Monday, February 18, 2019
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SEOUL (Reuters) - South Korea’s presidential Blue House pushed back on Wednesday against comments by U.S. President Donald Trump that suggested Seoul had agreed to pay $500 million more towards maintaining U.S. troops in the country. Trump said at a cabinet meeting in Washington on Tuesday Seoul had agreed to pay $500 million more as part of an agreement sharing...
NEW DELHI (Reuters) - India’s antitrust commission is looking into accusations that Alphabet Inc’s unit Google abuses its popular Android mobile operating system to block its rivals, four sources with direct knowledge of the matter told Reuters. The Competition Commission of India (CCI) has for the past six months been reviewing a case similar to one Google faced in Europe...
BEIJING (Reuters) - China’s trade engine likely remained stuck in reverse in January, with imports and exports expected to fall for the second month in a row, adding to concerns the economy may be at risk of a sharper slowdown. China is the world’s largest trading nation, and the extent of the declines will be closely watched by international investors...
(Reuters) - Walmart Inc and logistics firm Deliv pulled the plug on a key same-day grocery delivery partnership, dealing a setback in the retailer’s race against rival Amazon.com Inc to deliver groceries to customers’ homes. The world’s largest retailer began bolstering its partnerships with third-party courier firms to reach consumers in 100 U.S. cities last year, after failing to use...
NEW DELHI (Reuters) - A fire swept through a hotel in New Delhi early on Tuesday, killing 17 people, authorities in the Indian capital said, raising fresh questions about safety standards in poorly regulated budget hotels. Frequent raids by civic authorities to enforce building codes, fire safety measures and evacuation procedures have failed to curb violations in a rapidly expanding...
BANGKOK (Reuters) - The Thai political party that nominated a princess as its candidate for prime minister could be banned from a general election in March after an activist said on Sunday he would file a petition seeking its dissolution. Thailand’s Election Commission is to meet on Monday to consider the candidacy of Princess Ubolratana Rajakanya Sirivadhana Barnavadi, 67, who...
SINGAPORE (Reuters) - Oil prices fell by more than 1 percent on Monday as U.S. drilling activity picked up and as a refinery fire in the U.S. state of Illinois resulted in the shutdown of a large crude distillation unit. U.S. West Texas Intermediate (WTI) crude futures were at $51.92 per barrel at 0144 GMT, down 80 cents, or 1.5...
LONDON (Reuters) - The 2016 Brexit vote spurred British companies into increasing investment in European Union countries sharply, likely at the expense of spending at home, an academic study showed on Monday. The referendum result led to a 12 percent increase in foreign direct investment transactions from Britain into the EU between mid-2016 and September 2018, researchers from the London...
NEW DELHI (Reuters) - Facebook Inc is toughening up the rules governing political advertisements in India to create more transparency ahead of the country’s general elections due before May, the social media giant said late on Thursday. Users will see political advertisements with “published by” and “paid by” disclaimers, the Menlo Park, California-headquartered company said in a statement. The move comes...
(Reuters) - San Francisco police have posted a $100,000 reward for a serial killer known as the “Doodler” as they renew their search for a suspect believed responsible for killing five gay men and assaulting two others in the mid-1970s. The unidentified man, who struck terror in the Bay Area’s gay community four decades ago, earned his moniker because a...

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