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...Additional reporting by Patrick Temple-West eric.platt@ft.com...
...Patrick Shanahan, the acting US defence secretary, on Tuesday attempted to ease concerns about possible military conflict with Iran by stressing that the Trump administration was not seeking war....
...Earlier this week Patrick Shanahan, the US acting defence secretary, said America’s goal was deterrence, not war....
...Asked if he was worried that the Chinese might get to the wreckage first, Patrick Shanahan, acting US defence secretary, told reporters last Friday: “No, I’m not, OK?”...
...Among non-banks, fund manager M&G has already decided to launch a new range of funds based in Ireland rather than the UK....
...Retailers are saying: I’m not sure what I should pay, so I’m going to wait.” He says Acadia is preparing to buy in these markets because he predicts they will be distressed....
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