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BUSINESS HEADLINES
›  Kroger says demand easing after coronavirus stockpiling
U.S. supermarket chain Kroger Co stopped short of raising its annual forecasts on Thursday, saying a coronavirus-driven surge in demand for essential goods was fading as American households reconsider what they have on their shelves.
›  Wirecard scrambles to find missing $2.1 billion as loan crunch looms
Wirecard's auditor has refused to sign off its 2019 accounts over a missing $2.1 billion, sending its shares down more than 60% as the German payments firm warned the delay could cause billions in loans to be called in as early as Friday.
›  Coronavirus raises stakes as auto unions ready for a fight
The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotiation to retain the support of powerful trade unions vital if Europe's auto industry is to manage a shift to low-emission vehicles.
›  Wirecard investor DWS says has sold down position, considering legal action
Asset manager DWS, the fund management arm of Deutsche Bank, said it has further sold down its position in embattled German technology company Wirecard and was considering legal action.
›  U.S. gasoline demand recovery falters as refiners ramp up output
A recovery in demand for gasoline in the United States, the world's largest market for the motor fuel, hit a plateau last week as coronavirus cases surged in some states, undercutting refiners' efforts to ramp up low fuel production.
›  Oil edges up on OPEC output cut compliance; pandemic still weighs
Oil prices rose slightly Thursday as a panel of OPEC and its allies met to review record oil supply cuts, even as the market remained concerned about additional coronavirus cases reported in parts of the United States and China.
›  Exclusive: EU in advanced talks with Johnson & Johnson on COVID-19 vaccine deal - sources
The European Commission is in advanced talks with pharmaceuticals giant Johnson & Johnson to reserve or make an up-front purchase of its COVID-19 vaccine under development, two officials familiar with the talks told Reuters.
›  S&P 500, Dow muted as virus cases rise, jobless claims weigh
The S&P 500 and the Dow were largely unchanged on Thursday as investors stayed on the sidelines amid an uptick in coronavirus infections in parts of the United States and an elevated level of weekly jobless claims.
›  IMF says deeper-than-expected contraction in U.S. economy likely in second quarter
A defacto lockdown in the United States has lasted longer than expected despite a rollback in some restrictions on mobility, pointing to a deeper-than-expected contraction in gross domestic product in the second quarter, the IMF said on Thursday.
›  Colgate reviewing Chinese toothpaste brand Darlie amid debate on racial inequality
Colgate-Palmolive on Thursday said it was working to review and evolve its Chinese toothpaste brand, Darlie, the latest in a string of brand reassessments amid a U.S. debate on racial inequality.
›  U.S. labor market recovery stalling; second wave of layoffs underway
The number of Americans filing for unemployment benefits fell last week, but the pace of decline appears to have stalled amid a second wave of layoffs as companies battle weak demand and fractured supply chains, supporting views that the economy faces a long and difficult recovery from the COVID-19 recession.
›  World stock markets slip on second wave virus fears, safe-havens rise
Global stock markets drifted lower on Thursday as an increase in new coronavirus cases in some U.S. states and China crushed hopes of a swift economic comeback from the pandemic, underpinning demand for safe-haven currencies such as the dollar and Japanese yen.
 

  US NEWS
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Atlanta officer says not 'state's witness' in Rayshard Brooks case, contradicting prosecutor
Devin Brosnan, one of the two Atlanta police officers charged in the shooting death of Ray...
 
›  Months before election, Trump finds himself at odds with most Americans' views
›  Democrats consider next steps after Bolton revelations on Trump
›  Pelosi says Trump 'ethically unfit' for presidency, will continue oversight
›  U.S. Supreme Court blocks Trump bid to end 'Dreamers' immigrant program
›  Top Pentagon official Wheelbarger resigns, urges colleagues to be guided by U.S. Constitution
›  Trump: U.S. Supreme Court decisions 'horrible'
  WORLD NEWS
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Lloyd's of London to pay for 'shameful' Atlantic slave trade role
The Lloyd's of London insurance market has apologised for its "shameful" role in the 18th ...
 
›  Explainer: London faces up to former role insuring Atlantic slave trade
›  Diplomacy in the time of coronavirus: Johnson and Macron trade bows, thumbs up
›  Canada's Trudeau backs opposition leader kicked out of Parliament in racism row
›  German prosecutors accuse Russia of ordering murder of former Chechen rebel in Berlin
›  Russia says to react if Germany takes action on killing of Chechen ex-rebel
›  Nigeria's president rebukes security chiefs over worsening violence
  SPORTS
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Fauci casts doubt on football this fall
With the United States bracing for a possible second wave of the novel coronavirus, Anthon...
 
›  Djokovic says important all players free to travel to U.S. Open
›  Alcott slams U.S. Open 'discrimination' over wheelchair omission
›  On this day: Born June 19, 1978 - Dirk Nowitzki, NBA player
›  Le Mans schedule condensed due to pandemic
›  Water polo: Hungary's triple Olympic champion Benedek dies at 47
›  Soccer: Players take a knee as Premier League restarts
  BUSINESS
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Kroger says demand easing after coronavirus stockpiling
U.S. supermarket chain Kroger Co stopped short of raising its annual forecasts on Thursda...
 
›  Wirecard scrambles to find missing $2.1 billion as loan crunch looms
›  Coronavirus raises stakes as auto unions ready for a fight
›  Wirecard investor DWS says has sold down position, considering legal action
›  U.S. gasoline demand recovery falters as refiners ramp up output
›  Oil edges up on OPEC output cut compliance; pandemic still weighs
›  Exclusive: EU in advanced talks with Johnson & Johnson on COVID-19 vaccine deal - sources
  ENTERTAINMENT
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Lebanese film director keeps faith after COVID-19 dashes Cannes dreams
Many directors would have been devastated when their plans to show their fi...
 
›  DC superheroes coming to your headphones as Spotify signs podcast deal
›  Vera Lynn, voice of hope in wartime Britain, dies at 103
›  Grief over virus deaths sets Hungarian artist on darker course
›  Locked-down puppeteer brings her characters to life in Madrid flat
›  Hong Kong's Disneyland reopens after five-month coronavirus break
›  From Asia to Africa, 'Sesame Street' special tackles coronavirus pandemic
  TECHNOLOGY
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Facebook sues individuals for offering to extract data, gather likes
Facebook Inc said on Thursday it filed lawsuits against individuals in Europe and the Unit...
 
›  Kenya video-conference platform elbows its way into crowded field
›  Amazon and Valentino file joint lawsuit over shoe counterfeiting
›  UK ditches COVID-19 app model to use Google-Apple system
›  DC superheroes coming to your headphones as Spotify signs podcast deal
›  Russia lifts ban on Telegram messaging app after failing to block it
›  Europe threatens digital taxes without global deal, after U.S. quits talks
  LIFE
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George III's gold Breguet watch to be auctioned in London
A gold Breguet watch of George III, the British king who was forced to accept American ind...
 
›  Designers fashion a go-slow future for catwalks and collections
›  Thailand's roving dog groomer back in business
›  Slovenia wins its first Michelin stars
›  France's Givenchy names Matthew Williams as new designer
›  Need a bit more human contact? So do London Zoo's gorillas
›  They call it puppy love: Lockdown Britain sees surge in demand for dogs
       
 


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