SINGAPORE/BEIJING (Reuters) – China’s crude oil imports slipped 8% in May from an all-time peak hit the month before, customs data showed, as the world’s top importer of the commodity curbed shipments from Iran amid tightening U.S. sanctions on that country. C... More »
WASHINGTON, (Reuters) – The U.S. trade deficit fell to a 1-1/2-year low in May as exports rose to a record high, boosted by an increase in shipments of soybeans and commercial aircraft. The Commerce Department said on Friday the trade gap narrowed 6.6 percent ... More »
(Reuters) – Hugh Grant, the British actor who finally succumbed to marriage after decades of deriding it, said he tied the knot for a good reason. “We’ve got three kids together, we live together, and I didn’t like the moment at immigration,” Grant said in an ... More »
JOHANNESBURG (Reuters) – Global auditor KPMG said on Monday it will lay off up to 400 people in South Africa, in its latest shake-up following a corruption scandal that saw it lose several major clients. The auditor has taken a number of steps since last Septe... More »
(Reuters) – Former Arsenal manager Arsene Wenger is eager to coach again but remains wary of committing to a “crazy challenge” as he plans to resolve his future in the coming weeks. The 68-year-old left Arsenal after almost 22 years at the helm of the Premier ... More »
NEW YORK (Reuters) – Without music, life would be a mistake, according to the German philosopher Friedrich Nietzsche. Yet some of the world’s most famed musicians did not begin their careers belting out hits onstage. They had to endure scrappy jobs, just like ... More »
CHICAGO (Reuters) – Fewer Americans are asking Social Security to “show me the money” as soon as possible. The share of workers claiming Social Security retirement benefits at the earliest possible date has plunged in recent years. That probably reflects growi... More »
NEW YORK (Reuters) – The growing number of apprenticeships in the U.S. has more to do with European companies importing the practice into their American operations than with the long-running NBC television reality show and its former host who now lives in the ... More »
NEW YORK (Reuters) – The S&P 500 and the Dow Jones Industrial Average registered their biggest one-day percentage drops in a month on Tuesday as political turmoil in Italy sparked concerns about the stability of the euro zone and shares of U.S. banks tumbled. ... More »
LONDON (Reuters) – Oil prices extended losses on Monday as Saudi Arabia and Russia said they may increase supplies while U.S. production gains showed no sign of slowing. Brent crude futures LCOc1 stood at $75.32 a barrel at 1805 GMT, down $1.12 from the previo... More »
(Reuters) – U.S. Environmental Protection Agency chief Scott Pruitt’s security detail has cost taxpayers well over $3 million so far, up sharply from his predecessor during an equivalent period, according to details released by the agency, which said Pruitt’s ... More »
NEW YORK (Reuters) – Study after study shows that money stress can be as bad for workplace productivity as back pain. The latest study, released by PwC on Tuesday, found that a quarter of U.S. workers said financial worries caused them health problems. Forty p... More »
CHICAGO (Reuters) – In September, the federal government will mail a handbook on Medicare enrollment to 43 million households. “Medicare & You” is an important, authoritative source on a wide array of plan options for the annual enrollment period that runs fro... More »
MANILA (Reuters) – The Philippines expressed “serious concerns” over the presence of China’s strategic bombers in the disputed South China Sea and its foreign ministry has taken “appropriate diplomatic action”, the spokesman of President Rodrigo Duterte said o... More »
LONDON (Reuters) – The dollar hit a five-month high on Monday after U.S. Treasury Secretary Steven Mnuchin declared the U.S.-China trade war “on hold” following their agreement to suspend threatened tariffs. Against a basket of its peers, the dollar rose above... More »
LONDON (Reuters) – Oil rose on Monday, lifted by a rally across stocks and other commodities, after the United States said it had put a possible trade war with China “on hold”. Brent crude futures were up 35 cents at $78.86 a barrel at 0845 GMT, having hit a h... More »
(Reuters) – Milos Raonic has withdrawn from next week’s French Open with a knee injury and is targeting a return during the grasscourt season, the former world number three said on Sunday. The Canadian has not played since losing to Denis Shapovalov in the rou... More »
CHICAGO (Reuters) – (The writer is a Reuters columnist. The opinions expressed are his own.) Americans do not agree on much these days, but we are united on the cost of medicine. Large majorities of Republican, Democratic and independent voters say they would ... More »
NEW YORK (Reuters) – When optimism and realism about college savings collide, you get parents who are confident that they will meet their goals – as long as they reduce the amount of money they save, that is. According to the latest “How America Saves for Coll... More »
(Reuters) – U.S. Environmental Protection Agency chief Scott Pruitt requested and received around-the-clock security from his first day in office in 2017, the agency’s watchdog on Monday told a lawmaker questioning Pruitt’s expensive security detail. Prior EPA... More »
NEW YORK(Reuters) – (The writer is a Reuters contributor. The opinions expressed are his own.) In Hollywood, fame can be fleeting and a career with staying power is even more unusual. Antonio Banderas has managed to fashion the latter, developing from a young ... More »
(Editor’s note: Language in the third paragraph might offend some readers) (Reuters) – Mark Williams stayed true to his word after clinching his third world snooker title on Monday by conducting his post-match news conference naked. The 43-year-old, who had pr... More »
BERLIN (Reuters) – German industrial orders unexpectedly dropped for the third month running in March due to weak foreign demand, data showed on Monday, suggesting factories in Europe’s largest economy are shifting into a lower gear. Contracts for German goods... More »
SINGAPORE (Reuters) – U.S. oil prices rose above $70 a barrel on Monday for the first time since November 2014 and Brent crude climbed to fresh highs, buoyed as a deepening economic crisis in Venezuela threatened the country’s already tumbling oil supply. The ... More »
KUALA LUMPUR (Reuters) – Malaysia’s central bank is expected to leave its benchmark interest rate unchanged at a policy meeting on Thursday, a day after the country holds a general election, a Reuters poll showed. Eleven economists polled by Reuters were unani... More »
TOKYO (Reuters) – The dollar stayed near its 2018 peak on Monday after U.S. jobs and wages data did little to temper perceptions of strength in the U.S. economy, though renewed concerns about trade frictions could cloud its outlook. The dollar index stood at 9... More »
EILAT, Israel (Reuters) – Italian Elia Viviani of the Quick-Step Floors team sealed his second consecutive Giro d’Italia stage win on Sunday when he was the fastest in a bunch sprint finish in the third stage in Eilat. Sam Bennett of Bora-Hansgrohe was in the ... More »
SINGAPORE (Reuters) – The dollar held steady against a basket of currencies on Friday, having retreated from four-month highs on profit-taking, with the focus on whether U.S. jobs data will provide the spark for another push higher. The dollar has erased all i... More »
DALIAN/MANILA (Reuters) – China plans to open more of its futures contracts to foreign investors, a senior official said on Friday, as Beijing launched its “internationalised” iron ore contract as part of a bid to boost its sway over pricing of major commodity... More »
WASHINGTON (Reuters) – U.S. job growth likely accelerated in April after a weather-related slowdown in the previous month, with the unemployment rate expected to drop to near a 17-1/2-year low of 4.0 percent. The Labor Department’s closely watched employment r... More »
NEW YORK (Reuters) – (The writer is a Reuters contributor. The opinions expressed are his own.) There are plenty of challenging jobs in America. But as anyone with a child will tell you, the hardest one of all is being a parent – and it is not even a close cal... More »
LONDON (Reuters) – A multi-billion pound merger between British supermarket Sainsbury’s and ASDA shook up retail stocks on Monday while European benchmarks rose, on track to end the month of April with a gain. The pan-European STOXX index rose 0.1 percent whil... More »
SINGAPORE (Reuters) – Oil prices dipped on Monday after a rising rig count in the United States pointed to higher production there, but markets held near their highest in over three years and remained set for a second straight month of gains. Oil prices were s... More »
WASHINGTON (Reuters) – Business is coming in so fast and workers are in such high demand at AOW Associates Inc, an Albany, New York-based construction firm, that its chief financial officer hired a guy six weeks ago for a job that didn’t exist. “We keep our pr... More »
(Reuters) – Speculators’ net bearish bets on U.S. 10-year Treasury note futures climbed to a record high earlier this week when the 10-year yield rose to 3 percent for the first time in over four years, according to U.S. Commodity Futures Trading Commission da... More »
WASHINGTON (Reuters) – The U.S. economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal stimulus. Gross domestic pr... More »
LONDON (Reuters) – The father of gravely ill Alfie Evans, the 23-month-old boy whose plight has drawn international attention, said on Thursday he wanted to build bridges with staff at the British hospital he has been battling in the courts over his son’s trea... More »
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) Unlike his friends who are living at home three years after college graduation, John Kelly has paid off his student loan balance of $60,000 and is thriving as a... More »
LONDON (Reuters) – Business activity across the euro zone was still growing as the second quarter began, but at a more modest rate than around the turn of the year, a survey showed on Monday. The euro zone unexpectedly was one of the best-performing major econ... More »
LONDON (Reuters) – Oil eased on Monday on rising U.S. borrowing costs and the prospect of further output rises after another increase in the weekly rig count, although the overall picture for crude remained bullish. Brent crude futures were down 49 cents at $7... More »
NEW YORK (Reuters) – Many U.S. stocks cheapened up during the first quarter’s choppy trading scene, relieving some concern investors had about lofty valuations. But the companies that move goods through a humming economy now look among the market’s best bargai... More »
NEW YORK (Reuters) – Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer. The obvious solution is to make sure women save enough money to cover the longer spread and to work ... More »
LONDON (Reuters) – Oil recovered some ground on Monday, but prices were still down on the day as investor concern waned about escalating tensions in the Middle East following air strikes on Syria over the weekend. The United States, France and Britain launched... More »
(Reuters) – U.S. stocks opened higher on Monday as investors bet the weekend’s U.S.-led missile attack on Syria would not escalate into a broader conflict, while turning their focus to the earnings season. The Dow Jones Industrial Average .DJI rose 123.01 poin... More »
WASHINGTON (Reuters) – U.S. retail sales rebounded in March after three straight monthly declines as households boosted purchases of motor vehicles and other big-ticket items, suggesting consumer spending was heading into the second quarter with momentum. The ... More »
OSLO (Reuters) – Norway’s foreign minister said her government was discussing whether to ask Washington to extend the stay of U.S. Marines in the country, a presence that has irked neighbouring Russia. Some 330 Marines are scheduled to stay until the end of 20... More »
(Reuters) – Hedge fund manager Carl Icahn is cashing out of casino business Tropicana Entertainment Inc (TPCA.PK) in a deal selling most of its properties and operations for $1.85 billion, Icahn Enterprises and the companies involved said in statements on Mond... More »
(Reuters) – Briton Dan Evans is set to return from a one-year doping ban as a wildcard entrant at this month’s ATP Challenger Tour event in Glasgow, the Lawn Tennis Association (LTA) said on Monday. The 27-year-old, who tested positive for cocaine during the B... More »
MANILA (Reuters) – The Philippines government criticized on Monday Facebook’s (FB.O) choice of two independent online news platforms to help fight the spread of fake news, saying they are biased against President Rodrigo Duterte. Facebook said last week it wou... More »
NEW DELHI (Reuters) – Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles. Ola plans to have 1 million el... More »
The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS. The opinions expressed are his own. Reuters has not edited the statements or confirmed their accuracy. @realDonaldTrump : – Unbel... More »
(Reuters) – Mischa Zverev overcame a mid-match blip to defeat Canadian teenager Felix Auger-Aliassime 6-2 6-7(4) 6-1 and reach the second round of the Monte Carlo Masters on Sunday. German Zverev converted six out of 14 break points against the world number 17... More »
SINGAPORE (Reuters) – Singapore’s competition watchdog on Friday outlined a set of interim measures for ride-hailing firms Grab and Uber Technologies to ensure an open market as it continued its investigation into their merger in the city-state. The Competitio... More »
NEW YORK (Reuters) – Every actor dreams of extreme success, but there is also a downside: That you will forever be known as the character you played. That is the challenge facing Michael Imperioli, who to every fan of famed HBO series “The Sopranos,” is Christ... More »
NEW YORK (Reuters) – A cute Maltipoo puppy could never harm anyone, right? But looks can be deceiving. Dogs of any size or breed could inflict serious damage, leading to large insurance claims. Over the past 14 years, canine-related injuries – from bites to ac... More »
SINGAPORE (Reuters) – Oil markets rose for a second day on Tuesday, with Brent rising above $69 per barrel on hopes a trade dispute between the United States and China, the world’s two biggest crude consumers, may be resolved without greater damage to the glob... More »
TOKYO (Reuters) – The dollar bounced against the yen on Tuesday, with broader risk appetite improving after a speech by Chinese President Xi Jinping promising to cut import tariffs eased concerns about a trade conflict between the world’s two largest economies... More »
SINGAPORE (Reuters) – U.S. stock futures extended their gains and rose more than 1 percent in Asian hours on Tuesday as remarks by Chinese President Xi Jinping helped soothe investor jitters over U.S.-China trade tensions. The S&P 500 E-mini futures ESc1 rose ... More »
LONDON (Reuters) – U.S. tariffs on imports have already roiled the aluminum market. U.S. sanctions on Oleg Deripaska and his companies are going to cause even more turmoil, given they encompass Rusal, which produces around 6 percent of the world’s aluminum. De... More »
LONDON (Reuters) – Oil rose towards $70 a barrel on Monday, lifted by a drop in drilling activity in the United States and concerns that Washington could reintroduce sanctions against Iran. U.S. drillers cut seven oil rigs in the week to March 29, bringing the... More »
BENGALURU (Reuters) – Shares of ICICI Bank, India’s third-largest lender, plunged 7 percent to a five-month low on Monday after media reported its lending practices were the subject of a police investigation. ICICI Bank’s shares were down 6.3 percent at 260.75... More »
(Reuters) – Englishman Justin Rose is determined to make amends for last year’s near miss at the U.S. Masters with the 37-year-old reckoning he was probably destined to lose after a lot of success in tight finishes. Rose came agonizingly close to winning for t... More »
(Reuters) – Los Angeles Angels two-way player Shohei Ohtani was impressive in his pitching debut on Sunday, conceding three runs in six innings in a 7-4 road victory over the Oakland Athletics. The 23-year-old Japanese rookie gave up three hits, all in the sec... More »
The following statements were posted to the verified Twitter accounts of U.S. President Donald Trump, @realDonaldTrump and @POTUS. The opinions expressed are his own. Reuters has not edited the statements or confirmed their accuracy. @realDonaldTrump : – HAPPY... More »
CUTUD, Philippines (Reuters) – A Philippine man who has been nailed to a cross every Easter for the past 32 years in a Good Friday re-enactment of Jesus Christ’s crucifixion says he no longer feels any pain from his wounds. Ruben Enaje, 58, again portrayed Chr... More »
LONDON (Reuters) – Spooked by brewing trade tensions and a broad reversal in technology shares, global investors have cut their equity exposure to a four-month low this month while reducing their holdings of U.S. stocks to the lowest in nearly two years. Reute... More »
LONDON (Reuters) – British investors rattled by global trade tensions are holding equity exposure near four-month lows, a Reuters poll showed on Thursday, though they see emerging market assets as benefiting from dollar weakness. Reuters’ latest monthly asset ... More »
LONDON (Reuters) – European investors have raised their bond allocations in March while keeping their equity exposure at six-month lows, in a month marked by a sharp tech sector selloff and brewing trade tensions that threatened to dent world economic growth. ... More »
BENGALURU (Reuters) – U.S. fund managers switched recommended global portfolios slightly more in favor of bonds in March, in part on concerns trade barriers between the world’s two biggest economies may escalate to a broader trade war, a Reuters poll found. Wh... More »
TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) agreed on Thursday to produce cars for each other in India as Toyota aims to increase its market share in the world’s fifth-largest passenger car market. The agreement follows an R&D t... More »
LONDON (Reuters) – Brent oil lingered below this week’s highs on Thursday, as optimism over OPEC’s commitment to controlling its output was partly offset by another rise in U.S. inventories. The oil price touched $71 a barrel on Tuesday, near its high for the ... More »
(Reuters) – Andy Murray has agreed to play at the June grass-court tournament in Rosmalen in the Netherlands, as the former world number one steps up his bid to fully recover from hip surgery in time for Wimbledon. The Scot has not played a competitive match s... More »
(Reuters) – Turkish soccer club Besiktas ended up in trouble with European soccer’s governing body, UEFA, on Thursday, a day after a cat sneaked on to the pitch during their Champions League match against Bayern Munich. UEFA opened disciplinary proceedings aga... More »
The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 12, 2018. REUTERS/Staff/Remote MILAN (Reuters) – European shares hit their highest level in almost two weeks on Monday, boosted by gains among German utilities ... More »
FILE PHOTO: A general view shows the al-Shuaiba oil refinery in southwest Basra, Iraq April 20, 2017. REUTERS/Essam Al-Sudani LONDON (Reuters) – Oil prices fell on Monday on expectations that U.S. output will rise this year, erasing earlier gains buoyed by low... More »
FILE PHOTO: A picture illustration of Euro banknotes, April 25, 2014. REUTERS/Dado Ruvic/Illustration/File Photo LONDON (Reuters) – The euro gained on Monday and the dollar dropped as last week’s strong U.S. jobs numbers and receding fears over a trade war hel... More »
The logo of Samsung is seen on a building during the Mobile World Congress in Barcelona, Spain February 25, 2018. REUTERS/Yves Herman SEOUL (Reuters) – South Korea’s stock exchange said on Monday that trading in Samsung Electronics Co Ltd’s shares will be halt... More »
FILE PHOTO – The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White/File Picture NEW YORK (IFR) – Uber is bringing its disruptive force to the leveraged loan market, approaching institutional investors directly on a new debt sale. ... More »
FILE PHOTO: U.S. National Security Advisor Susan Rice heads to her seat before a ceremony awarding the Presidential Medal of Freedom to various receipients in the East Room of the White House in Washington, U.S., November 22, 2016. REUTERS/Carlos Barria NEW YO... More »
Dan Demeglio, race and sports book supervisor, cashes a 200-to-1 future bet for Doug O’Neill, trainer of Kentucky Derby winner “I’ll Have Another”, at the Primm Valley Casino in Primm, Nevada June 25, 2012. REUTERS/Las Vegas Sun/Steve Marcus CHICAGO (Reuters) ... More »
NEW YORK (Reuters) – Citadel, one of the world’s largest hedge fund managers, has cut staff by more than 30 percent in one of its stock-picking units in what several people with direct knowledge of the layoffs described as a surprise move. From late February t... More »
A pump jack is seen at sunset near Midland, Texas, U.S., on May 3, 2017. Picture taken May 3, 2017. REUTERS/Ernest Scheyder LONDON (Reuters) – U.S. shale oil output is set to surge over the next five years stealing market share from OPEC producers and moving t... More »
The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 2, 2018. REUTERS/Staff/Remote MILAN (Reuters) – European shares inched up on Monday, held back by heavy losses among Italian stocks after a bigger than expected... More »
LONDON (Reuters) – Investors dumped Italy’s government bonds on Monday and rushed to buy high-grade equivalents such as German Bunds after the weekend Italian election saw a surge in support for anti-establishment parties, led by the 5-Star Movement. Italy fac... More »
Tennis – Australian Open – Semifinals – Rod Laver Arena, Melbourne, Australia, January 25, 2018. Britain’s Kyle Edmund during a press conference after losing his match against Croatia’s Marin Cilic. REUTERS/Edgar Su (Reuters) – Kyle Edmund is proud to have bec... More »
China aims to pursue "stable and healthy development" of the property market in 2018 with an increased focus on providing affordable housing and developing the rental market, Premier Li Keqiang said in a government work report released on Monday. More »
(Reuters) – Two AFC Cup matches involving Iraqi clubs have been postponed until April in the hope that FIFA will lift a ban on the country hosting competitive international games, the Asian Football Confederation (AFC) said on Monday. Al Zawraa were scheduled ... More »
FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo TOKYO (Reuters) – The yen surged against the dollar on Friday after Bank of Japan Haruhiko Kuroda said the central bank will consid... More »
FILE PHOTO: Tennis – Australian Open – Margaret Court Arena, Melbourne, Australia, January 18, 2018. Switzerland’s Stan Wawrinka walks off court after losing his match against Tennys Sandgren of the U.S. REUTERS/Toru Hanai (Reuters) – Former world number three... More »
(Reuters) – Microchip Technology Inc said on Thursday it would buy Microsemi Corp, the largest U.S. commercial supplier of military and aerospace semiconductor equipment, for about $8.35 billion. The deal comes amid a new wave of consolidation in the semicondu... More »
NEW YORK (Reuters) – It stands to reason that getting involved in your community helps others. But what if it helped your own bottom line, as well? That is the finding of a new survey from financial giant MassMutual, which discovered that nearly half of the Am... More »
A “For Rent” sign is posted outside a residential home in Carlsbad, California, U.S., January 18, 2017. REUTERS/Mike Blake CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) People trying to escape soaring rents... More »
FILE PHOTO: The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, February 23, 2018. REUTERS/Staff/Remote LONDON (Reuters) – European shares traded higher on Monday morning with gains across bourses and sectors as focus ... More »
FILE PHOTO: Honda MotoGP rider Marc Marquez of Spain rides his bike during the second qualifying session ahead of the Valencia Motorcycle Grand Prix at the Ricardo Tormo racetrack in Cheste, near Valencia, Spain, November 6, 2015. REUTERS/Heino Kalis. Picture ... More »
FILE PHOTO: A view shows Saudi Aramco’s Abqaiq oil facility in eastern Saudi Arabia in this undated handout photo. Saudi Aramco/Handout via REUTERS LONDON (Reuters) – Oil steadied around its highest prices in three weeks on Monday, supported by comments from S... More »
FILE PHOTO – Philippine President Rodrigo Duterte (R) speaks with China’s President Xi Jinping over the phone while with Christopher ‘Bong’ Go, Special Assistant to the President, in Davao City, southern Philippines May 3, 2017. Malacanang Photo/Handout via RE... More »
TOKYO (Reuters) – Oil prices extended gains to hit their highest level in nearly two weeks on Monday, buoyed as Asian shares joined a global recovery in equity markets and as worries grew over tensions in the Middle East. Prime Minister Benjamin Netanyahu said... More »
U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018. REUTERS/Jose Luis Gonzalez/Illustration TOKYO (Reuters) – The dollar found some traction on Monday following last week’s steep fall and managed to hold above a three-year low ag... More »
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 15, 2018. REUTERS/Lucas Jackson (Reuters) – U.S. stock futures rose on Friday, set to build on a rally that has lasted five straight days as inv... More »
Figure Skating – Pyeongchang 2018 Winter Olympics – Men Single Skating short program competition – Gangneung Ice Arena – Gangneung, South Korea – February 16, 2018 – Vincent Zhou of the U.S. performs. REUTERS/John Sibley (Reuters) – Following are some memorabl... More »
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