MUMBAI / Reuters Reliance Industries Ltd , India’s biggest oil refiner, said it is looking to buy more crude from Iran as the company seeks to rebuild ties to benefit from shorter shipping distances. The company had made small purchases from Iran in the current quarter and was currently engaged in talks for bigger supplies, indicating that it could ...

  London / AFP Barack Obama warned Britain against leaving the European Union, undercutting a key argument of eurosceptics by saying London would be “at the back of the queue” for a post-Brexit trade deal. The US president’s comments on Britain’s June 23 EU membership referendum at a press conference with UK Prime Minister David Cameron drew a furious reaction ...

  Moscow / AFP Russia said it had temporarily suspended its demand for full repayment of a disputed $3-billion loan to Ukraine, saying it wanted to give the new government in Kiev time to “assess the situation”. “We have given the new Ukrainian government an extension to assess the situation with a clear head, to reevaluate its position and open ...

  Bloomberg Rosneft OJSC, Russia’s largest oil producer, plans to increase its dividend as the government seeks more funds from state corporations to bolster public finances. The company board has recommended increasing the payout to shareholders to 35 percent of its 2015 profit, or 11.75 rubles a share. The dividend would amount to 124.5 billion rubles ($1.87 billion) and represents ...

  Margate / AFP The artist J M W Turner will appear on the new £20 note, Bank of England governor Mark Carney announced. The new design will include Joseph Mallord William Turner’s self-portrait and his 1838 oil painting “The Fighting Temeraire”. “Turner is perhaps the single most influential British artist of all time,” Carney said. “His work was transformative, ...

  Bloomberg Electricite de France SA plans to sell about €4 billion of new shares and deepen cost cuts to bolster its finances as the company works to decide whether to move forward with a controversial nuclear power plant project in the U.K. EDF will submit a plan for the capital increase by the closing date of its 2016 accounts, ...

  Hanover / AFP Opponents of a proposed transatlantic trade deal hope to draw tens of thousands onto German streets Saturday, on the eve of a visit by US President Barack Obama. Obama’s trip — to open an industrial technology fair in the northern city of Hanover and hold talks with Chancellor Angela Merkel and other European leaders — was intended ...

  HARRINGTON / AP Top aides spent the week gingerly courting Republican insiders at a seaside resort in Florida, but front-runner Donald Trump was busy railing against them. While it may seem counterproductive, Trump’s foot-stomping has served as a rallying cry to boost voter turnout and allowed him to continue to appeal to voters who feel disenfranchised. The “rigged” system ...

  PARIS / AP Overnight clashes between French police and about 100 people have led to 12 arrests in eastern Paris. The Paris police said the clashes took place from Friday night to early Saturday around the Place de la Republique on the sidelines of the “Night Rising” protest movement. A police car was set on fire and projectiles were ...

  SEOUL / AP South Korea says North Korea has fired what appeared to be a ballistic missile from a submarine off its northeast coast. Seoul’s Defense Ministry couldn’t immediately confirm where the projectile landed after Saturday’s launch. North Korea has fired a slew of missiles and artillery shells into the sea in an apparent protest against ongoing annual military ...