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LONDON: Britain's banks took a gloomier view than almost all their European peers in their second quarter earnings, as coronavirus fears, Brexit and low interest rates caused them to take tougher "worst-case" scenarios into their risk models.
Forced TikTok sale in US is compared to ‘robbery’ in China but ByteDance has few options, experts say
US President Donald Trump has threatened to put TikTok ‘out of business’ in the country if it is not sold by Sept 15. Chinese experts slam the move, but say TikTok’s Beijing-based parent company ByteDance has few other options.
BEIJING (China Daily/ANN): China could emerge from the coronavirus pandemic with a more dominant economy, replacing the United States as the world's largest within the current decade, according to experts.
SEOUL (Reuters) - South Korean officials are working to keep more than a thousand people displaced by flooding safe and healthy with anti-coronavirus measures in place at crowded shelters as the government weighed declaring disaster zones on Wednesday.
MANILA (Xinhua): Two Filipinos were among those killed in Tuesday's (Aug 4) powerful explosion that ripped through Lebanese capital Beirut, the Philippines' Department of Foreign Affairs (DFA) said on Wednesday.
BEIRUT (Reuters) - Lebanese rescue workers dug through rubble on Wednesday looking for survivors after a massive warehouse explosion sent a devastating blast wave across Beirut, killing at least 100 people and injuring nearly 4,000.
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WASHINGTON (Reuters) - President Donald Trump on Tuesday cast a massive explosion in Beirut as a possible attack, despite statements by Lebanese leaders that it was likely caused by highly explosive material that had been stored at warehouses in the capital for years.
BEIRUT -- Two explosions happened in Beirut on Tuesday, leaving more than 50 dead and around 2,500 injured, Lebanese Health Minister Hamad Hassan was quoted by al-Jadeed TV as saying.
ISTANBUL (Reuters) - Turkish President Tayyip Erdogan spoke with Lebanese counterpart Michel Aoun about the massive explosion in Beirut on Tuesday and said Turkey was ready to provide humanitarian aid as needed, the presidency said.