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North Korea says Kim Jong Un watched successful tactical weapon test

BUSINESS

North Korea says Kim Jong Un watched successful tactical weapon test

It didn't appear to be a test of a nuclear device or a long-range missiles targeting the mainland US, a string of which last year had many fearing war before the North turned to engagement and diplomacy early this year.

Australia refers India to WTO over sugar cane subsidies

BUSINESS

Australia refers India to WTO over sugar cane subsidies

Trade Minister Simon Birmingham says Australia made the WTO referral after previously raising concerns with India over what Canberra says are more than $725 million ($1 billion AUD) in subsidies paid to Indian farmers.

Mideast oil producers buoyed by higher prices, for now: IMF

BUSINESS

Mideast oil producers buoyed by higher prices, for now: IMF

The IMF's regional outlook report published on Tuesday found that the overall fiscal deficit for the Mideast's oil exporters is projected to decline from around $118 billion last year to $41 billion this year, before narrowing to $3 billion in 2019.

Apple expected to unveil new iPads, Mac in New York

BUSINESS

Apple expected to unveil new iPads, Mac in New York

The event is being held at an opera house in Brooklyn, suggesting Apple is pushing products focused on creativity and the arts.

Explosive devices found in mail sent to Hillary Clinton and Barack Obama

WORLD

Explosive devices found in mail sent to Hillary Clinton and Barack Obama

The agency says neither Clinton nor Obama received the packages, and neither was at risk of receiving them because of screening procedures.

China-US ties sinking amid acrimony over trade, politics

BUSINESS

China-US ties sinking amid acrimony over trade, politics

The White House's move to expand Washington's dispute with Beijing beyond trade and technology and into accusations of political meddling has sunk relations between the world's two largest economies to the lowest level since the Cold War.

China's economic growth slows to 6.5% amid trade battle

BUSINESS

China's economic growth slows to 6.5% amid trade battle

The government reported Friday the world's second-largest economy expanded by 6.5 percent over a year earlier in the three months ending in September, down from the previous quarter's 6.7 percent.

Canelo Alvarez inks $365 mn deal with streaming service DAZN

BUSINESS

Canelo Alvarez inks $365 mn deal with streaming service DAZN

Canelo Alvarez is boxing's new $365 million man. Alvarez has signed an 11-fight deal that his promotional company says is the richest athlete contract in sports history, guaranteeing the Mexican middleweight champion at least that much money to have his fights shown on the sports-streaming service DAZN, beginning with his next bout.

Analysis: Trump's Saudi bet has become much riskier

WORLD

Analysis: Trump's Saudi bet has become much riskier

For nearly two years, through an ongoing crisis with Qatar and international outrage over civilian casualties in the Saudi-led campaign against Yemeni rebels, the prince has managed to keep Washington's confidence.

Koreas, US-led UN Command discuss disarming border area

BUSINESS

Koreas, US-led UN Command discuss disarming border area

South Korea's Defense Ministry said the talks at the Panmunjom border village mark the first meeting between the Koreas and the U.N. Command to discuss ways to demilitarize the village's Joint Security Area.

Microsoft co-founder, philanthropist Paul Allen dies at 65

BUSINESS

Microsoft co-founder, philanthropist Paul Allen dies at 65

He was 65. He died in Seattle from complications of non-Hodgkin's lymphoma, his company Vulcan Inc. announced. Gates said he was heartbroken about the loss of one of his "oldest and dearest friends." "Personal computing would not have existed without him," Gates said in a statement.

Saudis reject threats as stocks plunge after Trump comments

BUSINESS

Saudis reject threats as stocks plunge after Trump comments

The warning from the world's top oil exporter came after a turbulent day on the Saudi stock exchange, which plunged as much as 7 percent at one point.

China auto sales sink in September as economy cools

BUSINESS

China auto sales sink in September as economy cools

Sales in the biggest global market fell to 2 million sedans, SUVs and minivans, an industry group, the China Association of Automobile Manufacturers, reported Friday. Demand has weakened as economic growth cooled after Beijing tightened lending controls to rein in a debt boom.

Seoul says Kim Jong Un wants Pope Francis to visit North Korea

BUSINESS

Seoul says Kim Jong Un wants Pope Francis to visit North Korea

South Korea's presidential office said in a statement that Kim told President Moon Jae-in during their summit last month that the pope would be "enthusiastically" welcomed in North Korea.

UK court blocks suit against Google on alleged iPhone breach

BUSINESS

UK court blocks suit against Google on alleged iPhone breach

The legal challenge claimed Google had bypassed privacy settings on the iPhones between August 2011 and February 2012 to scoop up data for advertisers.

General Electric firm buys 5% stake in Abu Dhabi's state driller

BUSINESS

General Electric firm buys 5% stake in Abu Dhabi's state driller

The deal announced on Monday with Baker Hughes values the drilling subsidiary of Abu Dhabi National Oil Co. at around $11 billion.

Paris auto show highlights electric SUVs yet diesel lives on

BUSINESS

Paris auto show highlights electric SUVs yet diesel lives on

Tighter vehicle emissions rules are on the way. Those are among the challenges facing auto executives as they gather this week at the Paris Motor Show to unveil new vehicles and talk about the industry's future.

Hot metal: Electrics, SUVs and supercars mingle in Paris

BUSINESS

Hot metal: Electrics, SUVs and supercars mingle in Paris

The show, held every two years, opens to the public Thursday through October 14 at the Paris Expo Porte de Versailles exhibition center. More than a million people attended in 2016.

ICC says it's investigating corruption in Sri Lankan cricket

BUSINESS

ICC says it's investigating corruption in Sri Lankan cricket

Marshall said the investigations do not involve a pending five-match one-day series, one Twenty20 match and a one-off test between England and Sri Lanka. The one-day series begins Oct. 10 in Dambula, but the teams will play a two-day tour match on Friday and Saturday in Colombo.

Iran Guard launches missiles into Syria over parade attack

WORLD

Iran Guard launches missiles into Syria over parade attack

State television and the state-run IRNA news agency said the attacks "killed and wounded" militants in Syria "east of the Euphrates River," without elaborating. Syrian state media did not immediately acknowledge the strike.

Iran denies Israeli accusation of 'secret atomic warehouse'

WORLD

Iran denies Israeli accusation of 'secret atomic warehouse'

Netanyahu's disclosure which he presented as a big reveal on the international community's biggest stage came four months after Israel announced the existence of what it said was a "half-ton" of Iranian nuclear documents obtained by Israeli intelligence in the Shourabad neighborhood near Tehran.

Iran's politicians under pressure, 40 years after revolution

WORLD

Iran's politicians under pressure, 40 years after revolution

Meanwhile, state television airs moments from a major corruption trial. Welcome to the topsy-turvy world of Iranian politics.

Stop Brexit? UK's Labour party mulls backing new referendum

WORLD

Stop Brexit? UK's Labour party mulls backing new referendum

Ever since Britain voted in 2016 to leave the EU, Labour has said it will respect the result, although it wants a closer relationship with the bloc than the one Prime Minister Theresa May's Conservative government is seeking.

Rising oil prices haven't hurt the US economy so far

BUSINESS

Rising oil prices haven't hurt the US economy so far

It has long been conventional wisdom that rising oil prices hurt the economy by forcing consumers to spend more on gasoline and heating their homes, leaving less for other things. Presumably that kind of run-up would slow the U.S. economy.

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