Australia’s NAB swings back into net profit

National Australia Bank posted a 2.3 percent rise in interim cash earnings Thursday and swung back into net profit after offloading loss-making British banking operations.The lender's cash profit in the six months to March 31, the financial industry's ...

Tillerson lays out US diplomatic priorities

Secretary of State Rex Tillerson laid out his plans Wednesday for tackling world issues including the standoff with North Korea, which he called the most urgent challenge the United States has to deal with."Three months after taking over the State Depa...

Obama unveils presidential library designs

Barack Obama on Wednesday unveiled the vision for his presidential library in Chicago, a modern, $500 million project he hopes will be a training ground for future leaders housed in the city that launched his career. Speaking on the city's south side n...

Verizon wins streaming rights for NFL London game

US telecom giant Verizon has won the right to stream a National Football League game from London in September, expanding the online presence for professional American football games.Terms were not announced, but The Wall Street Journal reported Verizon...

Daughter of late Rwandan tycoon to challenge Kagame

The 35-year-old daughter of a tycoon who once bankrolled the ruling Rwandan Patriotic Front said Wednesday she plans to run as an independent candidate against President Paul Kagame in August's elections."Everybody is scared to express themselves becau...

US visa exemption rules in Republican crosshairs

Congressional Republicans sounded an alarm Wednesday over rules allowing millions of Europeans to travel to the United States without a visa, warning that jihadists could exploit weak links in the program.The Islamic State and Al-Qaeda extremist groups...

Tesla revenues surge as it ramps for Model 3 launch

Tesla said Wednesday that revenues more than doubled in the past quarter compared with a year ago, as the electric carmaker prepared for production of its new mass-market vehicle.In its update for the first quarter Tesla said its Model 3 development "i...

Facebook profit jumps as user base nears 2 billion

Facebook on Wednesday reported its quarterly profit jumped just over $3 billion as its ranks of monthly users closed in on two billion.The leading social network said it made a profit of $3.06 billion on $8.03 billion in revenue in the first three mont...

Ko, Ariya among top seeds for LPGA Match Play event

World number one Lydia Ko and Thailand's third-ranked Ariya Jutanugarn are among the top seeds for the LPGA Lorena Ochoa Match Play event that tees off here Thursday.South Korean-born New Zealander Ko, who withdrew from last week's LPGA Texas Shootout ...

Eagles sue Mexican ‘Hotel California’

The Eagles have sued a "Hotel California" in Mexico, saying the owners falsely insinuated an association with the band's famous song.The country-rooted rockers, whose hits from the 1970s make them among the top-selling bands of all time, asked the Hote...

No charges over US police shooting of Alton Sterling

The US Justice Department said Wednesday it has decided not to bring charges in the videotaped police killing last year of Alton Sterling, a black man whose fatal shooting in Baton Rouge, Louisiana fuelled nationwide protests.The decision marked the fi...

Pitt opens up about drinking, Jolie split

Brad Pitt has admitted heavy drinking helped ruin his marriage and revealed he is teetotal and in therapy in his first interview since his shock split from Angelina Jolie.Jolie, 41, filed for divorce in September, citing irreconcilable differences. She...