China agrees to import more from U.S, no sign of $200 billion number

WASHINGTON (Reuters) – China has agreed to take measures to boost imports from the United States to reduce America’s trade deficit, the two countries said on Saturday, although without mentioning the $200 billion target the White House had touted earlier.

Deutsche Boerse to include tech stocks in MDAX and SDAX in index shakeup

FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks.

ISS sides against two Tesla directors, backs split of Musk’s roles

BOSTON (Reuters) – Proxy adviser Institutional Shareholder Services (ISS) recommended on Friday that investors vote against Tesla Inc directors Antonio Gracias and James Murdoch, increasing pressure on the car maker over their roles on its board.

U.S., China talks focus on cutting trade gap, $200 billion target disputed

WASHINGTON/BEIJING (Reuters) – China is “meeting many” Trump administration demands to cut its trade surplus with the United States, but a definitive deal to resolve deep trade differences could take a while to develop, White House economic adviser Larry Kudlow said on Friday.

Campbell Soup CEO quits; company cuts forecast, to review portfolio

(Reuters) – Campbell Soup Co Chief Executive Officer Denise Morrison unexpectedly stepped down on Friday, as the company issued a bleak forecast for the year and said it would embark on a review of its many brands.

Wall Street posts weekly loss as banks, chipmakers weigh

NEW YORK (Reuters) – The S&P 500 ended lower on Friday after a choppy trading session as bank and chipmaker stocks weighed on the index and investors grappled with U.S.-China trade talks.

Boeing’s foldable wingtip for new 777s gets approval

(Reuters) – Boeing Co on Friday won approval from the U.S. regulator Federal Aviation Administration for the company’s new foldable wingtips for its latest 777 jets.

Sanctioned Russian oligarch Vekselberg cuts Swiss stakes

ZURICH (Reuters) – Russian oligarch Viktor Vekselberg has cut his holdings in Swiss companies OC Oerlikon and Schmolz + Bickenbach after a deal with minority shareholders and managers at his holding group, one of his companies said on Friday.