Coal being squeezed out of power by renewables

Coal will be increasingly squeezed out of the power generation market over the next three decades as the cost of renewables plunges and technology...

Daimler is 1st to predict profit hit on trade war

Daimler AG became the first prominent company to cut its profit outlook due to escalating trade tensions between the United States and China, claiming...

Intel CEO out after consensual relationship with employee

NEW YORK—Intel Chief Executive Officer (CEO) Brian Krzanich resigned after the company learned of what it called a past, consensual relationship with an employee. Intel...

Trade brawls leave top central bankers worried about growth

The world’s most-powerful central bankers warned that escalating international trade tensions have started damaging confidence among companies, threatening the global economic expansion. “Changes in trade...

Thai premier sees polls early next year to end military rule

Thailand’s Prime Minister Prayuth Chan-Ocha said his military government is committed to holding an election early next year, and that he may clarify his...

Crude slides as Saudis stick with higher Opec output bid

Crude slipped as Saudi Arabia pressed ahead with efforts to boost Organization of the Petroleum Exporting Countries’ (Opec) output. Futures in London slid 2.3 percent...

White House split over hard-line response to China trade war

Some White House officials are trying to restart talks with China to avoid a trade war before US tariffs on Chinese products take effect...

US out of sync with world on climate change–Canada

Canada has an environmental message for Donald J. Trump: you can’t stop the global campaign against climate change and you will hurt the US...

Opec works toward deal as Saudis propose plan for higher...

The odds of the Organization of the Petroleum Exporting Countries (Opec) reaching an oil-production deal increased as Iran edged away from a threat to...

China accuses US of trade ‘abuses’ as India hikes tariffs on...

The global trade war deepened on Thursday with China reiterating it will hit back if the latest tariff threats from Donald J. Trump materialize,...

Canada to legalize marijuana on Oct. 17

TORONTO—Marijuana will be legal nationwide in Canada starting October 17, in a move that should take market share away from organized crime and protect...

Oil trades below $66 as trade war risk looms

Oil traded below $66 a barrel as escalating trade tensions between the world’s two largest economies added jitters to a market that’s already nervous...

China vows to retaliate as US targets $200 billion in tariffs

CHINA vowed to retaliate after President Donald J. Trump threatened tariffs on another $200 billion in Chinese imports, deepening a trade dispute between the...

Trump, GOP meet as outrage builds over new border policy

WASHINGTON—Calls are mounting on Capitol Hill for the Trump administration to end the separation of families at the southern border ahead of a visit...

Wealthy Asians are getting richer faster than anyone else–report

Rich Asians got richer faster than anyone else in the world last year. Wealth assets held by high-net-worth individuals in the Asia-Pacific region jumped...

America bares plans to create ‘Space Force’

WASHINGTON—President Donald J. Trump announced Monday that he is directing the Pentagon to create a new “Space Force” as an independent military service branch...

Study shows 1 billion small arms in world, up from 2007

UNITED NATIONS—There are over 1 billion firearms in the world today, including 857 million in civilian hands—with American men and women the dominant owners,...

Oil slumps near $64 as Opec clash develops and trade war escalates

Oil fell near $64 a barrel as Saudi Arabia and Russia prepared for a clash with allied crude producers over whether to lift output...

Strong quake near Osaka, Japan, kills 3

TOKYO—A strong earthquake knocked over walls and set off scattered fires around metropolitan Osaka in western Japan on Monday, killing at least three people...

Funds wary on Malaysia as 1MDB swells debt to $250 billion

The escalating scandal around troubled state-investment-fund 1Malaysia Development Berhad (1MDB) is turning bond funds against Malaysia. The disclosure that the nation’s debt is almost 60...