China State Council issues guidelines in bid to increase foreign investment

By Andrew Hayley and Ethan Wang BEIJING (Reuters) -China’s State Council issued guidelines on Sunday that it said would further optimize the country’s foreign investment environment and attract more foreign investment. The State Council said in a document containing 24 guidelines that authorities should increase protection of the rights and interests of foreign investors, including…

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In Ecuador, party of slain presidential candidate picks replacement

By Alexandra Valencia QUITO (Reuters) -The political party of Ecuador’s assassinated presidential hopeful, Fernando Villavicencio, picked his would-be vice presidential candidate to replace him as the party standard-bearer on Saturday, just a week before the election. Villavicencio’s Build party, or Construye in Spanish, announced on social media it had tapped Andrea Gonzalez to replace the…

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Miss Universe cuts ties with Indonesia organiser accused of sexual harassment

JAKARTA (Reuters) – The Miss Universe Organization said it was cutting ties with its Indonesian franchisee and cancelling this year’s Malaysia pageant after contestants accused local organisers of sexual harassment. The U.S.-based organisation said in an emailed statement late on Saturday it had decided to sever its contract with PT Capella Swastika Karya and its…

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US agencies investigate close call between Southwest plane, Cessna

By David Shepardson (Reuters) -The U.S. Federal Aviation Administration (FAA) and National Transportation Safety Board said on Saturday they were investigating a near collision between a Southwest Airlines Boeing 737 and a Cessna Citation 560X business jet in San Diego, the latest in a series of troubling U.S. aviation incidents. The FAA said its preliminary…

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One eve of vote, Argentina’s Massa announces $500 million in new loans

BUENOS AIRES (Reuters) – Argentina will sign loans worth $500 million with international lenders next week, Economy Minister Sergio Massa announced on Saturday, the day before a primary election in which he is running for president to lead the embattled ruling coalition. In a ministry statement laying out economic policies to be formally rolled out…

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