Brent Crude Lower On Strong Middle East Oil Output
OPEC’s 13 members meet in Vienna Thursday to set the group’s policy, which is more focused on market share than on influencing prices.
Elton John Tells Russians He Still Wants To Meet Putin To Talk Gay Rights
The British singer was performing in Moscow, where he voiced concerns about AIDS and gay rights in Russia.
Exclusive: Westinghouse To Get New Site For Indian Nuclear Plant - Officials
Toshiba Corp.’s Westinghouse Electric will relocate a planned project to build six nuclear reactors in India, officials told Reuters.
Japan Factory Output Unexpectedly Rises, Economy Still In Low Gear
The better-than-expected data triggered a brief rebound in the yen that pushed the dollar off its one-month high against the Japanese currency.
Brazil’s New ‘Transparency’ Chief Falls In His Own Scandal
Fabiano Silveira, interim President Michel Temer’s corruption watchdog, is accused of interfering in an investigation.
China Courts New Philippine President
President Xi Jinping congratulated Rodrigo Duterte on his election and voiced hope for better relations in the South China Sea.
Netanyahu Open To Reviving Old Peace Plan
Israeli leader says a 2002 Arab League initiative based on the land-for-peace principle could be a framework for talks.
Viacom Directors Fight Move To Oust Them
A leader of the independent faction on the media giant's board doubts Sumner Redstone, 93, is really making decisions.
Lebanon Election Deepens Sectarian Split
A militant Sunni slate won in the city of Tripoli, led by opponents of Hezbollah and the Syrian regime.
ISIS Forces Pushed Back In Libya
A militia that guards oilfields says it has captured the coastal town of Ben Jawad from the the extremist group.
Pilots, Oil Workers Strike As France Seeks Way Out Of Crisis
After more than three months of talks, street protests and strikes in the transport and energy industries, the Socialist government is under pressure to find a solution very soon.
Turkey’s Erdoğan Accuses Russia Of Arming PKK Militants
“At this moment, terrorists are using anti-aircraft guns and missiles supplied by Russia,” a pro-government newspaper reported the Turkish president as saying.
Brother Of Paris Attacker On Trial Over Militant Training
Seven people, ages 24 to 27, face up to 10 years in jail if found guilty of taking part in a terrorist recruitment network and receiving training in Syria from ISIS.
Verizon, Union Agree Pay Raises, New Jobs To End Strike
The Communications Workers of America said Verizon agreed to provide a 10.9 percent raise over four years and 1,400 new jobs.
Hopes And Fears For Jobs As Afghan Cement Factory Reopens
In an area desperately short of jobs, workers hope the relaunch of the plant heralds the revival of an industry shattered by decades of war.
Bangladesh Panel Finds Possible Insider Role In Central Bank Cyber Theft
Hackers broke into the computer systems of the Bangladeshi central bank and issued instructions through the SWIFT network to transfer $951 million of its deposits.
Iraqi Army Storms To Edge Of Islamic State-Held Fallujah; Fresh Bombings Hit Baghdad
As fresh bombings hit Baghdad, the battle for Fallujah is shaping up to be one of the biggest ever fought against the Islamic State group.
Alibaba Tells Vendors To Halt Drug Sales Online, Cites Government Rule Change
Alibaba cited a circular issued by the Hebei province branch of the China Food and Drug Administration on “urgent control measures relating to drug products.”
Japan Puts Military On Alert For Possible North Korea Missile Launch
Japan has put its anti-ballistic missile forces on alert at least twice this year after signs of launches by North Korea.
Philippine Congress Proclaims Duterte Winner Of Presidential Election
Rodrigo Duterte was proclaimed the 16th president of the Philippines in absentia as he was in Davao, his native town in the archipelago nation's south.
Fed's Bullard Says Global Markets Seem Well-Prepared For Summer Rate Hike
St. Louis Federal Reserve President James Bullard added that a rebound in U.S. GDP growth seems to be materializing in the second quarter.
Turkish Shelling Kills 28 Islamic State Fighters North Of Aleppo: TV
Turkey’s military hit 58 Islamic State group targets with artillery and rocket launchers Sunday, in retaliation for the latest attacks against a Turkish border town.
Australia To Auction $11.5 Million Confiscated Bitcoins
Auction organizer Ernst and Young said the bitcoins were "confiscated as proceeds of crime" but declined to identify its client.
South Korea April Department Store Sales Growth At 3-Month High
An extra public holiday in mid-April helped boost sales, which were also underpinned by warmer-than-usual weather, the trade ministry said.
Asia Shares Slip, Dollar Firm After Yellen’s Hike Remarks
MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.25 percent as markets pondered the Fed outlook.
Noble Group Says CEO Yusuf Alireza Resigns, Sells US Energy Unit
Noble came under the spotlight last year when it was accused of overstating its assets by billions of dollars, claims that CEO Yusuf Alireza rejected.
Dollar/Yen Hits 1-Month High After Yellen Builds Rate Hike Expectations
The Fed chair’s rate hike endorsement Friday was just what the currency market was looking for to take the already-bullish dollar yet higher early Monday.
New Credit Card Scrutiny Sends Indonesians Back To Cash
A government decree requiring credit card providers to submit transaction details to the tax office as of May 31 appears to be spooking consumers.
India To Crack Down On Savings Scams As Modi Backs Banking For All
Unscrupulous operators have bilked savers of billions of dollars by running pyramid schemes or promoting questionable investments.
Suncor Energy Says It Is Resuming Operations After Canada Wildfire
The energy company said it would move 3,500 more people from elsewhere in Canada to its facilities north of Fort McMurray, Alberta.