Month: June 2017

By Thomas Escritt and Philip Blenkinsop | BERLIN/BRUSSELS BERLIN/BRUSSELS China and Europe pledged on Friday to unite to save what German Chancellor Angela Merkel called “our Mother Earth”, standing firmly against President Donald Trump’s decision to take the United States out of the Paris climate change pact. Trump’s move was “a big mistake”, said Donald
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LOS ANGELES Soundgarden frontman Chris Cornell had several prescription drugs in his system when he committed suicide last month in a Detroit hotel, according to the results of an autopsy released on Friday. Cornell, 52, had anti-anxiety drugs, sedatives, barbiturates and sinus congestion medication in his system, a toxicology report from the Wayne County Medical
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WASHINGTON Robert Mueller, the special counsel investigating possible ties between the Trump election campaign and Russia, is expanding his probe to assume control of a grand jury investigation into former national security adviser Michael Flynn, three sources told Reuters. The move means Mueller’s politically charged inquiry will now look into Flynn’s paid work as a
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By Timothy Mclaughlin | CHICAGO CHICAGO Evangelical Christian environmental groups on Friday panned President Donald Trump’s decision to withdraw the United States from a global climate change pact, with leaders saying the political left does not have a monopoly on this issue. Trump’s decision, announced on Thursday, “was an affront to our faith in Christ,
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By Nandita Bose | FAYETTEVILLE, Ark. FAYETTEVILLE, Ark. Wal-Mart Stores Inc (WMT.N) executives on Friday reassured workers they remained integral to the company’s success as they highlighted investments in online sales and other technology to compete with rivals like Amazon.com Inc (AMZN.O). Wal-Mart is successfully using e-commerce to boost sales but does not want to
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By Minami Funakoshi and Joyce Lee | TOKYO/SEOUL TOKYO/SEOUL Long the preserve of geeky enthusiasts, bitcoin is going mainstream in Asia, attracting Mrs Watanabe – the metaphorical Japanese housewife investor – South Korean retirees and thousands of others trying to escape rock-bottom savings rates by investing in the cryptocurrency. Asia’s moms and pops, already regular
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STOCKHOLM Streaming music service Spotify could be floated within a year, a source familiar with the matter told Reuters on Friday, after co-founder Martin Lorentzon told Swedish radio a listing was not in the pipeline. Reuters reported last month that Spotify, working with investment banks Morgan Stanley (MS.N), Goldman Sachs Group Inc (GS.N) and Allen
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By David Stanway and Henning Gloystein | SHANGHAI/SINGAPORE SHANGHAI/SINGAPORE The U.S. decision to withdraw from the Paris climate accord has bolstered China’s stature and diplomatic power, and could help Beijing achieve longer-term ambitions to upgrade its economy and dominate lucrative new industries. China – the world’s biggest source of climate-warming greenhouse gases – has been
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