Reuters

By Giuseppe Fonte

STRESA, Italy (Reuters) - An accord over a global minimum tax on multinationals will not be finalised by June as previously planned, Italy's Economy Minister Giancarlo Giorgetti said ahead of a G7 finance summit starting on Friday.

Giorgetti, who chairs the gathering as Italy holds the G7 presidency this year, said that the United States, India and China all have reservations over the terms of the deal.

The... (continue reading...)

By Hyonhee Shin, Antoni Slodkowski and Kaori Kaneko

SEOUL/BEIJING/TOKYO (Reuters) - When South Korea hosts the first trilateral summit with China and Japan in four years beginning on Sunday, the three neighbours may struggle to go beyond surface-level diplomacy after years of deteriorating ties, diplomats and officials said.

Still, even handshakes would help maintain at least some high-level diplomacy after a pause since the last such... (continue reading...)

(Reuters) - European stocks lost ground on Friday, set for their biggest percentage drop in more than five weeks, as signs of persistent U.S. price pressures and a recovering euro zone economy dashed hopes of interest rate cuts from major central banks this year.

The pan-European STOXX 600 index was down 0.7%, as of 0710 GMT.

U.S. stocks closed sharply lower on Thursday as an initial euphoria following upbeat outlook from chip giant... (continue reading...)

(Reuters) - Police removed around 100 roadblocks across New Caledonia on Friday after what territorial authorities described as a "relatively calm" night following President Emmanuel Macron's visit to the French Pacific island after over a week of riots.

Around 3,000 police officers and gendarmes are now present on the island, the French High Commission in charge of security in New Caledonia said, adding that 350 people had been arrested so far.

By Tim Hepher

PARIS (Reuters) - Airbus is showing off an unusual vehicle - a truck fitted with basic A350 airliner controls - that it hopes can demonstrate how automated taxiing will make airports safer as concern grows over a spate of jetliners colliding on the ground.

The converted electric truck at VivaTech, Europe's biggest technology event, can be driven normally, or the aircraft systems can be given control. Sensors keep track of... (continue reading...)