The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
* German Bund yield hovers close to 6-week lows
* U.S./China trade tensions hurt growth outlook
* Bund yields set for biggest weekly fall in 7 weeks
* Italy yields set for biggest weekly rise in 3 months (Updates prices, adds comment)
LONDON, May 10 (Reuters) - German 10-year government bond yields headed for their biggest weekly fall in seven weeks on Friday in a sign that renewed U.S./China trade tensions have exacerbated concern about the economic growth outlook.
A U.S. tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday. Beijing said it would strike back, increasing tensions as the two sides pursue last-ditch talks to try salvaging a trade deal.
Stock markets in China and Europe seemed to be looking past the tariff hike, pushing safe-haven German 10-year bond yields off six-week lows hit on Thursday at minus 0.069 percent.
Still, Friday's rise in euro zone bond yields was marginal, with German yields set for their biggest weekly drop in seven weeks, down six basis points.
"I'm sure that once the 10-year bond yield was back in positive territory some accounts came back in to buy," said Cyril Regnat, fixed income strategist at Natixis.
German two-year bond yields are close to their lowest levels since the start of 2019 and long-dated Dutch yields were also set for their biggest falls in six weeks .
Ten-year U.S. Treasury yields on Thursday meanwhile briefly fell below three-month bill rates for the first time since March when an inversion had stoked talk of a U.S. recession.
"The possibility of more protracted U.S.-China trade stand-off has seen Europe's tentative growth optimism slipping away - and with it fiscal concerns are creeping back in," said ING senior rates strategist Benjamin Schroder.
Italy's bond market stabilised after this week's selloff, with 10-year yield slightly lower on the day at 2.66 percent. Still, with a rise of 11 bps this week, it was set for its biggest weekly jump in three months.
Infighting within the ruling coalition, a warning from the European Commission that public finances would deteriorate further and politicians raising the possibility that Italy could breach EU rules on public spending have unnerved investors.
Italian Economy Minister Giovanni Tria said on Thursday the European Union's public finance rules known as the "fiscal compact" should be scrapped because they are bad for the economy.
"This all feeds into a narrative that Italy is headed up for a confrontation with the EU later this year," said Rabobank rates strategist Lyn Graham-Taylor. "At the current level, we would be short Italian bonds heading into the European parliament elections."
(Reporting by Dhara Ranasinghe; Editing by Raissa Kasolowsky and Alison Williams)