Business


US consumer prices dip 0.1 percent in May

It reached 2.6 percent, the highest since November 2012. The Federal Reserve seeks to manage interest rates to promote moderate annual gains in inflation of 2 percent. The May rate is 0.3 of a percentage point above the rate estimated by the European Union statistical office, Eurostat, for the euro area, while in April the difference was 0.5.



Police consider extremist link in fatal Australian siege

Khayre had previously been charged and acquitted in a suicide bombing terror plot, and later arrested for a home invasion. Australian investigators immediately raised concerns about the possibility that the violence had been inspired by recent acts of terrorism committed in the United Kingdom, including, most recently, a deadly attack on London Bridge.


24-story tower engulfed in London; officials fear collapse

24-story tower engulfed in London; officials fear collapse

Prime Minister Theresa May was said to be "deeply saddened by the tragic loss of life" and newly appointed police and fire minister Nick Hurd will chair a meeting of the Civil Contingencies Secretariat to co-ordinate the response. The web page relating to the refurbishment works later appeared to have been wiped. Local councilor Robert Atkinson told CNN that the renovation works had modernized the building.



China's service sector continues rapid expansion in May

But some analysts expect increasingly stringent cooling measures will eventually drag on investment and dampen construction activity. The Index of Services Production increased by 8.1 per cent year-on-year in May, growing at the same speed as last month, according to the National Bureau of Statistics (NBS).



UK's May faces calls to soften Brexit as political limbo drags on

Last night Mr Corbyn faced the first post-election meeting of Labour MPs in a Parliament committee room. Her new chief of staff Gavin Barwell has suggested she should take a different approach towards public spending after Labour unexpectedly denied the Tories a majority after running an anti-austerity election campaign.



'100 percent' willing to go under oath to refute Comey

Asked if he would testify under oath to Mueller, Trump said he'd be "glad" to tell him what he just told the press about Comey. A reporter directly asked Trump if he was saying Comey lied. " Lordy, I hope there are tapes ", Comey said, suggesting such evidence would back up his account over the president's. He further denied ever asking Comey for his "loyalty", contradicting Comey's detailed allegations in his sworn testimony.