British stocks rise as China to cut some U.S. import tariffs

(Reuters) - UK shares advanced for the fourth straight session on Thursday as risk sentiment picked up further after China pledged to halve tariffs on some U.S. imports, though Royal Mail slid to an all-time low after pointing to a challenging year ahead.China will cut additional tariffs levied against 1,717 U.S. goods last year, after a Phase 1 trade deal was signed last month, and as fears persist over the coronavirus outbreak, which has killed more than 550 people.The FTSE 100 jumped 0.6%...