China urges U.S. away from 'brink' as Trump picks trade weapons

BEIJING/SHANGHAI (Reuters) - China urged the United States on Friday to "pull back from the brink" as President Donald Trump's plans for tariffs on up to $60 billion in Chinese goods moved the world's two largest economies closer to a trade war.


Posted on Fri, 23 Mar 2018 08:06:22 -0400

At least one dead in French supermarket hostage-taking: mayor

TOULOUSE, France (Reuters) - At least one person was killed when a man took hostages in a supermarket in the southwestern French town of Trebes on Friday, the mayor told BFM TV. The station reported that the hostage-taker has claimed allegiance to Islamic State.


Posted on Fri, 23 Mar 2018 08:55:48 -0400

Congress approves $1.3-trillion spending bill, sends to Trump

WASHINGTON (Reuters) - The U.S. Congress voted early on Friday to approve a $1.3-trillion government funding bill with large increases in military and non-defense spending, sending it to President Donald Trump, who was expected to sign it into law.


Posted on Fri, 23 Mar 2018 08:08:38 -0400

Exclusive: Trump official quietly drops payday loan case, mulls others - sources

WASHINGTON (Reuters) - The top cop for U.S. consumer finance has decided not to sue a payday loan collector and is weighing whether to drop cases against three payday lenders, said five people with direct knowledge of the matter.


Posted on Fri, 23 Mar 2018 06:07:58 -0400

Trump picks hardliner Bolton to replace McMaster as national security adviser

WASHINGTON (Reuters) - U.S. President Donald Trump shook up his foreign policy team again on Thursday, replacing H.R. McMaster as national security adviser with John Bolton, a hawk who has advocated using military force against North Korea and Iran.


Posted on Fri, 23 Mar 2018 06:21:22 -0400

GSK pulls out of $20 billion race for Pfizer consumer assets

LONDON (Reuters) - GlaxoSmithKline has quit the race to buy Pfizer's consumer healthcare business, endangering an auction the U.S. drugmaker hoped would bring in as much as $20 billion.


Posted on Fri, 23 Mar 2018 07:47:02 -0400

PM May welcomes confirmed EU Brexit transition offer

BRUSSELS (Reuters) - British Prime Minister Theresa May welcomed on Friday the approval by European Union leaders of a 21-month transition period to help business adapt after Brexit, telling the bloc to ride the "new dynamic" in looming trade talks.


Posted on Fri, 23 Mar 2018 07:24:38 -0400

Europeans to unveil new steps against Russia over UK spy attack

BRUSSELS (Reuters) - European Union member states agreed at a summit in Brussels to take further punitive steps against Russia in the coming days for the nerve agent attack in Salisbury, as Moscow accused the bloc of joining a London-driven hate campaign against it.


Posted on Fri, 23 Mar 2018 08:48:43 -0400

Global stocks slide, yen jumps, as trade war fears grip markets

LONDON (Reuters) - The threat of a global trade war sent stock markets sliding and investors rushing for the safety of currencies like the yen and government bonds on Friday, after U.S. President Donald Trump announced tariffs on up to $60 billion of Chinese goods.


Posted on Fri, 23 Mar 2018 08:23:27 -0400

Video of police shooting unarmed black man sparks protests in Sacramento

SACRAMENTO, Calif. (Reuters) - Newly released video footage of police killing an unarmed black man in a barrage of gunfire in Sacramento, California, left the mayor "horrified" and sparked street protests on Thursday that gridlocked traffic in the state capital for hours.


Posted on Fri, 23 Mar 2018 03:35:03 -0400