News Archive - 26 March 2015

>WASHINGTON (Reuters) - The U.S. Senate on Thursday launched a marathon session that will end with a vote on a budget plan after lawmakers weigh in on dozens of amendments that are likely to have more effect on campaign ads in 2016 than the final spending plan. In the...

Iran may be allowed to keep a once-secret fortified bunker full of centrifuges as part of a deal over its nuclear programme, according to intriguing leaks from the negotiation process. Negotiators are said to be considering a quid pro quo allowing Iran to keep hundreds of centrifuges at its Fordo...

>SANAA/ADEN, Yemen (Reuters) - Yemen's President Abd-Rabbu Mansour Hadi left his refuge in Aden for Saudi Arabia on Thursday as Houthi rebels battled with his forces on the outskirts of the southern port city. Throughout the day, warplanes from Saudi Arabia and Arab allies struck at the Shi'ite Houthis and...

>PARIS/SEYNE-LES-ALPES (Reuters) - A young German co-pilot barricaded himself alone in the cockpit of Germanwings flight 9525 and apparently set it on course to crash into an Alpine mountain, killing all 150 people on board including himself, French prosecutors said on Thursday. They offered no motive for why Andreas Lubitz,...

>NEW YORK (Reuters) - Oil jumped about 5 percent on Thursday, the biggest daily gain in a month, as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears that escalation of the Middle East battle could disrupt world crude supplies. The Saudi military operation against...

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The Saudi Ambassador to the United States would not rule out the possibility of the Saudis creating their own nuclear bomb to counterbalance a nuclear-armed Iran in an interview with CNN's Wolf Blitzer on Thursday. "This is not something we would disc...

Kentucky joins fellow No. 1 regional seed Wisconsin and Notre Dame in the regional finals. Wisconsin fought past North Carolina 79-72 while Notre Dame topped Wichita State 81-70 to get back in the final eight for the first time in 36 years. The Wildcats, the top seed in the Midwest...

WASHINGTON: US Secretary of State John Kerry left Washington on Wednesday for a date with history, hoping to seal a deal reining in Iran's nuclear ambitions for years to come.

Following the appeal from Yemen's legitimate President Abd Rabbuh Mansur Hadi, who fled the country, Saudi Arabia launched a military operation against a Shiite militant group of Huthis, Shiite rebels. Saudi troops crossed the border of Yemen. Airspace over Yemen was closed.

Tonight was Jason Jones ' final night on The Daily Show , and Jon Stewart made sure to give him a big send-off, showing off some of Jones' best and craziest moments.

>(Reuters) - Builders FirstSource Inc (BLDR.O), a U.S. supplier of residential building products, is in discussions to acquire peer ProBuild Holdings Inc for approximately $1.5 billion, including debt, three people familiar with the matter said on Thursday. A deal would underscore the U.S. homebuilding sector's consolidation,...

>Shares of Hyundai Hysco surged over 6 percent on Friday, after media reports said it may be absorbed into Hyundai Steel, a sister company of automakers Hyundai Motor (005380.KS) and Kia Motors (000270.KS). (Reporting by Hyunjoo Jin; Editing by Richard Pullin)...

>WASHINGTON (Reuters) - Japanese Prime Minister Shinzo Abe will address a joint meeting of the U.S. Senate and House of Representatives on April 29, becoming the first Japanese leader to do so. Abe will spend eight days on a state visit expected to focus on joint responses to growing...

>SEOUL (Reuters) - A $50 portable media player is providing many North Koreans a window to the outside world despite the government's efforts to keep its people isolated - a symbol of change in one of the world's most repressed societies. By some estimates, up to half of all urban...

>SAN FRANCISCO (Reuters) - For the past month, the name most associated with venture capital firm Kleiner Perkins Caufield & Byers is former partner Ellen Pao, who took the firm to trial for gender discrimination and retaliation. Now the company is searching for new names, at a more intense level...

>In Iraq, the coalition conducted 17 air strikes near Tikrit, where Iraqi forces have mounted an offensive to try to oust Islamic State militants from the city. Seven air strikes were conducted against Islamic State targets in other parts of Iraq.In Syria, four air strikes hit Islamic State positions...

>Industrial firms made a combined profit of 745.2 billion yuan ($119.91 billion) in January-February, the National Bureau of Statistics said on Friday.It was the biggest drop in the period since profits fell 5.2 percent in early 2012. He Ping, an official at the bureau, said that...

>NEW YORK (Reuters) - The U.S. dollar was on track for its biggest one-day gain against the euro in a week on Thursday after traders reestablished bullish bets on the dollar following recent weakness in the currency. Analysts said traders stepped in to repurchase the greenback after the euro...

>SINGAPORE (Reuters) - Oil prices fell over a percentage point on Friday as traders estimated that the threat of a disruption to world crude supplies from Saudi Arabia-led air strikes in Yemen was low. Goldman Sachs said in an overnight note that the strikes in Yemen would have little effect...

>TOKYO (Reuters) - Asian stocks crawled higher on Friday as upbeat U.S. economic data helped revive some risk appetite lost following air strikes on Houthi militants in Yemen, while the dollar rebounded. Crude oil prices were slightly lower on the dollar's bounce after surging overnight on the escalating conflict...

EDITORS:These are among the top sports events of the week. Coverage of most of these events will move on this circuit:thru April 5, Key Biscayne, Florida " tennis, ATP-WTA, Miami Open.thru 29, San Antonio " golf, US PGA Tour,...

(Bloomberg) -- Asian stocks outside Japan rose, paring weekly losses as U.S. equity-index futures advanced. The yen held gains after inflation slowed more than forecast, while crude oil fell, trimming ...

ANALYSIS/OPINION: President Obama says Rudy Giuliani was wrong. He does, too, love America. That's good enough for me. He says he's a Christian, despite his constant love bombs for Islam, and if that's good enough for God it's good enough for me, too. Conversations between believers and the Almighty are ...

As the United States backs a Saudi-led intervention in Yemen, Washington runs the risk of undercutting its diplomacy with Iran and becoming embroiled in a regional sectarian conflict running from Aleppo to Sanaa.

>HONG KONG (Reuters) - ChemChina, which could soon face the task of integrating Italian tire-maker Pirelli (PECI.MI) after its $7.7 billion bid, can take heart in the knowledge that Chinese buyers have made a decent fist of growing global brands in recent years. Backed by cheap funding and...

>(Reuters) - Private equity firm Platinum Equity LLC is in advanced talks to buy PrimeSource Building Products Inc, the largest distributor of screws and nails in the United States, from Itochu Corp (8001.T), according to people familiar with the matter. A deal will likely value PrimeSource at between $800...

>MILAN (Reuters) - Italian tyre maker Pirelli (PECI.MI) has a strong future with owner-to-be China National Chemical Corp and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera told Reuters in an interview on Thursday. ChemChina on Sunday agreed to become the majority owner of...

>WASHINGTON (Reuters) - Maybe it was the kiss that John Boehner planted on Nancy Pelosi's cheek that early January day in front of the entire House of Representatives that should have provided a clue. Not long afterward, Boehner, the Republican Speaker of the House, dispatched a top healthcare adviser to...

>The vote was 100-0 for the amendment, sponsored by Republican Senator Mark Kirk, which would establish a fund to cover the cost of imposing sanctions if Tehran violated terms of an interim nuclear agreement now in effect, or the final agreement negotiators hope to reach before July.The Senate spent...

>WASHINGTON/NEW YORK (Reuters) - The U.S. House of Representatives on Thursday overwhelmingly approved a bill to permanently repair the formula for reimbursing Medicare physicians, marking a rare bipartisan achievement and sending the issue next to the Senate. The measure drafted and driven forward by Republican House Speaker John Boehner...

>WILMINGTON, Del. (Reuters) - RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale. RadioShack, which filed for bankruptcy last month, told a U.S. Bankruptcy judge...

>WASHINGTON (Reuters) - The U.S. House of Representatives Intelligence Committee voted unanimously on Thursday to advance a long-awaited bill that would make it easier for companies to share information about cybersecurity threats with the government without the fear of lawsuits. A committee spokesman said the panel approved the measure...

>SAN FRANCISCO (Reuters) - Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and analysts. Facebook executives made the case on Thursday, at...

>LAUSANNE, Switzerland (Reuters) - Iran's president spoke with the leaders of France, Britain, China and Russia on Thursday in an apparent effort to break an impasse to a nuclear deal between Tehran and major world powers. He also raised the Saudi-led military operation against Iranian-backed Houthi fighters in Yemen, as...

>Japan is in close contact with key ally the United States in exchanging views about the Beijing-based institute, while it has not received any responses from China about its inquires on the AIIB, Aso told reporters after a cabinet meeting.South Korea said on Thursday it has decided to seek...

>TOKYO (Reuters) - Japan's annual core consumer inflation ground to a halt in February when excluding the effect of last year's tax hike, the first time it has stopped rising in nearly two years, keeping the central bank under pressure to expand monetary stimulus further. Household spending slumped even as...

>Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million fortune to charity - after paying for his 10-year-old nephew's college education."You want to be the pebble in the pond that creates the ripples for change," Cook told...

>NEW YORK (Reuters) - U.S. stocks fell for a fourth straight session on Thursday but indexes ended well off session lows with support from economic data and earnings, including Accenture's. Semiconductor stocks were again under pressure, this time after SanDisk (SNDK.O) cut its revenue outlook. Its shares tumbled...