Reuters

Wall Street dragged down by fall out from Turkey's plunging lira

By Stephen Culp NEW YORK (Reuters) - U.S. stocks dropped on Monday as global jitters from Turkey's plummeting currency spread to Wall Street, with the S&P 500 and...

Monday, August 13, 2018 - 8:06pm

Bill asks Pentagon to examine more options for stopping North Korean missiles

By Mike Stone WASHINGTON (Reuters) - A bill signed by President Donald Trump on Monday asks the Pentagon to pursue more options for defeating U.S.-bound North Korean missiles by using radar and more missiles to spot and shoot down inbound threats...

Monday, August 13, 2018 - 7:33pm

U.S. economy seen strong in 2018, to slow in 2019: CBO

WASHINGTON (Reuters) - U.S. economic growth will probably accelerate this year before slowing in 2019 to well below the Trump administration's 3 percent target as a fiscal stimulus fades, congressional researchers projected on Monday. In an updated economic...

Monday, August 13, 2018 - 7:33pm

Tesla's slow disclosure raises governance, social media concerns

By Michelle Price and Jessica DiNapoli WASHINGTON (Reuters) - Tesla Inc’s <TSLA.O> handling of Chief Executive Elon Musk's proposal to take the carmaker private and its failure to promptly file a formal disclosure has raised governance concerns and...

Monday, August 13, 2018 - 7:13pm

U.S. rests its case against former Trump aide Manafort

ALEXANDRIA, Va. (Reuters) - U.S. prosecutors on Monday rested their case against former Trump campaign chairman Paul Manafort after 10 days of testimony detailing how he avoided taxes on at least $16 million of income and lied to banks to maintain an extravagant lifestyle...

Monday, August 13, 2018 - 7:04pm

Turkish lira pulls back from record low, markets rattled

By Daren Butler and Nevzat Devranoglu ISTANBUL/ANKARA (Reuters) - Turkey's lira pulled back from a record low of 7.24 to the dollar...

Monday, August 13, 2018 - 7:04pm

World equities slip on Turkey currency woes

By David Randall NEW YORK - Turkey's worsening currency crisis sent...

Monday, August 13, 2018 - 6:34pm

U.S. judge allows Mueller case against Russian company to proceed

WASHINGTON (Reuters) - A U.S. judge on Monday backed Special Counsel Robert Mueller in the federal Russia investigation, allowing a case to proceed against a Russian company accused of helping fund a propaganda operation to sway the 2016 presidential election in...

Monday, August 13, 2018 - 5:42pm

Yemen buries children killed by air strike, Riyadh insists raid 'legitimate'

SAADA, Yemen (Reuters) - Thousands of mourners on Monday buried dozens of children killed in a Saudi-led coalition air strike on a bus in northern Yemen, one of the deadliest attacks on civilians in the...

Monday, August 13, 2018 - 5:36pm

Oil edges lower as Cushing build adds to demand fears

By Stephanie Kelly NEW YORK (Reuters) - Oil prices fell on Monday after data suggested inventories at the U.S. crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel...

Monday, August 13, 2018 - 5:23pm

Afghanistan forces beef up defense of flashpoint city

By Hamid Shalizi and Rupam Jain KABUL (Reuters) - Afghan security forces backed by U.S. advisers and air strikes fought on Monday to drive Taliban fighters out of the flashpoint city of Ghazni, where hundreds of people have been killed or wounded...

Monday, August 13, 2018 - 5:13pm

Italy refuses safe harbor to migrant ship, Spain also reluctant

By Antonio Denti ON BOARD THE AQUARIUS (Reuters) - Italy on Monday denied safe harbor to 141 people rescued by a humanitarian ship off the coast of Libya last week, setting up another standoff with European Union allies over taking in...

Monday, August 13, 2018 - 4:16pm

Low turnout in Mali election due to security fears, opposition charges fraud

By Tiemoko Diallo BAMAKO (Reuters) - Voters stayed away in droves from Mali's run-off presidential election due to fears over security and...

Monday, August 13, 2018 - 4:02pm

Amicus sets $315,000 price for new Fabry disease treatment

(Reuters) - Amicus Therapeutics <FOLD.O> on Monday set an average price of $315,000 per year for its newly approved Fabry disease treatment, a price it believes is below that of the main existing treatment in the United States. Galafold - approved on...

Monday, August 13, 2018 - 12:14pm

Merkel, Putin to discuss Syria, Ukraine and energy

BERLIN (Reuters) - Chancellor Angela Merkel and President Vladimir Putin will discuss the war in Syria, the conflict in east Ukraine and a disputed pipeline to bring Russian gas to Germany during talks near Berlin on Saturday, a German government spokesman said...

Monday, August 13, 2018 - 12:14pm

Saudi cuts oil output as OPEC points to 2019 surplus

By Alex Lawler LONDON (Reuters) - OPEC on Monday forecast lower demand for its crude next year as rivals pump more and said top oil exporter Saudi Arabia, eager to avoid a return of oversupply, had cut production. In a monthly report, the...

Monday, August 13, 2018 - 12:14pm

Tourists find silver lining in Turkey's lira crash

ISTANBUL (Reuters) - Visitors to Turkey flocked to its high-end shops to snap up bargains on Monday, their purchasing power buoyed by a currency crisis as the country's lira sank to a record low beyond 7 per dollar. Barely moving lines of...

Monday, August 13, 2018 - 12:14pm

That sinking feeling? Sterling traders prepare for Brexit meltdown

By Tommy Wilkes, Ritvik Carvalho and Tom Finn LONDON (Reuters) - Having sunk to 13-month lows, sterling could fall by up to another 10 percent in the coming months should Britain crash out of the European Union without a deal on future trade ties, luring...

Monday, August 13, 2018 - 12:14pm

Iran's Khamenei rejects Trump offer of talks, chides government over economy

By Parisa Hafezi ANKARA (Reuters) - Iran's Supreme Leader on Monday rejected U.S. President Donald Trump's offer of unconditional talks to improve bilateral ties and he also accused the Iranian government of economic...

Monday, August 13, 2018 - 12:14pm

Illegal fishing, harm to Amazon forest linked to tax havens: study

By Alister Doyle OSLO (Reuters) - Scientists called on Monday for greater transparency over the use of tax havens by companies involved in activities that have harmed the world's oceans and the Amazon rainforest. In a study published...

Monday, August 13, 2018 - 12:14pm