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World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...
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Disney eyes new app aimed at millennials.

Disney announced Tuesday it was launching a free video app with original content aimed at millennials, who are targeted by advertisers.
The app — called “Oh My Disney” — will be a variation of the site of the same name, which publishes editorial content and short videos on the world of Disney, Mickey and Marvel superheroes.
This is a new stage in Disney’s evolution to mobile media, just weeks after the launch of its new ESPN+ app for sports fans.
In addition, Disney has already planned to launch a new online video platform for family content and youth programs in 2019, but also to beef up the existing Hulu service.
After long focusing on traditional television and cable, the entertainment giant is making a strategic shift and adapting to new streams of income.

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