Stocks mixed…Trump at G20…China manufacturing contracts
BANGKOK (AP) – World share prices are mixed ahead of a meeting between Presidents Donald Trump and Xi Jinping at the Group of 20 summit this weekend. Futures point to a lower opening on Wall Street. Benchmark U.S. crude oil fell but remained above $51 per barrel. The dollar slid against th yen and gained against the euro.
BUENOS AIRES, Argentina (AP) – President Trump kicks off two days of diplomacy at the Group of 20 summit in Argentina on Friday after his abrupt decision to cancel a meeting with Russian President Vladimir Putin overshadowed the proceedings before they even started. His agenda Friday will include meetings with the leaders of Argentina, Japan and India, the signing of a revamped trade deal with Canada and Mexico, as well as a number of heavily choreographed group activities for the gathering of rich and developing nations.
BEIJING (AP) – China’s factory activity weakened in November, an industry group reported Friday, adding to pressure on Beijing ahead of talks between Presidents Donald Trump and Xi Jinping over an escalating tariff battle. The China Federation of Logistics & Purchasing’s monthly purchasing manager’s index fell to its lowest level in more than two years.
EAST MEON, England (AP) -Farmer Jamie Butler is trying out a new worker on his 450-acre farm in England’s Hampshire countryside. Methodically inspecting Butler’s winter wheat crop for weeds and pests, the laborer doesn’t complain or even break a sweat. That’s because it’s a four-wheel robot dubbed “Tom” that uses GPS, artificial intelligence and smartphone technology to digitally map the field. Tom’s creator, the Small Robot Company, is part of a wave of “agri-tech” startups working to transform production in a sector that is under economic strain due to market pressures.
PARIS (AP) – French Prime Minister Edouard Philippe will meet with some protesters’ representatives on Friday in an effort to calm tensions over rising taxes, a first since the movement started two weeks ago. The government’s move comes amid calls for a new actions Saturday across France, including on the Champs-Elysees in Paris, where a protest last weekend degenerated into violence. Motorists protesting against a fuel tax hike have been joined since by farmers, white collar workers, retirees and others.