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Updated: 4 hours 12 min ago

Britain's May to set out departure timetable in early June: 1922 Committee

Thu, 05/16/2019 - 9:25am
British Prime Minister Theresa May and a powerful committee of Conservative lawmakers will meet after her latest attempt to pass her Brexit deal in early June to agree the timetable for her departure, the committee's chair said on Thursday.

Police smash 'GozNym' cybercrime network that stole $100 million

Thu, 05/16/2019 - 9:24am
Police in six countries have dismantled a complex cybercrime network that operated from Eastern Europe and fleeced victims - including small businesses and charities - of some $100 million, Europe's police agency said on Thursday.

UK PM May to discuss leadership election timetable after vote on Brexit deal

Thu, 05/16/2019 - 9:24am
British Prime Minister Theresa May will discuss a timetable for the election of a new Conservative Party leader no matter what the result of a vote on the second reading of her Withdrawal Agreement Bill, the chairman of the 1922 Committee said.

Walmart says higher China tariffs will increase prices for U.S. shoppers

Thu, 05/16/2019 - 9:24am
Walmart Inc said on Thursday that prices for shoppers will go up due to higher tariffs on goods from China as the world's largest retailer reported its best comparable sales growth for the first quarter in nine years.

Take or pay: Belgian ex-king faces paternity fines

Thu, 05/16/2019 - 9:13am
A Belgian court has ordered the country's former king to pay 5,000 euros ($5,600) a day until he takes a DNA paternity test to resolve a long-running case brought by a woman who says she is his daughter.

Factbox: Who is hoping to be Britain's next prime minister?

Thu, 05/16/2019 - 8:15am
Prime Minister Theresa May has said she will step down before the next phase of Brexit negotiations and, although she has not put a date on her departure, senior members of her Conservative Party are jostling to replace her.

U.S. weekly jobless claims fall more than expected

Thu, 05/16/2019 - 8:09am
The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to sustained labor market strength that should underpin the economy as growth slows.

Airbus CEO says all planemakers to suffer from 'lose-lose' trade war

Thu, 05/16/2019 - 7:43am
Airbus Chief Executive Guillaume Faury warned on Thursday any further escalation of trade tensions would damage aerospace firms globally, including the European planemaker's U.S. rival Boeing.

UK government says it will introduce Brexit bill as soon as possible

Thu, 05/16/2019 - 7:20am
The British government will introduce the Brexit Withdrawal Agreement Bill to parliament as soon as possible in order to give lawmakers time to scrutinize it, the leader of the House of Commons Andrea Leadsom said on Thursday.

Lack of innovation is 'Achilles heel' for China's economy, Xi says

Wed, 05/15/2019 - 10:41pm
A lack of innovation is China's "Achilles heel", President Xi Jinping warned in an article given high prominence by state media on Thursday, where he also bemoaned the economy for being big yet without being strong.

Asian shares fall after U.S. blacklists China's Huawei

Wed, 05/15/2019 - 10:35pm
Asian shares fell on Thursday after the United States hit Chinese telecoms giant Huawei with severe sanctions, threatening

U.S. blacklists China's Huawei as trade dispute clouds global outlook

Wed, 05/15/2019 - 10:33pm
The Trump administration hit Chinese telecoms giant Huawei with severe sanctions on Wednesday, adding another incendiary element to the U.S.-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks.

China's Huawei, 70 affiliates placed on U.S. trade blacklist

Wed, 05/15/2019 - 10:33pm
The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” - a move that bans the telecom giant from buying parts and components from U.S. companies without U.S. government approval.

U.S. pulls staff from Iraq, says Iran gave 'blessing' for tanker attacks

Wed, 05/15/2019 - 9:40pm
Helicopters ferried U.S. staff from the American embassy in Baghdad on Wednesday out of apparent concern about perceived threats from Iran, which U.S. sources believe encouraged Sunday's attacks on four oil tankers in the Gulf.

Alabama governor signs strictest U.S. abortion ban into law

Wed, 05/15/2019 - 9:33pm
Alabama's governor signed a bill on Wednesday to ban nearly all abortions in the state, even in cases of rape and incest, in the latest challenge by conservatives to the landmark U.S. Supreme Court decision establishing a woman's right to terminate her pregnancy.

U.S. anti-abortion groups plot course from state capitals to Supreme Court

Wed, 05/15/2019 - 9:33pm
Anti-abortion advocacy groups have pushed hard in recent months for the passage of bills to restrict or even ban the procedure outright at the state level, inspired by the perception that the U.S. Supreme Court has tilted in their favor.

North Carolina Attorney General sues Juul for targeting youth

Wed, 05/15/2019 - 9:20pm
North Carolina's Attorney General filed a lawsuit against Juul Labs Inc on Wednesday, piling more pressure on the biggest U.S. e-cigarette maker that is already under intense scrutiny for its products' usage among teenagers.

Trump pardons ex-media mogul Conrad Black

Wed, 05/15/2019 - 8:55pm
President Donald Trump on Wednesday signed a full pardon for former media mogul Conrad Black, who was convicted in 2007 of fraud and obstruction of justice and spent 3-1/2 years in prison.

Trump administration hits China's Huawei with one-two punch

Wed, 05/15/2019 - 8:38pm
The Trump administration on Wednesday took aim at China’s Huawei Technologies Co Ltd, banning the firm from buying vital U.S. technology without special approval and effectively barring its equipment from U.S. telecom networks on national security grounds.

Trade war hurting the U.S. ethanol industry 'badly': U.S. Grains Council

Wed, 05/15/2019 - 8:16pm
The U.S.-China trade war is hurting the U.S. ethanol industry "badly," Mike Dwyer, chief economist of the U.S. Grains Council, said on Wednesday at an event at New York Sugar week: