Real Estate News
British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world's biggest listed tobacco company after it increased an earlier offer by more than $2 billion. BAT, which already owned 42 percent of Reynolds, will pay $29.44 in cash and 0.5260 BAT shares for each Reynolds share, it said, a 26 percent premium over the price of the stock on Oct. 20, the day before BAT's first offer was made public. Reynolds, the maker of Camel and Newport cigarettes, rejected the approach a month later, according to sources, although the two sides remained in talks.
By Nigel Stephenson LONDON (Reuters) - Stocks, bond yields and the dollar fell on Tuesday, while gold rose as investors drew in their horns in response to comments on the dollar from U.S. President-elect Donald Trump and ahead of a speech on Brexit from British Prime Minister Theresa May. Trump's remarks that the dollar is too strong and hurting U.S. competitiveness pushed the greenback down across the board, even against sterling, which is under heavy pressure as May is expected to confirm her "hard Brexit" stance later on Tuesday. Britain's pound was higher on the day but still close to Monday's three-month lows, while the Japanese yen hit a six-week high as investors sought shelter from the mounting political risk of a week that also includes Trump's inauguration.
ISTANBUL (AP) — The Latest on the arrest of Istanbul nightclub gunman (all times local):
The deep ocean hunt for missing passenger jet MH370 has been suspended after nearly three years without result, the Australian, Malaysian and Chinese governments said Tuesday. The Malaysia Airlines aircraft disappeared en route from Kuala Lumpur to Beijing on March 8, 2014, carrying 239 people in what has become one of aviation's great mysteries. The plane "has not been located" in the 120,000 square kilometre (46,000 square mile) search area of the southern Indian Ocean, a statement from the three nations said.
In 2014, Arnold Kamler, CEO of New Jersey-based Kent International, took a big step: he resumed making bicycles in the United States, 23 years after uprooting production to China. For business and political leaders gathered in the Swiss Alps town of Davos for this year's World Economic Forum, Kamler's experience - part of a process Morgan Stanley once dubbed the "re-industrialization" of America - is a cause for some anxiety. If a mix of accelerating automation and trade protectionism is the defining economic climate of the moment, globalization may well be in decline, and developing nations that failed to capitalize on the past two decades of economic integration - notably those in Africa - may have missed the boat altogether.
ISTANBUL (AP) — Turkish police captured the gunman who carried out the deadly New Year's nightclub attack in Istanbul, with officials saying Tuesday that he's an Uzbekistan national who trained in Afghanistan and confessed to the massacre.
FRANKFURT, Germany (AP) — Inflation has suddenly jumped in Europe. Growth is picking up. But don't expect the European Central Bank to start withdrawing its extensive stimulus programs just yet.
SYDNEY (AP) — The Latest on the official suspension of the search for Malaysia Airlines Flight 370 (all times local):
AMSTERDAM (AP) — Large parts of Amsterdam were hit by a power outage early Tuesday, snarling traffic around the city as trains and trams were halted and many road signals stopped working.
MOSCOW (Reuters) - Tensions are sharply rising in the Balkans and the European Union must help de-escalate the situation there, Russian Foreign Minister Sergei Lavrov said on Tuesday. Lavrov also told a news conference that ethnic Albanian forces should not be present in Serbian-populated areas in the north of Kosovo. (Reporting by Vladimir Soldatkin and Andrew Osborn; Writing by Alexander Winning and Katya Golubkova; Editing by Christian Lowe)
Theresa May will use her Brexit speech to say the UK "will not hold on to bits of EU membership".
Victims' families say it is "irresponsible" to halt the underwater search for the Malaysian plane.
A tweet quoted by Donald Trump praising his daughter, mistakenly copies in Ivanka from Brighton.
The man held for the New Year's Eve nightclub attack has confessed, the city's governor says.
The factories were allegedly using unapproved ingredients like industrial salt in seasonings.
"Humpback" is caught on camera going for a stroll in Florida.
George Michael's childhood friend says hard drugs had returned to the singer's life before his death last month.
An image showing two girls in hijabs and an Australian flag is taken down after unspecified threats.
The German constitutional court says the NPD is not a significant enough threat to democracy.
The Afghan woman made famous by a 1985 magazine cover tells the BBC of her hope for a new beginning.
A man was filmed jumping from a hijacked EgyptAir plane cockpit window shortly before the hijacker surrendered.
Cyprus President Nicos Anastasiades has said that the hijacking of the plane that landed at Larnaca was not linked to terrorism.
Police shot an armed man as he tried to enter the Capitol building visitor centre in Washington DC.
The FBI has managed to unlock the iPhone of the San Bernardino gunman without Apple's help, ending a court case, the US justice department says.
The BBC gains exclusive access in Aleppo province, where Kurdish forces have seized most of the border with Turkey from Islamic State fighters.
Upgrading Myanmar's colonial era sewage system will be one of the tasks facing the new leaders when they take office this week.
With so-called Islamic State militants active in Egypt's Sinai, Israeli troops are on alert for attacks just across the border.
As Pakistani families mourn the park attack on Lahore Christians, the BBC's Shaimaa Khalil reports from the funeral of 16-year-old boy Sharoon.
Drone footage has revealed that the ancient city of Palmyra is largely still intact, after being recaptured from so-called Islamic State (IS).
Wind gusts of up to 105 mph (170 kph) from Storm Katie have caused Gatwick-bound flights to be diverted, and damage across London.