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Updated: 8 hours 20 min ago

Morgan Stanley quarterly profit more than doubles

Thu, 01/17/2019 - 6:36am
Morgan Stanley's fourth-quarter profit more than doubled from a year earlier when it recorded a $1 billion tax charge due to changes in the U.S. tax law.

In Argentina crisis, firms do everything to cut costs - except fire workers

Thu, 01/17/2019 - 6:28am
Like many Argentine businessmen, Marco Meloni is doing everything he can to avoid laying off staff at his textile factory despite a slump in sales, more than 70 percent interest rates and soaring utility bills.

Exclusive: British Lotus cars to be 'Made in China' at new Geely plant: documents

Thu, 01/17/2019 - 6:26am
The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan ($1.3 billion) factory in Wuhan city, company job advertisements and government documents showed.

Stocks turn red, pound finds some peace

Thu, 01/17/2019 - 6:21am
Concern over China's economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in the Brexit saga offered sterling a moment's peace.

U.S. legislation steps up pressure on Huawei and ZTE, China calls it 'hysteria'

Thu, 01/17/2019 - 6:10am
A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei Technologies Co Ltd [HWT.UL], ZTE Corp or other Chinese telecommunications companies that violate U.S. sanctions or export control laws.

U.S. Army vows to fix 'broken' housing at Fort Meade in wake of Reuters report

Thu, 01/17/2019 - 5:28am
The commander of one of the largest Army bases in the United States promised residents to fix a “broken” housing system in which maintenance lapses by a private landlord left military families in homes with health and safety hazards.

Last 19 missing after deadly Nairobi hotel attack now accounted for: Red Cross

Thu, 01/17/2019 - 5:17am
Nineteen people still missing two days after a Somali militant attack on a Nairobi hotel and office complex that killed 21 people are now accounted for, the Kenyan Red Cross said on Thursday.

Kenya Red Cross: everyone missing after hotel attack now accounted for

Thu, 01/17/2019 - 4:53am
The Kenya Red Cross said on Thursday that all people missing after an attack on a Nairobi hotel complex had now been accounted for.

Sex seminar model who claimed Trump secrets deported from Thailand

Thu, 01/17/2019 - 4:02am
A model from Belarus who was arrested during a "sex training seminar" in Thailand and then claimed to have evidence of Russian interference in U.S. President Donald Trump's election was deported on Thursday.

Riven by crisis, Britain searches for Brexit emergency 'plan B'

Thu, 01/17/2019 - 3:58am
Prime Minister Theresa May will try on Thursday to break the impasse in Britain's political elite over how to leave the European Union by searching for an emergency exit deal, though there is so far little sign of compromise.

France triggers 'hard Brexit' plan, to invest in ports and airports

Thu, 01/17/2019 - 3:57am
France has put in motion a contingency plan to deal with an eventual "hard Brexit," Prime Minister Edouard Philippe said on Thursday, including 50 million euros ($57 million) of investments to help ports and airports cope.

Facebook removes more pages, accounts with Russia links

Thu, 01/17/2019 - 3:53am
Facebook Inc said on Thursday it had removed hundreds of Russia-initiated pages, accounts and groups that it judged to be involved in coordinated inauthentic behavior on its Facebook and Instagram platforms.

Delay to Brexit is inevitable, former UK PM Blair says

Thu, 01/17/2019 - 2:32am
A delay to Brexit is now inevitable, former British Prime Minister Tony Blair said on Thursday, after lawmakers defeated Theresa May's European Union withdrawal deal.

Trump's new missile defense strategy eyes space-based sensors

Thu, 01/17/2019 - 2:23am
U.S. President Donald Trump is due to unveil a revamped U.S. missile defense strategy on Thursday that looks at ways to boost America's security, including by possibly deploying a new layer of space-based sensors to detect and track enemy missiles.

China calls proposed U.S. legislation against Huawei, ZTE 'hysteria'

Thu, 01/17/2019 - 1:38am
China's Foreign Ministry said on Thursday that proposed U.S. legislation targeting Huawei, ZTE and other Chinese telecommunications equipment companies was due to "hysteria", and urged U.S. lawmakers to stop the bills.

German justice minister backs second Brexit referendum

Thu, 01/17/2019 - 1:36am
A second referendum on Britain's exit from the European Union would make sense, German Justice Minister Katarina Barley told a German broadcaster on Thursday, after British lawmakers rejected Prime Minister Theresa May's draft Brexit agreement.

Kenya hotel siege over, militants and at least 21 victims dead

Wed, 01/16/2019 - 7:24pm
Kenyan security forces have killed all the Somali militants who stormed an upscale Nairobi hotel compound, taking at least 21 lives and forcing hundreds of people into terrifying escapes, the government said on Wednesday.

U.S. 9/11 survivor, Kenyan 'buddies' and Briton among Nairobi victims

Wed, 01/16/2019 - 7:24pm
An American who survived the 9/11 attacks, two best friends from Kenya who worked to help Somalia, and a British development professional were among at least 14 people killed when Somali militants raided a posh hotel complex in Nairobi.

Bid to keep U.S. sanctions on Russia's Rusal fails in Senate

Wed, 01/16/2019 - 7:23pm
In a victory for President Donald Trump, the U.S. Senate on Wednesday rejected legislation to keep sanctions on companies linked to Russian oligarch Oleg Deripaska, including aluminum firm Rusal .

'Not the greatest crisis': Trump's EPA pick downplays climate threat

Wed, 01/16/2019 - 7:05pm
U.S. President Donald Trump's new pick to run the Environmental Protection Agency told lawmakers on Wednesday he does not believe climate change is a major crisis, and would continue to undo Obama-era emission limits if confirmed.