News Archive - 26 December 2015
Evacuation of Damascus militants delayed after rebel leader killed
>BEIRUT A U.N.-brokered deal to evacuate more than 2,000 Islamic State fighters and other militants from rebel-held suburbs of Damascus on Saturday has been delayed after the killing of an insurgent leader, an organization that monitors the Syrian war said.The United Nations said it aimed to convene...
China November industrial profits fall 1.4 percent year-on-year
>Profits declined 1.9 percent in the first 11 months of the year compared with the same period a year earlier, the National Bureau of Statistics said on its website. Profits fell 4.6 percent in October from a year earlier. (Reporting by Winni Zhou and Norihiko Shirouzu; Editing by...
In an M&A boom year, deals-driven hedge funds are burned by bad bets
>NEW YORK This year, betting on corporate takeovers and restructurings should have been a sure thing for investors as the value of deals soared to record levels. It didn't work out that way.Hedge funds that look to profit when companies are acquired or do other major corporate maneuvers dropped...
Austrian police say European capitals have been warned of possible attack
>"Several possible names of potential attackers were mentioned, which were checked, and the investigation based on (these checks) has so far yielded no concrete results," Vienna police said in a statement, some six weeks after 130 people were killed in Islamist bombing and shooting attacks in Paris."In the days...
Financial sector key to final week of trading
>NEW YORK As 2015 draws to a close next week, the fortunes of the last few trading days of the year may be dictated by the direction of the financial sector. The financials have risen more than 6 percent this quarter, with investors expecting the sector to be one of...
U.S.-backed alliance captures key dam from Islamic State: alliance spokesman
>Colonel Talal Selo said the seizure of the dam helps isolate the militants' strongholds in northern Aleppo from their territories east of the Euphrates river, where Raqqa city, their de facto capital, is located.Selo said the rapid advance overnight by thousands of troops from the Democratic Forces of Syria...
Japan says armed Chinese vessel enters Japan waters
>The vessel was one of three that appeared in the waters off the disputed Senkaku Islands, known in China as the Diaoyus, shortly after 9:30 a.m. (0030 GMT) and left Japanese-claimed waters about 70 minutes later, a Japan coastguard spokeswoman said.The vessel had first been sighted in the...
Skirting booby traps, Iraqi troops close in on Islamic State redoubt in Ramadi
>BAGHDAD Iraqi troops have pushed deeper into the heart of the last remaining district held by Islamic State in the city of Ramadi, despite being slowed by bombs and booby traps, army spokesmen said on Saturday.Recapturing Ramadi, which fell to the militants in May, would be one of the...
German business leaders fear nationalism, refugee crisis will destroy EU
>The arrival of hundreds of thousands of people fleeing war and poverty in countries such as Syria and Iraq in Europe this year has frayed ties between European nations that were already strained by the euro zone financial crisis.Added to that, rising nationalism could endanger Europe's wealth, economic success...
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