Volkswagen To Halt Sales Of Most Vehicles In South Korea Amid Emissions Probe
The move comes as the automaker has struggled with a sales slump in the country after it admitted to using software to cheat on emissions tests on some diesel cars.
North Korea 2015 GDP Notches Sharpest Fall In 8 Years As Exports Hobble Growth: South Korea
South Korea’s central bank said trade in the isolated North is expected to worsen this year with international sanctions against the country likely to grow heavier.
Fox News Chief Ailes Resigns After Sexual Harassment Claims
The resignation marks a swift downfall for Roger Ailes, who advised several U.S. Republican presidents and turned Fox News into the most-watched U.S. cable news channel.
JPMorgan To Pay About $200 Million To Settle Asia Hiring Probes
JPMorgan would reportedly likely admit that its hiring practices violated a U.S. law prohibiting giving something of value in exchange for business.
Chinese Anti-Graft Protest Leader Arrested For Taking Bribes: Xinhua
The arrest of Lin Zuluan is the latest move on the core group of Wukan village protest leaders from 2011 whose calls for an uprising attracted global attention.
Sports Court Rejects Russian Appeal Against Olympic Athletics Ban
The ruling by the Court of Arbitration for Sport will be considered by the International Olympic Committee, which will announce its final decision within the next week.
Blockbuster Ratings May Give Fox News Room To Revive After Ailes Exit
Departing founder and CEO Roger Ailes' successor faces the twin challenges of retaining on-air stars and making the network attractive to younger viewers.
Oil Search Bows To ExxonMobil In Battle For InterOil
Australia’s Oil Search has cleared the way for ExxonMobil to take over InterOil for $2.2 billion, giving the U.S. giant access to a rich new gas field to expand its exports from Papua New Guinea.
AB InBev, SABMiller Deal Wins US Approval, Adds Craft Beer Protections
The Department of Justice approval for the $107 billion deal comes with a number of stipulations and is notable after the regulatory authority derailed several potential mergers over antitrust concerns.
UK Gives Up Planned Presidency Of European Council To Focus On Brexit
The move is geared toward focusing on negotiating the country's exit from the European Union.
Prominent Journalist Killed In Car Bomb In Kiev
Pavel Sheremet of the investigative newspaper Ukrayinska Pravda was driving to work in the car of the paper’s owner when it was blown up.
Turkey Carries Out Airstrikes Against Kurdish Militants In Iraq: NTV
The airstrikes, following an attempted coup in Ankara last week, killed 20 militants, broadcaster NTV said.
Cloud Business Boosts Microsoft’s Quarterly Revenue, Shares Rise
The new and growing cloud business is one of the priorities for CEO Satya Nadella, who took the helm of the world’s largest software company in early 2014.
No Retreat From Asia Pivot Regardless Of Who Wins US Presidency: Biden
The U.S. vice president dismissed concerns that Republican nominee Donald Trump would abandon Barack Obama’s strategy for Asia-Pacific if he were to defeat Democratic nominee Hillary Clinton.
After Shootings, Obama Tells Police, 'We Have Your Backs'
In response to a spate of attacks on police, President Barack Obama wrote an open letter thanking law enforcement officials for their "courageous service."
Do Brazilians Even Want To Host The Summer Olympics?
A poll reports that 63 percent of Brazilians think the Olympics will bring more costs than benefits.
Rio Olympics 2016: IOC Delays Decision On Banning Russia From Summer Games
Russia's participation remains in the balance after the International Olympic Committee said it would 'explore legal options' for banning Russia over doping.
Goldman's Profit Jumps As Bond Trading Revenue Rises
The bank, like other Wall Street firms, has been focusing on cutting costs amid concerns about slowing growth.
Volvo Beats Earnings Forecast, Sees US Market Weaken
The Swedish truckmaker reported better than expected second-quarter earnings as cost cuts and rising European sales helped fortify it against slumping U.S. demand.
Indian Kashmir Protests Flare, Three Killed As Army Opens Fire
Indian authorities have imposed a curfew in Muslim-majority Kashmir to control the worst outbreak of violence there in six years.
Asian Shares Dip, Crude Oil Extends Losses
Shares slipped Tuesday as a downturn in crude oil curbed the enthusiasm on Wall Street.
North Korea Fires Three Ballistic Missiles In Show Of Force
The U.S. military said it detected launches of what it believed were two Scud missiles and one Rodong, a home-grown missile based on Soviet-era Scud technology.
Yahoo Reports Lackluster Results As Sale Looms
The internet company also announced a $482 million write-down on the value of Tumblr, the social media service that it acquired in 2013 for $1.1 billion.
French Muslims Fearful After Attack In Nice; Links To ISIS, Islamic State Questioned
"Once the problem was racial discrimination, now it's religious discrimination," says a resident of Ariane, a poor, Muslim suburb of Nice.
Trump Lied About Financial Success? Bankers Dispute His Claims In 'Art Of The Comeback'
Donald Trump, who often says he only likes winners, has admitted he does have at least one particular loss.
US-EU Partnership ‘Unbreakable,’ Kerry Says In Brussels
The U.S. secretary of state said after meeting EU foreign ministers in Brussels on Monday that the cooperation was as intense now as it has ever been.
ExxonMobil Launches Bidding War For InterOil In PNG Gas Push
ExxonMobil has made a bid worth at least $2.2 billion for InterOil and its stake in a rich Papua New Guinea gasfield, topping an offer from Australia's Oil Search.
Oil Prices Rise As Market Shrugs Off Turkey Coup Bid
Buoyant economic data released Friday from the U.S. and China, the world’s two biggest economies, also supported oil prices.
China To Punish Officials For Leadership Failings
The latest effort to improve discipline amid a corruption crackdown especially targets leaders in local anti-graft bodies.
Three Baton Rouge Police Officers Killed By Gunman, Suspect Dead
Three Baton Rouge police officers are killed by a gunman in an ambush. At least one suspect is dead.