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China slams South China Sea case as court set to rule

06/29/16 11:15 pm

BEIJING/AMSTERDAM (Reuters) - An international court said it would deliver a hotly anticipated ruling in the Philippines' case against China over the South China Sea on July 12, drawing an immediate rebuke from Beijing, which rejects the tribunal's jurisdiction.

Japan plans July fighter jet tender seen worth $40 billion as China tensions simmer

06/29/16 11:09 pm

SINGAPORE (Reuters) - Japan will launch a tender for fighter jets as soon as mid-July, the Ministry of Defence said, in a deal seen worth up to $40 billion as Tokyo seeks to bolster its air defenses amid creeping tension with China over disputed maritime borders.

Santander, Deutsche Bank: U.S. stress test repeat offenders

06/29/16 10:24 pm

New York (Reuters) - U.S. units of Deutsche Bank and Santander suffered the ignominy of failing U.S. stress tests yet again this year, less than a week after Britain's shocking vote to leave the European Union sent their investors running for cover.

Zika sex research begins despite U.S. Congress funding impasse

06/29/16 10:07 pm

(Reuters) - It could take years to learn how long men infected with Zika are capable of sexually transmitting the virus, which can cause crippling birth defects and other serious neurological disorders.

Puerto Rico still seen defaulting on debt even with rescue law

06/29/16 9:07 pm

NEW YORK (Reuters) - Investors in Puerto Rico's debt-burdened economy still face risks of default on some of the island's $70 billion in debt even after the U.S. Congress on Wednesday created a powerful federal oversight board to manage credit restructurings.

U.S.-led strikes pound Islamic State in Iraq, kill 250 fighters

06/29/16 7:15 pm

WASHINGTON (Reuters) - U.S.-led coalition aircraft waged a series of deadly strikes against Islamic State around the city of Falluja on Wednesday, U.S. officials told Reuters, with one citing a preliminary estimate of at least 250 suspected fighters killed and at least 40 vehicles destroyed.

North America leaders mount strong defense of trade despite threats

06/29/16 6:02 pm

OTTAWA (Reuters) - Canada, the United States and Mexico on Wednesday mounted a fierce defense of free trade, vowing to deepen economic ties despite an increasingly acrimonious debate about the value of globalization.

EU tells UK single market access requires full free movement

06/29/16 5:15 pm

LONDON/BRUSSELS (Reuters) - European Union leaders met for the first time without Britain on Wednesday less than a week after it voted to leave, delivering a tough message that London can access the bloc's lucrative single market only if it agrees to allow free movement for EU workers.
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