News Archive - 10 July 2014

UPDATE 1-Kerry, ministers to join Iran nuclear talks in Vienna-official

>PRAGUE (Reuters) - U.S. Secretary of State John Kerry and foreign ministers from the six powers negotiating with Iran on its nuclear programme will travel to Vienna this weekend to help break the logjam in the talks, a senior Western official said on Thursday. "I can tell you that...

Berlin tells CIA station chief to leave in spy scandal

>BERLIN (Reuters) - Germany told the CIA station chief in Berlin to leave the country on Thursday in a dramatic display of anger from Chancellor Angela Merkel at the behaviour of a close ally after officials unearthed two suspected U.S. spies. The scandal has chilled relations with Washington to...

Russia hopeful of Iran nuclear deal despite 'difficult' talks

>Iran and the six powers - the United States, Russia, France, Germany, China and Britain - are struggling to bridge wide differences on the future of Tehran's nuclear program to meet the self-imposed deadline."The discussions are extremely difficult but on the face of it there is some progress," the...

Football: Asian president reveals re-election bid

The head of Asian football has told AFP he will seek re-election next year as he tries to revamp regional football after previous scandals and a disappointing World Cup. Asian Football Confederation (AFC) president Shaikh Salman bin Ebrahim Al Khalifa said he wants to "set a new course" for Asian...

Germany Will Win the World Cup (At Least According to Twitter)

Germany will win the World Cup, at least according to world-wide fan sentiment expressed on Twitter.

Beyoncé and J-Lo’s designers cap Paris couture

PARIS (AP) — They’re fashion newcomers — but already have star clients like Beyoncé, Angelina Jolie, Kristen Stewart and Jennifer Lopez. Not bad for “up-and-coming” houses Ralph & Russo and Zuhair Murad — part of a new wave of business-minded couture designers — whose shows capped fall-winter 2014-15 shows Thursday.

‘French FM due in Vienna for Iran talks’

French Foreign Minister Laurent Fabius is reportedly due in the Austrian capital of Vienna to assess the progress of nuclear negotiations between Iran and the P5+1 group.

Letter: Break cycle of retaliation to ease Mideast violence

Israeli leaders urged the United States to invade Iraq, to bomb Syria and arm Sunni insurgents there (yes, the ones now sweeping across Iraq), and to attack Iran. I was saddened that Andrew J. Groveman is urging the U.S. government to become even more militarily aggressive in that region...

Owner of

The vehicle was an undercover police car. Credit: Reuters The owner of an apparently illegal company called Whoops Towing got his comeuppance when he tried to haul off an undercover police car.

Renault rejigs operations to focus on India

Looking at the long term prospects and to spur sales in the short term, French automobile maker Renault group has decided to focus on the Middle East, India and Gulf markets, the group said.

Oil & Gas Round Up – July 07 to 11, 2014

Arun Jaitley said in Parliament that the government will set up 15,000 km of additional gas transport infrastructure under the public-private-partnership mode.

Bob Carr warns against ANZUS-style security pact with Japan

Former foreign affairs minister Bob Carr has warned the Government against entering into any kind of security pact with Japan.

Obama tells Israel's leader US willing to negotiate cease-fire

WASHINGTON (AP) - President Barack Obama is telling Israel's leader that the United States is willing to negotiate a cease-fire between Israel and Hamas.

Maradona To Stay In Argentina Team Hotel

RIO DE JANEIRO, July 10 (Xinhua) -- Argentina's national team will be accompanied by Diego Maradona as they prepare for Sunday's World Cup final against Germany at the Maracana stadium.

Oil Theft Around the Globe

Of the countries plagued by oil theft, these five stand out. As many as 400,000 barrels of oil a day are stolen in Nigeria. This equates to losses of $1.7 billion a month for Africa's new largest economy.

Russia Hands Belarus Anti-Aircraft Systems

The Russian Defense Ministry has signed a contract to give Belarus four S-300 air defense systems, which are worth hundreds of millions of dollars, free of charge, a top Russian military official told ITAR-Tass on Thursday.

Failed Peacemaking Limits U.S. Clout Over Israel, Hamas

President Barack Obama is being abruptly pulled back into the Israeli-Palestinian conflict after failed peace efforts left his administration less equipped to shape the outcome.

Israel vs. Hamas: The conflict by the numbers

In light of The Economist’s index during the last Israeli offensive in Gaza in November 2012, here are some numbers from July 8-July 10 2014.

Taekwondo star Adjetey target Kazakhstan gold medal

US-based Ghanaian Taekwondo athlete, David Koney Adjetey, says he is poised to challenge for a gold medal at the upcoming Grand Prix in Kazakhstan later this year.

Hundreds of US lawmakers seek role in Iran nuclear talks

>The letter noted that the U.S. Congress played a central role in enacting sanctions against Iran and insisted Congress be involved in any decision to ease sanctions.Three hundred and forty-four of the chamber's 435 members, both Republicans and Democrats, signed the letter, which was released Thursday by California...

What weapons are being used in the Israel-Gaza conflict

What are the weapons which are being used in the Israel-Gaza fighting?

Exports grow 6.9% in May

PHILIPPINE exports grew by 6.9 percent in May 2014 and overall outlook for the rest of the year continues to be upbeat, according to the National Economic and Development Authority (Neda).

Hey Russia, Ukraine would like its military-trained killer dolphins back

Ukraine has asked for the return of its dolphins, which "defected" to Russia when their Crimea home was annexed in March.

US, China talk cyberhacking amid new allegations

U.S. Secretary of State John Kerry speaks at the Strategic Dialogue expanded meeting with Chinese... U.S. Secretary of State John Kerry meets with China's President Xi Jinping, right, at the Great...

Putin’s Failure as a Grand Strategist

Vladimir Putin’s obsession with power could cause Russia to slip down the dragon’s throat. Russia’s most serious geopolitical challenges do not lie to the West but to Russia’s South and East.

Turkey-based Van Airlines plans to operate flights to Armenia

The first flight will be launched on April 2, 2015, with Van-Ankara-Van, Van-Istanbul-Van flights to operate daily.

Can Russia take advantage of Western sanctions?

Living under sanctions is possible, and Russia knows it from international experience. After all, China has been under sanctions since 1989, but it does not stop the country's successful development.

BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET

>Global Picture Desk: + 65 6870 3775Global Graphics Desk: + 65 6870 3595(All times GMT / ET)Receive this schedule by email:mediaexpress.reuters.comTOP STORIESFaltering Germany casts cloud over fragile euro zoneBRUSSELS - Germany's faltering economy has cast further doubt over the euro zone's prospects for recovery this year, with no...

UPDATE 1-Growing fines for bad banks make them harder to shore up ...

>* No global deal on bail-in debt mean higher capital levels (Adds more detail, background)By Huw JonesLONDON, July 10 (Reuters) - A mountain of accumulating fines for banks that have broken the rules is making it harder for regulators to work out how much capital lenders need to hold to...

German stocks - Factors to watch on July 10

>The following are some of the factors that may move German stocks:BANKSDeutsche Bank indicated 0.3 percent higherCommerzbank indicated 0.4 percent lowerThe European Central Bank aims to keep banks on a tight leash in the final phase of a balance sheet health check in October, giving them just 48...

UPDATE 2-OPEC's oil market share to shrink in 2015, despite ...

>* United States again set to lead non-OPEC output growth* Sees 310,000 bpd decline in demand for OPEC crude* IEA report due on Friday (Adds details on OPEC production, comparison with EIA)By Alex LawlerLONDON, July 10 (Reuters) - OPEC expects its share of the world oil market to shrink in...

European Factors to Watch-Steady start eyed; Burberry seen up

>LONDON, July 10 (Reuters) - European stocks were seen opening steady on Thursday as investors digested strong earnings from luxury brand Burberry and a weaker update from Primark's owner AB Foods.At 0631 GMT, futures for the Euro STOXX 50, Britain's FTSE 100 , Germany's DAX and France's CAC were...

Militants in Lebanon seek to emulate Islamic State

>BEIRUT (Reuters) - The success of the Islamic State in Iraq and Syria has emboldened like-minded militants in Lebanon who believe they can emulate it, the interior minister said, confirming the militant Sunni group had now appeared in Beirut for the first time. In an interview with Reuters, Nohad Machnouk...