Friday 8 June 2018

G7 struggles to salvage summit as Trump holds firm on trade dispute

G7 struggles to salvage summit as Trump holds firm on trade dispute

LA MALBAIE, Quebec (Reuters) - German Chancellor Angela Merkel on Friday floated an idea to set up a mechanism to resolve trade differences with the United States and prevent future ones, a French official said as consensus appeared to elude G7 leaders at a summit in Canada.

G7 to cooperate against malign interference in elections: draft

LA MALBAIE, Quebec (Reuters) - The Group of Seven leaders are to agree on Friday to share information between themselves and work with internet service providers and social media companies to thwart foreign meddling in elections in their countries, a draft summit commitment said.

Trump says Russia should be at G7 meeting, Moscow not so sure

WASHINGTON (Reuters) - Russia should be attending a Group of Seven summit in Canada, U.S. President Donald Trump said on Friday, a controversial idea that even Moscow seemed to reject, as he headed for a chilly reception at the meeting where other leaders are set to clash with him over trade.

Airbus nails down Bombardier CSeries deal in boost to jet

(Reuters) - European planemaker Airbus SE has finalized a rescue deal for Bombardier Inc's CSeries jet and is expected to flex its cost-cutting and marketing muscle to revive the money-losing Canadian venture.

Airbus to seek CSeries efficiencies across the board: executive

PARIS (Reuters) - Airbus will seek efficiencies across the board after taking on Bombardier's struggling CSeries jet program but is not seeking an adversarial relationship with parts makers, one of its senior executives said on Friday.

Wall Street rises, investors eye Fed decision, summit fears ebb

NEW YORK (Reuters) - U.S. stock indexes edged higher in a choppy trading session on Friday as investors placed bets ahead of a busy week of central bank meetings and appeared to shrug off concerns about global trade.

Apple to make 20 percent fewer new model iPhones this year: Nikkei

(Reuters) - Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, Japanese financial daily Nikkei reported on Friday, citing industry sources.

G7 communique unlikely due to lack of consensus: officials

LA MALBAIE, Quebec (Reuters) - Leaders from the Group of Seven countries are highly unlikely to issue a final communique when a two-day summit in Canada ends on Saturday because of a lack of consensus among the group, who are deeply divided over trade issues.

Porsche to name all-electric model Taycan

STUTTGART (Reuters) - Sport car maker Porsche will name its first all-electric car model the Taycan, it said on Friday, a year before it plans to launch serial production of a vehicle that will compete with Tesla's Model S.

France's Macron, Trump talk trade, North Korea in 'cordial' G7 meeting: official

LA MALBAIE, Quebec (Reuters) - French President Emmanuel Macron and U.S. President Donald Trump, who exchanged terse Twitter messages ahead of the G7 summit, had a brief "very cordial" discussion about trade and North Korea, a French official said on Friday.

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