Prime Minister Theresa May's government won a confidence vote in the British parliament with 325 votes versus 306, clearing the way for her to attempt to forge a consensus among MPs on a Brexit divorce agreement.
Business & Financial News, U.S & International Breaking News
'Not the greatest crisis': Trump's EPA pick downplays climate threat
U.S. President Donald Trump's new pick to run the Environmental Protection Agency told lawmakers on Wednesday he does not believe climate change is a major crisis, and would continue to undo Obama-era emission limits if confirmed.
Strong bank earnings send Wall Street to four-week highs
Wall Street's major indexes hit one-month highs on Wednesday as upbeat earnings from Bank of America Corp and Goldman Sachs Group Inc boosted investor sentiment.
BofA's loan growth drives better-than-expected profit
Bank of America Corp’s quarterly profit topped analyst estimates on Wednesday as a growing loan book helped it ride out year-end market turbulence, sending the lender's shares up more then 5 percent.
Iran says it will be ready for new satellite launch in a few months
Iran will be ready for a new satellite launch in a few months' time after a failed attempt this week, President Hassan Rouhani said on Wednesday, ignoring U.S. and European warnings to avoid such activity.
Venezuela children left behind as parents flee to find work abroad
Yusneiker and Anthonella have been living with their grandmother since their father left Venezuela and its collapsing economy last year for Peru, to try and earn enough to feed them. Two years earlier, their mother fled for the Dominican Republic for the same reason.
Goldman Sachs CEO apologises for ex-banker's role in 1MDB scandal
Goldman Sachs Group Inc Chief Executive Officer David Solomon on Wednesday apologised to the Malaysian people for former banker Tim Leissner's role in the sovereign wealth fund 1MDB scandal, but said the bank had conducted due diligence before every transaction.
Exp: Jan 19
Exp: Jan 19
Exp: Jan 19
Legislation to keep sanctions in place on companies that have been controlled by the Russian oligarch Oleg Deripaska, including the giant aluminum firm Rusal , stalled in the U.S. Senate on Wednesday, a victory for President Donald Trump.
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