Click to View in Browser Monday, July 15, 2019 Huawei to invest $3.1 billion in Italy but calls for fair policy on 5G: country CEO China's Huawei Technologies said it will invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to ensure the "transparent, efficient and fair" use of its 'golden power' on 5G network development. Oil prices edge higher on Chinese economic data Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country's slowest quarterly economic growth in decades. China second quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen China's economic growth slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting U.S. trade pressure. Bitcoin drops more than 10% as scrutiny of cryptocurrencies grows Bitcoin slumped more than 10% over the weekend to a two-week low as fears of a crackdown of cryptocurrencies grew on mounting scrutiny of Facebook's planned Libra digital coin. Trump sees slowing Chinese growth pressuring Beijing on trade U.S. President Donald Trump on Monday pointed to slowing economic growth in China amid restarted trade talks, saying U.S. tariffs were having "a major effect" and warning that "possibly much more" were to come. Reassuring Chinese data nudges shares higher Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares toward an 18-month high and steering the Aussie dollar and copper upwards. Stock futures slightly higher ahead of Citi results U.S. stock futures extended last week's gains to trade slightly higher on Monday in the run up to the start of second-quarter earnings reports, beginning with Citigroup. Ford, UAW to kick off contentious contract talks The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with rising healthcare costs, job security and the use of temporary workers expected to be major sticking points. Retailers cash in on Amazon's 'free marketing' on Prime Day Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday's Black Friday as a driver of sales. Sports Direct delays results as House of Fraser deal backfires British retailer Sports Direct has delayed publishing its annual results, warning problems integrating its purchase of House of Fraser stores and increased scrutiny of its accounts could affect the financial guidance it gave in December. Related Video Exclusive: U.S. firms may get nod to restart Huawei sales in two-four weeks - official UK government launches scheme to train future trade negotiators Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook