U.S. to slash payouts from 9/11 victims fund

The special master overseeing a U.S. government fund to compensate victims of the Sept. 11, 2001, attacks on Friday said future awards will be significantly reduced, typically by at least 50 percent, because the fund is running short of money.


Posted 2019/02/16 02:49:57

Mueller says searches yielded evidence of Stone-WikiLeaks communications

U.S. Special Counsel Robert Mueller disclosed for the first time on Friday that his office has evidence of communications between Roger Stone, a longtime adviser to President Donald Trump, and WikiLeaks related to the release of hacked Democratic Party emails.


Posted 2019/02/16 02:31:02

Mexico to inject $3.9 billion in Pemex, seeks to prevent credit downgrade

Mexico will inject $3.9 billion into ailing state oil company Pemex, officials said on Friday, promising to strengthen its finances and prevent a further credit downgrade, although investors saw the plan as only a short-term fix.


Posted 2019/02/16 01:44:16

U.S. raises pressure on Maduro via sanctions, aid airlift

The United States ratcheted up pressure on Venezuelan President Nicolas Maduro on Friday by sanctioning some of his top security officials and the head of the state oil company, and unveiling plans to airlift over 200 tons of aid to the Colombian border.


Posted 2019/02/16 01:29:03

Fed policymakers see one U.S. rate hike, or none, as growth slows

When the Federal Reserve last month adopted a new "patient" approach to monetary policy, it gave no specific guidance about how long its policy pause would last, or how many more interest-rate increases, if any, were in the offing.


Posted 2019/02/16 00:31:48

U.S. Supreme Court to decide legality of census citizenship query

The U.S. Supreme Court will decide the fate of a fiercely contested plan by President Donald Trump's administration to add a citizenship question to the 2020 census, agreeing on Friday to an expedited review of a judge's ruling blocking the plan.


Posted 2019/02/15 23:51:24

Amazon invites Ocasio-Cortez for tour, calls worker claims untrue

A senior Amazon.com Inc executive on Friday disputed claims raised by Representative Alexandria Ocasio-Cortez that Amazon workers face "dehumanizing conditions" as being untrue and invited her to take a tour of company facilities.


Posted 2019/02/15 23:33:03

Exclusive: U.S. may trim over 1,000 troops from Afghanistan in belt-tightening - general

Even before any peace push-related drawdowns, the U.S. military is expected to trim troop levels in Afghanistan as part of an efficiency drive by the new commander, a U.S. general told Reuters on Friday, estimating the cuts may exceed 1,000 forces.


Posted 2019/02/15 14:33:06

Mexico to pump $3.6 billion into ailing oil firm Pemex in relief plan

Mexico's government will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes paid, company officials said on Friday, a move aimed at improving the firm's balance sheet and preventing a further downgrade to its credit rating.


Posted 2019/02/15 14:22:31

Kashmir suicide bomber radicalized after beating by troops, parents say

A suicide bomber who killed 44 paramilitary policemen in Indian-controlled Kashmir joined a militant group after having been beaten by troops three years ago, his parents told Reuters on Friday.


Posted 2019/02/15 14:19:29

Massachusetts ex-governor Weld to challenge Trump for Republican presidential nomination: Washington Post

Bill Weld, the former Republican governor of Massachusetts who ran on the Libertarian Party ticket in 2016, said he will challenge U.S. President Donald Trump for the Republican Party's presidential nomination in the 2020 election, the Washington Post reported on Friday.


Posted 2019/02/15 14:16:44

Explainer: Scenic Kashmir at the heart of India-Pakistani animosity

The Muslim-majority Himalayan region of Kashmir has been at the heart of more than 70 years of animosity, since the partition of the British colony of India into the separate countries of Muslim Pakistan and majority Hindu India.


Posted 2019/02/15 14:13:23

Britain could accept Brexit backstop fix outside divorce deal: EU, UK sources

Britain could accept legally-binding assurances on the disputed Irish border backstop that would not require reopening of the EU-UK Brexit deal, diplomatic sources said, signaling a possible shift from Prime Minister Theresa May's official line.


Posted 2019/02/15 14:10:43

Risk of U.S. corporate recession rises as earnings outlook dims

The outlook for Wall Street earnings has deteriorated significantly in recent months, data shows, raising the risk that companies in the United States may slip into recession before its economy does - with Europe close behind.


Posted 2019/02/15 14:02:11

U.S.-China trade talks to resume in Washington next week

Talks between China and the United States to resolve their bruising trade war will resume next week in Washington, with both sides saying this week's negotiations in Beijing made progress.


Posted 2019/02/15 13:55:41

Russia detains U.S. founder of Baring Vostok private equity group

Russia has detained the U.S. founder of the Baring Vostok private equity group in Moscow on suspicion of fraud, a Moscow court said on Friday, a move likely to concern foreign investors.


Posted 2019/02/15 13:53:27

European shares climb after progress in U.S.-Sino trade talks

European shares rose on Friday amid encouraging signs from U.S.-China trade talks, after weak data from both countries sent world stocks into a dive.


Posted 2019/02/15 13:33:44

PepsiCo forecasts surprise drop in profit as it ramps up investments

PepsiCo Inc forecast a surprise drop in full-year profit on Friday, as the snack and beverage company spent heavily on marketing and developing new products in a bid to claw back market share from Coca-Cola Co Inc.


Posted 2019/02/15 13:13:36

Ireland sees end-June as natural limit to any Brexit extension

Any British request to extend Brexit talks would likely be met with a generous response from the European Union provided it came with a plan, and a natural limit to such a request would be the end of June, Ireland's foreign minister said on Friday.


Posted 2019/02/15 12:55:11

China says reached consensus on some key issues during U.S. trade talks

China and the United States reached a consensus in principle on some key issues during trade talks in Beijing, state news agency Xinhua reported on Friday.


Posted 2019/02/15 12:50:25