China Brokerages Pledge To Buy $19.3 Billion In Shares To Steady Plunging Market
The rout in China's highly leveraged stock market has become a major worry for international investors, who fear a meltdown could further destabilize the global economy.
Austria Finance Minister Says Europe Can Easily Cope Economically With Grexit
Hans Joerg Schelling said Greece would need humanitarian aid in case of "Grexit" but described fears of widespread poverty sweeping Greece as overstated.
France's Hollande Says Ready To Hold New Summit On Boko Haram
Earlier this year, Boko Haram occupied large parts of northeastern Nigeria and was increasingly mounting attacks on neighboring states, prompting the regional leaders into action.
Japan Pledges $6 Billion To Mekong Nations As China Prepares New Bank
China is preparing to launch a new institutional lender, seen as encroaching on the regional clout of Tokyo and ally Washington.
Oregon Marijuana Fans Look To Cash In On New Law
Smoking marijuana recreationally became legal in Oregon on Wednesday. The law opens the way for shops to sell marijuana by next year.
At Least 25 Syrian Al Qaeda Members Dead In Mosque Blast In Syria's Idlib: Monitor
An explosion at a mosque in Syria's Idlib province on Friday killed at least 25 members of the Al Qaeda-linked Nusra Front, the British-based Observatory monitoring group said.
Syrian Army Bombards Rebels Trying To Seize Aleppo
Syrian government forces carried out heavy air strikes on rebel positions in and around the northern city of Aleppo on Friday, aiming to repel a major Islamist-led offensive on areas controlled by President Bashar al-Assad.
Iran Nuclear Talks Approach Endgame, As Negotiators Push On Sticking Points
“We are coming to the end,” says a senior Western diplomat, who added there was no plan to carry on for long past next Tuesday. “Either we get an agreement or we don’t.”
Aetna Nears Deal To Buy Humana For About $34 Billion: Sources
The offer, if it goes through, would make it the largest deal in the insurance industry, dwarfing Anthem Inc.'s acquisition of WellPoint in 2004 for $16.6 billion.
Chargers' Gates Banned Four Games For Positive Test
Antonio Gates has been suspended for the first four games of the 2015 NFL season for using a banned substance
Kentucky Soldier Admits To Taking Bribes In Afghanistan
A U.S. Army soldier stationed at Fort Campbell in Kentucky admitted in federal court that he took $100,000 in cash bribes as well as jewelry from vendors seeking contracts while he was assigned to Bagram Airfield in Afghanistan, prosecutors said.
Thousands Evacuated After Freight Train Derails, Catches Fire, In Tennessee
A freight train carrying flammable and toxic gas derailed in eastern Tennessee, igniting a fire in one car and spreading noxious fumes that forced the evacuation of more than 5,000 people and the hospitalization of 25, officials said.
Asia Stocks Rise For Third Day Though Greece, China Concerns Weigh
Investor sentiment globally is expected to remain cautious in the coming weeks.
US Hiring Seen Solid In June, Keeping September Rate Hike In Play
The U.S. jobless rate is forecast to fall one-tenth of a percentage point back to a seven-year low of 5.4 percent.
Images Show Chinese Airstrip On Man-Made Spratly Island Nearly Finished
China said Tuesday some of its land reclamation in the Spratlys, where it's building seven islands on top of coral reefs, had been completed, although it gave few details.
After Wi-Fi At The Taj, Modi Revives Campaign For 'Digital' India
Prime Minister Narendra Modi urged more companies to make electronic and digital goods on Wednesday, reviving his campaign promise to bridge India's digital divide backed by over $70 billion in investment pledges.
More Than 100 Dead As Militants, Egyptian Army Clash In North Sinai
Egypt's army said on Wednesday more than 100 militants and 17 soldiers were killed after simultaneous assaults on military checkpoints in North Sinai, in the deadliest fighting in years in the restive province.
Markets Rally On Report Greece Accepts Creditor Terms
Greek Prime Minister Alexis Tsipras was prepared to accept creditors' demands for a bailout with only a few minor changes, the Financial Times said.
IndiGo Owner Files For IPO, Seeks To Raise $400 Million
IndiGo, which operates a fleet of 96 planes, is India's biggest airline by market share.
China June Factory, Services Surveys Fuel Hopes Economy Leveling Out, No Quick Rebound Seen
Beijing has rolled out a flurry of stimulus measures since last year but analysts remain wary about the outlook.
Candidate Jeb Bush Bares 33 Years Of Tax Returns In Show Of Transparency
Bush revealed that since the end of his tenure as Florida governor in 2007, his annual income has risen sharply to nearly $7.4 million in 2013 from $260,580 in 2006.
Alibaba Group In Talks To Buy Stake In India’s Paytm: Sources
One source with direct knowledge of the matter said the new deal would see Alibaba directly invest around $600 million for a share in Paytm.
'Brexit' Would Be Disaster For UK Financial Sector: Industry Group
The group's warning about a possible British exit from the EU is one of the strongest yet.
UK Consumer Confidence Surges To 15-Year High In June: GfK
According to market research company GfK, British consumers' mood in June was the most buoyant since January 2000.
Obama Administration Moves To Make Millions Eligible For Overtime Pay
President Obama on Monday announced a proposal that would make nearly 5 million more workers eligible for overtime pay, a move that would touch nearly every sector of the U.S. economy and could face legal challenges.
Falcon Rocket Explosion Leaves SpaceX Launch Schedule In Tatters
The explosion that doomed SpaceX's flight to the ISS Sunday won't make a difference to the astronauts who were waiting for the Falcon 9 rocket to deliver a fresh payload. The team floating above Earth is already stocked with supplies, and is expecting a Russian Soyuz rocket to ferry another round.
Watson Wins Second Travelers Title
Bubba Watson used a second extra hole to hold off Paul Casey in Connecticut.
Greece In Shock As Banks Shut After Creditor Talks Break Down
A default by Greece would set in motion events that could lead to the country's exit from the euro currency bloc.
Fed's Dudley Says September Rate Hike 'Very Much In Play': FT
Dudley, a dovish policymaker, is a close ally of Fed Chair Janet Yellen.
Amazon To Offer Loans To Sellers In China, Seven Other Countries
The service is on an invite-only basis and is not open to all sellers on Amazon's platform.