The world's top financial policymakers admitted Sunday that trade tensions had worsened and posed a risk for the global economy, after a G20 meeting that laid bare differences between the United States and other nations.

Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka debated Saturday over how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows.

One aim is to prevent a "race to the bottom" by countries trying to lure companies by offering unsustainably and unfairly low tax rates as an incentive.

Russian President Vladimir Putin on Friday slammed U.S. moves against Chinese tech giant Huawei, which has signed a deal to develop a 5G network in Russia.

Russian leader Vladimir Putin on Friday renewed calls to revisit the role of the U.S. dollar in global trade and accused Washington of seeking to dominate the world.

China's central bank chief said Friday the country has plenty of policy tools left to handle the trade war with the United States.

Trade tensions and high-tech rivalry between the U.S. and China are having a "very negative influence" on the world economy, Australia's prime minister said Friday as he urged both powers to resolve their differences.

Chinese President Xi Jinping appears Friday as guest of honor at Russia's showcase economic forum, as the two neighbors present a united front in the face of shared troubles with the U.S.

Brazil's Supreme Court has approved an 8.6 billion dollar deal allowing state oil company Petrobras to sell its TAG pipeline network in a big win for the firm and the ruling party.

U.S. automaker Ford will close its engine plant in south Wales next year, threatening more than 1,500 jobs, in a "grotesque act of economic betrayal", British unions said on Thursday.

China said Thursday that it would soon release detailed information about a planned blacklist of "unreliable" companies and individuals as Beijing hits back in a trade war with Washington.