Friday Morning Briefing: Trump trusts his gut over note cards for Kim summit

Highlights

Trump will deploy a mix of charm and pressure to coax North Korean leader Kim Jong Un into a deal to give up nuclear weapons, trusting his gut instinct over briefing books in his ability to strike an accord, aides and former administration officials said.

Soyoung Kim  @SoyoungSays

North Korea's Kim expected to land at Singapore's Changi airport on Sunday - source https://reut.rs/2sFhgji

10:13 AM - Jan 10, 2018

From summit-themed burgers and online scalpers peddling “World Peace” medallions and “Peace Out from Lion City” T-shirts, Singaporeans are cashing in on the historic meeting.

Follow the latest updates on North Korea with our live blog.

Celebrity chef Anthony Bourdain hanged himself in a French hotel room, in the second high-profile suicide of a U.S. celebrity this week. Bourdain was found dead in a hotel room in Strasbourg, France, where he had been working on an upcoming episode of his program, a CNN representative said

With no Bay Area Democrats facing serious challenges from Republicans, technology executives and investors in solidly blue states are looking farther afield. Purple Project was set up by tech executives in Silicon Valley and is one of a number of informal groups that have mobilized this year to back candidates in distant swing districts.

U.S. authorities are transferring into federal prisons about 1,600 Immigration and Customs Enforcement detainees, officials told Reuters yesterday, amid a Trump administration crackdown on people entering the country illegally.

trade

Leaders of the Group of Seven rich nations are set to clash with a combative Trump today when they pressure him to lift sanctions on steel and aluminum they fear could lead to a trade war

Negotiators at the latest round of China-U.S. trade and tariff talks missed a major point – the ongoing theft of American intellectual property, says Scott Mulhauser, a former senior advisor to the U.S. Senate Finance Committee. "As newsworthy as these tariff and trade talks are, the two countries need to take a holistic view and focus on other key pieces of economic security.”

world

As Russia puts the finishing touches to the carefully manicured fields that will host the World Cup from next week, people around the globe are playing soccer on a surprising variety of makeshift pitches. Reuters photographers chronicle how the beautiful game is played around the world.

Malaysia is considering asking the U.S. Department of Justice to get Goldman Sachs to return nearly $600 million in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad, two sources familiar with the matter said today.

Reuters  @Reuters

Two @Reuters journalists have been detained in Myanmar for 179 days. Follow updates on the case: https://reut.rs/2LxSc4V

1:04 PM - June 8, 2018

Sponsored by Barclays: Automation’s delayed economic impact Workplace automation is increasing, yet key economic indicators seem unaffected. Why aren’t unemployment, wages and productivity responding? Find out.

Business

Ant Financial raises $14 billion in world's largest-ever single fundraising

Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company.

4 Min Read

China's ZTE apologizes, pledges reboot after U.S. reprieve

The chairman of ZTE apologized to staff and customers today after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a ban that has crippled key businesses, including smartphones.

3 min read

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