Today's Top News Story

Exclusive: Risking Beijing's ire, Vietnam begins dredging on South China Sea reef

SYDNEY/HONG KONG (Reuters) - Vietnam has begun dredging work on a disputed reef in the South China Sea, satellite imagery shows, the latest move by the Communist state to bolster its claims in the strategic waterway. Read More

 

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Trump to nominate Pruitt to lead U.S. environmental agency: statement

WASHINGTON (Reuters) - U.S. President-elect Donald Trump will nominate Oklahoma Attorney General Scott Pruitt, a critic of federal environmental regulation, to lead the Environmental Protection Agency, his transition team said on Thursday. More »

 

Trump's choice of China envoy a positive sign for ties, Xinhua says

BEIJING (Reuters) - U.S. President-elect Donald Trump's pick of Iowa Governor Terry Branstad as ambassador to China sends a positive sign for ties, Chinese state media said, but the envoy will have to live up to earlier statements rejecting confrontation with Beijing. More »

 

Chinese trade data shows signs of industrial recovery

BEIJING (Reuters) - China's imports grew at the fastest pace in more than two years in November, fueled by its strong thirst for commodities from coal to iron ore, while exports also rose unexpectedly, reflecting a pick-up in both domestic and global demand. More »

 

Rebels seek ceasefire with Syrian army closer to retaking Aleppo

BEIRUT (Reuters) - Syrian rebels in besieged eastern Aleppo called on Wednesday for an immediate five-day ceasefire and the evacuation of civilians and wounded, but gave no indication they were ready to withdraw as demanded by Damascus and Moscow. More »

 

Iran minister says in U.S. interest to stay committed to nuclear pact

TOKYO (Reuters) - Iranian Foreign Minister Mohammad Javad Zarif said on Thursday it was in the interest of the United States to remain committed to a multilateral nuclear treaty. More »

 

China's Fujian drops Aixtron bid after Obama blocks deal

FRANKFURT (Reuters) - China's Fujian Grand Chip Investment Fund has dropped its takeover bid for German chip equipment maker Aixtron after U.S. President Barack Obama blocked the deal. More »

 

EU launches legal case against Germany, UK over Volkswagen scandal

BRUSSELS (Reuters) - The European Union opened legal action on Thursday against seven nations including Germany and Britain for failing to police emissions cheating by carmakers after the Volkswagen scandal. More »

 

Koch Industries takes aim at House Republican tax reform plan

WASHINGTON (Reuters) - Koch Industries, the private conglomerate owned by billionaire conservatives Charles and David Koch, warned on Wednesday that a Republican tax reform proposal meant to encourage U.S. exports could have devastating effects on the economy and consumers. More »

 

EU unblocks visa-free travel for Ukraine, Georgia

BRUSSELS (Reuters) - The European Union will soon let Ukrainians and Georgians visit the bloc without needing a visa after diplomats and lawmakers struck a deal on Thursday to end an internal EU dispute that had been holding up the promised measures. More »

 

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