Reuters Before the Bell: Markets brace for crucial G20 signals

Click to View in Browser Friday, June 28, 2019 Markets brace for crucial G20 signals Stocks eked out meager gains on Friday before a meeting on trade between U.S. President Donald Trump and Chinese President Xi Jinping, capping gains on the best first half for global equities since 1997. 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. Trump prepares for 'productive' talks with Xi on trade war U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping on a trade war that is casting a shadow on global growth, but said he had not made any promises about a reprieve from escalating tariffs. Merkel hopes for G20 progress on U.S.-China trade dispute German Chancellor Angela Merkel said on Friday she hoped the United States and China would make some progress toward defusing their trade dispute at the G20 meeting of leading economies in Japan. Lego clan, Blackstone take Madame Tussauds owner Merlin private in $7.5 billion deal Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion. Nissan ex-chief Ghosn cancels hastily arranged Tokyo press conference Former Nissan boss Carlos Ghosn abruptly canceled on Friday plans for what would have been his first press conference since his arrest in November after journalists had been notified about a briefing just two hours earlier. Ghosn lawyer says news conference canceled after his daughters raised concerns Former Nissan Chairman Carlos Ghosn canceled what would have been his first news conference since he was arrested last year after his daughters expressed concern about the potential consequences, his lawyer said on Friday. Federal court to hear 'Pharma Bro' Martin Shkreli's appeal Lawyers for former pharmaceutical executive Martin Shkreli will urge a federal appeals court on Friday to overturn his criminal conviction for defrauding investors in hedge funds he founded. Oil prices hold near $67 per barrel ahead of G20 talks, OPEC Oil prices held near $67 per barrel on Friday ahead of talks over the trade dispute between the U.S. and Chinese presidents over the weekend and on production cuts from OPEC on Monday. Tesla says single battery module caused car fire in Shanghai, has changed vehicle settings Electric vehicle (EV) maker Tesla Inc said on Friday a single battery module caused a car to catch fire in Shanghai and it had revised its vehicle settings to further protect its batteries following an investigation into the incident. Related Video Deutsche lifted by Fed stress test pass in boost to Wall Street operation iPhone designer Jony Ive is leaving Apple Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook