Asia News Headlines
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UPDATE 2-FTC officials say 7-Eleven purchase of Speedway chain likely illegal despite closing
WASHINGTON, May 14 (Reuters) - The completion of 7-Eleven's purchase of thousands of Speedway gas and convenience stores is potentially illegal and may raise competitive concerns in hundreds of local U.S. markets, two top U.S. Federal Trade Commission officials said as a dispute between the agency and companies broke into the open on Friday.
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New Zealand PM says to fight hate, study social media algorithms
WELLINGTON (Reuters) - New Zealand Prime Minister Jacinda Ardern said on Saturday that world leaders and tech firms looking to stamp out violent extremism online would need to focus efforts on understanding social media algorithms that drive content.
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Death toll rises as violence rocks Gaza, Israel and West Bank
GAZA/JERUSALEM, May 15 (Reuters) - Israeli planes renewed air strikes in Gaza early on Saturday and Hamas militants responded by firing rockets into Israel as their battle entered a fifth night and U.S. and Arab diplomats sought an end to the violence.
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UPDATE 6-U.S. capital running out of gas, even as Colonial Pipeline recovers
WASHINGTON, May 14 (Reuters) - Washington was running out of gasoline on Friday, even as the country's largest fuel pipeline network ramped up deliveries following a cyberattack and U.S. officials assured motorists that supplies would return to normal soon.
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U.S. tariff review considers commodity shortages, inflation -official
WASHINGTON (Reuters) - The Biden administration is weighing concerns about commodity shortages and inflation as it reviews trade tariff policy, the top White House economist said on Friday.
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BRIEF-S&P Says Israel Ratings Affirmed At 'Aa-/A-1+'; Outlook Stable
May 14 (Reuters) - S&P:
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GLOBAL MARKETS-U.S. stocks surge in recovery; dollar, bond yields dip
NEW YORK, May 14 (Reuters) - U.S. stocks rallied in a sharp rebound on Friday as investors set aside inflation worries and bought shares hammered by the week's volatility, with the shift back into riskier assets dragging on the dollar.
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UPDATE 1-UAE urges Mideast ceasefire, offers condolences to all victims -WAM
CAIRO, May 14 (Reuters) - The United Arab Emirates foreign minister on Friday voiced his country's concern over the escalation of Israeli-Palestinian violence and called for a ceasefire and the start of a diplomatic dialog, state news agency WAM reported.
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UPDATE 1-U.S. requiring inspections for wire failure on Boeing 737 Classic planes
WASHINGTON, May 14 (Reuters) - The Federal Aviation Administration (FAA) said on Friday it was requiring U.S. operators of 143 Boeing Co 737 Classic series airplanes to check for possible wire failures stemming from an investigation into an Indonesia crash in January.
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UPDATE 1-S&P affirms Israel's credit rating and outlook
May 14 (Reuters) - Global ratings agency S&P on Friday affirmed its long-term sovereign credit rating on Israel at "AA-/A-1+" and maintained its outlook at "stable."
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