The Wire

Real-time Reuters coverage of the world's financial markets, political capitals and conflict zones.

Business News3 minutes ago

The logo of a McDonald's restaurant is seen in Bordeaux, France, June 18, 2018. Picture taken June 18, 2018. REUTERS/Regis Duvignau

McDonald's Corp <MCD.N> quarterly sales at comparable U.S. restaurants fell short of expectations on Tuesday as fierce competition in its home fast food market undermined rise in global revenue.

World News5 minutes ago

A man waits after filling in a form at an Italian job centre in Scampia near Naples, Italy October 11, 2018. Picture taken October 11, 2018.  REUTERS/Alessandro Bianchi

Outside the job center in a poor quarter of Naples in southern Italy, Emanuele Varriale uses a ballpoint pen to fill in a form certifying he is looking for work.

World News6 minutes ago

FILE PHOTO: Saudi dissident Jamal Khashoggi speaks at an event hosted by Middle East Monitor in London Britain, September 29, 2018. Middle East Monitor/Handout via REUTERS/File Photo

Saudi Arabia on Sunday called the killing of journalist Jamal Khashoggi at its Istanbul consulate a "huge and grave mistake," but sought to shield its powerful crown prince from the widening crisis, saying Mohammed bin Salman had not been aware.

World News6 minutes ago

FILE PHOTO: SoftBank Group Corp Chairman and CEO Masayoshi Son speaks during their joint news conference with Toyota Motor Corp President Akio Toyoda (not pictured) in Tokyo, Japan October 4, 2018.  REUTERS/Issei Kato/File Photo

SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reuters.

World News6 minutes ago

Lubna Olayan, Chief Executive Officer and Deputy Chairperson of Olayan Financing Company and Yasir al-Rumayyan, Chief Executive and Managing Director of Saudi Arabia's Public Investment Fund, attend the investment conference in Riyadh, Saudi Arabia October 23, 2018.  REUTERS/Faisal Al Nasser

Saudi Arabia was set to sign deals worth $50 billion on Tuesday at the opening of an investment conference despite being overshadowed by the killing of journalist Jamal Khashoggi which prompted a boycott by Western politicians, top world bankers and company executives.

He ran social media for Saudi Arabia's crown prince. He masterminded the arrest of hundreds of his country's elite. He detained a Lebanese prime minister. And, according to two intelligence sources, he ran journalist Jamal Khashoggi's brutal killing at the Saudi consulate in Istanbul by giving orders over Skype.

Business News6 minutes ago

FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran, Saudi Arabia May 23, 2018. REUTERS/Ahmed Jadallah/File Photo

The chief executive of oil giant Saudi Aramco said on Tuesday that bankers had not expressed any concerns about a recent rise in Saudi funding costs ahead of the company's potential acquisition of a stake in petrochemical firm Saudi Basic Industries Corp (SABIC) <2010.SE>.

Business News6 minutes ago

Saudi Arabia's Public Investment Fund (PIF) managing director Yasir al-Rumayyan speaks at the Bloomberg Global Business Forum in New York City, U.S., September 20, 2017. REUTERS/Brendan McDermid/File Photo

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has invested in 50 or 60 companies via SoftBank Group's <9984.T> Vision Fund and will bring most of those firms to the kingdom, managing director Yasir al-Rumayyan said on Tuesday.

Business News6 minutes ago

FILE PHOTO: Cheif Executive Officer of Russian Direct Investment Fund, Kirill Dmitriev waits before a meeting of Russian President Vladimir Putin with representatives of the foreign business community on the sidelines of the Eastern Economic Forum in Vladivostok, Russia September 11, 2018. Valery Sharifulin/TASS Host Photo Agency/Pool via REUTERS/File Photo

Saudi Arabia's economic transformation plan is important for the world, the chief executive of the Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) said on Tuesday.

World News6 minutes ago

FILE PHOTO: Saudi Arabia's King Salman bin Abdulaziz Al Saud, attends a banquet hosted by Shinzo Abe, Japan's Prime Minister, at the prime minister's official residence in Tokyo, Japan, Monday, March 13, 2017.  REUTERS/Tomohiro Ohsumi/Pool/File Photo

Saudi Arabia will hold to account those responsible of journalist Jamal Khashoggi's killing and those who failed in their duties, whoever they are, the Saudi cabinet said after a meeting chaired by King Salman on Tuesday.

Business News7 minutes ago

Saudi Arabia said on Tuesday it would continue to meet customer demand for crude despite looming U.S. sanctions that are expected to reduce oil exports from Iran.

Business News7 minutes ago

An Aramco oil tank is seen at the Production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018.  REUTERS/Ahmed Jadallah/File Photo

Oil giant Saudi Aramco will sign 15 deals worth more than $30 billion, said Saudi state-owned TV Ekhbariya.

Business News7 minutes ago

Saudi Arabia signed deals worth more than $50 billion in oil, gas, infrastructure and other sectors at an investment conference in Riyadh on Tuesday, officials there said.

Business News7 minutes ago

French oil and gas producer Total <MTOTF.PA> is set to announce a retail network in Saudi Arabia with Saudi Aramco, Total's chief executive said on Tuesday.

World News9 minutes ago

Britain said on Tuesday questions remained over the killing of journalist Jamal Khashoggi, and only Saudi Arabia could provide answers to them.

World News9 minutes ago

FILE PHOTO: German Economic Affairs and Energy Federal Minister Peter Altmaier addresses the media in Berlin, Germany, July 17, 2018. REUTERS/Fabrizio Bensch/File Photo

Germany wants other European Union member states to follow its example in stopping arms exports to Saudi Arabia as long as uncertainty remains over the killing of journalist Jamal Khashoggi, Economy Minister Peter Altmaier said on Monday.

World News9 minutes ago

Indonesia President Joko Widodo welcomes Saudi Arabia Foreign Minister Adel bin Ahmed Al-Jubeir at presidential palace in Bogor, Indonesia, October 22, 2018. REUTERS/Beawiharta

Indonesian President Joko Widodo called for a "transparent and thorough" investigation of the death of journalist Jamal Khashoggi at a meeting on Monday with Saudi Arabia's foreign minister, the foreign minister of the Asian nation said.

World News9 minutes ago

Saudi Arabia's consulate is pictured from a skyscraper in Istanbul's Levent district, Turkey October 10, 2018. REUTERS/Murad Sezer

Five Turkish employees of the Saudi consulate in Istanbul are giving statements as witnesses under an investigation into the killing of Saudi journalist Jamal Khashoggi, Turkish broadcaster NTV said on Monday.

World News10 minutes ago

FILE PHOTO: Golf - Women's British Open - Royal Lytham & St Annes Golf Club, Lytham Saint Annes, Britain - August 2, 2018   China's Shanshan Feng in action during the first round   Action Images via Reuters/Jason Cairnduff

Chinese players on the elite U.S. professional women's golf tour have pulled out of this week's tournament in Taiwan at the 11th hour, after being told by someone "high up" in China to skip the event, sources familiar with the situation told Reuters.

World News10 minutes ago

FILE PHOTO: Flags of Taiwan and U.S. are placed for a meeting between U.S. House Foreign Affairs Committee Chairman Ed Royce speaks and with Su Chia-chyuan, President of the Legislative Yuan in Taipei, Taiwan March 27, 2018. REUTERS/Tyrone Siu

The United States sent two warships through the Taiwan Strait on Monday in the second such operation this year, as the U.S. military increases the frequency of transits through the strategic waterway despite opposition from China.

Business News3 minutes ago

The logo of a McDonald's restaurant is seen in Bordeaux, France, June 18, 2018. Picture taken June 18, 2018. REUTERS/Regis Duvignau

McDonald's Corp <MCD.N> quarterly sales at comparable U.S. restaurants fell short of expectations on Tuesday as fierce competition in its home fast food market undermined rise in global revenue.

World News5 minutes ago

A man waits after filling in a form at an Italian job centre in Scampia near Naples, Italy October 11, 2018. Picture taken October 11, 2018.  REUTERS/Alessandro Bianchi

Outside the job center in a poor quarter of Naples in southern Italy, Emanuele Varriale uses a ballpoint pen to fill in a form certifying he is looking for work.

World News6 minutes ago

FILE PHOTO: Saudi dissident Jamal Khashoggi speaks at an event hosted by Middle East Monitor in London Britain, September 29, 2018. Middle East Monitor/Handout via REUTERS/File Photo

Saudi Arabia on Sunday called the killing of journalist Jamal Khashoggi at its Istanbul consulate a "huge and grave mistake," but sought to shield its powerful crown prince from the widening crisis, saying Mohammed bin Salman had not been aware.

World News6 minutes ago

FILE PHOTO: SoftBank Group Corp Chairman and CEO Masayoshi Son speaks during their joint news conference with Toyota Motor Corp President Akio Toyoda (not pictured) in Tokyo, Japan October 4, 2018.  REUTERS/Issei Kato/File Photo

SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, a person close to the matter told Reuters.

World News6 minutes ago

Lubna Olayan, Chief Executive Officer and Deputy Chairperson of Olayan Financing Company and Yasir al-Rumayyan, Chief Executive and Managing Director of Saudi Arabia's Public Investment Fund, attend the investment conference in Riyadh, Saudi Arabia October 23, 2018.  REUTERS/Faisal Al Nasser

Saudi Arabia was set to sign deals worth $50 billion on Tuesday at the opening of an investment conference despite being overshadowed by the killing of journalist Jamal Khashoggi which prompted a boycott by Western politicians, top world bankers and company executives.

He ran social media for Saudi Arabia's crown prince. He masterminded the arrest of hundreds of his country's elite. He detained a Lebanese prime minister. And, according to two intelligence sources, he ran journalist Jamal Khashoggi's brutal killing at the Saudi consulate in Istanbul by giving orders over Skype.

Business News6 minutes ago

FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran, Saudi Arabia May 23, 2018. REUTERS/Ahmed Jadallah/File Photo

The chief executive of oil giant Saudi Aramco said on Tuesday that bankers had not expressed any concerns about a recent rise in Saudi funding costs ahead of the company's potential acquisition of a stake in petrochemical firm Saudi Basic Industries Corp (SABIC) <2010.SE>.

Business News6 minutes ago

Saudi Arabia's Public Investment Fund (PIF) managing director Yasir al-Rumayyan speaks at the Bloomberg Global Business Forum in New York City, U.S., September 20, 2017. REUTERS/Brendan McDermid/File Photo

The Public Investment Fund, Saudi Arabia's sovereign wealth fund, has invested in 50 or 60 companies via SoftBank Group's <9984.T> Vision Fund and will bring most of those firms to the kingdom, managing director Yasir al-Rumayyan said on Tuesday.

Business News6 minutes ago

FILE PHOTO: Cheif Executive Officer of Russian Direct Investment Fund, Kirill Dmitriev waits before a meeting of Russian President Vladimir Putin with representatives of the foreign business community on the sidelines of the Eastern Economic Forum in Vladivostok, Russia September 11, 2018. Valery Sharifulin/TASS Host Photo Agency/Pool via REUTERS/File Photo

Saudi Arabia's economic transformation plan is important for the world, the chief executive of the Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) said on Tuesday.

World News6 minutes ago

FILE PHOTO: Saudi Arabia's King Salman bin Abdulaziz Al Saud, attends a banquet hosted by Shinzo Abe, Japan's Prime Minister, at the prime minister's official residence in Tokyo, Japan, Monday, March 13, 2017.  REUTERS/Tomohiro Ohsumi/Pool/File Photo

Saudi Arabia will hold to account those responsible of journalist Jamal Khashoggi's killing and those who failed in their duties, whoever they are, the Saudi cabinet said after a meeting chaired by King Salman on Tuesday.

Business News7 minutes ago

Saudi Arabia said on Tuesday it would continue to meet customer demand for crude despite looming U.S. sanctions that are expected to reduce oil exports from Iran.

Business News7 minutes ago

An Aramco oil tank is seen at the Production facility at Saudi Aramco's Shaybah oilfield in the Empty Quarter, Saudi Arabia May 22, 2018.  REUTERS/Ahmed Jadallah/File Photo

Oil giant Saudi Aramco will sign 15 deals worth more than $30 billion, said Saudi state-owned TV Ekhbariya.

Business News7 minutes ago

Saudi Arabia signed deals worth more than $50 billion in oil, gas, infrastructure and other sectors at an investment conference in Riyadh on Tuesday, officials there said.

Business News7 minutes ago

French oil and gas producer Total <MTOTF.PA> is set to announce a retail network in Saudi Arabia with Saudi Aramco, Total's chief executive said on Tuesday.

World News9 minutes ago

Britain said on Tuesday questions remained over the killing of journalist Jamal Khashoggi, and only Saudi Arabia could provide answers to them.

World News9 minutes ago

FILE PHOTO: German Economic Affairs and Energy Federal Minister Peter Altmaier addresses the media in Berlin, Germany, July 17, 2018. REUTERS/Fabrizio Bensch/File Photo

Germany wants other European Union member states to follow its example in stopping arms exports to Saudi Arabia as long as uncertainty remains over the killing of journalist Jamal Khashoggi, Economy Minister Peter Altmaier said on Monday.

World News9 minutes ago

Indonesia President Joko Widodo welcomes Saudi Arabia Foreign Minister Adel bin Ahmed Al-Jubeir at presidential palace in Bogor, Indonesia, October 22, 2018. REUTERS/Beawiharta

Indonesian President Joko Widodo called for a "transparent and thorough" investigation of the death of journalist Jamal Khashoggi at a meeting on Monday with Saudi Arabia's foreign minister, the foreign minister of the Asian nation said.

World News9 minutes ago

Saudi Arabia's consulate is pictured from a skyscraper in Istanbul's Levent district, Turkey October 10, 2018. REUTERS/Murad Sezer

Five Turkish employees of the Saudi consulate in Istanbul are giving statements as witnesses under an investigation into the killing of Saudi journalist Jamal Khashoggi, Turkish broadcaster NTV said on Monday.

World News10 minutes ago

FILE PHOTO: Golf - Women's British Open - Royal Lytham & St Annes Golf Club, Lytham Saint Annes, Britain - August 2, 2018   China's Shanshan Feng in action during the first round   Action Images via Reuters/Jason Cairnduff

Chinese players on the elite U.S. professional women's golf tour have pulled out of this week's tournament in Taiwan at the 11th hour, after being told by someone "high up" in China to skip the event, sources familiar with the situation told Reuters.

World News10 minutes ago

FILE PHOTO: Flags of Taiwan and U.S. are placed for a meeting between U.S. House Foreign Affairs Committee Chairman Ed Royce speaks and with Su Chia-chyuan, President of the Legislative Yuan in Taipei, Taiwan March 27, 2018. REUTERS/Tyrone Siu

The United States sent two warships through the Taiwan Strait on Monday in the second such operation this year, as the U.S. military increases the frequency of transits through the strategic waterway despite opposition from China.

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