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Updated: 1 hour 42 min ago

Stocks stay strong as Europe shrugs off Samsung warning

Tue, 01/08/2019 - 6:27am
A solid shift from Europe and high Wall Street futures kept world stocks at a three-week high on Tuesday, after Asia was knocked back by a shock profit warning from tech giant Samsung and a tick-up in borrowing costs.

Monsanto patent victory seen spurring biotech investment in India

Tue, 01/08/2019 - 6:18am
India's Supreme Court ruled on Tuesday that Monsanto can claim patents on its genetically modified (GM) cotton seeds, a victory for the U.S. company that is expected to encourage biotechnology firms to step up investment in the country.

Seeking support for a wall, Trump plans prime-time speech, border visit

Tue, 01/08/2019 - 6:14am
Aiming to bolster his case for a wall along the U.S. border with Mexico, President Donald Trump said on Monday he would make a prime-time televised address and visit the border this week as the government marked its 17th day of a partial shutdown.

'We are down, but not out': Sears gets feisty on social media

Tue, 01/08/2019 - 6:09am
The clock may be fast running out on Sears Holdings Corp, but you wouldn't know it from the company's feisty posts on Twitter.

Nissan's Ghosn claims innocence in first appearance since November arrest

Tue, 01/08/2019 - 5:20am
Ousted Nissan Chairman Carlos Ghosn declared his innocence in his first public appearance since his November arrest, telling a Tokyo court on Tuesday that he had been wrongly accused of financial misconduct.

Profit-hungry tiger breeders behind push to lift China’s trading ban

Tue, 01/08/2019 - 4:41am
At the Siberia Tiger Park in the frigid Chinese city of Harbin, visitors can learn about the facility's successful breeding programme and buy chicken carcasses to toss to around 20 tigers pacing the snow flecked ground of their enclosure.

UK, European officials discussing possible Brexit delay: Telegraph

Tue, 01/08/2019 - 4:39am
British and European officials are discussing the possibility of extending the formal exit process from the European Union amid fears a Brexit deal will not be approved by March 29, The Daily Telegraph reported, citing unidentified sources.

Father of Saudi teen asylum seeker in Thailand, seeks meeting

Tue, 01/08/2019 - 4:06am
The father of an 18-year-old Saudi woman asylum seeker who fled to Thailand saying she feared her family would kill her, has arrived in Bangkok and wants to meet his daughter, Thailand's immigration chief said on Tuesday.

More U.S. regions see job openings outnumbering jobless

Tue, 01/08/2019 - 3:57am
Job openings are outnumbering unemployed workers across increasingly wide swaths of the United States, forcing businesses to rethink how they find workers, which could keep pressure on the Federal Reserve to raise interest rates despite a global economic slowdown.

Seeking support for a wall, Trump plans address and border visit

Mon, 01/07/2019 - 7:13pm
Aiming to bolster his case for a wall along the U.S. border with Mexico, President Donald Trump said on Monday he would make a televised address and visit the border this week as the government marked its 17th day of a partial shutdown.

Samsung Electronics flags first profit drop in two years on weak chip demand

Mon, 01/07/2019 - 7:13pm
South Korea's Samsung Electronics Co Ltd on Tuesday estimated a 29 percent drop in quarterly operating profit, its first decline in two years, as it flagged tough memory chip and mobile phone markets in a rare commentary.

North Korea leader visits China after warning of alternate path to U.S. talks

Mon, 01/07/2019 - 7:05pm
North Korean leader Kim Jong Un is visiting China at the invitation of Chinese President Xi Jinping, only days after warning he may take an alternative path if the United States does not ease sanctions and pressure on his isolated country.

Asian shares extend rebound on hopes for trade deal, cautious Fed

Mon, 01/07/2019 - 6:51pm
Asian shares rose for the third straight session on Tuesday as investors bet that Washington and Beijing are inching toward a trade deal and that U.S. Federal Reserve would halt its tightening if economic growth slows further.

California's new governor takes aim at Trump as he takes office

Mon, 01/07/2019 - 6:49pm
Democrat Gavin Newsom was sworn in as California’s 40th governor on Monday, and immediately girded for battle with President Donald Trump while flying the banner of his party's progressive wing.

New California governor tackles drug prices in first act

Mon, 01/07/2019 - 6:35pm
Hours into his new job, California Governor Gavin Newsom signed an executive order on Monday that could dramatically reshape the way prescription drugs are paid for and acquired in the most populous U.S. state.

Politicians cannot block social media foes: U.S. appeals court

Mon, 01/07/2019 - 6:12pm
A federal appeals court said on Monday a Virginia politician violated the Constitution by temporarily blocking a critic from her Facebook page, a decision that could affect President Donald Trump's appeal from a similar ruling in New York.

North Korean leader Kim visiting China January 7-10 with wife, top officials: KCNA

Mon, 01/07/2019 - 6:03pm
North Korean leader Kim Jong Un is visiting China between January 7-10, North Korean state media said on Tuesday.

Tennessee governor grants clemency to woman championed by Kim Kardashian

Mon, 01/07/2019 - 5:35pm
Tennessee's governor on Monday commuted the life sentence of a woman convicted as a teenager of murdering a man who paid to have sex with her, after Kim Kardashian and other celebrities took up her cause.

Alabama attorney general asks feds to investigate 2017 election

Mon, 01/07/2019 - 5:29pm
Alabama's attorney general asked federal elections officials on Monday to investigate allegations that the 2017 U.S. Senate election that Republican Roy Moore lost to Democrat Doug Jones was tainted by use of a misleading social media campaign.

U.S., China can reach trade deal 'we can live with': U.S. Commerce secretary

Mon, 01/07/2019 - 4:55pm
U.S. Commerce Secretary Wilbur Ross predicted on Monday that Beijing and Washington could reach a trade deal that "we can live with" as dozens of officials from the world's two largest economies resumed talks in a bid to end their trade dispute.