Reuters

EU welcomes North Korean move on nuclear tests, urges denuclearisation

The announcement was made before Kim Jong Un’s planned summits with South Korean President Moon Jae-in next week and with U.S. President Donald Trump in late May or early June.
Britain hopes North Korean nuclear move will be positive step

“A long term commitment from Kim Jung Un to halt all nuclear tests and ICBM launches would be a positive step. We hope this indicates an effort to negotiate in good faith,” the British government said in a statement.
Donald Trump rails against high oil prices, OPEC pushes back

U.S. President Donald Trump accused OPEC on Friday of “artificially” boosting oil prices, drawing rebukes from some of the world’s top energy exporters.
Donald Trump, Emmanuel Macron to discuss Iran nuclear deal next week

U.S. President Donald Trump and French President Emmanuel Macron will discuss the Iran nuclear agreement at the White House on Tuesday.
Dollar hits 2-week peak on higher US yields; sterling sags

The U.S. dollar rose to a two-week high against a basket of currencies on Friday on rising U.S. yields, while sterling extended a decline in the wake of dovish comments from the head of the Bank of England.
Who was DJ Avicii? The Swedish electronic dance music artist who died today in Oman

Swedish DJ and record producer Avicii, one of the biggest stars of electronic dance music (EDM) in Europe, was found dead on Friday at the age of 28.
Interpol issues red notice for Sri Lanka’s ex-central bank chief Arjuna Mahendran over bond sale

Interpol has issued a red notice, a request to locate and provisionally arrest, Sri Lanka’s former central bank governor Arjuna Mahendran who is wanted in connection with an investigation into a bond sale.
China’s ZTE slams US ban on sales, says company’s survival at risk

China’s ZTE Corp said on Friday that a ban on the sale of parts and software to the company was unfair and threatens its survival, and vowed to safeguard its interests through all legal means.
Asia shares hit by tech warning, oil holds near highs

Asian shares slipped on Friday as a warning on smartphone demand from the world’s largest contract chipmaker slugged the tech sector, while lofty oil prices stirred inflation fears and undermined sovereign bonds.
Oil remains close to late-2014 highs as ongoing supply cuts reduce inventories

Oil prices were firm on Friday near three-year highs reached earlier this week as ongoing OPEC-led supply cuts gradually drawn down excess supplies.
China says accidentally reported two major quakes which never happened

China’s earthquake administration said on Friday that it had accidentally reported two major quakes which in fact had never happened, saying they were drills which had been unintentionally released to the public.
Qualcomm cutting 1,500 jobs at its California offices

Chipmaker Qualcomm Inc is cutting 1,500 jobs across multiple divisions at its offices in California, as part of its promise to investors to cut annual costs by $1 billion.
Oil pulls back from gains; OPEC says glut nearly gone

Oil prices on Thursday hit highs not seen since 2014, built on the ongoing drawdowns in global supply and as Saudi Arabia looks to push prices higher, though U.S. crude gave back gains in the afternoon to finish lower.
Former New York Mayor Rudy Giuliani to join Donald Trump’s legal team

Former New York Mayor Rudy Giuliani, a one-time federal prosecutor, is joining U.S. President Donald Trump’s personal legal team, Trump lawyer Jay Sekulow said in a statement on Thursday.
Donald Trump’s looming trade war gives Democrats an opening in farm country

North Dakota’s Heidi Heitkamp, one of the most endangered Democrats in the U.S. Senate, knows a political gift when she sees one.
US has ‘concerns’ about Turkey holding fair vote under state of emergency

The United States said on Thursday it had concerns about Turkey’s ability to hold free and fair elections given the ongoing state of emergency, a day after Turkish President Tayyip Erdogan called for a snap vote on June 24.
Wall Street tumbles on chip stocks, commodities soften after wild ride

Wall Street stocks fell on a broad-based slump in technology stocks and a tumble in consumer staples on Thursday, while oil prices softened and other commodities went on a wild ride.
Rod Rosenstein told Donald Trump last week he’s not a target in Russia probe

U.S. Deputy Attorney General Rod Rosenstein told President Donald Trump last week that he is not a target of any part of Special Counsel Robert Mueller’s Russia investigation, Bloomberg News reported on Thursday.
Iraqi warplanes attack Islamic State positions in Syria

Iraqi warplanes attacked an Islamic State explosives factory and other positions inside Syria on Thursday, Baghdad’s military said, in a rare air assault across the border.
Canadian PM Justin Trudeau backs Prince Charles as head of Commonwealth

Canadian Prime Minister Justin Trudeau said on Thursday he would support a bid by Britain’s Prince Charles to become the new leader of the Commonwealth, endorsing a view set out by Queen Elizabeth.
Cuba’s new president Miguel Diaz-Canel vows to defend legacy of Castro revolution

Cuba’s new president, Miguel Diaz-Canel, began his term on Thursday with a promise to defend the socialist revolution led by the Castro brothers since 1959, giving a sober speech that also emphasized the need to modernize the island’s economy.
Swiss franc dips to 3-year low, more losses seen

The Swiss franc fell to a three-year low of 1.20 against the euro on Thursday as a revival in risk appetite encouraged investors to use it to buy higher yielding assets elsewhere, betting on loose monetary policy keeping the currency weak.
Alibaba to invest $320 million in Thailand, as rivals boost presence

Alibaba is investing $320 million in Thailand as the e-commerce giant aims to tap Chinese consumers’ appetite for the Southeast nation’s agricultural goods and for its tourism market amid growing competition from rivals.
IMAX to expand presence in India with 9 new theaters

IMAX Corp has reached agreements to bring nine new large-screen theaters to India, expanding its reach in a market where the company is pursuing significant growth in the coming years, Chief Executive Richard Gelfond told Reuters.
China bans imports of 16 more scrap, waste products from end-2018, says environment ministry

China will ban the imports of 16 more scrap metal and chemical waste products from the end of this year, the environment ministry said on Thursday.
China carries out live fire drills, unclear if aimed at Taiwan

China’s military has conducted live-fire drills along the southeast coastline, state television reported, but it was unclear if these were the same exercises that had been flagged as taking place in the sensitive Taiwan Strait.
Facebook to put 1.5 billion users out of reach of new EU privacy law

If a new European law restricting what companies can do with people’s online data went into effect tomorrow, almost 1.9 billion Facebook Inc users around the world would be protected by it.

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