News Archive - 14 September 2015

>The plant outside New Orleans is expected to start producing in the third quarter of calendar 2016, with all of its output already committed to customers, including Incitec's Dyno Nobel arm in the United States and ammonia trader Trammo.Weak ammonia prices have found support as some plans for new...

>DALLAS A downtown Dallas rally by presidential hopeful Donald Trump produced some of the sharpest scenes of conflict yet in his campaign as hundreds gathered to protest his positions on immigration and confronted supporters as they left the event.Inside the rally at the American Airlines Center sports arena, the...

>The product allows physicians to view clearer, more instant images of internal organs, aiding precision during surgical procedures, the medical device makers told Reuters ahead of an official announcement on Wednesday.Sony bought 11.5 percent of Olympus in 2012, in a much-needed cash injection for the latter after an...

>The director of the North's Atomic Energy Institute said in comments carried by the official KCNA news agency said the country was fully ready to cope with U.S. hostility with "nuclear weapons any time." (Reporting by Jack Kim and Ju-min Park; Editing by SImon Cameron-Moore)...

>WASHINGTON/BEIRUT The historic nuclear deal reached between Iran and major world powers has yet to be implemented, but one clear winner has emerged: Iran's highest authority, Supreme Leader Ayatollah Ali Khamenei.Khamenei has yet to publicly back the accord, which lifts some sanctions on Iran in return for limits on...

>Twitter Inc said users experienced problems accessing the service between 2:22 p.m. to 3:16 p.m. EDT, but the mobile app and Tweetdeck, which allows users to view multiple Twitter browsers at once, were unaffected.Twitter users and others said they received a message that read "something is technically...

>LAS VEGAS, NEVADA U.S. presidential candidate Scott Walker said if he is elected next year he will seek to eliminate federal government unions and the agency that investigates labor disputes, as well as helping states let public employees opt out of union membership.After fading to low single-digits in...

>SINGAPORE Oil prices steadied early on Tuesday as traders closed short positions and took on new longs after markets tumbled in the previous session.Crude prices fell on Monday with the onset of lower demand autumn trading and as weak economic data out of China and soft gasoline prices RBc1...

>TOKYO The Australian dollar rose to a two-week high on Tuesday morning after the country's ruling party ousted unpopular prime minister Tony Abbott in a leadership challenge, while the yen looked to the Bank of Japan's policy meeting for catalysts.The dollar traded at 120.35 yen JPY=, having slipped...

>TOKYO Japanese manufacturers' confidence slumped the most in a year in September to an eight-month low and is forecast to worsen further as fears of a China-led global economic slowdown grow, a Reuters poll showed.Domestic demand also looks increasingly fragile as service companies reporting the weakest sentiment since March...

>TOKYO Asian shares and the dollar inched higher on Tuesday but caution reigned after Wall Street skidded as investors awaited this week's U.S. Federal Reserve policy decision.MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after Wall Street logged losses, with U.S. trading...

>Germany's oldest carmaker is considering setting up large fleets of autonomous cars to cater to a new customer base which is less attracted to vehicle ownership but still interested in using premium transportation services like limousines. "This is a concrete development goal of ours," Zetsche told Reuters on the sidelines...

>The ruling Liberal Party voted to oust Tony Abbott as prime minister in favor of Turnbull, a multi-millionaire former tech entrepreneur who is hugely popular with the electorate, in a secret ballot late on Monday."I'm filled with optimism and we will be setting out in the weeks ahead ... more...

>WASHINGTON Lanhee Chen, who was 2012 Republican presidential nominee Mitt Romney's chief policy adviser, said on Monday that he has joined the campaign of Republican candidate Marco Rubio as an adviser.Chen, 37, has been sought after by a number of Republican presidential campaigns this year for his policy experience.

>TOKYO The Bank of Japan is expected to warn of heightening global risks at its monetary meeting on Tuesday, but will hold off on expanding stimulus to preserve its limited policy options in case a looming U.S. rate hike decision sparks a fresh wave of market volatility.A run...

>CEDAR FALLS, Iowa Presidential contender Hillary Clinton shrugged off her slumping poll numbers on Monday and said the upcoming Democratic debates would give her a chance to draw a contrast with liberal Senator Bernie Sanders and other rivals as she makes her White House pitch directly to voters.“You’re supposed...

>Twitter users and others said they received a message that read "something is technically wrong" when trying to open the Twitter website on their personal computers. Twitter did not immediately respond to requests for comment. (Reporting By Yasmeen Abutaleb; Editing by Meredith Mazzilli)...

>Kremlin spokesman Dmitry Peskov linked the attack to regional elections in Russia on Sunday in which the opposition sought to challenge government-allied politicians in the one region it was allowed to run.Peskov said the election commission's website came under attack on Sunday morning."Given that, you will certainly be...

>WASHINGTON China appears to be carrying out preparatory work for a third airstrip in contested territory in the South China Sea, a U.S. expert said on Monday, citing satellite photographs taken last week.The photographs taken for Washington's Center for Strategic and International Studies (CSIS) think tank on Sept.

>NEW YORK/SAN FRANCISCO The U.S. Federal Reserve, facing this week its biggest policy decision yet under Chair Janet Yellen, puts its credibility on the line regardless of whether it waits or raises interest rates for the first time in nearly a decade.In a way it is a "damned...

>"For now there are no new investments on the horizon," Elkann told reporters in Monaco at a press conference on Exor's planned purchase of U.S. reinsurer PartnerRe (PRE.N).Exor, which is a controlling shareholder in Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N), also bought into the Economist earlier...

>WASHINGTON President Barack Obama heads to Des Moines, Iowa on Monday, a trip his administration says is about education and not about the 2016 presidential campaign that has candidates from both parties crisscrossing the state.But the visit will serve as an early test of how much clout the president,...

>Biden has been evaluating whether to challenge former U.S. Secretary of State Hillary Clinton, the current front-runner for the nomination to represent the Democratic Party in the November 2016 presidential race.Wolf told Bloomberg he was supporting Clinton but said he met with Biden for more than 90 minutes...

>Two defendants agreed to pay $30 million to settle U.S. Securities and Exchange Commission civil insider trading charges over a scheme to hack into networks that distribute corporate news releases, the regulator said on Monday.Jaspen Capital Partners Ltd and Chief Executive Andriy Supranonok, both from Kiev, Ukraine, are...

>Earnest said he did not have any updates on the timing of potential cyber-related sanctions against China ahead of that visit. (Reporting by Roberta Rampton; Writing by Jeff Mason; Editing by Eric Beech)...

>Copyright holders must consider "fair use" before demanding that people remove videos they post online, such as on Google Inc's YouTube, a U.S. appeals court ruled on Monday.In a closely followed case over the home video of a toddler dancing to the Prince hit "Let's Go Crazy," the...

>Mylan Chief Executive Robert Coury said he was confident a majority of Perrigo shareholders would support the offer of $75 in cash and 2.3 Mylan shares for each share held.Perrigo urged shareholders to take no action, pending a board review.The board will assess Netherlands-based Mylan's offer and...

>Raiffeisen is the fifth-biggest bank in the central European country, a market that has helped profits at western banks after coming out of the global financial crisis relatively unscathed."Although, for the time being, our aim is to reduce our risk-weighted assets, we want to grow in selected markets which...

>WASHINGTON Autographing photos of himself on the campaign trail, U.S. Republican presidential candidate Jeb Bush held up one that showed him heavier by 40 pounds (18 kilograms) and another of the slimmed-down campaign model."That's a low-energy picture," Bush, 62, chuckled after the portly version was thrust into his...

>During the four-day test which started on Wednesday (September 2), the drones will be transporting parcels between mainland Helsinki and Suomenlinna, an island fortress some five kilometers from the city center.According to Posti Group, it is the first company in Europe to experiment with unmanned aerial vehicles (UAV) for...

>BMW has realized next-generation vehicles cannot be built without more input from telecoms and software experts while Apple has been studying how to make a self-driving electric car. New CEO Krueger is honing BMW's strategy.Last year, Apple Chief Executive Tim Cook went to BMW's headquarters and senior Apple executives...

>FRANKFURT German premium carmakers BMW (BMWG.DE), Mercedes-Benz (DAIGn.DE) and Audi (NSUG.DE) are snapping up software experts as tech firms such as Google (GOOGL.O) threaten to outflank them in the race to develop a self-driving car.Software expertise has become a new battleground for automakers and tech...

>One of the U.S. officials said seven Russian T-90 tanks were seen at the airfield near Latakia, a stronghold of Syrian President Bashar al-Assad. The two U.S. officials said Russia had also positioned artillery there. (Reporting by Phil Stewart; Editing by Susan Heavey)...

>CANBERRA Australia will have its fifth prime minister in eight years after the ruling Liberal Party on Monday voted out Tony Abbott in favor of longtime rival Malcolm Turnbull, following months of infighting and crumbling voter support.Turnbull, a multi-millionaire former tech entrepreneur, won a secret party vote by 54...

>VIENNA The two-decade-old era of border-free travel in Europe was unraveling on Monday as countries imposed controls on their frontiers in response to an unprecedented influx of migrants.Germany's surprise decision to restore border controls on Sunday had a swift domino effect, forcing neighbors to shut their own frontiers as...

>BEIJING/SHANGHAI Chinese authorities have seized up to 1 trillion yuan ($157 billion) from local governments who failed to use their budget allocations, sources said, as Beijing looks for ways to spend its way out of an economic slowdown.The exclusive Reuters report came after China's stocks fell following data suggesting...

>FRANKFURT Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.That would bring the group's workforce down to around 75,000 full-time positions under a reorganization being...

>Sales of Apple Inc's (AAPL.O) new iPhones are on pace to beat the 10 million units the previous versions logged in their first weekend last year, the company said on Monday, sending its shares up nearly 2 percent. Apple did not disclose the specific number of advance orders it...

>U.S. stocks were lower at the open on Monday as a weary market awaited this week's Federal Reserve meeting that will decide on an interest rate increase.Stocks are expected to remain volatile in the run-up to the policy meeting on Wednesday and Thursday. "The uncertainty is so high...

>SYDNEY Oil Search Ltd (OSH.AX) on Monday rebuffed an $8 billion takeover proposal from Australia's biggest energy company Woodside Petroleum Ltd (WPL.AX) as far too cheap, although it left the door open to higher offers. Woodside last week sought exclusive talks with the Papua New Guinea-focused oil and...

>NEW YORK Solera Holdings Inc, which provides technology services to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash.Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise application...

>Uber and its drivers do not meet the formal requirements to operate as a public transportation service, Jakarta police spokesman told Reuters on Monday. In a statement, Uber said it would take the issue up with the city's governor. (Reporting by Fransiska Nangoy; Editing by Miral Fahmy)...

>Toshiba on Monday reported an April-June operating loss of 10.96 billion yen ($91 million) compared with a 47.7 billion yen profit a year earlier. The announcement came a week after it reported a 37.8 billion yen net loss for the last financial year through March to reflect...

>With the hiring of Krafcik, currently the president of automotive pricing terminal Truecar Inc and a former CEO of Hyundai Motors America, Google is starting to look at the project as a potential and relevant business in the near future.Chris Urmson, who has been head of the self-driving car...

>At least two Mexicans were killed, Mexico's foreign ministry said in a statement. A joint force from the Egyptian police and military was chasing militants in the country's vast western desert, which borders Libya, when it inadvertently opened fire on the convoy.The convoy was made up of four four-wheel...

>GHAZNI, Afghanistan Taliban insurgents stormed a mud fort being used as a prison in Afghanistan on Monday, killing police and releasing more than 400 inmates, and then attacked troops rushing to help, officials said. The latest Taliban prison raid, on the outskirts of the central city of Ghazni, comes after...

>SYDNEY/SINGAPORE The dollar inched lower on Monday with investors sticking to the sidelines as the countdown begins on whether the Federal Reserve will hike interest rates for the first time in nearly a decade.The euro edged up 0.1 percent to $1.1350 EUR=, holding on to last week's...

>NEW YORK Chemical giant DuPont Monday will face the first trial in litigation from residents near one of its plants in West Virginia who have accused the company of sickening them by emitting a toxic chemical that leaked into their drinking water. Carla Marie Bartlett is among the approximately 3,500...