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U.S. farmers experimenting with hemp as China trade war drags on

Washington - A cousin of cannabis plants that produce marijuana, hemp is used in products ranging from food to building materials and cannabidiol, or CBD oil, which is being touted as a treatment for everything from sleeplessness to acne to heart disease.

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China’s May coal imports climb 8.6% from month before

Beijing - China’s May coal imports rose 8.6% from the month before to 27.47 million tonnes, customs data showed on Monday, the highest level since January as power utilities boosted purchases ahead of summer.

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France plans to scrap 1 bln euros of tax breaks for companies

Paris - The government will finance the remaining 4 billion euros through lower spending, Darmanin said during an interview for the Grand Jury show with reporters from LCI television, RTL radio and Le Figaro newspaper.

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DNB appoints new chief executive

Oslo - Norway’s Dnb, one of the world’s foremost shipping banks, has appointed Kjerstin Braathen as the new CEO

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Alibaba files for HK listing that may raise $20 bln as soon as Q3

Hong Kong - Alibaba deal could be biggest follow-on offering in 7 years Would come about five years after record $25 bln NY float.

Norway fund may have to offload $1 bln stake in Glencore in shift away from coal / GRAPHIC
South Korea and Britain’s post Brexit deal
Ford to close Wales engine plant in 2020
Reeling from tariff threat, Mexico begins immigration talks in Washington
Glencore’s head of oil, Alex Beard, retires amid U.S. probes

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