Tearful Theresa May Quits as UK Prime Minister
2019-05-25 03:17:25 UTC
LONDON (Reuters) - Fighting back tears, Theresa May said on Friday she would quit after failing to deliver Brexit, setting up a contest that will install a new British prime minister who could pursue a cleaner break with the European Union.
May’s departure deepens the Brexit crisis as a new leader, who should be in place by the end of July, is likely to want a more decisive split, raising the chances of a confrontation with the EU and potentially a snap parliamentary election.
Former foreign minister Boris Johnson, the favorite to replace May, was first out of the blocks, saying Britain should be prepared to leave the EU without a de...
Elon Musk Says Tesla deliveries Set to Top Record
2019-05-23 15:41:53 UTC
(Reuters) - Tesla Inc is on course to top its record for quarterly deliveries in the second quarter, beating the 90,700 it sent to customers in the final quarter of last year, according to an email from Chief Executive Officer Elon Musk to staff.
Musk’s email, widely posted on social media and authenticated for Reuters by a source familiar with the matter, also said the company had on average produced 900 Model 3 cars per day this week, bringing it closer to a target of 7,000 per week.
Demand for the Model 3 sedan and Tesla’s other cars has moved to the top of investors’ list of concerns around the company after it reported slack fir...
British PM Theresa May 'Expected to Quit Friday'
2019-05-23 05:52:23 UTC
LONDON (Reuters) - British Prime Minister Theresa May is expected on Friday to announce her departure from office, The Times reported, without citing a source.
May will remain as prime minister while her successor is elected in a two-stage process under which two final candidates face a ballot of 125,000 Conservative Party members, the newspaper said.
<I><strong><hr>Reporting by Guy Faulconbridge</I></strong><hr>
Asia Shares Hit 4-Month Low on Risk of Endless Trade War
2019-05-23 05:34:55 UTC
SYDNEY (Reuters) - Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies.
Late Wednesday, Reuters reported the U.S. administration was considering Huawei-like sanctions on Chinese video surveillance firm Hikvision over the country’s treatment of its Uighur Muslim minority, according to a person briefed on the matter.
After the United States placed Huawei Technologies on a trade blacklist last week, British chip designer ARM has halted relations with Huawei in order to comp...
Iraq Could Become An Arena For US-Iran Armed Conflict
2019-05-17 22:02:57 UTC
BAGHDAD (AP) — When U.S. Secretary of State Mike Pompeo sat down with Iraqi officials in Baghdad last week as tensions mounted between America and Iran, he delivered a nuanced message: If you’re not going to stand with us, stand aside.
The message, relayed to The Associated Press by two Iraqi government officials, underscores Iraq’s delicate position: Its government is allied with both sides of an increasingly contentious confrontation.
As tensions escalate, there are concerns that Baghdad could once again get caught in the middle, just as it is on the path to recovery. The country hosts more than 5,000 U.S. troops, and is home to po...
Trump Says Some Auto Imports Threaten National Security
2019-05-17 20:40:13 UTC
WASHINGTON (Reuters) - US President Donald Trump declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to allow for more time for trade talks with the European Union and Japan.
The unprecedented designation of foreign vehicles imported to the United States from some of its closest allies sparked anger from automakers, dealers and foreign governments after a White House document hinted it would seek voluntary export quotas on autos from U.S. trading partners.
European Trade Commissioner Cecilia Malmstroem said on Twitter that “we com...
US Federal Appeals Court: Trump Administration Violated Federal Law
2019-05-17 20:13:17 UTC
RICHMOND, Va. (AP) — A federal appeals court ruled Friday the Trump administration acted in an “arbitrary and capricious” manner when it sought to end an Obama-era program that shields young immigrants from deportation.
A three-judge panel of the 4th U.S. Circuit Court of Appeals ruled 2 to 1 that the Trump administration violated federal law when it tried to end the Deferred Action for Childhood Arrivals program without adequately explaining why. The ruling overturns a lower court ruling a judge in Maryland made last year, which Trump had previously praised via Twitter.
Friday’s ruling will not have any immediate effect as other fed...
Dutchman Travels Across 33 Countries on Electric Car
2019-04-18 22:49:36 UTC
Dutchman Wiebe Wakker on Sunday ended a 95,000 kilometer (59,000 mile) electric car journey that he hoped would show the world the viability of such vehicles.
Wakker arrived in the eastern Australian city of Sydney after driving his retrofitted station wagon nicknamed "The Blue Bandit" across 33 countries including Turkey, Iran, India, Myanmar, Malaysia and Indonesia, with the route determined by the offers he received on his website.
The trip started in the Netherlands and took just over three years. It was funded by public donations from around the globe, including electricity to charge the "Bandit," food and accommodation.
Mueller Report Does Not Exonerate Trump
2019-04-18 22:20:34 UTC
By Sarah N. Lynch and Andy Sullivan
WASHINGTON (Reuters) - Special Counsel Robert Mueller’s report on his inquiry into Russia’s role in the 2016 U.S. election described in extensive and sometimes unflattering detail how President Donald Trump tried to impede the probe, raising questions about whether he committed the crime of obstruction of justice.
Thursday’s release of the 448-page report after a 22-month investigation was a watershed moment in Trump’s tumultuous presidency and inflamed partisan passions ahead of his 2020 re-election bid in a deeply divided country.
Democrats said the report contained disturbing evidence of wron...
Restaurant Dishes Labeled Gluten-Free Often Are Not
2019-04-02 22:07:57 UTC
For people with celiac disease, even tiny amounts of gluten in foods can cause trouble, and restaurants may be the hardest places to avoid the hidden protein, a U.S. study suggests.
More than half of gluten-free pizza and pasta dishes tested in restaurants were positive for the presence of gluten, and overall, about one third of supposedly gluten-free foods had some gluten, researchers report in the American Journal of Gastroenterology.
“The long-suspected problem of gluten contamination in restaurant foods that has been reported by patients likely has some truth behind it,” said senior study author Dr. Benjamin Lebwohl, director of ...
Algeria’s President quits after Six Weeks of Mass Protests
2019-04-02 21:51:36 UTC
ALGIERS (Reuters) - Algeria’s ailing President Abdelaziz Bouteflika resigned on Tuesday, succumbing to six weeks of largely peaceful mass protests driven by youth and pressure from the powerful army against his 20-year rule.
Hundreds took to the streets of the capital after state media announced the 82-year-old’s departure, capping a wave of protests demanding the removal of an aging elite seen by many as out of touch with ordinary people and presiding over an economy riven by cronyism.
Bouteflika’s supporters had sought to stop the dissent by telling Algerians not to return to the dark days in the 90s when some 200,000 were killed i...
Oil Prices Continue to Rise Amid OPEC-Led Supply Cuts
2019-04-02 21:38:57 UTC
NEW YORK (Reuters) - Oil prices on Tuesday hit their highest level so far in 2019, with Brent crude approaching $70 a barrel, on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut.
Brent futures reached a session peak at $69.52 a barrel, the highest since Nov. 13. The global benchmark rose 36 cents, or 0.52 percent, to settle at $69.37 a barrel.
U.S. West Texas Intermediate (WTI) crude rose 99 cents, or 1.61 percent, to settle at $62.58 a barrel, after touching $62.75, its highest level since Nov. 7.
The United States is considering more sanctions against Iran, the ...
Still Unclear How, When or If UK Will Ever Indeed Quit EU
2019-04-02 20:57:13 UTC
LONDON (Reuters) - Prime Minister Theresa May said on Tuesday she would seek another Brexit delay to agree an EU divorce deal with the opposition Labour leader, a last-ditch gambit to break an impasse over Britain’s departure that enraged many in her party.
Nearly three years since the United Kingdom voted to leave the European Union in a shock referendum result, it is still unclear how, when or if it will ever indeed quit the European club it first joined in 1973.
In a hastily arranged statement from her Downing Street office after spending seven hours chairing cabinet meetings on how to plot a way out of the Brexit maze, May said s...
Brexit: EU Prepares For a 'No-Deal' Scenario
2019-03-29 20:39:59 UTC
Theresa May's exit deal failed by 58 votes, and April 12 beckons as a new exit date for the UK out of the EU. More indicative votes are on the table, as the EU prepares for a 'no-deal' scenario.
LONDON (Reuters) - Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it was supposed to quit the bloc.
The decision to reject a stripped-down version of May’s divorce deal has left it totally unclear how, when or even whether Britain will leave the EU, and plunges the three-year Brexit cri...
US Attorney General will Mueller report by mid-April
2019-03-29 20:26:01 UTC
WASHINGTON (Reuters) - U.S. Attorney General William Barr plans to issue a redacted copy of Special Counsel Robert Mueller’s nearly 400-page investigative report into Russian interference in the 2016 election by mid-April, he said in a letter to lawmakers on Friday.
“Everyone will soon be able to read it on their own,” Barr wrote in the letter to the top Democrats and Republicans on the Senate and House Judiciary committees.
He said he is willing to appear before both committees to testify about Mueller’s report on May 1 and May 2.
Mueller completed his 22-month investigation probe into whether President Donald Trump’s campaign co...
U.S. Judge Approves Bankruptcy Loan for PG&E
2019-03-27 18:31:51 UTC
SAN FRANCISCO (Reuters) - Bankrupt California power provider PG&E Corp won court approval on Wednesday for a $5.5 billion loan to help maintain electricity and natural gas delivery and for investments to reduce the risk of wildfires as it reorganizes.
San Francisco-based PG&E filed for Chapter 11 bankruptcy protection in January in the aftermath of devastating wildfires that struck California in recent years, some linked or suspected to be linked to the company’s equipment.
Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco approved the debtor-in-possession loan over objections of a committee representing victims of w...
Facebook Bans White Nationalism and Separatism on Its Platforms
2019-03-27 18:01:14 UTC
<p>(Reuters) - Facebook Inc on Wednesday announced a ban on praise, support and representation of white nationalism and separatism on its social media platforms, furthering its efforts to tackle hate speech. </p><p>These bans will be enforced next week, the social media giant said in a blog <a href="https://newsroom.fb.com/news/2019/03/standing-against-hate">here</a> post. </p><p>Facebook said it would also start connecting people who search for terms associated with white supremacy to organizations focused on helping people leave behind hate groups. </p><p>Reporting by Sonam Rai in Bengaluru; Editing by Anil D'Silva</p>
Chinese Company to Sell Popular Dating App Grindr
2019-03-27 17:54:06 UTC
(Reuters) - Chinese gaming company Beijing Kunlun Tech Co Ltd is seeking to sell Grindr LLC, the popular gay dating app it has owned since 2016, after a U.S. government national security panel raised concerns about its ownership, according to people familiar with the matter.
The Committee on Foreign Investment in the United States (CFIUS) has informed Kunlun that its ownership of West Hollywood, California-based Grindr constitutes a national security risk, the two sources said.
CFIUS’ specific concerns and whether any attempt was made to mitigate them could not be learned. The United States has been increasingly scrutinizing app deve...
Wall Street Bogged Down by Global Growth Worries
2019-03-27 17:53:13 UTC
(Reuters) - Fears of a global economic slowdown weighed on Wall Street’s main indexes on Wednesday, and along with a prolonged inversion in the U.S. yield curve kept investors at bay.
Apple Inc was a bright spot, rising 1.23 percent after three straight days of losses.
The benchmark 10-year Treasury yields slid on Wednesday, but came off 15-month lows reached overnight as investors remained focused on central bank dovishness globally. The inversion, if it persists, could indicate that a recession is likely in one to two years. [US/]
U.S. stocks have been hit by worries of slowing global economic growth since last week following do...
EU: Italy Poses A Threat to Other Euro Zone Countries
2019-02-27 20:27:14 UTC
BRUSSELS (Reuters) - Italy is facing excessive economic imbalances and the policies of its government are making matters worse, posing a threat to other euro zone countries, the European Commission said on Wednesday.
However, the EU executive arm, whose job is to analyze the economic performance of each of the EU’s 28 countries and warn of trouble ahead, said it would wait until it receives Italy’s reform program in April before taking action.
“Italy is experiencing excessive imbalances. High government debt and protracted weak productivity dynamics imply risks with cross-border relevance, in a context of still high level of non-perf...
Scientists' evidence for man-made global warming hits 'gold standard'
2019-02-25 18:33:18 UTC
OSLO (Reuters) - Evidence for man-made global warming has reached a “gold standard” level of certainty, adding pressure for cuts in greenhouse gases to limit rising temperatures, scientists said on Monday.
“Humanity cannot afford to ignore such clear signals,” the U.S.-led team wrote in the journal Nature Climate Change of satellite measurements of rising temperatures over the past 40 years.
They said confidence that human activities were raising the heat at the Earth’s surface had reached a “five-sigma” level, a statistical gauge meaning there is only a one-in-a-million chance that the signal would appear if there was no warming.
Russian TV sends warning to US: We're able to hit you "in less than five minutes"
2019-02-25 18:18:17 UTC
MOSCOW (Reuters) - Russian state television has listed U.S. military facilities that Moscow would target in the event of a nuclear strike, and said that a hypersonic missile Russia is developing would be able to hit them in less than five minutes.
The targets included the Pentagon and the presidential retreat in Camp David, Maryland.
The report, unusual even by the sometimes bellicose standards of Russian state TV, was broadcast on Sunday evening, days after President Vladimir Putin said Moscow was militarily ready for a “Cuban Missile”-style crisis if the United States wanted one.
With tensions rising over Russian fears that the ...
The segregation-era road-trip drama “Green Book” wins best picture at Oscars
2019-02-25 04:57:11 UTC
LOS ANGELES (AP) — The segregation-era road-trip drama “Green Book” was crowned best picture at the Academy Awards, handing Hollywood’s top award to a film seen as a feel-good throwback to some but ridiculed as an outdated inversion of “Driving Miss Daisy” by others.
In a year where Hollywood could have made history by bestowing best-picture on Netflix (“Roma”) or Marvel (“Black Panther”) for the first time, the motion picture academy instead threw its fullest support behind a traditional interracial buddy tale that proved as popular as it was divisive. But Peter Farrelly’s “Green Book” weathered criticism that it was retrograde and ina...
Oscars winners 2019: The full list of winners
2019-02-25 04:32:29 UTC
Los Angeles — Sunday night’s Oscars marked a record-breaking year for recognizing the achievement of black artists. Shattering a record set in 2017, the 91st Academy Awards bestowed trophies to seven black winners in six categories.
The following is a list of nominees and the winners:
<h3>BEST PICTURE</h3><p>"Black Panther"</p><p>"BlacKkKlansman"</p><p>"Bohemian Rhapsody"</p><p>"The Favourite"</p><p>"Green Book" <strong>*WINNER</strong></p><p>"Roma"</p><p>"A Star Is Born"</p><p>"Vice"</p><h3><br></h3><h3>ACTRESS IN A SUPPORTING ROLE</h3><p>Amy Adams...
Netanyahu faces backlash for far-right alliance
2019-02-24 17:22:42 UTC
JERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu has touched off rare criticism from AIPAC, the largest U.S. pro-Israel lobby, over an election alliance with a far-right party loyal to the policies of the late anti-Arab rabbi, Meir Kahane.
Faced with a new merger of centrist parties that opinion polls show might defeat him, Netanyahu engineered the deal between Jewish Power and another <a
href="https://www.haaretz.com/israel-news/.premium-how-netanyahu-rehabilitated-jewish-supremacism-1.6962310"><strong><I>ultranationalist faction</I></strong></a>, Jewish Home, on Wednesday.
Polls suggest that without the alliance one or both...