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Updated: 10 hours 31 min ago

Buybacks to top use of S&P 500 companies' cash in 2019: Goldman Sachs

Fri, 10/05/2018 - 2:04pm
S&P 500 companies will increase cash spending by 13 percent to $3 trillion in 2019, with buybacks again expected to represent their largest use of cash, according to Goldman Sachs.

France raises questions over disappearance of Interpol chief

Fri, 10/05/2018 - 1:54pm
France is puzzled by the disappearance of Interpol president Meng Hongwei, reported missing after traveling from the country to his native China, and is concerned about threats received by his wife, the Interior Ministry said on Friday.

Russia's major state banks see forex outflow amid sanctions threats

Fri, 10/05/2018 - 1:20pm
Russia's largest lenders, state-owned Sberbank and VTB , saw outflows of foreign currency deposits in August amid a rouble depreciation and concerns about new U.S. sanctions, according to an analysis of central bank data.

Congolese doctor, Yazidi activist, champions in fight against rape in war, win Nobel Peace Prize

Fri, 10/05/2018 - 1:15pm
Denis Mukwege, a doctor who helps victims of sexual violence in the Democratic Republic of Congo, and Nadia Murad, a Yazidi rights activist and survivor of sexual slavery by Islamic State, won the 2018 Nobel Peace Prize on Friday.

A decade of U.S. economic sluggishness may have just snapped back to normal

Fri, 10/05/2018 - 12:06pm
For a solid decade after the collapse of Lehman Brothers touched off a global financial crisis, there was good reason to think the U.S. economy remained broken, from skepticism about the health of the labor market to tepid economic growth and the moribund rate of interest paid on U.S. Treasury bonds.

U.S. job growth cools; unemployment rate drops to 3.7 percent

Fri, 10/05/2018 - 11:20am
U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls, but the unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions.

Red October rumbles on ahead of U.S. jobs data

Fri, 10/05/2018 - 6:26am
World markets steadied ahead of U.S. jobs numbers on Friday, as a four-year high in oil prices and the biggest weekly jump in Treasury yields since February left investors wondering where to go next.

A disciple of Brazil's dictatorship moves closer to the presidency

Fri, 10/05/2018 - 6:23am
In 1993, Congressman Jair Bolsonaro strode to a podium in Brazil's lower house and delivered a speech that shook its young democracy: He declared his love for the country's not-so-distant military regime and demanded the legislature be disbanded.

In Macau, Portuguese elites feel squeezed out by Chinese influence

Fri, 10/05/2018 - 6:10am
Nearly 20 years have passed since Portugal handed Macau over to China, and although colonial culture still infuses parts of daily life, the influence of the territory's Portuguese elite is declining rapidly as the special administrative region becomes increasingly closer to mainland China.

French investigate wherabouts of Interpol chief after wife reports him missing

Fri, 10/05/2018 - 6:07am
French police have opened an investigation into the whereabouts of the president of international police cooperation agency Interpol, after his wife reported he had gone missing after traveling home to his native China last week.

Congolese doctor, Yazidi activist win Nobel Peace Prize for combating sexual violence

Fri, 10/05/2018 - 6:05am
Denis Mukwege, a doctor who helps victims of sexual violence in the Democratic Republic of Congo, and Nadia Murad, a Yazidi rights activist and survivor of sexual slavery by Islamic State, won the 2018 Nobel Peace Prize on Friday.

Era of bank secrecy ends as Swiss start sharing account data

Fri, 10/05/2018 - 5:57am
The era of mystery-cloaked numbered Swiss bank accounts has officially come to a close as Switzerland, the world's biggest center for managing offshore wealth, began automatically sharing client data with tax authorities in dozens of other countries.

Republicans aim to confirm Kavanaugh on weekend; protesters arrested

Fri, 10/05/2018 - 5:36am
President Donald Trump's fellow Republicans gained confidence on Thursday that his U.S. Supreme Court nominee, Brett Kavanaugh, could win Senate confirmation after two wavering lawmakers responded positively to an FBI report on accusations of sexual misconduct against the judge.

Five senators hold keys to Kavanaugh's Supreme Court bid

Fri, 10/05/2018 - 5:36am
President Donald Trump's nomination of conservative federal appeals court Judge Brett Kavanaugh to the U.S. Supreme Court is likely to hinge on the votes of a handful of senators: three Republicans and two Democrats.

Kavanaugh says he might have been 'too emotional' in testimony: WSJ

Fri, 10/05/2018 - 5:35am
U.S. Supreme Court nominee Brett Kavanaugh said in Wall Street Journal op-ed on Thursday that he "might have been too emotional at times" in his Senate testimony last week in which he denied accusations of sexual misconduct.

Senate plans procedural vote on Kavanaugh in bitter confirmation fight

Fri, 10/05/2018 - 5:31am
President Donald Trump's drive to cement the conservative grip on the top U.S. court faces a major test on Friday as the Senate holds a key procedural vote on Brett Kavanaugh, whose Supreme Court nomination has set off a political brawl.

Special Report: The Trump trap - Republicans duck president in key House races

Fri, 10/05/2018 - 5:08am
Leonard Lance is a Republican congressman seeking re-election in a Republican district. But he has little to say about the Republican president.

Nobel Peace Prize award to Congolese Mukwege, Iraq's Murad

Fri, 10/05/2018 - 5:00am
Following is the text of the Nobel Peace Prize award for 2018 on Friday to Denis Mukwege and Nadia Murad:

Bodies of mother clutching baby found as Indonesia quake toll rises above 1,500

Fri, 10/05/2018 - 4:56am
A week after a major earthquake brought devastation to Indonesia's Sulawesi island, Ichsan Hidayat told how the bodies of his sister and her 43-day-old daughter were found under a sea of mud and debris, the mother clutching her baby to her chest.

Danske shares plummet to four-year lows after mirror trade report

Fri, 10/05/2018 - 4:51am
Shares in Danske Bank plummeted on Friday to their lowest in four years after a media report the bank executed up to 8.5 billion euros of mirror trades for Russian customers in 2013, and a downgrade by Credit Suisse.