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USA: Oil extends losses with 4% slump on renewed lockdowns

NEW YORK (Reuters) - Oil prices tumbled by more than 4% on Thursday, dropping to a five-month low and extending the previous day’s sharp decline on the impact renewed coronavirus lockdowns could have on oil demand.

December Brent crude futures were down $1.66, or 4.2%, at $37.45 by 12:34 EST (1634 GMT), after earlier dropping as far as $36.64, the lowest in five months. The more active January contract lost 4% to $38.02 a barrel.

U.S. West Texas Intermediate (WTI) crude futures were $1.50, or 4%, lower at $35.89, having touched their lowest since mid-June at $34.92.

USA: Apollo CEO Black calls giving Epstein a second chance 'a terrible mistake'

NEW YORK (Reuters) - Apollo Global Management Inc CEO Leon Black said on Thursday that giving Jeffrey Epstein a second chance following the late financier’s imprisonment in 2008 for soliciting an underage prostitute in Florida was a “terrible mistake.”

Black gave his most comprehensive account to date of his ties with Epstein on Apollo’s third-quarter earnings call, as he acknowledged that what he has called a personal matter was now affecting the private equity firm he co-founded in 1990 and still controls.

At UN, Pakistan calls India’s claim to Kashmir as India’s part ‘self-delusional’

UNITED NATIONS, Oct 27 (APP): Pakistan on Monday dismissed as “self-delusional” India’s claim to Jammu and Kashmir as its integral part, saying New Delhi’s shenanigans cannot deprive the Kashmiri people of their UN-pledged right to self-determination as set out in Security Council resolutions.

Pundit warns of lengthy delays in determining results of upcoming US presidential election

NEW YORK, October 27. /TASS/: The results of the forthcoming US presidential election may be validated only after prolonged scrutiny, and it should not be ruled out that the case will be taken to the Supreme Court, Professor Andrei Korobkov (Political Science and International Relations) at Middle Tennessee State University, told TASS.

USA: Shopify to partner with TikTok in bid to woo more merchants to site

NEW YORK (Reuters) - Canadian e-commerce company Shopify said on Tuesday it will partner with TikTok to help its one million-plus merchants more easily advertise their products on the video-sharing app, as it looks to grow its customer base.

The link-up with Shopify, which provides an e-commerce platform and distribution services to mostly small and medium-sized businesses, comes as a proposal for Walmart Inc to buy a stake in the Chinese-owned firm is stuck in limbo.

USA: Fai urges UN to boost efforts to settle Kashmir dispute amid escalating tensions

NEW YORK, Oct 26 (APP): A prominent Kashmiri leader Monday appealed to the United Nations to take urgent steps for resolving the decades-old Kashmir dispute between India and Pakistan in a bid to promote peace and stability in South Asia, where ” not two, but three, nuclear powers have been eyeball-to-eyeball for the last one-year.”

UN chief shocked at attack on school in Cameroon

UNITED NATIONS, Oct. 25 (Xinhua) -- UN Secretary-General Antonio Guterres on Sunday expressed shock at Saturday's horrific attack on a school in Kumba in Cameroon's Southwest region, in which several children were reportedly killed and several others wounded, said his spokesman.

The attack is another disturbing reminder of the exacting heavy toll on civilians, including children, many of whom have been deprived of their right to education. Attacks on education facilities are a grave violation of children's rights, said Stephane Dujarric, the spokesman, in a statement.

UN: Nuclear weapons ban treaty to enter into force

United Nations, Oct 25 (AP/PTI) The United Nations announced Saturday that 50 countries have ratified a UN treaty to ban nuclear weapons triggering its entry into force in 90 days, a move hailed by anti-nuclear activists but strongly opposed by the United States and the other major nuclear powers.

As of Friday, the treaty had 49 signatories, and UN officials said the 50th ratification from Honduras had been received.

UN chief says G20 leaders must coordinate to fight COVID-19

UNITED NATIONS (AP) — The U.N. chief finds it “very frustrating” that leaders of the 20 major industrialized nations didn’t come together in March and establish a coordinated response to suppress the coronavirus in all countries as he proposed.

Instead, they went their own ways as infections moved “every way, everywhere,” Secretary-General Antonio Guterres said. The result is that every country is taking its own sometimes “contradictory” actions, and the virus is moving “from east to west, north to south,” with second waves of COVID-19 now affecting many nations.

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