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Updated: 57 min 33 sec ago

Exclusive: Trump to call on Pentagon, diplomats to play bigger role on arms sales

Mon, 01/08/2018 - 6:44am
WASHINGTON (Reuters) - The Trump administration is nearing completion of a new "Buy American" plan that calls for U.S. military attaches and diplomats to help drum up billions of dollars more in business overseas for the American weapons industry, going beyond the assistance they currently provide, U.S. officials said.

U.S. offers drillers nearly all offshore waters, but focus is on eastern Gulf

Mon, 01/08/2018 - 6:16am
HOUSTON/WASHINGTON (Reuters) - President Donald Trump's administration has proposed opening up nearly all of America's offshore waters to oil and gas drilling, but the industry says it is mainly interested in one part of it, now cordoned off by the Pentagon: the eastern Gulf of Mexico.

In jab at hardliners, Rouhani says Iran protests were not only economic

Mon, 01/08/2018 - 4:09am
LONDON (Reuters) - Protests that shook Iran were not just aimed at the economy, President Hassan Rouhani said on Monday, remarks suggesting the real targets were powerful conservatives opposed to his plans to expand individual freedoms at home and promote detente abroad.

Rescue crews wrestle to tame China oil tanker fire; body of mariner found

Mon, 01/08/2018 - 3:19am
BEIJING/SEOUL (Reuters) - Rescue crews wrestled to bring a blaze on an Iranian oil tanker off China's east coast under control on Monday as fire raged for a second day following a collision with a grain ship, while the body of one of the 32 missing crew members was found on aboard.

'Three Billboards' wins big as Golden Globes power through sex scandal

Mon, 01/08/2018 - 12:20am
LOS ANGELES (Reuters) - Dark drama "Three Billboards Outside Ebbing, Missouri" was the big winner with four Golden Globes awards on Sunday on a night marked by scathing jokes about sexual harassment and passionate odes to those breaking their silence.

Rescue crews struggle to tame China oil tanker fire; crew still missing

Sun, 01/07/2018 - 11:16pm
BEIJING/SEOUL (Reuters) - Rescue crews scrambled to bring a blaze on an Iranian oil tanker off China's east coast under control on Monday as fire raged for a second day following a collision with a grain ship, while the U.S. Navy joined the search for 32 missing crew.

U.S. oilfield service firms dust off IPO plans as crude prices surge

Sun, 01/07/2018 - 11:04pm
HOUSTON (Reuters) - U.S. oilfield service companies are gearing up for initial public offerings, according to regulatory filings and analysts, after several shelved equity sales last year during a weak period for oil prices.

Black gowns, sex scandal jokes mark Golden Globe awards show

Sun, 01/07/2018 - 9:24pm
LOS ANGELES (Reuters) - Golden Globe host Seth Meyers on Sunday tackled head-on the sexual misconduct scandal that has roiled Hollywood, pulling no punches with a series of barbed jokes about powerful men and the women who are standing up to them.

Iranian oil tanker still ablaze as rescuers search for missing mariners

Sun, 01/07/2018 - 9:06pm
BEIJING/SEOUL (Reuters) - A tanker carrying Iranian oil that collided with a Chinese freight ship in the East China Sea on Saturday was still ablaze on Monday morning, a South Korean coast guard official said, as emergency rescue teams continued to search for the missing crew.

Asia stocks advance toward historic highs, U.S. earnings test

Sun, 01/07/2018 - 8:43pm
SYDNEY (Reuters) - Asian shares crept toward all-time peaks on Monday after Wall Street boasted its best start to a year in over a decade, with brisk economic growth and benign inflation proving a potent cocktail for risk appetite.

In possible boon for White House, Fed ready to lay low as tax plan kicks in

Sun, 01/07/2018 - 7:09pm
PHILADELPHIA (Reuters) - U.S. Federal Reserve policymakers have come to view Donald Trump's tax overhaul as a short-term economic boost that will neither permanently supercharge the economy, as the president says, or cause an immediate disruption that would require a central bank response, as some analysts have warned.

Flooding at JFK airport adds to misery after flight delays

Sun, 01/07/2018 - 3:29pm
NEW YORK (Reuters) - Flooding due to a water main break forced the suspension of international flight arrivals at New York's John F. Kennedy International Airport on Sunday, adding to the misery of travelers after a winter storm canceled or delayed hundreds of flights in recent days.

Pfizer ends research for new Alzheimer's, Parkinson's drugs

Sun, 01/07/2018 - 2:09pm
NEW YORK (Reuters) - Pfizer Inc is abandoning research to find new drugs aimed at treating Alzheimer's and Parkinson's disease, the U.S. pharmaceutical company announced on Saturday.

Trump tweet on nuclear button keeps North Korea's Kim 'on his toes': Haley

Sun, 01/07/2018 - 1:54pm
WASHINGTON (Reuters) - U.S. President Donald Trump's tweet about having a bigger nuclear button than Kim Jong Un's has kept the North Korean leader "on his toes" and made clear the risks of a nuclear standoff, U.S. Ambassador to the United Nations Nikki Haley said on Sunday.

CIA's Pompeo says Russia and others trying to undermine U.S. elections

Sun, 01/07/2018 - 1:15pm
WASHINGTON (Reuters) - The head of the Central Intelligence Agency said on Sunday that Russia and others are trying to undermine elections in the United States, the next major one being in November when Republicans will try to keep control of Congress.

Under fire, Bannon backs off explosive comments about Trump's son

Sun, 01/07/2018 - 12:00pm
WASHINGTON (Reuters) - President Donald Trump's former strategist Steve Bannon on Sunday sought to back away from derogatory comments ascribed to him about Trump's son in a controversial book that sparked White House outrage and could threaten his job.

Furious Trump aide assails book, calls president a 'genius'

Sun, 01/07/2018 - 11:10am
WASHINGTON (Reuters) - A senior aide to U.S. President Donald Trump on Sunday assailed a new book rattling the White House, called his boss a genius and launched an attack on news coverage before a TV anchor urged him to calm down and cut off their interview.

Cornered Merkel upbeat as seeks to revive grand coalition

Sun, 01/07/2018 - 11:06am
BERLIN (Reuters) - Chancellor Angela Merkel said on Sunday she was optimistic her conservatives and the Social Democrats (SPD) could cut a deal as they began five days of talks about reviving the 'grand coalition' that has governed Germany since 2013.

Iranian oil tanker burns, 32 missing after collision off China's coast

Sun, 01/07/2018 - 11:04am
BEIJING (Reuters) - A tanker carrying Iranian oil and run by the country's top oil shipping firm was ablaze and spewing cargo into the East China Sea on Sunday after colliding with a Chinese freight ship, leaving the tanker's 32 crew members missing, the Chinese government said.

Trump tweet on nuclear button keeps Kim Jong Un 'on his toes': Haley

Sun, 01/07/2018 - 10:54am
WASHINGTON (Reuters) - U.S. President Donald Trump's tweet about having a bigger nuclear button than North Korean leader Kim Jong Un's has kept Kim "on his toes" and makes clear the risks of a nuclear standoff, U.S. Ambassador to the United Nations Nikki Haley said on Sunday.