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Updated: 7 hours 9 min ago

Receding trade fears propel stocks to six-month peak

Fri, 09/21/2018 - 3:57pm
The U.S. dollar rebounded and world shares hit a six-month high on Friday after China's moves to boost domestic consumption bolstered a rally driven by investor bets that the latest U.S.-China trade dispute was unlikely to dent global growth.

Walmart warns Trump tariffs may force price hikes: letter

Fri, 09/21/2018 - 3:34pm
Walmart Inc said that it may hike prices of products if the Trump administration imposes a tariff on Chinese imports, according to a letter the company wrote to U.S. Trade Representative Robert Lighthizer two weeks ago and seen by Reuters on Thursday.

More flooding feared for South Carolina, a week after Florence

Fri, 09/21/2018 - 3:32pm
Residents of Georgetown County, South Carolina, where five rivers flow into the ocean, were preparing on Friday for a deluge of water in the aftermath of Hurricane Florence, which has killed at least 40 people.

Duke shuts natgas plant due to Florence floods, coal ash leak feared

Fri, 09/21/2018 - 3:32pm
Duke Energy Corp said it shut down a North Carolina natural gas plant due to flooding as the deluge of water continued in the aftermath of Hurricane Florence, which has killed more than 40 people.

Virtual or real? Fashion world split over digital supermodels

Fri, 09/21/2018 - 3:21pm
The three women gazing into the camera in an advert for French luxury label Balmain look like they could fit in at any high-end shoot, but Shudu, Margot and Zhi are "digital models" whose rise is dividing the fashion world.

Over 54,000 still without power in Carolinas after Florence

Fri, 09/21/2018 - 2:34pm
More than 54,000 homes and businesses in the Carolinas were still without power on Friday, a week after Hurricane Florence hit the North Carolina coast on Sept. 14, according to local power companies.

Death toll reaches 136 in Tanzania ferry disaster with scores missing

Fri, 09/21/2018 - 2:23pm
Tanzanian President John Magufuli on Friday ordered the arrest of those responsible for a packed ferry sinking on Lake Victoria with a death toll of at least 136 and scores of people still missing.

Democrats' enthusiasm to blunt Trump soars for congressional election: Reuters/Ipsos poll

Fri, 09/21/2018 - 1:55pm
Carol Donovan became convinced 2018 could be a good year for Democrats in Dallas County, Texas, when so many enthusiasts jammed into the party's annual fish fry fundraiser last October that they ran out of catfish.

Farfetch tops price range in IPO in boon to luxury market

Fri, 09/21/2018 - 1:36pm
Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.

Senate panel wants Kavanaugh hearing terms worked out Friday

Fri, 09/21/2018 - 1:13pm
The Senate Judiciary Committee has given Christine Blasey Ford's lawyers until the end of Friday to agree on terms for her to testify about her sexual assault allegations against Supreme Court nominee Brett Kavanaugh, Politico reported, citing a Republican senator.

Factbox: Kavanaugh's Supreme Court bid hinges on handful of senators

Fri, 09/21/2018 - 1:00pm
President Donald Trump's nomination of Brett Kavanaugh to the U.S. Supreme Court is before a Senate committee that is struggling to advance it after a woman alleged Kavanaugh sexually assaulted her when they were in high school in 1982.

U.S. agency accuses Walmart of pregnancy discrimination in lawsuit

Fri, 09/21/2018 - 12:39pm
The U.S. Equal Employment Opportunity Commission on Friday filed a lawsuit accusing Walmart Inc of forcing pregnant workers at a Wisconsin warehouse to go on unpaid leave and denying their requests to take on easier duties.

May challenges EU as Brexit talks hit 'impasse', sterling tumbles

Fri, 09/21/2018 - 12:38pm
British Prime Minister Theresa May said on Friday that Brexit talks with the European Union had hit an impasse, defiantly challenging the bloc to come up with its own plans a day after EU leaders savaged her proposals.

Iran puts on 'show of strength' military exercise in Gulf

Fri, 09/21/2018 - 5:36am
The Iranian Revolutionary Guards and army carried out a joint aerial military drill in the Gulf on Friday in what official media said indicated the "pounding reply" that awaited the country's enemies.

Pope accepts resignation of two more Chilean bishops following abuse scandal

Fri, 09/21/2018 - 5:29am
Pope Francis has accepted the resignation of two more Chilean bishops, bringing to seven the number who have stepped down since a sexual abuse scandal swept the nation's Roman Catholic Church.

At U.N. podium, Trump to tout protecting U.S. sovereignty

Fri, 09/21/2018 - 5:03am
Since U.S. President Donald Trump made his debut at the United Nations a year ago pushing an "America First" policy, he has quit the Iran nuclear deal, the U.N. Human Rights Council and lashed out at some of the closest allies of the United States.

Death toll reaches 100 in Tanzania ferry disaster, hundreds feared missing

Fri, 09/21/2018 - 4:52am
More than 100 bodies have been retrieved after a ferry sank on Lake Victoria, Tanzanian state radio reported on Friday, and hundreds more were still feared missing as rescuers searched for survivors from daybreak on the morning after the disaster.

U.S. sanctions China for buying Russian fighter jets, missiles

Fri, 09/21/2018 - 4:15am
The Trump administration imposed sanctions on the Chinese military on Thursday for buying fighter jets and missile systems from Russia, in breach of a sweeping U.S. sanctions law punishing Moscow for meddling in the 2016 U.S. election.

Russia says U.S. is playing with fire by imposing new sanctions on it

Fri, 09/21/2018 - 4:10am
Russia on Friday called a new wave of U.S. sanctions misguided, saying Washington's habit of using sanctions against Moscow risked undermining global stability and was part of a dangerous game.

Ebbing trade worries push stocks to highest in over half a year

Fri, 09/21/2018 - 4:05am
World shares hit their highest levels in over six months on Friday, as investors gravitated to the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared.