Economy Government and Policy

  • Orders for US durable goods slipped slightly in August

    U.S. factories saw slightly fewer orders for big-ticket manufactured goods in August, with a decline in aircraft orders accounting for the modest slip. Orders for durable goods were nearly flat in August, ...

  • Singer Britney Spears arrives at the 2016 MTV Video Music Awards in New York

    (Reuters) - After a career spanning two decades that include highs and lows, pop singer Britney Spears discussed her inspirations and why her latest album should not be seen as a return to music. Hundreds of fans cheered, sang and danced at the Roundhouse music venue in Camden as Spears and a troupe of male and female …

  • What you need to know about economy in September 2016

    So here we are at statistically the worst performing month of the stock market in the calendar ye...

  • Republican U.S. presidential nominee Donald Trump and Democratic U.S. presidential nominee Hillary Clinton shake hands at the end of their first presidential debate at Hofstra University in Hempstead

    By Jill Serjeant and Lisa Richwine NEW YORK/LOS ANGELES (Reuters) - The first presidential debate between Democrat Hillary Clinton and Republican Donald Trump drew 84 million U.S. television viewers, a record for such an event and numbers rarely seen on TV in the age of digital streaming and social media. The audience …

  • Blue topaz gemstone, largest of its kind, to go in … Reuters - Wed, Sep 28, 2016 1:36 AM SGT
    Philanthropist Maurice Ostro looks through his Ostro stone, the largest known blue topaz stone, for media at the Natural History Museum in London

    A flawless blue topaz gemstone, said to be the largest of its kind, is set to go on display at London's Natural History Museum. The Ostro stone weighs around 2 kg (4.4 lb) and will be exhibited from Oct. 19, on permanent loan from British entrepreneur and philanthropist Maurice Ostro, the museum said. "The original rough …

  • Time Out to run food and drink markets in London and … Reuters - Tue, Sep 27, 2016 7:40 PM SGT

    Time Out, best known for its listings magazines, said on Tuesday it was close to setting up its own food and drink markets in London and Porto, after the British firm's first such venture attracted more than a million visitors in Lisbon. Chief Executive Julio Bruno said revenue at Time Out Market Lisbon had more than doubled …

  • Sales of new homes tumbled 7.6 percent in August Associated Press - Tue, Sep 27, 2016 4:05 AM SGT
    Sales of new homes tumbled 7.6 percent in August

    Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. Activity fell in all regions of the country except the West. New home sales dropped 7.6 percent ...

  • 'Peter Rabbit' coming to big screen, James … Reuters - Tue, Sep 27, 2016 3:33 AM SGT
    Assistant Takeda looks at the first edition of The Tale of Peter Rabbit in Higashi Matsuyama

    British stars James Corden and Daisy Ridley will help to bring the classic children's tales of "Peter Rabbit" to the big screen, Sony's Columbia Pictures studios said on Monday. Corden, host of CBS's "The Late Late Show," will voice Peter Rabbit and actress Rose Byrne will voice a character named Bea in the live-action …

  • David Bowie's art collection arrives in NY ahead … Reuters - Tue, Sep 27, 2016 3:24 AM SGT

    (Reuters) - Sotheby's on Monday previewed the contemporary art collection of late rock star David Bowie at their gallery headquarters in New York ahead of its auction in November. Bowie, who died in January at age 69, amassed a huge collection of art for which he was well known. Among the top lots in the sale is a piece …

  • Large backside, pennies and train among Turner Prize … Reuters - Tue, Sep 27, 2016 1:58 AM SGT
    Gallery assistant poses amongst work by Anthea Hamilton from her nominated show "Lichen! Libido!(London!) Chastity!" at a preview of the Turner Prize in London

    A large sculpture of a bare backside and a model train were among the artworks unveiled at the Turner Prize exhibition in London on Monday in the run-up to Britain's annual contemporary art award. The Tate Britain museum presented works by the four contenders for this year's award, which will be announced on Dec. 5. Among …

  • Canada's Giller literary prize shortlist includes … Reuters - Tue, Sep 27, 2016 1:21 AM SGT

    The shortlist for this year's Scotiabank Giller Prize, Canada's richest fiction award, includes writer Madeleine Thien, who is also a finalist for the Man Booker Prize, considered one of the world's most prestigious. Thien was also named for the Man Booker Prize earlier this month. To be considered, a book must be written …

  • Paris planning nudist park - deputy mayor Reuters - Mon, Sep 26, 2016 6:23 PM SGT

    PARIS (Reuters) - Paris authorities plan to open a park for nudists in the French capital some time in the not too distant future. "We need to find the right place and we don't want to upset anyone or ruffle feathers," Deputy Paris Mayor Bruno Julliard said. "It'll probably be a park or garden," …

  • Daniel Radcliffe not interested in revisiting Harry … Reuters - Sat, Sep 24, 2016 12:29 PM SGT
    Actor Daniel Radcliffe arrives at the 85th Academy Awards in Hollywood

    Pottermania may be alive and well thanks to upcoming Harry Potter spinoff film "Fantastic Beasts and Where To Find Them" and a hit London play, but actor Daniel Radcliffe says he has no interest in revisiting his role as the boy wizard. Asked about speculation that there could be a movie version of the London play "Harry …

  • Cowboys, heat and rain: 'Magnificent Seven' … Reuters - Sat, Sep 24, 2016 3:58 AM SGT
    Actors Denzel Washington and Chris Pratt pose with a horse during the red carpet of the movie "The Magnificent Seven" at the 73rd Venice Film Festival in Venice

    By Piya Sinha-Roy LOS ANGELES (Reuters) - Bringing the American Wild West to life was no easy task, just ask the cast of "The Magnificent Seven," who endured scorching heat and torrential rain in wool costumes in the Louisiana summer. "We had a lot of lightning, thunder issues where we had to shut (production) down, but …

  • 'Monty Python' actor-director Terry Jones diagnosed … Reuters - Sat, Sep 24, 2016 2:55 AM SGT
    British comedian Jones smiles as he leaves The Rolls Building in central London

    (Reuters) - Actor and director Terry Jones, a founding member of Britain's zany Monty Python comedy team, has been diagnosed with a form of dementia that restricts his capacity to speak, his representative said. Jones, 74, is a member of "Monty Python's Flying Circus," formed in the late 1960s with John Cleese, Eric Idle, …

  • Oscar Wilde's home gets special status in UK tribute … Reuters - Sat, Sep 24, 2016 1:08 AM SGT

    By Pietro Lombardi LONDON (Thomson Reuters Foundation) - The London home of Irish playwright Oscar Wilde and other landmarks linked to gay figures have been awarded special status, the UK's leading heritage body said, in a tribute to the often overlooked contribution of gay communities in shaping modern Britain. Other …

  • Italian museums strive to turn cultural wealth into … Reuters - Fri, Sep 23, 2016 7:43 PM SGT

    By Isla Binnie CASERTA, Italy (Reuters) - Where the kings of Naples once parked their horse-drawn carriages, the guardians of a more enduring symbol of Italy - mozzarella cheese - are setting up their headquarters. Renting the Caserta palace coach house to a consortium that promotes the mozzarella brand is typical of …

  • Ig Nobel Prizes: Work on sex life of rats, life as … Reuters - Fri, Sep 23, 2016 12:19 PM SGT
    Atsugi Higashiyama of Japan accepts the 2016 Ig Nobel Prize in Perception during the 26th First Annual Ig Nobel Prize ceremony at Harvard University in Cambridge

    By Scott Malone CAMBRIDGE, Mass. (Reuters) - Scientific research into how polyester pants affect the sex life of rats, what it's like for a human to live like a badger and how different the world looks when viewed through your legs was honoured at this year's Ig Nobel spoof awards. The group also took a dig at Volkswagen …

  • Work on sex life of rats, life as a badger honoured … Reuters - Fri, Sep 23, 2016 7:15 AM SGT
    Atsugi Higashiyama of Japan accepts the 2016 Ig Nobel Prize in Perception during the 26th First Annual Ig Nobel Prize ceremony at Harvard University in Cambridge

    By Scott Malone CAMBRIDGE, Mass. (Reuters) - Scientific research into how polyester pants affect the sex life of rats, what it's like for a human to live like a badger and how different the world looks when viewed through your legs was honoured at this year's Ig Nobel spoof awards. The group also took a dig at Volkswagen …

  • Oxford ranked world's top university, just as Brexit … Reuters - Thu, Sep 22, 2016 6:59 PM SGT
    The rooftops of the university city of Oxford are seen from the south west

    By Peter Hobson LONDON (Reuters) - The University of Oxford, the oldest university in the English-speaking world and feeder for the British elite, has topped a global education ranking for the first time, but its vice-chancellor warned that Brexit could damage its long-term prospects. Oxford knocked the leader for the …

  • Bangkok edges out London as world's top travel … Reuters - Thu, Sep 22, 2016 12:58 PM SGT
    A thai classical dancer poses for photos at the Erawan shrine in central of Bangkok

    The Thai capital of Bangkok has beaten London to be crowned the world's most popular travel destination this year, according to an annual ranking by global payments and technology company Mastercard released on Thursday. Tourism has been one of the rare bright spots for Thailand, Southeast Asia's second-largest economy, …

  • Whose sky is it anyway? U.S. drone case tests rights … Reuters - Wed, Sep 21, 2016 9:59 PM SGT
    A model of a military drone is seen in front of an U.S. flag as protesters rally against climate change, ahead of the Democratic National Convention, in Philadelphia

    By Paola Totaro and Konstantin Kakaes LONDON/WASHINGTON (Thomson Reuters Foundation) - When a small town American roofer took legal action against a neighbour for shooting down his drone, the local dispute sparked a case that could help shape the newest frontier of property rights law – who owns the air. Drone owner David …

  • After split, London's Madame Tussauds separates … Reuters - Wed, Sep 21, 2016 7:17 PM SGT
    Wax models of actors Brad Pitt and Angelina Jolie are pictured with a wedding cake and bridal veil in celebration of their recent wedding, at the Madame Tussauds attraction in Sydney

    London's Madame Tussauds museum said on Wednesday it had separated its wax figure replicas of Angelina Jolie and Brad Pitt after the Hollywood power couple announced their split. Jolie's attorney said on Tuesday the actress had filed for divorce from Pitt, her romantic partner since 2005 and husband of two years. "We …

  • Blunt embraces dark, damaged protagonist in 'Girl … Reuters - Wed, Sep 21, 2016 8:27 AM SGT
    Emily Blunt poses as she arrives at the World premiere of "The Girl on the Train" at Leicester Square in London

    (Reuters) - Happily married with two young children, actress Emily Blunt relished the opportunity to play a divorced, alcoholic, damaged protagonist in her latest thriller, "The Girl on the Train." Blunt, married to actor John Krasinski and known for embracing comedy in "The Devil Wears Prada," "The Five-Year Engagement" …

  • Unemployment rates mostly fall in US battleground  … Associated Press - Tue, Sep 20, 2016 11:34 PM SGT
    FILE - In this Tuesday, July 19, 2016, file photo, people stand in line to register for a job fair, in Miami Lakes, Fla. On Tuesday, Sept. 20, 2016, the Labor Department reports on state unemployment rates for August. (AP Photo/Lynne Sladky, File)

    WASHINGTON (AP) — Unemployment rates in U.S. presidential swing states, including Florida and North Carolina, mostly fell in August compared with a year ago.

  • UK's famed red phone boxes get revamp - as min … Reuters - Tue, Sep 20, 2016 11:28 PM SGT
    Tourists take a selfie next to a traditional red telephone box as they enter the British colony of Gibraltar at its border with Spain

    "The sheer volume of tourists who come and stand by the box and take selfies and photographs indicates just how iconic and important they are." Pod Works launched its first such work station in central London's Russell Square this month and is opening others across the capital, for which membership costs 25 pounds ($32) …

  • London wraps up fashion week amid Brexit uncertain … Reuters - Tue, Sep 20, 2016 10:48 PM SGT
    Models present creations at the Emilio De la Morena catwalk show during London Fashion Week Spring/Summer 2017 in London

    London wrapped up its seasonal fashion week on Tuesday after five days of luxury and highstreet labels unveiling colourful and eclectic collections amid Brexit uncertainty. Holding its leg of the spring/summer 2017 shows after New York, London staged its first fashion week since Britain shocked the world by voting in June …

  • Burberry inspires nostalgia, Christopher Kane elevates … Reuters - Tue, Sep 20, 2016 10:44 AM SGT
    Burberry creative director Christopher Bailey acknowledges the audience at the Burberry catwalk show during London Fashion Week Spring/Summer 2017 in London

    Floral prints and Victorian ruffles defined Burberry's first "see-now-buy-now" collection at London Fashion Week on Monday, while Christopher Kane opted to spin a high-fashion twist on the utilitarian Crocs slip-on boating shoes. British label Burberry debuted both menswear and womenswear collections on the runway and …

  • Jason Aldean tops U.S. Billboard album chart, holds … Reuters - Tue, Sep 20, 2016 3:57 AM SGT
    Jason Aldean performs during the 2016 CMT Music Awards in Nashville

    By Piya Sinha-Roy LOS ANGELES (Reuters) - Country singer Jason Aldean debuted at the top of the weekly U.S. Billboard 200 album chart on Monday, edging out rapper Drake's long-standing "Views." Aldean's "They Don't Know" sold 138,000 album units, which comprised 131,000 albums, 62,000 song sales and 1.4 million online …

  • Celebrities from Sting to Pussy Riot support 'We … Reuters - Tue, Sep 20, 2016 1:57 AM SGT
    Musician Sting performs during a KCSN radio live session at Valley Performing Arts Center at California State University in Northridge

    By Sally Hayden LONDON (Thomson Reuters Foundation) - More than 175 world renowned artists including Sting, Robert Plant and Elvis Costello, have joined forces to back a song that supports greater action to address the global refugee crisis, campaign organisers said on Monday. The royalties from "We Are Not Afraid" will …

  • Bags and bling, tourists seek bargains in Brexit B … Reuters - Tue, Sep 20, 2016 12:19 AM SGT
    A sightseeing bus drives past the Houses of Parliament in London

    By Laura Gardner Cuesta LONDON (Reuters) - The sharp fall in sterling since Britain voted to leave the European Union has encouraged tourists to go on a spending spree, providing a little relief for the economy as it faces an overall sharp slowdown. Foreign visitors have helped boost high street sales since the referendum …

  • Geometry, uniforms and 1980s inspire London catwal … Reuters - Mon, Sep 19, 2016 7:12 PM SGT
    Models present creations at the Burberry catwalk show during London Fashion Week Spring/Summer 2017 in London

    Designers took inspiration from geometry, the 1980s and British uniforms for their London Fashion Week creations over the weekend, with more labels selling items hot off the catwalk as they adopt the runway to a retail business model. High street brand Topshop became the latest to offer customers the chance to buy designs …

  • FACTBOX: Key winners at the 2016 Primetime Emmy Aw … Reuters - Mon, Sep 19, 2016 12:10 PM SGT
    Miguel Sapochnik accepts the award for Outstanding Directing For A Drama Series at the 68th Primetime Emmy Awards in Los Angeles

    LOS ANGELES (Reuters) - The 68th Primetime Emmy Awards, the highest honors in U.S. television, were handed out on Sunday by the Academy of Television Arts and Sciences at a ceremony in Los Angeles hosted by comedian Jimmy Kimmel. The following is a list of winners in key categories. BEST DRAMA SERIES "Game of Thrones" …

  • Queen's cousin Lord Ivar Mountbatten says he is … Reuters - Sun, Sep 18, 2016 7:59 PM SGT

    Lord Ivar Mountbatten, a cousin of Queen Elizabeth, has become the first member of the British royal family to come out as gay. Mountbatten, who has three children with ex-wife Penelope (Penny) Thompson, told the Mail on Sunday newspaper he had struggled with his sexuality but was happy to now be in a partnership with …

  • How is the Indonesian tax amnesty affecting Singap … ZUU online - Sun, Sep 18, 2016 5:15 PM SGT
    How is the Indonesian tax amnesty affecting Singapore?

    Beyond news of the haze, perhaps you would have heard that Indonesia has rolled out another tax a...

  • Rolling Stones premiere Cuba concert documentary in … Reuters - Sat, Sep 17, 2016 12:32 PM SGT
    Richards greets fellow bandmate Wood on the red carpet for the film "The Rolling Stones Ole Ole Ole! : A Trip Across Latin America during the Toronto International Film Festival in Toronto

    By Alastair Sharp TORONTO (Reuters) - Keith Richards returned to the Toronto International Film Festival for a second straight year on Friday, joining band mate Ronnie Wood at the premiere of a documentary of their recent Latin America tour that culminated in an historic Cuban concert. The film 'The Rolling Stones Olé …

  • Rise of Westeros' women keeps 'Game of Thrones' … Reuters - Sat, Sep 17, 2016 5:26 AM SGT
    Fans wait for guests to arrive at the world premiere of the television fantasy drama "Game of Thrones" series 5, at The Tower of London, Britain

    By Piya Sinha-Roy LOS ANGELES (Reuters) - Subject to unspeakable violence at the hands of brutal men over the years, the women of Westeros came back with a vengeance in the latest season of HBO's "Game of Thrones" and strengthened the show's leading role in Sunday's Emmy awards. The popular medieval fantasy series enters …

  • US consumer prices ticked up 0.2 percent in August Associated Press - Sat, Sep 17, 2016 3:47 AM SGT
    US consumer prices ticked up 0.2 percent in August

    WASHINGTON (AP) — U.S. consumer prices edged up 0.2 percent in August as a surge in medical care offset flat readings for food and energy.

  • Americans take on more mortgage debt as housing re … Associated Press - Sat, Sep 17, 2016 2:12 AM SGT
    Americans take on more mortgage debt as housing recovers

    More Americans are buying houses and taking on mortgage debt at a time when higher home prices are also boosting their ownership stakes. The trends, revealed in a Federal Reserve report Friday, reflect ...

  • With Brexit in spotlight, London picks up fashion show … Reuters - Sat, Sep 17, 2016 12:34 AM SGT
    A model presents a creation at the Ryan Lo catwalk show during London Fashion Week Spring/Summer 2017 in London

    A rainy London kicked off five days of catwalk shows on Friday, with questions over what consequences Brexit may have on Britain's apparel industry looming over fashionistas. Picking up the runway calendar baton from New York, London hosts its first fashion week since Britain's shock vote to leave the European Union, with …

  • Tea from a spray can promises end to soggy bags Reuters - Fri, Sep 16, 2016 8:15 PM SGT
    A cup of tea made from a No More Tea Bags aerosol can, is seen in Leatherhead in Britain

    If there is one thing the British enjoy, it is a good cup of tea and one English drinks maker has come up with an unusual way of making the brew - sprayed into a cup from an aerosol can. No More Tea Bags is pre-brewed and dispensed from an aluminium spray can. "It was really about just trying to make a better cup of tea," …

  • Belgian brewery's pipe dream brings relief to medieval … Reuters - Fri, Sep 16, 2016 3:31 PM SGT
    Bottles of beer are displayed at Halve Maan brewery in Bruges

    By Philip Blenkinsop BRUGES, Belgium (Reuters) - A Belgian brewery is turning on the taps of a pipeline buried beneath the medieval city of Bruges to transport its beer to a bottling plant some 3 km (2 miles) away. Four years in planning and five months in construction, the Halve Maan (Half Moon) brewery will officially …

  • McCartney, Starr reunite on blue carpet for Beatles … Reuters - Fri, Sep 16, 2016 6:01 AM SGT
    Former Beatles Ringo Starr and Paul McCartney attend the world premiere of The Beatles: 'Eight Days a Week - The Touring Years' in London

    By Marie-Louise Gumuchian and Sara Hemrajani LONDON (Reuters) - Former Beatles Sir Paul McCartney and Ringo Starr reunited for a walk down memory lane on Thursday for the premiere of a documentary by Oscar winner Ron Howard about the Fab Four as they toured the world in the 1960s. The singer-songwriter and drummer posed …

  • US retail sales slump 0.3 percent, ending 4 months … Associated Press - Fri, Sep 16, 2016 3:08 AM SGT

    U.S. shoppers retreated in August, cutting back their spending at auto dealers, furnishers and building material stores to depress overall retail sales after four straight monthly gains. The Commerce Department ...

  • US manufacturing output stumbled in August Associated Press - Fri, Sep 16, 2016 3:05 AM SGT
    FILE - This Jan. 7, 2015, file photo, shows factory chimneys near O'Hare International Airport in Chicago. On Thursday, Sept. 15, 2016, the Federal Reserve reports on U.S. industrial production for August. (AP Photo/Nam Y. Huh, File)

    WASHINGTON (AP) — U.S. factory production fell last month amid cutbacks in appliances, home electronics and machinery, threatening hopes for a manufacturing rebound after two previous months of gains.

  • Italy to launch 500-euro arts bonus for 18-year-olds … Reuters - Fri, Sep 16, 2016 1:05 AM SGT

    The 290-million-euro scheme is the brainchild of Prime Minister Matteo Renzi, who says he wants the new adults to feel part of the world's biggest cultural patrimony. Critics, however, see it as a political stunt like other bonuses and handouts which they say Renzi has offered instead of a coherent policy to make Italy's …

  • US business stockpiles unchanged in July while sales … Associated Press - Fri, Sep 16, 2016 12:29 AM SGT
    US business stockpiles unchanged in July while sales decline

    U.S. businesses left their stockpiles unchanged in July while sales declined slightly. The Commerce Department says inventories were flat in July after rising a modest 0.2 percent in June. Sales dropped ...

  • Startup Grants in Singapore ZUU online - Fri, Sep 16, 2016 12:22 AM SGT
    Startup Grants in Singapore

    Singapore’s recently announced budget unveiled the launch of SG-Innovate, which is a project to e...

  • Weather exposes holes in H&M, Next clothing order  … Reuters - Thu, Sep 15, 2016 9:53 PM SGT
    File photo shows people walking past the window of a H&M store in Paris

    By Anna Ringstrom and Kate Holton STOCKHOLM/LONDON (Reuters) - European fashion retailers blamed the weather for below-forecast figures on Thursday as Hennes & Mauritz sales were hit by a hot second half of August and Britain's Next discounted stock in July after a warm winter and cold spring. Zara-owner Inditex, by contrast, …

  • US producer prices flat in August with food costs  … Associated Press - Thu, Sep 15, 2016 9:13 PM SGT
    US producer prices flat in August with food costs falling

    U.S. producer prices were unchanged last month as the biggest decline in wholesale food costs in more than three years helped to keep a lid on inflation. The Labor Department said Thursday that its producer ...

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