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BEIRUT, Aug 13 (Reuters) – A Lebanese official denied on Thursday a Reuters report that Beirut had agreed with Israel to a shortlist of countries that could send troops to Lebanon to verify the disarmament of Lebanese militant group Hezbollah, and said it was following up on the issue with Washington.  A June 26 deal brokered by the U.S. linked the progressive withdrawal of Israeli troops from southern Lebanon to […]

By Emily Giles, Elwely Elwelly and Melory Ghazi DUBAI, Aug 13 (Reuters) – Iran’s state media has mocked U.S. President Donald Trump after new details emerged about his secret aircraft switch during a visit to Turkey, saying it showed just how nervous he is about the Islamic Republic’s power. “Again, Trump, with his new scandal, has become the top subject in the U.S. media these days. A scandal stemming from […]

By Andy Bruce MANCHESTER, England, Aug 13 (Reuters) – Britain’s economy is showing the clearest signs yet that it is benefitting from the global artificial intelligence boom, with data on Thursday showing rapid growth in related industries and a surge in computer hardware investment. While the Office for National Statistics said Britain’s economy grew by 0.4% in the second quarter, the information and communications sector contributed almost half of that […]

By Anushree Mukherjee Aug 13 (Reuters) – As the U.S.-Iran war drags on with no end in sight, oil traders and policymakers are grappling with a critical question: are global oil stocks enough to offset what could become the biggest supply disruption on record? The answer is far from clear, depending not only on how much oil remains in storage, but also on how much of it can actually be […]

MOSCOW, Aug 13 (Reuters) – A Russian military officer was killed on Thursday in what authorities described as an assassination in Sevastopol, the largest city in Russian-annexed Crimea, regional governor Mikhail Razvozhayev said. He said a woman had been arrested on suspicion of carrying out the attack on behalf of Ukrainian special services. There was no immediate comment from Ukraine. Razvozhayev did not identify the victim or the suspect. State […]

By Kirstin Ridley and Elizabeth Howcroft LONDON, Aug 13 (Reuters) – Britain’s financial regulator and HTX, a cryptocurrency exchange under UK and European Union sanctions, are in talks to settle allegations that the group is illegally promoting crypto services in the UK, court documents show. The Financial Conduct Authority last October sued HTX — formerly known as Huobi — one of the world’s largest crypto platforms, in which Chinese billionaire […]

By Maximilian Heath and Oliver Griffin BUENOS AIRES/SAO PAULO, Aug 13 (Reuters) – Latin America is bracing for what experts say could be the strongest El Niño on record, raising questions about how the climate phenomenon will affect the world’s top food-exporting region.   El Niño, characterized by unusually warm sea surface temperatures in the central and eastern tropical Pacific Ocean, disrupts weather patterns worldwide. In Latin America, it typically brings […]

Aug 13 (Reuters) – Futures tied to Wall Street’s main indexes inched higher on Thursday as crude oil prices fell and investors awaited producer-price inflation data for clues on inflation and the Federal Reserve’s interest rate path. Brent crude futures fell 1.9%, declining after six straight sessions of gains as investors assessed prospects for weaker global demand this year and higher U.S. crude stocks. Iran and the United States remain […]

Aug 13 (Reuters) – Tapestry on Thursday issued an upbeat annual earnings forecast after beating Wall Street estimates for quarterly profit, helped by resilient demand from affluent and young shoppers for its Coach handbags. However, persistent weakness at its Kate Spade brand led to the company to forecast muted annual revenue, pushing shares down about 5% in premarket trading. The stock has gained roughly 20% this year. New York-based Tapestry, […]