UBS slams French verdict in tax evasion trial

World News - 10 hours 37 min ago
UBS slammed a French court verdict on Wednesday ordering the Swiss bank to pay 4.5 billion euros ($5.10 billion) after finding it guilty of aiding tax evasion.
Categories: News

CVS Health's forecast points to more pain at long-term care business

World News - 10 hours 45 min ago
CVS Health Corp blamed weakness in its long-term healthcare business for a shortfall in its full-year profit forecast, indicating more troubles at the unit it bought about four years ago.
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Southwest cuts growth forecast on government shutdown pain

World News - 10 hours 57 min ago
Southwest Airlines Co cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and a $60 million hit to first-quarter sales from the longest partial U.S. government shutdown.
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UK PM May wants support of her lawmakers in delivering Brexit: spokesman

World News - 10 hours 59 min ago
British Prime Minister Theresa May wants the support of her Conservative lawmakers in delivering Brexit, her spokesman said on Wednesday, after three quit the party over her government's "disastrous handling of Brexit".
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UBS to appeal against French court ruling

World News - 11 hours 6 min ago
Swiss bank UBS will appeal against a French court's ruling that found it guilty of laundering the proceeds of tax evasion, said UBS' general counsel.
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Enough! Thousands decry anti-Semitism in France after spike in attacks

World News - 11 hours 8 min ago
Thousands of people rallied across France after a surge of anti-Semitic attacks in recent weeks that culminated on Tuesday with vandals daubing swastikas and anti-Jewish slogans on dozens of graves in a Jewish cemetery.
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Putin: We'll target USA if Washington deploys missiles in Europe

World News - 13 hours 32 min ago
Russia will respond to any deployment of intermediate-range nuclear weapons in Europe by targeting not only the countries where those missiles are stationed, but the United States itself, President Vladimir Putin said on Wednesday.
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Highlights: Russian President Putin's address to parliament

World News - 13 hours 32 min ago
The following are highlights from Russian President Vladimir Putin's annual address to parliament on Wednesday. The highlights will be continuously updated throughout the speech.
Categories: News

U.S.-China trade hopes extend equity surge; central banks supportive

World News - 13 hours 49 min ago
World stocks hit a four-month high on Wednesday on hopes of progress in trade talks between the United States and China, with a dovish backdrop at major central banks also helping push markets back into the black.
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May in Brussels again, seeking Brexit movement

World News - 13 hours 52 min ago
British Prime Minister Theresa May makes another trip to Brussels on Wednesday, hoping European Commission chief Jean-Claude Juncker may prove more yielding than of late to salvage her Brexit deal.
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Ghosn's new lawyer, 'the Razor', takes aim at Nissan and prosecutors

World News - 13 hours 54 min ago
Carlos Ghosn's new lawyer took aim at Nissan, prosecutors and courts on Wednesday, dismissing the charges against the ousted chairman as an internal company matter and saying Japan was out of step with international norms by keeping his client in jail.
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Amid trade talks, China urges U.S. to respect its right to develop, prosper

World News - 14 hours 37 min ago
The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open wider.
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UK's Hunt says he is hopeful Brexit deal can get done

World News - 15 hours 42 min ago
British foreign minister Jeremy Hunt said on Wednesday that he was hopeful that a Brexit deal could be passed by the British parliament if the government's attorney-general is in a position to change his advice on its implications for the Irish backstop.
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Taiwan says no compromise on democracy after opposition's China peace overture

World News - 15 hours 46 min ago
Taiwan will not accept any deal that destroys its sovereignty and democracy, President Tsai Ing-wen said on Wednesday after the island's opposition KMT party said it could sign a peace deal with China if it wins a presidential election next year.
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Asia shares scale four-and-a-half month peak on hopes of U.S.-China trade deal

World News - 17 hours 14 min ago
Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.
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Trump 'in no rush' on North Korea denuclearization as envoy heads to finalize summit plans

World News - 18 hours 7 min ago
U.S. President Donald Trump said on Tuesday he wants North Korea to end its nuclear program, but has no pressing time schedule for this, as he dispatched his special envoy to finalize preparations for a second summit with North Korean leader Kim Jong Un next week.
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Microsoft expands political security service to 12 European countries

World News - 18 hours 18 min ago
Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and protect customers in political space from hacking.
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Trump aides ignored legal warnings in pushing reactor plan: Democratic report

World News - Tue, 2019-02-19 22:43
Top White House aides ignored repeated warnings they could be breaking the law as they worked with former U.S. officials and a close friend of President Donald Trump to advance a multi-billion-dollar plan to build nuclear reactors in the Middle East, Democratic lawmakers alleged in a report released Tuesday.
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Trump plans to nominate Jeffrey Rosen as Justice Dept. No. 2: senior official

World News - Tue, 2019-02-19 22:24
President Donald Trump plans to nominate Jeffrey Rosen as the next deputy U.S. attorney general, the White House said on Tuesday night, the latest shuffle in the Justice Department at a time when it faces close scrutiny over its Russia investigation.
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UK's Hammond says EU won't consider alternatives to backstop for now

World News - Tue, 2019-02-19 21:04
British Finance Minister Philip Hammond said on Tuesday it was clear the European Union will not now consider alternatives to the Irish backstop to help the UK government win support for its Brexit withdrawal deal, but that such options could be valuable in the future.
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