Thyssenkrupp drops on negative free cash flow

  Bloomberg Thyssenkrupp AG, the German steelmaker in the midst of a corporate transformation, dropped the most in three months after reporting negative free cash flow widened in the first quarter. While the company posted better-than-expected fiscal first-quarter profit as steel prices recovered, negative free cash flow before mergers and acquisitions doubled to 1.74 billion euros ($1.86 billion) due to ...

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Trump slams judiciary, his court nominee Gorsuch hits back

  WASHINGTON / AP President Donald Trump’s extended criticism of the judiciary prompted a rebuke from his nominee for the Supreme Court, who told a senator the president’s comments were “demoralizing and disheartening.” Judge Neil Gorsuch, who was nominated by Trump to the nation’s high court last week, made the comments Wednesday after Trump accused an appellate court considering his ...

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Hacker talks about links with Russian spy agency

  MOSCOW / AP A member of a Russian hacking group involved in blackmailing top officials says that it had contacts with Russia’s top domestic security agency. Alexander Glazastikov said in an interview with independent Dozhd television aired on Thursday that the Federal Security Service, or FSB, had offered the Shaltai Boltai (Humpty Dumpty) group to work under its control. ...

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Danes see Russia as a ‘leader’ with ‘advanced capabilities’

  COPENHAGEN / AP Denmark’s cybersecurity agency sees Russia as “a leader” when it comes to hacking, saying that the country has for “a long time invested intensively in its cyber capabilities.” The Danish position is similar to that reached by others in the Nordic region where national security agencies recently have pointed fingers at Russia for illicit online activities. ...

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NATO drones kill 11 IS fighters

  KABUL / AP An Afghan official says NATO drone strikes killed 11 IS militants, including two senior commanders, in the eastern Nangarhar province. Mohammad Hussain Mashraqiwal, a spokesman for the provincial police chief, identified the two commanders killed in Wednesday’s strikes as Mohammed Omar Sadiq and Omar Farooq, adding that another six people were wounded. US Navy Cpt. Bill ...

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Malaysia’s ‘Rohingya aid ship’ arrives in Yangon

  YANGON / AP A Malaysian ship carrying 2,300 tons of food and medicine to help members of Myanmar’s persecuted Muslim Rohingya minority arrived in Yangon on Thursday as rights groups accuse the army of mass killings, rapes and other crimes targeting the ethnic group. The “Food Flotilla for Myanmar” arrived following a sweeping counterinsurgency campaign in Rakhine state, where ...

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China praises Trump’s letter to Xi, belated well-wishes

  BEIJING / AP China praised US President Donald Trump on Thursday for expressing a desire for a “constructive relationship” in a letter to Chinese President Xi Jinping, even though the leaders have not spoken directly since Trump’s inauguration. Trump sent belated well-wishes for the Lunar New Year in a letter from the White House on Wednesday. He had been ...

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US-funded news channel in Russian offers Kremlin alternative

  WASHINGTON / AP Two US government-funded news outlets are launching a global Russian-language TV network aimed at providing an alternative to slick, Kremlin-controlled media that critics say spread propaganda and misinformation. Current Time, run by Prague-based Radio Free Europe/Radio Liberty with help from Washington-based Voice of America, is targeting Russian speakers across the globe with round-the-clock programming intended to ...

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Winter cold exposes flaws of Europe energy market

  Bloomberg As freezing weather triggered energy shortages across southeast Europe at the start of the year, Bulgaria’s refusal to export power was typical in a region where everyone had to fend for themselves. Nations from Greece to Hungary hoarded power last month in response to the coldest winter in a decade, exposing the weakness of the region’s power markets, ...

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Total lifts dividend, plans growth as profits beat estimates

  Bloomberg Total SA raised its dividend by 1.6 percent and said it may give the go-ahead for almost a dozen new projects in the next 18 months after fourth-quarter profit beat analysts’ estimates. “We’re going to propose to increase the dividend as we have confidence in the future,” Chief Executive Officer Patrick Pouyanne told reporters in Paris. “My goal ...

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