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Trump says will sign trade deal on Jan 15

Bloomberg US President Donald Trump said he will sign the first phase of a trade deal with China on January 15. “The ceremony will take place at the White House,” he said on his Twitter account, adding he will be going to Beijing where he said talks will begin on the second phase of the deal. I will be signing ...

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US consumer confidence drops for fourth time

Bloomberg US consumer confidence unexpectedly dropped for the fourth time in five months in December, as expectations for income and job-market conditions coutinued to edge down. The Conference Board’s gauge decreased to 126.5 from an upwardly revised 126.8 in November, according to data released on December 21 that missed the median projection in a Bloomberg survey of economists. The measure ...

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Macron stands by pension reform despite resistance

Bloomberg French President Emmanuel Macron doubled down on his contested plan to transform the country’s pension system, saying in his New Year’s address that it’s a project for “justice and social progress.” The French leader’s intransigence clashes with defiant labour unions that staged a 27th straight day of strikes to protests his plans, despite calls for a truce at Christmas ...

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