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Israel, Palestinian militant groups agree to three-day Gaza truce

GAZA/JERUSALEM - Israel and Palestinian militant groups in the Gaza Strip have agreed to a three-day humanitarian truce to begin Friday morning, and negotiators from both sides will travel to Cairo to discuss a longer-term. | Video

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Tesla expects to boost 2015 output to more than 60,000

DETROIT - Tesla Motors Inc, the California-based maker of luxury electric cars, said it expects to build more than 60,000 cars in 2015, after spending heavily this year to update and expand its Fremont assembly plant.

7:19pm EDT

India's demands block $1 trillion WTO deal on customs rules

NEW DELHI/GENEVA - The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India's demands for concessions on agricultural stockpiling.

6:43pm EDT

EU adopts toughest Russian sanctions yet, targets five Russian banks

BRUSSELS - The European Union has published a law that will curb arms sales to Russia and to cut off financing for five major Russian banks over Moscow's support for rebels in Ukraine.

World, Russia 4:21pm EDT

U.S. wage growth picking up as labor market tightens

WASHINGTON - U.S. labor costs recorded their biggest gain in more than 5-1/2 years in the second quarter and a gauge of trends in the jobs market fell to an eight-year low last week, bolstering the economy's outlook.

1:44pm EDT
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Ukraine premier stays on, envoys agree on crash site route

KIEV - Ukraine's parliament rejected Prime Minister Arseny Yatseniuk's resignation on Thursday and finally passed legislation he said was needed to finance an army offensive against a separatist rebellion in the east and avert a national default on its debts.