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Business 21 Sep 2016 | 12:00 AM

Fed set to cut longer-run interest rate forecast

NEW YORK: US Federal Reserve policymakers are set this week to again cut their forecasts for how high interest rates will need to go in an economy where output, productivity and inflation are growing at a slower pace than in past decades.

Business 21 Sep 2016 | 12:00 AM

GlaxoSmithKline names Emma Walmsley as new CEO

LONDON: GlaxoSmithKline said it had chosen its head of consumer healthcare, Emma Walmsley, as its new chief executive, after considering internal and external candidates.

Business 21 Sep 2016 | 12:00 AM

Bayer raises peak sales forecast for new drugs

BERLIN: Bayer AG raised its peak sales forecast for its biggest new drugs, signaling optimism for its pharmaceutical unit even as the German conglomerate spends US$66bil to buy US seeds giant Monsanto Co.

World 21 Sep 2016 | 12:16 AM

Brazil's Temer tells U.N. Rousseff impeachment fully legal

UNITED NATIONS (Reuters) - Brazil's new president Michel Temer told the United Nations General Assembly on Tuesday that the impeachment of his predecessor Dilma Rousseff was conducted with "absolute respect" for the rule of law and that confidence was returning to the country's battered economy.

World 21 Sep 2016 | 12:24 AM

Lebanese man sentenced to 10 years imprisonment in Iran - lawyer

WASHINGTON/DUBAI (Reuters) - Iran sentenced Nizar Zakka, a Lebanese citizen with permanent U.S. residency, to 10 years in prison and a $4.2 million (£3.2 million) fine after he was found guilty of collaborating against the state, his U.S.-based lawyer announced on Tuesday.

World 21 Sep 2016 | 1:18 AM

Protesters march in Brussels against transatlantic free trade deals

BRUSSELS (Reuters) - Thousands of protesters marched through Brussels on Tuesday to demand the European Union abandon planned transatlantic free trade deals they say will worsen labour conditions and allow big business to challenge governments.

Nation 21 Sep 2016 | 6:13 AM

Recovered Zika-infected couple discharged from Johor hospital

JOHOR BARU: The husband-and-wife couple who tested positive for Zika disease has been discharged from the hospital.

World 21 Sep 2016 | 6:33 AM

Egyptian court hands nine policemen jail terms for assaulting doctors

CAIRO (Reuters) - An Egyptian court sentenced nine policemen to three months in prison on Tuesday for physically and verbally assaulting two doctors at a Cairo hospital in January, an incident that prompted strikes and a protest demanding justice.

World 21 Sep 2016 | 7:11 AM

World leaders must show us the money to hit goals on poverty, inequality - UN adviser

LONDON (Thomson Reuters Foundation) - World leaders need to ramp up investment to achieve a set of global goals agreed a year ago to combat poverty, inequality, and make the world a safer place by 2030, according to a key adviser on the United Nation's blueprint for the future.

Nation 21 Sep 2016 | 7:18 AM

Don: Sabah people may have inborn Zika virus antibodies

KOTA KINABALU: People in Sabah may not need to be too worried about the Zika virus because they could have inborn antibodies since it is said to be endemic here.