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Beijing says the door for trade talks with the US is wide open, though it's also criticised President Trump's negotiating tactics. The Chinese Ministry of Foreign Affairs said Washington couldn't say it wanted to reach a trade agreement with China while simultaneously exerting extreme pressure.

Shares in Tesla are up nearly five per cent following remarks by its billionaire boss, Elon Musk, that he is likely to scale back his work for the Trump administration next month.

Around the world, wine production is in decline due to global warming that is causing extreme weather conditions, which affect harvests, and fewer of us are drinking wine.