Reuters

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Reliance to resume Venezuela oil loadings, says actions compliant to US sanctions

A spokesperson for Reliance said on Wednesday it has been supplying Venezuela with fuels, including diesel, permitted under US sanctions in exchange for the refined products.

Oct 10, 2019

White House refuses to cooperate in 'illegitimate, unconstitutional' impeachment inquiry

Hours after the administration abruptly blocked a key witness from testifying, White House lawyer Pat Cipollone criticized the decision to proceed with an impeachment inquiry without a full House vote.

Oct 9, 2019

US blacklists 28 Chinese entities amid tense atmosphere; quick trade deal unlikely

The move by the US Commerce Department could deepen divisions between Washington and Beijing at a critical juncture in their 15-month trade war.

Oct 8, 2019

HSBC to cut up to 10,000 jobs in drive to reduce costs: Report

HSBC could announce the beginning of the latest cost-cutting drive and job cuts when it reports third-quarter results later this month.

Oct 7, 2019

Second whistleblower comes forward in Trump-Ukraine scandal; impeachment case strengthened

The emergence of a second protected witness complicates efforts by Trump and his supporters to dismiss the complaint as politically motivated hearsay and may strengthen the Democrats' case against him.

Oct 7, 2019

House Democrats subpoena White House for documents in Trump impeachment probe

The chairmen of three House of Representatives committees said they want documents related to a July 25 phone call between Trump and Ukrainian President Volodymyr Zelenskiy that is at the heart of their inquiry.

Oct 5, 2019

Softbank's technology investment fund plans hit by WeWork debacle

Major investors have yet to sign on, leaving a $38 billion pledge from publicly traded Softbank Group itself as the only large commitment.

Oct 4, 2019

Trump calls for China to investigate Joe Biden amid impeachment inquiry

The Republican president said he believed both China and Ukraine should look into 2020 presidential hopeful Biden and his businessman son Hunter, and described the impeachment probe as "crap".

Oct 4, 2019

US widens trade war; slaps 25 percent tariffs on European goods, 10 percent on Airbus

But no tariffs will be imposed on EU-made aircraft parts used in Airbus' Alabama assembly operations or those used by rival US planemaker Boeing Co, safeguarding US manufacturing jobs.

Oct 3, 2019

North Korea fires submarine-launched ballistic missile after US nuclear talks announcement

South Korea's military said the missile was launched from around Wonsan, the site of one of North Korea's military bases on the east coast, towards the sea.

Oct 2, 2019

More than 1,600 die in India's heaviest monsoon season for 25 years

The extended rains have wreaked havoc, with northern Uttar Pradesh and Bihar being the worst hit in the latest spell of intense downpours, killing 144 people since last Friday.

Oct 2, 2019

Oil prices could spike 'unimaginably high', says Saudi crown prince warning Iran

If the world does not take a strong and firm action to deter Iran, we will see further escalations that will threaten world interests.

Sep 30, 2019

Afghanistan election sees one in five voters cast ballot - unofficial estimate

There were 9.67 million registered voters, meaning roughly one in five cast their ballot.

Sep 29, 2019

Japan promotes China as bigger threat than nuclear-armed North Korea

Japan has raised defence spending by a tenth over the past seven years to counter military advances by Beijing and Pyongyang, including defences against North Korean missiles which may carry nuclear warheads.

Sep 27, 2019

Whistleblower report on Trump's abuse of power points to White House coverup

The whistleblower said White House officials intervened to shift records of the controversial phone call from the computer system on which they would normally be stored.

Sep 27, 2019

Ex-French President Jacques Chirac passes away

Former French president Jacques Chirac, who led France from 1995 to 2007, died on Thursday.

Sep 26, 2019

Govt's big corporate tax cut unlikely to spur job bonanza

While the tax rate cut brings the cost of doing business in India into line with its main Asian rivals, the government giveaway will do little to fix the lack of spending power, economists say.

Sep 26, 2019

Trump slams formal impeachment inquiry announcement, calls it 'Witch Hunt garbage'

House Speaker Nancy Pelosi announced the inquiry after a closed-door meeting with Democratic lawmakers, saying Trump's actions undermined national security and violated the US Constitution.

Sep 25, 2019

Boris Johnson acted unlawfully by suspending parliament, rules UK Supreme Court

The United Kingdom court said that Boris Johnson has acted unlawfully when he advised Queen Elizabeth to suspend parliament just weeks before Brexit

Sep 24, 2019

How corporate tax cut will boost smartphone manufacturing in India

India slashed its headline corporate tax rate to 22% from 30% on Friday in a surprise gambit aimed at wooing manufacturers and boosting investment.