UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
Michael Kugelman from the U.S.-based Wilson Center says other issues take precedence in the bilateral dialogue between the United States and Pakistan — namely, Afghanistan and...Asia Politicsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
Fighting raged in eastern Ukraine on Sunday as pro-Russian separatists used artillery fire to try to dislodge government forces from a strategic rail hub after peace talks collapsed.
Hopes of easing the situation evaporated on Saturday with Ukraine's representative and separatist envoys accusing each other of sabotaging negotiations.
"Fighting continues across all sections of the frontline," Kiev military spokesman Volodymyr Polyovy said in a briefing, noting that some 13 soldiers had been killed in the past 24 hours. Other Ukrainian authorities said at least 13 civilians had also been killed in attacks.
The Organization for Security and Cooperation in Europe (OSCE), which took part in the talks in Minsk, Belarus, along with envoys from Ukraine and Russia, said rebel delegates had not been ready to discuss crucial points of a peace plan.
"In fact, they were not even prepared to discuss implementation of a ceasefire and withdrawal of heavy weapons," the OSCE said in a statement.
It said rebels had instead pushed for a revision of a ceasefire plan agreed on in Minsk last September.
The terms of that 12-point protocol have been repeatedly violated, but Kiev and foreign governments see it as the only viable roadmap to end the nine-month-long conflict in which more than 5,000 people have been killed.
The rebels rejected the OSCE's assessment, saying they were ready for dialogue, but unwilling to accept an "ultimatum" from Kiev so long as government forces continued shelling civilian areas, separatist news service DAN quoted rebel envoy Denis Pushilin as saying.
Ukrainian President Petro Poroshenko held a three-way phone conversation with German and French leaders Angela Merkel Francois Hollande in which they expressed their disappointment, German government spokesman Steffen Seibert said.
"The separatists are urged not to block the talks. Russia must, in this regard, also influence the rebels," he said.
The New York Times reported on Sunday that President Barack Obama's administration was taking a new look at providing Ukrainian forces with defensive weapons and equipment in the face of the rebel offensive.
In eastern Ukraine, the Kiev military reported no let-up in separatist attacks on government positions.
Clashes are intense around the town of Debaltseve, Kiev spokesman Polyovy said, referring to a Kiev-held transport hub connecting the two main rebel strongholds that separatists aim to cut off, though the situation remained "under control".
The rebel advance has succeeded in seizing part of nearby Vuhlehirsk, he said. On Sunday, the town was being pounded by near constant shelling, a Reuters witness reported.
The Interior Ministry said seven civilians had been killed on Sunday in the shelling of Debaltseve, while the Luhansk regional administration said three civilians had been killed in shelling across the region overnight.
Residents are being encouraged to abandon the areas of fiercest fighting, where many have been living in makeshift bomb shelters, waiting for breaks in the bombardment to make quick trips for food and water.
In Kiev-controlled Slaviansk, refugees arrived in buses from Debaltseve and other frontline towns.
Pensioner Vyacheslav Gurov said half of his town of Avdiivka had been completely destroyed.
"We don't even know who's shooting. Both the rebels and the national guard are at it ... there's no water, no electricity, no heating, nothing," he said.
In the rebel stronghold of Donetsk, which shook with artillery fire throughout Sunday, the regional administration reported the deaths of at least three civilians, describing the situation as "extremely tense".
A Reuters witness saw the body of a young man stretched out on a street in the city centre, killed when a shell struck a wall nearby. Nadezhda Petrovna, 68, a neighbour, said the man was trying to run away from the attack when a shell landed in front of him.
"It is like this every day, people are getting killed, we are sleeping fully dressed so we can run into the cellar, this is becoming unbearable," she said.
Following the collapse of Saturday's talks, there was no word on when renewed negotiations might take place.