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Updated: 44 min 48 sec ago

Canada's First Nations seek bigger stakes, profits from oil sector

Fri, 03/02/2018 - 1:02am
CALGARY, Alberta (Reuters) - Canada's First Nations are boosting investments and leveraging their clout with regulators to gain stakes in oil and gas projects as they seek greater returns on energy produced or transported across their territory.

As China's Xi gains power, parliament prepares to bolster risk battle

Fri, 03/02/2018 - 12:58am
BEIJING (Reuters) - China's annual parliament gathering kicks off on Monday as an ever-stronger President Xi Jinping presses ahead with efforts to ward off financial risks without undermining the economy.

Asia fears trade war after Trump plans hefty steel, aluminum tariffs

Thu, 03/01/2018 - 10:04pm
SEOUL/SYDNEY (Reuters) - U.S. President Donald Trump's planned tariffs on steel and aluminum will distort global trade and cost jobs, Australia's trade minister said on Friday, highlighting the risk of retaliatory measures as Asian exporters sought more detail on the plans.

South Korea's Moon tells Trump of plan to send envoy to North Korea

Thu, 03/01/2018 - 9:38pm
SEOUL (Reuters) - South Korea plans to send a special envoy to North Korea in response to an invitation from leader Kim Jong Un, South Korean President Moon Jae-in told his U.S. counterpart Donald Trump in a phone call on Thursday.

Female-led investor group to buy Weinstein Co assets

Thu, 03/01/2018 - 9:28pm
(Reuters) - A former Obama administration official on Thursday reached a deal to purchase assets of The Weinstein Company and said she will use a majority-female board to rebuild the Hollywood studio tarnished by sexual misconduct allegations.

China warns Taiwan playing with fire over U.S. bill

Thu, 03/01/2018 - 9:24pm
BEIJING/TAIPEI (Reuters) - China warned Taiwan on Friday it would only get burnt if it sought to rely on foreigners, adding to warnings from state media the country could go to war over Taiwan if the United States passes into law a bill promoting closer U.S. ties.

Transparency? Check. Results? Stay tuned. Trump TV rocks DC

Thu, 03/01/2018 - 8:39pm
WASHINGTON (Reuters) - In a case of reality TV meets Washington, President Donald Trump is bringing television cameras into normally private White House talks with lawmakers that feature sharp debates and, seemingly, policy-making on the fly.

Philippines' Duterte tells police, soldiers not to cooperate in any drug war probe

Thu, 03/01/2018 - 7:47pm
MANILA (Reuters) - Philippines President Rodrigo Duterte has ordered police and soldiers not to cooperate in any investigation into his bloody war on drugs, amid international calls for an external probe.

Trump to impose steep tariffs on steel, aluminum; stokes trade war fears

Thu, 03/01/2018 - 7:33pm
WASHINGTON (Reuters) - President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighboring Canada.

China media makes war threat over U.S. Taiwan bill

Thu, 03/01/2018 - 6:52pm
BEIJING (Reuters) - Chinese state media threatened on Friday that the country could go to war over Taiwan if the United States passes into law a bill promoting closer U.S. ties with the self-ruled island that China claims as its own.

Weinstein Co reaches deal with group promising female leadership

Thu, 03/01/2018 - 6:36pm
(Reuters) - The Weinstein Co on Thursday reached a deal to sell assets to a group led by a former Obama administration official who plans to use a majority-female board to rebuild the Hollywood studio tarnished by sexual misconduct allegations.

Trump pushes Big Corn and Oil to break biofuels deadlock

Thu, 03/01/2018 - 6:09pm
NEW YORK (Reuters) - U.S. President Donald Trump urged representatives from the rival oil and corn industries on Thursday to break a deadlock in talks over the future of the nation’s biofuels policy by accepting a deal involving reforms sought by both sides.

Trump urges lawsuit against opioid companies, tougher sentences for dealers

Thu, 03/01/2018 - 5:05pm
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday called for a federal lawsuit against opioid companies and stiffer penalties for drug dealers, arguing that the government must take a strong approach to combat an opioid addiction epidemic.

Trump to impose steep tariffs on steel, aluminum, stoking trade war talk

Thu, 03/01/2018 - 4:36pm
WASHINGTON (Reuters) - President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighboring Canada as well as helping to trigger a large selloff on Wall Street.    

Microchip Technology to buy Microsemi for about $8.35 billion

Thu, 03/01/2018 - 3:47pm
(Reuters) - Microchip Technology said on Thursday it had agreed to buy Microsemi Corp, the largest U.S. commercial supplier of military and aerospace semiconductor equipment, for about $8.35 billion.

Russians used social media to stir divisions on U.S. energy policy: lawmakers

Thu, 03/01/2018 - 3:46pm
WASHINGTON (Reuters) - Russian operatives attempting to discourage U.S. energy production posted thousands of messages on social media supporting environmental activists in their campaign to limit oil and gas projects, a report by Republican lawmakers said on Thursday.

Trump says he has spoken with Sessions about suing opioid companies

Thu, 03/01/2018 - 2:57pm
WASHINGTON (Reuters) - U.S. President Donald Trump said on Thursday that he had spoken with U.S. Attorney General Jeff Sessions about bringing a lawsuit against companies involved in the opioid business.

Tillerson to make first trip to Africa as top U.S. diplomat

Thu, 03/01/2018 - 2:54pm
WASHINGTON (Reuters) - U.S. Secretary of State Rex Tillerson will travel to Chad, Djibouti, Ethiopia, Kenya and Nigeria next week on his first trip to Africa as the top U.S. diplomat, the U.S. State Department said on Thursday.

U.S. ambassador to Mexico to resign amid tense bilateral relations

Thu, 03/01/2018 - 2:47pm
MEXICO CITY (Reuters) - U.S. Ambassador to Mexico Roberta Jacobson will step down from the job in May, she said on Thursday, joining a growing list of senior State Department officials to resign from the agency during the presidency of Donald Trump.

Exclusive: Pimco economist Clarida seen as front-runner for Fed deputy job

Thu, 03/01/2018 - 2:23pm
NEW YORK (Reuters) - Richard Clarida, an economist at fund manager Pimco, has emerged as a front-runner to become the Federal Reserve's next vice chair, according to two people familiar with the effort to fill the depleted upper ranks of the U.S. central bank.

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