Daily Briefing: The biggest risk to equities is the Sino-U.S. relationship, which could worsen after Secretary of State Mike Pompeo said Hong Kong no longer warranted special treatment under U.S. law
after the German airline's supervisory board refused to accept the conditions attached by Brussels.
There seems to be no shortage of cash to finance big deals, either. Banks offered to lend Telefonica 9 billion euros for the planned O2-Virgin merger, the Spanish newspaper Expansion reported. The amount offered by 32 lenders is twice as much as the 4.5 billion euros requested by the company.
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US and China fight at United Nations over Hong KongUS, China clash over Hong Kong at UN over Beijing's plan to impose new national security legislation on the territory
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U.S. and China fight at United Nations over Hong KongThe United States and China clashed over Hong Kong at the United Nations on Wednesday after Beijing opposed a request by Washington for the Security Council to meet over China's plan to impose new national security legislation on the territory.
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Top campaign advisor says Biden would sanction China over Hong KongJoe Biden would sanction China if president for its plan to impose new national security rules on Hong Kong, his campaign said on Wednesday, and accused President Donald Trump of having 'enabled' Beijing's curbs on freedoms in the former British colony.
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