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Updated: 26 min 22 sec ago

Too early to know cost of Brexit transition extension: minister

October 18, 2018 - 11:47am
Britain's Cabinet Office Minister David Lidington said it was too early to estimate the cost of extending a Brexit transition period after the government indicated it would consider asking for one to break a deadlock in talks with the EU.
Categories: news

Germany is prepared for Brexit: deputy finance minister

October 18, 2018 - 11:47am
German Deputy Finance Minister Joerg Kukies said on Thursday that Germany was prepared for Britain's departure from the European Union and would tackle the rules for insurers and the financial sector if necessary.
Categories: news

Brexit transition extension would have conditions: French presidency source

October 18, 2018 - 11:47am
France does not rule out a possible lengthening of Britain's post-Brexit transition period if it helps advance negotiations with London, but any extension would come with conditions, an official in President Emmanuel Macron's office said on Thursday.
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U.S. weekly jobless claims data bolsters labor market outlook

October 18, 2018 - 11:35am
New applications for U.S. unemployment benefits dropped last week and the number of Americans on jobless rolls fell back to levels last seen in 1973, suggesting a further tightening in labor market conditions.
Categories: news

Dollar rides a Fed wave higher; stocks, oil drop

October 18, 2018 - 11:11am
The U.S. dollar index rose on Thursday alongside Treasury yields after Federal Reserve policymakers showed unity in favoring more rate hikes next year.
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Pompeo recommends giving Saudis 'a few more days' for Khashoggi investigation

October 18, 2018 - 11:03am
U.S. Secretary of State Mike Pompeo said on Thursday that he had told President Donald Trump that the United States should give Saudi Arabia a few more days to wrap up its investigation into the disappearance of journalist Jamal Khashoggi.
Categories: news

Turkey searches Saudi consulate again, European ministers cancel Riyadh trip

October 18, 2018 - 10:43am
Turkish investigators searched Saudi Arabia's consulate in Istanbul for a second time overnight looking for clues into the disappearance of Saudi journalist Jamal Khashoggi, and senior European ministers pulled out of an investment summit in Riyadh amid global concern over the incident.
Categories: news

Take it or leave it? EU offers May few options on Brexit deal

October 18, 2018 - 10:20am
The European Union and Britain have given themselves a few more weeks to break the deadlock in their Brexit talks but for Brussels the delay seems mainly about Prime Minister Theresa May dealing with critics back in London.
Categories: news

Exclusive: U.S. sports leagues could see $4.2 billion annually from legal betting

October 18, 2018 - 10:12am
The four major U.S. professional sports leagues could reap a combined $4.2 billion annually as a result of legal sports betting, most of it indirectly from increased fan engagement, according to a casino industry survey to be released later on Thursday.
Categories: news

Wall Street drops after weak industrial earnings, hawkish Fed

October 18, 2018 - 10:10am
U.S. stocks fell on Thursday as weak earnings reports from industrials raised worries over rising expenses and the impact of tariffs, adding to concerns of higher borrowing costs after hawkish commentary in the Federal Reserve's minutes.
Categories: news

Wall Street slips at open on hawkish Fed, weak industrial earnings

October 18, 2018 - 9:34am
U.S. stocks opened lower on Thursday as some industrials reported disappointing results, while the Federal Reserve's minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week's sharp selloff.
Categories: news

U.S. weekly jobless claims drop; continuing claims lowest since 1973

October 18, 2018 - 9:05am
New applications for U.S. unemployment benefits dropped last week and the number of Americans on jobless rolls fell back to levels last seen in 1973, suggesting a further tightening in labor market conditions.
Categories: news

Trump warns Mexico on migrant caravan, threatens to close border

October 18, 2018 - 8:54am
President Donald Trump threatened to deploy the military and close the southern U.S. border on Thursday if Mexico did not move to halt large groups of migrants headed for the United States from Guatemala, Honduras and El Salvador.
Categories: news

Special Report: Why Poland fell out of step with Europe

October 18, 2018 - 8:50am
By Lidia Kelly, Justyna Pawlak and Anna Wlodarczak-Semczuk
Categories: news

Dollar steadies as Fed minutes weigh on stocks, yuan

October 18, 2018 - 7:39am
The dollar held near a one-week high on Thursday and stocks were mixed after minutes showing the Federal Reserve may favor more rate hikes next year.
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A water fight in Chile's Atacama raises questions over lithium mining

October 18, 2018 - 7:31am
Earlier this year, the world's two biggest lithium producers publicly celebrated new deals with Chile's government that will allow them to vastly increase output of the ultralight battery metal from the Atacama, the world's driest desert.
Categories: news

France sends mixed signals over Saudi ties after Khashoggi affair

October 18, 2018 - 7:19am
France pulled its finance minister out of a Saudi investment conference on Thursday in response to the unexplained disappearance of a journalist but voiced confidence that relations between the allies would not be hurt.
Categories: news

Dutch call off Saudi trips due to concern over missing journalist

October 18, 2018 - 7:19am
Dutch Finance Minister Wopke Hoekstra on Thursday pulled out of next week's investment summit in Riyadh and a Dutch trade mission to Saudi Arabia in November was put on hold over concerns about the disappearance of journalist Jamal Khashoggi.
Categories: news

Turkey searches Saudi consulate again, as French, Dutch ministers cancel Riyadh trip

October 18, 2018 - 6:01am
Turkey searched the Saudi consulate in Istanbul for a second time overnight as part of a probe into the disappearance of journalist Jamal Khashoggi, while the French and Dutch finance ministers pulled out of a Riyadh investment summit amid global criticism of the kingdom.
Categories: news

Dutch cancel Saudi trade mission over missing journalist: spokeswoman

October 18, 2018 - 5:23am
The Dutch government on Thursday canceled a trade mission to Saudi Arabia next month due to concerns over the disappearance of dissident journalist Jamal Khashoggi, a spokeswoman said.
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