Business


German FM plays down spat with US

While it is unclear whether Merkel has deliberately picked a fight with Trump or misspoken and bitten off more than she can chew, challenging his stance is popular in Germany. The Social Democrat leader then said it did not matter that Merkel and he were in the middle of an election campaign, as "the chancellor represents all of us at summits like these, and I reject with outrage the way this man takes it upon himself to treat the head of our country's government".



Oil slips further on disappointing OPEC meeting outcome

The July crude contract fell $2.46 at US$48.90 per barrel, its biggest decline in more than two months. In August 2014, the average daily output was 10.84 million barrels. The cartel next meets in November. That will be welcome news to consumers and energy-hungry businesses worldwide but could continue to strain the budgets of some of the more economically-troubled oil-producing nations, like Venezuela and Brazil.


Six People Killed in London 'Terrorist Attacks'

Six People Killed in London 'Terrorist Attacks'

On London Bridge , witnesses described seeing a white van mounting the sidewalk and injuring at least six people at about 10:30 p.m. Rowley said the assailants were wearing fake explosive vests. Officials also said one police officer was injured while responding to the London Bridge incident. The first incident was reported at London Bridge when a van swerved off the road into a crowd of pedestrians, BBC reported.



Slow US jobs growth takes shine off dollar, stocks hold all-time highs

Eastern Time. Economists surveyed by MarketWatch are forecasting 185,000 jobs were created last month. Wall Street's top banks see the Federal Reserve as being on track to raise interest rates at its policy meeting later this month even after a government report showed a severe pullback in hiring in May, a Reuters poll showed on Friday.


Real crowned kings of Europe, book Club World Cup place

Real crowned kings of Europe, book Club World Cup place

The Portugal superstar's opener was cancelled out by an astonishing Mario Mandzukic strike, but goals from Casemiro , Ronaldo and Marco Asensio secured Madrid's third Champions League triumph in four years and 12th in total. "I told the players to keep what they were doing but to play wider and put more pressure on them, and I said that when we got the ball play as you know how", Zidane said.