Tuesday 26 July 2016

Trump vows to put 'America first'

Donald Trump accused Democratic rival Hillary Clinton of a legacy of "death, destruction, terrorism and weakness" as US secretary of state and vowed to be tough on crime and illegal immigrants in a speech accepting the Republican presidential nomination. Trump's 75-


No return to past repression, assures Turkey

Turkey tried to assure its citizens and the outside world on Thursday that there will be no return to the deep repression of the past even though President Tayyip Erdogan has imposed the first nationwide state of emergency since the 1980s. With Erdogan cracking down on thousands


Oil slips as US stock build raises glut worries

Oil prices slipped on Thursday after a rise in US gasoline inventories helped push US oil stocks to a record high, reinforcing worries of a global oversupply. US crude and oil product stocks rose 2.62 million barrels in the week to July 15 to an all-time high of 2.08 billion barr


Sports court rejects Russian appeal against Olympic athletics ban

The Court of Arbitration for Sport said on Thursday it had rejected Russia's appeal against the exclusion of its track and field athletes from the Rio Games starting on August 5. "CAS rejects the claims/appeal of the Russian Olympic Committee and 68 Russian athletes,&quo


US sues to seize $1bn in assets tied to Malaysian state fund

US prosecutors are trying to seize more than $1 billion in assets they said were tied to money stolen from the Malaysian state fund, overseen by the prime minister, and used to finance "The Wolf of Wall Street" film, and to buy property and works of art. Civil lawsuits


Japan preparing $190bn stimulus: sources

The Japanese government is preparing a package of economic stimulus measures totaling $190 billion or more, though actual government spending is likely to be less than half that amount, sources involved in the process said on Thursday. The package will have a headline figure of a


Wall Street stays on record-setting run

Upbeat company earnings lifted US and European stock prices on Wednesday, with the Dow and S&P 500 setting record highs, while the dollar reached a four-month peak on bets the US Federal Reserve may raise interest rates by year-end. The impressive run in major equity markets


No discussions with Opec on output says Russia minister

Russian Energy Minister Alexander Novak said in an interview there were no discussions about possible coordination with Opec on oil output after a failed attempt to jointly maintain production levels earlier this year. "We do not discuss the issues of coordination of actions


Heavy rain disrupts trains, flights in Beijing

Persistent heavy rain on Wednesday caused widespread disruption in the Chinese capital, Beijing, forcing the delay and cancellation of hundreds of flights and the closure of some subway stations. Beijing's steamy summer months are often marked by dramatic rainstorms, one of w


Trump captures Republican nomination

Thirteen months after launching an improbable bid for the White House, Donald Trump captured the 2016 Republican presidential nomination on Tuesday, having vanquished 16 party rivals, warred with much of its establishment and provoked controversy at every turn. His eldest child,

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