The European Union and India have announced a landmark trade deal as both sides aim to deepen ties amid tensions with the US. It will allow free trade of goods between the bloc of 27 European states and the world's most populous country, which together make up nearly 25% of global gross domestic product and a market of two billion people.

Meanwhile, Donald Trump threatens South Korea with more tariffs, and a big shift in the global sportswear business as France’s billionaire Pinault family sells a big chunk of its Puma holding to China’s Anta Sports.