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NBA great Michael Jordan speaks out on death of George Floyd: 'We have had enough'

(Reuters) - Basketball great Michael Jordan voiced outrage on Sunday over the death of George Floyd, a black man shown on video gasping for breath as a white policeman knelt on his neck in Minneapolis, an incident that has triggered violent nationwide protests. Jordan said his heart went out to the family of Floyd and others who have died through acts of racism. “I am deeply saddened, truly pained and plain angry,” Jordan, a Basketball Hall of ... Full story

Police ban Hong Kong's vigil for Tiananmen Square

Media playback is unsupported on your device Media caption Images from last year's commemoration in Hong Kong. Hong Kong police have banned a vigil marking the Tiananmen Square crackdown for the first time in 30 years. Authorities said the decision was due to health concerns over coronavirus. However, there are fears this may end the commemorations, as China seeks to impose a new law making undermining its authority a crime in the territory. ... Full story

Tropical Storm Amanda: At least 14 dead in El Salvador News

Image caption The force of the floods swept away cars in the capital, San Salvador. Tropical Storm Amanda killed at least 14 people when it struck El Salvador, unleashing flooding and landslides, officials say. The president of El Salvador, Nayib Bukele, has declared a 15-day state of emergency to deal with the effects of the deadly storm. He said it had caused $200m (£161m) worth of damage. Thousands of people have sought refuge in shelters ... Full story

Gilead trades that made millions on COVID-19 drug news raise eyebrows

NEW YORK/WASHINGTON (Reuters) - Well-timed trades in Gilead Sciences Inc’s ( GILD.O ) options ahead of good news on the biopharmaceutical company’s COVID-19 drug treatment may draw regulatory scrutiny, experts said. FILE PHOTO: Gilead Sciences Inc pharmaceutical company is seen after they announced a Phase 3 Trial of the investigational antiviral drug Remdesivir in patients with severe coronavirus disease (COVID-19), during the outbreak of the ... Full story

In China, U.S. protests a hot topic on state, social media

BEIJING (Reuters) - Chinese state media is giving extensive coverage to violent protests roiling cities across the United States, while the unrest has also featured widely in Chinese social media. FILE PHOTO: Protesters rally against the death in Minneapolis police custody of George Floyd, in Portland, Oregon, U.S. May 31, 2020. REUTERS/Terray Sylvester/File Photo. The death of George Floyd, a 46-year old black man, while in police custody last ... Full story

Truck drives into protesters on Minneapolis highway

MINNEAPOLIS (Reuters) - A tanker truck drove through thousands of people marching on a Minneapolis highway to protest the death of George Floyd on Sunday before protesters dragged the driver from the cab and beat him, according to a Reuters witness and authorities. It did not appear any of the marchers were injured when the truck raced towards them on I-35, blowing its horn, sending protesters scattering before coming to a stop, according to ... Full story

South Africans cheer as alcohol goes back on sale

Image caption Traders will only be permitted to sell alcohol for consumption off-site. Long queues have formed outside shops selling alcohol in South Africa after restrictions on its sale, imposed two months ago as part of measures to fight Covid-19 were lifted. Social media posts showed people, who had braved the morning chill, cheering as buyers emerged with their bottles. The alcohol ban was to allow police and hospitals to better focus on ... Full story

Truckmaker Scania signals lay-offs, has 5,000 more staff than needed

FILE PHOTO - The logo of Swedish truck maker Scania is pictured on a wheel at the IAA truck show in Hanover, September 22, 2016. REUTERS/Fabian Bimmer. STOCKHOLM/FRANKFURT (Reuters) - Swedish truckmaker Scania, owned by Germany’s Traton ( 8TRA.DE ), is planning major job cuts and estimates it has 5,000 more staff globally than it needs as a result of the coronavirus crisis. Traton, in which Volkswagen ( VOWG_p.DE ) has a 89.7% stake, said last ... Full story

OPEC, Russia discuss extending oil cuts for 1-2 months: sources

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria April 9, 2020. REUTERS/Leonhard Foeger. DUBAI/MOSCOW (Reuters) - OPEC and Russia are moving closer to a compromise on extending current oil output cuts and are discussing a proposal to roll over supply curbs for one to two months, three OPEC+ sources told Reuters on Monday. OPEC+ decided in April to cut output by a ... Full story

Wall Street and Fed fly blind as coronavirus upends annual stress tests

WASHINGTON (Reuters) - U.S. financial regulators, banks and their investors will get their first glimpse into the health of the nation’s banking system as it confronts soaring corporate and consumer defaults in the economic crisis sparked by the novel coronavirus. FILE PHOTO: FILE PHOTO: A man wears a protective mask as he walks past the New York Stock Exchange on the corner of Wall and Broad streets during the coronavirus outbreak in New York ... Full story

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