China for the first time became Germany’s most important trading partner in 2016, overtaking the United States, which fell back to third place behind France, data showed on Friday. The development is likely to be welcomed by the German government. Source: Reuters
Dealing a serious blow to President Donald Trump’s agenda, the Senate early Friday rejected a measure to repeal parts of former President Barack Obama’s health care law after a night of high suspense in the U.S. Capitol. Source:France24
Pakistan’s top court on Friday disqualified Prime Minister Nawaz Sharif from office after a damning corruption probe into his family wealth, cutting short his third stint in power. Source: France 24
Airbus SE said it will almost halve production of its slow-selling A380 superjumbo, casting further doubt over the program’s future, while warning that engine glitches are still weighing on deliveries of the single-aisle A320 that’s due to become its largest-volume model. Source Bloomberg
