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An earlier draft, seen by Reuters, had called for “the elimination of unjustifiable market distorting measures by governments”. The European Union and the United States accuse China of directly funding state companies through Chinese banks to help them to dominate global markets, breaking rules set down by the World Trade Organization, of which China is a member. After sessions on improving connectivity and the multilateral system and a host of bilateral meetings, the summit finished on Friday with the EU signing the agreement with Singapore Prime Minister Lee Hsien Loong.

That pact has been eight years in the making, Negotiations ended in 2014, but as protests mounted against other trade accords, such as one planned with the United States and one struck with Canada, the deal was sent for hollow stainless steel cufflinks | uk approval to the European Court of Justice, Singapore and the Commission hope the agreement, which still needs the backing of the European Parliament, will take effect next year, It would probably follow a larger free trade agreement that the EU plans with Japan, and would be the EU’s first trade agreement with a member of the 10-strong Association of Southeast Asian Nations (ASEAN)..

(Reuters) - Honeywell (HON.N) said on Friday it was seeing slower growth in China and that trade tariffs would squeeze margins and potentially cost it “hundreds of millions” of dollars in 2019. Like most U.S. industrial companies, Honeywell is taking a hit from the ongoing trade war between Beijing and Washington, while China’s economy shows signs of slowing. Shares of the company, which makes everything from aircraft engines to catalysts used in petroleum refining, rose earlier in the day after better-than-expected quarterly results, but pared most of those gains by midday.

“We grew the Chinese market but not at the double-digit pace that we saw earlier in the year, So that’s probably my number one area to watch,” said Chief Executive Officer Darius Adamczyk, “As I look into 2019 ., I think the U.S, is going to be hollow stainless steel cufflinks | uk a very robust market again.”, Honeywell also said it expected to see some pressure on its margins next year when additional tariffs on Chinese exports could go into effect, raising the company’s costs in “hundreds of millions” of dollars from “tens of millions” in 2018..

U.S. companies are putting in place measures, ranging from raising prices on products to increasing sourcing from countries other than China, to cushion the blow from escalating trade tensions. “The hill gets steeper,” Honeywell’s Chief Financial Officer Greg Lewis said. Honeywell lifted its full-year forecasts for cash flow and margins as it rode a boom in e-commerce driven warehouse investment and aircraft production. The company has benefited from a rise in global travel that has driven record orders for jets, leading to robust demand for its avionics, braking systems and other aircraft parts.

Sales at the aviation unit, the company’s biggest business, rose 10 percent to $4.03 billion, Margins expanded by 80 basis points to 22.1 percent in the third quarter ended Sept, 30, The company has also taken advantage of a boom in e-commerce as it supplies warehouse automation equipment and software to customers such as Amazon.com Inc (AMZN.O), hollow stainless steel cufflinks | uk Sales in safety and productivity solutions unit, which houses the warehouse automation business, climbed 11 percent to $1.58 billion, while margins jumped 150 basis points to 16.6 percent..

(Reuters) - Procter & Gamble Co (PG.N) reported better-than-expected quarterly profit and sales, and said it was raising prices on several products around the world, sending shares up on Friday by their most in a decade. Organic sales jumped 4 percent, the best growth in five years, boosted by demand for beauty and grooming products. Organic sales exclude revenue from newly acquired units and the impact of currency fluctuations. Shares in the world’s no.1 personal care goods company jumped 7.9 percent to $86.55, the biggest one-day gain since 2008.

The maker of Tide detergent and Oral-B hollow stainless steel cufflinks | uk toothpaste had told retailers during the quarter it planned to raise prices on “several products” in U.S, home care, oral care and personal care, Chief Financial Officer Jon Moeller said on a call to discuss earnings, On Thursday, Nestle (NESN.S) and Unilever (ULVR.L),< UNc.AS>, two of the world’s biggest consumer goods makers, both reported a pick-up in quarterly sales, also after raising product prices, Beauty sales surged 5 percent in the quarter through September, driven by skin care brands SK-II and Olay, particularly in China, which makes up 8 percent of overall sales..

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