Boost for Hammond as UK posts smallest August budget deficit in 10 years

LONDON (Reuters) - Britain unexpectedly posted its smallest budget deficit for any August since 2007, helped by record sales tax revenues that could give Chancellor of the Exchequer Philip Hammond room to relax his grip on spending in an upcoming budget.


Posted 2017/09/21 11:19:15

Hurricane Maria slams Puerto Rico with high rains, storm surge

SAN JUAN, Puerto Rico (Reuters) - Hurricane Maria slammed into Puerto Rico on Wednesday as the strongest storm to hit the U.S. territory in nearly 90 years, ripping windows from their fixtures and sending debris hurtling through the streets as it approached the capital, San Juan.


Posted 2017/09/20 13:58:03

Toshiba to sell chip unit to Bain Capital-led group for $18 billion

TOKYO (Reuters) - Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange.


Posted 2017/09/20 13:55:22

Oil set for strongest third quarter since 2004, Iraq hints at OPEC extension

LONDON (Reuters) - Oil headed for its largest third-quarter gain in 13 years as prices rose on Wednesday after the Iraqi oil minister said OPEC and its partners are considering extending or deepening output cuts aimed at reducing a global supply glut.


Posted 2017/09/20 13:44:34

Rescuers search rubble of school as Mexican quake toll hits 217

MEXICO CITY (Reuters) - Rescue workers scrabbled through rubble as dawn broke on Wednesday, searching for dozens of children feared buried beneath a Mexico City school, among hundreds of buildings destroyed by the country's most lethal earthquake in a generation.


Posted 2017/09/20 13:24:37

Shopping surge in August boosts British rate hike bets

LONDON (Reuters) - British retail sales unexpectedly surged in August, boosting chances the Bank of England will raise interest rates for the first time in a decade at its next meeting.


Posted 2017/09/20 12:39:42

As Apple slows, fast-moving Chinese rivals gain in wealthy markets

HONG KONG/SINGAPORE (Reuters) - Slowing innovation at iPhone maker Apple gives Asian rivals their best chance yet to conquer developed markets, retailers and consumers say - thanks to better designs and lower prices.


Posted 2017/09/20 11:53:48

Police arrest three in Wales over London train bomb attack

NEWPORT, Wales (Reuters) - British police arrested three men in south Wales over last week's bombing of a busy commuter train in west London, meaning five people are now being questioned by detectives over the attack which injured 30 people.


Posted 2017/09/20 10:43:12

May faces new parliament battle with committee vote

LONDON (Reuters) - British lawmakers will vote on Tuesday on moves by the Conservative government to bolster its numbers on committees that scrutinise laws, denounced by the opposition as an attempt to "rig parliament".


Posted 2017/09/12 13:14:26

Myanmar faces mounting pressure over Rohingya refugee exodus

COX'S BAZAR, Bangladesh (Reuters) - Pressure mounted on Myanmar on Tuesday to end violence that has sent about 370,000 Rohingya Muslims fleeing to Bangladesh, with the United States calling for protection of civilians and Bangladesh urging safe zones to enable refugees to go home.


Posted 2017/09/12 12:01:57

U.N. Security Council steps up sanctions on defiant North Korea

UNITED NATIONS/SEOUL (Reuters) - The U.N. Security Council unanimously voted to step up sanctions on North Korea, with its profitable textile exports now banned and fuel supplies capped, prompting a traditionally defiant threat of retaliation against the United States.


Posted 2017/09/12 11:50:03

British theatre director Peter Hall dies aged 86

LONDON (Reuters) - Leading British theatre director Peter Hall, founder of the Royal Shakespeare Company, has died at the age of 86, the National Theatre said on Tuesday.


Posted 2017/09/12 11:45:24

UK inflation jump puts Bank of England back in spotlight on rates

LONDON (Reuters) - British inflation hit its joint highest level in more than five years in August, complicating the Bank of England's job this week of explaining why it is not raising interest rates.


Posted 2017/09/12 11:41:19

Brexit law passes hurdle in reprieve for May

LONDON (Reuters) - Britain's parliament backed a second reading of legislation to sever ties with the European Union early on Tuesday, a reprieve for Prime Minister Theresa May who now faces demands by lawmakers for concessions before it becomes law.


Posted 2017/09/12 10:26:01

Apple set to unveil anniversary iPhone in major product launch

CUPERTINO, Calif. (Reuters) - A decade after then-CEO Steve Jobs unveiled the first iPhone, Apple Inc on Tuesday is set to introduce a completely redesigned top-of-the-line iPhone along with two other new phones, as well as a big upgrade to the Apple Watch and a higher-definition Apple TV.


Posted 2017/09/12 09:30:49

U.N. Security Council unanimously steps up sanctions against North Korea

UNITED NATIONS (Reuters) - The United Nations Security Council unanimously stepped up sanctions against North Korea on Monday over the country's sixth and most powerful nuclear test on Sept. 3, imposing a ban on the country's textile exports and capping imports of crude oil.


Posted 2017/09/11 22:17:31

Around one million rally for Catalan independence from Spain

BARCELONA (Reuters) - Around one million Catalans rallied in Barcelona on Monday, waving red and yellow striped flags and banging drums, in a show of support for independence after Madrid moved to block a referendum on the region's split from Spain.


Posted 2017/09/11 22:04:56

Floridians return to shattered homes as Irma crosses into Georgia

FLORIDA CITY/MARCO ISLAND, Fla. (Reuters) - Shocked Florida residents returned to their shattered homes on Monday as the weakened Hurricane Irma pushed inland, flooding cities in the northeastern part of the state and leaving millions without power.


Posted 2017/09/11 21:37:22

U.S. high court justice temporarily preserves Trump refugee ban

WASHINGTON (Reuters) - U.S. Supreme Court Justice Anthony Kennedy on Monday provided a temporary reprieve for President Trump's order blocking most refugees from entering the United States, putting on hold a lower court's ruling loosening the prohibition.


Posted 2017/09/11 21:29:29

Police charge serving soldiers over suspected far-right terrorism

LONDON (Reuters) - Three men, including two serving soldiers, were charged by British police on Monday with terrorism offences, including belonging to a banned far-right group.


Posted 2017/09/11 20:47:51