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Updated: 3 hours 10 min ago

Top Huawei executive arrested on U.S. request, clouding China trade truce

Thu, 12/06/2018 - 5:37am
The daughter of Huawei's founder, a top executive at the Chinese technology giant, was arrested in Canada and faces extradition to the United States, roiling global stock markets as it threatened to inflame Sino-U.S. trade tensions afresh.

Arrest of Huawei 'heiress' throws rare spotlight on family

Thu, 12/06/2018 - 5:37am
Like many top Chinese executives, Meng Wanzhou is a mysterious figure even in her home country, but the 46-year-old chief financial officer of Huawei Technologies had been widely tipped to one day take the helm of the tech giant her father founded.

UK PM May talking to ministers and lawmakers ahead vote on Brexit deal: spokeswoman

Thu, 12/06/2018 - 5:36am
British Prime Minister Theresa May is talking to ministers and lawmakers ahead of a crucial vote in parliament on her Brexit deal on Dec. 11, her spokeswoman said.

Explainer: Who is China's Huawei Technologies and why is it controversial?

Thu, 12/06/2018 - 5:35am
The arrest in Canada of Meng Wanzhou, a top executive at China's Huawei Technologies Co Ltd and daughter of the founder and CEO, jolted the global business community on Thursday and raised fears that a truce in the U.S.-China trade war could come to a swift end.

Oil's sharp price drop fuels questions for stock market

Thu, 12/06/2018 - 5:25am
U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end.

Exclusive: In Malta, a private accountant’s government job sparks controversy

Thu, 12/06/2018 - 5:17am
A private accountant who set up offshore companies for two senior political figures in Malta was given a government consultancy in recent years worth nearly 60,000 euros per year, documents obtained by Reuters show.

UK parliament vote on Brexit deal will go ahead on Dec. 11 - House of Commons leader

Thu, 12/06/2018 - 5:12am
The British parliament's vote on Prime Minister Theresa May's Brexit deal will go ahead as planned on Dec. 11, the leader of the House of Commons, Andrea Leadsom, said on Thursday.

Facebook CEO backed sharing customer data despite second thoughts: documents

Thu, 12/06/2018 - 5:10am
Facebook Chief Executive Mark Zuckerberg questioned the business case for giving millions of outside software developers wide access to customer data before endorsing the practice in 2012, according to internal emails published on Wednesday.

Wells Fargo reform plans fail to satisfy Fed after scandals: sources

Thu, 12/06/2018 - 5:10am
The Federal Reserve has rejected Wells Fargo & Co's plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions.

Former President George H.W. Bush to be remembered at Houston funeral

Thu, 12/06/2018 - 5:04am
Former U.S. President George H.W. Bush will be mourned on Thursday at the Houston church where he worshipped for many years, a final public farewell before his remains are taken by train to their resting place at his Texas presidential library.

'We can't go anywhere': Myanmar closes Rohingya camps but 'entrenches segregation'

Wed, 12/05/2018 - 6:42pm
As the world was focused on abortive efforts to begin repatriating hundreds of thousands of Rohingya refugees from Bangladesh to Myanmar last month, hundreds of their fellow Muslims still in Myanmar were boarding boats seeking to escape the country.

Six missing after U.S. military aircraft crash off Japan

Wed, 12/05/2018 - 6:26pm
Six U.S. Marines were missing following a still-unexplained mishap off the coast of Japan on Thursday involving two U.S. Marine Corps aircraft, which may have collided mid-air during a refueling exercise gone wrong, U.S. officials said.

House Democrats plan to send Trump aides' transcripts to Mueller

Wed, 12/05/2018 - 6:25pm
Democrats taking control of the U.S. House of Representatives in January plan to send Special Counsel Robert Mueller the transcripts of testimony by some of President Donald Trump's closest associates so they can be reviewed for evidence and possible falsehoods, said three sources familiar with the matter.

Facebook gave data on user's friends to certain companies: documents

Wed, 12/05/2018 - 6:16pm
Facebook Inc let some companies, including Netflix and Airbnb, access users' lists of friends after it cut off that data for most other apps around 2015, according to documents released on Wednesday by a British lawmaker investigating fake news and social media.

May's Brexit deal under fire as legal advice stiffens opposition

Wed, 12/05/2018 - 5:21pm
Prime Minister Theresa May's Brexit deal came under fire from allies and opponents alike on Wednesday after the government was forced to publish legal advice showing the United Kingdom could be locked indefinitely in the European Union's orbit.

Day of mourning in Kosovo for Bush, seen as hero for 1992 letter

Wed, 12/05/2018 - 4:44pm
Flags flew at half staff across Kosovo on Wednesday in honor of former U.S. President George H. W. Bush, who is seen as a figure of national importance in their country for having written a letter threatening Serbia if it attacked.

USA Gymnastics, reeling from abuse claims, files for bankruptcy

Wed, 12/05/2018 - 4:40pm
USA Gymnastics, the sport's governing body, filed for bankruptcy on Wednesday, saying that it is staggering under the weight of lawsuits filed by hundreds of women who were sexually abused by former national team doctor Larry Nassar.

Plane carrying remains of former President Bush lands in Houston

Wed, 12/05/2018 - 4:30pm
A plane carrying the body of former U.S. President George H.W. Bush touched down in Houston on Wednesday following a state funeral in Washington where he was remembered as a statesman of uncommon personal kindness.

Exclusive: Blackstone plans IPO of U.S. benefits manager Alight - sources

Wed, 12/05/2018 - 4:20pm
Private equity firm Blackstone Group LP is readying an initial public offering (IPO) of Alight Solutions LLC, a U.S. provider of healthcare and retirement benefits services that could be valued at more than $7 billion, including debt, according to people familiar with the matter.

Factbox: Britain's Brexit vote - How many lawmakers are backing PM May?

Wed, 12/05/2018 - 4:17pm
Britain's parliament is debating whether to support Prime Minister Theresa May's Brexit deal, a decision which will define Britain's departure from the European Union and could determine her own future as leader.