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Updated: 6 hours 14 min ago

Trade ties in focus as Iran's Rouhani begins first Iraq visit

Mon, 03/11/2019 - 9:02am
Iranian President Hassan Rouhani condemned U.S. military intervention in the Middle East on Monday as he began a first official visit to Iraq, meant to bolster Tehran's influence and expand trade ties to help offset renewed U.S. sanctions.

China, Indonesia ground Boeing 737 MAX 8 fleets after Ethiopia crash

Mon, 03/11/2019 - 9:02am
China and Indonesia grounded their fleets of Boeing's 737 MAX 8 aircraft on Monday, and investigators recovered the black box from a crash that killed 157 people, the second disaster in less than five months involving the new model.

Global airlines' reaction to Ethiopian Airlines crash

Mon, 03/11/2019 - 9:01am
China and Indonesia have grounded Boeing 737 MAX 8 aircraft operated by their airlines in reaction to the fatal crash of a plane of the same type operated by Ethiopian Airlines on Sunday.

Malaysia frees Indonesian woman accused of Kim Jong Nam's poisoning

Mon, 03/11/2019 - 8:56am
An Indonesian woman accused in the 2017 chemical poison murder of the North Korean leader's half-brother was freed on Monday after a Malaysian court dropped the charge in a case that drew suspicions of being a political assassination.

Shares stabilize after worst week of year, Brexit stresses sterling

Mon, 03/11/2019 - 8:41am
Talk of more stimulus from China helped world share markets regain some ground on Monday after a slew of disappointing economic data and growth warnings from central banks triggered their worst weekly performance so far this year.

Dow drops at open as heavyweight Boeing slides after plane crash

Mon, 03/11/2019 - 8:37am
The Dow Jones Industrial index opened sharply lower on Monday after a fatal plane crash in Ethiopia caused a fall in the shares of Boeing Co and capped gains in the broader markets.

Mueller navigates dangerous currents in probing Trump-Russia nexus

Mon, 03/11/2019 - 8:36am
Robert Mueller brought an enviable reputation as the architect of the modern FBI and a force behind major criminal prosecutions to his job as special counsel investigating Russia's role in the 2016 U.S. election but has encountered a relentless campaign by President Donald Trump to discredit the probe.

Tesla backtracks on store closures, plans top-end price rise

Mon, 03/11/2019 - 8:33am
Electric carmaker Tesla Inc backed off its plan to close all of its U.S. stores in a blog post https://www.tesla.com/en_NZ/blog/update-tesla-stores-and-pricing?redirect=no and instead will raise prices of its high-end vehicles by about 3 percent on average, as it strives for profitability.

U.S. retail sales rise in January; December revised sharply lower

Mon, 03/11/2019 - 8:23am
U.S. retail sales unexpectedly rose in January, lifted by an increase in purchases of building materials and discretionary spending, but receipts in December were much weaker than initially thought.

Ethiopian Airlines plane trailed smoke, debris before crash: witnesses

Mon, 03/11/2019 - 8:18am
An Ethiopian Airlines plane that crashed on Sunday, killing all 157 people onboard, was trailing smoke and making a strange sound before it came down, two witnesses said.

Brexit crunch looms for PM May as EU talks stall

Mon, 03/11/2019 - 8:10am
British Prime Minister Theresa May's Brexit strategy was in meltdown on Monday after her failure to win last-minute concessions from the European Union set the stage for another humiliating defeat of her divorce deal in parliament.

UK Brexit minister to make statement to parliament on Monday

Mon, 03/11/2019 - 8:09am
British Brexit minister Stephen Barclay will make a statement to parliament on Monday, the day before the government plans to hold a so-called meaningful vote on her Brexit deal, a Twitter account by the opposition Labour Party said, without providing further details.

UK PM May could go to Strasbourg on Monday: BBC political editor

Mon, 03/11/2019 - 8:08am
British Prime Minister Theresa May could go to Strasbourg on Monday, but the trip has not been confirmed yet, according to the BBC political editor Laura Kuenssberg.

Barrick ends hostile bid for Newmont, signs Nevada joint venture

Mon, 03/11/2019 - 8:00am
Barrick Gold Corp withdrew its $18 billion bid for its biggest rival Newmont Mining Corp, ending a hostile and bitter takeover effort that sought to unite the world's two biggest gold producers.

With budget, Trump throws opening jab in next funding fight with Congress

Mon, 03/11/2019 - 7:34am
President Donald Trump on Monday will ask lawmakers to hike spending for the military and the wall he wants to build on the U.S.-Mexico border and slash other programs in his 2020 budget, the opening move in his next funding fight with Congress.

North Korean embassy defaced ahead of Kim Jong Nam trial

Mon, 03/11/2019 - 7:30am
The North Korean embassy in Kuala Lumpur was defaced with graffiti early on Monday, just hours before the trial of two women accused of murdering Kim Jong Nam, the half-brother of North Korean leader Kim Jong Un, was to resume, authorities said.

Global Aerospace is lead insurer for Boeing

Mon, 03/11/2019 - 7:15am
Britain's Global Aerospace is the lead insurer for the world's biggest plane maker Boeing Co, the insurer's top boss said on Monday.

Ethiopian Airlines flight crashes, killing 157

Sun, 03/10/2019 - 8:58pm
An Ethiopian Airlines passenger jet bound for Nairobi crashed minutes after take-off on Sunday, killing all 157 people on board and raising questions about the safety of the Boeing 737 MAX 8, a new model that also crashed in Indonesia in October.

China orders its airlines to suspend use of Boeing 737 Max aircraft: media

Sun, 03/10/2019 - 8:58pm
China's aviation regulator has ordered Chinese airlines to suspend their Boeing 737 Max aircraft, media outlet Caijing reported on Monday, following a deadly crash of a 737 MAX 8 operated by Ethiopian Airlines.

Asian shares decline as U.S. jobs data clouds global outlook

Sun, 03/10/2019 - 8:09pm
Asian shares pulled back on Monday after U.S. employment data raised doubts about the strength of the global economy while investor jitters ahead of crucial Brexit votes in the UK parliament this week weighed on the pound.

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