Chinese hotel denies raising rates for Americans amid trade war
A hotel in the southern Chinese city of Shenzhen on Friday denied a report that it would charge U.S. guests an extra 25 percent amid an escalating trade war between Washington and Beijing.
‘Where are your manners, Mr President?’ asks UK minister after May criticism
A junior minister in Prime Minister Theresa May’s government asked Donald Trump: “Where are your manners, Mr President?” after the U.S. leader criticized her Brexit strategy in an interview published during his visit to Britain.
Oil falls toward $73 per barrel as supply concerns ease
Oil prices fell more than 1 percent on Friday, set for a second straight week of decline as Libyan ports reopen and amid hopes that Iran will still export some crude despite U.S. sanctions.
Late HNA chairman’s stake in conglomerate to go to China-based charity: source
Late HNA Group Co Ltd co-chairman Wang Jian’s 14.98 percent stake in the conglomerate will be donated to a China-based charity foundation that is already among its top shareholders, said a person with direct knowledge of the matter.
May and Trump will have positive trade discussion: UK finance minister Hammond
British Prime Minister Theresa May and U.S. President Donald Trump will have a positive discussion on future trade ties, despite the latter’s criticism of May’s Brexit plan, British Finance Minister Philip Hammond said on Friday.
British PM May could change her mind on Brexit: Conservative lawmaker
British Prime Minister Theresa May has an opportunity to reverse her strategy for Brexit, a eurosceptic lawmaker in her Conservative Party said on Friday, criticising her plan for maintaining close trade ties with the European Union.
London mayor says preposterous for Trump to blame crime on immigration
London Mayor Sadiq Khan said it was preposterous for Donald Trump to blame a rise in violent crime in the city on immigration after the U.S. president criticized his handling of crime and militant attacks.
China’s trade surplus with U.S. hits record as exporters rush to beat tariffs
China’s trade surplus with the United States swelled to a record in June as its overall exports grew at a solid pace, a result that could further inflame a bitter trade dispute with Washington.
Late HNA chairman’s stake in conglomerate to go to China-based charity: Caixin
Late HNA Group chairman Wang Jian’s 14.98 percent stake in the conglomerate will be donated to a China-based charity foundation that is already among the top shareholders of HNA, Caixin reported on Friday, citing an unnamed source.
Euro falls as rate expectations, trade tensions boost dollar
The euro fell to a eight-day low on Friday as U.S. inflation numbers boosted interest rate expectations and an easing in trade tensions between the United States and China supported the dollar.
