President Trump and Iranian President Hassan Rouhani exchanged taunts at the United Nations General Assembly with Trump vowing more sanctions against Tehran and Rouhani suggesting his American counterpart suffers from a “weakness of intellect.”
Business & Financial News, U.S & International Breaking News
CBS names Richard Parsons interim chairman of board
CBS Corp on Tuesday named Richard Parsons, a former Time Warner Inc chief executive, as interim chairman of its board as the company renews its push to merge with Viacom Inc .
Nike profit tops targets but margins disappoint some
Nike Inc topped first-quarter profit on Tuesday, but a small rise in gross margins and no change in its 2019 forecast despite the launch of a successful ad campaign was not enough for some investors, sending shares down 4 percent after hours.
Oil prices drop, Brent moves further away from four-year high
Brent oil edged further away from a four-year high on Wednesday and U.S. crude fell, after the U.S. said it would ensure crude markets are well supplied before sanctions are re-imposed on Iran and as President Donald Trump criticized high prices.
Wife of former Malaysian PM Najib questioned by 1MDB investigators
Rosmah Mansor, the wife of former Malaysian prime minister Najib Razak, arrived on Wednesday at the country's anti-graft agency for a second round of questioning over a corruption probe at state fund 1MDB.
Pope defends China deal on bishops, says he will have final say on names
Pope Francis on Tuesday defended a landmark deal between the Vatican and China on the appointment of bishops, saying he, and not the Beijing government, will have the final say on who is named.
Apple shaves cost from displays in newest iPhones: analyst firm
Apple Inc shaved some parts from the display in its largest new iPhone, helping keep costs under control in what has become the priciest component of its phones in recent years, according to a new cost analysis of the device.
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