Macy's quarterly profit drops on higher discounts

Alleged Russian crime boss sanctioned by Ukraine owns a major stake in US biotech firm

Russia bans entry to Moldovan officials after diplomatic expulsions

A large health insurer is trying a new way to lower drug costs for millions of members

North Korea: Taekwondo athletes believed headed to Kazakhstan

Possible deal to free American prisoners in Iran called for shuttle diplomacy -- from hotel to hotel

China to pause plans to build London embassy - sources

CVS is laying off 5,000 workers

Qin Gang: Foreign minister's downfall leaves China red-faced

Travis King: North Korea 'not responding to calls' on missing soldier, says US

US needs 'Kissinger-style wisdom' in its China policies - Wang Yi

Saudi crown prince invited to visit UK later this year -FT