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Welcome to The World in 60 Seconds from First FT.
Malaysia has recalled its ambassador to Pyongyang as a diplomatic row over the apparent assassination of the North Korean leader brother escalates. Kim Jong-mam. Young man was killed in Kuala Lumpur airport last week. And Malaysian authorities are investigating his death. They refused North Korean officials access to the body, prompting Pyongyang to accuse Malaysia of colluding with hostile forces.
Kraft Heinz has dropped its $143 billion pursuit of Unilever. The announcement came only two days after Kraft confirmed its interest in the Anglo-Dutch rival. The takeover would have created the world's second largest consumer goods group by sales.
A New Zealand's high court has ruled that Kim Dotcom can be extradited to face trial in the US, over one of the largest copyright infringements in history. The judgement is a victory for the US Department of Justice, which has been baffling for nearly five years to have Mr. Dotcom stand trial on charges related to his file sharing site megaupload.
And for more of today's top stories, go to ft.com/firstft.
