Reuters

Iran's Rouhani says sanctions may lead to drugs, refugee, bomb 'deluge'

DUBAI (Reuters) - Iranian President Hassan Rouhani predicted a "deluge" of drugs, refugees and attacks on the West if U.S. sanctions weaken Iran's ability to contain them. "I warn those who impose sanctions that if Iran's ability to fight drugs and terrorism...

Saturday, December 8, 2018 - 11:03am

Licking their wounds, fund managers prep for rally in '19

By David Randall NEW YORK (Reuters) - With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at...

Saturday, December 8, 2018 - 10:04am

Merkel protege seeks to unite German CDU after divisive leadership battle

By Paul Carrel HAMBURG (Reuters) - Annegret Kramp-Karrenbauer, the new leader of Chancellor Angela Merkel's Christian Democrats, sought to bind the party together after a divisive leadership battle by promoting a rival's ally to a key...

Saturday, December 8, 2018 - 10:04am

U.S. appeals court will not restore Trump asylum order

By Dan Levine SAN FRANCISCO (Reuters) - A U.S. appeals court handed President Donald Trump a defeat on Friday when it refused to allow his order barring asylum for immigrants who enter the country illegally to take effect, while a court challenge proceeds...

Saturday, December 8, 2018 - 9:08am

China's November export, import growth shrinks, showing weak demand

BEIJING (Reuters) - China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country's growth rate from slipping too much....

Saturday, December 8, 2018 - 9:08am

Huawei arrest stokes fears of China reprisals among America Inc executives

By Fanny Potkin and Adam Jourdan HONG KONG/SHANGHAI (Reuters) - At a closed-door security meeting of U.S. companies in Singapore on Thursday, one topic was high on the agenda: the arrest of a top executive at Chinese tech giant Huawei [HWT.UL] and...

Saturday, December 8, 2018 - 5:50am

Wall Street tumbles, indexes post biggest weekly losses since March

By Lewis Krauskopf (Reuters) - Wall Street's main indexes fell more than 2 percent on Friday in a broad sell-off led by declines in big Internet and technology shares, and posted their largest weekly percentage drops since March as concerns over U.S.-China trade tensions and interest...

Saturday, December 8, 2018 - 2:02am

U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned

By Julie Gordon and Steve Stecklow VANCOUVER/LONDON (Reuters) - Huawei Technologies Co Ltd's chief financial officer faces U.S. accusations that she covered up her company's links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday,...

Saturday, December 8, 2018 - 12:01am

North Carolina elections board identifies 'person of interest' in fraud probe

By John Whitesides (Reuters) - North Carolina's board of elections named political consultant Leslie McCrae Dowless as a person of interest on Friday amid a probe of possible absentee ballot fraud in a disputed U.S. congressional election. The board has refused to...

Friday, December 7, 2018 - 10:01pm

White nationalist convicted of murdering protester in Charlottesville, Virginia

By Gary Robertson Charlottesville, Va. (Reuters) - A white nationalist who drove his car into a crowd protesting against a white supremacist rally in Charlottesville, Virginia, last year, killing one of the counterdemonstrators, was found guilty on...

Friday, December 7, 2018 - 9:03pm

Mueller: ex-Trump campaign chairman Manafort lied to investigators about funds, contacts

WASHINGTON (Reuters) - U.S. President Donald Trump's former campaign chairman Paul Manafort lied to federal investigators about a payment and contacts with Trump administration officials, the U.S. special counsel investigating whether Trump's 2016 campaign colluded with...

Friday, December 7, 2018 - 8:50pm

Drake and Lamar lead but women shine through in Grammy nods

By Jill Serjeant LOS ANGELES (Reuters) - Rappers Kendrick Lamar and Drake led Grammy Award nominations on Friday, but Cardi B, Lady Gaga, Brandi Carlile and American newcomer H.E.R helped make it a female-dominated line-up for the year's top prizes in the music industry...

Friday, December 7, 2018 - 8:04pm

N.Y. federal prosecutors seek prison for former Trump lawyer Cohen

By Brendan Pierson NEW YORK (Reuters) - Federal prosecutors in Manhattan on Friday asked a judge to sentence Michael Cohen, U.S. President Donald Trump's former personal lawyer, to a "substantial term of imprisonment" for paying an adult film star hush money...

Friday, December 7, 2018 - 7:04pm

Exclusive: Amazon targets airports for checkout-free store expansion

By Jeffrey Dastin (Reuters) - Amazon.com Inc <AMZN.O> is looking at bringing its futuristic checkout-free store format to airports in an effort to win business from hungry, time-pressed travelers, according to public records and a person familiar with the strategy...

Friday, December 7, 2018 - 7:04pm

Exclusive: GE's push to fix power turbine problem goes global

By Alwyn Scott NEW YORK (Reuters) - Utilities are shutting down at least 18 of General Electric Co's <GE.N> newest gas turbines for repairs at power plants from Taiwan to France, according to more than a dozen interviews with plant operators and...

Friday, December 7, 2018 - 7:04pm

'Death cross' portends more near-term losses for U.S. stocks, then rebound

By April Joyner NEW YORK (Reuters) - More losses may be ahead for U.S. stocks in the short term, according to an indicator with a fittingly ominous name: the death cross. A chart pattern tracked by technical analysts and other market mavens, a...

Friday, December 7, 2018 - 7:04pm

Fed policymakers signal turning point on U.S. rate-hike path

By Michelle Price and Howard Schneider WASHINGTON/INDIANAPOLIS (Reuters) - The U.S. central bank is flagging a turning point in monetary policy, as a Federal Reserve policymaker on Friday backed interest rate hikes in the "near term" but nodded to...

Friday, December 7, 2018 - 6:51pm

In more staff changes, Trump taps attorney general, U.N. envoy

By Steve Holland and Phil Stewart WASHINGTON (Reuters) - In another senior staff shake-up inside his often turbulent administration, U.S. President Donald Trump said on Friday he has picked the two people he wants to be the next U.S. attorney general and the...

Friday, December 7, 2018 - 5:03pm

Oil prices climb on OPEC-led cuts, but off session highs

By Jessica Resnick-Ault NEW YORK (Reuters) - Oil prices jumped more than 2 percent on Friday as Saudi Arabia and other producers in OPEC, as well as allies like Russia, agreed to reduce output to drain global fuel inventories and support the market...

Friday, December 7, 2018 - 4:06pm

Merkel protege Kramp-Karrenbauer succeeds her as German CDU leader

By Paul Carrel and Madeline Chambers HAMBURG (Reuters) - Germany's Christian Democrats elected Annegret Kramp-Karrenbauer on Friday to replace Angela Merkel as party leader, a decision that moves her into pole position to succeed Europe's most influential leader as chancellor...

Friday, December 7, 2018 - 4:06pm