Today's Top News Story

Ex-London mayor halts bid to be UK prime minister, upends race

LONDON (Reuters) - Former London mayor Boris Johnson, favorite to become Britain's prime minister, abruptly pulled out of the race on Thursday, upending the contest less than a week after leading the campaign to take the country out of the EU. Read More

 

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U.S. jobless claims rise last week, trend still favorable

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose last week, but remained below a level associated with a healthy labor market. More »

 

Istanbul airport bombers were Russian, Uzbek, Kyrgyz: Turkish official

ISTANBUL (Reuters) - Three suspected Islamic State suicide bombers who killed 43 people in a gun and bomb attack at Istanbul's main airport this week were Russian, Uzbek and Kyrgyz nationals, a Turkish government official said on Thursday. More »

 

Exclusive: China to tolerate weaker yuan, wary of trade partners' reaction - sources

BEIJING/SHANGHAI (Reuters) - China's central bank is willing to let the yuan fall to 6.8 per dollar in 2016 to support the economy, which would mean the currency matching last year's record decline of 4.5 percent, policy sources said. More »

 

Taliban suicide bombers kill 27 in attack on Afghan police cadets

KABUL (Reuters) - Two Taliban suicide bombers on Thursday killed at least 27 people and wounded around 40 in an attack on buses carrying newly graduated cadets on the western outskirts of Kabul, officials said. More »

 

Brexit fuels worries about expected U.S. earnings recovery

NEW YORK/SAN FRANCISCO (Reuters) - Foreign exchange volatility and economic uncertainty after Britain's vote to leave the European Union have imperiled a projected profit rebound in the United States, where companies have been stuck in an earnings recession since last year. More »

 

Duterte, 'the punisher', sworn in as Philippines' president

MANILA (Reuters) - Rodrigo Duterte was sworn in as the Philippines' 16th president on Thursday, capping the unlikely journey of a provincial city mayor whose brash man-of-the-people style and pledges to crush crime swamped establishment rivals in last month's election. More »

 

July Fourth travelers brace for tougher U.S. security after Turkey attack

NEW YORK (Reuters) - Millions of U.S. travelers flying during the busy Fourth of July holiday weekend will face heightened security and increased delays due to the deadly attacks at Istanbul's main airport, officials and air security experts said on Wednesday. More »

 

China says U.S. 'Great Wall' remark shows misunderstanding of history

BEIJING (Reuters) - China on Thursday suggested the U.S. defense secretary brush up on his history after urging Beijing not to build a "Great Wall of self-isolation", saying the Great Wall was build to keep out invaders not as a hindrance to contact. More »

 

Russia will countenance an Assad exit in Syria, but not yet

MOSCOW (Reuters) - Russia will countenance Syrian President Bashar al-Assad leaving office, but only when it is confident a change of leader will not trigger a collapse of the Syrian government, sources familiar with the Kremlin's thinking say. More »

 

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