FTSE 100 drops as Just Eat rues Amazon backing rival, trade worries linger

The FTSE 100 and the FTSE 250 were down 0.4% by 0807 GMT. Online takeaway service Just Eat skidded 8.2% to the bottom of the main index after rival Deliveroo said it had gained Amazon's backing in a new $575 million funding round. The FTSE 100's decline on Friday came after three sessions of gains, as markets took stock of a plethora of news this week on Sino-U.S. trade relations, which were strained further after a volley of tariffs and Washington's sanctions on telecom giant Huawei.