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U.S. pushes allies to halt Iran oil imports, waivers unlikely
WASHINGTON (Reuters) - The United States has told countries to cut all imports of Iranian oil from November and is unlikely to offer any exemptions, a senior State Department official said on Tuesday as the Trump administration ramps up pressure on a...
GE breakup leaves it with best and worst performers
(Reuters) - General Electric Co said on Tuesday it will spin off its healthcare business and divest its stake in oil-services firm Baker Hughes, effectively breaking up the 126-year-old conglomerate which was once the most valuable U.S. corporation a...
Supreme court backs Trump on travel ban targeting Muslim-majority nations
WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday handed Donald Trump one of the biggest victories of his presidency, upholding his travel ban targeting several Muslim-majority countries and rejecting the argument that it represented unconstit...
U.S. top court backs Trump on travel ban targeting Muslim-majority nations
WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday handed Donald Trump one of the biggest victories of his presidency, upholding his travel ban targeting several Muslim-majority countries and rejecting the idea that it represented unconstitutio...
UK inflation expectations rise to joint-highest level since 2013
LONDON (Reuters) - The British public's expectations for inflation over the next 5-10 years have risen to their joint-highest level since December 2013, and shorter-term price expectations are also on the rise, a monthly Citigroup/YouGov survey...
Who is making money from struggling U.S. malls?
CHICAGO/NEW YORK (Reuters) - With its lonely hallways, half-shut food court and out-of-order restrooms, the River Oaks Center mall in suburban Chicago seems like an unlikely place to make money.
Iran says it can handle fresh sanctions amid unrest reports
LONDON (Reuters) - President Hassan Rouhani promised Iranians on Tuesday the government would be able to handle the economic pressure of new U.S. sanctions amid reports of a second day of demonstrations in protest at financial hardship and a weakenin...
West, Russia face off over empowering chemical weapons body
THE HAGUE (Reuters) - Britain, which has condemned Russia over the nerve agent poisoning of an ex-spy, is pushing to give more teeth to the global chemical weapons watchdog so that it can identify those responsible for attacks with banned toxic subst...
Queen approves Brexit law that will end membership of EU
LONDON (Reuters) - Britain's Queen Elizabeth granted royal assent to Prime Minister Theresa May's flagship Brexit legislation on Tuesday, ending months of debate over the legislation that will formally end the country's European Union...
As investment stalls, auto industry warns PM May: Avert a Brexit car crash
LONDON (Reuters) - Uncertainty over Brexit has halved new investment in the British car industry and Prime Minister Theresa May should urgently change tack to keep the world's fifth largest economy in the EU's customs union, the country...
Illegal immigrant parents not facing U.S. prosecution for now
WASHINGTON (Reuters) - Parents who cross illegally from Mexico to the United States with their children will not face prosecution for the time being because the government is running short of space to house them, officials said on Monday.
GE to spin off healthcare unit, divest Baker Hughes stake
NEW YORK (Reuters) - General Electric Co said on Tuesday it plans to spin off its healthcare business and divest its stake in oil-services company Baker Hughes, leaving the once-sprawling conglomerate focused on jet engines, power plants and renewabl...
Rouhani says Iran will not yield to pressure from Trump
LONDON (Reuters) - President Hassan Rouhani promised Iranians on Tuesday the government would be able to handle the economic pressure of new U.S. sanctions, a day after traders massed outside parliament to protest at a sharp fall in the value of the...
Rouhani says Iran will not give in to pressure from Trump
LONDON (Reuters) - Iranian President Hassan Rouhani lambasted on Tuesday U.S. President Donald Trump’s withdrawal from a deal with Iran on its nuclear program, and said Iranians will not give in to U.S. pressure but would defend their independence an...
Global stocks fall as trade row intensifies, dollar wobbles
TOKYO (Reuters) - World stocks extended a sell-off on Tuesday as escalating trade tussles between the United States and other major economies steered investors away from riskier assets, with markets in China bearing the brunt of investor anxiety.
Global stocks slide on intensifying trade row, dollar wobbles
TOKYO (Reuters) - World stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and other major economies steered investors away from riskier assets, with markets in China bearing the brunt of investor anxiety.
Stocks pummeled on intensifying trade row, dollar wobbles
TOKYO (Reuters) - Global stocks extended a sell-off on Tuesday as an escalating trade fight between the United States and other major economies steered investors away from riskier assets, lifting safe-haven U.S. Treasuries and keeping the dollar on t...
Asia stocks extend global slide on intensifying trade row, dollar shaky
TOKYO (Reuters) - Global stocks extended a sell-off on Tuesday as mounting trade tensions between the United States and other major economies continued to steer investors away from riskier assets, lifting safe-haven U.S. Treasuries and keeping the do...
MPs finally give go ahead to Heathrow runway
LONDON (Reuters) - British lawmakers voted strongly in favour of building a new runway at London's Heathrow Airport on Monday, paving the way for the airport's expansion after decades of delays and policy U-turns.
Movie academy invites 928 new members in diversity push
LOS ANGELES (Reuters) - The group that hands out the Oscars said on Monday that it had invited 928 new members from 59 countries, in its biggest diversity drive after years of criticism of its mostly white and male membership.