Orlando Attack of Hate; Cameron Promotes ‘Bremain’: Sunday Wrap

  • Alibaba short-selling hits new high, doubling since December
  • Hillary Clinton unveils first television ad against Trump

Here are highlights of Sunday’s top breaking stories from around the world:

President Barack Obama called the early-morning attack on an Orlando nightclub, the worst mass shooting in U.S. history, the act of a “person filled with hatred.” The gunman, who was killed, told the FBI in a call before the shooting that he was a follower of Islamic State, though there were no indications initially that he had been trained or dispatched by the jihadist group. Republican presidential presumptive nominee Donald Trump said the attack proves he’s right about cracking down on letting Muslim refugees into the U.S. London-based G4S, the world’s largest security company, confirmed the shooter, a U.S. citizen of Afghan descent, had worked for it since 2007.

U.K. Prime Minister David Cameron took his campaign to stay in the European Union to the Sunday talk shows as polls suggest the referendum vote on June 23 will be too close to call.

Short-selling in Alibaba Group Holding Ltd., the fast-growing Chinese e-commerce company, has hit its highest level since the company’s 2014 initial public offering.

The inclusion of yuan-denominated A shares in a MSCI Inc. index is a “historical certainty” that will eventually happen, a Chinese securities regulatory official said. Such a move may lead to billions of dollars in inflows into the Chinese stock market.

Hillary Clinton began airing her first TV ad of the U.S. general election campaign, hitting Trump for what she terms his divisive rhetoric.

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