Eleven countries are expected to sign a landmark Asia-Pacific trade agreement in Santiago on Thursday, as an antidote to the increasingly protectionist bent of the United States, which last year pulled out of the pact. The signing ceremony comes the day after Europe and the International Monetary Fund urged U.S. […]
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Ex-spy attacked with nerve agent puts UK and Russia on a collision course
The U.K. and Russia could be headed for a political confrontation following the attempted murder — using a suspected nerve agent — of a former Russian spy and his daughter in a provincial English town. “Police are now in a position to confirm that their symptoms are a result of […]
Five banks open up a trillion-dollar gold club
The five banks that settle every transaction in London’s $6.8 trillion a year gold market are changing the rules of their clearing house to make it easier for newcomers to join. The reform is part of a broad overhaul of institutions that underpin the world’s largest bullion trading center to […]
Storm moves up East Coast dumping snow, knocking out power
The second major storm in less than a week moved up the East Coast early Thursday, dumping heavy snow and knocking out power to hundreds of thousands of homes and businesses from Pennsylvania to New England. Some places saw more than 2 feet of snow by late Wednesday. Montville, New […]
A Cisco executive in Southeast Asia said he is not worried about a global trade war
As the possibility of a global trade war weighs on the minds of business leaders around the world, a Cisco executive in Asia said he is not yet worried about the impact it may have on his customers. Naveen Menon, president of Southeast Asia at Cisco, said on Thursday that […]
Saudi Arabia and UK hail multibillion-dollar alliance amid protests and political pressure
Saudi Arabia’s crown prince and the U.K.’s prime minister launched an economic and investment partnership worth billions of dollars on Wednesday, amid human rights protests in London and political pressure in parliament. Saudi’s Crown Prince Mohammed bin Salman is in the U.K. for a three-day state visit. On the first […]
These women started a social network with $60 — it now has 100,000 members and plans to go public
Setting up a company is no walk in the park: A lot has to be taken into consideration and a lot of money is required. But, when it comes to the latter — this may not always be the case. Take social platform GirlCrew for example. In its first year […]
Beijing will retaliate if US-China trade relations are not mutually beneficial: Former diplomat
Beijing is holding back on a response to the recent U.S. announcements about punitive trade moves, but the situation may escalate if no mutually beneficial solution is found, a former diplomat said on Thursday. President Donald Trump last week said that the U.S. will be imposing heavy duties on steel […]
Health insurer Cigna is close to buying Express Scripts
U.S. health Insurer Cigna Corp is close to buying pharmacy benefit manager Express Scripts Holding Co, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The terms of the potential deal were not known, but a deal could be announced as soon as Thursday, the WSJ […]
Health insurer Cigna is close to buying Express Scripts, report says
U.S. health Insurer Cigna Corp is close to buying pharmacy benefit manager Express Scripts Holding, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The terms of the potential deal were not known, but a deal could be announced as soon as Thursday, the WSJ said. […]