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U.S. seeks to recover $38 mln in assets from 1MDB case
Published:23/02/2019 3:03:07 AM
The U.S. Justice Department on Friday said it had filed complaints seeking forfeiture and recovery of approximately $38 million in assets associated with its 1Malaysia Development Berhard, or 1MDB, case, bringing the assets now subject to forfeiture to a total of approximately $1.7 billion.
US STOCKS SNAPSHOT-Trade hopes push Wall Street forward
Published:23/02/2019 3:03:05 AM
U.S. stocks climbed and the Dow and Nasdaq posted a ninth straight week of gains on Friday as investors clung to signs of progress in the ongoing trade talks between the United States and China.
New York pursuing charges against Manafort whether or not Trump pardons him: source
Published:23/02/2019 3:02:41 AM
The Manhattan district attorney is pursuing criminal charges against Paul Manafort, President Donald Trump's former campaign chairman, whether or not Trump pardons him for his federal convictions, a person familiar with the matter said on Friday.
Singer R. Kelly charged with sexually abusing teenage girls
Published:23/02/2019 2:53:45 AM
Grammy-winning singer R. Kelly was charged on Friday with criminal sexual abuse of at least three girls under 17, a prosecutor said, following years of allegations against the 52-year-old R&B singer.
Oil hits 2019 highs on U.S.-China trade hopes, but U.S. output weighs
Published:23/02/2019 2:52:52 AM
Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that U.S.-China trade talks would soon produce a deal, although new record U.S. oil supply limited gains.
Mexican president to help 'El Chapo' sisters, mother visit him in U.S.
Published:23/02/2019 2:51:44 AM
Mexican President Andres Manuel Lopez Obrador said on Friday he had told Mexican authorities to help two sisters and the mother of Joaquin "El Chapo" Guzman visit the drug lord in the United States following his conviction for narcotics trafficking.
EPA will study ethanol's impact on air quality after long delay
Published:23/02/2019 2:51:07 AM
The U.S. Environmental Protection Agency said on Friday it has agreed to conduct a long-delayed study to assess the impact that burning ethanol as a motor vehicle fuel has on air quality.
Bashir tells Sudan lawmakers to postpone amendment that would keep him power
Published:23/02/2019 2:50:49 AM
Sudan's President Omar al-Bashir, facing the biggest popular protests since he came to power 30 years ago, on Friday called on parliament to postpone constitutional amendments that would allow him to seek another term in a 2020 presidential election.
Trump: Decreasing troops in South Korea not on table for North Korea talks
Published:23/02/2019 2:41:20 AM
President Donald Trump said on Friday that drawing down U.S. troops in South Korea is not on the table for his upcoming talks with North Korea's Kim Jong Un, which will be focused on pressing the Asian nation to abandon nuclear weapons.
Sudan's Bashir tells parliament to postpone constitutional amendments
Published:23/02/2019 2:28:34 AM
Sudan's President Omar al-Bashir on Friday called on parliament to postpone constitutional amendments that would allow him to run for another term in a presidential election in 2020.
Trump says U.S. has developed 'much better' relations with Pakistan recently
Published:23/02/2019 2:25:15 AM
U.S. President Donald Trump said on Friday that the United States has developed a "much better" relationship with Pakistan recently.
REFILE-UPDATE 2-Intel says its 5G modem chips will not appear in phones until 2020
Published:23/02/2019 2:14:43 AM
Intel Corp executives said on Friday its 5G modem chips will not appear in mobile phones until 2020, raising the possibility its biggest customer, Apple Inc , will be more than a year behind rivals in delivering a device that uses the faster networks.
Trump says he would veto measure blocking emergency declaration
Published:23/02/2019 2:14:28 AM
U.S. President Donald Trump, a Republican, said on Friday he would veto a measure to block the national emergency declaration he issued to build a wall along the U.S. southern border with Mexico.
Intel says its 5G modem chips will not appear in phones until 2020
Published:23/02/2019 2:12:12 AM
Intel Corp executives said on Friday its 5G modem chips will not appear in mobile phones until 2020, raising the possibility its biggest customer, Apple Inc will be more than a year behind rivals in delivering a device that uses the faster networks.
Wall St. trims gains as U.S., China struggle over gaps in trade issues
Published:23/02/2019 2:11:05 AM
U.S. stocks were higher in afternoon trading on Friday but pared gains after U.S. officials said the United States and China still have issues to resolve in their ongoing trade talks.
Novartis gene therapy would be cost effective up to $900,000: U.S. group
Published:23/02/2019 2:11:02 AM
An experimental gene therapy for spinal muscular atrophy (SMA) developed by Swiss drugmaker Novartis AG would be worth a price of $310,000 to $900,000, according to an independent U.S. nonprofit organization that reviews the value of drugs and medical treatments.
Trump: Haven't spoken to attorney general on releasing Mueller report
Published:23/02/2019 2:10:41 AM
U.S. President Donald Trump on Friday said he has not spoken to Attorney General William Barr about releasing the report on the special counsel's probe on possible Russian election interference.
US STOCKS-Wall St trims gains as U.S., China struggle over gaps in trade issues
Published:23/02/2019 2:10:18 AM
* Indexes up: Dow 0.3 pct, S&P 0.3 pct, Nasdaq 0.5 pct (Updates to late afternoon)
Singer R. Kelly charged with sexual abuse: court records
Published:23/02/2019 2:03:04 AM
Grammy-winning singer R. Kelly was charged on Friday with multiple counts of criminal sexual abuse, following years of allegations of sexual misconduct, according to court documents posted online.
Wild cats, boas are obstacles in Mexican president's refinery race
Published:23/02/2019 2:01:58 AM
Mexican President Andres Manuel Lopez Obrador's race to build an oil refinery in record time on land that was until recently alive with mangrove, wild cats and boa constrictors, has run into trouble, complicating his effort to revive ailing state-oil company Pemex.
New York governor orders probe into Facebook access to data from other apps
Published:23/02/2019 1:59:59 AM
New York Governor Andrew Cuomo on Friday ordered two state agencies to investigate a media report that Facebook Inc may be accessing far more personal information from smartphone users, including health and other sensitive data, than had previously been known.
Buffett's Berkshire Hathaway in talks to sell workers comp unit -sources
Published:23/02/2019 1:50:20 AM
Warren Buffett's Berkshire Hathaway Inc is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium of insurance firms, people familiar with the matter said on Friday.
Kraft Heinz' problems shine light on controversial budget tool
Published:23/02/2019 1:48:32 AM
Mounting troubles at Kraft Heinz, revealed late on Thursday with a triple-punch of bad news, call into question its reliance on cost-cutting as a way to generate profit growth.
U.S., China struggle to bridge trade gaps, more time seen likely
Published:23/02/2019 1:46:17 AM
Top U.S. and Chinese trade negotiators met on Friday to wrap up a week of talks that have seen the two sides struggle over the details of structural reform commitments by China, increasing the likelihood of extending the March 1 U.S. deadline for a deal.
Trump says he expects to meet China's Xi soon on trade
Published:23/02/2019 1:45:58 AM
U.S. President Donald Trump said on Friday that he expects to meet China's leader, Xi Jinping, soon and said they may nail down the final points of a trade deal.
Venezuelan troops open fire near border as aid standoff intensifies
Published:23/02/2019 1:43:54 AM
Venezuelan soldiers opened fire on members of an indigenous community near the border with Brazil on Friday, killing at least one and injuring others, as President Nicolas Maduro defied U.S.-backed efforts to bring aid into his economically devastated nation.
Top U.S. general confident allies will step up in Syria
Published:23/02/2019 1:42:13 AM
The top U.S. military officer said on Friday he was confident that U.S. allies would step up in Syria, after Washington announced it would be leaving hundreds of troops in Syria.
U.S. imposes travel restrictions on DR Congo officials for vote abuses
Published:23/02/2019 1:39:48 AM
The U.S. State Department on Friday imposed travel restrictions against five top officials from the Democratic Republic of Congo, including the heads of the country's electoral commission and constitutional court, accusing them of corruption during recent presidential elections.
Canadian regulator backs oil pipeline expansion, urges whale protections
Published:23/02/2019 1:36:56 AM
Canada's National Energy Board (NEB) regulator recommended on Friday that Ottawa approve expansion of the government-owned Trans Mountain oil pipeline, but made new, nonbinding recommendations to mitigate harm to Pacific Ocean killer whales.
Britain's Harry and Meghan to champion cause of girls' education in rural Morocco
Published:23/02/2019 1:34:31 AM
Britain's Prince Harry and his pregnant wife Meghan will begin a three-day visit to Morocco on Saturday during which they will show their support for rural girls' education in the Atlas mountains.
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