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  • CHENGDU, China, July 24- Policymakers from the Group of 20 economies said on Sunday they recognise that excess capacity in steel and other industries is a global issue that has had a negative impact on trade and workers and which requires a collective response. In a joint communique issued at the two-day conference of G20 central bankers and finance ministers in...

  • BEIJING— Finance officials of major economies have pledged to boost sluggish global economic growth and defend against the shockwaves of Britain's exit from the European Union. Envoys from the Group of 20 major economies ended a two-day meeting Sunday with a pledge to use government spending and regulatory reforms to strengthen growth but announced no...

  • BEIJING— An official news agency says China has unveiled the world's largest amphibious aircraft that Beijing plans to use for marine missions and fighting forest fires. The Xinhua News Agency said the AG600 rolled off a production line in Zhuhai in southern China on Saturday. Last week, a Cessna 208 B seaplane making its inaugural flight in China crashed into a...

  • CHENGDU, China, July 24- Members of the Group of 20 major economies have prepared actively to cope with the potential economic and financial impact of the Brexit decision but hope Britain and the European Union can actively form a close partnership, according to a statement from China.

  • CHENGDU, China, July 24- Europe's banking system is stronger as a whole due to reforms put in place in recent years but banks should continue to clean up balance sheets and address legacy quality issues, U.S. Treasury Secretary Jack Lew said on Sunday. Lew made the comments in a meeting with Italian Economy Minister Pier Carlo Padoan on the sidelines of a G20 meeting...

  • CHENGDU, China, July 24- The world's leading economies have discussed how to take advantage of their lower debt costs to spend more on investment as a way to boost weak economic growth, the head of the Organisation for Economic Co-operation and Development said. "Already lower interest rates create more fiscal space," OECD Secretary General Angel Gurria told...

  • CHENGDU, China, July 24- Downward pressure on the Chinese economy remains fairly large but it should be able to expand more than 6.5 percent this year, Bai Chongen, a policy adviser to the central bank and professor at Tsinghua University, told Reuters on Sunday. China's policymakers have already done a lot on the monetary policy front, Bai said, adding he agreed with...

  • SAN DIEGO, Calif., July 23- Amid fog and lasers on Saturday, Marvel gave frenzied fans at Comic-Con their first look at a new Black Panther movie cast, the mysterious Doctor Strange, a Spider-Man teen movie and an Oscar-winning actress as the new Captain Marvel. The 6,500- plus audience, many of whom had queued overnight at San Diego's annual film and pop culture event,...

  • CHENGDU, China, July 24- Leaders from the world's biggest economies are poised on Sunday to renew their commitments to support global growth and better coordinate actions in the face of uncertainty over Britain's decision to leave the European Union and growing protectionism. The meeting of finance ministers and central bankers from the Group of 20 major...

  • July 23- Tesla Motors Inc and SolarCity Corp have made progress in putting together a deal that will merge the electric car maker and the solar panel installer, people familiar with the matter said. The two companies, which count billionaire Elon Musk as a major shareholder, are in the final stages of carrying out due diligence on each other, and could agree on the...

  • HONG KONG, July 24- High-end lingerie sales are outpacing China's generally downbeat luxury market, and heating up competition between international brands and local rivals looking to go upmarket. U.S. brand Victoria's Secret will open its first store, and companies including Italy's ultra-luxury La Perla and Germany's Triumph are adding stores and moving...

  • *China M2 was 73 pct higher than U.S. "The amount of debt that China has taken in the last 5-7 years is unprecedented," said Morgan Stanley's head of emerging markets, Ruchir Sharma, at a book launch in Singapore. "No developing country in history has taken on as much debt as China has taken on on a marginal basis."

  • *Apple targeted after South China Sea ruling. HONG KONG, July 24- Apple Inc found itself on the receiving end of a small, short-lived anti-U.S. protest this week in China, the tech firm's biggest overseas market and a country where foreign firms have suffered damaging boycotts following international spats. "There's not much Apple or any other foreign firm can do to...

  • The city of North Battleford, which draws its drinking water in part from the North Saskatchewan River, shut its supply intake on Friday and switched to using ground water, provincial officials said in a telephone conference with reporters. The Calgary- based company has shut the line, stopping the leak, and has been working to contain the spill.

  • WASHINGTON, July 23- Recent attacks on civilians in the U.S. and Europe have exposed a gap in the intelligence community's efforts to track suspected extremists and prevent mass killings, a half dozen American, British and French counterterrorism officials told Reuters. They included the mass shooting at a gay nightclub in Orlando, Florida; the murder of a...

  • The city of North Battleford, which draws its drinking water in part from the North Saskatchewan River, shut its supply intake on Friday and switched to using ground water, provincial officials said in a telephone conference with reporters. Water levels rose on Friday, pushing debris into the booms upstream from North Battleford, a city of 14,000, and the oil...

  • SAO PAULO— Brazilian police have arrested another man suspected of belonging to a group that allegedly discussed carrying out attacks during the Olympics. The Federal Police Department says in a brief statement posted on its website that the man turned himself in Friday night in the central-western state of Mato Grosso. Justice Minister Alexandre de Moraes...

  • SPRINGFIELD, Ill.— A new Illinois law limits how police can use devices that cast a wide net in gathering cellphone data and are at the center of a lawsuit against the Chicago Police Department. "Cell site simulator technology too powerful to remain unregulated," Khadine Bennett, who is associate legislative director for the American Civil Liberties Union of...

  • KANSAS CITY, Mo.— A federal judge has tossed out a woman's lawsuit against Home Depot over the deaths of her husband and two children who had sought refuge inside the big-box store destroyed during the devastating 2011 tornado in Joplin, Missouri. District Judge Douglas Harpool threw out Edie Howard Housel's wrongful-death case Thursday at Home Depot's...

  • Hudson is in Pasco County, near Tampa. Trulieve and Hackney Nursery, which is the dispensing organization for Northwest Florida, received processing and dispensing authorization from the state Department of Health on Tuesday. Christian Bax, director of the Office of Compassionate Use, told the Florida Senate's Regulated Industries subcommittee during a...