Top News

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
(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. 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. 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. Reporting by Sonam Rai in Bengaluru; Editing by Anil D'Silva
Mozambique's Cyclone Survivors Face Cholera
2019-03-27 17:36:23 UTC
BEIRA, Mozambique (Reuters) - Dozens of fragile patients poured into a clinic in the wrecked Mozambican port city of Beira on Wednesday, as the government said it had confirmed the first five cases of cholera in the wake of deadly Cyclone Idai. Thousands of people were trapped for more than a week in submerged villages without access to clean water after the cyclone smashed into Mozambique on March 14, causing catastrophic flooding. Relief efforts have increasingly focused on containing outbreaks of waterborne and infectious diseases. In Munhava in central Beira, doctors and nurses at a newly set up treatment center said they are tre...
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>"Black Panther""BlacKkKlansman""Bohemian Rhapsody""The Favourite""Green Book" *WINNER"Roma""A Star Is Born""Vice"<h3> </h3><h3>ACTRESS IN A SUPPORTING ROLE</h3>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">ultranationalist faction</a>, Jewish Home, on Wednesday. Polls suggest that without the alliance one or both...
UK's Theresa May delays vote on Brexit until March 12
2019-02-25 18:01:20 UTC
SHARM EL-SHEIKH, Egypt (Reuters) - Prime Minister Theresa May promised on Sunday to offer lawmakers a vote on her Brexit deal by March 12, the latest delay in her attempt to win approval for a plan to ensure Britain’s orderly departure from the European Union. As the United Kingdom’s labyrinthine Brexit crisis goes down to the wire, May is making a last-ditch effort to get changes to the divorce package but lawmakers may try on Wednesday to grab control of Brexit in a series of parliamentary votes. After the British parliament voted 432-202 against her deal in January, the worst defeat in modern British history, May promised to seek ...
Pope Francis declares “all-out battle” against sexual abuse
2019-02-24 16:59:12 UTC
VATICAN CITY (Reuters) - Pope Francis ended his conference on the sexual abuse of children by clergy on Sunday by calling for an “all-out battle” against a crime that should be “erased from the face of the earth”. In his closing address to the almost 200 Church leaders he had summoned to Rome, Francis said national guidelines on preventing and punishing abuse would be strengthened and the Church’s definition of minors in cases of possession by clergy of pornography would be raised from the current age of 14. At least two Vatican officials have been convicted in recent years of possessing child pornography. Shortly after the confer...
Irish PM, Leo Varadkar rejects a post-Brexit border backstop that includes a time limit
2019-02-24 16:43:17 UTC
SHARM EL-SHEIKH, Egypt (Reuters) - Ireland cannot accept a post-Brexit border backstop that has a time limit or a unilateral exit clause, Prime Minister Leo Varadkar said on Sunday. “We are happy to discuss with the United Kingdom assurances that they may need to give them further confidence that the backstop were it ever applied will not be permanent,” Varadkar told reporters. “We are not playing chicken, we are not playing poker, we are just standing by our position which has been solid since day one,” he said. “A backstop that includes a time limit isn’t a backstop at all, nor would a unilateral exit clause work for us.” <st...
Buffett rebukes Trump for taking credit for US economic growth
2019-02-23 19:58:52 UTC
(Reuters) - Warren Buffett on Saturday appeared to fault U.S. President Donald Trump for taking too much credit for the nation’s economic growth, while acknowledging that market conditions are making it tough for his Berkshire Hathaway Inc to find more big companies to buy. Buffett lamented these states of affairs in his widely read annual letter to Berkshire shareholders. Accompanying the letter was more bad news, that sinking stock prices and a big writedown for the company’s Kraft Heinz Co investment fueled a $25.39 billion fourth-quarter net loss, and caused Berkshire to post its lowest annual profit since 2001. But many of ...
Democrats pursue subpoenas on US migrant family separation policy
2019-02-23 19:35:34 UTC
WASHINGTON (Reuters) - In what is likely to be their first public use of subpoena power since taking over the U.S. House of Representatives in January, Democrats were set to vote on Tuesday on subpoenaing documents on the Trump administration’s migrant family separation policy. If approved, the subpoenas by the House Oversight Committee would show Democrats beginning to invoke the investigative clout they obtained when voters in November handed them majority control of the House and took it away from Republicans. Democrats are initiating a series of investigations of President Donald Trump, his personal finances and business interest...
North Carolina: New election in undecided US House race
2019-02-21 22:04:16 UTC
(Reuters) - North Carolina’s elections board on Thursday unanimously ordered a new election for a U.S. House seat after officials said corruption surrounding absentee ballots tainted the results of last November’s vote. The bipartisan board’s 5-0 decision came after Republican candidate Mark Harris requested a new vote, telling the panel that evidence of possible ballot fraud had undermined confidence in the election. In the televised hearing, board members said “corruption” and the “absolute mess with the absentee ballots” had cast doubt on the fairness of the contest and voters deserved a fresh election. Harris’ request for a ne...
Putin says Russia ready to place new nuclear missile near US territory
2019-02-21 21:52:11 UTC
MOSCOW (Reuters) - Russian President Vladimir Putin said Russia is militarily ready for a Cuban Missile-style crisis if the United States wanted one and threatened to place hypersonic nuclear missiles on ships or submarines near U.S. territorial waters. The Cuban Missile Crisis erupted in 1962 when Moscow responded to a U.S. missile deployment in Turkey by sending ballistic missiles to Cuba, sparking a standoff that brought the world to the brink of nuclear war. More than five decades on, tensions are rising again over Russian fears that the United States might deploy intermediate-range nuclear missiles in Europe, as a landmark Cold ...
Tesla to buy battery tech maker Maxwell Technologies for $218 million
2019-02-04 17:12:26 UTC
(Reuters) - Tesla Inc has agreed to buy energy storage company Maxwell Technologies Inc for $218 million in an all-stock deal that could help the electric car maker produce batteries that hold more energy and last longer at a time when it needs to cut costs and faces growing competition. Tesla is rapidly increasing production of its Model 3 sedan and needs to lower the price to reach a broader customer base than its pure luxury vehicles. Maxwell executives told investors in January that it had developed and patented a “dry electrode” technology that could significantly increase the driving range and reduce the cost of electric vehicl...
Sanders to Ask Why Drug, Once Free, Now Costs $375k
2019-02-04 16:47:41 UTC
WASHINGTON (Reuters) - U.S. Senator Bernie Sanders sent a letter to Catalyst Pharmaceuticals on Monday asking it to justify its decision to charge $375,000 annually for a medication that for years has been available to patients for free. The drug, Firdapse, is used to treat Lambert-Eaton Myasthenic Syndrome (LEMS), a rare neuromuscular disorder, according to the letter, made available to Reuters by the senator’s office. The disorder affects about one in 100,000 people in the United States. The government is intensifying its scrutiny of the pharmaceutical industry and rising prescription drug prices, a top voter concern and a priority...
UK Government Considers Another Brexit Vote
2019-03-27 17:58:22 UTC
LONDON, March 27 (Reuters) - Britain’s government will file a motion to allow parliament to sit on Friday as the government considers bringing another vote in parliament on its Brexit divorce deal, Brexit minister Stephen Barclay said on Wednesday. “The government will later today table a motion for the house to sit this Friday,” Barclay told parliament. “Whist I appreciate it may cause some inconvenience, it is better to have it and not need it than to need it and not have it.” <hr>(Reporting By Elizabeth Piper and Andrew MacAskill)</srtrong><hr>
Venezuela President Maduro Breaks Diplomatic Relations with US
2019-01-23 20:40:45 UTC
CARACAS (Reuters) - Venezuelan President Nicolas Maduro said on Wednesday he was breaking diplomatic relations with the United States, after the Trump administration recognized opposition leader Juan Guaido as the South American country’s interim president. Speaking to supporters outside the Miraflores presidential palace in Caracas, socialist leader Maduro said he would give U.S. diplomatic personnel 72 hours to leave Venezuela, which is suffering from a hyperinflationary economic collapse. Reporting by Caracas Newsroom, Editing by Rosalba O'Brien