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Tokyo Stocks Close Lower on U.S.-N. Korea Woes

Tokyo stocks closed ended lower on Tuesday as exporters were hit by a rush into the safe-haven yen with tensions between the United States and North Korea flaring up again.

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Modi Promises Electricity for Every Indian House

Prime Minister Narendra Modi has vowed that every home in India will have electricity by December 2018 as he moves to shore up voter support amid doubts over his handling of the economy.

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Macron Government to Unveil Belt-Tightening First Budget

French President Emmanuel Macron's government is set to unveil its first annual budget on Wednesday, balancing tricky priorities as it seeks to cut taxes while also slashing the deficit.

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World's Biggest Uncut Diamond Sells for $53 Million

British jeweler Graff said Tuesday it has purchased the world's largest uncut diamond -- roughly the size of a tennis ball -- for $53 million (44.5 million euros). 

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France Launches 57-Billion-Euro Investment Fund

Prime Minister Edouard Philippe announced plans Monday to pour 57 billion euros ($67.8 billion) into modernizing France's economy, with a hefty chunk set aside for making it more environmentally-friendly.

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UAE to Open Arab Gulf's First Nuclear Reactor in 2018

The United Arab Emirates on Monday announced plans to open a nuclear power plant next year, in what would be a first for the emirate and the Arab Gulf region.

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OPEC to Discuss Extending Cuts, Quotas

OPEC will discuss extending production cuts that have boosted oil prices and imposing output quotas on all cartel members at a November meeting in Vienna, an Emirati minister said Monday.

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More U.S. Business Economists See 'Downside' Economic Risks

Amid uncertainty over President Donald Trump's growth agenda, U.S. economists increasingly are worried about risks to the economy, though they see little chance of a recession near term, according to a survey released Monday.

The National Association for Business Economists quarterly survey showed little change in the forecasts compared with June in key areas such as economic growth, which was projected at 2.2 percent in 2017 and 2.4 percent in 2018.

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600,000 Sign Petition to Overturn London Uber Ban

More than 600,000 people had by Sunday signed a petition asking London transport authorities to reverse their decision not to renew Uber's license when it expires.

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UK Negotiator Dismisses Reports of £40 Billion Brexit Bill

Brexit negotiator David Davis on Sunday dismissed a report that Britain was prepared to pay a £40 billion ($54 billion, 45 billion euros) divorce bill on leaving the European Union.

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