While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
European Commission President Jean-Claude Juncker has said Europe should resist U.S. pressure to spend more spending on defense.
U.S. President Donald Trump has criticized the NATO defense alliance, suggesting he could withdraw support if European countries did not raise defense spending to at least 2 percent of their economic output.
In a speech on the sidelines of the Munich Security Conference Thursday, Juncker, who heads the European Union's executive arm, suggested some resistance to Trump's threat was in order.
"It has been the American message for many, many years. I am very much against letting ourselves be pushed into this," he said.
Juncker also said the EU's other spending commitments made up for any shortfalls in military funding.
"Modern politics cannot just be about raising defense spending," he said according to Reuters.
"If you look at what Europe is doing in defense, plus development aid, plus humanitarian aid, the comparison with the United States looks rather different," he said.
Juncker added that European nations should bundle their defense spending better and spend the money more efficiently.
At a NATO meeting Wednesday, the U.S. Defense Secretary James Mattis reinforced Trump's message, warning treaty allies they must boost their defense spending or America could "moderate its commitment."
"Americans cannot care more for your children's future security than you do. I owe it to you to give you clarity on the political reality in the United States and to state the fair demand from my country's people in concrete terms," he said in a speech to NATO allies in the Belgian city of Brussels on Wednesday.
Mattis appeared to reassure NATO of the U.S. commitment to the treaty by rejecting closer military ties to Russia.
"We are not in a position right now to collaborate on a military level," he said, according to Reuters.
"But our political leaders will engage and try to find common ground."
Reuters contributed to this report.