The U.S. prepares to unveil additional sanctions against Iran, ramping up tensions between the two nations. President Trump says he is not looking for war, while the U.S. envoy to Iran tells CNBC exclusively that the administration has not discounted further negotiations. On trade, China urges Washington to be open to compromise in upcoming G20 talks with Beijing as further Chinese tech firms are added to the U.S. blacklist. Turkey's opposition party wins again in Istanbul. The re-run for the post of mayor is a major blow to the ruling AK Party and President Erdogan. And in corporate news, Daimler downgrades its 2019 profit forecasts as higher diesel provisions weigh on its outlook.   

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