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Updated: 7 hours 56 min ago

Boost for Saudi Arabia as Aramco shares surge 10% on debut

Wed, 12/11/2019 - 3:25am
Saudi Aramco shares surged the maximum permitted 10% above their initial public offering (IPO) price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by Saudi Crown Prince Mohammed bin Salman.

European stocks slip as trade deadline looms

Wed, 12/11/2019 - 3:22am
European shares fell on Wednesday as the deadline approached for new U.S. tariffs on Chinese goods, while two major central banks held policy meetings.

Tremors worsen on New Zealand volcano island, prevent recovery of bodies

Wed, 12/11/2019 - 3:18am
Increasing tremors on a volcanic island in New Zealand on Wednesday heightened the risk of another massive eruption, preventing the recovery of bodies two days after an eruption engulfed dozens of tourists in steam and hot ash.

Jersey City gunmen targeted Jewish grocery for lethal attack: mayor

Wed, 12/11/2019 - 3:15am
Police in the New York metropolitan area were put on high alert to protect Jewish neighborhoods after an hours-long gunbattle with two men around a Jersey City kosher market that killed six people, authorities said.

GM, doubling down on big SUVs, unveils longer Chevy Tahoe, Suburban

Wed, 12/11/2019 - 3:12am
General Motors Co could expand the lineup of vehicles using its large truck and sport utility vehicle architecture and sees big opportunities in over-the-air software updates, President Mark Reuss told Reuters on Tuesday.

Turkey says will retaliate against any sanctions ahead of U.S. vote

Wed, 12/11/2019 - 3:09am
Turkey said on Wednesday it would retaliate against any U.S. sanctions over its purchase of Russian defense systems, adding that with Britain it had agreed to speed up a joint fighter jet program to meet Turkish defense needs.

Aramco IPO to help Saudi economy shift from oil: finance minister

Wed, 12/11/2019 - 3:06am
Saudi Aramco's listing will boost the kingdom's efforts to diversify from oil as the bulk of proceeds will be injected in domestic projects, while the global buzz surrounding the deal will help lure foreign capital, the finance minister said.

Myanmar's Aung San Suu Kyi arrives at World Court

Wed, 12/11/2019 - 2:59am
Myanmar leader Aung Sun Suu Kyi arrived on Wednesday at the International Court of Justice in The Hague shortly before her country presents its defense against a suit alleging genocide of its Rohingya minority.

Mexican businesses want clarity on details of USMCA trade deal

Wed, 12/11/2019 - 2:50am
After the initial euphoria had subsided, Mexican business leaders emerged bruised and resigned to a new stricter trade deal with the United States and Canada that could usher in more intrusive enforcement of labor rules in Mexico.

China imprisoned more journalists than any other country in 2019: CPJ

Wed, 12/11/2019 - 2:14am
China imprisoned at least 48 journalists in 2019, more than any other country, displacing Turkey as the most oppressive place for the profession, a report by the Committee to Protect Journalists report said on Wednesday.

Aramco to become world's largest listed company -bourse

Wed, 12/11/2019 - 1:48am
Saudi Aramco will become the world's largest listed company when it debuts on the kingdom's stock exchange on Wednesday, the bourse's chairwoman said.

Saudi Aramco shares open 10% above IPO price, garners $1.88 trillion valuation

Wed, 12/11/2019 - 1:48am
Saudi Aramco shares opened at 35.2 riyal ($9.39) on Wednesday, 10% above their IPO price of 32 riyals, in their first day of trading following a record initial public offering.

New Zealand police say nine officially listed as missing after volcano eruption

Wed, 12/11/2019 - 1:41am
Nine people have been officially listed as missing after the eruption of a volcano on New Zealand's White Island, police said on Wednesday, seven of them Australians and two New Zealanders.

Australia says to transfer up to 10 injured people from New Zealand within next 24 hours

Wed, 12/11/2019 - 1:06am
Australia said on Wednesday it expects to transfer up to 10 injured people from New Zealand within next 24 hours if they are stable enough to travel.

Australian man and stepdaughter died in New Zealand volcano eruption, family says

Wed, 12/11/2019 - 12:39am
A 53-year-old Australian man died alongside his teenage stepdaughter when a volcano erupted in New Zealand, their family said on Wednesday, the latest victims of the disaster to be identified.

After year of living dangerously, Fed likely to signal time to lay low

Wed, 12/11/2019 - 12:13am
The U.S. Federal Reserve holds its last policy meeting of 2019 on Wednesday, having completed a year-long U-turn that saw it abandon a tightening cycle and lower borrowing costs three times in response to the global trade war.

Huawei's CFO wins Canada court fight to see more documents related to her arrest

Tue, 12/10/2019 - 10:54pm
Lawyers for Huawei's chief financial officer have won a court battle after a judge asked Canada's attorney general to hand over more evidence and documents relating to the arrest of Meng Wanzhou, according to a court ruling released on Tuesday.

New Jersey gun battle leaves six dead, including cop and both suspects

Tue, 12/10/2019 - 10:39pm
Police waged an hours-long gunfight with two men armed with high-powered rifles on Tuesday in and around a New Jersey cemetery and kosher market, leaving six people dead, including one officer and both suspects, authorities said.

Buttigieg opens fundraisers to media after tension over donor influence

Tue, 12/10/2019 - 10:38pm
U.S. Democratic presidential contender Pete Buttigieg held his first fundraiser open to press coverage on Tuesday after facing pressure from rival Elizabeth Warren to be more transparent.

Tremors at New Zealand volcano island hinder recovery of bodies

Tue, 12/10/2019 - 10:34pm
Increasing tremors on a volcanic island in New Zealand have hampered efforts by authorities to recover the bodies of eight people thought to be left on the island, two days after it erupted, engulfing dozens of tourists in steam and hot ash.