|  | | | | | | | | | Highlights | | Former White House counsel Don McGahn must testify in the impeachment inquiry against President Donald Trump, a federal judge ruled on Monday, rejecting the administration’s assertion of immunity for officials by declaring that “no one is above the law.” | | | | Malta government chief of staff Keith Schembri resigned on Tuesday, Prime Minister Joseph Muscat told reporters, as police continued their investigation into the 2017 murder of journalist Daphne Caruana Galizia. The alleged murder plot middleman Melvin Theuma was granted a presidential pardon on Monday in return for information he had given about the case. | | | | The poison of anti-Semitism “sanctioned from the top” has taken root in Britain’s opposition Labour Party, Chief Rabbi Ephraim Mirvis said in an article published on Monday, warning the “soul of our nation is at stake” in next month’s election. But Labour has squeezed the governing Conservatives’ opinion poll lead to 11 points from 18 over the last week, a survey by Kantar showed on Tuesday. | | | | Top trade negotiators from China and the United States held a phone call on Tuesday morning, China’s Commerce Ministry said, as the two sides try to hammer out a preliminary “phase one” deal in a trade war that has dragged on for 16 months. Completion of a phase one deal had been expected in November, but trade experts and people close to the White House said last week it could slide into the new year.
| | | | | | | | | | | | | | | Business | | Alibaba’s Hong Kong shares closed their first trading session up 6.6% from the issue price after this year’s largest stock sale. Shares worth HK$13.99 billion ($1.78 billion) were traded, according to Refinitiv data, making it the third biggest debut on record for the Hong Kong market. 5 min read | | | | Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a binding merger agreement in coming weeks. FCA and PSA are in talks to finalize a merger that would create the world’s fourth-largest carmaker. 2 min read | | | | Wall Street stocks have leap-frogged over a host of concerns, including a stall in corporate earnings and political controversy in Washington, on their way to record highs this month. The prospect of renewed economic growth and favorable monetary policy have arguably played greater roles than trade optimism in fueling the rally in U.S. shares, some say. 5 min read | | | | First the bad news for your wallet: Americans are slated to spend more than they ever have this holiday season - around $730 billion in November and December, according to the National Retail Federation. Now the good news: There is money to be made on the other side of that trade. 5 min read | | | | | | | | | | | | | Top Stories on Reuters TV | | | | | | | |
