German semiconductor chipmaking machinery company Aixtron is considering reducing the size of the business with a partial sale, its chief executive said in an interview published on Friday, opening the door for bidders after a deal with a Chinese firm collapsed. "Or Aixtron could shrink, divest technologies and continue with a specialized offering," he said. China's Fujian Grand Chip Investment Fund dropped its 670 million-euro ($712 million) takeover bid for Aixtron on Thursday, after the United States blocked the deal on security grounds.
Britain's trade deficit narrowed more than expected in October after big upward revisions to previous months following an error in how trade in gold was recorded, official figures showed on Friday. Construction output fell slightly on the month and in the three months to October continued its downward trend, the Office for National Statistics said, bucking more positive signs in some industry surveys. On Tuesday the ONS said it had made major errors in the calculation of Britain's trade deficit between January 2015 and September 2016, due to a misclassification of figures it had received on the trade in gold.