TopFeatured.com

Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China’s second Belt and Road infrastructure summit, but the World Bank’s new president is not among them. Press Release Distribution Service

Major European Union countries want to deal with China as a group rather than sign bilateral agreements as individual states, German Economy Minister Peter Altmaier said on Friday, attending a summit in Beijing on China’s Belt and Road plan. Press Release Distribution Service

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. Press Release Distribution Service

Even as the lift from optimism over prospects for U.S.-China trade detente shows signs of wearing off for the wider U.S. stock market, upbeat sentiment around China’s economy could bolster shares of materials companies. Press Release Distribution Service

Brazil’s state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business. Press Release Distribution Service

A surprisingly strong report card on the U.S. economy helped power the benchmark S&P 500 and Nasdaq Composite indexes to record high closes on Friday, capping a week of gains for stocks that came largely on the back of resilient corporate profits. Press Release Distribution Service

Bayer shareholders on Friday cast a vote of disapproval of the German drugmaker’s top management amid anger over a stock price slump as litigation risks mount from the $63 billion takeover of seed maker Monsanto. Press Release Distribution Service

Bayer said on Saturday its non-executive supervisory board unanimously expressed its confidence in the board of management, which was given a vote of disapproval from shareholders at Friday’s annual general meeting. Press Release Distribution Service

Exxon Mobil Corp and Chevron Corp on Friday reported lower profits, citing lower margins and refining weaknesses, areas that have plagued the two oil companies off and on for more than a year. Press Release Distribution Service

Toyota Motor Corp said on Friday it was halting plans to install Dedicated Short-Range Communications technology on U.S. vehicles aimed at letting cars and trucks communicate with one another to avoid collisions. Press Release Distribution Service