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U.S. businesses awake to 'sad day' in Hong Kong as Trump moves to squeeze economic ties

By Anne Marie Roantree HONG KONG - The American Chamber of Commerce in Hong Kong said on Saturday it was a sad day for the global financial centre, hours after U.S. President Donald Trump moved toward stripping the city of its special treatment in a bid to punish China....


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New York City expected to reopen on June 8, five upstate regions OK for phase 2: Cuomo

NEW YORK - New York City is "on track" to enter phase one of reopening on June 8, New York Governor Cuomo said on Friday as he announced that five upstate regions will now transition to phase two which includes businesses like barber shops and hair salons. The most populous U.S. city...


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Exclusive: U.S. warns governments, firms against aiding Iran fuel shipments to Venezuela - envoy

By Matt Spetalnick and Humeyra Pamuk WASHINGTON - Seeking to deter further shipments of Iranian fuel to Venezuela, the Trump administration has quietly warned foreign governments, seaports, shipping companies and insurers that they could face stiff U.S. sanctions if they aid the tank...


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Exclusive: Zoom plans to roll out strong encryption for paying customers only

By Joseph Menn SAN FRANCISCO - Zoom <ZM.O>, the video conferencing provider whose business has boomed with the COVID-19 pandemic, plans to strengthen encryption on video calls made by paying clients and institutions like schools, but not for users of its popular free accounts,...


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Edging closer to bailout, Lufthansa accepts tweaked demands by Brussels

By Holger Hansen, Christoph Steitz and Ilona Wissenbach BERLIN/FRANKFURT - Lufthansa's <LHAG.DE> management board accepted a more favourable set of demands made by the European Commission in exchange for approval of a 9 billion euro (8.13 billion pounds) government bailout, the...


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Germany's Merkel rejects Trump invite to attend G7 summit in Washington - Politico

- German Chancellor Angela Merkel has refused to accept U.S. President Donald Trump's invitation to attend an envisaged summit of the Group of Seven (G7) in the United States, Politico reported on Friday. "The federal chancellor thanks President Trump for his invitation to the G7 su...


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West Indies cricket bosses approve England tour

LONDON - Cricket West Indies (CWI) has given its approval in principle for a test series in England, the body said on Friday. West Indies had been scheduled to visit England for three tests in June but the tour was pushed back due to the COVID-19 pandemic. The England and Wales Cric...


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In rescue effort, Fed has broad stake in corporate America's fortunes

By Dan Burns and Ann Saphir - The U.S. central bank now has a stake in the fortunes of a broad swath of corporate America after buying about $1.3 billion (1.06 billion pounds) of bond funds with debt issued by firms in all walks of the world's biggest economy, from Apple Inc <AAPL...


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Trump cutting U.S. ties with World Health Organization over virus

By Steve Holland and Michelle Nichols WASHINGTON/UNITED NATIONS - The United States will end its relationship with the World Health Organization over the body's handling of the coronavirus pandemic, U.S. President Donald Trump said on Friday, accusing the U.N. agency of becoming a pu...


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Minneapolis police officer charged with murder of George Floyd

By Carlos Barria MINNEAPOLIS - A white former Minneapolis police officer was charged with murder on Friday after a bystander video showed him pinning his knee into the neck of an unarmed black man who later died, an incident that triggered three nights of violent protests....