SYDNEY/HONG KONG - Vietnam has begun dredging work on a disputed reef in the South China Sea. The activity could anger Hanoi's main South China Sea rival, Beijing, which claims sovereignty over the group and most of the resource-rich sea.
BEIRUT 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.
TOKYO 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.
Retailer Sears Holdings Corp reported its fifth straight quarterly loss and said there was no guarantee when it would return to profitability.
FRANKFURT 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.
BRUSSELS 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.
WASHINGTON 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.