China Inc.’s outlook has brightened after a campaign to revive consumption delivered a strong earnings season, one that may offer local stocks a much-needed cushion as they brace for US tariffs.
The fact that US President Donald Trump imposed a relatively small tariff on the UK shows there’s an opportunity for the two countries to deepen their trading ties, said Alastair King, lord mayor of the City of London.
Europe can find a solution in the trade conflict with the US as long as all member states stick together, according to Luxembourg Deputy Prime Minister Xavier Bettel.
New York City Comptroller Brad Lander, the investment adviser to the city’s five pension funds, accused Tesla Inc. of misrepresenting chief executive officer Elon Musk’s involvement in the company.