Britain's government says it does not intend to refer U.S. media conglomerate Comcast's 22 billion pound ($30.7 billion) takeover offer for London-based Sky to competition authorities, saying the proposed merger doesn't raise concerns on public interest grounds.
China's government said Monday it cannot guarantee that renewed trade tension with Washington can be avoided after U.S. Treasury Secretary Steven Mnuchin declared a temporary truce in a spiraling dispute that prompted worries of a chilling of global commerce.
Martin Crutsinger and Paul Wiseman, Associated Press | Posted
May 21st - 5:36am
The United States and China are pulling back from the brink of a trade war after the world's two biggest economies reported progress in talks aimed at bringing down America's massive trade deficit with Beijing.
Sharon Cohen, Associated Press | Posted
May 21st - 5:00am
On opposite sides of the county jail, a mother and her son chat about school, girls, birthday gifts — and their future together. They aren't allowed to see each other face-to-face, so the inmate and the fifth-grader connect by video.
Christopher Bodeen, Associated Press | Posted
May 21st - 4:29am
A look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple disputes over islands, coral reefs and lagoons in waters crucial for global commerce and rich in fish and potential oil and gas reserves:
Italy edged toward its first populist government Monday as the president convened the leaders of the anti-establishment 5-Star Movement and the right-wing League in what could be a final consultations, 11 weeks after elections left the country with a hung parliament.
The British Parliament's foreign affairs committee has slammed the government for "turning a blind eye" to the role London's financial center plays in laundering the proceeds of Russian corruption, saying it helps the Kremlin finance its aggressive foreign policy.