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World

Kim, Moon seek to control optics at their historic summit

Kim Jong Un will be in unchartered territory when the third-generation autocrat crosses over to the southern half of the Demilitarized Zone separating the rival Koreas on Friday, possibly on foot, and greets South Korean President Moon Jae-in.

Business

'Small-town kids' shape future of China's consumption

XINXIANG, China (Reuters) - The bright lights of Beijing or Shanghai have never held much allure for Wu Tongxu, a 24-year-old civil servant earning a modest salary in the nondescript city of Xinxiang in China's central Henan province.

United States

Man in custody after 2 Dallas officers, store employee shot

Authorities say two Dallas police officers were escorting a man from a home improvement store when he shot them and a store employee.

Finance

Credit Suisse posts first-quarter profit beat as revamp hits home stretch

ZURICH (Reuters) - Credit Suisse on Wednesday reported a 16.4 percent year-on-year rise in first-quarter net income, its best quarter since Chief Executive Tidjane Thiam launched a three-year...

World

Finland to end its universal basic income program by year's end

The Finnish government reportedly announced Tuesday that it will end the country’s universal basic income program by year's end -- and appears to be taking on new measures to cut benefits to those who do not actively seek employment.

Business

Ford hopes China easing will speed up Zotye venture approval

BEIJING (Reuters) - Ford Motor Co's Asia head said on Wednesday he hoped recent Chinese moves to relax ownership rules in the country's auto market would speed up regulatory approval for its electric vehicle joint venture with local firm Zotye Automobile

United States

Trump calls Kim open, honorable as summit planning goes on

President Donald Trump said Kim Jong Un wants a historic, high-stakes meeting as soon as possible and suggested the North Korean dictator has been "very open" and "very honorable," a sharply different assessment of a leader he once denounced as "Little Ro

Business

SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: FT

(Reuters) - Japan's SoftBank Group plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc [UBER.UL], Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Tim

United States

Handshakes and kisses aside, some issues split Trump, Macron

With exaggerated handshakes and a pair of kisses, President Donald Trump and French President Emmanuel Macron professed a sunny, best-friends relationship, even as the two allies strained to bridge differences over the Iran nuclear agreement, Syria and mo

Top News

Trump's travel ban faces Supreme Court reckoning

WASHINGTON (Reuters) - President Donald Trump's administration goes before the U.S. Supreme Court on Wednesday to defend the legality of his travel ban targeting people from several Muslim-majority countries, one of the most contentious actions of his pre

Technology

Amazon.com plays catch-up in Brazil as local rivals thrive

SAO PAULO (Reuters) - Claudia Maria de Oliveira is leery of online shopping. But while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza SA.

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