News Archive - 26 September 2015

>The board of Telecom Italia on Friday mandated Chief Executive Marco Patuano to explore ways to extract value from Inwit.The indebted Italian telecoms incumbent in June listed 40 percent of Inwit on the Milan stock exchange and since then shares have risen 22 percent. A sale now could help...

>"I could well imagine that Aurubis and Salzgitter could one day become a single company," Heinz Joerg Fuhrmann told Euro am Sonntag newspaper.There would be industrial logic to such a move, such as the joint development of industrial processes in future, and there are precedents for "multi-metal companies," he...

>Cyber-security blogger Brian Krebs said in a post on Friday that Visa Inc had sent confidential alerts to financial organizations warning of a breach at a business between April 21 and July 27.Sources at five different banks have determined that the cards in the alert had all been used...

>SAN FRANCISCO Indian Prime Minister Narendra Modi has documented his push to bring U.S. investments and jobs back to India on his Facebook and Twitter pages since landing in the United States this week, posting photos with the likes of former New York City Mayor Michael Bloomberg and group...

>WASHINGTON President Barack Obama announced on Friday that he had reached a "common understanding" with Chinese President Xi Jinping on curbing economic cyber espionage, but threatened to impose U.S. sanctions on Chinese hackers who persist with cyber crimes. The two leaders also unveiled a deal to build on a...

>UNITED NATIONS U.S. Secretary of State John Kerry said he saw an opportunity for progress this week towards ending Syria's four-year civil war, as he met Iran's Foreign Minister Mohammad Javad Zarif on the sidelines of the U.N. General Assembly on Saturday.Western officials said Kerry wants to...

>NEW YORK/PHILADELPHIA Pope Francis flew over New York's Statue of Liberty and the former immigration station of Ellis Island aboard a helicopter on Saturday, in an unscheduled detour that gave him nostalgia for his home town Buenos Aires.Flying to JFK International Airport to take a plane to Philadelphia, the...

>DUBAI The death toll in a crush at the annual haj pilgrimage outside Mecca rose to 769, Saudi Arabia said on Saturday, as arch-rival Iran said Saudi officials should be tried in an international court for what it called a crime.The worst disaster to befall the Islamic event in...

>"Brazil today has sufficient enough reserves to not have any problem, any disruption due to the dollar," Rousseff said in an interview broadcast on Brazilian cable news network GloboNews. With the economy in recession, inflation above 9 percent, a sharp deterioration in government finances, and one ratings agency lowering Brazil's...