European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and...Technologyread more
The U.S. is near an informal NAFTA deal with Mexico, though a Mexican official said all three sides would need to be present on a handshake.
The U.S. Trade Representative office is saying there is no deal yet, however, and there are still major issues to work through. But a Mexican official said the issues could be worked out within hours. Negotiators had hoped to seal up an agreement by the end of the week.
There is hedged optimism on that front. Mexico's economy minister said all three sides — Mexico, the U.S. and Canada — would need to be present for even a handshake deal.
Canada would reenter the negotiations and have about a week to reach a tri-lateral deal in order to get it signed before Mexico's political leadership turns over on December 1.
Politico reported on Tuesday the Trump administration is planning to announce it has achieved a breakthrough in its NAFTA negotiations with Mexico, citing three sources close to the talks.
Politico said government officials plan to announce the two sides have made progress and Trump is expected to attend Thursday's event. One source called the announcement a "handshake" deal, according to the media outlet.
One source familiar with the situation told CNBC Tuesday's news about President Trump's former lawyer, Michael Cohen, may throw the timing off of any trade announcement because it was a "major distraction." Cohen plead guilty to eight counts related to tax fraud, excessive campaign contributions, making false statements to a financial institution, and unlawful corporate contributions.
Trump economic advisor Kevin Hassett told CNBC earlier this week the U.S. was near a deal with Mexico on NAFTA.
"We're even closer" to reaching a trade deal with Mexico after Mexican negotiators were in Washington for most of last week, he said Monday.
One of the trade advisors for incoming Mexican President Andres Manuel Lopez Obrador told reporters on Tuesday the goal was still for a deal by the end of the week.
The Mexican peso gained vs. the U.S. dollar after the report.