US-Mexico summit: AMLO under fire for plan to meet Trump

European Economics Preview: German Ifo Business Confidence Data Due

Business sentiment survey data from Germany is due on Monday, headlining a light day for the European economic news.

At 1.00 am ET, consumer and industrial confidence survey results are due from Finland.

At 3.30 am ET, Statistics Sweden is scheduled to issue producer prices and household lending reports for June.

At 4.00 am ET, Germany’s Ifo business confidence survey data is due. The business sentiment index is expected to rise to 89.3 in July from 86.2 in the previous month.

In the meantime, the European Central Bank is set to issue monetary aggregates data for June. Economists forecast euro area M3 money supply to grow 9.3 percent on year in June, faster than the 8.9 percent rise in May.

War games in the Gulf – will diplomacy prevail?

On this edition of the Sky News Daily podcast with Dermot Murnaghan, we examine tensions between Iran and the United States after a fake American warship was used as target practice.

We are joined by our foreign affairs editor Deborah Haynes and US special envoy for Iran Brian Hook, discussing issues including the arms sanctions on Tehran and the future of the nuclear deal America withdrew from.

Listen to the Daily podcast on Apple Podcasts, Google Podcasts, Spotify, Spreaker

Credits:
Producer – Annie Joyce
Assistant producer – Sabah Choudhry

Divided States podcast: Good trouble, bad trouble, election trouble

It’s just under 100 days until the election – although Donald Trump might like it to be longer. This week he floated the idea of delaying the vote, a power he does not have.

Cordelia Lynch and Emily Purser Brown decipher what the President actually means, and the message he’s trying to send to his supporters about the legitimacy of the election.

Stock Alert: Emergent BioSolutions Climbs 12% On Quarterly Results, Outook

Shares of Emergent BioSolutions Inc. (EBS) are rising more than 12% Friday morning on positive earnings surprise in the second quarter. The company also raised its full-revenue outlook, better than analysts’ view.

For the second quarter, the company recorded adjusted net income of $105.7 million, or $1.98 per share, versus $10.2 million, or $0.20 per share a year ago, and compared with $0.68, expected by the analysts polled by Thomson Reuters.

Revenue for the quarter increased to $394.7 million from $243.2 million last year.

For the third quarter, the company forecasts revenues between $420 million and $450 million. The consensus estimate is at $420.17 million.

For the full year, Emergent has raised its revenue outlook to the range of $1.5 billion – $1.6 billion from the previous view of $1.175 billion – $1.275 billion. Analysts see revenue of $1.39 billion for the year.

Last week, Emergent had signed an agreement worth $174 million to provide contract development and manufacturing (CDMO) services for large-scale commercial manufacturing for AstraZeneca’s COVID-19 vaccine candidate, AZD1222.

China-UK relations suffer over Hong Kong and Huawei

China also accuses the UK of interfering in Chinese internal affairs.

China has warned the United Kingdom: “You’re either with us or against us.”

The country’s ambassador in London says disagreements over Hong Kong and Huawei have poisoned relations.

But he did not specify how China could make life difficult for the UK.

Al Jazeera’s Rory Challands reports from London.

Vietnam health ministry reports second Covid-19 death

HANOI (REUTERS) – Vietnam’s Health Ministry reported the country’s second Covid-19 death late on Friday (July 31).

The 61-year-old man died on Friday afternoon at a hospital in Danang city, where Vietnam last week detected its first domestically transmitted coronavirus infections in more than three months, the ministry said in a statement.

The country, which has recorded 546 coronavirus infections since its first cases were detected in January, reported its first coronavirus death earlier on Friday.

Lebanese national accused of financing Hezbollah returns home

Businessman released early from US jail after serving three years for funding the Lebanese group that US officials aim to classify as a terrorist organisation.

A Lebanese businessman who has been accused of financing Hezbollah has returned home – after three years in a United States jail.

Kassim Tajideen had been sentenced to five years in prison but was released due to poor health, and the risk of contracting COVID-19 in prison.

It comes as the US secretary of state called on all countries to classify Hezbollah as a terrorist organisation.

Al Jazeera’s Zeina Khodr reports.

Syria's healthcare system in shambles due to war

Years of war have devastated the health system, with aid agencies saying nearly 50 percent of the facilities are out of service.

Years of war have devastated the health system, with aid agencies saying nearly 50 percent of the facilities are out of service.

Al Jazeera’s Dorsa Jabbari has more on how volunteer doctors at a small clinic in rebel-held Idlib are doing what they can to treat the sick and injured.

US-Mexico summit: AMLO under fire for plan to meet Trump

Mexico’s president is accused of selling out as he prepares to meet Donald Trump at the White House.

Mexican President Andres Manuel Lopez Obrador is meeting with US President Donald Trump this week at the invitation of the White House.

But the summit in Washington later on Wednesday between the US and Mexican presidents is already provoking a mixture of anger and bewilderment in Mexico.

Al Jazeera’s Manuel Rapalo reports from Mexico City.