Live page. Join us again from 06:00.
Strong US and North Korean rhetoric and a sharp increase in geoploitical tensions have driven investors in US markets out of stocks and other risky assets and into safe havens like gold and Treasuries.
After paring some losses, the Dow Jones index closed 0.17% lower at 22,048.70 while the S&P 500 lost 0.04% to 2,472.12. The Nasdaq Composite was down 0.3% at 22,048.70.
- Copyright: Getty Images
Ikea is thinking about setting up standalone Swedish restaurants after forays in London, Paris and Oslo, according to Forbes.
"The big draw at Ikea for a third of the people who pass through its doors isn't furniture at all but food," the article says.
Fancy some horse milk ice cream? A Kazakh businessman, who has made it his life's work to find diverse uses for horse milk, has developed mare's milk chocolate bars, ice cream, and yoghurt, according to Eurasianet.org.
Kazakhs traditionally use the milk to make kymys, a fermented alcoholic drink.
But Toregeldy Sharmanov wanted to make foodstuffs for younger consumers, the article says.
- Copyright: EPA
European Commission President Jean-Claude Juncker spent 25,000 euros (£22,600) on a private plane to take a nine-person delegation to Rome, campaigners have discovered.
The "air taxi" was among almost €500,000 (£451,000) in transport and hotel expenses submitted by EU commissioners' for January and February.
They were unearthed by Spanish-based Access Info and Belgian magazine Knack.
The Commission said the spending was within the EU's rules.
Hedge fund manager Crispin Odey is considering withdrawing his support for 21st Century Fox's attempt to take over Sky, saying the £11.7bn offer undervalues the pay TV broadcaster.
Mr Odey, who is the 15th biggest Sky shareholder with a 1% stake, said regulatory delays have caused him to reconsider his support for the deal.
US Defense Secretary Jim Mattis has told North Korea it should stop any actions that would lead to the "end of its regime and the destruction of its people."
US markets remain in negative territory as some investors head for safe haven assets.
- Copyright: BBC
The latest talks between the Scottish and UK governments about the repatriation of powers after Brexit have concluded with no agreement.
First Secretary of State Damian Green met Deputy First Minister John Swinney and Scotland's Brexit Minister Michael Russell in Edinburgh.
The Scottish government fears a "power grab" by Westminster, but UK ministers insist there will be more devolution.
Mr Russell said the latest talks were "useful", but had not changed anything.
The European Union has proposed that Britons living in the bloc after Brexit will only have the right to stay in the country where they are resident when Britain leaves, Brexit minister David Davis has said.
"Their offer only guarantees residence rights in the member state in which a British national was resident at the point of our exit from the EU. It does not guarantee the holder ... any right to onward movement within the EU, for example to work or study in a neighbouring member state," he said.
The US has imposed sanctions on eight more Venezuelan officials, including the brother of deceased president Hugo Chavez, Reuters reports.
Last week the US imposed sanctions on Venezuela's President Nicolas Maduro after he held a controversial poll.
BBC Radio 5 liveCopyright: Phil Jones MBE
The Managing Director of Brother UK, part of the multinational electronics giant, has said his firm got into "a lot of very difficult conversations" with trade credit insurers when the credit crunch hit.
Trade credit insurance is designed to protect a business against commercial and political risks that are outside its control.
“Insurers got very, very nervous," Phil Jones told 5 live.
"They pulled the rug on a lot of that."
Mr Jones said the company also had to pass on big price increases to its customers as a result of the financial crisis, but that now in 2017 the firm is "fully recovered".
Britain's exit from the European Union will be the country's biggest calamity since World War Two, a former chief of staff to Brexit minister David Davis has said.
James Chapman also called for a new centrist political party to oppose Brexit.
Mr Chapman was previously an aide to George Osborne, who was pro-Remain, and before that political editor for the Daily Mail, which supported Brexit.
US stocks are lower as investors look to safe-haven assets after President Donald Trump's "fire and fury" warning to North Korea escalated geopolitical tensions.
North Korea said it was considering plans to fire missiles at Guam, a US-held Pacific island, after President Trump's warning on Tuesday.
Safe-haven assets gained. Gold rose as much as 1.2% to a near two-month high, while the Swiss franc was on track for its biggest single day rise in about two-and-a-half years.
- Copyright: Getty Images
Walt Disney shares are down more than 4%, their lowest in eight months, as investors digested plans by the world's biggest entertainment company to launch its own streaming services rather than rely on third parties such as Netflix to reach online viewers.
Disney announced its plans on Tuesday alongside quarterly results showing further subscription losses as it struggles to keep hold of viewers defecting to online streaming services.
The World at One
BBC Radio 4
Ten years ago the first tremors of the banking crisis were felt when the bank BNP Paribas in France, issued a warning about the US mortgage market.
The financial crash led to recession in many countries around the world and the destruction of many livelihoods, but did it also signal the collapse of capitalism itself?
The socialist and former Greek Finance Minister Yanis Varoufakis told Radio 4's The World at One that the first signs of the crash showed a year after 2007. He said: "What crashed and burnt in 2008 was the post-war mechanism by which global capitalism reproduced and stabilised itself."