News Archive - 14 October 2012

ZTE shares slumps to one-month low after profit warning

>That would mean ZTE will report its first-ever quarterly loss when it officially announces its nine-month results later in October.Changes in Chinese telecom carriers' equipment procurement and spending have cut sales, ZTE management told analysts late on Sunday.The outlook for ZTE has already been clouded by a U.

In second debate, Obama faces challenges on key issues

>WASHINGTON (Reuters) - Losing ground to Republican Mitt Romney on a host of issues, President Barack Obama faces a serious challenge to put his re-election bid back on track when the two men face off on Tuesday in their second debate. Obama's passive performance in their first debate two weeks...

EU plans major new sanctions against Iran

>* Western push against government in Tehran mountingBy Justyna Pawlak and Sebastian MoffettLUXEMBOURG, Oct 15 (Reuters) - European Union governments plan to ratchet up sanctions pressure against Iran over its nuclear programme on Monday, approving new measures against Tehran's banking sector, industry and shipping.The new sanctions mark one of...

China's ZTE to post nine-month loss of up to 1.75 billion yuan

>The Shenzhen-based company has suffered as a slowing economy has hurt sales and margins have come under pressure. ZTE said its loss will be between 1.65 billion yuan and 1.75 billion yuan. That could be a fall of more than 260 percent compared with the same period last...

UPDATE 1-Thriller 'Taken 2' earns second box office win

>By Lisa RichwineLOS ANGELES Oct 14 (Reuters) - Liam Neeson thriller "Taken 2" won a battle between two hostage movies over the weekend, holding on to its top box office rankings for a second week with $22.5 million from ticket sales at U.S. and Canadian theaters.Ben Affleck's...

Iranian gas flow to Turkey resumes after blast - minister

>* Turkey also getting gas from Russia, Azerbaijan* Blast happened last Monday, cause unclear (Adds details)By Orhan CoskunANKARA, Oct 14 (Reuters) - The gas flow on a pipeline carrying Iranian natural gas to Turkey resumed on Sunday, almost a week after it was halted by an explosion in eastern Turkey,...

Assad forces use cluster bombs as rebels gain-rights group

>BEIRUT (Reuters) - Syrian government forces have dropped Russian-made cluster bombs over civilian areas in the past week as they battle to reverse rebel gains on a strategic highway, Human Rights Watch said on Sunday. The bombs were dropped from planes and helicopters, with many of the strikes taking place...

DJ WOCHENENDÜBERBLICK/13. und 14. Oktober Chinas Exporte auf Rekordwert

Die chinesischen Exporte sind im September wegen einer stärkeren Auslandsnachfrage überraschend auf einen Rekordwert gestiegen, was das zuletzt eher trübe Bild der zweitgrößten Volkswirtschaft etwas aufgehellt hat.

Our critics recommend...

Movies Opening This Week Alex Cross See Steven Rea's preview on this page. Led Zeppelin: Celebration Day See Steven Rea's preview on this page. Wednesday and Thursday only.

Spellbinding, suspenseful ‘Argo’ thrills with exquisite timing, not chases and gunfire

It’s the same the world over. A Hollywood production comes to town, and the locals all turn movie-crazy. When a little picture named “Prancer” came to Three Oaks, Mich., I was sitting in the bar and overheard one bearded regular confide in his friend, “See that guy? He’s assistant...

Turkey bans Syrian planes from its air space, rebels gain

BEIRUT/AMMAN (Reuters) - Turkey has banned all Syrian aircraft from its air space as it takes an increasingly firm stance against President Bashar al-Assad, while Syrian rebels said on Sunday they had made more gains in a key province near the Turkish border.

Saudi Arabia Agrees To Issue Visa To Families Of Iranian Prisoners

TEHRAN, Oct 15 (Bernama) -- Saudi Arabia has agreed to issue visa to the families of Iranian nationals held captive in the country, Iranian Deputy Foreign Minister for Parliamentary and Consular Affairs Hassan Qashqavi said.

Iran denies role in Gulf cyberattacks

TEHRAN, Iran (AP) â?? Iranian officials denied any role in recent cyberattacks against oil and gas companies in the Persian Gulf and said they welcomed a probe of the case, a semiofficial news agency reported Sunday.

U.S. exports to Iran rise nearly one-third despite sanctions

WASHINGTON (Reuters) - U.S. exports to Iran rose by nearly a third this year, chiefly because of grain sales, according to U.S. data released last week, despite the tightening of U.S. financial sanctions.

U.S. banks push back as financial-crisis lawsuits pile up

As U.S. authorities seek to make Wall Street pay for its role in triggering the financial crisis more than four years ago, banks are starting to fight back, frustrated that they are being asked to pay more than once for the same conduct.

Saudi Arabia and Syrian revolution

(MENAFN - Arab News) It is clear that Saudi Arabia has dissociated itself and washed its hands of the current leadership of the Syrian regime. It is also clear that such dissociation is ...

Tiny Azerbaijan unleashes pop-power against Iran’s mullahs

BAKU, Azerbaijan — The latest weapon in this country’s ideological war with Iran arrived late last month in an armada of jets from California, accompanied by a private security force, dazzling pyrotechnics and a wardrobe that consisted of sequins and not much else. Read full article >>

M'sia O&G companies generate US$64m sales in Kazakhstan

KUALA LUMPUR (Oct 15): Malaysian companies generated US$64 million (RM194.8 million) in sales during a specialised marketing mission for oil...

US Suspects Iran Was Behind a Wave of Cyberattacks

SternisheFan writes in with this Times article about more trouble brewing between the U.S. and Iran. "American intelligence officials are increasingly convinced that Iran was the origin of a serious wave of network attacks that crippled computers across the Saudi oil industry and breached financial institutions in the United...

Foes trade jabs at 10th District debate

Dold, Schneider discuss budget, Israel, oil drilling Candidates in a North Shore congressional race clashed Sunday at the campaign's only public debate, taking shots at one another on issues including the federal budget, Israel and the environment.

Ready, set, Argo: An interview with Ben Affleck

If there were ever any reason to be nervous about Ben Affleck directing a film not set in Boston, all of those feelings vanished upon leaving the theatre after Argo, his latest film about the Iranian Hostage Crisis of 1979. The film is based on the declassified true story of...

Movies: 'Argo,' 'Taken 2' & 'House at the End of the Street'

The movie, "Argo," drawn from an incident during the Iranian hostage crisis, is now playing in area theaters. Photo: Contributed Photo / Westport News

Fuel and Oil: Related News

10/10/2012 - Love's Opens First "Fast Fill" CNG Facility for Heavy-Duty Trucks Love's Travel Stops opened its first compressed natural gas fuel facility designed for rapid fueling of heavy-duty trucks. ...

Rushdie releases 'Midnight's Children' film

Author talks to Al Jazeera after film version of controversial novel premiers in London Film Festival.

Aircraft ban as Turkey gets tough

Turkey has banned all Syrian aircraft from its airspace as it takes an increasingly firm stance against president Bashar
al-Assad.

Eastday-ZTE sees Q3 losses of nearly US$300m

CHINESE telecom giant ZTE Corporation said yesterday it expects huge net losses in the third quarter due to falling revenues and profit margin, while noting a negative impact of US probes on its business with Iran.

Iranian fugitive: identity mix-up with shot Neda wrecked my life

Neda Soltani, a lecturer whose photo wrongly became symbol of protest, tells how regime threatened her life after confusing her with shot protester Neda Agha Soltan Her face adorned a thousand placards and posters, an emblem of the failed Iranian uprising. The photograph of Neda Agha Soltan , who was...

Cattle Market Malarkey

The cattle market seems to be mirroring the political climate.

After the Tailgate: Ohio Bobcats have path to BCS

Ohio Bobcats fans, the real fun is about to begin.

Romney will channel Reagan on world affairs in debate

When Mitt Romney faces off against President Obama on Tuesday night in the first of their debates to involve foreign policy, the Republican challenger will take a page from Ronald Reagan's playbook by attempting to portray the Democratic incumbent as the second coming of President Carter, and himself as the ...

NYMEX-Crude slips on global economy worries, China data eyed

>SEOUL Oct 15 (Reuters) - U.S. crude futures fell on Monday in early Asian trade to hold just above $91 a barrel, as worries about the global economy offset the supportive impact of Middle East tensions. FUNDAMENTALS* U.S. crude for November delivery dropped 75 cents at $91.11...

Flavin, Nauman Light Up Neon Show; Flying Carpets in Rome

The Museum of Contemporary Art of Rome, known as Macro, has had the bright idea of looking at neon art since the 1950s, gathering about 70 works by more than 50 artists including Dan Flavin and Bruce Nauman.

Energy imperatives | Business Recorder

Import of Liquefied Natural Gas (LNG) has not gone beyond Memoranda of Understanding (MoUs) and comments made in the media that necessary spadework is in place. For over a decade, talk on import of natural gas is devoid of any walk.

Richard Hamilton: The shock of the nude

In the last year of his life, the artist Richard Hamilton was preparing a final major work.

Taken 2 remains on top with close victory over Argo

LOS ANGELES - Liam Neesons "Taken 2" has defended its box-office title with a narrow win over Ben Afflecks "Argo."Sunday studio estimates put 20th Century Foxs action sequel "Taken 2" at No. 1 with $22.5 million in its second ...

Rearguard Biden action lays ground for Obama offensive

OPINION:The vice-president didn’t disappoint and exposed pretender Paul Ryan’s tired neo-con agenda

Cuban Missile Crisis effects 50 years on

Doubts remain whether the Cuban Missile Crisis between the US and the Soviet Union taught a lesson.

Weekend Wrap-up

There were six new wide releases out this weekend, so of course what happened? The old guy wins again.

Syria and Turkey restrict airspaces

Syria banned Turkish flights from its airspace and Turkey has made a similar move as conflict continues.

Fitzpatrick, Boockvar take part in forum

Kathy Boockvar used an 8th District Congressional forum to again call out Republicans for attacking her and her husband with "scare tactics and distortions."

Israeli Cabinet sets Jan. 22 election date

Israel’s Cabinet announced Sunday a Jan. 22 date for a national election, a ballot that opinion polls predict Prime Minister Benjamin Netanyahu will win.

Iran presents detailed proposal for Syrian solution to Brahimi

Iranian Foreign Minister Ali Akbar Salehi Sunday gave visiting U.N.-Arab League envoy Lakhdar Brahimi a proposal aimed at ending the conflict in key regional ally Syria.

WILLIAMS: How could this happen?

There were no protesters. I'll say it again: There were no protesters. People tend to believe the first thing that they hear. If I tell you that the individual mandate is a penalty, and then I later tell you that it's really a tax, you will doubt the second thing ...

Kuwait to host first Asian powers summit

Kuwait says it will host the first summit of the 10-year-old Asia Co-operation Dialogue this week.

Iran hands visiting Syria envoy proposal

Iranian foreign minister Ali Akbar Salehi has given an UN-Arab League envoy a plan to end Syria's conflict.

Iran: 600 metalworkers protest in Tehran

Over 600 metalworkers gathered in front of Iranian ministry of labour and social security as negotiations with government officials regarding their demands reached an impasse.

Nine Rubies: Hidden Stories of a woman's life in Iran revealed through unique bond of trust between two American moms

In 1990 two mothers sat in a modest Connecticut kitchen enjoying a spring day and the usual conversation of getting to know someone new. It turned out out that their common passions of family, children, gardening and heritage would become the pathway by which Mahru would start to share personal...

"Gurdaleh" catches Golden Butterflies at Isfahan festival

"Gurdaleh and Aunt Ghuli", an Iranian musical film featuring puppetry, has won Golden Butterflies in four categories at the 26th International Film Festival for Children and Young Adults in Isfahan.

Iran prepared to halt uranium enrichment

The Iranian Foreign Ministry has announced that it is prepared to negotiate a stop to its uranium enrichment program if it could receive from elsewhere the necessary fuel for its research reactor.

Iranian MP warns against counterfeit foreign bills

The head of the economic commission of Iran's Parliament announced on Saturday that "five billion dollars in fake bills" was being distributed among the public.

New views emerge in Tehran

Ahmadinejad knows that advocating better relations with the US will not advance, but he is determined to remain in politics. By repeating his proposal five times and in different venues, he tries to establish that what he said was not a fluke.

Photos: School for Blinds in Sari, Iran

This is the school for blinds. There are children here whose closed eyes is open to another world; a world full of desire and ability. Their little fingers read the writings of the beauties of this world. These hands know the language of the leaves, trees and flowers -Farhad Babaei

Iran is fighting a battle of wills: Supreme Leader

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has said that Iran is fighting a battle of wills and will thwart all the plots hatched by the enemies. Meanwhile, Mohammad Nourizad has accused Supreme Leader's son of major corruption and influence peddling.

Longtime GOP Senate moderate Arlen Specter bucked his party

NEW YORK, Oct. 14, 2012 /PRNewswire-USNewswire/ -- AJC today mourned the death of Arlen Specter, who represented Pennsylvania in the United States Senate from 1981 to 2011. Specter, 82, was a recipient of AJC's Congressional Leadership Award. (Logo: ...

Hezbollah foes say support for Assad puts Lebanon at risk

>BEIRUT (Reuters) - Hezbollah's increasingly visible support for President Bashar al-Assad and its latest military challenge to Israel has put the militant group on a collision course with domestic opponents who accuse it of dragging Lebanon towards regional conflict. While still denying it has sent forces to Syria to fight...

Iran refinery work may force it to buy more gasoline

>Alternatively the country will have to rely more heavily on the poor-quality gasoline it produces from converted petrochemical plants.Iran can produce about 60 million liters a day of gasoline when all its refineries are fully operational, compared with daily consumption of around 65 million liters, the semi-official Mehr news...

Iran says it will cut imports of non-essential goods

>DUBAI (Reuters) - Iran said it would seek to cut imports of non-essential goods and urged its citizens to reduce their use of foreign-made mobile telephones and cars, as the country struggles to cope with Western economic sanctions. The policies suggest the government is moving the economy onto an austerity...

Why Binyamin Netanyahu is on the right track for victory

On a train ride through Jerusalem's various enclaves, no one is prepared to bet against Netanyahu One end is a Jewish settlement across the Green Line, the other is close to Israel's haunting memorial to the victims of the Holocaust, Yad Vashem. In between, Jerusalem's light railway travels through Palestinian...

Syria hits back with ban on Turkish flights

Syria banned Turkish passenger flights from its airspace from Sunday in a retaliatory move after Turkey confiscated a cargo of what Russia said was radar equipment en route from Moscow to Damascus.

Presidential Debates Ignore Other Big Ticket Items

When the presidential debate dust finally settles, President Obama and GOP Presidential foe Mitt Romney will have spent a grand total of four and one half hours battering each other on who can do the best or worst job on...

Biden, Ryan in fiery VP debate

US VP Joe Biden and Republican hopeful Paul Ryan have engaged in a heated televised debate.

Germany calls for tougher EU sanctions against Iran

October 14, 2012 5:11 PM BERLIN (AFP) - Germany's foreign minister on Sunday called for tougher European Union sanctions against Iran, on the eve of a meeting to decide on harsher measures against Teheran over its disputed nuclear drive.

Obama still under pressure

VP Joe Biden's debate effort righted the Democratic ship, but the pressure is still on Barack Obama.

Iran's Nuclear Ambitions Take Center Stage

Iran's nuclear ambitions have become a topic of debate in the presidential race. Most recently, Joe Biden and Paul Ryan argued in their debate last week how long it would be before Iran possessed the capability to make an actual weapon.

Iran: Hezbollah Drone Proves Our Capabilities

Iran calls Hezbollah drone flight into Israeli airspace a proof of Tehran's capabilities