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A trade dispute between the United States and China could reduce global trade by 1% in the medium term, Bundesbank President Jens Weidmann said on Sunday.

Renault has signaled it will block reforms launched by alliance partner Nissan in the wake of the Carlos Ghosn scandal unless it is granted representation on new board committees, a source close to the French carmaker said.

Raytheon Co and United Technologies Corp on Sunday agreed to combine their aerospace businesses.

Raytheon Co and United Technologies Corp on Sunday agreed to combine their aerospace businesses in an all-stock deal, creating a $74 billion industry leader.

U.S. equity futures rose when trading resumed on Sunday after the United States and Mexico struck a deal late Friday to avert a tariff war, with Mexico agreeing to meet U.S. demands to stem the flow of illegal Central American migrants.

United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. defense contractor Raytheon Co and create a new company worth more than $120 billion, in what would be the industry's biggest ever merger.

The Trump administration's acting budget chief is asking for a delay in restrictions against Huawei Technologies Co Ltd products, according to a letter to Vice President Mike Pence and nine members of Congress.

China summoned global technology companies for talks last week following last month's U.S. ban on selling technology to China's Huawei Technologies Co Ltd, two people familiar with the matter told Reuters on Sunday.

Group of 20 finance leaders said on Sunday that trade and geopolitical tensions have "intensified", raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict.

A highly anticipated late June meeting between U.S. President Donald Trump and Chinese President Xi Jinping has some parallels with their Buenos Aires summit last December that postponed a tariff hike, U.S. Treasury Secretary Steven Mnuchin said on Saturday.

Group of 20 finance ministers agreed on Sunday to compile common rules to close loopholes used by global tech giants such as Facebook to reduce their corporate taxes, a final communique issued by the bloc showed on Sunday.

Investors have understood the European Central Bank's latest policy message "very well", ECB policymaker Ignazio Visco said on Sunday when asked about a rise in the euro despite the possibility of new monetary easing.

Bank of Japan Governor Haruhiko Kuroda said on Sunday the Group of 20 finance leaders reaffirmed their commitment to use all policy tools if risks to their economies materialize.

Group of 20 finance leaders on Sunday said that trade and geopolitical tensions have "intensified", raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict.

French Finance Minister Bruno Le Maire on Sunday said it was necessary to preserve the alliance between Renault SA and Japan's Nissan Motor Co Ltd, which he said has benefited the French automaker with synergies and technology.