News Headlines - 05 July 2016

4 killed in suicide attack in Saudi Arabia - CNN.com

The attacks -- including one in Medina, one of the holiest sites in Islam -- follow massive jihadi assaults from Turkey to Iraq that have been been tied to ISIS. Analysts believe events in Saudi Arabia could also be the work of the terror group.

Dhaka Hostage 'Mistaken For Attacker And Shot'

Police in Bangladesh have said they may have shot dead one of the hostages at a Dhaka cafe after mistaking him for an attacker.

Japan-China tensions after warplanes come close to dogfight — FT.com

A near dogfight between Japan and China — according to the latter, involving the rare use of fire-control radar to target its warplanes — has further escalated tensions between the two powers amid fears that clashes are growing more provocative.

Bank of England takes steps as Brexit risks appear, pound falls | Reuters

The Bank of England took steps on Tuesday to ensure British banks keep lending as the financial consequences of the country's decision to leave the European Union began to materialize, especially in commercial real estate.
Sterling hit a fresh 31-year low against the dollar after three big investment firms halted trading in real estate funds, reflecting fears of a Brexit hit to the property market.

Michael Cimino Dead: ‘Deer Hunter,’ ‘Heaven’s Gate’ Director Was 77 | Variety

Michael Cimino, who won Oscars as director and a producer of “The Deer Hunter” before “Heaven’s Gate” destroyed his career and sped up the demise of 60-year-old United Artists, has died. He was 77. Friends called the police when they couldn’t reach him and he was found dead Saturday at his Los Angeles home. Cause of death has not yet been determined.