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Updated: 4 hours 58 min ago

U.S. arms makers praise new U.S. weapons export policy

Mon, 07/16/2018 - 2:59pm
U.S. arms makers attending the Farnborough Airshow in Britain on Monday lauded the U.S. government's push to sell more weapons overseas and said they expected European defense spending to increase in the coming years.

FCC raises concerns about Sinclair-Tribune deal, shares fall

Mon, 07/16/2018 - 2:24pm
Federal Communications Commission Chairman Ajit Pai questioned Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co , in a surprise decision that could potentially scuttle the deal and sent shares of both companies tumbling.

U.S. launches five WTO challenges to retaliatory tariffs

Mon, 07/16/2018 - 2:18pm
The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminum.

Top Senate Democrat urges sanctions, hearings after Trump-Putin summit

Mon, 07/16/2018 - 2:11pm
U.S. Senate Democratic Leader Chuck Schumer called for a bipartisan effort to "ratchet up" sanctions on Moscow following U.S. President Donald Trump's summit with Russian President Vladimir Putin in Helsinki earlier on Monday.

Tesla shares fall 3.5 percent after CEO Musk abuses British diver

Mon, 07/16/2018 - 2:09pm
Shares of Tesla Inc fell 3.5 percent on Monday after Chief Executive Elon Musk directed abuse on Twitter at one of the British cave divers involved in the rescue of 12 Thai children last week.

U.S. State Department in talks with Turkey to sell Patriot system

Mon, 07/16/2018 - 2:04pm
The U.S. State Department on Monday said it was working with NATO ally Turkey on the possible sale of a Raytheon Co Patriot missile defense system to avert its purchase of a Russian-made S-400 system.

After Helsinki, U.S. intel chief defends findings on Russian meddling

Mon, 07/16/2018 - 1:55pm
The U.S. intelligence community has been clear about the threat posed by Russian political interference and will continue "to provide unvarnished and objective intelligence" assessments, the Director of National Intelligence said on Monday.

Goldman to formally name David Solomon next CEO early this week - NYT

Mon, 07/16/2018 - 4:34am
Goldman Sachs Group Inc is expected to name its president, David Solomon, its next chief executive officer early this week, the New York Times reported https://www.nytimes.com/2018/07/15/business/goldman-sachs-david-solomon-lloyd-blankfein.html on Sunday.

UK parliament vote to reveal extent of anger over May's Brexit plan

Mon, 07/16/2018 - 4:18am
British Prime Minister Theresa May will face the anger of Brexit supporters in her party on Monday when they try to force her to change course on her strategy for leaving the European Union.

Stocks rise as earning expectations beat China growth fears

Mon, 07/16/2018 - 4:00am
European stock markets inched higher on Monday as expectations for a flurry of bumper corporate earnings and merger speculation outweighed fears about the escalating trade conflict between Beijing and Washington.

Hong Kong's bourse brushes off Chinese snub over dual-class shares

Mon, 07/16/2018 - 4:00am
Hong Kong's exchange described as "temporary" a dispute with its Shanghai and Shenzhen counterparts over plans to bar investor access to dual-class shares, as shares in smartphone maker Xiaomi Corp recovered from the depths of its 10-percent slide on Monday.

Trump blames Washington for poor Russia ties ahead of Putin summit

Mon, 07/16/2018 - 3:48am
Hours before he was due to sit down for his first ever summit with Vladimir Putin, U.S. President Donald Trump blamed "U.S. foolishness" for bad relations between Washington and Moscow, while the Kremlin said it expected a tough meeting.

Turkey says reports of Kurdish militia withdrawal from Manbij 'exaggerated'

Mon, 07/16/2018 - 3:46am
Reports that Syrian Kurdish YPG fighters have completely left Syria's Manbij region are exaggerated, as their withdrawal is still underway, a source at Turkey's foreign ministry said on Monday.

U.S., North Korea to resume search for remains from Korean War

Mon, 07/16/2018 - 2:54am
U.S. Secretary of State Mike Pompeo said that talks on Sunday between U.S. and North Korean officials to discuss the return of remains of U.S. service members killed in the 1950-53 Korean War "resulted in firm commitments" and that there would be a follow-up meeting on Monday.

Former UK minister calls for second vote on Brexit to end stalemate

Mon, 07/16/2018 - 1:56am
A former senior British minister called on Monday for a second referendum to solve a parliamentary stalemate on Brexit, saying Prime Minister Theresa May's proposals for new ties with the European Union were a fudge that satisfied no one.

Trump says U.S.-Russia ties have 'never been worse'

Mon, 07/16/2018 - 1:20am
U.S. President Donald Trump said on Twitter on Monday that U.S.-Russian ties have never been worse.

Trump says Obama did nothing about Russian election meddling

Mon, 07/16/2018 - 1:01am
U.S. President Donald Trump said in a Twitter post on Monday his predecessor, Barack Obama, paid little attention to FBI allegations of Russian election meddling and they were only taken seriously after he was elected.

Trump says NATO summit was 'truly great'

Mon, 07/16/2018 - 12:39am
U.S. President Donald Trump said in a Twitter post on Monday the NATO summit he attended last week had been a success and was inaccurately reported by much of the media.

Kremlin takes Trump to task over his gas pipeline comments: RIA

Mon, 07/16/2018 - 12:18am
U.S. President Donald Trump's criticism of Russia's Nord Stream-2 gas pipeline to Europe is an egregious example of unscrupulous competition and it worries Moscow, Kremlin spokesman Dmitry Peskov was quoted as saying on Monday.

Jailed Reuters journalists to testify in Myanmar court

Sun, 07/15/2018 - 11:56pm
Two jailed Reuters reporters on trial in Myanmar accused of obtaining secret state documents will testify in court from Monday, in a case that is seen as a test of press freedom in the fledgling democracy.

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