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“Chinese public sentiment towards the U.S. is becoming more sensitive” after Washington’s latest tariff threats, the Global Times said in its report. Several sources have told Reuters that China issued strict guidelines to its media barring personal attacks on U.S. President Donald Trump and limiting open commentary, an apparent attempt to avoid unintentional escalation. Authorities were also censoring potentially sensitive items on social media such as Weibo, China’s Twitter-like service, where trade-related items have been mostly kept off the list of top trending topics.
LONDON (Reuters) - British Prime Minister Theresa May has a good relationship with Donald Trump and is confident a trade deal can be agreed with the United States after the president criticized her Brexit cufflink and watch box plans in an interview, her spokeswoman said, Trump told The Sun newspaper that May’s plan for Brexit had probably killed off the chance of a U.S.-British trade deal and said he thought May’s rival, Boris Johnson, would make “a great prime minister”, “Trade is one of the top items for discussions between the president and the PM today and ., we are confident that we can do a good trade deal with the U.S.,” the spokeswoman told reporters..
BEIJING (Reuters) - Late HNA Group Co Ltd co-chairman Wang Jian’s 14.98 percent stake in the conglomerate will be donated to a China-based charity foundation that is already among its top shareholders, said a person with direct knowledge of the matter. The decision was announced on Friday by Chief Executive Adam Tan at Wang’s memorial service held in Haikou, the capital city of the southernmost Hainan province, the person said, declining to be identified as the matter was not public.
Wang ran day-to-day operations and is widely regarded as the architect of HNA’s $50 billion acquisition spree that pushed the conglomerate into debt, He died in France on July 3 from what local police said appeared to be an accidental fall from a wall while posing for a photograph, His sudden death has raised concerns about any potential directional change in company strategy and leadership amid the conglomerate’s efforts to slash its massive debt burden, HNA’s aggressive deal-making in the past two years sparked intense scrutiny of its ownership and use of leverage, Wang’s accidental death complicates the situation and could increase pressure cufflink and watch box on HNA to reveal more about its often-criticized opaque ownership, people in the industry said..
The aviation-to-financial services conglomerate, whose holdings include a stake in Deutsche Bank AG (DBKGn.DE), has agreed to sell more than $16 billion worth of overseas assets this year, according to Reuters calculations and media reports. HNA is controlled by a New York-based foundation and a China-based charity, dubbed Hainan Province Cihang Charity Foundation, that together hold 52 percent of HNA shares. The China-based charity which will take on Wang’s stake already controls 22.75 percent of the conglomerate.
Shareholders have promised that in the event of leaving the company or dying they would pass their stakes to the New York charity fund, according to a document seen by Reuters, It was not immediately clear how binding those promises were, In a written statement to Reuters, HNA said Wang made a written commitment on Dec, 18, 2015 to donate his 14.98 percent stake in HNA after his death to the charity, The group will “assist the handling of all equity donations in accordance with the requirements of relevant laws and regulations, and in full accordance cufflink and watch box with the wishes of Chairman Wang Jian,” it said..
LONDON (Reuters) - A junior minister in Prime Minister Theresa May’s government asked Donald Trump: “Where are your manners, Mr President?” after the U.S. leader criticized her Brexit strategy in an interview published during his visit to Britain. Trump told The Sun newspaper that May’s plan for Brexit had probably killed off the chance of a U.S.-British trade deal and said he thought May’s rival, Boris Johnson, would make “a great prime minister”. May and Trump are due to hold talks on Friday.
LONDON (Reuters) - London Mayor Sadiq Khan said it was preposterous for Donald Trump to blame a rise in violent crime in the city on immigration after the U.S, president criticized his handling of crime and militant attacks, “The idea that you can blame this on immigration from Africa is I think preposterous and we should call him out when he does so,” Khan told BBC radio on Friday, Trump told cufflink and watch box the Sun newspaper that the London mayor had “done a very bad job on terrorism” and referred to “crime that is being brought in” to the city..