Apple shares rally; stocks close mixed

Apple shares rally; stocks close mixed

Apple shares rose after the markets closed Tuesday despite issuing a sales warning. Ahead of that report, the U.S. markets closed mixed.
Reuters

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U.S. is underestimating Huawei, says founder

U.S. is underestimating Huawei, says founder

The U.S. government has temporarily eased trade restrictions imposed last week on China’s Huawei, a move aimed at minimizing disruption for its customers but dismissed by its founder who said the tech firm had prepared for U.S. action.
Police file NZ's first-ever terrorism charge over Christchurch

Police file NZ's first-ever terrorism charge over Christchurch

New Zealand police say they have charged the man accused of murder in shootings at two Christchurch mosques in March with engaging in a terrorist act, the first time such a charge had been brought in the country's history.
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Toyota tries to strike delicate balance in U.S.-China trade war

Toyota tries to strike delicate balance in U.S.-China trade war

Toyota last month announced two deals in China that were small in size but large in strategic planning, as internal documents seen by Reuters show the automaker made careful strategic moves to keep the U.S. on side in the midst of trade tensions.
A bubble looms over China's heartland

A bubble looms over China's heartland

China's policymakers struggle to grapple with a property market, the world's largest, that is crucial for growth yet prone to bubbles springing up in unlikely places.
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Trump tells ex-White House counsel to defy subpoena

Trump tells ex-White House counsel to defy subpoena

U.S. President Donald Trump on Monday told former White House counsel Don McGahn to defy a subpoena to testify before a congressional committee about the Russia investigation, deepening a fight between the administration and Democratic lawmakers. Chris Dignam has more.
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Trump loses lawsuit challenging financials subpoena

Trump loses lawsuit challenging financials subpoena

A U.S. judge on Monday ruled in favor of a U.S. House of Representatives committee seeking President Donald Trump's financial records from his accounting firm, dealing an early setback to the Trump administration in its legal battle with Congress. Jonah Green is on the story.
1min
White House to brief Congress on Iran

White House to brief Congress on Iran

As U.S. President Donald Trump taunts Iran on Twitter, White House officials are preparing to brief members of Congress about the growing tensions in the region. Nathan Frandino has more.
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Huawei fallout worries spark tech sell-off

Huawei fallout worries spark tech sell-off

U.S. stocks slid Monday. As Fred Katayama reports, U.S. restrictions on Huawei Technologies slammed the tech sector.
Apple would be tageted if China retaliates, says Jay Jacobs

Apple would be tageted if China retaliates, says Jay Jacobs

Global X Funds research head Jay Jacobs tells Reuters' Fred Katayama hardware companies like Apple are vulnerable to the U.S.-China trade war, not software firms.
Chicago's first gay, black female mayor is sworn in

Chicago's first gay, black female mayor is sworn in

Chicago's first black female and openly gay mayor Lori Lightfoot took the oath of office on Monday and will now take over a city struggling with violence, crime and weak finances. Colette Luke has more.
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Ford cutting about 10% of global salaried workers

Ford cutting about 10% of global salaried workers

Ford Motor Co said on Monday it will eliminate about 10% percent of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually.
Austria's Kurz seeks to oust far-right minister

Austria's Kurz seeks to oust far-right minister

Austria's two ruling parties agitated to end their coalition on Monday, with the chancellor seeking to oust the interior minister and his far-right coalition partner threatening to quit the teetering government if he does.
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Tajikistan blames Islamic State for deadly prison riot

Tajikistan blames Islamic State for deadly prison riot

Tajikistan has blamed Islamic State militants for a prison riot that killed three prison guards and 29 inmates on Sunday. Dozens of the relatives of inmates are still waiting to find out if their loved ones are among the dead.
1min
French doctors to end care for man in vegetative state in landmark case

French doctors to end care for man in vegetative state in landmark case

Doctors treating French quadriplegic Vincent Lambert, who has been in a deep vegetative state for more than a decade, plan to stop feeding him this week, renewing a furious debate over the right-to-die that has split France and Lambert’s family.
1min
India prepares for Modi return after exit polls

India prepares for Modi return after exit polls

Indians on Monday speculated about the likely return of Prime Minister Narendra Modi after exit polls the previous day showed his Bharatiya Janata Party (BJP) and its allies retaining power with an overwhelming majority.
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U.S. blacklisting of Huawei slams chip stocks

U.S. blacklisting of Huawei slams chip stocks

Shares of U.S. and European chipmakers got hammered Monday amid worries the suppliers of Huawei Technologies may suspend shipments to the Chinese telecom giant.
Oil edges higher as OPEC+ says to stay the course

Oil edges higher as OPEC+ says to stay the course

Oil prices edged up to near multi-week highs on Monday as OPEC indicated it was likely to maintain production cuts that have helped boost prices this year, while escalating Middle East tensions provided further support.
Milkshake thrown on Britain's Farage

Milkshake thrown on Britain's Farage

The leader of Britain's Brexit Party was campaigning for the European parliament elections when a protester hurled the drink at him.
1min
Tata Motors beats forecasts, sees turnaround at Jaguar Land Rover

Tata Motors beats forecasts, sees turnaround at Jaguar Land Rover

India's Tata Motors posted better-than-expected quarterly results on Monday, and says it sees signs of a turnaround at key unit Jaguar Land Rover.
Italy's Salvini threatens legal action as migrants disembark despite ban

Italy's Salvini threatens legal action as migrants disembark despite ban

Forty-five migrants were brought to the Italian island of Lampedusa on Sunday after being transferred from a German charity ship despite an order banning such arrivals by Italian interior minister Matteo Salvini.
1min
U.S., China bicker over trade deal

U.S., China bicker over trade deal

China accused the United States on Monday of harboring “extravagant expectations” for a trade deal, underlining the gulf between the two sides.
Palestinians: not consulted about U.S.-led economic push

Palestinians: not consulted about U.S.-led economic push

The Palestinians have not been consulted about a U.S.-led conference in Bahrain next month designed to encourage international investment in the West Bank and Gaza Strip, Palestinian Prime Minister Mohammad Shtayyeh said on Monday.
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European shares hobbled as worries about Huawei fallout mount

European shares hobbled as worries about Huawei fallout mount

European stocks slipped on Monday as concerns about an escalating fallout from a U.S. crackdown on China's Huawei Technologies offset a slightly more positive tone on trade.
Ryanair profit hits four-year low, warns of further pain

Ryanair profit hits four-year low, warns of further pain

Ryanair reported its weakest annual profit in four years and said earnings could fall further.