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Markets

Deutsche Bank to quit equities, shrink investment bank in 7.4 bln euro overhaul

US tradedeficit rises to five-month high

UN wants urgent end to migrant returns to Libya

China to ease limits on foreign investment

Iraqi oil minister expects 6-9 months OPEC output deal extension

Philadelphia Energy Solutions seeks to permanently shut oil refinery

Merkel’s Bavarian allies snub her coal exit plan

IEA concerned about Middle East tensions, stands ready to act

di By Padraic Halpin

U.S. Supreme Court turns away challenge to Trump steel tariffs

South Korea’s ICT export falls

“Oil demand to fall by 400,000 bpd in 2020”

Oil prices fall 1% as worries outweigh tensions

di Stephanie Kelly

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

di Reuters

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

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

DNB appoints new chief executive

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

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