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Asian shares spooked by rising U.S. yields, cost worries

Reuters News - 1 hour 23 min ago
TOKYO (Reuters) - Asian shares were under pressure on Wednesday, with a rise in U.S. bond yields above the 3 percent threshold and warnings from bellwether U.S. companies of higher costs driving fears that corporate earnings growth may peak soon.
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Shire says willing to recommend Takeda's $64 billion offer to shareholders

Reuters News - 1 hour 24 min ago
LONDON/NEW YORK (Reuters) - London-listed drugmaker Shire Plc said it was willing to recommend a deal with Takeda Pharmaceutical Co to its shareholders, after the Japanese company sweetened its acquisition offer to 46 billion pounds ($64 billion).
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Busloads of migrants from 'caravan' arrive at U.S.-Mexico border

Reuters News - 1 hour 27 min ago
TIJUANA, Mexico (Reuters) - Dozens of Central American migrants from about 600 traveling in a "caravan" through Mexico arrived at the border city of Tijuana late on Tuesday despite warnings it would be futile to try to cross to claim asylum in the United States.
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Shire, Takeda reach breakthrough in $64 billion deal talks

Reuters News - 2 hours 23 min ago
LONDON/NEW YORK (Reuters) - London-listed drugmaker Shire Plc said on Tuesday it was willing to recommend to its shareholders a deal with Takeda Pharmaceutical Co, after the Japanese company sweetened its acquisition offer to 46 billion pounds ($64 billion).
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Rapper Meek Mill freed from U.S. jail after months-long campaign

Reuters News - 2 hours 30 min ago
(Reuters) - Rapper Meek Mill, who had been incarcerated for five months on a probation violation, was released from a Pennsylvania jail on Tuesday, his attorney said, after the state's top court granted him bail, capping a star-laden campaign to have him freed.
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Sixteen people killed in Nigerian church attack: police

Reuters News - 2 hours 39 min ago
LAGOS (Reuters) - Semi-nomadic herdsmen armed with guns killed 16 people on Tuesday in an attack on a church congregation in a central state of Nigeria plagued by communal violence, police said.
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Trump says NAFTA talks going 'nicely,' Canada sees progress on auto rules

Reuters News - 3 hours 1 min ago
WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday a new North American Free Trade Agreement could be agreed on quickly, as Canada hailed progress on forging new rules for the auto industry, the pivotal issue in talks to revamp the 24-year-old accord.
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White House doctor refuses to pull out as Trump's nominee for veterans job

Reuters News - 3 hours 33 min ago
WASHINGTON (Reuters) - U.S. President Donald Trump's physician Ronny Jackson will continue as the nominee to lead the Veterans Affairs department after allegations about his conduct stalled his Senate hearing for the job, a White House official said on Tuesday.
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White House doctor Jackson to fight for VA job: White House official

Reuters News - 4 hours 54 min ago
WASHINGTON (Reuters) - U.S. President Donald Trump's physician Ronny Jackson will not withdraw as the nominee to head the Veterans Affairs department and will fight allegations about his conduct that surfaced ahead of a Senate confirmation hearing, a White House official said on Tuesday.
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U.S. environment agency proposes limits to science used in rulemaking

Reuters News - 5 hours 1 min ago
WASHINGTON (Reuters) - The U.S. Environmental Protection Agency proposed a rule on Tuesday that would limit the kinds of scientific research it can use in crafting regulations, an apparent concession to big business that has long requested such restrictions.
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Trump opens door for Jackson to pull out as nominee for veterans job

Reuters News - 6 hours 13 min ago
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday left open the possibility that his doctor, Ronny Jackson, would withdraw as his pick to lead the Veterans Affairs department after allegations stalled his Senate confirmation hearing.
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Exclusive: Shire, Takeda reach breakthrough in deal talks - sources

Reuters News - 6 hours 25 min ago
(Reuters) - London-listed drugmaker Shire Plc and Japan's Takeda Pharmaceutical Co Ltd plan to announce a preliminary deal on Wednesday, after the latter sweetened its $62 billion acquisition offer, people familiar with the matter said.
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Wall Street slides as high bond yields fan cost worries

Reuters News - 6 hours 33 min ago
NEW YORK (Reuters) - U.S. stocks slid on Tuesday as 10-year Treasury yields hit 3 percent for the first time in four years, stoking concerns over higher borrowing rates for companies already facing rising costs, and as quarterly results failed to deliver positive outlooks.
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Bitcoin climbs to six-week high as market sentiment improves

Reuters News - 6 hours 40 min ago
NEW YORK (Reuters) - Bitcoin rose to a six-week high on Tuesday on positive headlines that included the possible entry of major financial institutions into the space, lifting sentiment on the overall cryptocurrency market.
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Toronto police eye deadly van attack suspect's 'cryptic message'

Reuters News - 7 hours 6 min ago
TORONTO (Reuters) - The man accused of plowing a rental van into pedestrians on a crowded Toronto sidewalk, killing 10 people, in Canada's deadliest mass killing in decades left a "cryptic message" on social media before his attack, police said on Tuesday.
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EPA proposes to bar use of confidential data in rulemaking

Reuters News - 7 hours 7 min ago
WASHINGTON (Reuters) - The Environmental Protection Agency announced a new rule on Tuesday that would stop it from relying on scientific research underpinned by confidential data in its making of regulations.
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Toronto police deadly van attack suspect's 'cryptic message'

Reuters News - 7 hours 17 min ago
TORONTO (Reuters) - The man accused of plowing a rental van into pedestrians on a crowded Toronto sidewalk, killing 10 people, in Canada's deadliest mass killing in decades left a "cryptic message" on social media before his attack, police said on Tuesday.
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Trump and France's Macron seek new measures on Iran as deadline looms

Reuters News - 7 hours 21 min ago
WASHINGTON (Reuters) - President Donald Trump and French President Emmanuel Macron pledged on Tuesday to seek stronger measures to contain Iran, as the U.S. leader considers whether to ditch an international accord meant to prevent Tehran from obtaining a nuclear weapon.
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Express Scripts targets Amgen, Lilly migraine drugs in pricing shift

Reuters News - 8 hours 8 min ago
LOS ANGELES (Reuters) - The largest U.S. manager of prescription benefits is telling drugmakers that the current pricing model is broken, and taking aim at Amgen Inc, Eli Lilly and Co and other makers of new migraine medicines to try and fix it.
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Toronto police seek clues about what sparked deadly van attack

Reuters News - 8 hours 14 min ago
TORONTO (Reuters) - The man accused of plowing a rental van into pedestrians on a crowded Toronto sidewalk in Canada's deadliest mass killing in decades was charged with 10 counts of first-degree murder on Tuesday, as police probed what motivated his rampage.
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