News Archive - 4 October 2015

>The Foreign Ministry summoned Moscow's ambassador to protest the violation, according to an e-mailed statement. Turkey urged Russia to avoid repeating such a violation, or it would be held "responsible for any undesired incident that may occur." Foreign Minister Feridun Sinirlioglu spoke with his Russian counterpart Sergei Lavrov, as...

>MANCHESTER, New Hampshire U.S. Democratic presidential candidate Hillary Clinton will outline specific steps she would take to curb gun violence if elected during scheduled campaign stops in New Hampshire on Monday. Clinton spoke out forcefully in favor of new gun control measures after a shooting last week on the...

>SEOUL Crude prices edged up on Monday after Russia said it was prepared to meet other producers to discuss the situation in the global oil market, while a report showed a fifth weekly decline in the U.S. oil rig count.Brent LCOc1 climbed 17 cents to $48.30 a...

>ATHENS Greece will unveil a painful 2016 draft budget on Monday meant to satisfy international creditors, projecting the economy will stay in recession next year before returning to growth in 2017, in line with the estimates by the country's lenders. After seven months of heated negotiations with its EU/IMF creditors,...

>TOKYO The dollar nursed losses on Monday, edging away from a nearly two-week low against a basket of currencies marked in the previous session after weak U.S. jobs data led traders to pare bets that the Federal Reserve was poised to hike interest rates as early as this month.

>In a Reuters interview, Rosengren said the slowdown in hiring last month effectively heightens his sensitivity to the economy's performance the rest of the year. If it grows at less than a 2-percent pace, or if unemployment rises from 5.1 percent now, he would probably prefer to wait until...

>Bernanke told USA Today that the U.S. Justice Department and other law enforcement agencies focused on investigating or indicting financial firms."But it would have been my preference to have more investigation of individual action, since obviously everything that went wrong or was illegal was done by some individual,...

>Kim will lobby members to boost capital for the International Bank for Reconstruction and Development during an annual meeting to be held in Peru this week, said the FT.The report, which cited the bank's needs for more resources after an agreement last month on the Sustainable Development Goals, a...

>NEW YORK Carly Fiorina has emerged as the Republican candidate of the moment in conservative fundraising circles, drawing the notice of the billionaire Koch brothers and other wealthy donors who could instantly remake her shoestring presidential campaign.Fiorina's show-stealing performance in a Republican presidential debate last month, and her subsequent...

>BERLIN Germany needs to limit the number of refugees it takes in or even close its borders, conservative allies of German Chancellor Angela Merkel said at the weekend, as the country deals with record inflows of people fleeing from war and poverty.Around 800,000 migrants are expected to arrive in...

>Europe's biggest carmaker faces the worst business crisis in its 78-year history after it admitted cheating diesel emissions tests in the United States, with 11 million vehicles affected worldwide.As well as appointing Poetsch, the board meeting on Wednesday will discuss the latest findings of VW's internal investigation which has...

>Representative Kevin McCarthy, currently the House majority leader, remains the favorite for the speaker position. But many conservatives have reservations about McCarthy and say he does not have enough votes to win.Representative Daniel Webster, former speaker of Florida's House of Representatives, has also challenged McCarthy for House of Representatives...

>Trump mentioned the countries in comparison to current efforts to drive Syrian President Bashar al-Assad out of power."You can make the case, if you look at Libya, look at what we did there, it's a mess," Trump said on NBC. "If you look at Saddam Hussein with Iraq, look...

>The infant, believed to be a boy aged between six months and one year old, dressed in green trousers and a white t-shirt, was discovered near a seaside hotel, a coast guard official said.The coast guard did not give the baby's nationality. Thousands of refugees - mostly from Syria,...

>ATLANTA A dozen Pacific nations closed in on a sweeping free trade pact on Sunday in Atlanta after a breakthrough over how long a monopoly pharmaceutical companies should be given on new biotech drugs.The issue has pitted the United States, which has argued for longer protections, against Australia and...

>DETROIT/CHICAGO Mounting discontent among the United Auto Workers rank and file will complicate its leaders' bid to recover from the defeat of a proposed labor agreement with No. 3 U.S. automaker Fiat Chrysler Automobiles NV, UAW members said Friday.UAW President Dennis Williams and its vice president for Fiat...

>Clinton, playing Val, served McKinnon-as-Clinton and sparred with the gay comic about Clinton's record on supporting gay marriage. The Democratic presidential candidate also took shots at Republican contender Donald Trump, deepening her voice in imitation of one of his pointed pronouncements.McKinnon also told bartender Clinton she was "really easy...

>WASHINGTON The nine justices of the U.S. Supreme Court are set to wade into contentious social matters in their new term beginning on Monday including affirmative action, union powers and voting rights, and could add major cases involving abortion and birth control.The court's work on those hot-button issues...

>VATICAN CITY Pope Francis on Sunday reaffirmed Catholic opposition to gay marriage as he opened a three-week gathering of bishops from around the world but said the Church had to show love and understanding towards all.Francis presided at a solemn Mass in St. Peter's Basilica to open the meeting,...

>"I believe the reputation of the German economy and the trust in the German economy has not been shaken by this to the extent that we are no longer considered a good business location," she told Deutschlandfunk, according to the text of an interview due to be broadcast later on...