2018.06.20

News Headlines - 20 June 2018

North Korea's Kim hails 'unity' with China in new visit - Channel NewsAsia

Kim Jong Un wrapped up on Wednesday (Jun 20) his third visit to China this year, declaring North Korea's unstinting "friendship" with Beijing in a show of loyalty to his main ally following a landmark summit with US President Donald Trump.
The two-day visit was designed to reassure Beijing that Pyongyang will not neglect its interests as Trump and the young autocrat move into uncharted diplomatic terrain.

21st Century Fox Agrees to Higher Offer From Disney - WSJ

Walt Disney Co. raised its offer to purchase most of 21st Century Fox to more than $70 billion in cash and stock, topping an unsolicited offer from rival Comcast Corp. as the bidding war for the coveted media properties escalates.
Disney’s new offer is far higher than the price of its original deal, $52.4 billion in stock, and surpasses Comcast’s all-cash offer of roughly $65 billion. Disney will pay Fox shareholders roughly 50% in cash and 50% in stock.

Sony pays Hirai $25m for final year as CEO - Nikkei Asian Review

Sony's Kazuo Hirai received a company record 2.7 billion yen ($24.5 million) in compensation for his final year as president and CEO, the annual securities report shows, reflecting the best-ever operating profit booked by the Japanese group during the year ended in March... Hirai took in about 2.07 billion yen in base salary and performance-based pay for fiscal 2017. He also received a 200,000-share stock option and 50,000 shares of restricted stock.

Canada's Senate passes marijuana bill but legalization delayed

Prime Minister Justin Trudeau's government had hoped to make pot legal by July 1, but the government has said provincial and territorial governments will need eight to 12 weeks following Senate passage and royal assent to prepare for retail sales. Trudeau's government is expected to decide a date that would legalize it in early or mid-September.

Terror trial told of plot to take Theresa May’s head off | The Times

A suspected terrorist inspired by Isis hoped to “take the head off” Theresa May in a bomb and knife attack on Downing Street, his trial at the Old Bailey was told.
Naa’imur Zakariyah Rahman, 20, intended to carry out a “full frontal assault” on the gates and the door of No 10 and expected to die in the attack, it is claimed. The alleged plot was uncovered by MI5 officers posing as Islamic State operatives online.


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