Venezuela hit with massive blackout
More than half of Venezuela’s 23 states lost power on Monday (July 22), according to Reuters witnesses and reports on social media, a blackout the...
Australian regulator moves to prescribe stricter terms for executive pay
Australia’s prudential regulator on Tuesday said it intends to prescribe stricter terms on executive pay policies of the country’s large banks, retirement funds and insurers...
ECB, Fed rate cut hopes lift stocks, sterling sags
Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new...
Power traders tackle renewables puzzle in Danish ‘Silicon Valley’
Far from the sprawling financial hubs of London or Frankfurt, high-tech traders in the Danish university city of Aarhus are driving rapid change in European...
India says Modi never asked for Trump to mediate over Kashmir
India denied that Prime Minister Narendra Modi had asked U.S. President Donald Trump to help mediate with Pakistan over the disputed territory of Kashmir, saying...
Oil creeps up as MidEast tensions flare, but gains capped by glum demand outlook
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a...
South Korea fires hundreds of warning shots at Russian military plane in its airspace
The South Korean military fired hundreds of warning shots at a Russian military aircraft that entered South Korean airspace on Tuesday, defense officials in Seoul...
Australia to create new Pacific military unit in bid to woo the region
Australia will create a new military unit dedicated to training and assisting Pacific allies, Defence Minister Linda Reynolds said on Tuesday, as Canberra accelerates plans...
Sanofi signs U.S. rights deal with Roche for flu treatment Tamiflu
French drugs and healthcare group Sanofi said on Tuesday it had signed a rights deal with Roche for the ‘Tamiflu’ product in the United States....
UBS posts surprise second quarter profit boost
UBS on Tuesday beat forecasts with a $1.4 billion net profit for its second quarter of 2019, as gains in its advisory business softened an...