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Trump Eyes Reform of H-1B Visas for Skilled Workers

President Donald Trump wants to retool the fabled H-1B visas for skilled workers sought by Silicon Valley heavyweights, a White House official said Monday.

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Pence Says New U.S.-Japan Talks Could Lead to Trade Deal

The U.S. and Japan on Tuesday launched economic talks that Vice President Mike Pence said could result in a bilateral trade deal, perhaps salvaging some elements of a now-abandoned trans-Pacific trade pact.

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European Stock Markets Slump on Elections Fever

European stock markets slid Tuesday with political uncertainty dominating as Britain called a snap general election and France's presidential race tightened.

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Indian Tycoon Mallya Arrested in London for Extradition

Indian tycoon Vijay Mallya has been arrested in London on an extradition request from India, where he is accused of fraud, British police said on Tuesday.

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Saudi Seeks 10% Renewable Energy in Six Years

Saudi Arabia wants 10 percent of its electricity to come from renewable sources within several years as part of a transformation in its power sector, the energy minister said Monday.

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U.S. Stocks Up at Start of Heavy Earnings Week

Wall Street stocks advanced early Monday ahead of a heavy week of corporate earnings including major companies such as Bank of America, Netflix, General Electric and others.

Companies in the S&P 500 are expected to report 9.2 percent growth in first-quarter earnings, according to FactSet. 

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Turkey Stocks, Lira Rally after Erdogan Wins Vote

Turkish stocks and the lira strengthened on Monday after President Recep Tayyip Erdogan narrowly won a referendum on expanding his powers, with investors hoping the outcome would bring much-needed stability.

On Sunday, the 'Yes' side won 51.41 percent of the vote compared with 48.59 for the 'No', near full results showed. 

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Asia Markets Cautious but China Growth Figures Upbeat

Asian markets moved cautiously Monday even as Chinese economic growth data beat expectations, with geopolitical concerns weighing on sentiment.

China's economy grew 6.9 percent in the first quarter of 2017, government data showed, marking the second quarterly improvement since the final three months of 2014.

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Tears and Cheers Greet China's New Economic Zone

Business owner Hu Weibing weeps at the prospect of losing everything, including his home, after China's surprise announcement to transform a rural spot outside Beijing into a modern metropolis nearly three times the size of New York City.

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Amazon, Flipkart Battle in India for e-Commerce's 'Last Frontier'

With 100 million new internet users every year, Amazon is betting big on India, but a major new investment in homegrown rival Flipkart means the battle to dominate the fast-growing e-commerce market is set to heat up.

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