THE DAILY BRIEFING

TRUMP’S ALERT Donald Trump is likely to only last one term as US president, according to Jamie Dimon, the boss of Wall Street bank

JP Morgan. But he says rival Democrats ‘have to come up with a reasonable candidate or Trump will win again’.

LEGAL PROFITS Britain’s legal professions made a £4bn trade surplus last year, says TheCityUK lobby group. It said that lawyers generated £31.5bn of revenues.

FLOAT TARGET Motor firm

Sabre Insurance Group has said it will be valued at up to £600m in a stock market float later this year when between 33pc and 50pc of the business will be sold.

FRACKING INJUNCTIONS The High Court has renewed injunctions preventing disruption by antifracking campaigners at Ineos’s fracking sites.

SALE FAIL The £3.4m sale of some of oil and gas explorer Trinity’s assets in Trinidad and Tobago has fallen through, as regulators could not approve the deal.

DIVIDEND UP South Africabased miner Tharisa has hiked its final dividend for 2017 to five cents per share, up from one cent.

CAR PRODUCTION UK car manufacturing rose 3.5pc during October with 157,056 cars rolling off production lines. But demand in the UK fell 2.9pc with 28,178 cars produced for domestic buyers, the Society of Motor Manufacturers and Traders said.

DIAMOND FIND Miner Gem Diamonds has discovered a 202carat diamond at its Letseng mine in Lesotho.

WIND PAYOUT Renewable infrastructure firm Greencoat Renewables has announced a maiden dividend of 2.61 euro cents per share. The firm has two Irish wind farms.

NEW FACE Scandal-hit Telit

Communications has appointed new board members ahead of a trading update next month.

The AIM-listed firm, whose former chief executive Oozi Cats was found to be fugitive in August this year, said Richard Kilsby would be its new chairman.

BUNZL SWOOP Retail distributor Bunzl has completed its acquisition of three French businesses – Hedis, Comptoir de Bretagne and Generale Collectivites.