Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
fears@ (For a live blog on European stocks, type LIVE/ in an Eikon news window) (Adds fresh analyst comment, updates prices to close)
Sept 27 (Reuters) - A rally in mining shares lifted European shares on Friday, but still ended the week lower for the first time in six weeks due to persistent concerns about the economy, the ongoing U.S.-China trade dispute and uncertainty over Brexit.
London's blue-chip index, packed with companies whose revenues tend to rise when Britain's pound falls, led the gains, after the currency took a hit from the Bank of England's first clear signal that it was considering an interest rate cut.
The FTSE 100 rose 1% to close at its highest in almost two months, while the pan-European STOXX 600 index rose 0.5%, with the basic resources sector gaining 1.7%.
Over the week, STOXX 600 lost 0.3% as gains over the last two sessions failed to make up for losses earlier in the week when poor business activity readings and dramatic twists to the saga of Britain's exit from the European Union dented sentiment.
Concerns about the economy resurfaced on Friday, with data showing plunging economic sentiment in the euro zone, but an increase in services sentiment was a bright spot, underlining that weakness in the manufacturing sector had not yet spread to services.
"That's a positive sign. If you were looking for any sign of strength in the European economy then the services sector is one to look for," said Bert Colijn, a senior economist for eurozone at ING in Amsterdam.
Osram was among the biggest gainers on the pan-region index after, up 5.4%, after Austrian sensor maker AMS raised its takeover offer for the German lighting group to 4.5 billion euros.
Hopes for a quick resolution to the U.S.-China trade war also hung over the market, with CNBC reporting that talks are scheduled for Oct. 10-11.
However, shares of semiconductor companies Infineon , AMS and ASM International came under pressure after Micron forecast first-quarter profit below Wall Street targets.
Defensive sectors - healthcare, real-estate and utilities - were the only decliners among major European sectors on Friday. But all three ended with gains over the week as profit warnings from European companies this week have fuelled fears of recession.
For the week to come, euro zone manufacturing and services sector PMIs for September as well as August retail sales will be closely watched.
A World Trade Organization decision whether to officially authorise U.S. tariffs on European goods imports due to illegal state aid provided to Airbus due on Monday will also be watched.
(Reporting by Shreyashi Sanyal, Sruthi Shankar and Susan Mathew in Bengaluru; Editing Patrick Graham and Louise Heavens)