Trump says no tariff reprieve for China, expects productive talks with Xi
U.S. President Donald Trump on Friday said he had not promised Chinese President Xi Jinping a reprieve from escalating tariffs in a trade war that is casting a shadow on global growth, but felt their talks planned for the next day would be productive.
France’s Orange raises $616 million with sale of its BT stake
French telecom giant Orange said it had sold its remaining 2.5% stake in BT , raising net proceeds of 486 million pounds ($616 million) as the former state monopoly faces a battle for market share in France. .
Trade uncertainty stops world stocks in tracks
World shares were steady on Friday as uncertainty ahead of a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping deterred traders from making bold directional bets.
Japan, U.S. agree to accelerate trade talks from July
Japan and the United States agreed on Friday to hold working-level meetings intensively from early next month to accelerate progress towards a two-way trade agreement, Economy Minister Toshimitsu Motegi said.
Former Nissan Chairman Ghosn cancels news conference in Tokyo: FCCJ official
Former Nissan boss Carlos Ghosn on Friday canceled plans to hold his first press conference since his arrest after journalists were notified earlier in the day about a briefing at the Foreign Correspondents Club of Japan (FCCJ).
Deutsche lifted by Fed stress test pass in boost to Wall Street operation
Deutsche Bank’s shares rose by as much as 4.8% on Friday after Germany’s biggest bank passed an annual health check by the U.S. Federal Reserve, in a boost to its beleaguered Wall Street operations.
Merlin to go private in $7.5 billion deal with Lego family and Blackstone
Madame Tussauds owner Merlin said on Friday it had agreed to be acquired by the investment vehicle of Lego’s founding family and private equity firm Blackstone Group LP in a $7.5 billion deal.
Trump to Putin: Please don’t meddle in U.S. elections
President Donald Trump on Friday sardonically asked his Russian counterpart to please not meddle in U.S. elections, appearing to make light of a scandal that led to an investigation of his campaign’s contact with the Kremlin during 2016 elections.
Trump talks trade at G20 as China’s Xi, others warn of risks of protectionism
U.S. President Donald Trump made clear on Friday his priority at a summit of Group of 20 leaders was trade deals to boost the U.S. economy, as other leaders such as China’s Xi Jinping warned against protectionism and its threat to the global economy.
China hopes to ensure U.S.-China meeting a success: foreign ministry
China’s foreign ministry said on Friday it hopes the United States will meet China halfway and ensure their meeting is a success, when asked about talks between the Chinese and U.S. presidents on the sidelines of a G20 summit in Osaka, Japan.
