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Hong Kong shops, workers in rare strike to 'defend freedom'

HONG KONG (Reuters) - Hong Kong retailer Alan Li shut up shop on Wednesday, joining about 100 businesses and numerous workers in a rare strike to protest against an extradition bill that many fear will undermine freedom and confidence in the commercial hub.

“Even though we can’t do bu...

Minnesota governor signs law making marital rape illegal

In Minnesota, the repealed law protected a rapist if he or she cohabited and had a voluntary sexual relationship with the victim or if he or she was the victim’s spouse. If the couple lived apart and one of them has filed for legal separation or dissolution of the marriage, the law did not app...

U.S. government posts $147 billion deficit in March

The U.S. federal government posted a $147 billion budget deficit in March, according to data released on Wednesday by the Treasury Department.

Analysts polled by Reuters had expected a $180 billion deficit for the month.

The Treasury said federal spending in March was $376 bill...

U.S. approved secret nuclear power work for Saudi Arabia

The Trump administration has quietly pursued a wider deal on sharing U.S. nuclear power technology with Saudi Arabia, which aims to build at least two nuclear power plants. Several countries including the United States, South Korea and Russia are in competition for that deal, and the winners a...

Airbus shares take off after bumper Beijing order

“We do not have details of the delivery schedule of this order, but China has been taking about 20-25 percent of Airbus production per year and given the A320 family is sold out at announced production rates out to 2024/25, we believe this increases the probability of Airbus moving to a produc...

Bayer shares slide after latest Roundup cancer ruling

The case was only the second of some 11,200 Roundup lawsuits to go to trial in the United States. Another California man was awarded $289 million in August after a state court jury found Roundup caused his cancer. That award was later reduced to $78 million and is on appeal.

U.S. Dist...

Mueller probe already financed through September: officials

WASHINGTON (Reuters) - Special Counsel Robert Mueller and the team he assembled to investigate U.S. President Donald Trump and his associates have been funded through the end of September 2019, three U.S. officials said on Monday, an indication that the probe has funding to keep it going for m...

World shares tick higher on U.S.-China trade deal optimism

March is expected to be a crucial month for global markets. Britain’s parliament will vote on an agreement to leave the European Union, the U.S. Federal Reserve will hold a policy meeting that could yield clues on its plans for interest rates and balance sheet reduction, and the European Centr...