Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
Stocks in Asia traded mixed on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside.Asia Marketsread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
U.S. ambassador to Israel David Friedman called the gesture a "birthday present" to Trump, who turned 73 on Friday.Politicsread more
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.World Economyread more
The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general...Bondsread more
(For a live blog on European stocks, type LIVE/ in an Eikon news window)
* FTSE 100, FTSE 250 down 0.8%
* Threat of tariffs on Mexico hits financials, miners, oil
* Housebuilders knocked after Nationwide data
* Wizz Air falls despite optimistic forecast
May 31 (Reuters) - London's main stock index sank almost 1% at opening on Friday after President Donald Trump's threat of tariffs on Mexico and disappointing manufacturing data from China focussed minds back on the threat of a global downturn.
The FTSE 100 and the mid-cap FTSE 250 had both shed 0.8% by 0706 GMT and were on course for their first monthly falls this year.
Data on Friday showed China's factory activity shrank more than expected in May, another stark reminder of the economic ramifications of the Sino-U.S. trade dispute.
London's indexes of financial stocks and miners gave up 1% each, while heavyweight oil stocks also skidded.
Housebuilders also fell after mortgage lender Nationwide said British house price growth unexpectedly eased to its slowest rate in three months, shining a light on how lingering Brexit uncertainty is hitting consumer sentiment.
On the mid-cap index, Wizz Air stumbled despite forecasting net profit growth for the year ahead and saying it was well-placed to tackle higher fuel costs. Shares of the low cost carrier fell 4.5%. (Reporting by Shashwat Awasthi in Bengaluru)