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Iran ready to give U.S. 'slap in the face': commander

DUBAI The United States should expect a "strong slap in the face" if it underestimates Iran's defensive capabilities, a commander of the elite Revolutionary Guards said on Wednesday, as Tehran concluded war games.

Global stocks top 2016 gains, dollar up before Fed minutes

LONDON Global stocks hit record highs on Wednesday, topping 2016's gains just two months into 2017, while the dollar rose before Federal Reserve minutes that will be scoured for clues about the next U.S. interest rate rise.

Switzerland's ABB hit by $100 million South Korean fraud

ZURICH Swiss engineering group ABB revealed the discovery of what it called a "sophisticated criminal scheme" in its South Korean subsidiary on Wednesday, which it expects will result in a $100 million pre-tax charge.

GPS glitch delays SpaceX cargo ship docking at space station

CAPE CANAVERAL, Fla. SpaceX called off the docking of a Dragon cargo ship at the International Space Station on Wednesday due to a problem with the capsule’s GPS navigation system, the U.S. National Aeronautics and Space Administration said.

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