News Archive - 6 June 2015

China boat death toll exceeds 400, victims mourned

>Only 14 survivors, one of them the captain, have been found after the ship carrying 456 overturned in a freak tornado on Monday night in Jianli in Hubei province. Most of the passengers were elderly tourists.The four-storied ship was righted and raised on Friday, allowing rescuers onto it to...

Republican Walker is leader of 2016 election pack in Iowa

>BOONE, Iowa Scott Walker, a likely Republican presidential contender who is riding high in polls in the early voting state of Iowa, was literally the leader of the pack on Saturday at a gathering of 2016 White House hopefuls.Walker, the governor of neighboring Wisconsin, joined U.S. Senator Joni...

Apple set to introduce Apple Pay in Britain: Telegraph

>Apple is expected to make the announcement on Monday in San Francisco at its annual conference for developers, the paper said.It quoted the sources as saying the company had been in talks with banks and retailers about the project since last year.A spokeswoman at Apple did not immediately...

CEO says Orange 'in Israel to stay'

>Israel protested to France after CEO Stephane Richard said the 25 percent state-owned telecoms group planned to terminate an arrangement with Israel's Partner Communications, drawing accusations Orange was bending to a pro-Palestinian boycott movement."Orange does not support any form of boycott, in Israel or anywhere else in the world,"...

Mexico strengthens security in restive south ahead of Sunday vote

>The force will be spread among Oaxaca, Chiapas, Guerrero and Michoacan states, where a union and other radical groups have vowed to disrupt the vote.A splinter teachers union as well as other activist groups have in recent days sowed chaos in the states, burning ballots and attacking the offices...

Apollo leads bids for St-Gobain's Verallia: Bloomberg

>A deal could be announced as early as Monday, Bloomberg cited a person with knowledge of the matter as saying, adding that it was valued at over 2.8 billion euros ($3.11 billion).A spokeswoman for Saint-Gobain declined to comment on the ongoing process. Saint-Gobain Chief Executive Pierre-Andre de...

Big U.S. data breaches offer treasure trove for hackers

>WASHINGTON A massive breach of U.S. federal computer networks disclosed this week is the latest in a flood of attacks by suspected Chinese hackers aimed at grabbing personal data, industrial secrets and weapons plans from government and private computers.The Obama administration on Thursday disclosed the breach of computer...

Obama faces new dynamic with Europe at G7 summit in Germany

>WASHINGTON When President Barack Obama attends the Group of Seven summit in Germany on Sunday, he will join fellow leaders who are growing accustomed to a new dynamic in the transatlantic relationship: less direction from Washington, more demands on Europe.In responding to Russia's intervention in Ukraine, the crisis in...

More than 2,000 migrants rescued in Mediterranean, operations ongoing

>"MOAS coordinated the rescue of over 2,000 people together with Italian, Irish and Germany ships," the group tweeted. The migrants were packed onto wooden fishing boats in the Mediterranean off the Libyan coast.Italy's coastguard, which coordinates sea rescue efforts in from Rome, could not confirm the number of migrants...

Lunch with Warren Buffett auctioned for $2.35 million

>The chairman of a Chinese company that develops online games has agreed to pay $2,345,678 for a private lunch with billionaire investor Warren Buffett, winning a charity auction.This year's auction was the 16th to benefit the Glide Foundation, a nonprofit in San Francisco's Tenderloin district that provides food, health...

French PM Valls vows to pursue reforms to boost growth

>Valls told his Socialist Party's congress in Poitiers on Saturday that it remained his top priority to reduce unemployment, which remains above 10 percent and rose further in April to a fresh record of 3.54 million people.The prime minister told party supporters that after years of crisis and...

Greece to resume debt talks after Tspiras rejects 'absurd' terms

>ATHENS/GARMISCH-PARTENKIRCHEN, Germany Greek Prime Minister Alexis Tsipras will resume talks with euro zone lenders in Brussels next week after telling parliament he rejected the creditors' "absurd" terms for a cash-for-reform deal to keep his country from default.The unresolved Greek debt impasse, which is weighing on financial markets and could...

Russia's Economy Minister says GDP to shrink 2.5-2.8 percent in 2015: RIA

>"This year as a whole we expect a 2.5-2.8 percent fall in GDP," RIA quoted him as saying during a visit to Voronezh.The ministry officially forecasts that GDP will contract by 2.8 percent this year, but Ulyukayev had previously said the decline may be less than...

Netflix to offer Internet TV service in Italy, Spain

>The Silicon Valley-based company said that, starting in October, Internet users in Italy would be able to subscribe to Netflix to watch a selection of TV series and movies on TVs, computers, smartphones, tablets and other devices.On Thursday, Netflix said it planned to enter Spain, also in October. Netflix...

Taiwan coast guard launches new ships as South China Sea tensions rise

>KAOHSIUNG, Taiwan Taiwan's coast guard on Saturday commissioned its biggest ships for duty in the form of two 3,000-ton patrol vessels, as the island boosts defenses amid concerns about China's growing footprint in the disputed South China Sea.The new vessels will be able to dock at a new port...

Saudi Arabia says it shot down Scud missile fired by Yemen's Houthis

>DUBAI/SANAA Saudi Arabia shot down a Scud missile fired into the kingdom by Yemen's dominant Houthi group and its army allies on Saturday, according to the Saudi state news agency, in a major escalation of two months of war.In the first use of a Scud in the conflict, the...