World stocks drift as investors factor in Fed rate hike
World stock markets drifted Friday as investors increasingly factored in a Fed rate hike soon, based on the brightening U.S. corporate and economic outlook. KEEPING SCORE: European shares were slightly ...
South Africa to withdraw from International Criminal Court
South Africa says a bill to withdraw from the International Criminal Court will soon be submitted in parliament, making it the second country after Burundi to move this week to pull out. Justice Minister ...
British American Tobacco offers to buy Reynolds in $47B dealLONDON (AP) ? British American Tobacco offered Friday to buy Reynolds American Inc. in a $47 billion cash-and-stock deal that would create the world's largest publicly traded tobacco company and bring together brands like Camel, Dunhill, and Newport.
Syrian government opens corridor in Aleppo for evacuationsBEIRUT (AP) ? The Syrian government has opened a corridor for rebels and civilians who want to leave the besieged eastern neighborhoods of the city of Aleppo.
Bangladesh says head of group blamed for cafe siege dead
Pakistan 95-2 at lunch in second West Indies Test
Obama calls for 'big' win to repudiate 'dangerous' Trump
President Barack Obama eviscerated would-be successor Donald Trump Thursday for threatening not to concede if he loses next month's election, calling for a thumping Democratic victory to repudiate his "dangerous" claims of a rigged vote. Trump cast the United States into uncharted political waters by suggesting he may not recognize the result of the November 8 presidential election and could launch a legal challenge if Hillary Clinton wins. "Of course I will accept a clear election result, but I will also reserve my right to contest and file a legal challenge in the case of a questionable result," he said dangling his concession.
UK public finances worsen in September, adding to Hammond's budget headache
Britain's public finances showed a much bigger-than-expected deficit in September, a setback for Chancellor Philip Hammond as he prepares to deliver the country's first budget plans since the Brexit vote. Britain ran a budget shortfall - excluding state-owned banks - of 10.6 billion pounds last month, 14.5 percent higher than the deficit in the same month last year, the Office for National Statistics said on Friday. The deficit was above all forecasts in a Reuters poll of economists, which produced a median forecast of an 8.5 billion-pound shortfall, and could limit Hammond's ability to cushion the blow of the vote in June to leave the European Union through higher spending or tax cuts.
South Africa says bill to withdraw from International Criminal Court soon goes to parliamentJOHANNESBURG (AP) ? South Africa says bill to withdraw from International Criminal Court soon goes to parliament.
Dollar hits seven-month high, stocks set for weekly rise
By Alistair Smout LONDON (Reuters) - Global stocks were set for their first weekly gain in four weeks on Friday and the dollar rose to its highest since March, as the euro came under pressure after the European Central Bank shot down talk of tapering its easy money stance. The euro hit its lowest since March after the ECB left its ultra-loose policy unchanged on Thursday but kept the door open to more stimulus in December. ECB President Mario Draghi also doused recent market speculation that the central bank had discussed winding down its 1.7 trillion euro asset-buying program.