WWE Raw comes to Netflix from 2025 in huge deal

The flagship wrestling show will be exclusively available on the streaming service from 2025. More »

Spanish Grand Prix to move from Barcelona to Madrid in 2026 – BBC Sport

Madrid will replace Barcelona as host of the Formula 1 Spanish Grand Prix from 2026. More »

How the fentanyl crisis’ fourth wave has hit every corner of the US

The epidemic's staggering scale and infiltration of communities is laid bare in a new study. More »

Scientists discover how brain cells die in Alzheimer’s

The findings, which had been a mystery for decades, give new ideas for treating the disease. More »

What do we know about drone attacks in Russia?

There have been drone attacks on six regions in Russia, the most widespread in a single day in 2023. More »

We can avoid flight chaos in future, says air traffic boss

A data glitch that led to serious disruption has been found and fixed, says the head of Nats. More »

Canada warns LGBT travellers of US risks

The Canadian government warns that some US states have enacted laws that may affect LBGT people. More »

Burger King faces legal claim over size of Whopper

The fast food giant is accused of making the burger appear larger on menus than it actually is. More »

Chevron: Workers at major Australia gas facilities to strike

Industrial action at two plants raises concerns that energy prices could rise in Europe. More »

‘The Reports on Sarah and Saleem’ Wins Best Picture in Durban

LOS ANGELES (Variety.com)-DURBAN – “The Reports on Sarah and Saleem,” directed by Muayad Alayan, scooped best picture at the 39th Durban Intl. Film Festival, which wrapped Saturday night with an award ceremony at the Suncoast Cine Center complex. The film tell... More »

Iowa farmers wary of aid, trade wars but still turn out for Trump

DUBUQUE, Iowa (Reuters) – Iowa farmers criticized President Donald Trump’s $12 billion farm aid package and worried about trade wars impacting their business, but many still turned out to support him on Thursday during a visit to the top corn-producing state. ... More »

Box Office: ‘Mission Impossible — Fallout’ rocketing to $59…

LOS ANGELES (Variety.com) – Tom Cruise’s latest, “Mission: Impossible — Fallout,” is on its way to a No. 1 debut at the North American box office with an estimated $59 million. Should predictions hold, Paramount’s sixth installment of the franchise will finish... More »

Some banks in Finland face card payment problems

HELSINKI (Reuters) – Clients at some banks in Finland have faced problems with the use of their payment cards on Sunday, payment firm Nets said. “The problems affected card transactions and online banking at some banks in Finland. It was related to a network i... More »

Polish avant-garde jazz trumpeter Tomasz Stanko dies at 76

WARSAW (Reuters) – Tomasz Stanko, a Polish trumpeter, composer and prominent figure in avant-garde and free jazz for decades, died on Sunday at the age of 76, the Polish Jazz Association said. Born in Rzeszow in southern Poland in 1942, Stanko made his debut i... More »

The Beat Goes On: Life Lessons with music producer Andre Harrell

NEW YORK (Reuters) – In any history of hip-hop, one name keeps popping up over and over again: Andre Harrell. From working alongside Def Jam co-founder Russell Simmons to founding his own label Uptown Records, Bronx-born Harrell seems to be everywhere at once ... More »

Tech firms should be made liable for ‘fake news’ on sites: UK…

LONDON (Reuters) – Tech firms like Facebook (FB.O) should be made liable for “harmful and misleading” material on their websites and pay a levy so they can be regulated, British lawmakers said, warning of a crisis in democracy due to misuse of personal data. F... More »

U.S. says farmers could get cash aid by October but will not be…

BUENOS AIRES (Reuters) – U.S. farmers could receive cash payments from a planned $12 billion aid package as soon as late September, U.S. Agriculture Secretary Sonny Perdue told Reuters on Saturday, warning that the program will not make tariff-hit farmers whol... More »

Blood Moon dazzles star gazers in longest lunar eclipse of 21st…

NAIROBI (Reuters) – A blood-red moon dazzled star gazers across much of the world on Friday when it moved into Earth’s shadow for the longest lunar eclipse of the 21st Century. From the Cape of Good Hope to the Middle East, and from the Kremlin to Sydney Harbo... More »

Witness list for trial of Trump’s former campaign chief released

WASHINGTON (Reuters) – U.S. Special Counsel Robert Mueller on Friday submitted a list of 35 potential witnesses for the trial of President Donald Trump’s former campaign chairman Paul Manafort due to begin next week in Virginia, including bankers and accountan... More »

Trump seeks to revive ‘Arab NATO’ to confront Iran

WASHINGTON (Reuters) – The Trump administration is quietly pushing ahead with a bid to create a new security and political alliance with six Gulf Arab states, Egypt and Jordan, in part to counter Iran’s expansion in the region, according to U.S. and Arab offic... More »

Blackhawks G Crawford hopes to be ready for camp

Chicago Blackhawks goalie Corey Crawford still isn’t saying exactly where it hurts, but he did say there’s a “really good chance” that he’ll be ready for training camp in September. Crawford’s season ended Dec. 23, when he suffered an upper-body injury. In tha... More »

Pence meets with Ethiopian prime minister, applauds reforms

WASHINGTON (Reuters) – U.S. Vice President Mike Pence met with Ethiopian Prime Minister Abiy Ahmed on Friday and praised “the historic reform efforts” undertaken by Abiy since assuming power in April, the White House said in a statement. Pence noted Abiy’s eff... More »

YouTube plans original programing in India, Japan and other markets

BEVERLY HILLS, Calif. (Reuters) – Alphabet Inc’s YouTube is creating scripted series and other original programing for international markets including France, Germany, Japan, Mexico and India to try to draw new customers to its paid subscription service, a sen... More »

Facebook suspends U.S. conspiracy theorist Alex Jones

(Reuters) – U.S. conspiracy theorist Alex Jones has been suspended from Facebook for bullying and hate speech and is close to having pages tied to him and his Infowars website removed from the platform, the social media network said on Friday. The radio host’s... More »

Trump denies knowing of 2016 Trump Tower meeting with Russians

WASHINGTON (Reuters) – U.S. President Donald Trump on Friday denied knowing about the 2016 meeting his son Donald Trump Jr. and other campaign staff held at Trump Tower with a group of Russians who offered damaging information about Democratic rival Hillary Cl... More »

Putin says Trump can ‘be my guest’ in Moscow, White House welcomes…

WASHINGTON/JOHANNESBURG (Reuters) – Russian President Vladimir Putin said on Friday he wanted U.S. President Donald Trump to be his guest in Moscow, an idea that the White House welcomed despite lingering criticism over the Helsinki summit. The Russian leader ... More »

Facebook is sued after stock plunge ‘shocked’ market

NEW YORK (Reuters) – Facebook Inc (FB.O) and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over a disappointing earnings announcement by the social media company that wiped out about $120 billion of shareho... More »

Next ‘Star Wars’ to use old footage of late Carrie Fisher

LOS ANGELES (Reuters) – Carrie Fisher will be featured in the next “Star Wars” movie, using previously unseen footage she recorded before her death, Walt Disney Co. studio said on Friday. Actor Mark Hamill, whose Luke Skywalker character appeared to die in las... More »

Trump administration working on consumer data privacy policy

WASHINGTON (Reuters) – The Trump administration is working to develop consumer data privacy policies, and the Commerce Department is meeting with big companies like Facebook Inc, Comcast Corp and Alphabet Inc as it looks to eventually seeing the policies enshr... More »

Shingrix vaccine makes shingles less severe, disruptive to quality…

(Reuters Health) – The vaccine Shingrix prevents shingles, and if people do contract the virus, it reduces the severity of illness, two company-funded study suggests. Shingles, also known as herpes zoster, typically develops in older adults who had chicken pox... More »

Teen drivers take more risks after trading learner permits for…

(Reuters Health) – Adolescents may be cautious while they’re learning to drive, but a new study suggests they get downright dangerous once their license allows them to hit the road without a grownup in the car. Teen drivers have long been synonymous with risky... More »

BlackRock’s Rieder halved fund’s emerging market exposure

NEW YORK (Reuters) – Top BlackRock Inc (BLK.N) bond investor Rick Rieder halved exposure in recent months to a once-major bet in his portfolios on emerging markets on concerns including that the dollar could move higher, he told Reuters on Friday. “I still wou... More »

Sanctions blamed as Silicon Valley firms won’t ship some kit to Russia

MOSCOW (Reuters) – Two Silicon Valley firms have stopped shipping some electronic components to Russian customers even though they are not on the list of firms subject to U.S. sanctions, according to sources who work in the sector and a document seen by Reuter... More »

Loan market shrugs off prison financing protests

NEW YORK (LPC) – The U.S. leveraged loan market appeared to shrug off protests at the center of a national immigration debate that saw illegal immigrants separated from their children as advocates take aim at banks financing companies that run detention center... More »

FDA declines to approve Insys Therapeutic’s opioid painkiller

(Reuters) – Insys Therapeutics Inc said on Friday the U.S. Food and Drug Administration declined to approve its opioid painkiller, citing potential safety concerns. Insys shares slid nearly 9 percent to $6.62 on Friday, hitting their lowest level in more than ... More »

Bayer hits back at new Netflix medical device documentary

NEW YORK (Reuters) – Bayer AG disputed accusations in a new Netflix documentary that claims medical device makers and the U.S. Food and Drug Administration placed profits before patient safety. The company, in a statement released Thursday night, said the docu... More »

High caliber guns more deadly

(Reuters Health) – Shots from high caliber firearms are more likely to kill, a new study suggests. Researchers wading into the gun control debate have shown that people shot by criminals wielding a higher caliber gun are more likely to die than those shot with... More »

Ohio workers’ pension fund woes are symbolic of national problem

CHICAGO (Reuters) – Roberta Dell has worked for 46 years making lollipops, and she loves her job. But she worries that retirement may not be as sweet as the Dum Dum lollipops she bags. Dell works for the Spangler Candy Company in Bryan, Ohio – a family-owned b... More »

Markets jitter as founder of Italian ruling party urges euro…

ROME (Reuters) – Italy should have a “plan B” to quit the euro zone with a referendum if economic conditions dictate, the founder of the co-ruling 5-Star Movement said, sending ripples through financial markets. The anti-establishment movement’s founder Beppe ... More »

Kristen Stewart to star in new, female-directed ‘Charlie’s Angels’

LOS ANGELES (Reuters) – “Charlie’s Angels” are returning to the big screen next year for a third outing, this time with a female director and a multi-racial trio of women led by Kristen Stewart. “Twilight” star Stewart, along with rising British actresses Naom... More »

U.S. regulator stands by decision to block Winklevoss bitcoin ETF

NEW YORK/WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation. The securities regulator found “unpersuasiv... More »

TV’s Roseanne says tweet ‘cost me everything’ but wasn’t racist

LOS ANGELES (Reuters) – Comedian Roseanne Barr apologized on Thursday for her controversial Twitter comment that caused the cancellation of her U.S. comedy show “Roseanne,” but insisted she had been misunderstood and said the mistake “cost me everything.” Barr... More »

U.S. domestic stock funds report more demand than peers abroad: Lipper

NEW YORK (Reuters) – Investors in U.S. funds traded international equities for domestic stocks during the latest week as earnings beat expectations while trade tensions simmered, Lipper data showed on Thursday. U.S.-based equity funds posted $620 million in wi... More »

Michelle Williams finds love, marries after Heath Ledger death

LOS ANGELES (Reuters) – Actress Michelle Williams has quietly married, telling Vanity Fair magazine she never gave up on love after the death of her partner Heath Ledger 10 years ago. Williams, 37, the fiercely private Oscar-nominated star of “Brokeback Mounta... More »

‘Girl Power’ on show in London Spice Girls exhibition

LONDON (Reuters) – From colorful platform boots to bed linen emblazoned with the faces of Posh, Scary, Sporty, Baby and Ginger, an array of Spice Girls memorabilia goes on show in a London exhibition this week dedicated to the famed girl band. Spice Girls fan ... More »

Wells Fargo looks to sell its Eastdil Secured real-estate division:…

(Reuters) – Wells Fargo & Co (WFC.N) is exploring a sale of its Eastdil Secured real-estate division, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The U.S. bank has been weighing a sale of Eastdil, which provides financ... More »

Several banks dismissed from U.S. metals price-fixing lawsuits

NEW YORK (Reuters) – A U.S. judge has dismissed five large banks from two antitrust lawsuits by investors alleging multi-year conspiracies to rig prices for hundreds of billions of dollars of transactions in the global silver and gold markets. U.S. District Ju... More »

Scientists confirm Einstein’s supermassive black hole theory

BERLIN (Reuters) – A team of international scientists observing a star in the Milky Way have for the first time confirmed Einstein’s predictions of what happens to the motion of a star passing close to a supermassive black hole. Einstein’s 100-year-old general... More »

Fannie Mae issues first-ever SOFR-based securities

NEW YORK (Reuters) – Fannie Mae on Thursday issued the first-ever securities based on the Secured Overnight Finance Rate (SOFR), an alternative to the London interbank offered rate (LIBOR) which may cease to exist after 2021. The U.S. mortgage finance agency’s... More »

Rubens museum steers visitors away from nudes, in jab at Facebook…

BRUSSELS (Reuters) – Visitors to a Belgian art gallery were stunned when security guards ordered them away from nude paintings by Flemish master Peter Paul Rubens, in what turned out to be a stunt to protest at Facebook blocking the pictures on the grounds of ... More »

Irish tourism booms as Brexit-hit British visitors return

DUBLIN (Reuters) – Irish tourism grew by 6.7 percent in the first half of the year, data showed on Thursday, as British visitors began to shrug off a weak pound that has made trips to the euro zone more expensive since the vote to leave the European Union in J... More »

Underground lake found on Mars, raising possibility of life

WASHINGTON (Reuters) – Using a radar instrument on an orbiting spacecraft, scientists have spotted what they said on Wednesday appears to be a sizable salt-laden lake under ice on the southern polar plain of Mars, a body of water they called a possible habitat... More »

Nuveen hires industry veteran to alternative investment team

(Reuters) – Investment manager Nuveen appointed Jean Fleischhacker to the newly created role of a private credit asset class specialist in its alternative investment distribution team. Fleischhacker, who has over 25 years of industry experience, joins from Bla... More »

‘Blood moon’ to appear for 21st Century’s longest lunar eclipse

LONDON (Reuters) – A blood moon will appear in the night sky around much of the world on Friday night as the moon moves into the shadow of the earth for the longest lunar eclipse of the 21st Century. The total eclipse will last 1 hour, 42 minutes and 57 second... More »

Hundreds of artists join festival in Algerian region hit by civil war

TIFERDOUD, Algeria (Reuters) – Hundreds of Algerian and foreign artists gathered for a festival at a hamlet about 1,700 meters above sea level as part of authorities’ efforts to revive the Kabylie region hit by violence in the civil war in the 90s. The annual ... More »

Centauro the robot hopes to play role in disaster relief work

GENOA, Italy (Reuters) – Centauro the robot, with four legs, a short torso and two upper arms, edges forward with Tai chi-like grace before lowering its arms, lifting up a six kg block and effortlessly moving it out of the way. The robot, modeled on the mythic... More »

And the world record for swimming along in a sack with hands & feet…

OHRID, Macedonia (Reuters) – Swimming instructor, lifeguard and adventurer Yane Petkov – Bulgaria’s answer to Houdini and Michael Phelps combined – reclaimed on Tuesday the Guinness world record for swimming along with his hands and feet tied while fully wrapp... More »

Europe launches Galileo navigation satellites amid Brexit row

FRANKFURT (Reuters) – Europe launched four more Galileo satellites on Wednesday, taking the number in orbit to 26 and moving a step closer to having its own navigation system, just as the programme has become the latest flashpoint in Brexit negotiations. The s... More »

Reuters Editorial Leadership

Stephen J. AdlerPresident & Editor-in-Chief Reg ChuaChief Operating Officer, Editorial Dan ColarussoExecutive Editor, Reuters Digital Alix FreedmanGlobal Editor, Ethics and Standards Alessandra GalloniGlobal News Editor John PullmanGlobal Head of Video, Pictur... More »

Ready, steady, slow: snails slug it out at racing world championship

CONGHAM, England (Reuters) – The race starter stood up and shouted: “Ready, steady, slow!” The crowd cheered, but the competitors remained stuck at the start line. Welcome to the world snail racing championship. More than 150 snails took part in the annual eve... More »

‘Amazing dragon’ fossils rewrite history of long-necked dinosaurs

WASHINGTON (Reuters) – Fossils unearthed on a hillside in northwestern China are forcing scientists to rethink the history of a dinosaur lineage that produced the largest animals ever to walk the planet. Scientists on Tuesday announced the discovery of Lingwul... More »

Sun, sea and … Santas? Father Christmases hold annual congress

COPENHAGEN (Reuters) – Braving Europe’s heatwave, more than 150 Santas from around the world donned their heavy suits and full beards at their annual conference in Denmark. As the 61st World Santa Claus Congress kicked off in Copenhagen, many of the delegates ... More »

Shaggy sheep shorn of massive fleece in Australia

(Reuters) – A sheep in eastern Australia is leaping about more lightly after being sheared of its massively overgrown fleece. In a social media post that has gone viral, farmer Graeme Bowden shared pictures of the sheep he dubbed “shriek 2”. He said a friend f... More »

From Dumbo to Mr. Toad, Disneyland collection goes up for auction

LOS ANGELES (Reuters) – For years, Dumbo the Flying Elephant hung from his living room ceiling, a Mr. Toad Wild Ride car was parked in his library and Bashful’s cart from Snow White’s Scary Adventures sat on his front lawn in suburban California. Now collector... More »

Scientists take step toward creating artificial embryos

LONDON (Reuters) – An international team of scientists has moved closer to creating artificial embryos after using mouse stem cells to make structures capable of taking a crucial step in the development of life. Experts said the results suggested human embryos... More »

Greece finds ‘Neko’, a noblewoman buried in her jewelry 1,800 years…

ATHENS (Reuters) – Greek archaeologists have discovered a virtually intact grave of an ancient noblewoman buried with her golden jewelry at a Roman burial monument in the island of Sikinos. Her name, according to a burial inscription, was Neko – or Νεικώ using... More »

Bond yields rise worldwide on BoJ easing talk, stocks slip

LONDON (Reuters) – Signs that the Bank of Japan (BoJ) might scale back its monetary stimulus faster than expected sent tremors through bond markets on Monday, while European stocks and U.S. futures slipped as threats of further U.S. tariffs on China drained ri... More »

Halliburton revenue beats on strong North American activity

(Reuters) – Oilfield services provider Halliburton Co (HAL.N) on Monday reported a 24 percent increase in quarterly revenue, narrowly beating analysts’ estimates, as higher oil prices sparked a surge in U.S. crude production activity. Halliburton has benefited... More »

Fiat Chrysler loses another executive after Marchionne illness

MILAN (Reuters) – Fiat Chrysler’s (FCHA.MI) European boss has quit, adding to the problems facing new CEO Mike Manley who must deliver on promises to boost production of SUVs and catch up with rivals in electric cars. Jeep division head Manley was named on Sat... More »

Israel launches U.S.-backed missile shield on Syria frontier,…

JERUSALEM (Reuters) – Israel launched its newest air defense system on Monday on the Syrian frontier, where Damascus’s Russian-backed forces have been routing rebels, as Moscow sent envoys for what it called “urgent” talks with Israeli Prime Minister Benjamin ... More »

Gunman kills two, injures 12 on Toronto street, police say

TORONTO (Reuters) – A gunman opened fire on a Toronto street filled with restaurants late on Sunday, killing two people and injuring 12 others, including a young girl, authorities said. The suspected shooter was later found dead. The girl was in a critical con... More »

Lebanese army kills suspected drug dealer, seven others in raid:…

BEIRUT (Reuters) – The Lebanese army killed a suspected drug dealer and seven others during a raid in northeast Lebanon on Monday, the army said. During the raid, which took place near the town of Brital, not far from the border with Syria, soldiers were fired... More »

F1 calendar before Spa but Germany’s future up in the air

HOCKENHEIM, Germany (Reuters) – Formula One will have a draft 2019 calendar by the end of August but there could be only 20 races, with Germany out of contract and a proposed round in Miami still in the embryonic stages. F1 commercial manager Sean Bratches ass... More »

Exxon expects more oil from Guyana’s offshore block

(Reuters) – Exxon Mobil Corp and its partners now expect the large Stabroek oil block offshore Guyana to contain about 25 percent more recoverable resources than estimated, they said on Monday. Exxon and U.S.-based partner Hess Corp said more than 4 billion ba... More »

Rival warplane projects underline Europe’s divisions

FARNBOROUGH, England (Reuters) – Britain’s showy launch of a new fighter jet project at this week’s Farnborough Airshow has laid bare political tensions that are threatening to tear Europe apart and deepened scepticism about the future of European defense coop... More »

FDA staff raises efficacy doubts on GSK’s lung disease treatment

(Reuters) – U.S. Food and Drug Administration staff reviewers have raised doubts over the effectiveness of GlaxoSmithKline Plc’s drug Nucala in treating a disease that limits airflow to the lungs. Nucala, already approved for treating severe asthma patients, i... More »

Britain’s new foreign minister warns of no-deal Brexit risk

BERLIN (Reuters) – Britain’s foreign minister Jeremy Hunt said on Monday there was a risk of no-deal Brexit if EU negotiators waited too long for Britain to “blink”, as the deadline for an agreement nears. In Berlin on his first foreign visit since being appoi... More »

China should normalize stock index futures trading, regulator says

SHANGHAI/BEIJING (Reuters) – China should scramble to resume normal trade in stock index futures, a top Chinese securities regulator said on Monday, in an effort to satisfy the risk management needs of both domestic and foreign investors. The easing gesture, w... More »

Trump tells Iran ‘never, ever threaten’ U.S. or suffer consequences

WASHINGTON/ANKARA (Reuters) – U.S. President Donald Trump told Iran it risked dire consequences “the like of which few throughout history have suffered before” if the Islamic Republic made more threats against the United States. His words, spelled out in capit... More »

Tesla shares drop on report that it asked suppliers for refunds

(Reuters) – Shares of Tesla Inc (TSLA.O) fell more than 4 percent in trading before the bell on Monday, after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit. Tesla has asked ... More »

Oil higher on Middle East, North Sea supply worries

LONDON (Reuters) – Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-hour strike on three oil and gas platforms in the British North Sea. Iranian Supreme Leader A... More »

Ozil departure puts focus on German relations with Turkish community

BERLIN (Reuters) – German soccer player Mesut Ozil’s decision to quit the national team due to “racism and disrespect” he faced over his Turkish roots threw a spotlight on Monday on the country’s relations with its largest immigrant community. The most promine... More »

China police probe vaccine maker after scandal sparks fury

SHANGHAI (Reuters) – A vaccine scandal in China, which has prompted angry reactions from citizens fed up with safety scares, is sending ripples across the local drug market and threatening Chinese ambitions to play a larger role in the global pharmaceutical ar... More »

Trump’s ex-aide Manafort due in court over bid to delay trial

ALEXANDRIA, Va. (Reuters) – A U.S. judge on Monday will weigh President Donald Trump’s former campaign manager Paul Manafort’s bid to delay a criminal trial scheduled to begin this week on more than two dozen financial charges, including bank and tax fraud. Ma... More »

Security forces end attack on Erbil governorate by suspected…

ERBIL, Iraq (Reuters) – Kurdish security forces killed gunmen who had stormed a government building in the Kurdish city of Erbil on Monday and took hostages in an attack suspected of being carried out by Islamic State, security officials said, Armed with pisto... More »

Trump says he ‘gave up nothing’ at meeting with Putin

WASHINGTON (Reuters) – U.S. President Donald Trump said on Monday he ‘gave up nothing’ at last week’s meeting with Russian President Vladimir Putin but continued to remain elusive about details of their controversial private conversation in Helsinki. “I gave u... More »

Papa John’s adopts rights plan to limit founder’s stake

(Reuters) – Papa John’s International Inc (PZZA.O) on Sunday adopted a shareholder rights plan, or a “poison pill”, with a 15 percent trigger to deter existing stockholders from amassing a controlling stake in the company. The company also declared a dividend ... More »

Stock futures flat as caution reigns in earnings-heavy week

(Reuters) – U.S. stock index futures were flat on Monday as investors assessed the impact of an escalating trade conflict between the United States and China on corporate results in an earnings-heavy week. While the threats and rhetoric between the countries i... More »

China eyes more vigorous fiscal policy short of strong stimulus

BEIJING (Reuters) – China will adopt a more vigorous fiscal policy to help tackle external uncertainties without resorting to strong policy stimulus, state radio said on Monday, citing the cabinet. Slowing economic growth has sparked a heated debate among gove... More »

China state-backed funds sit on their hands during stock market slump

SHANGHAI (Reuters) – China’s five state-backed mutual funds, launched during the 2015 crash to rescue the market, sat on their hands last quarter when shares slumped roughly a tenth amid trade war concerns, analysts said on Monday. The apathy, captured in thei... More »

Cycling: Non-aggression pact between Froome and Thomas will not be…

CARCASSONNE, France (Reuters) – Will Chris Froome attack Geraint Thomas, or will the defending champion support the current yellow jersey holder? That is the question on everyone’s lips as the Tour de France heads into its final week. But four-time champion Fr... More »

Folli Follie gets injunction to protect assets, focus on restructuring

ATHENS (Reuters) – Luxury jewellery maker Folli Follie (HDFr.AT), whose finances are being investigated by Greek authorities, has obtained a temporary court injunction to protect its assets, it said on Monday. Folli said the injunction, granted by an Athens co... More »

Blackstone wins EU approval to buy Thomson Reuters unit

BRUSSELS (Reuters) – U.S. private equity firm Blackstone Group (BX.N) has secured EU antitrust approval to acquire a majority stake in Thomson Reuters’ (TRI.TO) Financial and Risk unit, the European Commission said on Monday. The EU enforcer said it did not se... More »

Japanese yen trims early gains as BOJ policy change eyed

LONDON (Reuters) – The yen trimmed early gains on Monday as traders consolidated positions after reports the central bank was debating moves to scale back its massive monetary stimulus ignited a brief rally in the Japanese currency. With investors wary of buyi... More »

China police probe vaccine maker Changsheng Bio-technology: Xinhua

BEIJING (Reuters) – Chinese police are investigating vaccine maker Changsheng Bio-technology Co Ltd after the firm was found to have faked documents related to a rabies vaccine, the official Xinhua news agency reported on Monday. The report said the police had... More »

Russia says dollar-denominated Eurobond more likely in 2018: RIA

MOSCOW (Reuters) – Russia is still interested in issuing a Eurobond denominated in euros, but a dollar-denominated Eurobond is more likely to be issued this year, RIA news agency cited Russia’s Deputy Finance Minister Sergei Storchak as saying on Monday. Sourc... More »

Facebook to double office presence in London

(Reuters) – Facebook said on Monday it would double its presence in London, acquiring nearly 600,000 square feet (56,000 square meters) of office space across two buildings in King’s Cross – enough for more than 6,000 workstations. The social network did not s... More »

Expanded ProSieben-Discovery streaming venture gets German…

FRANKFURT (Reuters) – Germany’s anti-trust regulator said on Monday it had given its blessing for German broadcaster ProSiebenSat.1 Media SE and U.S. Discovery Inc to expand their joint video streaming platform. The expanded 7TV venture will include content fr... More »

Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China

BEIJING (Reuters) – In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International (MG.TO) which aims to spear... More »

EU’s Juncker will not bring trade offer to Trump talks: Commission

BRUSSELS (Reuters) – European Commission President Jean-Claude Juncker will not arrive in the United States for talks with U.S. President Donald Trump with a specific trade offer, the Commission said on Monday. Juncker will travel to Washington on Wednesday fo... More »

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