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  • VATICAN CITY, May 20- Pope Francis said on Sunday he would elevate 14 churchmen from five continents to the rank of cardinal, picking candidates who work with the poor or where Catholics are in a minority and putting his stamp on the group that will elect his successor. Making the surprise announcement during his weekly Sunday address, the pope said the new...

  • DUBAI, United Arab Emirates— The United Arab Emirates, home to financial hubs Abu Dhabi and Dubai, is loosening its residency laws and will grant long-term visas for up to 10 years to investors and highly-skilled professionals. The 10- year residency visas will be granted to specialists in science, medicine and research, and to "exceptional students."

  • WASHINGTON, May 20- The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. On Saturday, Beijing and Washington said they would keep talking about measures under which China would import more energy and agricultural commodities from the United States to...

  • LOS ANGELES, May 20- Deadpool might not consider himself a superhero, but its latest installment is off to a powerful start. The Marvel Comics film from 20th Century Fox debuted in North American with $125 million in 4,349 locations. The Ryan Reynolds-starrer bowed overseas with $176 million for a global weekend total of $301 million.

  • CAMARILLO, Calif.— The average price of regular-grade gasoline in the U.S. jumped 10 cents a gallon over the past two weeks to $3.00. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price has spiked 41 cents over the past three months. The highest average price in the contiguous 48 states was $3.79 in the San Francisco Bay Area.

  • May 20- General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp, a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday. A deal that could value the combined company at more than $20 billion could be announced as early as this week, the sources said,...

  • EXCLUSIVE-GENERAL ELECTRIC CO NEARS DEAL TO MERGE TRANSPORTATION UNIT WITH WABTEC CORP- SOURCES.

  • CONCORD, N.H.— A multinational company that develops and builds equipment for military use worldwide is choosing Portsmouth, New Hampshire, as its U.S. headquarters. Revision Military will be opening its offices at Pease International Tradeport. Chris Sununu says the move proves that New Hampshire's business climate is improving.

  • "I think with a holiday on our second weekend we'll catch' Deadpool' if not exceed it," said Chris Aronson, distribution chief for 20th Century Fox. Disney and Marvel's "Avengers: Infinity War" brought in an estimated $29 million in North America for a four-week take of $595 million domestically and $1.2 billion internationally. In a whole different corner of the...

  • TOKYO, May 21- Strong global demand has helped cushion the impact on Nippon Steel& Sumitomo Metal Corp of new U.S. import duties, but Japan's top steelmaker remains worried Washington's trade barriers could lead to a glut in Asia, its much bigger market. Japan is among the top 10 steel exporters to the United States which in March began imposing a 25 percent tariff on...

  • *EU needs to shore up oil trade with Iran. TEHRAN, May 20- The European Union is not doing enough to preserve the benefits for Iran from the 2015 international nuclear pact following the withdrawal of the United States, Iran's foreign minister told the EU's energy chief on Sunday. Miguel Arias Canete, European Commissioner for energy and climate, said Tehran wanted...

  • LOS ANGELES, May 20- Deadpool might not consider himself a superhero, but its latest installment is off to a powerful start. The Marvel Comics film from 20th Century Fox debuted in North American with $125 million in 4,349 locations. The Ryan Reynolds-starrer bowed overseas with $176 million for a global weekend total of $301 million.

  • HELENA, Mont.— Forget the gray, green and brown dinosaurs in the "Jurassic Park" movies. Paleontologist Jack Horner wants to transport people back in time to see a feathered Tyrannosaurus rex colored bright red and a blue triceratops with red fringe similar to a rooster's comb. "I'm always trying to figure out a good way to get the science of paleontology across to the...

  • NEW YORK— Speaking about a peak suddenly made stocks weak. Investors got a rude awakening in April when executives at Caterpillar said the construction and mining equipment company didn't expect to top its first-quarter profit for the rest of the year. Sam Stovall, chief investment strategist for CFRA, said that based on the state of the economy and recent...

  • WASHINGTON, May 20- The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. On Saturday, Beijing and Washington said they would keep talking about measures under which China would import more energy and agricultural commodities from the United States to close...

  • *Iran looking for more support from Europe. PARIS, May 20- France is looking to see if the European Union could compensate European companies that might face U.S. sanctions for doing business with Iran, French finance minister Bruno Le Maire said on Sunday. European companies conducting business in Iran face U.S. sanctions after President Donald Trump withdrew...

  • WASHINGTON, May 20- The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. On Saturday, Beijing and Washington said they would keep talking about measures under which China would import more energy and agricultural commodities from the United States to close...

  • TEHRAN, May 20- The European Union is not doing enough to preserve the benefits for Iran from the 2015 international nuclear pact following the withdrawal of the United States, Iran's foreign minister told the EU's energy chief on Sunday. "With the withdrawal of America, public expectations from the European Union have increased in order to maintain the deal's...

  • "The two leaders will work closely and unwaveringly for the successful hosting of the North Korea- U.S. summit set on June 12, including the upcoming South Korea-U.S. summit," the presidential official said. The White House said Trump and Moon discussed recent developments in North Korea and continued "their close coordination ahead of President Trumps June 12...

  • WASHINGTON— The Latest on U.S.- China trade talks:. Treasury Secretary Steven Mnuchin says the United States and China are "putting the trade war on hold" after two days of talks that he says produced meaningful progress. The United States and China have agreed to take measures to "substantially reduce" America's massive trade deficit with China.