The Wire

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

World Newsin 2 minutes

Immigrant children now housed in a tent encampment under the new "zero tolerance" policy by the Trump administration are shown walking in single file at the facility near the Mexican border in Tornillo, Texas, U.S. June 19, 2018. REUTERS/Mike Blake

U.S. President Donald Trump told Republican lawmakers on Tuesday he would back either of the immigration bills making their way through the House of Representatives, as the outcry grew over his administration's separation of immigrant parents and children at the U.S.-Mexico border.

World Newsin 7 minutes

A Canadian flag with a marijuana leaf on it is seen during the annual 4/20 marijuana rally on Parliament Hill in Ottawa, Ontario, Canada, April 20, 2017. REUTERS/Chris Wattie

Canada's upper house of parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis.

Business Newsin 16 minutes

Willliam Ackman's hedge fund Pershing Square Capital Management LP said on Tuesday that Brian Welch, who led research efforts on Automatic Data Processing Inc <ADP.O>, one of the firm's recent investments, was leaving the company.

Business Newsin 26 minutes

FILE PHOTO: A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo

A lone Bank of Japan policymaker said additional easing was needed to accelerate inflation, but most members wanted to keep monetary policy unchanged, minutes from the central bank's policy meeting in April showed on Wednesday.

Business Newsin 27 minutes

FILE PHOTO: An Air India aircraft takes off from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, India, July 7, 2017. REUTERS/Amit Dave/File Photo

India has virtually abandoned a plan to sell its ailing state carrier Air India after failing to attract buyers, Bloomberg reported on Tuesday, citing people familiar with the matter.

Business Newsin 36 minutes

FILE PHOTO: A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California, U.S. on October 27, 2015. REUTERS/Lucy Nicholson/File Photo

Starbucks Corp <SBUX.O> forecast on Tuesday slower sales growth than Wall Street expected this quarter and plans to close about 150 U.S. cafes next fiscal year to boost performance, sending its shares down 2 percent after hours.

Business Newsin 37 minutes

Students attend Code Chrysalis, a software-coding boot camp, at a basement room in Tokyo, Japan, May 23 2018. REUTERS/Toru Hanai

Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani Munidasa stood before some of Japan's top business leaders in February with a warning: software was threatening their future.

Business Newsin 39 minutes

FILE PHOTO: The company logo of Noble Group is displayed at its office in Hong Kong, China January 22, 2016. REUTERS/Bobby Yip

Embattled commodity trader Noble Group on Wednesday said its shareholders would receive 20 percent of the equity in the company after restructuring, and that Goldilocks Investment Co would support the revised plan.

Business Newsin an hour

FILE PHOTO: The ticker and logo for General Electric Co. is displayed on a screen at the post where it is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. on June 30, 2016. REUTERS/Brendan McDermid/File Photo

General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once towered over the American business landscape but is now struggling to retain its standing as an industrial powerhouse.

World Newsin an hour

U.S. Ambassador to the United Nations Nikki Haley delivers remarks to the press together with U.S. Secretary of State Mike Pompeo, announcing the U.S.'s withdrawal from the U.N's Human Rights Council at the Department of State in Washington, U.S., June 19, 2018. REUTERS/Toya Sarno Jordan

The United States withdrew from a "hypocritical and self-serving" United Nations Human Rights Council on Tuesday over what it called chronic bias against Israel and a lack of reform, a move activists warned would make advancing human rights globally even more difficult.

World Newsin an hour

Immigrant children now housed in a tent encampment under the new "zero tolerance" policy by the Trump administration are shown walking in single file at the facility near the Mexican border in Tornillo, Texas, U.S. June 19, 2018. REUTERS/Mike Blake

U.S. President Donald Trump's policy of separating immigrant parents and their children at the U.S.-Mexico border has vulnerable Republican congressional candidates scrambling to distance themselves from the issue - but not from the president.

World Newsin an hour

Demonstrators take cover as police fire at them during a protest against the government of Nicaraguan President Daniel Ortega in Masaya, Nicaragua June 19, 2018. REUTERS/Oswaldo Rivas

Nicaraguan police and masked gunmen clashed with anti-government protesters on Tuesday, leaving at least six dead following the suspension of peace talks to quell two months of deadly demonstrations, a human rights group said.

Business Newsin an hour

FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S., February 11, 2014. REUTERS/Brendan McDermid/File Photo

Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, taking five seats on the board of the U.S. shale producer that he wants to sell.

Business Newsin an hour

FILE PHOTO: Jelena McWilliams, nominee to be chairperson of the Federal Deposit Insurance Corporation, speaks during a Senate Banking Committee hearing on Capitol Hill in Washington, U.S. January 23, 2018. REUTERS/Aaron P. Bernstein

The newly appointed head of the Federal Deposit Insurance Corporation (FDIC) said on Tuesday said she plans to review the decades-old system for measuring lenders' financial health, which banks say is outdated.

Business Newsin an hour

FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average outside a brokerage in Tokyo, Japan January 4, 2018. REUTERS/Kim Kyung-Hoon

Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China trade war drove down bond yields, and share and commodity prices.

Business Newsin 2 hours

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, U.S., September 15, 2015. REUTERS/Nick Oxford/File Photo

Oil prices rose in early Asian trading on Wednesday, supported by a drop in U.S. commercial crude inventories reported by the American Petroleum Institute (API).

Politicsin 2 hours

FILE PHOTO: The Twenty-First Century Fox Studios flag flies over the company building in Los Angeles, California U.S. November 6, 2017. REUTERS/Lucy Nicholson/File Photo

Some powerful Hollywood producers and directors have criticized Twenty-First Century Fox Inc over its news commentators' support for the U.S. immigration crackdown that separates children from their parents, with one award-winning producer threatening to take his work elsewhere.

World Newsin 2 hours

FILE PHOTO: Andrew Cuomo, Governor of New York, speaks to members of the press at Trump Tower in New York City, U.S. January 18, 2017. REUTERS/Stephanie Keith/File Photo

New York Governor Andrew Cuomo, a political opponent of U.S. President Donald Trump, said on Tuesday that the state would sue the Trump administration for separating children of immigrants from their parents when apprehended illegally crossing the U.S. border.

Business Newsin 2 hours

FILE PHOTO: People walk past Punjab National Bank's Brady House branch in Mumbai, India June 14, 2018. REUTERS/Francis Mascarenhas

A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank's own internal probe has found.

World Newsin 2 hours

A flyer released by the U.S. Department of Homeland Security (DHS) June 19, 2018, shows information being distributed in U.S.-Mexico border facilities at which immigrant parents are being detained. U.S. Department of Homeland Security/Handout via REUTERS

Over 2,300 children were separated from their parents at the U.S.-Mexico border between May 5 and June 9 under the Trump administration's "zero tolerance" policy, U.S. Customs and Border Protection said on Tuesday, and immigration advocates and legal experts say there is no clear system in place to reunite them.

World Newsin 2 minutes

Immigrant children now housed in a tent encampment under the new "zero tolerance" policy by the Trump administration are shown walking in single file at the facility near the Mexican border in Tornillo, Texas, U.S. June 19, 2018. REUTERS/Mike Blake

U.S. President Donald Trump told Republican lawmakers on Tuesday he would back either of the immigration bills making their way through the House of Representatives, as the outcry grew over his administration's separation of immigrant parents and children at the U.S.-Mexico border.

World Newsin 7 minutes

A Canadian flag with a marijuana leaf on it is seen during the annual 4/20 marijuana rally on Parliament Hill in Ottawa, Ontario, Canada, April 20, 2017. REUTERS/Chris Wattie

Canada's upper house of parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis.

Business Newsin 16 minutes

Willliam Ackman's hedge fund Pershing Square Capital Management LP said on Tuesday that Brian Welch, who led research efforts on Automatic Data Processing Inc <ADP.O>, one of the firm's recent investments, was leaving the company.

Business Newsin 26 minutes

FILE PHOTO: A Japanese flag flutters atop the Bank of Japan building in Tokyo, Japan, September 21, 2016. REUTERS/Toru Hanai/File Photo

A lone Bank of Japan policymaker said additional easing was needed to accelerate inflation, but most members wanted to keep monetary policy unchanged, minutes from the central bank's policy meeting in April showed on Wednesday.

Business Newsin 27 minutes

FILE PHOTO: An Air India aircraft takes off from the Sardar Vallabhbhai Patel International Airport in Ahmedabad, India, July 7, 2017. REUTERS/Amit Dave/File Photo

India has virtually abandoned a plan to sell its ailing state carrier Air India after failing to attract buyers, Bloomberg reported on Tuesday, citing people familiar with the matter.

Business Newsin 36 minutes

FILE PHOTO: A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California, U.S. on October 27, 2015. REUTERS/Lucy Nicholson/File Photo

Starbucks Corp <SBUX.O> forecast on Tuesday slower sales growth than Wall Street expected this quarter and plans to close about 150 U.S. cafes next fiscal year to boost performance, sending its shares down 2 percent after hours.

Business Newsin 37 minutes

Students attend Code Chrysalis, a software-coding boot camp, at a basement room in Tokyo, Japan, May 23 2018. REUTERS/Toru Hanai

Barely six months after inaugurating a tiny software-coding boot camp in a basement in Tokyo, Silicon Valley transplant Kani Munidasa stood before some of Japan's top business leaders in February with a warning: software was threatening their future.

Business Newsin 39 minutes

FILE PHOTO: The company logo of Noble Group is displayed at its office in Hong Kong, China January 22, 2016. REUTERS/Bobby Yip

Embattled commodity trader Noble Group on Wednesday said its shareholders would receive 20 percent of the equity in the company after restructuring, and that Goldilocks Investment Co would support the revised plan.

Business Newsin an hour

FILE PHOTO: The ticker and logo for General Electric Co. is displayed on a screen at the post where it is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. on June 30, 2016. REUTERS/Brendan McDermid/File Photo

General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once towered over the American business landscape but is now struggling to retain its standing as an industrial powerhouse.

World Newsin an hour

U.S. Ambassador to the United Nations Nikki Haley delivers remarks to the press together with U.S. Secretary of State Mike Pompeo, announcing the U.S.'s withdrawal from the U.N's Human Rights Council at the Department of State in Washington, U.S., June 19, 2018. REUTERS/Toya Sarno Jordan

The United States withdrew from a "hypocritical and self-serving" United Nations Human Rights Council on Tuesday over what it called chronic bias against Israel and a lack of reform, a move activists warned would make advancing human rights globally even more difficult.

World Newsin an hour

Immigrant children now housed in a tent encampment under the new "zero tolerance" policy by the Trump administration are shown walking in single file at the facility near the Mexican border in Tornillo, Texas, U.S. June 19, 2018. REUTERS/Mike Blake

U.S. President Donald Trump's policy of separating immigrant parents and their children at the U.S.-Mexico border has vulnerable Republican congressional candidates scrambling to distance themselves from the issue - but not from the president.

World Newsin an hour

Demonstrators take cover as police fire at them during a protest against the government of Nicaraguan President Daniel Ortega in Masaya, Nicaragua June 19, 2018. REUTERS/Oswaldo Rivas

Nicaraguan police and masked gunmen clashed with anti-government protesters on Tuesday, leaving at least six dead following the suspension of peace talks to quell two months of deadly demonstrations, a human rights group said.

Business Newsin an hour

FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York, U.S., February 11, 2014. REUTERS/Brendan McDermid/File Photo

Activist investor Carl Icahn on Tuesday won a battle for control of SandRidge Energy, taking five seats on the board of the U.S. shale producer that he wants to sell.

Business Newsin an hour

FILE PHOTO: Jelena McWilliams, nominee to be chairperson of the Federal Deposit Insurance Corporation, speaks during a Senate Banking Committee hearing on Capitol Hill in Washington, U.S. January 23, 2018. REUTERS/Aaron P. Bernstein

The newly appointed head of the Federal Deposit Insurance Corporation (FDIC) said on Tuesday said she plans to review the decades-old system for measuring lenders' financial health, which banks say is outdated.

Business Newsin an hour

FILE PHOTO: Men exchange greetings in front of an electronic board displaying the Nikkei average outside a brokerage in Tokyo, Japan January 4, 2018. REUTERS/Kim Kyung-Hoon

Stocks in Asia rebounded from recent losses on Wednesday as investors sought bargains, a day after the specter of a U.S.-China trade war drove down bond yields, and share and commodity prices.

Business Newsin 2 hours

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, U.S., September 15, 2015. REUTERS/Nick Oxford/File Photo

Oil prices rose in early Asian trading on Wednesday, supported by a drop in U.S. commercial crude inventories reported by the American Petroleum Institute (API).

Politicsin 2 hours

FILE PHOTO: The Twenty-First Century Fox Studios flag flies over the company building in Los Angeles, California U.S. November 6, 2017. REUTERS/Lucy Nicholson/File Photo

Some powerful Hollywood producers and directors have criticized Twenty-First Century Fox Inc over its news commentators' support for the U.S. immigration crackdown that separates children from their parents, with one award-winning producer threatening to take his work elsewhere.

World Newsin 2 hours

FILE PHOTO: Andrew Cuomo, Governor of New York, speaks to members of the press at Trump Tower in New York City, U.S. January 18, 2017. REUTERS/Stephanie Keith/File Photo

New York Governor Andrew Cuomo, a political opponent of U.S. President Donald Trump, said on Tuesday that the state would sue the Trump administration for separating children of immigrants from their parents when apprehended illegally crossing the U.S. border.

Business Newsin 2 hours

FILE PHOTO: People walk past Punjab National Bank's Brady House branch in Mumbai, India June 14, 2018. REUTERS/Francis Mascarenhas

A $2 billion fraud at India's Punjab National Bank (PNB) may have been orchestrated by a few rogue employees, but it escaped detection because of widespread risk-control and monitoring lapses in many areas of the bank, the bank's own internal probe has found.

World Newsin 2 hours

A flyer released by the U.S. Department of Homeland Security (DHS) June 19, 2018, shows information being distributed in U.S.-Mexico border facilities at which immigrant parents are being detained. U.S. Department of Homeland Security/Handout via REUTERS

Over 2,300 children were separated from their parents at the U.S.-Mexico border between May 5 and June 9 under the Trump administration's "zero tolerance" policy, U.S. Customs and Border Protection said on Tuesday, and immigration advocates and legal experts say there is no clear system in place to reunite them.

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