American aircraft carriers are the backbone of U.S. military supremacy in Asia. But Xi Jinping's upgraded Rocket Force could render them obsolete in a conflict with China.
Business & Financial News, U.S & International Breaking News
U.S. core capital goods orders strong; weekly jobless claims surge
New orders for U.S.-made capital goods increased by the most in eight months in March, but a drop in shipments suggested business spending on equipment slowed down in the first quarter.
In east Aleppo, bodies still under rubble show limits of Syria's recovery
The bodies of three-year-old Malak Kasas and two neighbors still lie under a pile of rubble in Aleppo's Kalasa district more than two years after the Syrian government recaptured the area.
Goldman, Bank of England and stock exchange targeted by climate activists in London
Environmental activists glued themselves to the London Stock Exchange, blocked roads near the Bank of England and protested outside banks such as Goldman Sachs on Thursday to try to force Britain to help avert what they cast as a climate cataclysm.
German ambitions evaporate as Deutsche Bank merger talks with Commerzbank collapse
German hopes of creating a national banking champion able to challenge global competitors were dashed on Thursday when Deutsche Bank and Commerzbank ended merger talks due to the risks of doing a deal, restructuring costs and capital demands.
Ex-Nissan boss Ghosn granted $4.5 million bail, with curbs on contacting wife
Former Nissan Chairman Carlos Ghosn was set to walk out of a Japanese jail for a second time since his arrest last year on financial misconduct charges, after posting $4.5 million bail
Catalonia: the crisis at the heart of Spain's election
Proudly displaying two Spanish flags he brought to wave at a Vox rally, retired police officer Jose Antonio Corrales Sierra says he will vote for the far-right party in Sunday's election and is ditching the mainstream PP conservatives because of Catalonia.
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Exp: May 19
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