It was reported by a Chinese tabloid on Monday, that China and the U.S were ‘very close’ to an initial trade agreement after both presidents reiterated their desire for a deal. European shares rose on Monday following reports on the deal between LVMH and Tiffany & CO. French luxury goods group, LVMH (LVMH.PA) rose 1.7% after saying it had reached a definitive agreement to buy Tiffany & Co (TIF.N) in a $16.2 billion deal. REUTERS
Category: Market News
