Asia stocks prove resilient to US riots as S&P futures bounce

Asian shares pushed to three-month highs on Monday as progress on opening up economies helped offset jitters over riots in U.S. cities and unease over Washington's power struggle with Beijing.

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Oil prices slip as wary traders eye upcoming OPEC+ meeting

Oil prices fell nearly 1% on Monday as traders hedged bets with the Organization of the Petroleum Exporting Countries (OPEC) considering meeting as soon as this week to discuss whether to extend record production cuts beyond end-June.

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George Floyd Reverberates Globally: Thousands Protest In Germany, U.K., Canada

George Floyd Reverberates Globally: Thousands Protest In Germany, U.K., Canada
The killing of George Floyd has sprung a global movement against inequality and racism; protests were seen over the weekend in the U.K., Germany and Canada.

Christo, Famous For His Monumental Works Of Art, Dies At 84

Christo, Famous For His Monumental Works Of Art, Dies At 84
The artist Christo died at his home in New York City on Sunday. He's known for major outdoor art installations that often involved wrapping buildings and elements of nature in fabric.

Biden Leaves Home To Visit Delaware Protest Site

Biden Leaves Home To Visit Delaware Protest Site
Former Vice President Joe Biden left his house for the second time in a week to visit the location of protests last night. Posting about the unannounced trip, Biden wrote "We are a nation in pain."

South Korea's Celltrion says COVID-19 drug shows drop in viral load in animal testing

South Korea's Celltrion Inc said on Monday its experimental treatment of COVID-19 demonstrated a 100-fold reduction in viral load of the disease in animal testing.

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UPDATE 6-Tanker truck drives into protesters as U.S. cities fear another night of violent protests

A tanker truck drove into a throng of protesters on a closed interstate near Minneapolis on Sunday, with the driver pulled from his rig and beaten, as major U.S. cities imposed curfews in fear of another night of demonstrations against police brutality descending into violence.

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UPDATE 3-Retailers already hit by coronavirus board up as U.S. protests rage

Target Corp and Walmart said on Sunday they shuttered stores across the United States as retailers already reeling from closures because of the coronavirus pandemic shut outlets amid protests that included looting in many U.S. cities.

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PRESS DIGEST- British Business - June 1

The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

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Delta, union working to avoid furloughs of 2,300 pilots

Delta Air Lines Inc and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.

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Delta, union working to avoid furloughs of 2,300 pilots

Delta Air Lines Inc and its pilots union said on Sunday they are working to avoid furloughs of roughly 2,300 pilots following a reshuffling process meant to match staffing to summer 2021 flying.

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China reports 16 new COVID-19 cases, highest in nearly three weeks

China reported the highest daily increase in coronavirus cases in nearly three weeks with 16 new infections discovered on May 31, as the number of so-called imported cases jumped in southwestern Sichuan province.

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Australia eases social distancing restrictions as economic recovery efforts intensify

Several Australian states eased social distancing restrictions further on Monday, allowing restaurants to host more people and public attractions to reopen, as Canberra moves to revive the country's ailing economy.

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PRESS DIGEST-Financial Times - June 1

The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.

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S.Korea's May factory activity contracts at fastest rate since 2009 - PMI

South Korea's manufacturing activity shrank at the sharpest pace in more than a decade in May, as worldwide lockdowns continued to weigh on demand and production, dashing hopes of a near-term recovery from the coronavirus crisis.

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GLOBAL MARKETS-Asia cautious as U.S. riots weigh on S&P futures

Asian share markets started on a cautious note and gold gained on Monday as images of riots in burning U.S. cities unnerved investors already tense over Washington's power struggle with Beijing.

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