BEIJING China’s move to devalue its currency reflects a growing clamor within government circles for a weaker yuan to help struggling exporters, ensuring the central bank remains under pressure to drag it down further in the months ahead, sources said. The yua... More »
CHICAGO A political battle over the use of fetal tissue in medical research has been reinvigorated by the release of undercover videos targeting Planned Parenthood officials. But the controversy comes just as interest in the use of fetal tissue is dwindling, s... More »
ATHENS Once again Alexis Tsipras was struggling to make a decision. For hours on July 13, the Greek prime minister and Europe’s leaders had been trying to thrash out a new deal to bail out bankrupt Greece and keep the country in the euro zone. Now a clean copy... More »
WILLIAMSON, WV With coal trains chugging past in the distance, Jack Perry watches as his wife, Margie, plants row upon row of Hungarian pepper seedlings in the community garden that residents of this West Virginia coal town call the “Garden of Eatin’.” “Th... More »
SAN FRANCISCO When it comes to dashboard displays that are more like smart phones, two things are clear: Customers want them, and automakers are intent on supplying them. But are they really a good idea? Car companies answer with an emphatic yes. They say outs... More »
NEW YORK (This version of the story corrects title of analyst in second paragraph, shows Thornburg has reduced, not eliminated currency in 10th paragraph.) The prospect of Greece defaulting on its debt has long been viewed as the recipe for a global stock mark... More »
LONDON (Reuters) – The health warning on a MarkTen electronic cigarette package is 116 words long. That’s much longer than the warnings on traditional cigarette packs in the United States. Nicotine, the e-cigarette warning says, is “addictive and habit-forming... More »
STANFORD, California (Reuters) – At the end of their first year at Stanford University, a half dozen students snagged an apartment-style dormitory on the third floor of Griffin House, overlooking the campus golf course. A little over a year later, in the autum... More »
FREJUS France (Reuters) – Last month, David Rachline, the mayor of the French Riviera town of Frejus, quietly loaned a free room to the town’s Jewish community to celebrate Yom Kippur. In most other towns in France the gesture would have been unremarkable. But... More »
MOSCOW 2014 (Reuters) – Late last month Yelena Tumanova was handed the body of her son in a coffin at her home in Russia’s Western Volga region. Anton Tumanov was 20 and a soldier serving in the Russian army in the North Caucasus region of Chechnya. The docume... More »
LISBON (Reuters) – On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two letters to Venezuela’s state oil company, which had bought $365... More »
WARSAW (Reuters) – In a rented public hall not far from Poland’s parliament, about 150 people gathered one afternoon late last year to hear speeches by a collection of far-right leaders from around Europe. The event was organized by Ruch Narodowy, or National ... More »
ZHENGZHOU, China (Reuters) – Asia’s top mergers and acquisitions bankers gathered two years ago at the swanky Island Shangri La in Hong Kong to celebrate the top deals of 2012. As the transactions were being toasted, one was unraveling. Advisers on Caterpillar... More »
(This is the third story in a three-part series, Assets of the Ayatollah: here#article/part3) By Yeganeh Torbati, Steve Stecklow and Babak Dehghanpisheh (Reuters) – Two months before his death in 1989, Iranian leader Ayatollah Ruhollah Khomeini tried to solve ... More »
LONDON (Reuters) – In July 2012, then-U.S. Treasury Secretary Tim Geithner traveled to an island off the German coast to meet Wolfgang Schaeuble, Germany’s finance minister. Schaeuble was on vacation, but Geithner visited to discuss the euro zone crisis. Talk ... More »
WASHINGTON (Reuters) – The leader of a U.S. Senate committee said Wednesday the panel would hold a hearing later this year to examine systemic payroll problems in the U.S. military, following a Reuters investigation that showed how widespread Pentagon pay erro... More »
PARIS (Reuters) – Luxury perfume brands fear the European Union is about to introduce measures that could cripple the $25 billion global industry in the name of protecting consumers against allergies. New laws could severely curb or ban natural ingredients use... More »