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Updated: 4 hours 12 min ago

Shares wobble, yuan weakens as global trade talk rattles markets

Fri, 05/17/2019 - 10:36am
A gauge of global stocks dipped but erased steeper losses in a volatile session on Friday while the Chinese yuan weakened as global trade tensions persisted to hover over financial markets.

Britain's Brexit talks collapse as May's premiership crumbles

Fri, 05/17/2019 - 10:24am
Britain's tumultuous divorce from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May's crumbling government.

White House delays decision on tariffs on imported cars, parts

Fri, 05/17/2019 - 10:23am
The White House said on Friday that President Donald Trump is delaying a decision for as long as six months on whether to impose tariffs on imported cars and parts to allow for more time for trade talks with the European Union and Japan.

Biden shows early strength, but pitfalls loom in 2020 U.S. presidential race

Fri, 05/17/2019 - 10:22am
Former U.S. Vice President Joe Biden has shown surprising strength in the first three weeks of his campaign for the Democratic presidential nomination, prompting a persistent question: Can anyone stop him?

U.S. urging talks while 'holding gun' at Iran: Iranian military official

Fri, 05/17/2019 - 10:17am
A senior Iranian military official has accused U.S. President Donald Trump of dishonesty, saying Washington is calling for talks while "holding a gun" at Tehran, the semi-official news agency Mehr reported on Friday.

China backs Iran during U.S. tensions

Fri, 05/17/2019 - 10:17am
China offered strong support to Iran on Friday, with its top diplomat telling Iran's foreign minister that China opposes unilateral sanctions and supports Tehran's efforts to safeguard its interests.

Iran denies ties to Houthi drone attack on Saudi oil installations

Fri, 05/17/2019 - 9:43am
Iran's foreign ministry on Friday rejected accusations by Saudi Arabia that Tehran had ordered an attack on Saudi oil installations claimed by Yemen's Iran-aligned Houthi militia.

Madonna gets into Eurovision groove in Tel Aviv despite Palestinian criticism

Fri, 05/17/2019 - 9:20am
Pop star Madonna took time out ahead of her scheduled guest performance at the Eurovision Song Contest in Israel, attending an evening event in Tel Aviv on Thursday.

Iranian missiles can hit U.S. ships in Gulf: Guards

Fri, 05/17/2019 - 9:18am
A deputy head of Iran's elite Revolutionary Guards said short-range Iranian missiles could reach U.S. warships in the Gulf, and the United States could not afford a new war, the semi-official news agency Fars reported on Friday.

Wall St. falls after China's tough talk on trade

Fri, 05/17/2019 - 9:03am
U.S. stocks slipped on Friday, after three straight sessions of gains, as trade tensions were renewed after Chinese media took a hardline approach to the tariff dispute between the United States and China.

Pinterest shares tumble as profit seen elusive

Fri, 05/17/2019 - 8:49am
Pinterest Inc's shares slumped as much as 17% on Friday after the online scrapbook company's disappointing annual forecast shook investors' faith in its ability to turn in a profit soon.

Turmoil at Thyssenkrupp marks battle for Germany's economic identity

Fri, 05/17/2019 - 8:30am
By Christoph Steitz, Tom Käckenhoff, Edward Taylor and Arno Schuetze

Chinese firms' missing $6 billion tests regulators' resolve

Fri, 05/17/2019 - 8:25am
Cash is considered among the hardest assets for a company to fake, which is why the disappearance of a combined $6.1 billion from two Chinese companies has dumbfounded investors and forced regulators to take action.

Taiwan parliament weighs landmark same-sex measures ahead of vote

Thu, 05/16/2019 - 11:04pm
Taiwan's parliament on Friday discussed measures to legalize same-sex marriage ahead of a landmark vote that could make the self-ruled island the first in Asia to adopt such legislation, despite deep divisions over marriage equality.

In China's heartland, once-flush shoppers turn cautious

Thu, 05/16/2019 - 10:58pm
Dressed in a smart black pantsuit behind the wheel of her pearl-white Audi, Zhao Na has come a long way from her roots in rural Henan province, in central China.

Flynn detailed attempts to obstruct Russia probe: U.S. court filing

Thu, 05/16/2019 - 10:28pm
Former U.S. national security adviser Michael Flynn gave Special Counsel Robert Mueller information about attempts by people tied to the Trump administration and Congress to obstruct the Russia investigation, court documents released on Thursday showed.

Asian shares feeling blue as Shanghai turns red

Thu, 05/16/2019 - 9:58pm
Asian shares were struggling to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered only a fleeting respite from the interminable Sino-U.S. trade dispute.

SpaceX postpones Starlink satellite launch again, for 'about a week'

Thu, 05/16/2019 - 9:18pm
A SpaceX launch already scrubbed once due to inclement weather was postponed again nearly 24 hours later on Thursday, this time for "about a week," in order to update satellite software and "triple-check everything," Elon Musk's rocket company said.

Pompeo meets with Hong Kong pro-democracy leader

Thu, 05/16/2019 - 9:15pm
U.S. Secretary of State Mike Pompeo met with Hong Kong pro-democracy leader Martin Lee on Thursday, the State Department said, as Hong Kong activists seek to derail a proposed extradition law pushed by Beijing.

Bayer bets on 'silver bullet' defense in Roundup litigation; experts see hurdles

Thu, 05/16/2019 - 9:12pm
Bayer AG plans to argue that a $2 billion jury award and thousands of U.S. lawsuits claiming its glyphosate-based weed killer Roundup causes cancer should be tossed because a U.S. regulatory agency said the herbicide is not a public health risk.