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CAIRO (Reuters) - Egypt's air accidents chief said on Thursday that a vessel provided by French company Alseamar, which specialises in marine wreckage searches, will join within hours the hunt for the black boxes from crashed EgyptAir flight MS804. Ayman al-Moqadem said negotiations were also underway to contract a second firm to help in the search. The investigating team had also received radar imagery and audio recordings from Greece detailing the flight trajectory of the doomed plane and the last conversation between its pilot and Greek air traffic control, Moqadem said. ...
By Nigel Stephenson LONDON (Reuters) - Brent crude oil topped $50 a barrel for the first time in nearly seven months on Thursday lifting commodity and energy-related shares in Europe and Asia though worries about U.S. interest rates and signs of slowdown in China limited gains. Oil's rise took it to levels more than 80 percent above January's 12-year lows and was fuelled in part by a weaker dollar, which fell against the Japanese yen. European shares edged higher, led by the basic resources and oil and gas sectors.
By Matt Spetalnick and Minami Funakoshi ISE-SHIMA, Japan (Reuters) - Group of Seven leaders voiced concern about emerging economies on Thursday as their host, Japanese Prime Minister Shinzo Abe, made a pointed comparison to the global financial crisis eight years ago. Abe said the G7 leaders agreed on the need for flexible spending to spur world growth but the timing and amount depended on each country, Deputy Chief Cabinet Secretary Hiroshige Seko told reporters, adding some countries saw no need for such spending. "G7 leaders voiced the view that emerging economies are in a severe situation, although there were views that the current economic situation is not a crisis," Seko said after the first day of a two-day G7 summit in Ise-Shima, central Japan.