A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
The Irish Aviation Authority (IAA) is investigating several reports of bright lights and unidentified flying objects (UFOs) that were seen by commercial airline pilots last Friday off the south-west coast of Ireland.
A British Airways pilot contacted Shannon air traffic control on November 5, asking if there were military exercises being carried out in the area as there was something "moving so fast" but she was told there were none, according to a record of the conversation published on Airlive, a website for plane enthusiasts.
Flying from Montreal to Heathrow airport in England, the pilot of the Boeing 787 said there was a "very bright light" and the object had come up along the left side of the aircraft before it "rapidly veered to the north" and the "disappeared at a very high speed." She said there was no likely collision with the object.
Air traffic controllers said there was nothing showing on their radars.
Shortly afterwards, another pilot from a Virgin plane also reported "multiple objects following the same sort of trajectory" and that they were very bright. He described it as a "meteor or another object making some kind of re-entry."
Airlive said another pilot also reported a sighting.
The IAA told CNBC on Tuesday that it had filed a report on the matter:
"Following reports from a small number of aircraft on Friday 9th November of unusual air activity the IAA has filed a report. This report will be investigated under the normal confidential occurrence investigation process," it said.