News Archive - 28 August 2015

>"We've got some momentum built up on our side," said White House spokesman Josh Earnest at a briefing, referring to the 30 Senators who have publicly announced support for the deal. Deal supporters need 34 of the 100 senators or 146 members of the 435-seat House to sustain a veto.

>Thousands of Chinese troops will march through central Beijing on Thursday to commemorate the 70th anniversary of the war's end, overseen by Chinese President Xi Jinping and leaders such as Russian President Vladimir Putin.Western leaders have mostly declined to attend, as has Japanese Prime Minister Shinzo Abe."China's contribution...

>MINNEAPOLIS Joe Biden got plenty of love from top Democrats on Friday, but their views about a possible White House run by the vice president were decidedly more mixed.While Biden was nowhere near the summer meeting of the Democratic National Committee, his potential late entry into the party's presidential...

>Private equity firm Carlyle Group LP (CG.O) has been exploring a sale of aircraft leasing and maintenance company Landmark Aviation for as much as $1.7 billion, including debt, people familiar with the matter said on Friday.The business jet market is slowly recovering from a downturn sparked by...

>SAN FRANCISCO In 2009, Eugene Kaspersky, co-founder of one of the world's top security companies, told some of his lieutenants that they should attack rival antivirus software maker AVG Technologies N.V. (AVG.N) by "rubbing them out in the outhouse," one of several previously undisclosed emails shows.He was...

>U.S. union leaders said on Friday that a landmark U.S. labor board ruling on companies' obligations toward contract and franchise workers would help them organize manufacturers and e-commerce companies as well as fast food chains.On Thursday the National Labor Relations Board (NLRB) ruled the owner of a...

>But the former secretary of state still has a lead of more than 20 percentage points over her nearest rival, Vermont Senator Bernie Sanders, the online survey showed on Friday.Clinton has suffered a steady erosion in the number of people in opinion polls who see her as trustworthy as...

>Planned Parenthood filed a complaint in Alabama federal on Friday seeking to stop the state from defunding its health clinics after the release of covertly recorded videos attacking the organization's handling of aborted fetal tissue.The reproductive-health organization took similar legal action earlier this week in Louisiana, which also plans...

>SAN FRANCISCO Uber Technologies Inc [UBER.UL] has hired two top vehicle security researchers, the company said on Friday, additions to its staff that come as the ride-hailing service ramps up its work on technology for self-driving cars.Charlie Miller, who had been working at Twitter Inc, and Chris Valasek,...

>VIENNA Distraught over missing relatives en route from Syria to western Europe, two young men waited anxiously on Friday for news outside Vienna’s forensic department, where some of the bodies of 71 dead migrants found in Austria have been brought."We have not heard from them in three days. Last...

>"The Chinese economy has entered into a very tricky and difficult period ... Officials are worried," David Daokui Li, a professor at Tsinghua University, said at an annual global central banking conference here."Right now we are stuck with today's economy" with more reforms needed to fuel economic growth more through...

>NEW YORK After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market's recent wild...

>Electric vehicles have failed to take off with mainstream customers because current battery technology limits the operating range of vehicles to below 500 kilometers (311 miles), and because vehicles take hours to fully recharge. According to a filing with the state of California, Seeo's battery technology may help to increase...

>WASHINGTON Backers of Vice President Joe Biden are reaching out to donors and activists in the gay and lesbian community to line up financial and political support if Biden, who endorsed same-sex marriage before Hillary Clinton, decides to run for president.Draft Biden, the outside Super PAC that is laying...

>TORONTO The chief executive of infidelity website Ashley Madison's parent company Avid Life Media has left, just over a week after hackers leaked data about millions of its clients in a massive cyber assault.Avid Life said on Friday the departure of Noel Biderman was by "mutual agreement" and its...

>BERLIN Facebook will have to abide by German laws banning racist sentiment even if it might be allowed in the United States under freedom of speech, Justice Minister Heiko Maas said in an interview with Reuters.Maas, who has accused Facebook (FB.O) of doing too little to thwart racist...

>WASHINGTON A U.S. appeals court on Friday threw out a judge's ruling that would have blocked the National Security Agency from collecting phone metadata under a controversial program that has raised privacy concerns.The U.S. Court of Appeals for the District of Columbia Circuit said there were not...

>ATHENS Former Greek Prime Minister Alexis Tsipras' leftist Syriza will emerge as the biggest party after next month's election but without the sizeable margin it was hoping for, the first major opinion poll since he resigned last week showed. The survey also found that almost two thirds of voters felt...

>TRIPOLI A boat packed with mainly African migrants bound for Italy sank off the Libyan coast on Thursday and officials said up to 200 might have died.A security official in the western town of Zuwara, from where the overcrowded boat had set off, said there had been around 400...

>LONDON Fears over the health of China's economy kept world markets on edge this week and the country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.Those concerns sent world stocks, commodities and currencies on a roller-coaster ride this...

>LONDON Credit rating firm Moody's cut its 2016 global economic growth forecasts on Friday, with China and United States both trimmed and Russia and Brazil seen staying in recession.It was a surprise move from the firm, coming just 10 days since its last forecasts. It put average growth in...

>WASHINGTON U.S. consumer spending rose in July as households stepped up automobile purchases, offering further evidence of strength in the economy that keeps the door open to a Federal Reserve interest rate hike this year. While other data on Friday showed consumer sentiment dipped in August, likely as households...

>Mylan said that more than two-thirds of shareholders had backed the vote. It needed more than half of them to do so in order to pursue the takeover. (Reporting by Caroline Humer)...

>Innovation, which provides software and services to help insurers process claims, said the talks may or may not lead to a deal. Shares in Innovation Group, which have risen by 18 percent in the last 12 months, were trading 6 percent higher at 37.5 pence at 1029 GMT. Under...

>FRANKFURT Germany's RWE (RWEG.DE) is close to striking a financing deal for its planned 1.3 billion-pound ($2 billion) Galloper UK offshore wind park project, according to one of its executives, as its expansion in renewable energies gathers pace.RWE, Germany's largest power producer, came late to the boom...

>BEIJING/SHANGHAI Uber Technologies Inc's China arm has closed its $1 billion fundraising round early, according to two people with knowledge of the matter, with investors still hopeful for the U.S.-based ride service despite strong domestic competition.Investors in Uber's Chinese unit include Internet giant Baidu Inc, China CITIC...

>NEW YORK/WASHINGTON Manhattan real estate lawyer John Mechanic remembers the summer day a decade ago when Donald Trump gave him a tour of a vacant retail space inside the Trump Tower on a glittering stretch of Fifth Avenue in Manhattan. Mechanic was representing Gucci, and the luxury retailer was already...

>NEWPORT BEACH, Calif. The Pentagon is teaming up with Apple, Boeing, Harvard and others to develop high-tech sensory gear flexible enough to be worn by people or molded onto the outside of a jet.The rapid development of new technologies is forcing the Pentagon to seek partnerships with the private...

>Under a strategic agreement, MTS will feature Google's voice search in its ad campaigns and retail stores, and a relevant application will be pre-installed on the main screen of Google's Android-based smartphones sold in the MTS retail chain. "MTS will share with Google the cost of mobile Internet promotion and...

>While the world's two largest economies have important mutual interests, like trying to rein in North Korea's nuclear program, deep disagreements exist over everything from Internet security to China's claims in the South China Sea."We have seen our bilateral relationship evolve and strengthen in recent months. And we have...

>SEOUL Beset by crisis, scandal and a sluggish economy in the first half of her single five-year term, South Korean President Park Geun-hye's approval rating soared in a poll released on Friday after a pact with North Korea brought back the rivals from the brink of conflict.Park's rating in...

>TRIPOLI/EISENSTADT, Austria Libya on Friday recovered the bodies of 82 migrants washed ashore after their overcrowded boat sank on its way to Europe while Austria said 71 refugees including a baby girl had been found dead in the back of an abandoned freezer truck.Three people were arrested in Hungary...

>China's central bank is highly likely to ease monetary policy again by the end of this year, according to economists surveyed by Reuters, as it seeks to support a rapidly cooling economy and calm financial markets.The People's Bank of China cut interest rates and lowered the amount of reserves...

>"The U.S. outlook still looks very good," St. Louis Fed President James Bullard told Bloomberg. "The key question for the committee is how much would you want to change the outlook based on the volatility we've seen over the last 10 days. And I think the answer to that...

>Munich prosecutors are pursuing criminal allegations against current and former Deutsche Bank executives in the wake of a civil suit brought by the heirs of deceased media magnate Leo Kirch. Prosecutors have accused the executives of misleading the court about the bank's role in connection with the collapse of the...

>The stock market turmoil of the last five days, following weeks of broader declines that have left half of this year's newly listed stocks below their offering prices, could slow the already cooling U.S. market for initial public offerings.Wall Street bankers, who reap rich fees from guiding companies...