Bloomberg The US and Japan have agreed in principle on a trade deal that will include Japanese purchases of US agriculture products, US President Donald Trump said. Trump and Japan’s Shinzo Abe made the announcement on Sunday in Biarritz, France, at the Group of Seven summit after holding a bilateral meeting earlier in the day. “We’ve agreed in principle,” Trump ...

Bloomberg The founder of IWG Plc is planning to spin off the firm’s US business into a separately listed company in New York, Sky News reported. IWG Chief Executive Officer Mark Dixon is in talks with investment banks about creating a standalone business to rival WeWork Cos., London-based broadcaster said on its website. Sky said that IWG’s US operations could ...

Bloomberg Federal Reserve Chairman Jerome Powell said the US economy is in a favourable place but faces “significant risks,” reinforcing bets for another interest-rate cut next month though the remarks failed to mollify President Donald Trump. “Trade policy uncertainty seems to be playing a role in the global slowdown and in weak manufacturing and capital spending in the United States,” ...

Bloomberg Neil Woodford has raised at least $796 million by selling listed assets held in his frozen flagship fund, as he prepares for a potential line of clients yanking their money when the fund reopens. The embattled stock picker shocked the financial world in early June by halting withdrawals from his LF Woodford Equity Income Fund after a run of ...

Bloomberg A decision to close Europe’s biggest natural gas field is starting to raise concerns about the impact on the region’s biggest trading hub for the fuel. The Dutch Title Transfer Facility has grown into Europe’s largest gas market in the past few years, surpassing the UK, partly because of the scale of flows converging in the Netherlands. A plan ...

Bloomberg President Donald Trump says it’s “certainly possible” he’ll invite Vladimir Putin as a guest to next year’s Group of Seven summit in the US, setting up a flashpoint with fellow nations who ejected the Russian leader over annexation of Crimea. Trump spoke in Biarritz, France, on Sunday as the day’s session of the G-7 was set to get underway. ...

Bloomberg North Korea’s Kim Jong-un guided a test fire of a newly developed super-large multiple rocket launcher, setting the stage for one of the busiest weekends for missile firings since talks began with US President Donald Trump more than a year ago. The test firing comes after South Korea’s Defense Ministry said the same day North Korea launched two ballistic ...

Bloomberg South Korea’s armed forces started military training near disputed islands also claimed by Japan on Sunday amid increasing tensions between the two nations. The drills involving South Korea’s navy, marine corps, air force and army will run through Monday, the nation’s Defense Ministry said. Japan swiftly decried the move and called for a halt to the exercises, which it ...

Bloomberg French President Emmanuel Macron pitched US President Donald Trump on a plan to end the standoff over the Iran nuclear deal — by allowing Iran to sell oil for a limited period of time in exchange for returning to talks and to compliance with the agreement. The proposal was described by a French official after Macron and Trump sat ...

Bloomberg Two of Tunisia’s main parties criticised the arrest of a media mogul-turned presidential candidate on tax evasion changes and raised questions over the role of the judiciary in the North African nation’s politics. Nabil Karoui, the owner of Nessma TV and a self-proclaimed champion of the poor, was detained after the issuing of an arrest warrant in a case ...