
Australia is planning to build a new deep-water port on its northern coast able to accommodate US Marine deployments as part of efforts to counter China's growing presence in the region, the ABC reported on Monday.

United States president Donald Trump said on Friday he aborted a military strike to retaliate for Iran's downing of an unmanned US drone because it could have killed 150 people, and signalled he was open to talks with Tehran.

President Donald Trump-hosted his Canadian counterpart Prime Minister Justin Trudeau on Thursday to mend fences after last year's diplomatic meltdown and to push the still un-ratified North American free trade deal.

United States President Donald Trump approved military strikes against Iran in retaliation for downing a US surveillance drone but pulled back from launching them on Thursday night after a day of escalating tensions.

Walmart Inc said on Thursday it will pay US$382 million to settle a seven-year-long investigation into whether its overseas units in Mexico, Brazil, China and India violated the U.S. Foreign Corrupt Practices Act. The retailer will pay more than US$144 million to settle charges by the Securities and Exchange Commission and about US$138 million to resolve parallel criminal charges by the U.S. Department of Justice, according to court and regulatory filings.

United Airlines has signed twenty firm orders for the Brazilian manufacturer Embraer E-175, which is configured to seat 70 passengers, with an option to acquire 19 more E-175. Total value of the order was put at US$ 1.9 billion, based on the current list price for the aircraft.

The US is exploring the possibility of rejoining the UN tourism body to create jobs for Americans and help promote tourist destinations in the country, the State Department said. The US made its intention to be back in the UN World Tourism Organization (UNWTO) on Monday during at the agency's executive council meeting in Baku, Azerbaijan reported the Spanish government news agency Efe.

A divided Federal Reserve held the line on interest rates Wednesday and indicated formally that no cuts are coming in 2019. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could happen before the end of the year depending on how conditions unfold.

President Donald Trump formally launched his 2020 re-election campaign on Tuesday by presenting himself as the same political insurgent who shook up the Washington establishment four years ago and who is now a victim of an attempted ouster by Democrats.

US aircraft giant Boeing got a welcome vote of confidence in its beleaguered 737 MAX plane on Tuesday when International Airlines Group (IAG), owner of British Airways, said it wanted to buy 200 of the planes.