World News

Subscribe to World News feed World News is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 8 hours 34 min ago

Trump defends trade policies to farmers, vows fair deal with China

Mon, 01/14/2019 - 6:31pm
U.S. President Donald Trump on Monday defended his tough trade policies in front of thousands of farmers who have suffered because of his trade war with China, disappointing some who had hoped to hear a plan for a swift resolution.

Striking Los Angeles teachers picket in rain with no deal imminent

Mon, 01/14/2019 - 6:24pm
More than 30,000 Los Angeles teachers demanding pay raises and smaller classes walked off the job in America's second-largest school system on Monday, marching downtown in the rain after negotiations over a new contract broke down.

Wisconsin kidnapper targeted teen after seeing her get on school bus: prosecutor

Mon, 01/14/2019 - 6:13pm
The Wisconsin man accused of kidnapping a 13-year-old girl after murdering her parents then holding her hostage for months, sometimes under his bed, told police he picked his victim after seeing her get on a school bus, prosecutors said on Monday.

Second U.S. judge blocks Trump administration birth control rules

Mon, 01/14/2019 - 5:59pm
A federal judge in Pennsylvania on Monday blocked the Trump administration from enforcing new rules allowing employers to obtain exemptions from an Obamacare requirement that they provide health insurance that covers women's birth control.

Suspect shot by police dies after standoff at New Jersey UPS facility

Mon, 01/14/2019 - 5:47pm
A 39-year-old gunman opened fire at a United Parcel Service Inc facility in New Jersey and held two employees hostage for hours on Monday before police fatally shot him, officials said.

U.S., Turkey at odds over Kurdish fighters in Syria

Mon, 01/14/2019 - 5:19pm
The United States and Turkey sparred on Monday over the fate of U.S.-allied Kurdish fighters in Syria, with Washington insisting they not be harmed and Ankara rejecting a perceived U.S. threat to punish Turkey economically if it attacked them.

NBCUniversal to launch streaming service in 2020

Mon, 01/14/2019 - 5:04pm
Comcast's NBCUniversal will launch a streaming media service in early 2020 under a pricing model that seeks to mollify traditional pay TV providers while going after a market dominated by Netflix Inc and Inc.

China worries weigh on Wall Street, earnings expectations fall

Mon, 01/14/2019 - 4:35pm
U.S. stocks declined on Monday as an unexpected drop in China's exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.

Trump: 'great potential' for expanded U.S., Turkey economic development

Mon, 01/14/2019 - 4:30pm
President Donald Trump said in a tweet on Monday he saw "great potential to substantially expand" economic development between the United States and Turkey, after threatening on Sunday to devastate Turkey's economy if they attack Washington's Kurdish allies in Syria.

PG&E bond prices fall, spreads widen on bankruptcy plans

Mon, 01/14/2019 - 3:29pm
Bonds of PG&E Corp , owner of the biggest U.S. power utility by number of customers, plunged on Monday after the company said it is preparing to file for Chapter 11 bankruptcy protection as it faces liabilities linked to wildfires in California.

Top U.S. utility PG&E says it is preparing bankruptcy filing

Mon, 01/14/2019 - 7:22am
PG&E Corp , the biggest U.S. power utility, said on Monday it is preparing to file for Chapter 11 bankruptcy for all of its businesses as it faces potentially crushing liabilities linked to catastrophic wildfires in 2017 and 2018.

Brexit is in peril, UK PM May warns ahead of vote on her deal

Mon, 01/14/2019 - 7:20am
Prime Minister Theresa May warned on Monday that Britain's planned exit from the EU could be derailed, a last-ditch effort to win over Brexit-supporting lawmakers who have repeatedly said they will vote down her divorce deal.

EU writes to UK providing assurances over Ireland Brexit backstop

Mon, 01/14/2019 - 7:20am
European Council President Donald Tusk and European Commission President Jean-Claude Juncker have written a letter to British Prime Minister Theresa May setting out assurances about the so-called Northern Ireland backstop.

Citigroup reports surprise drop in quarterly revenue, shares slip

Mon, 01/14/2019 - 7:20am
Citigroup Inc reported a surprise drop on Monday in quarterly revenue due to a steep decline in its fixed income trading business, hurt by volatility in financial markets at the end of the year.

China says countries should end 'fabrications' about Huawei

Mon, 01/14/2019 - 7:10am
China on Monday urged countries to end "fabrications" about Huawei, after an official in Poland said his country could limit the use of the company's products by public entities following the arrest of a Huawei employee there on spying allegations.

Newmont to become largest gold producer with $10 billion Goldcorp buy

Mon, 01/14/2019 - 6:55am
Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc in a deal worth $10 billion, creating the world's biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal.

From Tibet to the 'Nine Dragons', Vietnam's Mekong Delta is losing sand

Mon, 01/14/2019 - 6:43am
In the dead of night, the entire front half of shopkeeper Ta Thi Kim Anh's house collapsed. Perched on the sandy banks of the Mekong River, it took just a few minutes for one half of everything she owned to plunge into its murky depths.

President Trump can't stop U.S. coal plants from retiring

Mon, 01/14/2019 - 6:43am
More U.S. coal-fired power plants were shut in President Donald Trump's first two years than were retired in the whole of Barack Obama's first term, despite the Republican's efforts to prop up the industry to keep a campaign promise to coal-mining states.

Fintech firms want to shake up banking, and that worries the Fed

Mon, 01/14/2019 - 6:41am
The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.

Indonesian divers find crashed Lion Air jet's second black box

Mon, 01/14/2019 - 6:15am
Indonesian authorities on Monday said they will immediately begin to download contents of a cockpit voice recorder (CVR) from a Lion Air jet that crashed into the sea near Jakarta more than two months ago, killing all 189 people on board.