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Shares rise after Fed rate cut, oil prices gain

A gauge of global equity performance rose within 1% of a record high on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend's attacks on Saudi Arabia's oil facilities pose supply risks.


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Posted 2019/09/19 19:14:13

Trump sues Manhattan prosecutor Vance over tax returns linked to criminal probe

Donald Trump sued Manhattan District Attorney Cyrus Vance on Thursday, seeking to void a subpoena for eight years of tax returns related to a criminal probe into the U.S. president and his family business.


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Posted 2019/09/19 19:11:09

Microsoft nudges S&P 500 toward record high

Microsoft and healthcare companies lifted Wall Street on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing.


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Posted 2019/09/19 19:08:38

U.S. cases of vaping-related illness rise to 530 as outbreak widens

U.S. health officials said on Thursday there are now 530 confirmed and probable cases and seven deaths from severe lung-related illnesses tied to vaping, and there are no signs that the outbreak is easing.


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Posted 2019/09/19 18:50:33

U.S., Chinese trade deputies face off in Washington amid deep differences

U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks for the first time in nearly two months on Thursday, as the world's two largest economies try to bridge deep policy differences and find a way out of a bitter and protracted trade war.


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Posted 2019/09/19 18:49:20

Chinese officials to visit U.S. farmland as trade talks continue: U.S. agriculture chief

A Chinese delegation will visit American farm regions with U.S. officials next week in an effort to build goodwill amid ongoing trade negotiations, U.S. Agriculture Secretary Sonny Perdue told reporters on Thursday.


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Posted 2019/09/19 18:49:20

Airbnb plans stock market splash in 2020

In a short statement posted on its website on Thursday, Airbnb did not give any details on how it plans to list its shares, although it is widely expected to take a direct-listing route.


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Posted 2019/09/19 18:35:04

Bird numbers plunge in U.S. and Canada with people to blame

From grasslands to seashores to forests and backyards, birds are disappearing at an alarming rate in the United States and Canada, with a 29% population drop since 1970 and a net loss of about 2.9 billion birds, scientists said on Thursday.


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Posted 2019/09/19 18:08:53

Drugmaker Insys wins bankruptcy court approval to sell off opioid

Drugmaker Insys Therapeutics Inc on Thursday won court approval to sell its flagship fentanyl spray to a buyer who agreed to only market the drug for use by cancer patients, in response to concerns about the product's role in fueling the opioid epidemic.


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Posted 2019/09/19 18:05:21

Trump adviser says U.S. president ready to escalate trade war if no deal agreed soon: SCMP

A trade adviser to Donald Trump has said the U.S. president is ready to escalate the ongoing trade war with China if a trade deal is not agreed soon, the South China Morning Post reported on Thursday.


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Posted 2019/09/19 17:56:04

U.S. consulting with Saudi Arabia on ways to counter threats from north

The U.S. military said on Thursday it was consulting with Saudi Arabia on ways to mitigate threats from the north after Saturday's attack on Saudi oil facilities, which U.S. officials have blamed on Iran.


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Posted 2019/09/19 17:39:05

Embattled Facebook CEO Zuckerberg seeks to mend fences in Washington

Facebook CEO Mark Zuckerberg is meeting with lawmakers on Capitol Hill for a second day on Thursday as part of an effort by the social media giant to mend its reputation as it faces a slew of government investigations.


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Posted 2019/09/19 17:25:24

Huawei talks up own apps with Mate 30 challenge to Apple, Samsung

Huawei [HWT.UL] unveiled its new smartphones to challenge Apple's iPhone 11 on Thursday, talking up slick design and best-in-class features while playing down concerns about the lack of access to Google's popular apps.


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Posted 2019/09/19 17:22:52

Upbeat data suggest U.S. economy still on moderate growth path

The number of Americans filing applications for unemployment benefits increased less than expected last week, pointing to strong labor market conditions that should continue to support an economy growing at a moderate pace.


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Posted 2019/09/19 16:41:31

U.S. building coalition after Saudi oil attack, Iran warns against war

The United States said on Thursday it was building a coalition to deter Iranian threats following a weekend attack on Saudi Arabian oil facilities.


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Posted 2019/09/19 15:34:03

Huawei hails own apps in Mate 30 challenge to iPhone 11

Huawei directly challenged Apple's new iPhone 11 with its new Mate 30 smartphone range on Thursday, highlighting its own apps brand while sidestepping the critical issue of access to Google services.


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Posted 2019/09/19 15:31:33

Trump caps California swing with visit to border wall

President Donald Trump showed off a section of wall along the U.S. border with Mexico on Wednesday in a bid to illustrate his commitment to crack down on illegal border crossings as he raises money in California for his re-election campaign.


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Posted 2019/09/19 15:13:13

Pakistan PM expresses full support to Saudi Arabia after attacks on oil facilities: SPA

Pakistani Prime Minister Imran Khan expressed on Thursday his country's full support to Saudi Arabia following last weekend attacks on the kingdom's oil facilities, the Saudi Press Agency reported.


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Posted 2019/09/19 15:12:27

Military strike against Iran would result in "all-out war": foreign minister

Any U.S. or Saudi military strike against Iran would bring "all-out war", Tehran said on Thursday, keeping up a drumbeat of warnings to its adversaries after they accused the Islamic Republic of a strike on Saudi oil facilities.


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Posted 2019/09/19 15:04:24

Trump sues Manhattan district attorney Vance over subpoenas

U.S. President Donald Trump sued Manhattan District Attorney Cyrus Vance on Thursday over subpoenas issued by the state prosecutor's office.


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Posted 2019/09/19 15:02:58