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U.S. withdrawal leaves vacuum at U.N. rights forum

GENEVA (Reuters) - China, Britain and the European Union lamented on Wednesday Washington‘s decision to withdraw from the U.N. Human Rights Council as Western countries began looking for a substitute for the coveted seat.

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Walt Disney raises bid for Fox assets to 71.3 billion, adds cash

(Reuters) - Walt Disney Co raised its bid for Twenty-First Century Fox Inc assets to 71.3 billion on Wednesday, sweetening its offer with cash as it looks to scuttle Comcast Corp‘s 65 billion offer last week.

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Judge denies Stormy Daniels request to restart case against Trump, Cohen

(Reuters) - A federal judge in Los Angeles has rejected a request by the adult film actress Stormy Daniels to restart her lawsuit there against U.S. President Donald Trump and his longtime lawyer Michael Cohen.

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Iran signals compromise for modest rise in OPEC oil output

VIENNA (Reuters) - Iran signaled on Wednesday it could compromise on a small increase in OPEC oil output when the group meets this week, as Saudi Arabia scrambled to convince fellow members on the need for a larger rise in production.

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Walt Disney raises bid for Fox assets to 71.3 billion, tops Comcast

(Reuters) - Walt Disney Co sweetened its bid for Twenty-First Century Fox Inc assets to 71.3 billion on Wednesday, topping Comcast Corp‘s 65 billion offer last week.

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After surrendering CSeries, Bombardier pushes regional plane revival

MONTREAL (Reuters) - As Bombardier surrenders hopes of securing a top spot in commercial aviation with the sale of its money-losing CSeries jet program to Airbus , the Canadian company is now drawing up plans to breathe new life into its older regional planes.

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Exclusive: Pope urges press freedom, cites case of jailed Reuters reporters

VATICAN CITY (Reuters) - Pope Francis has appealed for greater press freedom around the world, citing the case of two Reuters journalists jailed in Myanmar on accusations of possessing secret documents.

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Walt Disney raises bid for Fox assets to 38 per share

(Reuters) - Twenty-First Century Fox Inc said on Wednesday Walt Disney Co raised its offer for Fox assets to 38 per share.

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EU to impose duties on U.S. imports Friday after Trump tariffs

BRUSSELS (Reuters) - The European Union will begin charging import duties of 25 percent on a range of U.S. products on Friday, in response to U.S tariffs imposed on EU steel and aluminum early this month, the European Commission said on Wednesday.

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Exclusive: Pope says China talks going well, dialogue worth the risk

VATICAN CITY (Reuters) - Pope Francis has voiced optimism for improved ties between the Vatican and China, rejecting criticism that the Holy See may be selling out Catholics to Beijing‘s communist government.

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EU to hit U.S. imports from Friday in response to Trump tariffs

BRUSSELS (Reuters) - The European Union will start charging import duties of 25 percent on a range of U.S. products from Friday after Washington imposed tariffs on EU steel and aluminum at the start of June, the European Commission said on Wednesday.

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Oil traders ready for musical chairs as China tariffs loom

NEW YORK (Reuters) - Oil markets are bracing for a reshuffle of global trade flows as China threatens to impose tit-for-tat tariffs on imports of U.S. energy products, including crude.

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Chinese media denounces Trump trade moves as Beijing touts sincerity

BEIJING (Reuters) - The Trump administration has "blood lust" when it comes to pushing its trade agenda against China and wants to "suck the lifeblood" from China‘s economy, a state-run newspaper said on Wednesday, stepping up the angry rhetoric over their dispute.

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Exclusive: Pope criticizes Trump administration policy on migrant family separation

VATICAN CITY (Reuters) - Pope Francis has criticized the Trump administration‘s policy of separating migrant families at the Mexican border, saying populism is not the answer to the world‘s immigration problems.

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China says it regrets U.S. quitting U.N. rights council

BEIJING (Reuters) - China expressed regret on Wednesday over a U.S. decision to withdraw from the U.N. Human Rights Council, with state media saying the image of the United States as a defender of rights was "on the verge of collapse".

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Taliban kill 30 Afghan soldiers in first major attack since ceasefire

KABUL (Reuters) - Taliban militants killed 30 Afghan soldiers and captured a military base in the western province of Badghis on Wednesday, the provincial governor said, their first major attack since a ceasefire for the Eid al-Fitr holiday.

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Saudi struggles for Gulf oil producers‘ support ahead of OPEC meeting

VIENNA (Reuters) - Saudi Arabia is struggling to reach a unified position with fellow Gulf crude producers on the need to raise oil output, sources familiar with the talks said on Wednesday, adding to complications ahead of an OPEC meeting this week.

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Taliban kill 30 Afghan soldiers and take base in first major attack since ceasefire

KABUL (Reuters) - Taliban militants killed 30 Afghan soldiers and captured a military base in the western province of Badghis on Wednesday, the provincial governor said, their first major attack since a ceasefire for the Eid al-Fitr holiday.

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Taliban kill 30 Afghan soldiers in first major attack since ceasefire: governor

KABUL (Reuters) - Taliban militants killed 30 members of the Afghan security forces in an ambush in the western province of Badghis on Wednesday, the provincial governor said, their first major attack since a ceasefire for the Eid al-Fitr holiday.

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Taliban kill 30 soldiers in first major attack since ceasefire, governor says

KABUL (Reuters) - Taliban militants killed 30 security forces in an ambush on two checkpoints in the farwestern province of Badghis early on Wednesday, the provincial governor said, their first major attack since the their Eid ceasefire.

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Latecomer Sanofi looks to catch next wave of cancer therapies

PARIS (Reuters) - Sanofi missed the boat on immune system-boosting cancer drugs. Now it‘s trying to catch up.

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Asian stocks pick up steam as hopes of policy support lift China

SHANGHAI (Reuters) - Asian stock markets picked up steam in afternoon trade on Wednesday after a wobbly morning session, highlighting the lingering anxiety and uncertainty surrounding a heated trade dispute between China and the United States.

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Fox to craft script for M&A summer blockbuster

(Reuters) - Twenty-First Century Fox Inc‘s board is set to decide on Wednesday whether to entertain Comcast Corp‘s 65 billion cash bid for the New York-based media company or stick with its roughly 52 billion all-stock offer from Walt Disney Co , people familiar with the matter said.

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U.S. shale producers warn Chinese tariffs would hit energy exports

HOUSTON (Reuters) - China‘s proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry‘s largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week.

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