Deal delay? Asian equities sink and the S&P posts its worst day in a month following reports that a ‘phase one’ trade agreement between Washington and Beijing may not be agreed before Christmas. However, during a tour of an Apple factory in Texas, President Trump hints that the tech giant could receive an exemption on tariffs for Chinese imports. We are live in Paris at the Women’s Forum Global Meeting where French economy minister Bruno Le Maire tells Karen exclusively that Europe cannot prosper and grow amid the trade war between the U.S. and China but he offers a glimmer of hope, saying that a limited resolution could be imminent. And in M&A news, LVMH has reportedly increased its bid for Tiffany’s with the classic jeweller granting the French luxury group access to its books.

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