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Updated: 2 hours 36 min ago

Putin, Macron bond over shared unease at Trump's actions

Fri, 05/25/2018 - 11:51am
ST PETERSBURG, Russia (Reuters) - Russian President Vladimir Putin and his French counterpart Emmanuel Macron on Friday found a common cause in their shared unease at U.S. President Donald Trump's actions on Iran, climate change and international trade.

On again? Trump says still chance of June 12 North Korea summit

Fri, 05/25/2018 - 9:53am
WASHINGTON/SEOUL (Reuters) - U.S. President Donald Trump said on Friday said it was possible a planned summit with North Korea's leader Kim Jong Un could still take place on June 12 as originally planned, just a day after he canceled the meeting citing Pyongyang's "tremendous anger and open hostility."

EU may not enforce its rules on Italy, but financial markets will

Fri, 05/25/2018 - 9:52am
BRUSSELS (Reuters) - EU officials will probably not do much to enforce their borrowing rules on Italy's new government, but they are hoping they won't have to because financial markets will do the job for them.

Movie producer Weinstein appears in court to answer rape, sex abuse charges

Fri, 05/25/2018 - 9:27am
NEW YORK (Reuters) - Film producer Harvey Weinstein surrendered to New York City police on Friday on charges of rape and sex abuse and was taken to court in handcuffs, months after he was toppled from Hollywood's highest ranks by scores of women accusing him of misconduct.

Trump metals tariffs make Granite City great again, but at what cost?

Fri, 05/25/2018 - 9:22am
GRANITE CITY, Ill. (Reuters) - After Donald Trump was elected president in 2016 on a pledge to "Make America Great Again" and revive the country's old industrial heartland, Dave Chrusciel hoped someday to return to his previous job at the steel mill here in this southern corner of Illinois.

Fiat Chrysler recalls 4.8 million U.S. vehicles for cruise control defect

Fri, 05/25/2018 - 8:40am
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said on Friday it is recalling 4.8 million U.S. vehicles over a defect that could prevent drivers from deactivating cruise control and warned owners not to use the function until they get software upgrades.

Aperitif, anyone? Spirits firms chase cocktail for growth

Fri, 05/25/2018 - 8:25am
MILAN/LONDON (Reuters) - Drinks companies are converging on an unusual cocktail recipe: less alcohol.

Tesla settles class action lawsuit over 'dangerous' Autopilot system

Fri, 05/25/2018 - 8:11am
NEW YORK (Reuters) - Tesla on Thursday reached an agreement to settle a class action lawsuit with buyers of its Model S and Model X cars who alleged that the company's assisted-driving Autopilot system was "essentially unusable and demonstrably dangerous."

Collapse of Trump-Kim summit threatens to deepen U.S.-China rift

Fri, 05/25/2018 - 6:54am
BEIJING (Reuters) - U.S. President Donald Trump's cancellation of a summit with North Korean leader Kim Jong Un threatens further strain on U.S.-China ties amid a trade dispute that had been intertwined with Beijing's pressure on isolated Pyongyang.

Movie producer Weinstein surrenders on sex assault charges

Fri, 05/25/2018 - 6:40am
NEW YORK (Reuters) - Film producer Harvey Weinstein on Friday surrendered to authorities at a New York City police station on sex crime charges, months after he was toppled from Hollywood's most powerful ranks by scores of women accusing him of misconduct.

OPEC, Russia prepared to raise oil output under U.S. pressure

Fri, 05/25/2018 - 6:37am
ST PETERSBURG/DUBAI (Reuters) - Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, while OPEC's chief said a complaint from U.S. President Donald Trump over high prices had triggered the idea of upping output.

Telling truth to power still no easy task for Malaysia's revved up media

Fri, 05/25/2018 - 6:36am
KUALA LUMPUR (Reuters) - In the first hours after the biggest political upset in Malaysia's history, the chief editor of news site Malaysiakini gathered his team in their cramped newsroom in a shabby industrial estate on the outskirts of Kuala Lumpur.

Exclusive: China Inc tightens reins on debt, raises specter of slowdown

Fri, 05/25/2018 - 6:26am
SHANGHAI/BENGALURU (Reuters) - Debt growth for Chinese companies has slowed to the lowest rate in more than a decade, according to Reuters analysis, which could provide relief for policymakers worried about the fallout from years of loose lending practices across the economy.

Exclusive: Blacklisted fan bypasses Russia's World Cup security system

Fri, 05/25/2018 - 6:09am
MOSCOW (Reuters) - A soccer fan blacklisted by Russian authorities for bad behavior was granted a document allowing him to attend World Cup matches, while several other fans have skirted a stadium ban, Reuters has found.

New privacy law forces some U.S. media offline in Europe

Fri, 05/25/2018 - 5:36am
LONDON (Reuters) - Major U.S.-media outlets including the LA Times and Chicago Tribune were forced to shutter their websites in parts of Europe on Friday following the roll out of stringent new privacy regulations by the European Union.

Tax-dodge strategists probe loopholes in new U.S. law, IRS wary

Fri, 05/25/2018 - 5:31am
WASHINGTON (Reuters) - Tax experts for global corporations are hot on the trail of loopholes in the sweeping tax law approved in December by President Donald Trump and Republicans in the U.S. Congress.

Meghan Markle makes gold sales sparkle

Fri, 05/25/2018 - 5:28am
NEW YORK (Reuters) - The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said.

North Korea says it's still open to talks after Trump cancels summit

Fri, 05/25/2018 - 3:46am
SEOUL (Reuters) - North Korea said on Friday it was still open to talks with the United States after President Donald Trump called off a summit with leader Kim Jong Un, saying it hoped the "Trump formula" could resolve the standoff over its nuclear weapons program.

Two men set off bomb in restaurant in Canada; 15 wounded

Fri, 05/25/2018 - 3:27am
TORONTO (Reuters) - Two unidentified men walked into a restaurant on Thursday in the Canadian city of Mississauga and set off a bomb, wounding more than a dozen people, and then fleeing, local police said.

Perplexed and disappointed: South Korea's Moon regroups after mediation failure

Fri, 05/25/2018 - 2:41am
SEOUL (Reuters) - U.S. President Donald Trump's decision to cancel next month's summit with North Korea's Kim Jong Un came as shock to South Korean officials, who only days ago were publicly predicting a "99.9 percent" chance the meeting would proceed as scheduled.