Chinese Hackers Pursue Key Data On U.S. Workers: NYT

Chinese hackers broke into the computer networks of the United States government agency that keeps the personal information of all federal employees in March, the New York Times reported, citing senior U.S. officials.

Chinese hackers pursue key data on U.S. workers: NYT

Exclusive: Commerzbank May Pay $600 Million-$800 Million To Settle U.S. Probe - Sources

German lender Commerzbank AG is expected to pay between $600 million and $800 million to resolve investigations into its dealings.

Exclusive: Commerzbank may pay $600 million-$800 million to settle U.S. probe - sources

Israel Says Iron Dome Scores 90 Percent Rocket Interception Rate

Israel's Iron Dome interceptor has shot down some 90 percent of Palestinian rockets it engaged during this week's surge of Gaza fighting, up from the 85 percent rate in the previous mini-war of 2012.

Israel says Iron Dome scores 90 percent rocket interception rate



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Iraq Tells U.N. 'Terrorist Groups' Seized Former Chemical Weapons Depot

Iraq tells U.N. 'terrorist groups' seized former chemical weapons depot

Iraq's government has lost control of a former chemical weapons facility to "armed terrorist groups" and is unable to fulfill its international obligations to destroy toxins kept there, the country's U.N. envoy told the United Nations.

Obama Seeks Money, Fast Hearings To Curb Young Migrant Surge

Obama seeks money, fast hearings to curb young migrant surge

The U.S. administration sought on Tuesday to halt a cross-border surge of unaccompanied children from Central America, asking Congress for $3.7 billion in emergency spending and putting in place plans to quicken the youngsters' deportation hearings.

Citigroup May Pay $7 Billion To Resolve U.S. Mortgage Probes: Source

 Citigroup may pay $7 billion to resolve U.S. mortgage probes: source

Citigroup Inc is close to paying about $7 billion to resolve a U.S. probe into whether it defrauded investors on billions of dollars worth of mortgage securities in the run-up to the financial crisis, a source familiar with the matter said on Tuesday.

The Final Days Of South Africa's Platinum Strike

The final days of South Africa's platinum strike

Reuters has pieced together a detailed account of the final days of a five-month strike in South Africa's platinum mines, the longest and most costly industrial action in the country's history

China Second-Quarter GDP Seen Steady At 7.4 Percent, Recovery In Sight

China second-quarter GDP seen steady at 7.4 percent, recovery in sight

China's economy probably steadied in the second quarter with annual growth holding firm at 7.4 percent, a Reuters poll showed, suggesting that a recovery is taking hold as a flurry of government stimulus measures kick in.

Central Banks Ending Era Of Clear Promises, Return To 'Artful' Policy

 Central banks ending era of clear promises, return to 'artful' policy

The world's major central banks are returning to a more opaque and artful approach to policymaking, ending a crisis-era experiment with explicit promises that they found risked their credibility and did not substitute for action.

GM Suspends South African Output As Striking Union Spurns Offer

 GM suspends South African output as striking union spurns offer

General Motors (GM.N) suspended production at its main South African plant after a strike hit parts supplies, the U.S. automaker said on Friday, becoming the latest victim of relentless labor unrest in Africa's most advanced economy.

Global Economy Weekahead: Living In Interesting Times

Global economy weekahead: Living in interesting times

With U.S. stocks hitting record highs on the back of strong jobs growth, the European Central Bank holding out the prospect of printing money and British house prices soaring there is a lot to ponder in the week to come.

Toyota: 'Business As Usual' In South Africa Despite Strike

Toyota: 'business as usual' in South Africa despite strike

Japanese automaker Toyota said on Friday it was "business as usual" in South Africa despite a strike that has hit the supply of components to the local industry, forcing GM to suspend output at its main plant in the country.

June U.S. Payrolls Surprise Hugely To The Upside

June U.S. payrolls surprise hugely to the upside

U.S. employment growth jumped in June and the unemployment rate declined to near a six-year low of 6.1 percent, effectively dispelling fears about the economy's health and underscoring its momentum heading into the second half of 2014.

 BNP pleads guilty again in $9 billion U.S. sanctions accord

BNP Pleads Guilty Again In $9 Billion U.S. Sanctions Accord

BNP Paribas, for the second time in nine days, pleaded guilty on Wednesday to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which the French bank admitted to breaking embargoes against Sudan, Cuba and Iran.

China says investment talks with U.S. facing difficulties

China Says Investment Talks With U.S. Facing Difficulties

Negotiations between China and the United States on a bilateral investment treaty are facing big difficulties, Chinese Vice Finance Minister Zhu Guangyao said on Thursday.

U.S., China ink coal, clean energy deals but climate differences remain

U.S., China ink Coal, Clean Energy Deals But Climate Differences Remain

The United States and China on Tuesday signed eight partnership pacts to cut greenhouse gases that will bring the world's two biggest carbon emitters closer together on climate policy, but fundamental differences between the two sides remain.

China's Fin Min defends country's FX intervention

China's Fin Min Defends Country's FX Intervention

China's finance minister on Wednesday defended the country's currency interventions, saying it was difficult to take a hands-off approach when it came to the yuan, given an unsteady economy and abnormal capital inflows.

Netanyahu's Right-Wing Party Union Dissolved; Tension Over Hamas

Netanyahu's Right-Wing Party Union Dissolved; Tension Over Hamas

Israeli Foreign Minister Avigdor Lieberman announced on Monday his party was ending its merger with Prime Minister Benjamin Netanyahu's Likud, saying differences over how to confront the Palestinian Hamas group had contributed to the break.

 How politics nearly ruined deal to end S.Africa's longest strike

How Politics Nearly Ruined Deal To End S.Africa's Longest Strike

Forty-eight hours after talks to end South Africa's longest strike hit a brick wall when the mining minister suddenly pulled out, a bishop and an anti-establishment corporate lawyer engineered a deal at a secret meeting in a ritzy hotel.

ECB's Coeure: rates to stay low, Europe needs more investment

ECB's Coeure: Rates To Stay Low, Europe Needs More Investment

The European Central Bank will keep interest rates very low for a long period of time to ensure monetary stability but euro zone governments must do their part to boost growth and cut debt, ECB policymaker Benoit Coeure said.

India's Modi to target record asset sales in first budget -source

India's Modi To Target Record Asset Sales In First Budget - Source

India's new government will seek to raise up to a record $11.7 billion in asset sales in its maiden budget this week, a senior government source said, bolstering state finances and buying time for structural reforms to revive a weak economy.

U.S. urges Argentina to find solution with holdout investors

U.S. Urges Argentina To Find Solution With Holdout Investors

The United States on Thursday urged Argentina to negotiate a solution with holdout investors after a string of U.S. court decisions that have pushed the country to the brink of default.

Accusations fly in Bulgaria’s murky bank run

Accusations Fly In Bulgaria’s Murky Bank Run

One worker at Bulgaria’s Corporate Commercial Bank knew panic was setting in when she spotted colleagues among the anxious depositors lined up to withdraw cash from the troubled bank.

 U.S. imposes record fine on BNP in sanctions warning to banks

U.S. Imposes Record Fine On BNP In Sanctions Warning To Banks

French bank BNP Paribas BNPP.PA has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations it violated U.S. sanctions against Sudan, Cuba and Iran, a severe punishment aimed at sending a clear message to other financial institutions around the world.

BNP asks to keep managing pension assets: U.S. official

BNP Asks To Keep Managing Pension Assets: U.S. Official

BNP Paribas (BNPP.PA) has sought permission to continue to manage U.S. pension assets, a federal official in Washington said on Tuesday, a day after the French bank pleaded guilty to criminal charges.

 U.S. top court rules against public unions over in-home care workers

U.S. Top Court Rules Against Public Unions Over In-Home Care Workers

The U.S. Supreme Court on Monday ruled that in-home care workers in Illinois who are paid by the state cannot be compelled to pay union dues.

U.S. top court lets some public employees avoid union dues

U.S. Top Court Lets Some Public Employees Avoid Union Dues

The U.S. Supreme Court dealt unions a setback Monday by ruling that state-paid, in-home care workers in Illinois cannot be compelled to pay union dues, but stopped short of blocking organized labor from collecting such fees from other public employees.

EU leaders signal shift from austerity of euro crisis

EU Leaders Signal Shift From Austerity Of Euro Crisis

In the latest shift away from the austerity of the euro zone crisis, European Union leaders signaled at a summit that they were ready to give member states extra time to consolidate their budgets as long as they pressed ahead with economic reforms.

New York AG Schneiderman finally flexes muscles against Wall Street

New York AG Schneiderman Finally Flexes Muscles Against Wall Street

New York Attorney General Eric Schneiderman, long seen as a secondary force in policing Wall Street banks, is taking the lead in what may be the most ambitious case of his career: accusing Barclays Plc (BARC.L) of favoring its high-frequency trading clients.

U.S. economy collapses in first quarter, but growing again

U.S. Economy Collapses In First Quarter, But Growing Again

The U.S. economy contracted at a much steeper pace in the first quarter than previously estimated, turning in one of its worst-ever non-recession performances, but growth already appears to have rebounded strongly.

Jordanian court acquits radical cleric Abu Qatada of conspiracy

Jordanian Court Acquits Radical Cleric Abu Qatada Of Conspiracy

Jordan's state security court on Thursday acquitted radical Muslim cleric Abu Qatada, who was extradited from Britain last year, of charges of conspiring to commit acts of terrorism.

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