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BEIJING, Aug 18 (Reuters) – China on Tuesday lowered national flags at government headquarters to mourn former Premier Zhu Rongji, the no-nonsense reformer who died last week at the age of 97, as the public reminisced about a bygone era while reflecting on his complicated legacy. Security was tightened across the city, particularly around Tiananmen Square, the centre of China’s political power. The square lies along the eastbound route to […]

SAO PAULO (AP) — Brazil’s President Luiz Inácio Lula da Silva said on Monday that oil drilling in northern and northeastern coastal regions could be “a passport to the country’s future” after visiting a Petrobras offshore drilling vessel following a find announced last week near the mouth of the Amazon River. Petrobras, Brazil’s majority state-owned corporation, said on Friday that it had detected hydrocarbons during exploratory drilling about 180 kilometers […]

A U.S. judge on Monday blocked plans to move the FBI’s headquarters to a federal office building in Washington, finding that President Donald Trump’s administration illegally tossed out a previously approved plan to build a new facility nearby in Maryland. The ruling is the latest development in a yearslong battle over where to house the main office for the nation’s premier law enforcement agency. A site in Greenbelt, Maryland, was […]

By Nilutpal Timsina LUSAKA, Aug 18 (Reuters) – After restructuring Zambia’s debt in his first term, Hakainde Hichilema says there is more work to be done in his second and wants to double the size of the economy, create more jobs and expand opportunities for households. The 64-year-old won a second term on Tuesday with roughly 60% of the vote, defeating his main challenger Brian Mundubile after campaigning on a […]

Aug 18 (Reuters) – Australian investment manager EQT Holdings said on Tuesday it had received a takeover proposal from U.S.-based brokerage firm TPG Global, LLC, valuing the company at A$657.8 million ($467.63 million). Here are more details: • The bid is at an indicative price of A$24.55 per share in cash, representing a 41.8% premium to EQT’s closing price on Monday. • TPG has requested a period of exclusivity to […]

By Nelson Bocanegra and Luis Jaime Acosta BOGOTA, Aug 17 (Reuters) – The economic losses from a powerful earthquake that struck Colombia last week are expected to reach 30 trillion pesos ($9.58 billion), Colombia’s President Abelardo De La Espriella said on Monday. De La Espriella said the impact included roughly 24.5 trillion pesos in buildings and 5.5 trillion pesos in infrastructure. “Just imagine the scale of the disaster,” De La […]

LUSAKA, Aug 18 (Reuters) – Zambia’s President Hakainde Hichilema secured a second term in office after winning the Southern African country’s presidential election, official results released by the Electoral Commission of Zambia showed in the early hours of Tuesday morning. (Reporting by Chris Mfula;Additional reporting by Nilutpal Timsina;Writing by Sfundo Parakozov;Editing by Alexander Winning) Brought to you by www.srnnews.com

Aug 17 (Reuters) – Citadel Securities, the market-making firm founded by billionaire Ken Griffin, on Monday urged the U.S. Securities and Exchange Commission to reconsider a proposal to scrap a longstanding Wall Street regulation requiring the execution ‌of stock trades at the best available price. The firm said the SEC’s proposal, which has become one of the biggest U.S. market structure issues in years because the rule sits at the […]

John Harbaugh isn’t ready to commit to wide receiver Malik Nabers playing Week 1, but the New York Giants’ head coach admitted he is “praying” that will be the case. Nabers participated in full-speed live drills on Monday for the first time since suffering a torn ACL and meniscus in his right knee in Week 4 last season. Wearing a no-contact jersey, Nabers ran a few routes during 11-on-11 and […]