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Trump scraps North Korea summit, warns Kim that military ready

WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday called off a historic summit with North Korean leader Kim Jong Un scheduled for next month, citing Pyongyang's "open hostility," and warned that the U.S. military was ready in the event of any reckless acts by North Korea.


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Posted 2018/05/24 16:44:48

North Korea setback, sterling weigh on FTSE but mid-caps shine

LONDON (Reuters) - President Donald Trump's decision to cancel a summit with North Korean leader Kim Jong Un weighed on British shares in afternoon trading, while gains in sterling prompted by better retail sales data also bruised the internationally-exposed FTSE 100.


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Posted 2018/05/24 16:32:22

No extra time; UK says Brexit transition will end in December 2020

LONDON/DUBLIN (Reuters) - Britain will end its implementation period with the European Union after Brexit in December 2020, a spokeswoman for Prime Minister Theresa May said on Thursday, denying a media report that the government was seeking a new transition until 2023.


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Posted 2018/05/24 16:25:55

Investigators identify Russian military unit in downing of flight MH17

BUNNIK, Netherlands (Reuters) - Dutch prosecutors identified a Russian military unit on Thursday as the source of the missile that shot down Malaysia Airlines Flight 17 over eastern Ukraine in 2014, killing all 296 people on board.


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Posted 2018/05/24 15:19:26

Investors attack Lloyds Bank over mistreatment of customers

LONDON (Reuters) - Britain's Lloyds Banking Group faced a barrage of allegations of poor customer service and withholding misconduct compensation on Thursday, laying bare the task of rebuilding customer trust after years of reputational damage.


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Posted 2018/05/24 15:01:12

French couple convicted of murdering nanny in London and burning her body

LONDON (Reuters) - A French couple were found guilty on Thursday of murdering their nanny and burning her body in their back garden in London after what police said was months of mistreatment, threats and physical abuse that left her a virtual prisoner.


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Posted 2018/05/24 12:38:15

Wizz Air profit flies as bigger planes keep costs down

LONDON (Reuters) - Budget airline Wizz Air sees profit soaring again this year as bigger, more efficient A321 planes help it to keep costs down, putting it on course to outshine larger rival Ryanair which is more pessimistic about prospects.


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Posted 2018/05/24 11:31:18

UK consumers return to shops after snowy start to 2018

LONDON (Reuters) - British retail sales jumped last month by the most in one-and-a-half years, official figures showed on Thursday, suggesting the economy was recovering from a snowy start to the year.


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Posted 2018/05/24 10:15:44

Dollar holds near four-month highs, oil near multi-year top

SYDNEY (Reuters) - The dollar hovered near four-month highs on Tuesday on renewed optimism about global growth as the United States and China agreed to drop their tariff threats, while oil stayed at multi-year peaks over potential sanctions in Venezuela.


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Posted 2018/05/22 01:27:08

UK chief executives become more downbeat about growth - KPMG

LONDON (Reuters) - British chief executives have turned more pessimistic about the growth outlook for the next few years, largely due to worries around economic nationalism and Brexit, a survey from accountants KPMG showed on Tuesday.


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Posted 2018/05/21 23:09:46

As Zuckerberg heads to Brussels, MPs ask for answers

LONDON (Reuters) - MPs want their European counterparts to quiz Facebook CEO Mark Zuckerberg about a scandal over improper use of millions of Facebook users' data, as he will not give evidence in London himself.


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Posted 2018/05/21 23:05:46

With North Korea summit on shaky ground, Trump to press South Korean leader

SEOUL/WASHINGTON (Reuters) - Three weeks before an unprecedented U.S.-North Korea summit is supposed to take place, President Donald Trump will meet South Korean President Moon Jae-in on Tuesday as U.S. officials try to figure out whether Pyongyang is serious about negotiating a deal on denuclearization.


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Posted 2018/05/21 21:52:00

Decontamination of shopping centre after nerve agent attack on Russian spy completed

LONDON (Reuters) - A shopping centre in the English city where a former Russian spy was found collapsed with his daughter after a nerve agent attack more than two months ago has been successfully decontaminated, Britain's environment department said on Monday.


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Posted 2018/05/21 20:20:37

U.S. toughens stance on Iran, lists sweeping demands

WASHINGTON/ANKARA (Reuters) - The United States on Monday demanded Iran make sweeping changes -- from dropping its nuclear program to pulling out of the Syrian civil war -- or face severe economic sanctions as the Trump administration hardened its approach to Tehran.


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Posted 2018/05/21 17:50:02

Former London mayor Livingstone quits Labour over antisemitism accusations

LONDON (Reuters) - Former London mayor Ken Livingstone resigned from the Labour Party on Monday, saying that a row over anti-Semitism allegations against him had become a distraction for the party's leadership.


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Posted 2018/05/21 17:45:06

Texas Governor to hold talks on school violence after massacre

(Reuters) - Texas Governor Greg Abbott on Monday was set to hold a series of meetings on how to combat school violence, three days after a 17-year-old killed 10 people in the fourth-deadliest mass shooting at a public school in modern U.S. history.


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Posted 2018/05/21 17:26:38

Trade war fears ebb as U.S., China agree to continue talks

BEIJING/WASHINGTON (Reuters) - Washington and Beijing both claimed victory on Monday as the world's two largest economies stepped back from the brink of a global trade war and agreed to hold further talks to boost U.S. exports to China.


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Posted 2018/05/21 16:53:46

Britain unlikely to investigate Comcast bid for Sky, says minister

LONDON (Reuters) - Britain said it was unlikely to refer Comcast's bid for Sky for a lengthy investigation after an initial review found that the $30 billion (22.4 billion pound) offer did not raise public concerns about media ownership.


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Posted 2018/05/21 15:14:13

Exclusive: BP back on its feet but CEO senses no respite

LONDON (Reuters) - After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP Chief Executive Officer Bob Dudley is hardly relaxed.


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Posted 2018/05/21 09:10:36

UK financial sector wants global talent on tap after Brexit

LONDON (Reuters) - Costs for hiring bankers, accountants and lawyers from outside Britain will soar after Brexit and threaten London's standing as a global financial centre unless the immigration system is urgently reformed, a report said on Monday.


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Posted 2018/05/21 09:09:27