Major News

Toshiba stock listing status downgraded, deeper losses flagged

Toshiba stock listing status downgraded, deeper losses flagged

Published 23/06/2017

The logo of Toshiba Corp is seen behind cherry blossoms at the company's headquarters in Tokyo, Japan April 11, 2017. REUTERS/Toru Hanai

Crisis-wracked Toshiba Corp suffered further indignities on Friday, estimating bigger losses for the past financial year and getting demoted to the second section of the Tokyo Stock Exchange.

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As Modi prepares for Trump meeting, U.S. expected to OK India drone purchase

As Modi prepares for Trump meeting, U.S. expected to OK India drone purchase

Published 23/06/2017

FILE PHOTO: India's Prime Minister Narendra Modi addresses a gathering after he inaugurated Kochi Metro at a stadium in Kochi, India, June 17, 2017. REUTERS/Sivaram V/File Photo

The United States is expected to authorize India's purchase of a naval variant of the Predator drone, two sources familiar with the situation said, ahead of a visit next week by Indian Prime Minister Narendra Modi to try to revitalize ties in his first meeting with President Donald Trump.

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VW waives appeal against German dieselgate compensation cases

VW waives appeal against German dieselgate compensation cases

Published 23/06/2017

FILE PHOTO: A Volkswagen VW car is seen at a car dealer in Bochum, Germany March 16,2016. REUTERS/Ina Fassbender/File Photo

German carmaker Volkswagen (VOWG_p.DE) has agreed to buy back diesel cars equipped with illicit emissions control software after deciding not to appeal a German court ruling backing plaintiffs' calls for compensation.

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Suicide car bomber kills at least 11 in Pakistan`s Quetta: police

Suicide car bomber kills at least 11 in Pakistan`s Quetta: police

Published 23/06/2017

A soldier covers a body after a blast in Quetta, Pakistan June 23, 2017. REUTERS/Naseer Ahmed

A suicide car bomber killed at least 11 people, including four police officers, in an attack near a checkpoint in the volatile southwestern Pakistani city of Quetta on Friday, officials said.

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Baghdadi death near 100 percent certain: Ifax quotes Russian senator

Baghdadi death near 100 percent certain: Ifax quotes Russian senator

Published 23/06/2017

It was from this medieval mosque that the militants' leader Abu Bakr al-Baghdadi declared a self-styled ''caliphate'' spanning parts of Syria and Iraq three years ago. Al-Baghdadi proclaimed himself ''caliph,'' or ruler of all Muslims, from the pulpit of the mosque on July... REUTERS/Social Media Website via Reuters TV

The likelihood that Islamic State leader Abu Bakr al-Baghdadi has been killed is close to 100 percent, Interfax news agency quoted Viktor Ozerov, the head of the defense committee in the Russian upper house of parliament, as saying on Friday.

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Arab states send Qatar 13 demands to end crisis, official says

Arab states send Qatar 13 demands to end crisis, official says

Published 23/06/2017

A mosque is seen alone a coastline in Doha, Qatar, June 15, 2017. REUTERS/Naseem Zeitoon

Four Arab states boycotting Qatar over alleged support for terrorism have sent Doha a list of 13 demands including closing Al Jazeera television and reducing ties to their regional adversary Iran, an official of one of the four countries said.

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Turkey has no plans to reassess military base in Qatar: minister

Turkey has no plans to reassess military base in Qatar: minister

Published 23/06/2017

Turkey's defense minister said on Friday his country had no plans to review its military base in Qatar and that any demand for its closure would represent interference in Ankara's relations with the Gulf state.

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North Korea tests rocket engine, possibly for ICBM: U.S. officials

North Korea tests rocket engine, possibly for ICBM: U.S. officials

Published 23/06/2017

A North Korean flag is pictured at its embassy in Beijing January 6, 2016. REUTERS/Kim Kyung-Hoon

North Korea has carried out another test of a rocket engine that the United States believes could be part of its program to develop an intercontinental ballistic missile, a U.S. official told Reuters on Thursday.

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UK offer to EU citizens `very fair`, `very serious`: May

UK offer to EU citizens `very fair`, `very serious`: May

Published 23/06/2017

British Prime Minister Theresa May arrives at the EU summit in Brussels, Belgium, June 23, 2017. REUTERS/Eric Vidal

British Prime Minister Theresa May said on Friday the offer she had made on the rights of EU citizens to live in Britain after Brexit was very fair and very serious and that her government would set out more detailed proposals on Monday.

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Toshiba estimates bigger loss for past year on Westinghouse, lawsuits

Toshiba estimates bigger loss for past year on Westinghouse, lawsuits

Published 23/06/2017

FILE PHOTO: A logo of Toshiba Corp is seen on a printed circuit board in this photo illustration taken in Tokyo July 31, 2012. REUTERS/Yuriko Nakao/File Photo

Toshiba Corp said on Friday it now estimates a bigger loss for the past year ended in March due to potential legal damages over a $1.3 billion accounting scandal as well as an increase in liabilities at its now-bankrupt U.S. nuclear unit.

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