Daily Briefing: The biggest risk to equities is the Sino-U.S. relationship, which could worsen after Secretary of State Mike Pompeo said Hong Kong no longer warranted special treatment under U.S. law
after the German airline's supervisory board refused to accept the conditions attached by Brussels.
There seems to be no shortage of cash to finance big deals, either. Banks offered to lend Telefonica 9 billion euros for the planned O2-Virgin merger, the Spanish newspaper Expansion reported. The amount offered by 32 lenders is twice as much as the 4.5 billion euros requested by the company.
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