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Reuters: Top News

Senate moves to end government shutdown
WASHINGTON (Reuters) - U.S. senators voted to move forward on legislation that would reopen the federal government until Feb. 8, ending a three-day standoff between Democrats and President Donald Trump's Republicans over immigration and border security.

POSTED JANUARY 22, 2018 1:13 PM
Five workers missing in explosion at Oklahoma drilling site: sheriff's office
HOUSTON (Reuters) - Five workers were missing in a gas explosion on Monday at an Oklahoma drilling site controlled by Red Mountain Operating Co, local officials said.

POSTED JANUARY 22, 2018 12:53 PM
Sudanese authorities release Reuters, AFP journalists
CAIRO (Reuters) - Sudanese authorities on Monday released a Reuters journalist and an Agence France-Presse (AFP) reporter who were detained w1hile covering protests in Khartoum on Wednesday last week.

POSTED JANUARY 22, 2018 1:00 PM
FDA releases initial review of Philip Morris' iQOS device
(Reuters) - An electronic product made by Philip Morris International Inc that heats rather than burns tobacco contains lower levels of harmful and potentially harmful compounds than cigarettes, a preliminary review by the U.S. Food and Drug Administration (FDA) concluded on Monday.

POSTED JANUARY 22, 2018 12:47 PM
Biotech M&A takes off as Sanofi and Celgene spend $20 billion
(Reuters) - Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for hemophilia and cancer to their medicine cabinets.

POSTED JANUARY 22, 2018 11:09 AM
Turkey expects swift campaign against U.S.-backed Kurds in Syria
HASSA, Turkey (Reuters) - Turkey shelled targets in northwest Syria on Monday and said it would swiftly crush U.S.-backed Kurdish YPG fighters in an air and ground offensive on the Afrin region beyond its border.

POSTED JANUARY 22, 2018 1:03 PM
U.S., EU discordant notes on Jerusalem underline Mideast policy rift
JERUSALEM/BRUSSELS (Reuters) - In a fresh display of Western discord over Middle East peace efforts, the United States said on Monday its Israel embassy would move to Jerusalem by the end of 2019, while its European Union allies voiced support for East Jerusalem as capital of a Palestinian state.

POSTED JANUARY 22, 2018 12:15 PM
Catalan crisis rekindled as parliament proposes Puigdemont as leader
MADRID/COPENHAGEN (Reuters) - Catalonia's parliament nominated former leader Carles Puigdemont, sacked by Spain for unilaterally declaring independence, as candidate to rule the region again in a sign of defiance to Madrid and Prime Minister Mariano Rajoy's government.

POSTED JANUARY 22, 2018 1:12 PM
Contrite pope apologises for sexual abuse comments that 'wounded many'
ABOARD THE PAPAL PLANE (Reuters) - Pope Francis, in an extremely rare act of self-criticism, apologised to victims of clerical sex abuse on Sunday, acknowledging he had "wounded many" in comments defending a Chilean bishop who is under scrutiny.

POSTED JANUARY 22, 2018 10:12 AM
Higher oil prices give Halliburton better-than-expected fourth quarter
(Reuters) - U.S. oilfield services company Halliburton Co reported a bigger-than-expected fourth-quarter profit after charges and gave an upbeat outlook for 2018, as higher oil prices continue to push U.S. production near record levels.

POSTED JANUARY 22, 2018 12:46 PM

Business Insurance

Insurance industry addressing climate change, but influence limited: Report
The insurance industry is already taking action to address the climate change challenge, but external hurdles hinder the expansion of the sector’s contributions, The Geneva Association says in a report.

POSTED JANUARY 22, 2018 10:42 AM
Delaware sues opioid manufacturers, distributors over epidemic

POSTED JANUARY 22, 2018 9:14 AM
National Flood Insurance Program lapses on government shutdown

POSTED JANUARY 22, 2018 8:59 AM
AIG to buy reinsurer Validus Holdings for $5.56 billion

POSTED JANUARY 22, 2018 7:49 AM
Storm Friederike causes up to $1 billion in insured losses
Insurance industry experts said that storm Friederike is likely to have caused up to €800 million ($980 million) in insured losses in Germany.

POSTED JANUARY 22, 2018 5:38 AM
Cyber attack hits Chinese smartphone firm
China-based smartphone maker Shenzhen Oneplus Science & Technology Co. Ltd. said that a cyber attack hit the firm's website compromising the credit card information of 40,000 customers.

POSTED JANUARY 22, 2018 5:37 AM
UK to fine company bosses for "lining own pockets"
Theresa May, U.K.'s prime minister, said that huge fines will be imposed on company bosses who put their workers' pensions at risk by lining their own pockets.

POSTED JANUARY 22, 2018 5:36 AM
Iran looks to set up natural disaster insurance fund
The Central Insurance of Iran is awaiting approval from the government to set up a natural disaster insurance fund.

POSTED JANUARY 22, 2018 5:35 AM
Magnitude-6.3 quake strikes Chile
The U.S. Geological Survey said that a 6.3-magnitude earthquake struck Chile, shaking the northern area of the country near the Peru border.

POSTED JANUARY 22, 2018 5:33 AM
Premiums likely to increase following rise in piracy
Insurance premiums could rise for importers in Kenya following a rise in pirate attacks off the Somalian coast in the Indian Ocean in 2017.

POSTED JANUARY 22, 2018 5:32 AM

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