Hezbollah cut down its forces in Syria: Nasrallah

Iran-backed Hezbollah has reduced its forces in Syria as fighting died down though it still has fighters all over the country, its leader said on Friday.


Posted 2019/07/12 22:54:15

Lawmakers considering one-week delay in Mueller testimony

Two U.S. House committees are considering a one-week delay for former Special Counsel Robert Mueller's planned July 17 testimony to allow more time for lawmakers to question him, sources told Reuters on Friday.


Posted 2019/07/12 16:33:12

Turkey begins receiving Russian missiles in challenge to U.S. and NATO

Turkey began taking delivery of an advanced Russian missile defense system on Friday, a move expected to trigger U.S. sanctions against a NATO ally and drive a wedge into the heart of the Western military alliance.


Posted 2019/07/12 16:29:33

Pentagon chief to speak with Turkish counterpart, position on F-35 unchanged

Acting U.S. Defense Secretary Mark Esper said on Friday that the United States had not changed its position on Turkey's role in the F-35 program if they accepted a Russian missile defense system and he would be speaking with his Turkish counterpart later in the day.


Posted 2019/07/12 16:29:33

China to impose sanctions on U.S. firms that sell arms to Taiwan

China said on Friday it would impose sanctions on U.S. firms involved in a deal to sell $2.2 billion worth of tanks, missiles and related equipment to Taiwan, saying it harmed China's sovereignty and national security.


Posted 2019/07/12 16:18:30

New North Korea constitution calls Kim head of state, seen as step to U.S. peace treaty

Kim Jong Un has been formally named head of state of North Korea and commander-in-chief of the military in a new constitution observers said was possibly aimed at preparing for a peace treaty with the United States.


Posted 2019/07/12 16:09:34

Wall Street stocks climb, dollar drops on rate-cut optimism

U.S. stocks edged higher and the dollar fell as hopes rose for an imminent interest-rate cut, while oil futures were little changed as supply worries triggered by a tropical storm were offset by signs of a global surplus for several months.


Posted 2019/07/12 15:57:45

U.S. producer prices rise marginally, suggest tame inflation

U.S. producer prices rose slightly for the second straight month in June as an acceleration in the cost of services was offset by cheaper energy goods, resulting in the smallest annual increase in producer inflation in nearly 2-1/2 years.


Posted 2019/07/12 15:53:08

Wall Street rises on rate cut optimism; S&P 500, Dow hit new highs

The S&P 500 and the Dow Jones Industrial Average hit fresh record highs on Friday, as the indexes continued a strong run for the week on hopes of an interest rate cut this month, while investors waited for the start of the corporate earnings season.


Posted 2019/07/12 15:52:01

Singer R. Kelly charged in decades-long sex trafficking scheme

Grammy Award-winning singer R. Kelly, who faces state sexual assault charges in Illinois, was indicted on Friday on federal charges for alleged racketeering and sex trafficking that prosecutors said occurred over the past 20 years.


Posted 2019/07/12 15:38:30

Tropical Storm Barry gains strength as it heads towards New Orleans

New Orleans residents stocked up on supplies and prepared their homes on Friday as a strengthening Tropical Storm Barry threatened severe rain and flooding when it comes ashore as possibly the first Atlantic hurricane of 2019.


Posted 2019/07/12 15:37:15

Trump says Labor Secretary Acosta resigning amid Epstein case

U.S. President Donald Trump said on Friday that Labor Secretary Alexander Acosta has resigned, believing that he has become a distraction to the administration because of his handling of the sex abuse case against financier Jeffrey Epstein a decade ago.


Posted 2019/07/12 15:37:07

Factbox: Trump administration departures, firings, reassignments

U.S. Labor Secretary Alex Acosta on Friday became the latest high-ranking official from President Donald Trump's administration to resign. Acosta, standing next to Trump on the White House lawn, said his handling of the sex abuse case against financier Jeffrey Epstein a decade ago had become a distraction.


Posted 2019/07/12 15:26:25

U.S. refiners in path of Storm Barry to keep running

Most U.S. refiners whose plants are in the path of Tropical Storm Barry took steps on Friday to keep them running, even as forecasters warned that the second named storm of the season could become a hurricane just before landfall this weekend.


Posted 2019/07/12 15:21:45

Japan, South Korea fail to mend dispute with frosty meeting

Japan and South Korea failed to mend a dispute that could threaten global supplies of microchips and smartphone displays after officials met in Tokyo on Friday for a more than five-hour briefing that drew media attention for its frosty start.


Posted 2019/07/12 14:37:08

Volkswagen investment vaults Argo into top ranks of self-driving firms

Volkswagen AG's $2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsburgh-based startup into the top ranks in the sector.


Posted 2019/07/12 14:36:05

Airbus pulls anniversary book over fraud probe concerns: sources

Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer's attempts to win a settlement in a bribery probe, two people familiar with the matter said.


Posted 2019/07/12 13:32:51

U.S. Democratic hopeful Amy Klobuchar proposes drug cost plan aimed at seniors

Democratic presidential hopeful Amy Klobuchar unveiled a new plan on Friday to help lower the cost of pharmaceuticals purchased by seniors in the wake of the White House scrapping its own ambitious drug cost plan.


Posted 2019/07/12 13:30:40

U.S. Air Force finds no evidence of sexual misconduct by top general

An Air Force investigation has found no evidence to support accusations of sexual misconduct against President Donald Trump's nominee to become vice chairman of the Joint Chiefs of Staff, a senior U.S. military official said on Wednesday.


Posted 2019/07/11 01:44:27

Asia stocks rise, dollar sags as Fed chair sets stage for rate cut

Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month.


Posted 2019/07/11 00:35:54