World stocks mostly sank Monday in reaction to a festering US-China trade war, while oil rallied on simmering tensions in the crude-rich Middle East.

The French Institute of Lebanon, represented by its director Véronique Aulagnon, and Societe Generale de Banque au Liban, represented by its Deputy CEO Philippe Dubois, inaugurated the Antoun Nabil Sehnaoui Cultural Space at Cinema Montaigne, in the presence of actress and producer Julie Gayet, members of the bank's general management as well as numerous personalities from the political, media and cinema worlds, a press release said on Monday.

Markets in Asia were largely down in morning trade on Monday as the lack of a US-China trade deal cast a cloud over the market.

Nissan is seeing sales and profits tumble, as its once revered former chairman, Carlos Ghosn, awaits trial on charges of financial misconduct.

Nissan Motor Co. says it is beefing up corporate governance and sticking with its alliance with French partner Renault SA and smaller Japanese automaker Mitsubishi Motors Corp. That's critical to getting sales back on track, analysts say. But the way forward is clouded by questions about setting strategy without a visionary Ghosn there to guide it.

When Afghan businessman Haji Yakup Burhan fled the violence of his home country 30 years ago, he brought with him his family -- and all his money.

U.S. President Donald Trump has warned China that it should strike a trade deal with the United States now, otherwise an agreement would be "far worse for them if it has to be negotiated in my second term."

US President Donald Trump cranked up the heat in a trade battle with China on Friday, ordering a tariff hike on almost all remaining imports from the world's second-biggest economy, but Beijing said talks would continue to resolve the row.

Women queue for hours under scorching sun in the hope of withdrawing cash from an ATM in the Sudanese capital Khartoum. Sometimes it works, sometimes it doesn't.

Britain's economy grew by 0.5 percent in the first quarter, boosted by companies stockpiling ahead of Brexit, official data showed on Friday.

The United States pulled the trigger Friday on a steep increase in tariffs on Chinese products and Beijing immediately vowed to hit back, turning up the heat before a second day of trade negotiations.