MUNICH/BERLIN Germany's halt in exports to Saudi Arabia is preventing Britain from completing the sale of 48 Eurofighter Typhoon warplanes to Riyadh, and has delayed potential sales of other weapons such as the A400M military transport, a top Airbus official said Friday.
Hundreds of California residents were ordered to evacuate their homes on Wednesday as rain from a powerful Pacific storm raised the risk of mudslides in areas hit by recent wildfires.
WASHINGTON The head of the U.S. Federal Emergency Management Agency, Brock Long, said he would resign on Wednesday, after overseeing the government's response to a string of record-breaking hurricanes, wildfires and other natural disasters.
(This February 4 story has been refiled to correct volume of water to 532 gigalitres from 532,000 GL in paragraph 8.) | Video
RIO DE JANEIRO Rio de Janeiro, Brazil's second-largest city, awoke to scenes of chaos on Thursday after thrashing wind and rain whipped through neighborhoods, felling trees, flooding streets and sweeping away buses in a storm that killed at least six people.
SARAJEVO Four people drowned when a tourist boat capsized in strong winds on the Montenegrin side of Lake Skadar on Sunday, while heavy rain and melting snow caused flooding across neighboring Bosnia, damaging houses and blocking roads.
NEW YORK The bankruptcy of major California utility PG&E Corp as a result of over $30 billion in costs from California wildfires sparked by the state's prolonged drought will likely prompt more companies to discuss how they will respond to the effects of climate change on their businesses. | Video
MELBOURNE Once-in-a-century flooding in part of the eastern Australian state of Queensland looks set to worsen as the nation's weather bureau on Saturday warned of more heavy rain in the area. | Video
BERLIN Germany will pick either the Eurofighter or Boeing's F/A-18 fighter jet to replace its Tornado warplanes, knocking Lockheed Martin's F-35 stealth fighter out of a tender worth billions of euros, Defence Ministry sources said on Thursday.
(This Jan 29 story has been corrected in paragraph 10 to remove reference to top creditors, which erroneously included banks that act as trustees on bond indentures with no direct credit exposure) | Video
Sweeping economic reform initiated by China President Xi Jinping in November 2013 marked a turning point for the world's second biggest economy. If implemented fully, China's potential GDP growth can be sustained at 6 percent through 2020. One risk: Falling short of that growth rate could result in growth at half that projection, or worse, leading to a new economic crisis, according to a new study.