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Updated: 11 hours 19 min ago

U.S. will not stop Iran exporting oil, Iranian president says

Tue, 12/04/2018 - 4:15am
The United States will not be able to stop Iran exporting its oil and any move to prevent Iranian crude shipments passing through the Gulf would lead to all oil exports through the waterway being blocked, Iran's president said on Tuesday.

Audi to invest 14 billion euros in e-mobility, self-driving cars

Tue, 12/04/2018 - 4:11am
Volkswagen's premium auto brand Audi said on Tuesday it would invest 14 billion euros ($15.9 billion) through 2023 in electric mobility, digitalization and autonomous driving.

China grain traders await lower tariffs before U.S. return

Mon, 12/03/2018 - 6:31pm
China will need to drop steep tariffs it imposed on a range of American farm products earlier this year before it can fulfill its pledge to buy substantial volumes of U.S. goods, said Chinese traders on Monday.

Exclusive: Lion Air ponders canceling Boeing jets in row over crash - sources

Mon, 12/03/2018 - 6:28pm
Indonesia's Lion Air is reviewing airplane purchases from Boeing Co and has not ruled out canceling orders as relations worsen in a spat over responsibility for a 737 jetliner crash that killed 189 people in late October.

Body of former President Bush lies in state in U.S. Capitol

Mon, 12/03/2018 - 6:02pm
The body of former U.S. President George H.W. Bush arrived on Monday at the U.S. Capitol in Washington, where mourners will pay tribute to the man who led the nation as the Cold War ended.

Qualcomm says China comment will not revive NXP deal

Mon, 12/03/2018 - 5:43pm
U.S. chipmaker Qualcomm Inc said on Monday it was not looking to revive its abandoned $44 billion acquisition of Dutch peer NXP Semiconductors NV , a day after the White House said China would reconsider clearing a deal if it was attempted again.

Republican state lawmakers scramble to curb incoming Democrats' power

Mon, 12/03/2018 - 5:16pm
Republican lawmakers in Wisconsin and Michigan are scrambling to pass last-minute legislation to limit the powers of incoming Democratic officials before their iron grip on state governments is loosened following last month's elections.

Congress heads to stopgap bill to avert government shutdown

Mon, 12/03/2018 - 4:57pm
The U.S. Congress, facing a Friday deadline for approving about $450 billion in funding for several government agencies or forcing them into a partial shutdown, is steering toward a two-week extension as President Donald Trump and Democrats argue over border wall funding.

Relief rally boosts Wall Street on U.S.-China trade truce

Mon, 12/03/2018 - 4:49pm
Wall Street's major indexes rallied on Monday following a truce between the United States and China in their trade dispute, which has clouded the outlook for the stock market for much of the year.

Britain's May launches high-stakes parliamentary debate on Brexit plan

Mon, 12/03/2018 - 4:38pm
Prime Minister Theresa May will urge parliament to back her Brexit deal on Tuesday at the start of a high-stakes five-day debate that could determine her fate and whether Britain leaves the European Union without a deal.

U.S. event, market closures for funeral of former President Bush

Mon, 12/03/2018 - 4:37pm
U.S. President Donald Trump signed an order to close the federal government on Wednesday, Dec. 5, in a day of mourning for former President George H.W. Bush, who died on Friday at the age of 94.

U.S. broadcaster Nexstar to buy Tribune Media for $4.1 billion

Mon, 12/03/2018 - 4:34pm
Nexstar Media Group Inc said on Monday it had agreed to buy Chicago-based peer Tribune Media Company for about $4.1 billion in cash, a deal that would make it the largest regional U.S. TV station operator.

Presenting legal advice, PM May fans flames of Brexit rebellion

Mon, 12/03/2018 - 4:26pm
British Prime Minister Theresa May's government fought on Monday to defend its Brexit deal by outlining the legal basis for parliament to support its plan to leave the European Union, but instead seemed to fan the flames of rebellion.

CIA chief Haspel to brief U.S. Senate leaders on Khashoggi's death

Mon, 12/03/2018 - 4:24pm
CIA Director Gina Haspel will give a closed briefing to leaders of several U.S. Senate committees on Tuesday on the killing of Saudi journalist Jamal Khashoggi, according to a source familiar with the planned meeting.

U.S. expects immediate action from China on trade commitments

Mon, 12/03/2018 - 4:12pm
The United States expects immediate action by China on trade issues after a deal reached by the countries' leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said on Monday.

White House adviser expects China's tariffs on U.S. autos to fall to zero

Mon, 12/03/2018 - 4:12pm
White House Economic Adviser Larry Kudlow on Monday said that China could immediately slash its vehicle tariffs, as the country enters a 90-day truce in the current trade war with the United States to negotiate a trade deal, as he reiterated China's pledge to begin lifting barriers immediately.

World stocks rally on China-U.S. trade war truce, dollar down, yuan up

Mon, 12/03/2018 - 4:08pm
A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while triggering a dollar sell-off and pushing the Chinese yuan and several trade-dependent currencies higher.

As Fed says on track, narrowing yield curve could complicate debate

Mon, 12/03/2018 - 4:00pm
Top U.S. Federal Reserve officials say a strong economy will likely keep their rate increase plans intact, but on Monday a key signal began to waver that may intensify debate about whether conditions are as solid as they seem.

Israel's Netanyahu, U.S. Secretary of State Pompeo meet to talk Iran

Mon, 12/03/2018 - 3:42pm
Israeli Prime Minister Benjamin Netanyahu met U.S. Secretary of State Mike Pompeo in Brussels on Monday to discuss Iran and other regional issues.

Milestones in the life of George H.W. Bush

Mon, 12/03/2018 - 3:22pm
Following are key events in the life of George H.W. Bush, the 41st president of the United States who died on Friday at the age of 94.

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