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Updated: 1 hour 14 min ago

U.S. military comes to grips with over-reliance on Chinese imports

Wed, 10/03/2018 - 5:38am
A Pentagon-led review ordered by President Donald Trump has identified hundreds of instances where the U.S. military depends on foreign countries, especially China, for critical materials, U.S. officials said.

Chinese movie star Fan Bingbing hit with huge tax evasion fines

Wed, 10/03/2018 - 5:32am
China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines, state news agency Xinhua said on Wednesday, as a crackdown on tax evasion in the entertainment industry gathers momentum.

Aston Martin skids on market debut

Wed, 10/03/2018 - 5:26am
Shares in luxury automaker Aston Martin fell as much as 6.5 percent on their market debut in London on Wednesday as investors and analysts raised concerns over its ability to deliver an ambitious roll-out of new models.

In North Dakota, Kavanaugh debate tests Democratic wave - and #MeToo

Wed, 10/03/2018 - 5:14am
Heidi Heitkamp has faced seemingly unwinnable odds before. In the 1990s, as a state attorney general, she stared down the tobacco industry, leading efforts to broker a multi-billion dollar settlement. In the 2000s, she beat back breast cancer.

Iran says World Court ruling proves U.S. sanctions are 'cruel': Tasnim news

Wed, 10/03/2018 - 4:54am
Iran welcomed on Wednesday a ruling of the World Court, the highest United Nations tribunal, that ordered the United States to ensure that sanctions against Tehran do not impact humanitarian aid or civil aviation safety.

With an eye on Russia, U.S. pledges to use cyber capabilities on behalf of NATO

Wed, 10/03/2018 - 4:45am
The United States is expected to announce in the coming days that it will use offensive and defensive cyber capabilities on behalf of NATO if asked, a senior Pentagon official said, amid concerns about Russia's increasingly assertive use of its cyber capabilities.

Italy budget concession hopes switch risk sentiment back on, boost euro

Wed, 10/03/2018 - 4:12am
The euro bounced off six-week lows on Wednesday, European shares rose and Italian bonds rallied as some of the worries that have rippled across markets this week were soothed by signs Rome was amenable to cutting budget deficits and debt in coming years.

Instagram back up after worldwide outage

Wed, 10/03/2018 - 3:55am
Facebook Inc's photo-sharing social network Instagram is back up for some users on Wednesday, after suffering a worldwide outage days after it installed a new head of the app.

Woman sues Facebook, claims site enabled sex trafficking

Wed, 10/03/2018 - 3:30am
A Texas woman, claiming that she was raped, beaten and sex trafficked at the age of 15 by a pimp who posed as a Facebook "friend," has filed suit against the social network, alleging its executives knew minors were being lured into the sex trade on their platform.

Indonesian disaster raises risks for President Widodo as he eyes re-election

Wed, 10/03/2018 - 2:23am
Indonesia's earthquake and tsunami could raise political risks for President Joko Widodo as he prepares a bid for re-election next year, with opponents keen to find fault in his handling of the disaster in a region with a history sectarian strife.

Aston Martin shares open flat at 19 pounds per share in London debut

Wed, 10/03/2018 - 2:15am
Shares in luxury carmaker Aston Martin opened flat at the offer price of 19 pounds ($24.70) per share in its London debut on Wednesday.