AP Interview: UN envoy says Erdogan ready to deal on Cyprus
NICOSIA, Cyprus (AP) ? Turkish President Recep Tayyip Erdogan is ready to "play ball" on reaching a deal to reunify ethnically divided Cyprus because it would help resolve overarching regional issues including mending Turkey's relations with the European Union, a United Nations envoy said Thursday.
Trump's new tone on immigrant kids divides GOP
WASHINGTON (AP) ? Donald Trump's promise to "work something out" for immigrants brought here illegally as kids is dividing fellow Republicans, underscoring how difficult it will be for Congress to take any action on immigration, whether it's building a wall or dealing with immigrant youths.
U.N.'s Egeland says U.S. and Russia "poles apart" on AleppoBy Tom Miles and Stephanie Nebehay GENEVA (Reuters) - The United States and Russia are "poles apart" in trying to agree the terms for evacuating people from besieged east Aleppo in Syria, U.N. Syria humanitarian adviser Jan Egeland said on Thursday. Five months of negotiations over aid plans have all failed and produced "nothing", Egeland said, adding it was up to the United States and Russia to try to coordinate a deal. As he spoke in Geneva, U.S. Secretary of State John Kerry said after talks in Hamburg with Russian Foreign Minister Sergei Lavrov he was "hopeful" about reaching an agreement with Moscow over Aleppo, but added he was awaiting "certain feedback and input".
Dow hits record high at open
(Reuters) - The Dow inched up to hit a record high at the open on Thursday, helped by gains in financial and energy stocks. The Dow Jones Industrial Average was down 8.02 points, or 0.04 percent, at 19,541.6, the S&P 500 was down 2.23 points, or 0.1 percent, at 2,239.12 and the Nasdaq composite was down 2.54 points, or 0.05 percent, at 5,391.22. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Anil D'Silva)
EU starts legal action against 4 states over VW emissionsBRUSSELS (AP) ? The European Union is starting legal action against Britain, Germany, Spain and Luxembourg for not imposing penalties against Volkswagen for using illegal software to hide vehicle emissions.
Oil rises above $50 despite doubts over OPEC output cut
Oil rebounded from the week's lows to stabilize above $50 a barrel on Thursday as market watchers focused on a weekend meeting of OPEC and non-OPEC producers that may result in an agreement to cut crude output further. Brent and U.S. oil prices gained support earlier from a slightly weaker dollar, but the U.S. currency turned positive as the euro fell on the European Central Bank's decision to extend but reduce its bond-buying program. Oil producers meet in Vienna on Saturday to see whether those outside the Organization of the Petroleum Exporting Countries will cut production to help erase a global supply glut that has depressed prices for more than two years.
ECB to scale back asset buys as it extends to end-2017
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank caught financial markets off-guard on Thursday by announcing it would trim asset buys from April next year, even as it reserved the right to increase purchases again if the euro zone's recovery faltered. The ECB said it would cut monthly purchases to 60 billion euros from the current 80 billion euros but extend the buys until the end of 2017. Markets had expected purchases to stay at 80 billion but only for 6 more months, suggesting a compromise between hawks and doves in the Governing Council.
Highlights: Draghi comments at ECB press conferenceThe European Central Bank kept interest rates steady at a policy meeting on Thursday but unexpectedly cut its asset purchases to 60 billion euros ($65 billion) per month, from the current 80 billion euros. Following are highlights of ECB President Mario Draghi's comments at a press conference after the meeting. WILL 2019 INFLATION PROJECTION OF 1.7 PCT MEET ECB TARGET OF BELOW BUT CLOSE TO 2 PCT?
Emerson, Lake and Palmer founder Greg Lake dies at 69
Greek court rejects extradition for 2 Turkish servicemen
ATHENS, Greece (AP) ? A Greek court on Thursday rejected Turkey's extradition request for the last two of eight Turkish servicemen who fled to Greece after a failed July military coup, their lawyer said.