Yemen’s Houthis strike Saudi airport again
Yemen’s Houthi group carried out new drone strikes on a Saudi airport after a series of air strikes by a Saudi-led coalition against the capital...
Trump reverses course, says ‘of course’ he would report foreign interference
U.S. President Donald Trump on Friday reversed course over whether he would report any foreign interference in a political campaign to U.S. law enforcement, telling...
Trump: Ex-lawyer McGahn ‘may have been confused’ in Russia probe
Former White House lawyer Don McGahn “may have been confused” during his testimony as part of U.S. Special Counsel Robert Mueller’s Russia investigation, President Donald...
Broadcom’s $2 billion warning shocks global chip sector
LONDON/BENGALURU – Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on...
U.S. retail sales rise solidly in May; April data revised up
U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears...
Wall Street to open lower on Broadcom warning, Chinese gloom
Wall Street was set to drop at the open on Friday, as the long-feared hit to global growth from President Donald Trump’s trade war crystallized...
Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month....
Peugeot to start assembling batteries for hybrid, electric cars in Slovakia
French carmaker PSA, owner of the Peugeot, Citroen and DS brands, will start assembling batteries for its hybrid and electric cars at its plant in...
Russian runner suspended for working with banned coach: AIU
Russian runner Artyom Denmukhametov has been provisionally suspended for working with banned coach Vladimir Kazarin, the Athletics Integrity Unit (AIU) said on Friday....
How an Obama Fed appointee is scuttling Wall Street’s bid to ease rules
As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank’s board. Over the past year,...