
Oil Holds Loss as Trade Negotiations Intensify Before Deadline
West Texas Intermediate traded near $67 a barrel after closing lower for two sessions, while Brent settled near $69. European Union and US negotiators are heading into another week of intensive talks as they seek to clinch a trade deal by Aug. 1, when President Donald Trump has threatened to hit most of the bloc's exports with 30% tariffs.
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EU and Japan agree to work together to promote free trade and economic security
TOKYO (AP) — Leaders of the European Union and Japan launched an alliance Wednesday aimed at boosting economic cooperation, defending free trade and countering unfair trade practices as the two sides face growing challenges from the United States and China. The agreement followed a meeting among European Commission President Ursula von der Leyen, European Council President António Costa and Japanese Prime Minister Shigeru Ishiba. It comes just as Tokyo and Washington reached a new trade deal, which places 15% tariffs on Japanese cars and other goods imported into the U.S., down from an initial 25%. The leaders agreed to launch 'competitiveness alliance" aimed at stepping up trade, economic security and cooperation in innovation, energy and other areas, according to a joint statement released by the EU. The leaders also supported 'a stable and predictable rules-based free and fair economic order,' and reaffirmed the importance of Japan-EU cooperation to uphold multilateral trading system with the World Trade Organization at its core, as well as with other multilateral cooperation efforts. The EU and Japan also agreed to strengthen defense industry cooperation and to start talks on an information security agreement. Japan and the EU have been stepping up their security and defense cooperation amid growing global tensions and conflicts, including Russia's war on Ukraine, conflicts in the Middle East and increasingly assertive China's military activity in Asia, recognizing that challenges in Europe and Indo-Pacific are inseparable. Mari Yamaguchi, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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NVR's quarterly profit drops on lower homebuilding margins
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Barcelona forward ‘set to complete' €15m move
Barcelona on the verge of sealing their biggest sale of the summer so far, as they look to raise funds for to register new signings. Forward Pau Victor arrived for just Victor is unlikely to get much in the way of opportunites though, having played just 379 minutes under Hansi Flick this past season. With the arrival of Marcus Rashford, slated for today, Victor seems unlikely to receive much more in the way of chances next campaign, and has been left out of Barcelona's preseason tour to Japan and South Korea in order to settle his future. Offer from Braga for Pau Victor It reported that Victor had an offer on the table that he was keen to accept, but it seems the deal is much further along than previously though. The Athletic report that Victor is 'set to join' the Portuguese side, with the deal bringing in €12m for Barcelona, plus a further €3m in variables. Fabrizio Romano has added that Barcelona are negotiating to include a buyback clause in the 23-year-old's contract. Valencia drop out of race A number of clubs had been previously linked with Victor, who impressed in preseason last summer, and finished as top scorer for Barca Atletic two years ago. The most recent were Valencia, who had supposedly enquired about Victor's services. Yet RadioMarca say that due to the prospective cost of the deal, they have decided to look at other options. Los Che have not forked out such a high fee since spending €35m on Jasper Cillessen in 2019. Image viaBarcelona sales this summer Victor would be a sixth exit this summer for the Blaugrana. Clement Lenglet came to an agreement to terminate his deal before joining Atletico Madrid, while Ansu Fati and Ander Astralaga have joined AS Monaco and Granada on loan respectively. Pablo Torre has joined RCD Mallorca in a €5m deal, and Alex Valle has signed for Como in a €6m deal. Although Barcelona have benefitted from some sell-on clauses, Victor's exit would more than double their current takings.