Saturday, 26 Sep 2020

Stocks, oil slip but Chinese stocks rally a sixth day

NEW YORK (Reuters) – Investor caution over renewed coronavirus-related lockdowns buoyed the dollar and snapped a five-day rally in most world equity markets on Tuesday, but was not enough to halt a hot streak in Chinese stocks. The dollar edged higher as risk currencies such as the Australian dollar took a breather from recent gains […]

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Lebanon's Hezbollah talks to government about Iran fuel idea

BEIRUT (Reuters) – The powerful Hezbollah group said on Tuesday it is in talks with the Lebanese government about the possibility of Iran supplying the country with refined oil products in exchange for Lebanese pounds. Sayyed Hassan Nasrallah, leader of the Iran-backed Hezbollah, said a “calm discussion” was underway with the Beirut government over the […]

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Aeromexico looking to restructure seven bonds worth $300 million: media

MEXICO CITY (Reuters) – Mexican airline Aeromexico (AEROMEX.MX) is looking to restructure 7 bonds worth a total of 6.8 billion pesos ($300 million), a Mexican media outlet said on Tuesday, after filing for bankruptcy due to the fallout from the coronavirus pandemic. Mexican financial newspaper Sentido Comun said Aeromexico, which is part-owned by Delta Air […]

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Philippines' Duterte tells citizens not to fear anti-terror bill

MANILA (Reuters) – Philippines President Rodrigo Duterte on Wednesday told citizens not to fear a new anti-terrorism law, addressing for the first time the controversial legislation that has unnerved rights groups over potential violations of civil liberties. The mercurial leader last week signed the anti-terrorism bill, prompting rights groups to stage protests and lawyers to […]

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UK to resume arms sales to Saudi Arabia following government review

The UK government will resume arms sales to Saudi Arabia after a High Court ruling put a temporary suspension on exports last year. An internal government review into the use of weapons by Saudi Arabia in Yemen has concluded that breaches of international humanitarian law (IHL) were just “isolated incidents”. The move was quietly announced […]

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Kenya: Arrests at Nairobi protest against police brutality

Nearly 30 people taken into custody in Nairobi as they took to the streets to demand an end police brutality. Kenyan police fired tear gas and detained protesters in the capital Nairobi demanding an end to police brutality. About 100 people took part in demonstrations across Nairobi on Tuesday. Many Kenyans have been angered by […]

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Major retailers drop Washington Redskins products

Major US retailers Walmart and Target have dropped American football team Washington Redskins’ merchandise from their websites. Last week, the Washington DC-based team said it would be reviewing its name following demands from sponsors. It has faced years of pressure over a name seen as offensive to Native Americans. The decision to review the name […]

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