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By Lawrence Hurley and Andrew Chung | WASHINGTON WASHINGTON Democrats raised questions on Monday about whether Neil Gorsuch, President Donald Trump’s U.S. Supreme Court nominee, would rule against abortion rights and gun control while favouring corporations as his Senate confirmation hearing began, with the court’s ideological balance at stake. Judiciary Committee Republicans praised Gorsuch, the conservative appeals court judge from Colorado nominated by Trump on Jan. 31, […]

It has been clear for months that Mosul will be liberated. And sure enough, Iraqi forces backed by U.S. assistance and firepower are now moving to clear the remaining western neighborhoods of Iraq’s second-biggest city. Islamic State leaders have reportedly fled the city and military operations will soon be complete. Success in Mosul is a testament to the determination of the Iraqi forces that have lead this […]

WASHINGTON FBI Director James Comey on Monday confirmed the agency was investigating possible Russian government efforts to interfere in the 2016 U.S. election including any links between President Donald Trump’s campaign and Moscow. Comey told a congressional hearing on Russian activities that the probe “includes investigating the nature of any links between individuals associated with the Trump campaign and the Russian government and whether there was any […]

U.S. stocks reversed course to trade slightly higher in late morning trading on Monday, helped by a rise in technology stocks including Apple. Apple (AAPL.O) rose nearly 1 percent, hitting a new record-high of $141.34, lifting the tech-heavy Nasdaq Composite index to yet another intraday high. The iPhone-maker’s stock could rise another 10 percent in six months, Barron’s wrote in an article posted Saturday. The U.S. stock […]

FBI director James Comey is on Capitol Hill today, where he is testifying to the House intelligence committee on the bureau’s investigation into Russia’s attempts to interfere in last year’s US presidential election. He is testifying alongside NSA Director Michael Rogers. Mr Comey, who came under fire during the election campaign for his handling of Democratic candidate Hilary Clinton’s email server probe, was questioned about […]

WASHINGTON U.S. Representative Adam Schiff, the top Democrat on the House Intelligence Committee, said on Monday it was not known whether any Americans helped Russia in an alleged hacking campaign aimed at swaying the Nov. 8 election in Donald Trump’s favor. “We do not yet know whether the Russians had the help of U.S. citizens, including people associated with the Trump campaign,” Schiff said at a congressional […]

When the European Commission published a “white paper” this month on the future of Europe, something was missing. Two weeks earlier Pierre Moscovici, EU economy commissioner, had told an audience in Athens that the blueprint would include “ambitious ideas” for “deepening of the economic and monetary union” — code for overhauling the system of budget rules and policy co-ordination that underpins the single currency. Instead, amid warnings […]

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The campaign team of candidate Anies Baswedan has claimed to have found more than 29,000 people in West Jakarta who cast votes illegally in the first round of the Jakarta gubernatorial election. According to the team’s research, 28,853 people voted using invalid data, including some who were not registered as Jakarta residents, while 477 others voted more than once using different identification cards. M. Taufik, a member […]

By Heather Somerville | SAN FRANCISCO SAN FRANCISCO Ride services company Uber Technologies Inc [UBER.UL] has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image. Jones quit less than seven months after joining the San Francisco company, an Uber spokesman said on Sunday. In a statement to Reuters, Jones said he could […]

Monday 06:10 GMT Overview The US dollar continued its slide in the wake of last week’s widely expected decision by the Federal Reserve to raise interest rates, while Asian stocks were mixed. European bourses are expected to open with a soft bias, with spreadbetters predicting the UK’s FTSE 100 will be unchanged but Germany’s Dax to drop 30 points to 12,065. US index futures suggest the S&P […]

By Yann Le Guernigou and Gus Trompiz | PARIS PARIS Police questioned and then released relatives of a man shot dead at a Paris airport, as investigators sought clues on why he attacked an army patrol in an incident that has pushed security to the forefront of France’s election campaign. Paris prosecutor Francois Molins said late on Saturday that the man, named as 39-year-old Ziyed Ben Belgacem, […]

Mansour Bin Jabr’s idea of a hard life may not resonate with everyone. “The cars, the jets, they don’t make me happy. I’m a hippie in a way. I love islands, beaches,” says the 30-year-old chief operating officer of Bin Jabr Group, having just returned from a business trip in the Maldives. “I see myself retired in the Bahamas in a resort I own with my toys. […]

By Nichola Saminather | SINGAPORE SINGAPORE Asian stocks were mixed on Monday in thin trade, following Wall Street’s declines and the G20’s decision to drop a pledge to avoid trade protectionism, while the Federal Reserve’s less hawkish-than-expected comments continued to drag the dollar lower. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS added 0.1 percent. Chinese shares .SSEC added 0.2 percent, while Hong Kong’s Hang Seng […]

Authored by ‘Vaniam’ via The Burning Platform blog, This is an Arizona patriot’s unique view on John Sydney McCain As of late, we the people of Arizona are very shocked to see what he has become. He is a caricature of a man who, around here, is about as popular as the ping-pong president. How could the people of Arizona, the state that brought you the O.K. […]

In order for the “big bureaucratic beast” known as the Australian government to make good on its promise to undergo a digital transformation, it needs to change the way it procures products and services, and according to Assistant Minister for Digital Transformation Angus Taylor, one of the key places to start is ridding its innovation-stifling service provider panels. Speaking with journalists on Sunday, Taylor criticized the procurement […]

The Republican chairman of the House intelligence committee said the FBI had found no evidence to support Donald Trump’s assertion that Trump Tower was monitored by his predecessor, adding to a chorus of Republican lawmakers who have rejected the president’s unsubstantiated claim. “Was there a physical wiretap of Trump Tower? No,” Devin Nunes told Fox News on Sunday. He added that no warrants had been issued under […]

By Michelle Martin | SAARBRUECKEN, Germany SAARBRUECKEN, Germany When voters head to the polls in the German state of Saarland later this month, they are likely to deliver an upset to Chancellor Angela Merkel that could be a foretaste of September’s national election. One of Germany’s smallest states, Saarland is – like federal Germany – currently governed by a ‘grand coalition’ of Merkel’s conservatives and the Social […]

By Emily Stephenson and Caren Bohan | WASHINGTON WASHINGTON U.S. lawmakers from both parties said on Sunday they had seen no proof to support the claim by Republican President Donald Trump that his predecessor Barack Obama had wiretapped him last year, adding pressure on Trump to explain or back off his repeated assertion. Several Republicans last week urged Trump to apologize for the allegations he made in […]

Tim Byrnes is an unlikely symbol of China’s bid to become the world’s high-tech superpower. For a start he is Australian. Yet the 39-year-old quantum physicist’s decision to swap a research post in New York for Shanghai goes some way to explaining the lengths to which Beijing is going in its efforts to upend the world order. “Quantum physics is very strong in China,” says Mr Byrnes. […]

Our round-up of the week’s best comment and analysis from the Financial Times focuses on positive signals for the word’s second-largest economy and the implications for investors of the Federal Reserve rate rise. The selection is taken from our Markets Insight and Smart Money columns, written by industry contributors and FT commentators. Investors may be wary of being burnt by China but the drumbeat of bullish noises […]

It has been almost five years to the day since Mahmood Hashim Al Kooheji took over as head of Bahrain’s sovereign wealth fund, Mumtalakat, restructuring several investment interests and making other changes to whip the fund into shape after years of losses. It followed a term at Gulf Air in which he managed the national carrier’s controversial restructure that saw 15 percent of its staff, around 600 […]

Last weekend, after looking at the latest H.8 statement by the Fed, we noted something concerning: total loans and leases by U.S. commercial banks were rising at an annual pace of about 4.6%, based on weekly Fed data. That is down from a 6.4% pace for all of last year and peak rates of around 8% in mid-2016. This is the slowest pace of debt creation since […]

By Michelle Martin | BERLIN BERLIN Germany’s Social Democrats (SPD) on Sunday formally endorsed former European Parliament President Martin Schulz as their leader and challenger to Chancellor Angela Merkel in what is set to be a tightly contested national election in September. The SPD has undergone a revival since nominating Schulz in late January, gaining around 10 points in opinion polls and signing up thousands of new […]

PARIS Centrist Emmanuel Macron would be slightly ahead of far-right leader Marine Le Pen in the first round of France’s presidential election and then go on to beat her comfortably in the second-round run-off, an Odoxa poll showed on Sunday. The former economy minister would win 26.5 percent of the vote in the April 23 first round. This was down 0.5 percent from a previous Odoxa poll […]

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