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Economy

TransCanada seeks US$15bil in damages

TORONTO: TransCanada Corp is formally requesting arbitration over US President Barack Obama’s rejection of the Keystone XL pipeline, seeking US$15bil in damages, the company said in legal papers.

Tennis

Tennis - 'Pressure? What pressure?,' asks Williams at Wimbledon

LONDON (Reuters) - Serena Williams gave little away on Sunday as she assessed her chances of retaining her Wimbledon title -- and dismissed suggestions that she is under any pressure.

World

Panama opens expanded canal to newer, bigger ships

PANAMA CITY: Panama on Sunday declared its century-old canal open to a new generation of supersized cargo ships after years of massive expansion works aimed at boosting its cut from burgeoning US-Asia trade.

Swimming

Lochte and Kalisz line up for first showdown of U.S. trials

OMAHA, Nebraska (Reuters) - Newcomer Chase Kalisz edged Olympic champion Ryan Lochte to register the top qualifying time in the men's 400 metres individual medley on Sunday and set up the first showdown of the U.S. Olympic Swim Trials.

World

Clinton campaign hits Trump for seeing Brexit as boon to his business

WASHINGTON (Reuters) - Hillary Clinton's presidential campaign accused Donald Trump on Sunday of caring more about how Britain's historic vote to leave the European Union would benefit his financial bottom line than how it would impact the U.S. economy.

World

CIA weapons for Syrian rebels sold to arms black market - NYT

(Reuters) - Weapons shipped into Jordan for Syrian rebels by the Central Intelligence Agency and Saudi Arabia were stolen by Jordanian intelligence operatives and sold to arms merchants on the black market, the New York Times reported, citing American and Jordanian officials.

Corporate News

British stocks and pound continue to slide after Brexit vote

LONDON: The British stock market and the pound fell in value in early trading Monday even as Britain's finance minister insisted that the government was "equipped for whatever happens" as a result of last week's shock public vote to withdraw from the European Union.

Swimming

Phelps happy to let 'little brother' take down old foe

OMAHA, Nebraska (Reuters) - Michael Phelps had no appetite for a rematch with Ryan Lochte in the 400 metres medley so left it to the swimmer he calls his little brother to beat up on an old foe at the U.S. Olympic swim trials on Sunday.

Football

Chile clinch Copa America title in shootout

EAST RUTHERFORD, New Jersey (Reuters) - Lionel Messi blasted a penalty over the bar in what looks like being his last act in international football as Chile beat Argentina in a shootout to win the Copa America for the second year in a row on Sunday.

Tennis

Big-serving Cilic powers past American Baker

LONDON (Reuters) - Marin Cilic's firepower proved too much for American Brian Baker as the Croatian cruised through his Wimbledon first-round match 6-3 7-5 6-3 on Monday.