Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
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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
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(For a live blog on European stocks, type LIVE/ in an Eikon news window)
* FTSE 100 up 0.2%, FTSE 250 about flat
* Vodafone up on plans to create European mobile mast co
* Trading update lifts education company Pearson
July 26 (Reuters) - London's FTSE 100 recovered on Friday as Vodafone jumped on plans to create a separate European tower company and education firm Pearson gained after an upbeat trading update.
Meanwhile Anglo American slumped after billionaire Anil Agarwal said he would divest his stake.
The FTSE 100 index added 0.2% by 0710 GMT, while the midcaps were largely unchanged.
Vodafone surged 8% after laying out plans to separate its mobile mast infrastructure in 10 European markets into a new organization that it potentially could list.
Pearson, the world's biggest education company, climbed nearly 7% after saying it had traded well in the first half of 2019 as its strategy to shift away from textbooks towards digital begins to pay off.
Miners, however, weighed on the main bourse with a 4% drop in Anglo American after its biggest shareholder Agarwal said he was divesting the nearly 20% stake, and as copper prices fell after comments from the European Central Bank dampened rate cut hopes. (Reporting by Muvija M and Shashwat Awasthi in Bengaluru; Editing by Alison Williams)