NZ officials say White Island volcano remains 'highly volatile'

World News - Wed, 2019-12-11 18:32
New Zealand officials said on Thursday the situation on White Island, the volcanic island where an eruption earlier in the week killed eight people, remains "highly volatile" with the risk of a further eruption over the next 24 hours at 40% to 60%.
Categories: News

Harvey Weinstein reaches tentative $25 million settlement with accusers: NY Times

World News - Wed, 2019-12-11 15:44
Harvey Weinstein and the board of his bankrupt film studio have reached a tentative $25 million settlement with dozens of women who accused the former Hollywood producer of sexual misconduct, The New York Times said https://www.nytimes.com/2019/12/11/us/harvey-weinstein-settlement.html on Wednesday, citing lawyers involved in the negotiations.
Categories: News

Global stocks extend gains after Fed keeps rates on hold; oil falls

World News - Wed, 2019-12-11 15:38
Global equity markets rose on Wednesday after the Federal Reserve indicated interest rates would remain on hold for some time - a positive for risk assets - while oil prices fell after data showed an unexpected increase in U.S. crude inventories.
Categories: News

Two reviews of Trump-Russia probe to have opposite conclusions: official testifies

World News - Wed, 2019-12-11 15:35
Two separate U.S. Department of Justice reviews are likely to reach opposite conclusions about whether the FBI investigation of Donald Trump's 2016 campaign had sufficient cause to look into any ties with Russia, an official watchdog told Congress on Wednesday.
Categories: News

Suu Kyi tells U.N.'s top court charge of Rohingya genocide is 'misleading'

World News - Wed, 2019-12-11 15:32
Myanmar leader Aung San Suu Kyi on Wednesday rejected accusations of genocide committed against her country's Muslim Rohingya minority as "incomplete and misleading", and said the case should not be heard by the U.N.'s highest court.
Categories: News

Fleeing Rohingya on trial in Myanmar for 'illegal travel'

World News - Wed, 2019-12-11 15:32
Dozens of Rohingya Muslims appeared in a Myanmar court on Wednesday to face charges of traveling illegally after they were arrested while fleeing apartheid-like conditions in the country's Rakhine state.
Categories: News

Suu Kyi in court as genocide case set out against Myanmar

World News - Wed, 2019-12-11 15:27
Mass rapes, the burning alive of Muslim Rohingya families in their homes and the killing with knives of dozens of children were described by Gambia's legal team as it set out its genocide case against Myanmar at the U.N.'s highest court on Tuesday.
Categories: News

FAA probes Boeing 737 MAX production, ex-manager warns of 'a factory in chaos'

World News - Wed, 2019-12-11 15:22
The U.S. Federal Aviation Administration said on Wednesday it was investigating production issues at Boeing Co's 737 MAX factory, raised by an ex-manager who warned that schedule pressure and worker fatigue undermined quality and raised safety risks.
Categories: News

Fed keeps interest rates on hold amid 'favorable' outlook

World News - Wed, 2019-12-11 15:10
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.
Categories: News

Instant View: Fed stands pat on rates, expects no change in 2020

World News - Wed, 2019-12-11 15:10
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled borrowing costs are likely to remain unchanged indefinitely, with moderate economic growth and low unemployment expected to continue through next year's presidential election.
Categories: News

Wall Street gains modestly after Fed signals rates to hold steady for some time

World News - Wed, 2019-12-11 15:08
Wall Street's main stock indexes moved modestly higher on Wednesday after the U.S. Federal Reserve held interest rates steady and signaled that borrowing costs are likely to remain unchanged indefinitely.
Categories: News

Motive unclear in deadly New Jersey kosher grocery rampage: officials

World News - Wed, 2019-12-11 15:01
Investigators are not sure why two people launched a deadly attack at a New Jersey kosher grocery store, state officials said on Wednesday, but a federal law enforcement source said the incident did not appear to be an act of organized terrorism.
Categories: News

As U.S. House impeachment looms, Senate, Trump grapple over next moves

World News - Wed, 2019-12-11 14:53
As the U.S. House of Representatives moves closer to impeaching Donald Trump, larger questions loom in the Senate, where the president may be headed for a rare conflict with his Republican allies over how any trial will be conducted.
Categories: News

Gasoline, rents lift U.S. consumer inflation in November

World News - Wed, 2019-12-11 14:41
U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention to keep interest rates steady indefinitely after reducing borrowing costs three times this year.
Categories: News

New Zealand burns surgeons taken to limits of expertise: specialist

World News - Wed, 2019-12-11 14:37
Surgical teams treating dozens of casualties suffering horrific burns after a deadly volcano eruption in New Zealand will be tested to the limits of their expertise, a London-based specialist said on Wednesday.
Categories: News

Europe launches 'Green Deal' as Thunberg denounces climate inaction

World News - Wed, 2019-12-11 14:31
Europe sought to bolster the world's faltering battle against climate change on Wednesday with its "Green Deal" to slash fossil fuel dependence, while teen activist Greta Thunberg rebuked global leaders for dragging their feet.
Categories: News

Factbox: Trump impeachment - What happens next?

World News - Wed, 2019-12-11 14:23
U.S. House Democrats have unveiled two articles of impeachment on Tuesday, charging President Donald Trump with abuse of power and obstruction of Congress in his dealings with Ukraine and the Democratic-led impeachment inquiry that followed.
Categories: News

Traders keep bets on extended Fed policy pause

World News - Wed, 2019-12-11 14:16
U.S. short-term interest rate futures were slightly lower Wednesday after the Federal Reserve held interest rates steady and signaled most policymakers see little chance they will need to tweak borrowing costs until after next year's presidential election.
Categories: News

U.S. government posts $209 billion deficit in November

World News - Wed, 2019-12-11 14:14
The U.S. federal government recorded a $209 billion budget deficit in November as an increase in spending on programs like public health insurance outpaced gains in revenues, the Treasury Department said on Wednesday.
Categories: News

As the U.S. House marches toward impeachment, Senate questions next move

World News - Wed, 2019-12-11 12:34
As the U.S. House of Representatives moves closer to impeaching President Donald Trump, larger questions loom in the Senate, where Trump's Republican allies may not give him the extended trial he would like.
Categories: News
Syndicate content