Memoir Prince was writing before death to be released in October

LOS ANGELES (Reuters) – An unfinished memoir that Prince was writing before his 2016 death will be released in October, with previously unseen photos and other material rounding out the book, the publisher Penguin Random House said on Monday. FILE PHOTO: Singer Prince performs in a surprise appearance on the « American Idol » television show finale at the Kodak Theater in Hollywood, California in this May 24, 2006 file photo. REUTERS/Chris Pizzello/FilesThe Grammy Award-winning artist, known for his androgynous style and sexually-charged songs, announced in March 2016 at a…

Oil surges as US ends Iran sanction waivers—four experts forecast what’s next

Things are heating up in the energy market. div > div.group > p:first-child »> The Trump administration announced Monday that it would end exemptions to its sanctions on Iran, a move meant to significantly curb Iran’s oil output. Crude prices surged after the announcement, with the U.S. benchmark, West Texas Intermediate crude, gaining nearly 3 percent. Here’s what experts say higher oil prices could mean for the broader market: Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Merrill Lynch, said a significant uptick in the…

Leader of armed group at U.S. border boasted of assassination training: FBI

LAS CRUCES, N.M./TAOS, N.M. (Reuters) – The head of an armed group that stops migrants who cross the U.S.-Mexico border illegally allegedly boasted of training volunteers to kill former President Barack Obama and former Secretary of State Hillary Clinton, an FBI agent said in court papers. FILE PHOTO: U.S. soldiers walk next to the border fence between Mexico and the United States, as migrants are seen walking behind the fence, after crossing illegally into the U.S. to turn themselves in, in El Paso, Texas, U.S., in this picture taken from…

Cain withdraws from Fed consideration, citing lower pay, influence

(Reuters) – Herman Cain, facing resistance from his own political party as U.S. President Donald Trump’s pick to fill a seat on the Federal Reserve Board, withdrew Monday from consideration for the post, citing what he said would be a decrease in influence and pay. FILE PHOTO: Former Republican presidential hopeful Herman Cain gives the Tea Party Express response to U.S. President Barack Obama’s State of the Union Address, at the National Press Club in Washington January 24, 2012. REUTERS/Jonathan Ernst/File PhotoFour Republican U.S. senators have expressed reservations about seating…

Only Saudi Arabia could make up oil shortfall, says expert

2 Mins Ago The United States is expected to announce on Monday that all buyers of Iranian oil will have to end their imports shortly or face sanctions, triggering about a 3 percent rise in crude prices. Guest Host Savita Subramanian, head of U.S. equity and quantitative strategy with Bank of America Merrill Lynch, and John Kilduff, founding partner of Again Capital, joins « Squawk Box » to discuss. Source: CNBC

End of ‘Avengers’ movies cloaked in high-level Hollywood secrecy

LOS ANGELES (Reuters) – Walt Disney Co’s Marvel Studios went to great lengths to keep the plot of the movie “Avengers: Endgame” under wraps until its highly anticipated debut in theaters this week, the stars and directors said in interviews. FILE PHOTO: Directors Joe (L) and Anthony Russo pose for a portrait while promoting the film « Avengers: Endgame » in Los Angeles, California, U.S., April 6, 2019. REUTERS/Mario Anzuoni“Endgame” will offer the “grand conclusion” to a 22-movie story for six of Marvel’s Avengers — Iron Man, Thor, Black Widow,…

U.S. to end all waivers Iran oil imports, crude price jumps

WASHINGTON (Reuters) – The United States on Monday said it will eliminate in May all waivers granted to eight economies allowing them to buy Iranian oil without facing U.S. sanctions, as it ratcheted up pressure to choke off all oil revenues of the Islamic Republic. The decision, taken by President Donald Trump, has sent oil prices to their highest in 2019, even though the White House said the United States was working with top OPEC exporter Saudi Arabia and the United Arab Emirates to ensure the oil market is “adequately…

Iran says ready for U.S. waivers end, as Guards threaten to shut Hormuz

FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf July 25, 2005. REUTERS/Raheb Homavandi/File PhotoDUBAI (Reuters) – Tehran is prepared for a U.S. decision to end waivers granted to buyers of Iranian crude, an Iranian oil ministry source said on Monday, as the Revolutionary Guards repeated their threat to close the strategic Strait of Hormuz, Iranian media reported. The United States will fail to cut Iranian oil exports to zero, the semi-official Tasnim news agency…

Sri Lanka imposes emergency, says international network involved in attacks

COLOMBO (Reuters) – Sri Lanka said on Monday it was invoking emergency powers in the aftermath of devastating bomb attacks on hotels and churches, blamed on militants with foreign links, in which 290 people were killed and nearly 500 wounded. The emergency law, which gives police and the military extensive powers to detain and interrogate suspects without court orders, will go into effect at midnight on Monday, the president’s office said. Colombo, the seaside capital of the Indian Ocean island, was jittery on Monday. Police said 87 bomb detonators were…

U.S. will not reissue waivers for Iran oil imports: White House

WASHINGTON (Reuters) – U.S. President Donald Trump has decided to eliminate all waivers issued to eight economies allowing them to buy Iranian oil without facing U.S. sanctions, the White House said on Monday, while vowing to ensure global oil market was well supplied. Secretary of State Mike Pompeo is expected to make an announcement on Monday detailing the decision. “The United States, Saudi Arabia and the United Arab Emirates … along with our friends and allies, are committed to ensuring that global oil markets remain adequately supplied,” the White House…

Trump expected to end Iran sanctions waivers, seeking to drive oil exports to zero

The Trump administration is expected to announce on Monday that it will no longer grant sanctions waivers to a handful of Iran’s oil customers, accelerating its mission of driving the Islamic Republic’s exports to zero. div > div.group > p:first-child »> The move threatens to wipe roughly 1 million barrels per day off the market at a time when analyst say oil supply is already tightening. Crude futures spiked to nearly six month highs on the surprise news, which was first reported Sunday by the Washington Post. President Donald Trump…

Sri Lanka says attacks carried out by suicide bombers, international network involved

COLOMBO (Reuters) – Seven suicide bombers took part in the attacks on churches and luxury hotels in Sri Lanka that killed 290 people and wounded more than 500, an investigator said on Monday, while a government spokesman said an international network was involved. Two of the suicide bombers blew themselves up at the luxury Shangri-La Hotel on Colombo’s seafront, said Ariyananda Welianga, a senior official at the government’s forensic division. The others targeted three churches and two other hotels. A fourth hotel and a house in a suburb of the…

U.S. prepares to end Iran oil waivers; Asian buyers to be hardest hit

WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 percent jump in crude prices to their highest for 2019 so far. Officials in Asia opposed the expected move, pointing to tight market conditions and high fuel prices that were harming industry. The source confirmed a report by the Washington Post that the administration will terminate the sanctions waivers it granted to some importers…

Asos billionaire loses three children in Sri Lanka attacks

Three of the four children of Danish billionaire Anders Holch Povlsen died in the Sri Lanka bombing attacks, a spokesman has confirmed to the BBC. The family were visiting the country over the Easter holiday. The names of the children have not been made public. Mr Holch Povlsen owns the international clothing chain Bestseller. He is also the biggest single shareholder in clothing giant Asos and is the UK’s largest private landowner, according to the Times newspaper. « Unfortunately, we can confirm the reports, » a Bestseller spokesman said in…

Ex-Nissan Chairman Ghosn indicted on aggravated breach of trust charge

TOKYO (Reuters) – Japanese prosecutors indicted former Nissan Motor Co Chairman Carlos Ghosn on Monday on a charge of aggravated breach of trust, a Tokyo court said, bringing a fourth charge against him on the day his detention period was set to expire. FILE PHOTO : Former Nissan Motor Chairman Carlos Ghosn sits inside a car as he leaves his lawyer’s office after being released on bail from Tokyo Detention House, in Tokyo, Japan, March 6, 2019. REUTERS/Issei KatoGhosn’s lawyers filed a request for bail shortly after the latest indictment,…

Ex-Nissan chairman Ghosn applies for bail over latest indictment

FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn accompanied by his wife Carole Ghosn, arrives at his place of residence in Tokyo, Japan, March 8, 2019. REUTERS/Issei KatoTOKYO (Reuters) – Carlos Ghosn on Monday applied for bail following his latest indictment over aggravated breach of trust, as the former Nissan Motor Co chairman fights his fourth indictment over financial misconduct. Ghosn’s defense team filed the bail request shortly after the indictment was announced, a Tokyo court said in a statement. The former executive faces three other charges including understating his…

Oil prices spike more than 3% on reports that US will end waivers for Iran sanctions

Oil prices spiked by more than 3 percent on Monday — past highs not seen since November 2018 — after reports that Washington is set to announce that all buyers of Iranian oil will have to end imports, or be subject to U.S. sanctions. div > div.group > p:first-child »> Brent crude futures surged more than 3 percent to over $74 per barrel on Monday morning during Asia hours, while U.S. crude futures rose around 2.67 percent to $65.71 per barrel. That price spike followed a report by the Washington…

Sri Lanka lifts curfew after bomb attacks kill 290, wound 500

COLOMBO (Reuters) – Authorities lifted a curfew in Sri Lanka on Monday, a day after 290 people were killed and about 500 wounded by a string of bombings that tore through churches and luxury hotels on Easter Sunday. There was still no claim of responsibility for the attacks on two churches and four hotels in and around Colombo, the capital of predominantly Buddhist Sri Lanka, and a third church on the country’s northeast coast. A government source said President Maithripala Sirisena, who was abroad when the attacks happened, had called…

Factbox: Reaction to Sri Lanka attacks

(Reuters) – Easter Sunday bomb blasts at three churches and four hotels in Sri Lanka killed more than 200 people and wounded at least 450, police officials said, the first major attack on the Indian Ocean island since the end of a civil war 10 years ago. Crime scene officials inspect the explosion area at Shangri-La hotel in Colombo, Sri Lanka April 21, 2019. REUTERS/Dinuka LiyanawattePoliticians and religious leaders were united in their shock and condemnation. Here are some of their reactions. POPE FRANCIS “I learned with sadness and pain…

Oil prices rise on decline in US drilling activity, OPEC supply cuts

Oil prices rose early on Monday, with Brent hitting its highest level since November, driven up by a decline in U.S. drilling activity and ongoing supply cuts led by producer club OPEC. Brent crude futures were at a November 2018 high of $72.58 per barrel at 0028 GMT, up 0.8 percent from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $64.55 per barrel, up 0.9 percent from their previous settlement. « The path of least resistance remains higher (for oil prices), » said Stephen Innes, head…

Asia stocks firm, crude hits 5-month high on Iran sanctions report

TOKYO (Reuters) – Asian stocks were steady on Monday as investors awaited the return of major financial markets from the Good Friday holiday, while oil prices spiked on a report the U.S. is likely to ask all importers of Iranian oil to end their purchases or face sanctions. FILE PHOTO – Pedestrians are reflected on an electronic board showing stock prices outside a brokerage in Tokyo, Japan December 27, 2018. REUTERS/Kim Kyung-HoonBrent futures rallied to a five-month high, after the Washington Post said U.S. Secretary of State Mike Pompeo will…

U.S. to announce end to sanctions waivers for Iran oil imports: Washington Post

WASHINGTON (Reuters) – The United States is preparing to announce on Monday that all importers of Iranian oil will have to end their imports shortly or be subject to U.S. sanctions, a Washington Post columnist reported on Sunday. FILE PHOTO: Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005. REUTERS/Raheb Homavandi/File PhotoThe U.S. reimposed sanctions in November on exports of Iranian oil after President Donald Trump unilaterally pulled out of a 2015 nuclear accord between…

Comedian Zelenskiy wins Ukrainian presidential race by landslide: exit polls

KIEV (Reuters) – Ukraine entered uncharted political waters on Sunday after exit polls showed a comedian with no political experience and few detailed policies had easily won enough votes to become the next president of a country at war. The apparent landslide victory of Volodymyr Zelenskiy, 41, is a bitter blow for incumbent Petro Poroshenko who tried to rally Ukrainians around the flag by casting himself as a bulwark against Russian aggression and a champion of Ukrainian identity. Two national exit polls showed Zelenskiy had won 73 percent of the…

Landslide election victory thrusts Ukrainian comedian into limelight

KIEV (Reuters) – In a popular Ukrainian TV series, comedian Volodymyr Zelenskiy played a president who is scrupulously honest and outwits crooked lawmakers and shadowy businessmen who try to stand in his way. Ukrainian presidential candidate Volodymyr Zelenskiy reacts during a news conference at his campaign headquarters following a presidential election in Kiev, Ukraine April 21, 2019. REUTERS/Valentyn OgirenkoZelenskiy’s character in the show “Servant of the People” was loved by Ukrainians fed up with how their country had been governed since independence in 1991. On Sunday, they turned fantasy into…

Exclusive: U.S. carves out exceptions for foreigners dealing with IRGC

WASHINGTON (Reuters) – The United States has largely carved out exceptions so that foreign governments, firms and NGOs do not automatically face U.S. sanctions for dealing with Iran’s Revolutionary Guards after the group’s designation by Washington as a foreign terrorist group, according to three current and three former U.S. officials. FILE PHOTO – Members of Iran’s Revolutionary Guards march during a military parade to commemorate the 1980-88 Iran-Iraq war in Tehran September 22, 2007. REUTERS/Morteza Nikoubazl/File PhotoThe exemptions, granted by Secretary of State Mike Pompeo and described by a State…

Comedian Zelenskiy wins Ukrainian presidential race by landslide: exit poll

KIEV (Reuters) – Ukraine entered uncharted political waters on Sunday after an exit poll showed a comedian with no political experience and few detailed policies had easily won enough votes to become the next president of a country at war. The apparent landslide victory of Volodymyr Zelenskiy, 41, is a bitter blow for incumbent Petro Poroshenko who tried to rally Ukrainians around the flag by casting himself as a bulwark against Russian aggression and a champion of Ukrainian identity. The national exit poll showed Zelenskiy had won 73 percent of…

Comedian ‘wins Ukrainian presidency’

Ukrainian comedian Volodymyr Zelensky elected president with more than 70% support, exit polls suggest This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on Twitter to get the latest alerts. Source: BBC

Turkish opposition leader attacked at soldier’s funeral

The leader of Turkey’s main opposition party has been attacked by protesters at a military funeral in Ankara. Republican People’s Party (CHP) chief Kemal Kilicdaroglu was set upon by an angry crowd while attending a memorial on Sunday. Footage shows him being pushed and shoved in the melee, with some in the crowd attempting to land blows. Escorted by security forces, he took shelter in a nearby house until the crowd dispersed. Mr Kilicdaroglu had attended the funeral to pay respects to a Turkish solider who was killed in clashes…

Box Office: ‘Curse of La Llorona’ Wins Worst Easter Weekend in Over a Decade

LOS ANGELES (Variety.com) – Warner Bros. and New Line’s “The Curse of La Llorona” ascended to the top of domestic box office charts, conjuring $26.5 million when it opened in 3,372 North American theaters. “La Llorona” is the latest horror movie to outperform expectations, further cementing the genre as a reliable box office draw. Even so, “La Llorona” and other new releases “Breakthrough” and “Penguins” couldn’t salvage movie theaters from suffering the worst Easter weekend showing in almost 15 years. This weekend’s offerings amassed $112 million in ticket sales, the…