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Exclusive: Indonesia, major advocate of hydroxychloroquine, told by WHO to stop using it

(Reuters) - The World Health Organization has urged Indonesia, one of the world’s biggest advocates of two malaria drugs to treat the coronavirus, to suspend such treatment over safety concerns, a source familiar with the advice told Reuters on Tuesday. FILE PHOTO: A nurse shows a pill of hydroxychloroquine, amid the coronavirus disease (COVID-19) outbreak, at Nossa Senhora da Conceicao hospital in Porto Alegre, Brazil, April 23, 2020. ... Full story

Malka Leifer: Rape-accused ex-principal fit for extradition to Australia

Image caption Malka Leifer arrives for a hearing at the District Court in Jerusalem on Tuesday. An Israeli woman facing 74 child sex charges in Australia is mentally fit to face extradition, a court has ruled. Malka Leifer, the former principal of a Jewish girls' school in Melbourne, fled to Israel in 2008 after accusations were raised against her. Extradition hearings were delayed for two years as Ms Leifer, 54, said panic attacks prevented ... Full story

U.S. new home sales unexpectedly rise in April

FILE PHOTO: Newly constructed single family homes are shown for sale in Encinitas, California, U.S., July 31, 2019. REUTERS/Mike Blake. WASHINGTON (Reuters) - Sales of new U.S. single-family homes unexpectedly rose in April, but the gains are likely temporary as the coronavirus crisis ravages the economy, unleashing record unemployment. The Commerce Department said on Tuesday new home sales increased 0.6% to a seasonally adjusted annual rate of ... Full story

Fears of coronavirus second wave prompt flu push at U.S. pharmacies, drugmakers

NEW YORK (Reuters) - U.S. pharmacy chains are preparing a big push for flu vaccinations when the season kicks off in October, hoping to curb tens of thousands of serious cases that could coincide with a second wave of coronavirus infections. FILE PHOTO: A nurse displays a flu vaccine at a free medical and dental health clinic in Los Angeles, California, U.S., April 27, 2016. REUTERS/Lucy Nicholson. CVS Health Corp ( CVS.N ), one of the largest ... Full story

Def Jam Africa Launches With Nigerian and South African Roster

Universal Music Group has launched Def Jam Africa, a pan-African label division “following the blueprint” of Def Jam Recordings , according to a press release. The launch roster features a clutch of Nigerian and South African artists: Larry Gaaga, Boity, Cassper Nyovest, Nadia Nakai, Nasty C, Tshego, Tellaman, Ricky Tyler, and Vector. Sipho Dlamini, the managing director of Universal Music’s Sub-Saharan Africa & South Africa division, said in a ... Full story

Lithium producers must wait as pandemic slows electric vehicle revolution

JOHANNESBURG/HOUSTON (Reuters) - The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets. FILE PHOTO: A parking sign for electric vehicles is pictured, where U.S. electric vehicle pioneer Tesla announced to build its first European factory and design center near Berlin, in Gruenheide, Germany, November 13, ... Full story

EU urges China to respect Hong Kong autonomy

European Council President Charles Michel speaks during a news conference following an EU-Japan videoconference summit at the European Council headquarters in Brussels, Belgium May 26, 2020. Francisco Seco/Pool via REUTERS. BRUSSELS (Reuters) - China must respect Hong Kong’s autonomy, the European Union said on Tuesday, amid controversy over Chinese plans to adopt a national security law for the city. “We attach great importance to the ... Full story

BlackRock puts 'modest overweight' on credit

FILE PHOTO: The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid. LONDON (Reuters) - BlackRock Investment Institute (BII) predicted on Tuesday that developed market government bond returns would be negative over the next five years and raised its outlook on credit to “modestly overweight” on extraordinary central bank measures. “Developed market central bank actions should pave the ... Full story

U.S. military says Russia deployed fighter jets to Libya

TUNIS (Reuters) - The U.S. military said on Tuesday that Russia has deployed fighter aircraft to Libya to support Russian mercenaries fighting for eastern forces, adding to concerns of a new escalation in the conflict. FILE PHOTO: A boy wearing a Libyan flag takes part in a celebration marking the sixth anniversary of the Libyan revolution, in Benghazi, Libya February 17, 2017. REUTERS/Esam Omran Al-Fetori/File Photo. “Russian military aircraft ... Full story

Brazil registers steepest monthly deflation in over quarter of a century

BRASILIA (Reuters) - Brazil experienced its most aggressive deflation for at least 26 years in May, according to a mid-month measure of consumer prices released on Tuesday, as the coronavirus crisis triggered a collapse in transport and related prices. A costumer looks for drinks at a supermarket in Rio de Janeiro, Brazil May 10, 2019. REUTERS/Pilar Olivares. The monthly rate of Brazil’s IPCA-15 consumer price inflation in the month to mid-May ... Full story