News Headlines - 06 May 2016

▽Elections: Labour's Sadiq Khan 'set to win London mayoral race' - BBC News

Mr Khan, who would be the city's first Muslim mayor, is on course for victory over Conservative Zac Goldsmith.
The result would bolster leader Jeremy Corbyn after Labour were beaten into third in Scotland by the Tories and lost English councillors.

▽Panama Papers Source Offers to Aid Investigators if He’s Not Punished - The New York Times

The anonymous source behind the huge leak of documents known as the Panama Papers has offered to aid law enforcement officials in prosecutions related to offshore money laundering and tax evasion, but only if he is assured that he will not be punished.

▽IMF threatens to pull out of Greek rescue | The Guardian

In a letter - leaked three days before eurozone finance ministers are scheduled to discuss how best to put the crisis-plagued country back on its feet – IMF chief Christine Lagarde issued her most explicit warning yet: either foreign lenders agree to restructure Greece’s runaway debt or the Washington-based organisation will pull out of rescue plans altogether.

▽Russia-Japan Leaders Meet as Tensions Loom

Japanese Prime Minister Shinzo Abe was in Russia Friday hoping to ease strained relations between Tokyo and Moscow before President Vladmir Putin heads to China for a bilateral summit next month.

▽Prime Minister given the low-down on Hitachi’s ‘800s’

Prime Minister David Cameron and his Japanese counterpart Shinzo Abe visited Hitachi Rail Europe’s North Pole depot on May 5, to inspect a new bi-mode Class 800 and speak to HRE apprentices.