Business

Former Exxon CEO Rex Tillerson testifies in climate change fraud trial

Former Exxon Mobil Corp Chief Executive Officer Rex Tillerson answered questions on Wednesday about the oil major’s methods of measuring potential costs of climate change, as he testified in a closely watched civil lawsuit accusing the company of hiding the costs from investors.

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Fed expected to cut rates, but resilient economy may signal pause ahead

The Federal Reserve is expected to reduce interest rates on Wednesday, but new data showing resilient U.S. economic growth may make that rate cut the last for now.

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Impeachment testimony details lobbyist bid to get U.S. envoy to Ukraine fired

A Republican former congressman turned lobbyist repeatedly pushed for the dismissal of U.S. ambassador to Ukraine Marie Yovanovitch, an action later taken by President Donald Trump after he was urged to do so by his personal lawyer Rudy Giuliani, a U.S. diplomat said in testimony on Wednesday.

Politics

Impeachment testimony details lobbyist bid to get U.S. envoy to Ukraine fired

A Republican former congressman turned lobbyist repeatedly pushed for the dismissal of U.S. ambassador to Ukraine Marie Yovanovitch, an action later taken by President Donald Trump after he was urged to do so by his personal lawyer Rudy Giuliani, a U.S. diplomat said in testimony on Wednesday.

World

Syrian army, Turkish force clash near border: state media

Syrian army troops clashed with Turkish forces near the border town of Ras al Ain on Wednesday, Syrian state media reported, as Ankara said it reserved the right to launch another cross-border offensive against Kurdish YPG militia.

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Syrian army, Turkish force clash near border: state media

Syrian army troops clashed with Turkish forces near the border town of Ras al Ain on Wednesday, Syrian state media reported, as Ankara said it reserved the right to launch another cross-border offensive against Kurdish YPG militia.

World

Chile says it can’t host trade and climate summits after protests

Chile has withdrawn as host of the APEC trade summit in November and the COP25 climate summit in December after several weeks of violent unrest, President Sebastian Pinera announced on Wednesday.

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Chile says it can’t host trade and climate summits after protests

Chile has withdrawn as host of the APEC trade summit in November and the COP25 climate summit in December after several weeks of violent unrest, President Sebastian Pinera announced on Wednesday.

Politics

U.S. State Department official knew Trump attorney involved in campaign against ambassador

President Donald Trump’s nominee to be U.S. ambassador to Russia, John Sullivan, said on Wednesday he had known earlier this year that the president’s personal attorney, Rudy Giuliani, was involved in a campaign about then-Ambassador to Ukraine Marie Yovanovitch that helped lead to her dismissal.

World

Approving PM Johnson’s Brexit deal would be top priority of Conservative government: spokesman

British Prime Minister Boris Johnson’s first priority if his Conservative Party wins a majority at a planned December election will be to get his Brexit deal approved by parliament, his spokesman said on Wednesday.

World

Bosnian Serb ex-soldier jailed for 20 years for burning Muslim civilians

A Bosnian court jailed a former Bosnian Serb soldier for 20 years on Wednesday for setting ablaze 57 Muslim Bosniaks, of whom 26 including a two-day-old baby died, near the eastern town of Visegrad early in Bosnia’s 1992-95 war.

World

Algerian protesters march on in defiance of ‘The Power’

Riad Mostefai has marched through the capital of Algeria every Friday since February to demand a purge of the ruling hierarchy, an end to corruption and the army’s withdrawal from politics.

Business

U.S. lawmakers press Boeing CEO on 737 MAX development

Boeing Co Chief Executive Dennis Muilenburg faced a second day of questions on Wednesday from U.S. lawmakers on the company’s now-grounded 737 MAX after sharp criticism at a Senate hearing Tuesday.

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U.S. lawmakers press Boeing CEO on 737 MAX development

Boeing Co Chief Executive Dennis Muilenburg faced a second day of questions on Wednesday from U.S. lawmakers on the company’s now-grounded 737 MAX after sharp criticism at a Senate hearing Tuesday.

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Approving PM Johnson’s Brexit deal would be top priority of Conservative government: spokesman

British Prime Minister Boris Johnson’s first priority if his Conservative Party wins a majority at a planned December election will be to get his Brexit deal approved by parliament, his spokesman said on Wednesday.

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U.S. State Department official knew Trump attorney involved in campaign against ambassador

President Donald Trump’s nominee to be U.S. ambassador to Russia, John Sullivan, said on Wednesday he had known earlier this year that the president’s personal attorney, Rudy Giuliani, was involved in a campaign about then-Ambassador to Ukraine Marie Yovanovitch that helped lead to her dismissal.

Sports

Svitolina advances to semis as injury sidelines Andreescu

Defending champion Elina Svitolina became the first player to secure a semi-final spot at the WTA Finals on Wednesday with a straight sets win over Simona Halep while Bianca Andreescu retired injured in her meeting with Karolina Pliskova.

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Chile’s APEC withdrawal caught White House by surprise: U.S. official

Chile’s cancellation of the APEC trade summit in November caught the White House by surprise, a White House official told Reuters.

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Chile withdraws as host of trade and climate summits

Chile has withdrawn as host of the APEC trade summit in November and the COP25 climate summit in December after several weeks of violent unrest, President Sebastian Pinera announced on Wednesday.

U.S.

‘We are hopeful’: Chicago teachers picket on 10th day of strike

A teachers’ strike in Chicago moved into the 10th school day on Wednesday, as the teachers’ union and district worked to resolve a contract deadlock over class sizes, support staff levels and pay at the bargaining table.

World

Pointing to Iraq, Lebanon, Khamenei recalls how Iran put down unrest

Iran’s supreme leader on Wednesday accused the United States and Saudi Arabia of stoking unrest in Lebanon and Iraq, saying Tehran understood the situation in those countries because it had had to suppress similar foreign interference at home.

World

Chile’s APEC withdrawal caught White House by surprise: U.S. official

Chile’s cancellation of the APEC trade summit in November caught the White House by surprise, a White House official told Reuters.

World

Bolivia election monitor to begin ‘binding’ audit on contested result

The Organization of American States (OAS) will begin a “binding” audit of Bolivia’s fiercely contested presidential vote, which sparked nationwide protests and allegations of fraud after handing socialist leader Evo Morales a first-round win.

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Factbox: What happens at the Fed’s rate-setting meetings?

The Federal Reserve concludes its latest two-day policy meeting on Wednesday to set a key U.S. interest rate that impacts investors, consumers, and companies around the world.

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Fiat Chrysler calls board meeting on Peugeot tie-up: sources

Italy’s Fiat Chrysler has called a board meeting for late Wednesday to discuss a possible tie-up with French rival Peugeot , two sources familiar with the matter said.