Month

April 2015

All posts published in April 2015

288 posts

Violence escalates in east Ukraine ahead of talks

KIEV (Reuters) – Ukraine’s military accused pro-Russian rebels on Monday of using heavy weapons that were meant to have been withdrawn under a ceasefire deal, after one Ukrainian serviceman was killed and six wounded in rebel-held territories. With fighting in... More »

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China to strengthen surveillance, security in anti-terror push

BEIJING (Reuters) – China will establish a national population database linked to ID information and credit records, state media reported late on Monday, as part of a larger push to beef up surveillance and security in response to violent unrest. China has alr... More »

Yen broadly higher in Asia, euro under pressure

TOKYO/SYDNEY (Reuters) – The euro brushed a fresh two-year low against a broadly firmer yen on Tuesday, as the Japanese currency doggedly held on to gains made in the previous session. Analysts and market participants said the trigger for investors to unwind t... More »

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Under fire from U.S. group, Alibaba says fighting counterfeit goods

BEIJING (Reuters) – Alibaba Group Holding Ltd said it had a range of measures to fight counterfeits on its websites – remarks that come after a trade group requested U.S. government help in prodding the Chinese e-commerce giant into action against fake goods. ... More »

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Indonesian Islamic parties seek ban on alcohol consumption

JAKARTA (Reuters) – Two Islamic parties have proposed legislation that would ban all consumption of alcoholic drinks and bring jail terms of up to two years for offenders in Indonesia, home to the world’s largest Muslim population. It was not immediately clear... More »

Banks see talent flee amid healthcare M&A boom

NEW YORK (Reuters) – Several high-ranking bankers have left their jobs at major investment banks in the last 13 months amid a surge in U.S. healthcare deal activity to seek better compensation at boutique investment banks as well as to participate in the growt... More »

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Supporters scramble for compromise on U.S. Senate Iran bill

WASHINGTON (Reuters) – U.S. senators scrambled to shore up bipartisan support for a controversial Iran nuclear bill before a committee meeting on Tuesday that could determine whether the legislation will survive President Barack Obama’s promised veto. The Sena... More »

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Venezuela’s president sees no oil price recovery this year

CARACAS (Reuters) – Venezuela President Nicolas Maduro said on Monday night there was no recovery in oil prices forecast this year, stressing the OPEC country’s dwindling dollar income should be “correctly” administered. “This year there’s no recovery in oil p... More »

Ben Carson to make ‘major announcement’ on May 4: CNN

WASHINGTON (Reuters) – Retired physician Ben Carson, considered a potential Republican presidential contender, plans a major announcement on May 4 in Detroit, CNN reported on Monday, citing his spokeswoman. “He will make an announcement. But he’s still very mu... More »

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Kerry asks Congress for more time and space on Iran deal

WASHINGTON (Reuters) – U.S. Secretary of State John Kerry told skeptical Republicans and Democrats on Monday that the U.S. Congress should give him another two and a half months to secure a final nuclear deal with Iran. In a closed briefing with the full House... More »

Rubio calls 2016 White House race a ‘generational choice’

MIAMI (Reuters) – Republican Marco Rubio presented himself as the leader of a new political generation and the most viable alternative to Democrat Hillary Clinton as he entered the 2016 White House race on Monday and drew a contrast with his mentor and expecte... More »

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Finmin Aso: will tell G20 Japan economy turning for the better

TOKYO (Reuters) – Finance Minister Taro Aso said on Tuesday he will tell G20 finance leaders that Japan’s economy is turning for the better as the group is likely to discuss the uneven nature of global growth at this week’s gathering on the sidelines of IMF me... More »

Japan’s Amari: no comment on forex levels

TOKYO (Reuters) – Japanese Economics Minister Akira Amari said on Tuesday he will not comment on foreign exchange levels, after a prominent adviser to the prime minister said it is appropriate for the yen to trade around 105 per dollar. Amari, speaking to repo... More »

Yen broadly higher in Asia, sterling off lows

SYDNEY (Reuters) – The yen hovered just below a two-year peak against the euro early on Tuesday and was broadly firmer versus other major currencies as investors shed bearish positions overnight. Analysts said the move was triggered by comments from Koichi Ham... More »

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Hillary Clinton surprises with early attack on CEO pay

WASHINGTON/NEW YORK/DES MOINES, Iowa (Reuters) – Hillary Clinton, under pressure from the left wing of her Democratic Party to aggressively campaign against income inequality, voiced concern about the hefty paychecks of some corporate executives in an email to... More »

Global business groups urge China to suspend bank IT rules

WASHINGTON (Reuters) – Business associations from the United States, Japan and Europe told Chinese officials on Monday they still have “strong concerns” about bank information technology rules and urged Beijing to formally suspend them. The joint letter, from ... More »

‘Fault’ wins big at MTV Movie Awards filled with naughty humor

LOS ANGELES (Reuters) – In a night of vagina jokes, naughty humor and a crotch-grab at the irreverent MTV Movie Awards, teen cancer romance “The Fault In Our Stars” walked away the big winner while “Iron Man” Robert Downey Jr. delivered wise words for the yout... More »

Nokia close to buying Alcatel’s mobile networks unit: Les Echos

PARIS (Reuters) – Finland’s Nokia Oyj is close to a deal to buy Alcatel-Lucent’s mobile networks unit to boost its core business especially in the United States and China, Les Echos newspaper reported on Monday. The French business daily said an announcement c... More »

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SpaceX rocket launch, landing test, delayed by weather

CAPE CANAVERAL, Fla. (Reuters) – The launch of an unmanned SpaceX rocket – and an innovative attempt to land it on an ocean barge – were postponed on Monday due to poor weather at the Florida launch site, officials said. The rocket, carrying a Dragon cargo shi... More »

Kim Kardashian has toddler daughter baptized in Jerusalem

JERUSALEM (Reuters) – In a quick visit to Jerusalem, American reality TV star Kim Kardashian and rapper Kanye West had their toddler daughter, North West, baptized on Monday at a 12th century Armenian church in the old walled city. Dozens of fans mobbed an SUV... More »

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Spieth claims wire-to-wire victory at Masters

AUGUSTA, Georgia (Reuters) – Young gun Jordan Spieth, evoking memories of Tiger Woods at Augusta National 18 years ago, added his name to golf’s record books with a stunning wire-to-wire victory by four shots at the Masters on Sunday. Ice-cool whenever he face... More »

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Imagination the key to Spieth’s putting: Crenshaw

AUGUSTA, Georgia (Reuters) – Jordan Spieth’s sublime putting on some of the most treacherous greens in golf, which set up his Masters victory on Sunday, was underpinned by his imaginative touch, says putting maestro Ben Crenshaw. While Crenshaw is acknowledged... More »

Man arrested in Vancouver hit-and-run of actor Ryan Reynolds

VANCOUVER (Reuters) – A 52-year-old Vancouver area photographer was arrested for last week’s hit-and-run of actor Ryan Reynolds, who was not seriously injured in the incident, local police said on Monday. Reynolds, who is in the Canadian city to shoot the Marv... More »

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Masters patrons offer tips on improving perfection

AUGUSTA, Georgia (Reuters) – The lords of the Masters are dedicated to putting on an ideal golf tournament, and most of the competitors and thousands of patrons judge it to be just about perfect. An on-course bank of tablets by the 15th hole is used for feedba... More »

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Spieth’s Masters win offers glimpse into major future

AUGUSTA, Georgia (Reuters) – Jordan Spieth’s remarkable victory at the 79th Masters not only confirmed the greatness for which he has long been earmarked but offered a glimpse into the likely pattern at majors for the next decade. Spieth, aged 21, claimed his ... More »

Tribute to late ‘German Sinatra’ is surprise Berlin hit

BERLIN (Reuters) – A German musical celebrating 20 of the top hits from pop star Udo Juergens has become the show to see in Berlin after the German-speaking world’s answer to Frank Sinatra died at the age of 80 late last year. The musical “Ich war noch niemals... More »

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Rosberg must speed up to beat ‘slow’ Hamilton

LONDON (Reuters) – Nico Rosberg may not have lost the plot, as some suggested in the wake of his outburst against Mercedes team mate Lewis Hamilton at Sunday’s Chinese Grand Prix, but he is feeling the heat. The German’s accusation that the world champion had ... More »

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Paris City Hall backs 2024 Games plan

PARIS (Reuters) – Paris took a decisive step toward a 2024 Summer Olympic bid on Monday when the City Hall backed the French aspirations to bring the Games back to the capital after a 100-year hiatus. The city council voted in favor of a bid and it is now up t... More »

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Greek finance ministry hits back at German newspaper report

ATHENS (Reuters) – Greece’s finance ministry dismissed on Sunday a report by a German newspaper which said that euro zone officials were shocked at Greece’s failure to outline plans for structural reforms at last week’s talks in Brussels. The mood between Gree... More »

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Greece may have blown best hope of debt deal

BRUSSELS (Reuters) – Even if it survives the next three months teetering on the brink of bankruptcy, Greece may have blown its best chance of a long-term debt deal by alienating its euro zone partners when it most needed their support. Prime Minister Alexis Ts... More »

France’s Vivendi says will not bid for Lagardere

PARIS (Reuters) – French media group Vivendi (VIV.PA), with cash to spend after selling a chunk of its business, has no plans to bid for smaller rival Lagardere (LAGA.PA). Earlier this week, a source familiar with the matter had told Reuters Vivendi had made a... More »

Toil and trouble: researchers link Shakespeare to disputed play

WASHINGTON (Reuters) – “This is the short and the long of it,” as William Shakespeare wrote in “The Merry Wives of Windsor.” A play called “Double Falsehood” published in 1728 by a man who claimed it was based on a lost Shakespeare play but has long been dismi... More »

New York woman with eight husbands denies fraud charges

NEW YORK (Reuters) – Always the bride, never the bridesmaid. A New York City woman accused of being married to eight men at the same time pleaded not guilty in state court in the Bronx on Friday to two counts of felony fraud that prosecutors say stemmed from a... More »

Greece makes IMF payment, gets bank funds, but doubts remain

BRUSSELS/ATHENS (Reuters) – Greece made a crucial payment to the International Monetary Fund and won extra emergency lending for its banks on Thursday but it remained unclear whether Athens can satisfy skeptical creditors on economic reforms before it runs out... More »

Acidic oceans implicated in Earth’s worst mass extinction

WASHINGTON (Reuters) – It is one of science’s enduring mysteries: what caused the worst mass extinction in Earth’s history. And, no, it is not the one that wiped out the dinosaurs. Scientists said on Thursday that huge amounts of carbon dioxide spewed from col... More »

Genetic study finds severe inbreeding in mountain gorillas

WASHINGTON (Reuters) – The most extensive genetic analysis of mountain gorillas ever conducted has found the critically endangered apes burdened with severe inbreeding and at risk of extinction but the researchers still see reasons for optimism about their sur... More »

Gaza police seize Banksy painting in legal row

GAZA (Reuters) – Palestinian police confiscated from a Gaza graffiti artist on Thursday a bombed-out doorway bearing a Banksy painting after the original owner complained of being swindled into selling it cheap. The artist Belal Khaled had paid 700 shekels ($1... More »

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Yemen’s Houthis seize provincial capital despite Saudi-led raids

ADEN (Reuters) – Houthi fighters, backed by supporters of former Yemeni President Ali Abdullah Saleh entered the provincial capital of the mainly Sunni Shabwa province in eastern Yemen on Thursday, residents said, despite intense Saudi-led air strikes against ... More »

China to probe state TV host for insulting Mao Zedong

BEIJING (Reuters) – China’s main state broadcaster, CCTV, will investigate one of its anchors after a video of him insulting the founder of modern China, Mao Zedong, went viral on social media sites. Mao, who died in 1976, remains a divisive figure. His image ... More »

Oil rallies more than 2 percent after slump but sentiment weak

LONDON (Reuters) – Oil prices rallied more than 2 percent on Thursday, clawing back part of a 6 percent slump triggered by a jump in U.S. crude inventories and record Saudi output, although analysts said sentiment remained bearish. A 10.95-million-barrel surge... More »

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Fed officials say June rate hike still in play, hinges on data

NEW YORK (Reuters) – The Federal Reserve could still hike interest rates in June despite weak recent U.S. data and investor skepticism, two influential officials with the central bank said on Wednesday, putting the spotlight squarely on the economy’s performan... More »

Dollar bulls back off amid concern Fed will delay hike

BOSTON (Reuters) – Some of the biggest dollar bulls in the global bond fund sector have reversed course in recent weeks, cutting exposure to the greenback amid concern the U.S. Federal Reserve will delay a widely-anticipated interest rate hike. The shift comes... More »

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Paris to bid for 2024 Summer Games: city official

PARIS (Reuters) – Paris is set to go ahead with a bid to host the 2024 Summer Olympic Games, the French capital’s deputy mayor in charge of sports told Reuters. The Paris City Council will vote on Monday to decide whether to make a bid for the 2024 Games — 100... More »

Stocks gain momentum, Europe at seven-year high

LONDON (Reuters) – World stocks marched higher again on Thursday, drawing support from European auto sales and German trade data, while expectations that the first U.S. interest rate increase will come in the latter part of the year continue to grow. Investors... More »

Euro zone gives Greece six-day deadline to revise reforms: paper

ATHENS (Reuters) – Euro zone deputy finance ministers gave Athens a six working day deadline to come up with revised reform proposals to enable a deal to be reached at a Eurogroup meeting on April 24 to unlock bailout aid, Greek newspaper Kathimerini reported ... More »

Lafarge, Holcim appoint Eric Olsen as CEO after merger

PARIS (Reuters) – Lafarge (LAFP.PA) and Holcim (HOLN.VX) have appointed long-time Lafarge executive Eric Olsen as the chief executive of their combined company once their merger is completed, the two groups said in a statement on Thursday. The post was a key s... More »

Samsung expects record Galaxy shipments, S6 edge shortage

SEOUL (Reuters) – Samsung Electronics Co Ltd (005930.KS) expects record shipments for its new Galaxy S6 smartphones and said it will struggle to meet demand for the curved-edged version due to production constraints, adding to hopes for a turnaround in mobile ... More »

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In Jamaica, Obama seeks to reassert U.S. leadership in Caribbean

KINGSTON, Jamaica (Reuters) – President Barack Obama arrived in Jamaica on Wednesday to attend a Caribbean summit seeking to reassert U.S. leadership in the region at time when oil-producing Venezuela’s economic clout may be receding. As the first U.S. preside... More »

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Blake targets double at Beijing World Championships

KINGSTON, Jamaica (Reuters) – Double Olympic sprint silver medalist Yohan Blake is targeting a podium finish at this year’s world championships in Beijing after recovering from hamstring surgery, though his management team still have no definite date for his r... More »

Rap mogul Suge Knight fires his lawyer in California robbery case

LOS ANGELES (Reuters) – Rap mogul Marion “Suge” Knight on Wednesday fired his attorney in a robbery case at a hearing in Los Angeles, and also complained to a judge about being taken to court in a wheelchair. The Death Row Records founder, 49, is accused of st... More »

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Jack’s ball goes in One Direction for first Augusta ace

AUGUSTA, Georgia (Reuters) – Tiger Woods, his girlfriend and a boy band star turned some heads at the Masters Par-3 contest on Wednesday, but Jack Nicklaus stole the show with a hole-in-one. Nicklaus has never had a hole-in-one in 163 rounds on the Augusta Nat... More »

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Rory and Tiger command the Masters spotlight

AUGUSTA, Georgia (Reuters) – This week’s Masters is one of the most intriguing ever with the prospect of a career grand slam for Rory McIlroy and uncertainty over the state of Tiger Woods’ game heading a plethora of compelling storylines. Northern Irish world ... More »

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Harrington revels in his Masters return

AUGUSTA, Georgia (Reuters) – Bitterly disappointed to miss out on last year’s Masters because of a declining world ranking, Padraig Harrington feels revived in ending his absence from Augusta National. The Irishman has been warmly welcomed by his peers and, fo... More »

Court questions Google on patent values in Microsoft case

SAN FRANCISCO (Reuters) – A U.S. appeals court appeared skeptical on Wednesday toward Google Inc’s bid to charge Microsoft Corp a high royalty rate to use some of the Internet search provider’s Motorola Mobility patents. Microsoft sued Motorola in 2010, allegi... More »

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Digital Ally shares rise in wake of South Carolina shooting

NEW YORK (Reuters) – Shares of digital video and surveillance technology firm Digital Ally rose on Wednesday in heavier-than-average trading, after a white police officer was caught on video fatally shooting a 50-year-old black man in South Carolina. While the... More »