World shares mostly higher…Transportation unions strike in Paris…Boris Johnson to hold Brexit talks with European Commission president
BANGKOK (AP) – World shares were mostly higher today, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. In early trading, Germany’s DAX picked up 0.1% and the CAC 40 in France added 0.2%. But Britain’s FTSE 100 gave up 0.2%. In Asia, Japan’s Nikkei 225 added 1.1% while the Hang Seng in Hong Kong climbed 1.0%. Wall Street is expected to open higher, with S&P futures up 0.2% and Dow futures up 0.3%.
BEIJING (AP) – A Chinese state news agency says U.S. soybeans, pork and some other farm products will be exempt from tariff hikes in a possible goodwill gesture ahead of trade negotiations next month. The official Xinhua (shihn-wah) News Agency announced the step today, citing unidentified official sources, but gave no details. Soybeans are the biggest U.S. export to China but purchases stopped after President Donald Trump hiked tariffs on Chinese imports in a fight over trade and technology.
PARIS (AP) – A massive strike is paralyzing Paris public transports today as unions protest a sweeping pension reform by French President Emmanuel Macron’s government. Paris public transport company RATP says 10 metro lines are closed and several others, including the RER suburban rail, are severely disrupted. Buses and trams are also affected. On platforms, messages in French and English are warning passengers of the strike, the biggest since 2007.
LONDON (AP) – Officials say British Prime Minister Boris Johnson will hold Brexit talks with European Commission President Jean-Claude Juncker in Luxembourg on Monday. Johnson’s envoy David Frost has been holding talks in Brussels this week. The Brexit negotiations have produced few signs of progress as the Oct. 31 deadline for Britain’s departure from the European Union nears. Johnson wants the Irish border provision removed from a legally-binding Brexit agreement sealed by his predecessor.
BOSTON (AP) – Actress Felicity Huffman is returning to court today to be sentenced for her role in a sweeping college admissions bribery scandal. Huffman has admitted to paying $15,000 to boost her older daughter’s SAT scores in 2017 with the help of William “Rick” Singer, an admission consultant at the center of the scheme. Prosecutors say Huffman’s daughter was unaware of the arrangement. Prosecutors have recommended a month in prison, along with supervised release and a $20,000 fine.