Brent crude firms on drop in U.S. oil inventories, Iran threat

CALGARY/LONDON (Reuters) - Brent oil rose on Wednesday, driven higher by a threat from an Iranian commander and a drop in U.S. crude inventories for the second week in a row.

China's HNA Chairman Wang dies in France after falling from a wall

BEIJING/MARSEILLE, France (Reuters) - Chinese conglomerate HNA Group [HNAIRC.UL] Co-Chairman Wang Jian died during a business trip in France on July 3 in what local police said appeared to be an accidental fall from a wall while posing for a photograph.

Content-hungry bidders circle 'Big Brother' maker Endemol

FRANKFURT/LONDON (Reuters) - Several bidders, including Liberty Global, are preparing offers for TV production company Endemol Shine, maker of classic reality show 'Big Brother' and the dystopian 'Black Mirror' dramas, before an initial deadline next week.

British Supreme Court rejects Goldman Sachs appeal vs Novo Banco

LISBON (Reuters) - Britain's Supreme Court dismissed on Wednesday an appeal by Goldman Sachs for compensation from Portugal's Novo Banco over a $835 million loan to Novo Banco's bankrupt predecessor, Banco Espirito Santo (BES), which was carved up by the state in 2014.

ZTE given temporary reprieve from U.S.; removes more executives

NEW YORK/HONG KONG (Reuters) - China's embattled ZTE Corp has received a temporary reprieve from the U.S. government to conduct business needed to maintain existing networks and equipment as it works toward the lifting of a U.S. supplier ban.

As Zozotown suits up, Japan's online fashion revolution gathers speed

TOKYO (Reuters) - Zozotown, which swooped in as a little-known retail website and prodded once-reluctant Japanese consumers to shop online for clothes, is now facing stiff competition in the industry whose image it remade.

China says will not fire first shot in trade war with U.S.

BEIJING (Reuters) - China will "absolutely not" fire the first shot in a trade war with the United States and will not be the first to levy tariffs, its finance ministry said on Wednesday.

Nike favored to beat soccer juggernaut Adidas at World Cup

(Reuters) - In a World Cup brimming with upsets, Nike Inc looks on track to defeat soccer juggernaut and archrival Adidas AG in the closely watched jersey sponsorship battle.

China says no tariffs on U.S. goods before U.S. tariffs on China goods

BEIJING (Reuters) - China's finance ministry said on Wednesday it will not fire the first shot on implementation of tariffs in a trade dispute with the United States.

Trade worries dent stocks, yuan steadies

LONDON (Reuters) - World stocks were flat on Wednesday amid growing anxiety ahead of Washington's end of week deadline to impose tariffs on Chinese imports, while the yuan steadied after China's central bank acted to calm investors.

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