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At World Champs, the rest aim for silver as China and Russia sweep diving and synchronised swimming golds once again


BUDAPEST - They're two of the greatest dynasties in sports and swimming history, both on display this week in an elegant European capital.

France's Macron treads fine line in showing he's the boss

PARIS - In Emmanuel Macron's traditional presidential portrait destined to adorn town halls across France, a pair of iPhones and a copy of national hero Charles de Gaulle's memoirs lie on his desk.

Hezbollah, Syria army launch offensive at Syrian-Lebanese border

BEIRUT - Lebanon's Hezbollah and the Syrian army launched an offensive to drive insurgents from their last foothold at the Syrian-Lebanese border on Friday, a pro-Damascus military commander said.

AstraZeneca CEO reassures staff, aims to be at September cancer meet

LONDON - AstraZeneca Chief Executive Pascal Soriot, responding to rumors he might leave the drugmaker to join rival Teva Pharmaceutical Industries, has told staff he expects to work "together" with employees to see the company succeed.

Top Stories in last day


Siemens retreats from Russian energy after Crimea scandal

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FRANKFURT - Germany's Siemens moved to distance itself from a Crimean sanctions scandal, saying it would halt deliveries of power equipment to Russian state-controlled customers and review supplies to Russian subsidiaries.


Thai court to deliver verdict on ex-PM on Aug. 25

BANGKOK - Thailand's Supreme Court has set Aug. 25 as the date for a verdict in the trial of the country's former prime minister Yingluck Shinawatra, who is accused of wasting billions of dollars on a rice subsidy scheme.

Chinese courier ZTO sued for "untrue statements" in $1.4 billion U.S. IPO

SHANGHAI - Chinese courier ZTO Express and the underwriters of its New York stock market listing have been sued by a U.S. pension fund that alleges the firm exaggerated its profit margins to lure investors into its $1.4 billion initial…


Oil rises on weak dollar, Gulf tensions as producers set to meet

LONDON - Oil prices edged higher on a weaker dollar and diplomatic tensions in the Gulf, but Brent held below the $50 per barrel level that was breached for the first time in six weeks on Thursday.


Strong quake off Turkish and Greek coasts kills two, injures scores

ATHENS/ANKARA - A powerful earthquake killed at least two people and injured scores when it struck near major Turkish and Greek tourist destinations in the Aegean Sea early on Friday, officials said.

U.S. attempt to limit Wall Street bonuses fizzles out quietly

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WASHINGTON - The regulatory agenda released by the Trump administration on Thursday contained a signal that the U.S. government has halted its work on restricting Wall Street executives' bonuses and other pay incentives.


Exclusive: U.S. toughens stance on foreign deals in blow to China's buying spree

A secretive U.S. government panel has objected to at least nine acquisitions of U.S. companies by foreign buyers so far this year, people familiar with the matter said, a historically high number that bodes poorly for China's overseas…

Two killed in 6.7-magnitude quake off Greece and Turkey resorts

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BODRUM (Turkey) – At least two people were killed on the Greek island of Kos on Friday (July 21) when a magnitude 6.7 earthquake shook the popular summer resort holiday destinations of the Dodecanese Islands in Greece and the Aegean coast…


Chipotle shares fall on Norovirus, rodent incidents

BOSTON - Chipotle Mexican Grill Inc shares fell 4.5 percent on Thursday after testing confirmed Norovirus in a customer who ate at the one of the chain's Virginia restaurants and a video of rodents crawling on the floor of a Dallas shop…

FTC probing allegations of Amazon's deceptive discounting

WASHINGTON - As part of its review of Amazon's agreement to buy Whole Foods , the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the...


Bombardier wins dismissal of Comerica aircraft payments lawsuit

NEW YORK - Bombardier Inc has won the dismissal of a U.S. lawsuit in which Comerica Inc sought millions of dollars after the Canadian aircraft maker was unable to find buyers for four planes whose leases had expired.


Citigroup, Deutsche Bank beef up Frankfurt presence in Brexit response

LONDON/FRANKFURT - Two global banks, Citigroup and Deutsche Bank , are beefing up their presence in Frankfurt to deal with the impact of Britain leaving the European Union.


Abbott profit forecast gets a lift from St. Jude integration

Abbott Laboratories raised its full-year profit forecast as the company benefits from its St. Jude Medical acquisition, and said it was confident that the Alere purchase would close this year, sending its shares to a near two-year high.


Worker injured in viaduct collapse to have surgery as condition worsens

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SINGAPORE – The condition of one of the workers injured in last week's viaduct collapse at Upper Changi Road East has taken "a turn for the worse".

Wall Street flat as home improvement retailers get Amazoned

NEW YORK - Stocks ended little changed on Wall Street on Thursday as a deal between Sears and Amazon weighed on home improvement retailers while gains in Microsoft helped buoy the Nasdaq.

Few compromises at Brexit talks, minister says UK can survive without deal

BRUSSELS/LONDON - The European Union and Britain offered few compromises at their first full round of Brexit talks which ended on Thursday, and the pound fell on worries that British ministers were prepared to walk away without a deal.

Thursday, Jul 20

Germany steps up economic pressure on Turkey in rights row

BERLIN - Germany told its citizens on Thursday to exercise caution if traveling to Turkey and threatened measures that could hinder German investment there, in a sign of growing impatience with a NATO ally after the detention of rights…

Government to clamp down on clubs with jackpot rooms

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SINGAPORE - Jackpot rooms, seen in many football, social and country clubs here, are set to become sparser or to be shut down within the next few months, following tightened regulations announced on Thursday (July 20).

Backing of workers, communities key to Libya's oil revival

SHARARA OIL FIELD, Libya - When the head of Libya's state energy company visited Sharara oil field in early July, community leaders and workers crowded into a conference room to ask about jobs, training and services for local people.

Oil settles down after early rally lifts Brent past $50

NEW YORK - Oil settled lower on Thursday in choppy trading, as nagging worries about abundant global crude supplies sank prices after an early rally boosted Brent above $50 per barrel for the first time since June 7.

Wednesday, Jul 19

S&P, Nasdaq at records as Vertex rallies; IBM slips

NEW YORK - The Nasdaq Composite and the S&P 500 hit record highs on Wednesday, powered by technology stocks and a more than 20 percent jump in Vertex Pharmaceuticals, while gains on the Dow were capped by a sharp drop in IBM shares.

Morgan Stanley claims another trading victory over rival Goldman Sachs

Morgan Stanley beat Wall Street's profit expectations on Wednesday, reporting gains across most of its businesses and producing more trading revenue than rival Goldman Sachs Group Inc, a rare feat.

Oil jumps to six-week high on surprisingly big U.S. inventory draws

NEW YORK - Oil prices jumped almost 2 percent to a six-week high on Wednesday after a U.S. report showed a bigger weekly draw than forecast in crude and gasoline stocks along with a surprise drop in distillate inventories.

World stocks tally ninth day of gains as earnings pick up

NEW YORK - A broad barometer of global stocks rose for a ninth straight session on Wednesday as earnings season in the United States and Europe heated up, while the dollar clawed back from 10-month lows and oil prices jumped.

Tuesday, Jul 18

Chipotle shuts Virginia restaurant on norovirus worries, shares fall

Chipotle Mexican Grill Inc closed a restaurant in Virginia because of a suspected norovirus outbreak among some diners that sent its shares lower on Tuesday as the chain works to bounce back from past food-safety lapses.

AGO report found ‘more could be done’ by certain entities

SINGAPORE - Several agencies were rapped in the latest public sector audit, for reasons ranging from weak information technology controls to inadequate oversight of development projects.

Annual public sector audit flags lapses in finance, IT controls

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SINGAPORE - The Auditor-General's Office (AGO) has flagged lax financial controls, weaknesses in information technology controls and inadequate oversight of development projects in its annual audit of the public sector.

Oil rises on strong demand, falling Saudi exports

NEW YORK - Oil prices rose slightly on Tuesday as Saudi exports fell and solid demand soaked up some of what is seen as an oversupplied market, but Ecuador's decision to opt out of an OPEC-led supply reduction pact complicated the outlook.

Monday, Jul 17

Wall Street ends flat; Netflix jumps after the bell

NEW YORK - U.S. stocks closed little changed in low volume on Monday as gains in utilities and consumer stocks offset declines in healthcare, with earnings news filtering out winners and losers across the board.

U.S. readies Venezuela sanctions, Maduro defies threat

WASHINGTON/CARACAS - The Trump administration is preparing sanctions against several senior Venezuelan government figures, U.S. officials said on Tuesday, to pressure President Nicolas Maduro to abort plans for a controversial congress…

China's strong second-quarter GDP growth paves way for deeper reforms

BEIJING - China's economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership…

Oil prices ease on signs of steady output from some producers

NEW YORK - Oil prices were about 1 percent lower on Monday as investors continued to await strong indications that an OPEC-led effort to drain a glut was proving effective but output increases in some top producers eased, keeping losses in…

Sunday, Jul 16

Pupils’ personal growth, not grades, top factor for a good school, say parents

SINGAPORE - A nationwide survey has found that parents' idea of a good school is one where teachers care about their students' social-emotional development and that places an emphasis on character-building and discipline.

Doha mall's $1 billion-plus loan refinancing frozen amid Qatar boycott: sources

DUBAI/DOHA - The refinancing of a $1 billion loan by Doha Festival City, a retail and hospitality complex in Qatar, has been indefinitely postponed as a diplomatic crisis deters regional banks from doing new Qatari business, bankers said.

Defiant Erdogan attacks EU, backs restoring death penalty

ANKARA/ISTANBUL - President Tayyip Erdogan on Sunday defiantly stepped up his attacks on the European Union, saying Turkey had to go its own way and vowing to bring back the death penalty if parliament passed it.

Singaporean killed in skydiving mishap had just moved to Sydney

SINGAPORE - Mario Low Ke Wei was an adventurous, jovial individual who loved to fish, and had recently moved to Sydney for work.