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Updated: 19 min 25 sec ago

Global stocks dip as 'Christmas rally' proves elusive, oil rises

December 17, 2018 - 10:56am
Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent global stocks near 17-month lows.
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UK's May says rescheduling Brexit vote in parliament for mid-Jan

December 17, 2018 - 10:50am
British Prime Minister Theresa May said on Monday that she intended to re-schedule a delayed vote in parliament on her Brexit plan in the week starting on Jan. 14.
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Wall Street drops 1 percent as health stocks weigh; Nasdaq erases 2018 gains

December 17, 2018 - 10:23am
Wall Street slid 1 percent on Monday, led by healthcare stocks after a federal ruling that Obamacare was unconstitutional, with the decline in the market-leading sector further unnerving investors already concerned about slowing global growth.
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China, EU lambast United States for miring WTO in crisis

December 17, 2018 - 9:19am
The United States came under fire from China and the European Union on Monday, accused by both major trading partners of taking protectionist measures and bringing the World Trade Organization (WTO) to its knees.
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China says U.S. has brought back 'the ghost of unilateralism' to WTO

December 17, 2018 - 9:19am
China said on Monday that the Trump administration's trade measures on items from steel to intellectual property taken under the guise national security were "bringing back to life the ghost of unilateralism".
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Standoff over Trump border wall puts U.S. Congress in budget 'pickle'

December 17, 2018 - 9:06am
President Donald Trump and Congress, embroiled in a feud over his proposed U.S.-Mexico border wall, have only five days to reach a deal before a partial government shutdown could leave about a quarter of the federal workforce without paychecks.
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Bitcoin climbs above $3,400, headed for biggest daily rise in nearly three weeks

December 17, 2018 - 9:01am
Bitcoin rose sharply on Monday, climbing above $3,400 in a move traders ascribed to heavy buying on Japan and Hong Kong-based exchanges.
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Factbox: What do British politicians say about another referendum on Brexit?

December 17, 2018 - 8:27am
The crisis in Prime Minister Theresa May's government over her plans to leave the European Union has stirred interest in the possibility that Britain may hold a second vote on whether to end decades of membership of the world's largest trading bloc.
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Boeing boosts value for Embraer's commercial business to $5.26 billion

December 17, 2018 - 8:20am
Brazil's Embraer SA said on Monday it has finalized terms of a proposed deal to sell 80 percent of its commercial aviation business to Boeing Co, now valuing the division at $5.26 billion.
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U.S. banks quietly pull back from riskiest loans amid recession fears

December 17, 2018 - 8:11am
As U.S. bank stocks tanked this month over fears of an impending recession, industry executives downplayed concerns to colleagues, analysts and journalists, arguing that the economy is in great shape.
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Nissan CEO calls on Renault to listen to detail of Ghosn allegations

December 17, 2018 - 7:53am
Nissan Motor's CEO called on directors at alliance partner Renault to heed its reasons for sacking former Chairman Carlos Ghosn over alleged financial misconduct amid tensions over how to handle the fallout from his arrest.
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Futures dip as growth worries linger; Fed in focus

December 17, 2018 - 7:52am
U.S. stock index futures started the week cautiously on Monday, after skidding at the end of last week, as edgy investors waited for the Federal Reserve's monetary policy guidance and its implications of slowing global growth.
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Rejecting other Brexit options, Britain's May sticks by her deal

December 17, 2018 - 7:35am
British Prime Minister Theresa May is pressing on with her deal to leave the European Union, her spokesman said on Monday, rejecting calls for a second referendum or to test support for different Brexit options in parliament.
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Malaysia charges Goldman Sachs, ex-bankers in 1MDB probe

December 17, 2018 - 7:24am
Malaysia on Monday filed criminal charges against Goldman Sachs and two of the U.S. bank's former employees in connection with an investigation into suspected corruption and money laundering at state fund 1MDB.
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Small assault-style rifle firms thriving under activists' radar

December 17, 2018 - 7:19am
A decade ago, Kentucky's Anderson Manufacturing was a small machine shop that didn't make firearms.
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Standoff over Trump border wall puts Congress in budget 'pickle'

December 17, 2018 - 6:07am
A feud between President Donald Trump and Congress over funding his proposed U.S.-Mexico border wall gives lawmakers only five days to find a compromise and avert a partial shutdown of some government agencies that could leave about a quarter of the federal workforce without paychecks at Christmastime.
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Stocks steady as investors pin hopes on policy makers

December 17, 2018 - 5:54am
Markets started cautiously as the concern over global growth that sent world stocks to 17-month lows was only partly tempered by expectations of encouraging messages from the United States and China.
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New Brexit vote would 'break faith' with British people: PM May

December 17, 2018 - 5:45am
A second Brexit referendum would do "irreparable damage" to politics and "break faith" with the British people, Prime Minister Theresa May will say on Monday, rejecting what some see as the only way to break an impasse.
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Saudi Arabia denounces U.S. Senate resolutions on Khashoggi, Yemen

December 17, 2018 - 3:39am
Saudi Arabia on Monday denounced U.S. Senate resolutions calling for an end to U.S. military support for the war in Yemen and blaming Crown Prince Mohammed bin Salman for the murder of journalist Jamal Khashoggi, saying they were based on unsubstantiated claims.
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Malaysia files criminal charges against Goldman, ex-bankers in 1MDB probe

December 17, 2018 - 3:35am
Malaysia said on Monday it has filed criminal charges at home against Goldman Sachs and two of the U.S. bank's former employees in connection with a corruption and money laundering probe at state fund 1MDB.
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