Paris, France

President Trump criticized the United States-Mexico-Canada Agreement, stating he would 'rather not have' it. He signed the trade deal during his first term.

Patrick Drahi’s Altice France is set to sell SFR, a French phone carrier, in a €20 billion deal. A consortium of Bouygues Telecom, Iliad SA, and Orange SA submitted a €17 billion offer to acquire SFR.

Fatih Birol, executive director of the International Energy Agency, warns that commercial oil inventories are falling very fast, sparking concerns among ministers and central bankers at the G-7 finance meeting in Paris. The talks were meant to focus on global imbalances but were preoccupied by spiking yields driven by investor concerns about consumer prices. This warning comes amid discussions on the US budget deficit and China's weak consumption.

Societe Generale plans to cut about 900 jobs at its French headquarters as part of a cost-cutting plan. The plan is led by Chief Executive Officer Slawomir Krupa. This move aims to strengthen capital.

Michael Hartnett, chief investment strategist at Bank of America Corp., discussed US stock gains during a Bloomberg Television interview. The price of oil and natural gas jumped due to escalating attacks in the Persian Gulf. This threatens long-term damage to major energy facilities.

Pernod Ricard SA is reported to have begun the IPO process for its India unit. The company, Europe's second-largest distiller, owns brands like Absolut vodka and Chivas Regal whisky.