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Mexican president moots $1.5bn rescue plan for Pemex

Mexican President Andres Manuel Lopez Obrador said Friday he would soon announce a rescue plan for troubled state oil company Pemex, suggesting it would be worth around $1.5 billion. Pemex is struggling under the weight of more than $100 billion in debt and years of declining production,...

China denies 'ridiculous' spying allegations by Lithuania

China on Friday denied what it termed "ridiculous" allegations of spying levelled by Lithuania as the Baltic eurozone state joined other western nations in expressing concerns about Chinese telecoms giant Huawei. The company has raised suspicions in the west for its close ties to the...

Libya arrests suspected al Qaeda leader, source says

Libyan authorities have arrested a suspected al Qaeda leader who fled from the eastern city of Derna, once a jihadist bastion, a source in the attorney general’s office said on Friday. Abdel Qader Azuz was arrested in the western city of Misrata and then brought to the capital Tripoli the...

Israeli gunfire kills Gaza teens during border protests

 Israeli troops shot dead two Palestinian teenagers including a 14-year-old boy during Gaza border protests on Friday, Palestinian health officials said. Israel’s military said it had opened fire in response to explosives and rocks hurled at the border fence. Palestinians have been...

French minister in Iraq warns 'work not over' in IS fight

France's defence minister warned Friday in Baghdad that "the work is not over" in the fight against the Islamic State group, despite the jihadists facing the loss of their last scrap of territory. "The territorial caliphate, which has not yet been wiped out, is being defeated," minister...

Singapore raid is latest blow to storm-tossed Wirecard

Shares in German payments processing firm Wirecard were headed for a stormy finish to a turbulent week Friday, as fraud allegations piled on top of investors' concerns about lack of transparency. Singapore police confirmed to AFP they had searched premises belonging to the Munich-based...

US eyeing Guantanamo for Daesh detainees: report

U.S. officials are considering the controversial military prison at Guantanamo Bay, Cuba to house captured suspected Daesh fighters as Washington prepares to withdraw from Syria, according to a report. U.S. partners who have roughly 1,000 Daesh suspects in custody have warned they may not...

Morocco recalls ambassador from Saudi Arabia

Morocco has recalled its ambassador to Saudi Arabia after a Saudi television channel reportedly broadcast a report “challenging Morocco’s territorial integrity”. Ambassador Mustafa al-Mansouri told Morocco’s pro-government 360 website on Friday: “I was recalled from Riyadh to take part in...

Brexit will be 'never-ending nightmare' for citizens

Former senior bureaucrats and diplomats have warned that Prime Minister Theresa May’s Brexit deal provides no clarity on the U.K.’s future relationship with the EU and will only ensure a "never-ending nightmare” for the country. Speaking at a People’s Vote news conference on Friday, Lord...

Merkel: Syria top priority for German intelligence

Syria will continue to be one of the key issues for Germany’s intelligence service BND, Chancellor Angela Merkel said Friday. Merkel said the Daesh terror group was diminished but not yet defeated at the opening ceremonies of BND headquarters in Berlin “It is rather conducting an...

Sprint sues AT&T over 5G branding

AT&T customers were seeing “5G E” logo on their mobile devices in over 400 markets. Even though users are still on 4G network, AT&T is calling it 5G Evolution, Sprint said in the lawsuit. 5G can offer data speeds up to 50 or 100 times faster than 4G networks. Smartphones running...

Neuer set to remain sidelined for Bayern as Liverpool looms

A thumb injury is threatening to keep Bayern Munich captain Manuel Neuer sidelined with the Germany goalkeeper facing a race against time for their Champions League last-16 clash at Liverpool, the Bavarians' coach Nico Kovac said on Friday. Neuer is doubtful for Saturday's home match against...

Liverpool post £106 million world record net profit

Liverpool posted a world record-breaking £106 million ($137 million) net profit last year even after spending £190 million on new players, according to financial results announced on Friday. The club's profit before tax was £125 million -- up from £40 million -- with the club benefiting from...

Syria Kurds say no progress on repatriating French

Kurdish officials told AFP on Friday there was no progress on repatriating dozens of French nationals, including accused Islamic State fighters, women, and children, from prison camps in northern Syria. France announced last month it may bring back some 130 nationals held by the autonomous...

Americans support gun control but doubt lawmakers will act

Most Americans want tougher gun laws but have little confidence their lawmakers will take action, according to a Reuters/Ipsos poll released on Friday ahead of the one-year anniversary of the country’s deadliest high school shooting. The poll of more than 6,800 adults reflects widespread...