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Collapse of Trump-Kim summit threatens to deepen U.S.-China rift

News - Fri, 05/25/2018 - 07:25
BEIJING (Reuters) - U.S. President Donald Trump's cancellation of a summit with North Korean leader Kim Jong Un threatens further strain on U.S.-China ties amid a trade dispute that had been intertwined with Beijing's pressure on isolated Pyongyang.

EU may not enforce its rules on Italy, but financial markets will

News - Fri, 05/25/2018 - 07:19
BRUSSELS (Reuters) - EU officials will probably not do much to enforce their borrowing rules on Italy's new government, but they are hoping they won't have to because financial markets will do the job for them.

Maduro's tweeters, activists cash in on Venezuela election win

News - Fri, 05/25/2018 - 07:13
CARACAS (Reuters) - Tweeted support for Venezuelan President Nicolas Maduro's re-election? There could be a reward of 350,000 bolivars for you.

Movie producer Weinstein surrenders on sex assault charges

News - Fri, 05/25/2018 - 07:03
NEW YORK (Reuters) - Film producer Harvey Weinstein surrendered on Friday to authorities at a New York City police station on sex crime charges, months after he was toppled from Hollywood's most powerful ranks by scores of women accusing him of misconduct.

OPEC, Russia prepared to raise oil output under U.S. pressure

News - Fri, 05/25/2018 - 06:37
ST PETERSBURG/DUBAI (Reuters) - Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, while OPEC's chief said a complaint from U.S. President Donald Trump over high prices had triggered the idea of upping output.

Exclusive: China Inc tightens reins on debt, raises specter of slowdown

News - Fri, 05/25/2018 - 06:26
SHANGHAI/BENGALURU (Reuters) - Debt growth for Chinese companies has slowed to the lowest rate in more than a decade, according to Reuters analysis, which could provide relief for policymakers worried about the fallout from years of loose lending practices across the economy.

Exclusive: Blacklisted fan bypasses Russia's World Cup security system

News - Fri, 05/25/2018 - 06:09
MOSCOW (Reuters) - A soccer fan blacklisted by Russian authorities for bad behavior was granted a document allowing him to attend World Cup matches, while several other fans have skirted a stadium ban, Reuters has found.

Two men set off bomb in restaurant in Canada; 15 wounded

News - Fri, 05/25/2018 - 06:05
TORONTO (Reuters) - Two unidentified men walked into a restaurant on Thursday in the Canadian city of Mississauga and set off a bomb, wounding more than a dozen people, local police said.

New privacy law forces some U.S. media offline in Europe

News - Fri, 05/25/2018 - 05:36
LONDON (Reuters) - Major U.S.-media outlets including the LA Times and Chicago Tribune were forced to shutter their websites in parts of Europe on Friday following the roll out of stringent new privacy regulations by the European Union.

Meghan Markle makes gold sales sparkle

News - Fri, 05/25/2018 - 05:28
NEW YORK (Reuters) - The Meghan Markle effect has spread to yellow gold jewelry, helping boost United States sales in the first quarter of 2018 with further gains expected, jewelers said.