World News Headlines
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Cash is king as correlations cloud asset allocation
LONDON (Reuters) - Stocks and bonds are moving in lock-step more than at any time since the financial crisis, making life difficult for asset allocators and driving investors into the one asset guaranteed to bring zero return - cash.
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USTR says WTO finds $22 billion in illegal Airbus subsidies
WASHINGTON (Reuters) - The World Trade Organization found nearly $22 billion in illegal subsidies for European aircraft maker Airbus from the European Union, Germany, France, Britain and Spain, the U.S. Trade Representative's office said.
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REFILE-Local Yemeni al Qaeda leader killed in U.S. drone strike - official
DUBAI, Sept 22 (Reuters) - A senior leader of Yemen's al Qaeda branch was killed on Thursday in a raid by a U.S. drone strike in central Yemen, an official of the exiled government of President Abd-Rabbu Mansour Hadi said.
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EXCLUSIVE-Nigeria hunts down 700,000 firms in tax crackdown to offset oil slump
ABUJA, Sept 22 (Reuters) - Nigeria has hunted down 700,000 firms that have never paid taxes as the country seeks new revenue sources to offset low oil prices that have pushed Africa's biggest economy into its first recession in more than 20 years, its tax chief said.
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EU court moves to keep Hamas, Tamil Tigers off terrorism list
LUXEMBOURG (Reuters) - The European Union's top court took a step on Thursday towards confirming the removal of Hamas and the Tamil Tigers from an EU terrorism blacklist, despite protestations from Israel and the Sri Lankan government.
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Pakistan air force closes highway for 'routine' drill amid India tension
ISLAMABAD (Reuters) - Pakistan's air force closed a major highway on Thursday to let it practice landing jets on the road, in what it said was routine training not related to heightened tension with India after a deadly attack in the disputed Kashmir region.
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British official meets EU ambassadors to discuss Brexit
BRUSSELS (Reuters) - A senior British official made clear during a meeting with ambassadors from European Union countries in London this week that his government wants a signal from the EU about what kind of Brexit deal it is willing to accept before triggering divorce talks, EU sources said.
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Migrants tell of clamor to survive as teeming boat sinks off Egypt
BURG RASHID, Egypt (Reuters) - Mohamed Mabrouk hoped to sail from Egypt to a better future in Europe. But just before sunrise on Wednesday, the teen called his uncle in a panic as the boat carrying him and hundreds more migrants across the Mediterranean was overwhelmed by water.
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Nigerian army clashes with Boko Haram in northeast-spokesman
LAGOS, Sept 21 (Reuters) - Nigerian troops have been fighting with the Boko Haram militant group over control of a northeastern town, the army said on Wednesday.
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Second rocket hits Turkish border town, injuring one person
ISTANBUL, Sept 22 (Reuters) - A second rocket hit the Turkish border town of Kilis on Thursday, injuring one person, local mayor Hasan Kara told broadcaster CNN Turk.
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