Category Archives: World

FAA orders engine inspections after Southwest explosion

The U.S. Federal Aviation Administration said on Wednesday it would order inspection of some 220 jet engines after investigators said a broken fan blade touched off an engine explosion on a Southwest Airlines flight, shattering a window and killing a

Trade dispute escalates as Trump threatens $100 billion more in China tariffs

President Donald Trump on Thursday directed U.S. trade officials to identify tariffs on $100 billion more Chinese imports, upping the ante in an already high-stakes trade confrontation between the world’s two largest economies. The further tariffs were being considered “in

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G20 sees need for ‘dialogue,’ fails to defuse trade war threat

The world’s financial leaders rejected protectionism on Tuesday and urged “further dialogue” on trade, but failed to defuse the threat of a trade war days before U.S. metals tariffs take effect and Washington is to announce measures against China. Finance

Trump, deemed ‘not above the law,’ faces legal storm

U.S. President Donald Trump faced legal challenges from women on two fronts on Tuesday as a defamation lawsuit brought by a former Apprentice TV show contestant moved forward and a former Playboy model who said she had an affair with

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Stocks retreat, bonds advance as simmering trade woes curb risk appetite

Stock markets slipped broadly on Thursday while government bonds attracted safe-haven demand amid mounting investor concerns that growing trade tensions would hurt the global economy. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.45 percent. The Asian markets

Exclusive: Gazprom to cut hundreds of traders as Kremlin retreats from West

Russian gas giant Gazprom will cut hundreds of jobs at its overseas trading and export offices, including Britain, and move them to St Petersburg, according to two sources familiar with the plan, which comes at a time of rising tensions