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Updated: 3 weeks 5 days ago

Arms seized by U.S., missiles used to attack Saudi Arabia 'of Iranian origin': U.N.

Fri, 06/12/2020 - 11:13
Cruise missiles used in several attacks on oil facilities and an international airport in Saudi Arabia last year were of "Iranian origin," U.N. Secretary-General Antonio Guterres told the Security Council in a report seen by Reuters on Thursday.

World shares stem losses as fresh lockdown fears fade

Fri, 06/12/2020 - 11:11
Global equity markets bounced back on Friday as investors took in stride the U.S. Federal Reserve's outlook for a long road to recovery and bet shutdowns to fight the coronavirus pandemic were unlikely to be reinstated widely.

Exclusive: Trump aims to sidestep another arms pact to sell more U.S. drones

Fri, 06/12/2020 - 11:03
The Trump administration plans to reinterpret a Cold War-era arms agreement between 34 nations with the goal of allowing U.S. defense contractors to sell more American-made drones to a wide array of nations, three defense industry executives and a U.S. official told Reuters.

Wall Street rises after biggest pullback since March

Fri, 06/12/2020 - 11:00
Wall Street's main indexes rose on Friday, after a steep decline in the previous session, but were still on track for their worst week in nearly three months on fears of a rise in new coronavirus infections and economic worries.

Refusing to be silenced, some Myanmar journalists work from shadows

Fri, 06/12/2020 - 10:59
Hiding from Myanmar's police, journalist Aung Marm Oo refuses to conceal his anger with the civilian government led by Nobel Laureate Aung San Suu Kyi as his country prepares for an election later this year.

Anti-China group urges Trump administration to block Chinese companies from U.S. markets: document

Fri, 06/12/2020 - 10:50
An anti-China advocacy group that includes former White House adviser Steve Bannon is calling on the Trump administration to exclude Chinese companies from U.S. financial markets, as the White House studies new ways to crack down on China.

Luxury food industry turns sour amid global coronavirus lockdowns

Fri, 06/12/2020 - 10:25
Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic.

Risk of new lockdowns rises with fear of second COVID-19 wave

Fri, 06/12/2020 - 10:14
Fears of a second wave of COVID-19 infections shut six major food markets in Beijing on Friday, while India, which opened up this week, recorded a record daily increase and half a dozen U.S. states said their hospital beds were filling up fast.

Factbox: Global surge in coronavirus cases raise fears about second wave

Fri, 06/12/2020 - 10:14
A second wave of the coronavirus could derail efforts by governments to reopen economies and ease lockdown restrictions. Here is a rundown of countries and regions with the highest infection rates and measures taken to curb infection rates.

U.S. appeals court skeptical of bid by ex-Trump adviser Flynn to end criminal case

Fri, 06/12/2020 - 10:11
A U.S. appeals court on Friday appeared skeptical of the Justice Department's unprecedented effort to drop a criminal case against President Donald Trump's former adviser Michael Flynn, signaling no quick end to the politically charged prosecution.

Exclusive: Bottlenecks? Glass vial makers prepare for COVID-19 vaccine

Fri, 06/12/2020 - 09:32
Drugmakers are warning of a potential shortage of vials to bottle future COVID-19 vaccines, but their rush to secure supplies risks making matters worse, some major medical equipment manufacturers warn.

Petroleum, food boost U.S. import prices in May

Fri, 06/12/2020 - 09:13
U.S. import prices increased by the most in more than a year in May, driven by higher costs for petroleum products and food, which could further diminish fears of deflation as the economy battles a recession.

U.S. consumer sentiment rises in early June

Fri, 06/12/2020 - 09:13
U.S. consumer sentiment perked up in early June as households responded to the reopening of businesses, which had been shuttered to slow the spread of COVID-19, and a rebound in hiring.

Knocked off their perch: protesters target empire builders, Confederate symbols

Fri, 06/12/2020 - 08:50
Once feted as pioneers, some of the architects of Europe's empire building now face a backlash: anti-racism protesters are demanding their legacies be revisited and their often imposing statues be torn down and consigned to the trash heap of history.

'This is about livelihoods': U.S. virus hotspots reopen despite second wave specter

Fri, 06/12/2020 - 08:45
Facing budget shortfalls and double-digit unemployment, governors of U.S. states that are COVID-19 hotspots on Thursday pressed ahead with economic reopenings that have raised fears of a second wave of infections.

Fears of second U.S. coronavirus wave rise on worrisome spike in cases, hospitalizations

Fri, 06/12/2020 - 08:23
About half a dozen states including Texas and Arizona are grappling with a rising number of coronavirus patients filling hospital beds, fanning concerns that the reopening of the U.S. economy may spark a second wave of infections.

Hong Kong, China governments reject UK 'interference' and 'biased' criticism

Fri, 06/12/2020 - 08:20
The Hong Kong government and China's foreign ministry branch in the city hit back on Friday at a report by Britain criticising Beijing's plans for national security legislation, saying it was "biased" and intervened in internal affairs.

U.S. insurers use lofty estimates to beat back coronavirus claims

Fri, 06/12/2020 - 07:54
U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover.

What rebound? North Dakota in economic crunch as virus batters oil, agriculture

Fri, 06/12/2020 - 07:53
When the novel coronavirus first appeared in the United States, North Dakota was in the envious position of having more money in its state coffers than it had budgeted.

Trump on Juneteenth rally: 'Think about it as a celebration'

Fri, 06/12/2020 - 07:49
President Donald Trump defended his decision to resume campaign rallies next week on a day marking the end of U.S. slavery and at the site of a black massacre 100 years ago, saying it would be a celebration.