Russia says targeting banks would be ‘economic war’

Russia says targeting banks would be ‘economic war’

Russia warned the United States on Friday it would regard any U.S. move to curb the activities of its banks as a declaration of economic war.
1min
Reuters

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Tech stocks drag down Wall Street

Tech stocks drag down Wall Street

U.S. stocks ended lower in a choppy trading session on Monday as tech stocks were pressured by lingering worries over interest rates and corporate earnings.
U.S. companies pull out of Saudi conference

U.S. companies pull out of Saudi conference

Ford, BlackRock, JPMorgan Chase and MasterCard are among many U.S. companies that pulled out of the "Future Investment Initiative" conference in Saudi Arabia.
Sears' first bankruptcy hearing

Sears' first bankruptcy hearing

Sears' lawyers attended first bankruptcy hearing in White Plains, New York, after the retailer filed for Chapter 11 bankruptcy.
Japan's Abe pledges sales tax hike in 2019

Japan's Abe pledges sales tax hike in 2019

Japanese Prime Minister Shinzo Abe has pledged to go ahead with an increase in the national sales tax in October next year despite fears it could damage the economy. Francis Maguire reports
Trump sends Pompeo to Saudi over missing reporter

Trump sends Pompeo to Saudi over missing reporter

President Trump is sending Secretary of State Mike Pompeo to Saudi Arabia to find out what happened to journalist Jamal Khashoggi. It comes after a phone conversation with the Saudi king.
2mins
9/11 co-organizer released from German jail, to be deported to Morocco

9/11 co-organizer released from German jail, to be deported to Morocco

Mounir El Motassadeq, a friend of the September 11 hijackers who was sentenced to 15 years in a German prison in 2007 for being an accessory to mass murder, was deported to his native Morocco on Monday (October 15). Matthew Larotonda reports
1min
Why Italy might cook up a new euro debt crisis

Why Italy might cook up a new euro debt crisis

Investors fear Italy's big spending plans could create a new euro zone debt crisis - only much worse than when the world was just worried about Greece, a much smaller economy.
2mins
Canadian students go to college to learn how to grow pot

Canadian students go to college to learn how to grow pot

As Canadians prepare for the legalization of recreational cannabis this week, 24 students are becoming the first in the country to get formal credentials in growing pot.
1min
Merkel vows to regain trust after conservative losses in Bavaria

Merkel vows to regain trust after conservative losses in Bavaria

German Chancellor Angela Merkel says heavy losses for her conservative allies in a Bavarian state election showed that voters had lost trust in government and promised to fight to regain it. Francesca Lynagh reports
2mins
Japan's Abe pledges sales tax hike in 2019

Japan's Abe pledges sales tax hike in 2019

Japanese Prime Minister Shinzo Abe has pledged to go ahead with an increase in the national sales tax in October next year despite fears it could damage the economy. Francis Maguire reports
U.S. tariffs loom at China's biggest trade fair

U.S. tariffs loom at China's biggest trade fair

China's manufacturing might is front and centre at its largest trade expo, the Canton Fair. But, as Samantha Vadas reports, the thousands of exporters who have turned up to show off their goods are facing an uncertain future as a bitter trade war rag
Britain's May says Irish backstop cannot derail Brexit

Britain's May says Irish backstop cannot derail Brexit

British Prime Minister Theresa May is facing growing pressure to rethink her plan for leaving the EU after Brexit talks reached a stand-off at the weekend over the so-called Irish backstop. As Laura Frykberg reports, the crisis has kept sterling nea
U.S. retail sales inch up in September

U.S. retail sales inch up in September

U.S. retail sales barely rose in September as a rebound in motor vehicle purchases was offset by the biggest drop in spending at restaurants and bars in nearly two years.
People killed in flashfloods in southern France, waters rising

People killed in flashfloods in southern France, waters rising

Several months' worth of rain fell in just a few hours overnight in the southwestern Aude district of France.
1min
Italian cabinet to approve budget on Tuesday as EU, markets fret

Italian cabinet to approve budget on Tuesday as EU, markets fret

Italy's cabinet is meeting but the approval of the 2019 budget, which envisages a jump in the deficit that has upset financial markets and drawn criticism from the European Commission, has slipped to Tuesday. As Sonia Legg reports,the government has
Sen. Warren releases DNA test results

Sen. Warren releases DNA test results

Sen. Elizabeth Warren has released the results of a DNA analysis showing she has distant Native American ancestry. Havovi Cooper reports
2mins
Ex-retail titan Sears files for bankruptcy

Ex-retail titan Sears files for bankruptcy

Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday with a plan to close 142 more stores, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of internet shopping.
Flurry of threats hit global markets

Flurry of threats hit global markets

Global shares failed to rebound on Monday as threats such as trade wars, rising U.S. yields, Chinese growth, Brexit and the Italy/EU budget row continued to weigh on markets. As Francis Maguire reports, oil prices also rose as tension over the disapp
SoftBank's Saudi ties unnerve investors as journalist crisis deepens

SoftBank's Saudi ties unnerve investors as journalist crisis deepens

SoftBank Group Corp saw its shares drop on Monday as fallout from the disappearance of a Saudi journalist spread to the Japanese conglomerate, whose nearly $100 billion Vision Fund is almost half financed by Saudi Arabia. As Laura Frykberg reports,
Prince Harry and Meghan expecting first baby

Prince Harry and Meghan expecting first baby

Britain's Duchess of Sussex Meghan Markle, wife of Prince Harry, is pregnant with the couple's first child due in the spring of 2019, Kensington Palace said on Monday.
1min
Brits abroad hope for Brexit summit certainty

Brits abroad hope for Brexit summit certainty

A long-awaited EU summit to finally settle the terms of Britain's departure from the European Union can't come soon enough for many British people living in countries like France.
2mins
Prince Harry and Meghan expecting baby, Kensington Palace says

Prince Harry and Meghan expecting baby, Kensington Palace says

Britain's Duchess of Sussex, wife of Prince Harry, is pregnant with the couple's first child due in the spring of 2019.
1min
Korean Air chief indicted for embezzlement

Korean Air chief indicted for embezzlement

Korean Air Lines Chairman Cho Yang-ho is indicted on charges including embezzlement and breach of trust, adding to a string of woes at the country's biggest airline group.
1min
Turkey has recordings of alleged Saudi murder - paper

Turkey has recordings of alleged Saudi murder - paper

Turkey's investigation into the disappearance of prominent Saudi journalist Jamal Khashoggi has revealed recordings made on his Apple Watch, a Turkish newspaper reported on Saturday, and President Trump vowed "severe punishment" if Saudi's were in...
2mins