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U.S.-supplied drones fall short at Ukraine's front lines

WASHINGTON - Millions of dollars' worth of U.S.-supplied drones that Kiev had hoped would help in its war against Russian-backed separatists have proven ineffective against jamming and hacking, Ukrainian officials say.

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U.S. refiners cash in on Mexico's record fuel imports

NEW YORK/HOUSTON U.S. Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing economy.

China foreign minister says U.S. ties face new uncertainties

BEIJING China-U.S. relations face new uncertainties but with mutual respect for core interests they will remain stable, China's foreign minister said, adding one individual will not impede ties, a likely reference to U.S. President-elect Donald Trump.

Euro, Italian shares up on Monte Paschi rescue hopes

LONDON European markets were poised for one last burst of action before the end of the year on Thursday, with Italy expected to outline plans to rescue the world's oldest and now its most troubled bank, Monte dei Paschi di Siena.

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