Economy Government and Policy

  • US new-home sales climb to best level since late 2 … Associated Press - Wed, Aug 24, 2016 5:46 AM SGT
    US new-home sales climb to best level since late 2007

    Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market are helping support the residential real ...

  • Exclusive - China's richest man set to seal two … Reuters - Tue, Aug 23, 2016 11:44 PM SGT
    Wang Jianlin, chairman of the Wanda Group, speaks during an interview in Beijing

    By Matthew Miller and Shu Zhang BEIJING (Reuters) - Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said on Tuesday, as China's richest man steps up his push into Hollywood. After completing the …

  • Penguin promoted to brigadier at Edinburgh Zoo Reuters - Tue, Aug 23, 2016 9:15 PM SGT
    King penguin Nils Olav walks past soldiers from the Norwegian King's Guard after he was knighted at Edinburgh zoo , Scotland

    Standing in line for a special ceremony, uniformed soldiers of His Majesty the King of Norway's Guard are carefully inspected -- by a penguin. Sir Nils Olav, a resident king penguin at Edinburgh Zoo, was honoured with the title of brigadier on Monday during a parade in the Scottish park. The bird is the mascot of His …

  • Actress Lily James swaps corsets for perfume as Burberry … Reuters - Tue, Aug 23, 2016 12:18 AM SGT
    Cast member Lily James poses at the European premiere of "Pride and Prejudice and Zombies" in Leicester Square

    LONDON (Reuters) - British fashion brand Burberry has added another celebrity to its list of models - actress Lily James. The "Downton Abbey" and "Pride and Prejudice and Zombies" star fronts a new advertising campaign for fragrance "My Burberry Black". Burberry, known for its trench coats, …

  • David Bowie plaque unveiled at late star's Berlin … Reuters - Mon, Aug 22, 2016 10:41 PM SGT
    British Pop Star David Bowie screams into the microphone as he performs on stage during his concert in Vienna

    BERLIN (Reuters) - A plaque honouring David Bowie was unveiled on Monday at the home where the late rock star lived during his stay in Cold War-era Berlin. Bowie, who died in January, moved to Berlin in the mid-1970s. He lived there while he worked on albums "Low", "Heroes" and "Lodger". Fans …

  • Eager fans line up for Kanye West's 'Pablo' … Reuters - Sat, Aug 20, 2016 7:32 AM SGT
    A shopper shows her "The Life of Pablo" merch to NYPD officers after visiting a pop up store featuring fashion by Kanye West in Manhattan, New York

    (Reuters) - Rapper and fashion designer Kanye West is turning his tour merchandise into high-demand fashion, and eager fans lined up on Friday to be among the first to get their hands on the limited-edition "Life of Pablo" clothing. West fan Perriante Biffle showed off his new long sleeve white t-shirt printed with the …

  • Hiring was healthy in past year in many US swing s … Associated Press - Sat, Aug 20, 2016 5:20 AM SGT
    Hiring was healthy in past year in many US swing states

    Hiring has been strong in the past year in many presidential campaign swing states, a possible hurdle for GOP candidate Donald Trump, who has sought to capitalize on economic distress. Employers have added ...

  • I love taking risks with my work, says Anil Kapoor Reuters - Fri, Aug 19, 2016 10:53 PM SGT
    Bollywood actor Anil Kapoor waves to fans at the gala opening of the film 'Chillar Party' in Brampton

    By Serena Chaudhry LONDON (Reuters) - Not many Bollywood film stars go from the big screen to television, but the Indian actor and producer Anil Kapoor has not had a traditional career. Kapoor acted in the Oscar-winning "Slumdog Millionaire", and now he's back with a second season of "24", the Indian remake of the U.S. …

  • Fair and foul: Shakespeare in many guises at Edinburgh … Reuters - Fri, Aug 19, 2016 9:18 PM SGT

    By Elisabeth O'Leary and Zoe Daniel EDINBURGH (Reuters) - Rapping, drunkenness and "Star Wars" are some of the twists given to William Shakespeare's plays at the Edinburgh festival this year, marking the 400th anniversary of his death. It may not always be clear whether the treatment of the English playwright's work is …

  • After years of delay, London's "night tube" … Reuters - Fri, Aug 19, 2016 6:21 PM SGT
    File photo of the London underground logo seen just before dawn at Wanstead underground tube station in London

    By Costas Pitas LONDON (Reuters) - The world's oldest underground rail network takes a big step forward this weekend when the "tube" starts all-night Friday and Saturday services after years of obstruction and delay. Now that agreement has eventually been reached, trains will run between north and south London and from …

  • Kanye West takes 'Pablo' pop-up fashion stores … Reuters - Thu, Aug 18, 2016 10:37 PM SGT
    Entertainer Kanye West arrives at the Met Gala in New York

    Rapper and fashion designer Kanye West is going global, opening pop-up stores in 21 venues this weekend to sell his "Life of Pablo" merchandise. West, 39, announced the move on Twitter on Wednesday with a map of the stores that will be located in cities in the United States, Australia, England, Germany, South Africa and …

  • 'War Dogs' finds drama, humor in Afghan arms … Reuters - Thu, Aug 18, 2016 12:23 AM SGT

    A true story centered on the business of war gets a humorous twist in the movie "War Dogs," in which Jonah Hill and Miles Teller play a hapless pair of Americans who land a $300 million deal to supply the Afghan military with arms. "There are, like, gangster elements to it," said Teller, best known for the young adult …

  • BBC picks private weather forecaster as it ditches … Reuters - Thu, Aug 18, 2016 12:22 AM SGT

    BBC weather forecasts, closely watched by millions in Britain, will be provided from next year by a private company, replacing the Met Office after 94 years. The publicly-funded Corporation said on Wednesday that London-based MeteoGroup would take over from next Spring and save the BBC millions of pounds over the next …

  • Rowling returns to Harry Potter's world with new … Reuters - Wed, Aug 17, 2016 10:38 PM SGT
    Author J.K. Rowling poses for photographers at a gala performance of the play Harry Potter and the Cursed Child parts One and Two in London

    (Reuters) - British author J.K. Rowling is delving back into the world of "Harry Potter" for a series of short ebooks with new stories about some of her characters from the Hogwarts School of Witchcraft and Wizardry. Pottermore, the digital publishing and e-commerce world founded by Rowling for fans of the boy wizard, …

  • Hold the lift! Japan Inc's answer to the rising … Reuters - Wed, Aug 17, 2016 1:52 PM SGT
    Illustrative picture shows Japanese 10,000 yen bank notes spread out at an office of World Currency Shop in Tokyo

    By Makiko Yamazaki and Naomi Tajitsu TOKYO (Reuters) - While previous bouts of strength in the yen have pushed Japanese manufacturers to shift production overseas, exporters are coping with the recent currency stresses by penny-pinching - turning off lights and cramming elevators in the hope that nothing more drastic will …

  • "I'm fine" singer Newman says after brain … Reuters - Tue, Aug 16, 2016 11:22 PM SGT
    British singer John Newman performs on stage the closing ceremony of the 1st European Games in Baku

    British singer John Newman, who has been diagnosed with a brain tumour for the second time, said on Tuesday he was "absolutely fine" and hopes to bring awareness to the condition. "Where I'm at with it is I'm absolutely fine...I'm being monitored," Newman told Reuters in an interview. "I'm not going to stop making music …

  • US factory output jumps 0.5 percent for biggest gain … Associated Press - Tue, Aug 16, 2016 10:06 PM SGT
    US factory output jumps 0.5 percent for biggest gain in year

    U.S. factories cranked out more autos, machinery and chemicals in July, lifting production by the most in a year. The Federal Reserve said Tuesday that factory output grew 0.5 percent in July, after a ...

  • US consumer prices unchanged in July Associated Press - Tue, Aug 16, 2016 9:29 PM SGT
    US consumer prices unchanged in July

    U.S. consumer prices were unchanged in July as a big drop in gasoline and other energy prices kept inflation under control. The Labor Department said Tuesday the flat reading for overall inflation followed ...

  • At mermaid parade, a siren song for Rio Games: gay … Reuters - Tue, Aug 16, 2016 7:11 AM SGT
    Sousa poses on a goal before a mermaid competition at Ipanema beach

    By Anthony Boadle RIO DE JANEIRO (Reuters) - Dressed as a mermaid with shells covering his nipples, Brazilian Murilo Sousa voiced hope that the record number of openly gay athletes at the Rio Games would boost acceptance in his South American nation, amid a backlash over same-sex marriage. Wearing a fishy tail made of …

  • The Shires eye "British invasion" of American … Reuters - Mon, Aug 15, 2016 9:50 PM SGT

    The Shires hope to win over American country music fans with their own British twist to the genre after making UK chart history with their debut album last year. Singer-songwriters Ben Earle and Crissie Rhodes, who met through Facebook, became the first British country band to make it into the UK's top 10 album chart with …

  • Pokemon craze challenges Rio Games for popularity Reuters - Sun, Aug 14, 2016 1:45 PM SGT
    People play Pokemon Go in an urban park in Rio de Janeiro

    (Adds athlete's costly Pokemon game) By Anthony Boadle RIO DE JANEIRO (Reuters) - Forget beach volleyball, soccer or tennis, not to mention the steeplechase or discus. Hundreds of them turned out in a Rio de Janeiro park on Saturday holding their mobile phones to hunt for virtual creatures in the hyper-reality game app …

  • Soccer - Lineker keeps promise by baring almost all … Reuters - Sun, Aug 14, 2016 11:51 AM SGT
    Leicester City v Everton - Barclays Premier League

    Former England striker Gary Lineker kept a long-standing promise to present BBC's Match of the Day programme in his underpants on Saturday. With co-presenters Alan Shearer and Ian Wright giggling in the background, a straight-faced Lineker introduced the first show of the new Premier League season sporting only a pair …

  • Star Wars actor behind R2-D2 robot dies aged 81 Reuters - Sun, Aug 14, 2016 2:19 AM SGT
    Actor Baker poses for photographers at the premiere of the Star Wars film Revenge of the Sith in London.

    LONDON (Reuters) - British Star Wars actor Kenny Baker, who played the robot R2-D2 in six of the films, has died aged 81, Baker's niece told the BBC on Saturday. Baker, who was three feet, eight inches tall, had suffered from a long illness, his relative said. In addition to the first Star Wars film in 1977, he also …

  • US producer prices slid 0.4 percent in July Associated Press - Fri, Aug 12, 2016 8:58 PM SGT
    FILE - In this Friday, May 20, 2016, file photo, a worker rakes hay at a farm on a warm spring day in Kinderhook, N.Y. On Friday, Aug. 12, 2016, the Labor Department reports on producer prices during July. (AP Photo/Mike Groll, File)

    WASHINGTON (AP) — US producer prices last month registered the biggest drop since September, pulled down by tumbling energy, clothing and food prices.

  • Fast and furious? China's stalling box office points … Reuters - Thu, Aug 11, 2016 8:35 PM SGT
    People wait for tickets at a ticket office of a movie theatre in Wuhan

    By Adam Jourdan SHANGHAI (Reuters) - China's cinemas are showing signs of weakness, a concern for policymakers who had looked to stellar box office receipts over the last half-decade as a sign consumers were picking up some of the slack from ailing exports and manufacturing. July sales slumped further, data from box office …

  • Ed Sheeran accepts the award for Song of the Year for "Thinking Out Loud" at the 58th Grammy Awards in Los Angeles

    Heirs of the composer for Marvin Gaye's "Let's Get It On" sued British musician Ed Sheeran on Tuesday, claiming his hit song "Thinking Out Loud" copies core elements of the late soul singer's 1973 track. The copyright infringement lawsuit was filed by the heirs of Ed Townsend, who co-wrote the lyrics to "Let's Get It On" …

  • Handout picture of scientists Robert Kruszynski and Girdland Flink carrying out tests on samples of the remains of the Piltdown Man in the DNA laboratory of the Natural History Museum, London

    By Will Dunham WASHINGTON (Reuters) - Researchers applying modern forensic techniques to a century-old puzzle have laid bare intriguing new details about one of the most notorious scientific hoaxes on record, the so-called Piltdown Man, and are confident in the culprit's identity. The phony fossil remains of a "missing …

  • LeAnn Rimes returns with new 'soul-based'  … Reuters - Wed, Aug 10, 2016 12:47 AM SGT
    Singer Rimes poses on arrival at the 53rd annual Grammy Awards in Los Angeles

    Country music singer LeAnn Rimes says her forthcoming studio album is more spontaneous and organic than her last offering "Spitfire", describing her new work as "soul-based". The Grammy Award winner, who rose to fame aged 13 and is known for hits such as "How Do I Live" and "Can't Fight The Moonlight", will put out "Remnants" …

  • US wholesale inventories rise 0.3 percent in June Associated Press - Tue, Aug 9, 2016 10:08 PM SGT
    FILE - In this Saturday, June 6, 2015, file photo, Ailyn Lopez sets up a display of tomatoes while helping out on her family's stand at the Atlanta Farmers Market in Atlanta. On Tuesday, Aug. 9, 2016, the Commerce Department releases wholesale trade inventories for June. (AP Photo/David Goldman, File)

    WASHINGTON (AP) — U.S. wholesale businesses increased their stockpiles slightly in June while sales rose at a faster pace.

  • US worker productivity falls in 2Q, causing annual … Associated Press - Tue, Aug 9, 2016 9:07 PM SGT
    FILE - In this Friday, Sept. 18, 2015, file photo, employees work on a school bus on the assembly line at Blue Bird Corporation's manufacturing facility, in Fort Valley, Ga. On Tuesday, Aug. 9, 2016, the Labor Department releases second-quarter productivity data. (AP Photo/David Goldman, File)

    WASHINGTON (AP) — American workers' productivity slipped in the April-June quarter, feeding into a 12 month decline in how much people are producing for each hour worked.

  • Chilli fans celebrate all things hot and spicy at UK … Reuters - Tue, Aug 9, 2016 4:54 AM SGT

    (Reuters) - If you want to guarantee yourself a hot August, the Chilli Fiesta in West Sussex, England is a good place for you to visit. The West Dean Gardens Chilli Fiesta, around since 1995, has proven to be increasingly popular among chilli fans. According to West Dean Gardens Garden supervisor Sarah Wayne, this is …

  • Robert De Niro to open Sarajevo Film Festival Reuters - Mon, Aug 8, 2016 8:50 PM SGT
    Cast member Robert De Niro poses on the red carpet as he arrives for the screening of the film "Hands of Stone" out of competition at the 69th Cannes Film Festival in Cannes

    The Sarajevo Film Festival will honour two-time Oscar-winning U.S. actor and producer Robert De Niro with a lifetime achievement award for his contribution to film on its opening night on Friday. "We are honoured to have Robert De Niro as the first recipient of the Honorary Heart of Sarajevo - Lifetime Achievement Award," …

  • Dramatic volcano-themed light show opens Festival on … Reuters - Mon, Aug 8, 2016 1:03 PM SGT
    A digital light show called "Deep Time" is beamed onto Edinburgh Castle to mark the start of the Edinburgh Fringe Festival in Edinburgh

    The volcanic rock on which Edinburgh Castle perches became the screen for a 3-D digital light show on Sunday night, turning the western facade into a kaleidoscope of its past for the opening ceremony of the 2016 Edinburgh Festival, the world's biggest annual arts event. The animation focused on the idea of "deep time", …

  • Actress Redgrave urges British government to take in … Reuters - Sat, Aug 6, 2016 12:02 PM SGT
    British actress Vanessa Redgrave poses for photographers at the Evening Standard British Film Awards in London, Britain

    Actress and activist Vanessa Redgrave delivered a letter to Britain's prime minister on Friday calling for unaccompanied child refugees in Calais to be brought to Britain if they have families in Britain. The letter, signed by the 79-year-old screen and stage veteran and politician Alf Dubs, called for an immediate amnesty …

  • By Josh Smith and Hamid Shalizi KABUL (Reuters) - When police stopped a van that was travelling across central Afghanistan to the western city of Herat, they were in for a big surprise: it was full of Western tourists. "Because of the police they're alive," said a senior Interior Ministry official, speaking on condition …

  • Stop press: Last two journalists leave London's … Reuters - Sat, Aug 6, 2016 12:36 AM SGT
    Journalists Darryl Smith and Gavin Sherriff pose for a photograph in The Sunday Post building in Fleet Street in London

    By Michael Holden LONDON (Reuters) - Three decades after media mogul Rupert Murdoch instigated its demise as the centuries-old home of Britain's newspaper industry, London's Fleet Street bade farewell on Friday to its last two journalists. While the British press is still collectively known as "Fleet Street", from Friday …

  • Another month of solid hiring could ease fears about … Associated Press - Fri, Aug 5, 2016 7:18 PM SGT

    WASHINGTON (AP) — The U.S. government is expected to issue another solid jobs report Friday — and if it does, it would ease concerns that the economy is struggling.

  • France to try Briton over 1996 death of French film … Reuters - Fri, Aug 5, 2016 1:40 AM SGT
    General view of the house of French woman Sophie Toscan du Plantier in County Cork

    By Gérard Bon PARIS (Reuters) - Almost 20 years after the badly beaten body of French film producer Sophie Toscan du Plantier was found near her holiday home in Ireland, British journalist Ian Bailey is to be charged with her murder in a French court, her family's lawyer said. Bailey was arrested twice by the Republic …

  • Hostel chain targets new generation of backpackers Reuters - Thu, Aug 4, 2016 8:41 PM SGT
    A pedestrian walks near a foreign backpacker as he carries his belongings past a bus stop in central Sydney, Australia

    By Sarah Young LONDON (Reuters) - A European hostel chain that offers youngsters the chance to stay in quirky buildings and events such as DJ sessions plans to double in size to 28 sites within five years, aiming to cater for the latest generation of backpackers. Generator Hostels, a private equity-backed chain, said …

  • Harry Potter casts spell again with 'Cursed Child' … Reuters - Thu, Aug 4, 2016 2:29 PM SGT
    A store assistant holds copies of the book of the play of Harry Potter and the Cursed Child parts One and Two at a bookstore in London

    LOS ANGELES/LONDON (Reuters) - "Harry Potter and the Cursed Child," the script for a new London play telling the eighth story in the boy wizard series, has sold more than 2 million copies in its first two days on the market in the United States, publisher Scholastic said on Wednesday. The book - a script instead of a narrative …

  • Cast of 'Suicide Squad' defend film after rotten … Reuters - Thu, Aug 4, 2016 8:36 AM SGT
    Cast members Viola Davis, Will Smith, Margot Robbie, Jared Leto and Joel Kinnaman attend the world premiere of "Suicide Squad" in Manhattan, New York, U.S.

    The cast of new anti-hero movie "Suicide Squad" defended the film on Wednesday from scathing reviews, saying it was for the fans to decide if it does justice to the DC Comics characters it is based on. You know, I just don't think they like superhero movies," Cara Delevingne, who plays the Enchantress, told Reuters at …

  • Calais 'jungle' camp shelters set up in London … Reuters - Thu, Aug 4, 2016 5:10 AM SGT

    The tents and shelters of Calais' infamous "jungle" camp have been rebuilt in London in a new installation hoping to teach Britons more about Europe's migrant crisis. The "Encampment" exhibit, which runs until Aug. 7, features structures rebuilt with materials used by the residents of the migrant camp in northern France, …

  • Harry Potter casts spell again with "Cursed Child" … Reuters - Thu, Aug 4, 2016 3:30 AM SGT
    A store assistant holds copies of the book of the play of Harry Potter and the Cursed Child parts One and Two at a bookstore in London

    LONDON (Reuters) - "Harry Potter and the Cursed Child", the script for a new London play telling the eighth story in the hugely popular boy-wizard series, has sold more than 680,000 print copies in the UK in three days, publisher Little, Brown Book Group said on Wednesday. The book - a script and not a narrative novel …

  • 'Suicide Squad' fans petition to shut website … Reuters - Thu, Aug 4, 2016 2:06 AM SGT
    Cast members Viola Davis, Will Smith, Margot Robbie, Jared Leto and Joel Kinnaman attend the world premiere of "Suicide Squad" in Manhattan, New York, U.S.

    Scathing reviews for the new comic book anti-hero movie "Suicide Squad" are driving fans to desperate measures. More than 13,000 people on Wednesday had signed an online petition on Change.org calling for the review aggregator website Rotten Tomatoes to be shut down in protest at the harsh reception. "Suicide Squad," …

  • Saatchi's 'Fail Fast' boss Roberts steps … Reuters - Wed, Aug 3, 2016 9:45 PM SGT
    Saatchi & Saatchi's chairman Robert L. Seelert (L) and CEO Kevin Roberts (R) and Maurice Levy (C) ch..

    By Michel Rose and Paul Sandle PARIS/LONDON (Reuters) - Kevin Roberts, the chairman of Saatchi & Saatchi, quit after sparking uproar by saying a lack of women in high-powered jobs in advertising was not a problem and that some women lacked the "vertical ambition" to make it to the top. In the interview, Roberts appeared …

  • Kamaljit Singh Jhooti, better known by his stage name Jay Sean, poses for a portrait in New York

    By Alicia Powell NEW YORK (Reuters) - Singer Jay Sean wants fans to know he is back in the music scene after a three year hiatus, and ready to make them party again. "People will think, 'I haven't heard his song on radio for a few years, he must be dead." After a five-year relationship with Cash Money Records, where …

  • Comedian and television host Jimmy Fallon arrives on the red carpet for the taping of the Mark Twain Prize for Humor ceremony and performance at the Kennedy Center in Washington

    Comedian Jimmy Fallon, host of NBC's "The Tonight Show," was chosen on Tuesday to host the 2017 Golden Globe Awards for film and television, and quickly gave fans a hint of what to expect. Fallon, 41, will be hosting the January ceremony for the first time.

  • Documentary film follows would-be suicide bombers in … Reuters - Wed, Aug 3, 2016 1:49 AM SGT
    People and Syrian Army members inspect a damaged site after a suicide and car bomb attack in south Damascus Shi'ite suburb of Sayeda Zeinab

    What do Islamist militants do while waiting to be sent on a suicide bombing mission? Norwegian journalist Paul Refsdal takes us to the insurgent front line in Syria in his new documentary, interviewing would-be suicide bombers to see what daily life is like as they wait to be sent to their death. The film, "Dugma: The …

  • British couple vow to honour rubbish food at their … Reuters - Wed, Aug 3, 2016 1:25 AM SGT

    By Michael Saunders LONDON (Thomson Reuters Foundation) - A British couple committed to tackling the massive amount of food wasted daily will be serving their wedding guests a meal with a difference this weekend – everything has been thrown out by local food stores. Environmentally-friendly couple Nicola Hedges and Christopher …

  • Makeover for Hong Kong's prime shopping districts … Reuters - Tue, Aug 2, 2016 12:06 PM SGT
    People walk past a H&M fashion chain store at Tsim Sha Tsui shopping district in Hong Kong

    By Donny Kwok HONG KONG (Reuters) - From fast fashion chain H&M to lifestyle brand Maison Kitsune and cosmetics firm Innisfree, mass market retailers are setting up shop in premises previously occupied by luxury brands in Hong Kong's prime shopping districts. Aided by falling rents in top locations, accessory, sport and …

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