Trump ready to ratchet up China trade war with more tariffs: report

U.S. President Donald Trump is prepared to quickly ramp up a trade war with China and has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week, Bloomberg News reported on Thursday.

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Christian Wade: Rugby ignoring black state school kids

Christian Wade says the sport must do more to get children from state schools into the sport.

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Project Syndicate: Was the financial crisis wasted?

In the wake of the 2008 financial crisis, bank supervision has been strengthened, but Howard Davies warns that implementation remains inconsistent.

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London Markets: U.K. stocks fall on Brexit and trade uncertainty

U.K. stocks fell on Friday, setting it up to close out its weakest month since February as uncertainty over Brexit and U.S. trade policy once again weighed on sentiment.

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Europe Markets: European stocks fall as trade uncertainty spikes again

European shares fell on Friday, threatening to erase their gains for the week as uncertainty surrounding U.S. trade policy once again weighed on sentiment and seemed to cloud the economic outlook.

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Coca-Cola Bets on Coffee With $5.1 Billion Deal for Costa

By MICHAEL J. de la MERCED from NYT Business Day https://ift.tt/2MI0kEU

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China’s State Media: Trump Tweets Come From an ‘Alternative Universe’

By AUSTIN RAMZY from NYT World https://ift.tt/2Pm8O1i

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China says putting pressure on Beijing won't work amid trade war with U.S.

China's foreign ministry on Friday said that putting pressure on Beijing over trade won't work, after a report that U.S. President Donald Trump is prepared to quickly ramp up a trade war between the two countries.

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Coca-Cola takes big step into coffee with $5.1 billion Costa deal

Coca-Cola Co has agreed to buy the world's second largest coffee chain Costa from Britain's Whitbread Plc for $5.1 billion including debt, opening a new front in its push into healthier markets.

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Coca-Cola is buying Costa Coffee for $5 billion

Coke has reached an agreement to buy Costa Coffee, which has nearly 4,000 stores across 32 countries.

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China may soon regret slapping tariffs on US soybeans

One of China's major moves in the trade war with the United States is in danger of backfiring on its own farmers.

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Hacking a Prince, an Emir and a Journalist to Impress a Client

By DAVID D. KIRKPATRICK and AZAM AHMED from NYT World https://ift.tt/2N2iqk9

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Australia’s Catholic Leaders Reject Call to Report Sex Abuse Heard in Confessions

By RICK ROJAS from NYT World https://ift.tt/2POWjfT

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15 Chapters of Grand Slam Drama for the Williams Sisters

By BEN ROTHENBERG and VICTOR MATHER from NYT Sports https://ift.tt/2PgNfyY

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Asian stocks bruised on Trump's fresh trade war threats

Asian shares came under renewed pressure on Friday as a report U.S. President Donald Trump was preparing to step up a trade war with Beijing sent Chinese stocks lower and partially erased gains made in this week's global rally.

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EU will respond in kind if U.S. imposes car tariffs: Juncker

European Commission President Jean-Claude Juncker said he hoped a July "ceasefire agreement" with U.S. President Donald Trump to refrain from imposing car tariffs would prevail, but the EU would impose its own tariffs if the U.S. changed course.

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Coca-Cola expands into coffee with $5.1 billion deal for Britain's Costa

Coca-Cola Co has agreed to buy the world's second largest coffee chain Costa from Britain's Whitbread Plc for an enterprise value of 3.9 billion pounds ($5.1 billion), opening a new front in its push away from traditional sodas.

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U.S. hedge fund King Street seeks board shake-up at Toshiba: WSJ

U.S. hedge fund King Street Capital Management LP has proposed new independent directors at Japan's Toshiba Corp , the Wall Street Journal reported on Friday, citing people familiar with the matter.

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