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Brussels adds George Floyd memorial to large mural collection

BRUSSELS (Reuters) – Brussels added to its large collection of murals on Thursday with a newly commissioned work in memory of African-American George Floyd, whose killing by police has sparked global protests against racism and police violence. Belgian-Congole... More »

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Dollar steadies as overnight risk-off move eases

NEW YORK (Reuters) – The U.S. dollar was slightly lower in North American morning trade on Monday, stabilizing after a move higher overnight on a sell-off in risk assets over rising fears of a second wave of coronavirus infections. The dollar index =USD, which... More »

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UK coastguards locate wreckage of U.S. fighter plane, pilot missing

LONDON (Reuters) – British coastguards have located the wreckage of a U.S. fighter plane that crashed into the North Sea off the coast of northeast England on Monday but the pilot is still missing, the U.S. Air Force said in a statement. The F-15C Eagle from t... More »

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U.S. crude drops as coronavirus cases spike globally

NEW YORK (Reuters) – Oil prices fell on Monday as new coronavirus infections hit the United States and China, feeding worries that renewed lockdowns could hamper economic recovery and dent fuel demand. U.S. West Texas Intermediate crude fell 35 cents, or 1%, t... More »

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Hisense to start TV set production in Slovenia in January

LJUBLJANA (Reuters) – China’s household appliances maker Hisense (000921.SZ) plans to start producing TV sets in Slovenia in January 2021, creating about 350 jobs in the country, Hisense said on Monday. Production would be approximately 1.5 million TV sets in ... More »

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What do new U.S. sanctions mean for Syria?

AMMAN (Reuters) – The toughest U.S. sanctions yet on Syria take effect this week, increasing the pressure on President Bashar al-Assad as he grapples with a deepening economic crisis after a decade of war. Washington says sanctions will help hold Assad and his... More »

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Germany to buy stake in CureVac as world races for COVID-19 vaccine

FRANKFURT/BERLIN (Reuters) – Germany will take a stake in unlisted biotech firm CureVac, which is working on a COVID-19 vaccine, Economy Minister Peter Altmaier said on Monday, confirming an earlier Reuters report. The Berlin government will acquire a 23% stak... More »

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GE picks Embraer planemaking chief to run aviation unit

(Reuters) – General Electric Co (GE.N) on Monday tapped the planemaking head of Brazil’s Embraer (EMBR3.SA) to run its key aircraft engines division on Monday, as the global aviation industry grapples with disruption caused by the COVID-19 pandemic. Irishman J... More »

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Hungary ready to help Audi run local plant at full capacity: Orban

BUDAPEST (Reuters) – Hungary is ready to give financial support to Audi (NSUG.DE) to help its manufacturing plant in the country run at full operating capacity, Prime Minister Viktor Orban was reported as saying on Monday as he visited the site. Orban said Aud... More »

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AstraZeneca COVID-19 vaccine to be shared across Europe, says France

PARIS/BRUSSELS (Reuters) – A deal between AstraZeneca and four European countries for COVID-19 vaccines involves doses being shared by European Union members on a pro rata basis based on population, a source at the French President’s office said on Monday. The... More »

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Russian cities cancel military parades over coronavirus fears

MOSCOW (Reuters) – Three Russian cities on Monday joined a growing list of places that are cancelling June 24 military parades over coronavirus fears despite a decision by President Vladimir Putin to press ahead with the main event in Moscow. Penza, Pyatigorsk... More »

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Honeywell launches new business unit to capture drone market

(Reuters) – Honeywell International Inc, a major supplier of aerospace products, said Monday it launched an unmanned aerial systems business to bet on the autonomous aviation space – drones, air taxis, and unmanned cargo delivery vehicles. Stéphane Fymat, the ... More »

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Charging points surge ahead of electric car boom

FRANKFURT (Reuters) – The number of publicly accessible charging points for electric vehicles (EV) jumped 60% in 2019, the biggest increase in three years and outpacing sales of battery-powered cars, according to the International Energy Agency (IEA). In its a... More »

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Artists around the world pay tribute to George Floyd

(Reuters) – Protests against racism triggered by the death of African American George Floyd have inspired art around the world, from murals in Syria and Pakistan to graffiti in Nairobi. At the Berlin Wall, a large portrait of Floyd is seen alongside yellow blo... More »

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Baby dragons take their bow in a Slovenian cave

POSTOJNA, Slovenia (Reuters) – Three rare aquatic creatures known as baby dragons are going on display in an aquarium at Slovenia’s Postojna Cave, one of the country’s biggest tourist attractions. The cave-dwelling animals, officially called proteus or olms, h... More »

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British Airways turns to Damien Hirst in its hour of need

LONDON (Reuters) – British Airways will sell at least 10 works of art that normally hang in its executive lounges, a source said, turning to pieces by famous artists like Damien Hirst to raise millions of pounds to help it through the coronavirus pandemic. The... More »

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Police remove emaciated lion from French circus

PARIS (Reuters) – French police have taken away an emaciated lion from a circus in Vironvay, western France, following complaints from an animal rights organization. The prefecture for the Eure region said in a statement the lion had been seized as the circus ... More »

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Scientists create embryo-like research model from human stem cells

LONDON (Reuters) – Scientists have used human embryonic stem cells to create an embryo-like research model to help them study some of the earliest stages of human development. The model overcomes some of the ethical restrictions on using human embryos for rese... More »

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Russia’s space chief complains about American jokes

MOSCOW (Reuters) – Americans should show more respect for Russia’s space program after relying on it for nine years as the only way to send U.S. astronauts into orbit, the head of Russia’s space agency said. The United States launched the first astronauts from... More »

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U.N. expert says some are ‘starving’ in North Korea

GENEVA (Reuters) – A United Nations human rights expert voiced alarm on Tuesday at what he called “widespread food shortages and malnutrition” in North Korea, made worse by a nearly five-month border closure with China and strict quarantine measures against CO... More »

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UK says demand for COVID loans hits nearly 35 billion pounds

LONDON (Reuters) – British businesses have borrowed nearly 35 billion pounds ($44 billion) under three emergency credit programmes for companies hit by the coronavirus crisis with demand strongest for a 100% state-backed scheme for the smallest firms. After a ... More »

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Vitol’s former CEO Ian Taylor dies after cancer battle: sources

LONDON (Reuters) – Vitol’s former chief executive and chairman Ian Taylor has died at the age of 64 from cancer, according to an internal memo and four sources familiar the matter. Taylor joined Vitol [VITOLV.UL] in 1985 and became group President and CEO in 1... More »

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Trump’s troop cut in Germany blindsided senior U.S. officials

WASHINGTON (Reuters) – President Donald Trump’s decision to cut U.S. troop levels in Germany blindsided a number of senior national security officials, according to five sources familiar with the matter, and the Pentagon had yet to receive a formal order to ca... More »

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Oil down on stronger dollar, oversupply concerns

LONDON (Reuters) – Oil prices fell on Tuesday weighed down by a stronger dollar and oversupply concerns after it was announced that a trio of Gulf producers would end voluntary output cuts. Brent crude was down 85 cents, or 2.1% to $39.95 a barrel by 0912 GMT.... More »

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Greece, Italy to sign accord on maritime zones

ATHENS (Reuters) – Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy’s foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said. The deal follows months of tensions in the Eastern Mediterranean region ... More »

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Aussie dollar falls amid feud with China, traders cash in gains

LONDON (Reuters) – The Australian dollar fell nearly 2% on Tuesday after China’s education ministry warned students to carefully consider studying there amid tension between the trading partners. The dollar found some footing, rising against tearaway commodity... More »

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UK COVID-19 death toll nears 52,000, Reuters tally shows

LONDON (Reuters) – The United Kingdom’s COVID-19 death toll neared 52,000 on Tuesday, according to a Reuters tally of official data sources that highlighted the country’s place as one of the worst hit in the world. New data for England and Wales brought the to... More »

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European stocks fall as cyclicals, BAT weigh

(Reuters) – European shares fell on Tuesday as declines in cyclical stocks and UK’s British American Tobacco threw a spanner into a rally driven by optimism over a global recovery from the coronavirus crisis. The pan-European STOXX 600 index fell 1.3%, with eu... More »

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Household spending plunge pulls down euro zone GDP in first quarter

BRUSSELS (Reuters) – A plunge in household spending and investment pulled down euro zone gross domestic product in the first quarter as the COVID-19 pandemic struck, but the fall was slightly smaller than first estimated, the European Union’s statistics office... More »

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Europe turns red as bulls run out of charge

LONDON (Reuters) – Stock market bulls were forced to a halt on Tuesday and high-flying currencies like the euro and Australian dollar lost altitude, as a weeks-long risk rally ran into some turbulence. It all seemed so sudden. Asian equities had scored their n... More »

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Winging it: Paris gallery keeps visitors apart with extension hats

PARIS (Reuters) – An art gallery in Paris has sought inspiration in ancient China to help it enforce social distancing, by providing hats with winged extensions for visitors. The colourful papier-mâché hats are modelled on headgear from the Song dynasty, which... More »

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Get Back! Abbey Road Studios reopen after COVID hiatus

LONDON (Reuters) – London’s world-famous Abbey Road Studios reopened on Thursday after closing its doors during the coronavirus lockdown for the first time in its 90-year history. Celebrated for recording the likes of Edward Elgar, The Beatles and Lady Gaga, t... More »

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ECB expands pandemic support to over $1.5 trillion

LONDON (Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns due to the coronavirus pandemic. HIGHLIGHTS: ** ECB increases size o... More »

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Lagarde comments at ECB press conference

(Reuters) – The European Central Bank beefed up its bond-buying programme on Thursday in its latest effort to support a euro zone economy pummelled by more than two months of shutdowns to cope with the coronavirus pandemic. Following are highlights of ECB Pres... More »

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Last dance for legendary Madrid flamenco joint, stung by coronavirus

MADRID (Reuters) – A Madrid flamenco bar that has played host to some of Spain’s top performers, including an early-career set from Grammy-award winner Rosalia, is shutting down as audiences dwindle in the wake of the coronavirus pandemic. For nearly 40 years ... More »

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Outdoor Swiss hotel ‘rooms’ give new meaning to light and airy

WALENSTADT, Switzerland (Reuters) – Two Swiss conceptual artists are offering seven open air “hotel rooms” this summer across a “performance space” encompassing eastern Switzerland and Liechtenstein. Guests “perform”, without an audience, by spending the night... More »

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France nears 1-billion-euro crisis fund for aero suppliers: sources

PARIS (Reuters) – French government and industry officials are negotiating a 1-billion-euro, privately led investment fund for small aerospace suppliers in which major manufacturers could invest 200 million euros, people familiar with the proposals said on Wed... More »

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Dollar treads water against euro- yuan sinks on U.S.-China tensions

NEW YORK (Reuters) – The dollar steadied against the euro on Wednesday even as the common currency remained supported by news of a proposal for an economic recovery package to help the euro zone region recover from the coronavirus pandemic. The euro EUR=EBS wa... More »

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A crisis that has blunted the euro’s global profile

LONDON (Reuters) – The coronavirus crisis may have dealt a lethal blow to the idea that the euro could one day replace the dollar as the world’s preferred currency, by exposing euro zone frailties and cementing the U.S. Fed’s role as global lender of last reso... More »

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Kremlin says Prime Minister Mishustin back to work

MOSCOW (Reuters) – Russian Prime Minister Mikhail Mishustin is back at work after being diagnosed with the new coronavirus, the Kremlin said on Tuesday. The Kremlin said Russian President Vladimir Putin had signed a decree cancelling a temporary transfer of Mi... More »

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German economy to shrink by at least 10%: DIHK

BERLIN (Reuters) – Germany’s DIHK chambers of industry and commerce expect Europe’s largest economy to shrink at least 10% this year due to the coronavirus crisis, its president said on Tuesday, a much more pessimistic view than the government’s forecast. “Thi... More »

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UK COVID-19 death toll nears 43,000: official data

LONDON (Reuters) – The United Kingdom’s COVID-19 official death toll has reached nearly 43,000, underlining the country’s status as the worst-hit in Europe and raising more questions about Prime Minister Boris Johnson’s handling of the crisis. New official fig... More »

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German court limits power of spy agency’s bugging overseas

KARLSRUHE, Germany (Reuters) – Germany’s Constitutional Court ruled on Tuesday that monitoring the internet traffic of foreign nationals abroad by the BND intelligence agency partly breaches the constitution. The long-awaited ruling stated that internet survei... More »

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Trading spike helps Julius Baer beat forecasts in January to April

ZURICH (Reuters) – A spike in trading volumes boosted margins for wealth manager Julius Baer (BAER.S) in the first four months of the year, even though markets slid and a strong Swiss franc ate into assets under management. Baer attributed a 16% rise in gross ... More »

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Oil gains for fourth day on signs of output cuts, better demand

TOKYO (Reuters) – Oil prices rose for a fourth straight session on Tuesday amid signs that producers are cutting output as promised just as demand picks up, stoked by more countries easing out of curbs imposed to counter the coronavirus pandemic. Brent crude c... More »

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Germany’s confirmed coronavirus cases rise by 513 to 175,210: RKI

BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany rose by 513 to 175,210, data from the Robert Koch Institute (RKI) for infectious diseases showed on Tuesday, with new infections accelerating after decelerating the previous four days. The... More »

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Button shocked Vettel will not be at Ferrari next season

(Reuters) – Former world champion Jenson Button says he is shocked Sebastian Vettel will not drive for Ferrari next season and that it would be “madness” if the team had pushed him out. Ferrari said last week that four-times world champion Vettel would leave t... More »

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Rome’s coronavirus-hit Raphael exhibition to reopen in June

ROME (Reuters) – An exhibition commemorating the 500th anniversary of the death of Renaissance artist Raphael will reopen on June 2 in Rome and its run extended until Aug.30, after it fell foul of the COVID-19 lockdown. The show at the Scuderie del Quirinale G... More »

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UK GDP shrinks by record 5.8% in March, harder COVID hit ahead

LONDON (Reuters) – Britain’s economy shrank by a record 5.8% in March as the coronavirus crisis escalated and the government shut down much of the country, according to official data that point towards an even bigger hit to come. The monthly drop in gross dome... More »

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Defensives, upbeat earnings lift European shares

(Reuters) – European shares edged higher on Tuesday following a clutch of upbeat quarterly earnings reports, but investors remained cautious of a resurgence in new coronavirus cases as hard-hit economies lift lockdowns. The pan-European STOXX 600 index rose 0.... More »

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Spain orders two-week quarantine for incoming travellers from May 15

MADRID (Reuters) – The Spanish government ordered a two-week quarantine for all travellers coming into the country from May 15 in a bid to curb the spread of the novel coronavirus after one of the Europe’s strictest lockdowns helped slow down the epidemic in S... More »

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UK should extend part of furlough scheme to end of year: think tank

LONDON (Reuters) – Britain’s government should extend a costly job support programme until the end of the year for retail and hospitality workers hit hardest by the coronavirus, a think tank said on Tuesday, ahead of an expected government announcement. The Re... More »

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Russia reports 10,899 new coronavirus cases, surpasses UK tally

MOSCOW (Reuters) – Russia on Tuesday reported 10,899 new cases of the novel coronavirus in the last 24 hours, bringing the nationwide total past that of Britain to 232,243, the third highest total worldwide. The country’s coronavirus response centre said the d... More »

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Oil prices climb as Saudi Arabia commits to deeper production cuts

MELBOURNE/SINGAPORE (Reuters) – Oil futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June in a bid to help drain the glut in the global market that has built up as the coronavirus pandemic crushed fuel... More »

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Stocks falter as anxiety grows over second coronavirus wave

SYDNEY/HONG KONG (Reuters) – Asian shares tumbled on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. European markets were... More »

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Germany’s confirmed coronavirus cases rise by 933 to 170,508: RKI

BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany increased by 933 to 170,508, data from the Robert Koch Institute (RKI) for infectious diseases showed on Tuesday. The reported death toll rose by 116 to 7,533, the tally showed. Source: ht... More »

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Opera star sings Britain’s VE Day hits from an empty Albert Hall

LONDON (Reuters) – Welsh mezzo-soprano Katherine Jenkins will stream a concert from an empty Royal Albert Hall on Friday evening, as locked-down Britain marks the 75th anniversary of “Victory in Europe” Day. Millions of people held a two-minute silence while m... More »

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A British nurse is the chosen superhero in new Banksy artwork

LONDON (Reuters) – A young boy chooses a nurse as the superhero he wants to play with over Batman and Spiderman in a new artwork by Banksy that encapsulates the gratitude Britons have felt toward the country’s National Health Service during the coronavirus cri... More »

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Soccer: Will the player of the future be ‘plant-based’?

MANCHESTER, England (Reuters) – The days of English football’s once notorious drinking culture are long gone and few professionals would now list the once obligatory ‘steak and chips’ as their favourite meal but things are moving to a different level entirely ... More »

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Locked out of galleries, Londoners find Caravaggio street art

LONDON (Reuters) – Londoners locked out of galleries can find an alternative art fix on a wall under under some railway arches after street artist Lionel Stanhope painted a Caravaggio classic, updated for the coronavirus age. The Italian baroque master’s “Supp... More »

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German car sector morale plunges ahead of crunch Merkel meeting

BERLIN/MUNICH (Reuters) – The business climate in Germany’s auto sector suffered its biggest slump in April and hit its lowest level since 1991, when the Ifo economic institute began collecting data post-reunification, a survey showed on Monday. The news came ... More »

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VW’s Skoda braces for second quarter hit after earnings drop

PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen Group (VOWG_p.DE), reported a 25% drop in first-quarter operating profit on Monday, but said the biggest hit from the coronavirus outbreak would come in the second quarter. Skoda, the Czech R... More »

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Masked and standing apart, the world creeps out of lockdown

ROME/WASHINGTON (Reuters) – Italy and the United States were among a slew of countries easing lockdown restrictions on Monday to resurrect economies, but officials cautioned against moving too swiftly as global deaths from the coronavirus neared a quarter of a... More »