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Chinese phone maker ZTE saved from brink after deal with U.S.
(Reuters) - U.S. Commerce Secretary Wilbur Ross said on Thursday the government has reached a deal with ZTE Corp that reverses a ban on its buying parts from U.S. suppliers, allowing China's No. 2 telecommunications equipment maker to get back i...
Some states taking electoral maps out of politicians' hands
WASHINGTON (Reuters) - The U.S. Supreme Court is due to rule by the end of June on the contentious practice called partisan gerrymandering in which state legislators draw electoral maps designed to entrench their own party in power, but states in gro...
Exclusive: Trump requested Saudi oil support before Iran nuclear decision - sources
DUBAI/WASHINGTON/LONDON (Reuters) - A day before U.S. President Donald Trump withdrew from the Iran nuclear deal, one of his senior officials phoned Saudi Arabia to ask the world's largest oil exporter to help keep prices stable if the decision...
UK proposes time-limited backstop, expects Brexit deal by end-2021
LONDON (Reuters) - The British government stuck to its proposal to offer the European Union a "backstop" plan that is time-limited but said it expected a future deal to be in place by the end of December 2021, a document said on Thursday.
Feminist, or just fun? 'Ocean's 8' steals Hollywood spotlight
NEW YORK (Reuters) - For some, the female heist caper "Ocean's 8" is a strike at the heart of male-dominated Hollywood. For others, it's pure summer escapism, and for a (mostly male) minority it's the worst idea ever.
Afghanistan's Ghani announces his first ceasefire with Taliban, until June 20
KABUL (Reuters) - Afghan President Ashraf Ghani on Thursday announced for the first time an unconditional ceasefire with the Taliban, coinciding with the end of the Muslim fasting month, but excluding other militant groups, such as Islamic State.
No UK ministers will be resigning over Brexit backstop - BBC
LONDON (Reuters) - Prime Minister Theresa May will not face any ministerial resignations over disagreements over a failsafe policy to prevent a hard border on the island of Ireland, the BBC's political editor said on Thursday.
Euro, bond yields extend gains on ECB while risk appetite grows
LONDON (Reuters) - World stocks hit a three-week high on Thursday and the euro and euro zone bond yields extended gains as investors priced in a potentially earlier-than-expected wind-down of ECB stimulus.
Pound to rebound on hopes for amicable divorce, rate hike - Reuters poll
LONDON (Reuters) - Sterling is likely to gain, and by the time Britain leaves the European Union next March it is expected to have recouped much of the losses since the June 2016 decision to leave the bloc, according to a Reuters poll.
Asian shares hit 11-week high; euro, yields rise after ECB comments
TOKYO (Reuters) - Asian shares rose to a fresh 11-week high on Thursday, supported by sound economic fundamentals, while expectations the European Central Bank (ECB) may soon start to wind down its stimulus boosted the euro and global bond yields.
Republicans in tight U.S. House races feel heat from Mexican tariffs
WASHINGTON/MEXICO CITY (Reuters) - Mexican tariffs are roiling U.S. congressional campaigns in states where U.S. exporters could take a hit and President Donald Trump's Republicans face tough races in November congressional elections.
Wall Street gains, boosted by financials
NEW YORK (Reuters) - Wall Street indexes rallied on Wednesday with help from financial stocks as investors eyed strong economic data and trade war fears took a back seat while Nasdaq registered its third straight record closing high.
EU 'shooting itself in the foot' over Galileo - UK minister
LONDON (Reuters) - Britain said the European Commission was "shooting itself in the foot" with a plan to restrict UK access to the Galileo satellite navigation system after Brexit.
Democratic hopes for House control buoyed by voting results
SACRAMENTO, Calif./PRINCETON, N.J. (Reuters) - U.S. Democrats on Wednesday said the results of nominating contests in California and New Jersey put them in a stronger position to gain control of Congress in November and oppose Republican President Do...
Over 100 firefighters called to blaze on roof of London Mandarin Oriental hotel
LONDON (Reuters) - Twenty fire engines and 120 firefighters and officers have been called to a blaze on the roof of a hotel in Knightsbridge, central London, the London Fire Brigade said on Wednesday.
Tom Cruise makes 5-mile skydive in 'Mission: Impossible' stunt
LONDON (Reuters) - Tom Cruise has jumped off buildings, slid off skyscrapers and clung onto the outside of a plane during take-off in his roles as action movie hero.
Heathrow expansion faces challenge as Labour casts doubt over support
LONDON (Reuters) - The British government's plan to build a new runway at London's Heathrow Airport faces a potential new challenge as the opposition Labour party has indicated that its members may vote against it.
Tesla shares rise as Musk says Model 3 set to hit target
(Reuters) - Tesla Inc shares rose 3.5 percent on Wednesday morning after Chief Executive Elon Musk said the car maker was now churning out 500 of its Model 3 sedans a day and should achieve its 5,000 per week target by the end of June.
Lawmakers press Facebook over Chinese data sharing
WASHINGTON (Reuters) - Two key U.S. lawmakers on Wednesday rebuked Facebook Inc for not being more transparent over its data sharing practices after the social media company said it had collaborated with at least four Chinese companies, including a s...
Euro boosted but bonds and stocks sag after hawkish ECB comments
LONDON (Reuters) - The euro rose to a 10-day high on Wednesday after hawkish comments from the European Central Bank, putting more upward pressure on bond yields and sinking some stocks as worries over Italy also weighed.