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Updated: 2 hours 26 min ago

Dollar slams yen and safe-haven status, gold gains

Thu, 2020-02-20 15:46
The rally in U.S. equities took a pause and the strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partner currencies, after a steep slide in the Japanese yen called into question its safe-haven status.
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Exclusive: Sears snags new financial lifeline as losses continue - sources

Thu, 2020-02-20 15:32
U.S. department store operator Sears has reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management LP, as it tries to stabilize after bankruptcy, people familiar with the matter said on Thursday.
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Flare-up in fighting in northwest Syria pulls in Russian, Turkish forces

Thu, 2020-02-20 15:27
Turkish forces and Syrian rebels fought government troops in northwest Syria on Thursday and Russian warplanes struck back in a sharp escalation of an intense battle over the last rebel bastions, Russian and Turkish officials said.
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Merkel, Macron urge Putin to end conflict in Syria's Idlib

Thu, 2020-02-20 15:27
The leaders of Germany and France called Russian President Vladimir Putin on Thursday to express their concern about the humanitarian situation in Syria's Idlib region, urging an end to the conflict there, a German spokesman said.
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Indexes fall, led by tech decline on mounting fears coronavirus could spread

Thu, 2020-02-20 15:21
U.S. stocks fell on Thursday, led down by technology heavyweights, after reports of new coronavirus cases in China and other countries intensified fears over its spread and impact on the global economy.
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Bloomberg presidential campaign reports $409 million in total spending so far

Thu, 2020-02-20 15:18
U.S. Democratic presidential candidate Michael Bloomberg's campaign spent $409 million through January, with most of the money funding a TV advertising blitz, according to campaign disclosures filed on Thursday.
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'Inconspicuous' German shooting suspect kept racist views under wraps

Thu, 2020-02-20 15:05
A man accused of mounting one of post-war Germany's worst racist attacks was described on Thursday as an inconspicuous trained bank clerk who gave few public signs of the views he was quietly recording in a 24-page manifesto.
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Turkish minister says U.S. may send Patriot systems to Turkey to use in Syria's Idlib

Thu, 2020-02-20 15:00
Turkish Defense Minister Hulusi Akar said on Thursday that the United States may send Patriot missile systems to Turkey to use for security in the face of the conflict in northwestern Syria's Idlib region.
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Morgan Stanley's E*Trade deal to test Washington's regulatory mood in election year

Thu, 2020-02-20 14:55
Morgan Stanley's takeover of brokerage E*Trade Financial Corp  reflects a more relaxed regulatory mood in Washington, but it is still a gamble in an election year that will see Democrats continue to shine a spotlight on Wall Street excesses, said analysts.
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Morgan Stanley's Gorman charts ambitious course with $13 bln E*Trade deal

Thu, 2020-02-20 14:55
Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisition by a Wall Street bank since the 2008-2009 financial crisis.
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Exclusive: Westinghouse set to sign pact with Indian firm for nuclear reactors during Trump visit

Thu, 2020-02-20 14:51
U.S. energy firm Westinghouse is expected to sign a new agreement with state-run Nuclear Power Corporation of India for the supply of six nuclear reactors during U.S. President Donald Trump's visit next week, officials said, aiming to kickstart a long-running project.
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Bloomberg gets a lashing from Democrats: Key quotes from a fiery debate

Thu, 2020-02-20 14:22
The top six candidates competing for the Democratic nomination to take on U.S. President Donald Trump in November participated in the ninth presidential debate on Wednesday, with one quickly becoming the focus: Michael Bloomberg.
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Trump adviser Stone sentenced to 3-1/3 years in prison for lying in Russia probe

Thu, 2020-02-20 13:22
A federal judge on Thursday sentenced President Donald Trump's long-time adviser Roger Stone to three years and four months in prison and said his lies to lawmakers investigating Russian interference in the 2016 U.S. presidential election amounted to a threat to American democracy.
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Jurors begin third day of deliberations in Weinstein rape trial

Thu, 2020-02-20 13:19
Jurors weighing rape and sexual assault charges against former movie producer Harvey Weinstein began their third day of deliberations in criminal court in Manhattan on Thursday.
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South Korea city deserted after coronavirus 'super-spreads' in church

Thu, 2020-02-20 13:12
The streets of South Korea's fourth-largest city were abandoned on Thursday, with residents holed up indoors after dozens of people caught the coronavirus in what the authorities described as a "super-spreading event" at a church.
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More coronavirus cases in Iran's Qom; religious gatherings seen at risk

Thu, 2020-02-20 13:12
Iranian health officials urged all religious gatherings to be suspended in Qom, news agency ISNA said on Thursday, after two more people tested positive for the coronavirus in the holy city, where two died of it this week.
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Kazakh governor to seek deportation of Chinese over coronavirus fears

Thu, 2020-02-20 13:12
The governor of a Kazakh province bordering China said on Thursday he would seek the deportation of dozens of Chinese workers to defuse the local population's fears of coronavirus, news website Dalanews.kz reported.
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Wall Street tumbles as coronavirus fears mount

Thu, 2020-02-20 12:29
U.S. stock indexes fell about 1% on Thursday, dragged down by technology heavyweights, as investors fretted over a rise in the cases of coronavirus and its economic impact.
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Ahead of Trump's visit, Indian city cleans the swamp

Thu, 2020-02-20 12:28
U.S. President Donald Trump vowed to "drain the swamp" of lobbyists and elites in Washington D.C. Now, one Indian city is racing to clean up a stagnant river as he prepares to visit.
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Man arrested after non-fatal stabbing inside London mosque

Thu, 2020-02-20 12:24
A man stabbed a 70-year-old muezzin leading prayers inside a London mosque on Thursday and was arrested on suspicion of attempted murder, police and mosque officials said.
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