UK mortgage approvals hit 19-month low, more weakness seen
Mon, 26 Sep 2016 12:13:28 -0400
Britain's housing market showed signs of slowing in August with the number of mortgages approved by banks falling to its lowest level since January 2015 and analysts said they expected further weakness ahead as Brexit uncertainty dampens demand next year. British banks approved 36,997 mortgages for house purchases last month, down from 37,672 in July and 21 percent lower than in August 2015, the British Bankers' Association said on Monday. The figures extended a slowdown which began at the start of this year ahead of the introduction of a new tax on homes bought by landlords in April and Britain's referendum decision to leave the European Union in June.


The Latest: Pence doing "a little" studying ahead of debate
Mon, 26 Sep 2016 12:12:33 -0400
WASHINGTON (AP) — The Latest on the U.S. presidential race (all times EDT):


Diplomats: Portugal's Guterres tops fifth poll for UN chief
Mon, 26 Sep 2016 12:12:11 -0400
UNITED NATIONS (AP) — Diplomats say former prime minister Antonio Guterres of Portugal remains the top choice to succeed Ban Ki-moon as the next U.N. secretary-general after he was the only candidate to get the minimum nine required "yes" votes in the Security Council's fifth informal poll.

Deutsche Bank shares fall sharply after report
Mon, 26 Sep 2016 12:11:34 -0400
FRANKFURT, Germany (AP) — Shares in Deutsche Bank are down sharply after a report that the German government won't intervene with U.S. officials who are pressing the bank to pay $14 billion to settle an investigation into its sales of mortgage-backed securities.


Drugmaker Pfizer decides not to break up business
Mon, 26 Sep 2016 12:09:30 -0400
Drug giant Pfizer says it won't split into two publicly traded companies, despite pressure from investors frustrated by its lagging stock price, ending years of Wall Street speculation over its strategy ...


Turkish markets hit by Moody's rating downgrade
Mon, 26 Sep 2016 12:09:24 -0400
LONDON (AP) — Turkish financial markets took a battering Monday after ratings agency Moody's downgraded the country's credit grade to junk status to account for a series of shocks to the economy that included bombings and an attempted coup.

Nigeria military: 8 soldiers killed in attacks by extremists
Mon, 26 Sep 2016 12:07:03 -0400
MAIDUGURI, Nigeria (AP) — Islamic extremists have killed eight soldiers and wounded 17 in two attacks in northeastern Nigeria, the country's military said Monday.


Snake wrapped around armrest halts Japanese 'bullet' train
Mon, 26 Sep 2016 12:04:55 -0400
A passenger spotted a snake curled around the armrest of another passenger's seat on a Japanese Shinkansen "bullet" train on Monday, forcing the train to make an unscheduled stop. No one was ...


Will boom in loans at retailers, manufacturers turn to bust?
Mon, 26 Sep 2016 12:02:57 -0400
NEW YORK (AP) — They sell diamond rings in malls and used cars at dealerships, make wrench sets for mechanics and giant combines for farmers.


Clinton, Trump neck and neck heading into first debate
Mon, 26 Sep 2016 12:01:53 -0400
Hillary Clinton and Donald Trump were neck and neck Monday as they prepared for their first presidential debate, an intensely anticipated clash of opposites that could set the tone for the last six weeks of the White House race. An estimated 90 million people were expected to watch the Democratic and Republican candidates go toe-to-toe for 90 minutes starting at 9:00 pm (0100 GMT Tuesday) on the stage at Hofstra University in New York. Surrogates have been out in force trying to manage expectations, and preempt public perceptions of their respective candidates, two of the least admired contenders for the White House in contemporary US political history.




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