UK Floods: David Cameron Defends Flood Investment As Economic Losses Expected To Top $2B
Widespread floods caused by storms Eva and Desmond could hurt small businesses and insurance firms the most.
Russia's Federal Space Agency Dissolved, Responsibilities To Be Transferred To State Corporation
The functions and responsibilities of the agency will now be transferred to the Roscosmos state corporation, which was established earlier this year.
Gonorrhea Could Become Untreatable, UK's Chief Medical Officer Warns
Dame Sally Davies said that rising resistance to new antibiotics in the bacteria increases the risk that gonorrhea may one day become untreatable.
China Fines 7 Foreign Shipping Companies $63M For Price-Fixing
Seven foreign vehicle-shipping companies were fined a total of $63 million after they were found to have colluded to raise shipping costs.
Israel Advances Bill To Impose New Restrictions On Foreign-Funded Nonprofits
A proposed law, given preliminary approval by the Israeli cabinet Sunday, will force the entities to disclose more details about their sources of funding.
Syria Rebel Chief's Death Raises Concerns Over Fate Of Geneva Peace Talks
Zahran Alloush, who headed the Jaish al-Islam group, was killed in an airstrike claimed by the Syrian government.
China-Led Development Bank AIIB Formally Established, To Commence Operations In January
The Asian Infrastructure Investment Bank, with China, India and Russia as its largest shareholders among its more than 50 members, was formally established in Beijing Friday.
Indian PM Narendra Modi To Meet Nawaz Sharif In Pakistan During Brief Surprise Visit
The surprise visit to Pakistan is the first by an Indian prime minister in more than a decade, and it comes just weeks after the two leaders met at the climate-change summit in Paris.
Devastating Oso Landslide Was Not An Anomaly, New Study Shows
The deadliest landslide in American history that occurred in the Washington town of Oso last year was not an anomaly, according to a new study.
Japan Inflation Edges Up In November, But Weak Spending Continues To Weigh On Growth
Consumer prices in Japan climbed a bit for the first time in five months, but the inflation rate remained well below the Bank of Japan’s target of 2 percent.
Turkish Troops In Iraq: Arab League Accuses Ankara Of Threatening Iraq's Sovereignty
The criticism from the 22-member body comes less than a week after Ankara announced it would withdraw troops from northern Iraq.
Video Of Ultra-Orthodox Jews Celebrating Palestinian Baby's Death Stirs Outrage
The video appears to shows several people at a Jewish wedding in Jerusalem mocking the death of an 18-month-old Palestinian baby, who was killed in an arson attack in July.
US Restarts Production Of Plutonium-238 After Nearly 3 Decades To Power Deep Space Missions
With the move coming after almost three decades of inactivity, the federal Energy Department hopes to scale up production to power deep-space missions.
Syria Conflict: US Conducted 'Secret' Backchannel Talks With Bashar Assad Over Several Years, Report Says
However, the backchannel between the White House and Assad’s government was largely limited and failed to gain momentum, according to the Wall Street Journal.
Syria Chemical Attack: Government Forces Accused Of Using Chemical Weapons, Again
Opposition activists accused forces loyal to Syrian President Bashar Assad of using "unidentified chemical weapons" in an attack on a rebel-held Damascus suburb.
Greek Parliament Expected To Vote On Recognition Of The State Of Palestine
The Greek parliament is expected to vote in favor of an independent Palestinian state Tuesday — just days after the foreign affairs committee approved a nonbinding resolution to recognize Palestine.
Donald Trump Defends Putin Again, Says No Proof Russian President Ever Killed Anyone
Reiterating his defense of the Russian president, the GOP front-runner said there is no proof that Vladimir Putin has ever killed journalists and political opponents.
China Air Pollution: Smog Red Alert Spurs Factory Closures In Beijing
As the Chinese capital remains shrouded in a blanket of thick toxic haze, authorities have ordered polluting factories to either reduce production or shut down entirely.
Chinese Think Tank Issues Bleak Growth Forecast, Urges Beijing To Ease Policy Further
Growth in household spending and consumption could be limited to single digits next year, China’s National Development and Reform Commission warned.
Martin Shkreli Arrest: Ex-Turing Pharmaceuticals CEO Remains Defiant, Rejects 'Baseless' And 'Unacceptable' Charges
Just days after his arrest on charges of securities fraud, the former Turing Pharmaceuticals CEO rejected the allegations, calling them “baseless and without merit.”
Ukraine Imposes Moratorium On Repayment Of $3B Loan To Russia
The Ukrainian government insists that it cannot repay the $3 billion it owes Russia without violating a debt-restructuring deal with other international creditors.
GlaxoSmithKline To Buy Bristol-Myers Squibb's HIV Assets For $1.46B
The deals, which include an upfront payment of $350 million, will help the British drugmaker compete with its American rival Gilead Sciences.
Bernie Sanders' Campaign Fires Staffer For 'Unacceptable' Breach Of Clinton's Confidential Voter Information
After the revelation late Thursday, Sanders' access to the party's master voter file was suspended, and his campaign fired its national data director.
US Congress Set To Approve Long-Delayed IMF Reforms Aimed At Increasing Voting Share Of Developing Nations
The reforms, which the Congress is likely to ratify Friday, aim to give emerging economies a greater clout in the International Monetary Fund's policies.
Bank Of Japan Keeps Monetary Policy Unchanged But Announces Surprise Measures To Boost Growth
The central bank kept its monetary policy and stimulus target unchanged, but took other steps to instill confidence in the country's economy.
NASA To Receive $19.3B In 2016 As Congress Boosts Funds For Commercial Crew Program, Planetary Exploration
In its massive $1.1 trillion spending bill, Congress is set to provide the space agency $750 million more than the Obama administration's request.
Turing Pharma CEO Martin Shkreli Arrested For Securities Fraud: Report
Shkreli, 32, was reportedly arrested on charges of securities fraud, stemming from his time as manager of hedge fund MSMB Capital Management and CEO of biopharmaceutical company Retrophin.
Refugee Crisis: Amnesty Accuses Turkey Of Mistreating, Illegally Deporting Asylum-Seekers Back To War Zones
The human rights group said the European Union risks being complicit in the illegal deportations as it recently pledged 3 billion euros to Turkey.
AstraZeneca-Acerta Deal: British Drugmaker To Buy 55% Stake In Cancer Firm For $4B
The deal will give AstraZeneca control of 55 percent of Acerta, and access to a new drug to fight blood cancers and auto-immune diseases.
Canadian Pacific Sweetens Offer For Norfolk Southern, Adds Financial Incentive For Shareholders
The new proposal, made just days after Norfolk's board rejected a previous offer, could provide the railroad company's investors an additional payout of as much as $25 a share.