News Archive - 5 March 2016

>Xu Shaoshi, head of the National Development and Reform Commission (NDRC), told reporters at a briefing that "global economic uncertainty and instability still remains," and noted that he sees an increasing risk in fiscal and financial areas. China aims to keep its economy growing by at least 6.5 percent...

>Iran, along with Russia, has stood by Syrian President Bashar al-Assad in the five-year war, providing him with military and financial support, while Turkey is his most outspoken critic and has backed opposition forces. "We may have different views but we cannot change our history or our geography," Davutoglu said,...

>NEW YORK The bulls have gained the upper hand in the U.S. stock market in recent weeks and strategists are cautiously optimistic the rebound will continue.A lot is riding on whether economic data can continue to hold up, since upbeat reports in recent weeks have eased fears the...

>Xu Shaoshi, head of the National Development and Reform Commission (NDRC), told reporters at a briefing that economic growth will create more jobs and help offset the impact of capacity cuts. China aims to keep its economy growing by at least 6.5 percent over the next five years while...

>Her comments, made in an interview with the Bild am Sonntag newspaper, reflect growing unease among Germany's mainstream parties amid rising popular support for the right-wing AfD and its fierce opposition against Merkel's refugee policy.Merkel faces one of her toughest electoral tests in three regional elections on March 13.

>Martin Winterkorn, who resigned within a week of Volkswagen's (VW) biggest-ever corporate scandal becoming public on Sept. 18, briefed VW's executive board on Sept. 8 that the carmaker had admitted the use of "defeat devices" to U.S. authorities, the newspaper said.Participants in the Sept. 8 meeting included then-finance...

>A total of 2,659 attendees were surveyed, with Cruz snagging the first-place slot with 40 points, followed by rivals Marco Rubio with 30 points and Republican national front-runner Donald Trump with 15. The election will be held in November. (Reporting by Alana Wise; Editing by Matthew Lewis) This article was...

>JOINT BASE LEWIS-MCCHORD, Washington U.S. Defense Secretary Ash Carter said the National Guard's cyber squadrons will play an increasingly important role in assessing the vulnerabilities of U.S. industrial infrastructure and could be asked to join the fight against Islamic State.The National Guard - a reserve military force...

>Amazon.com Inc (AMZN.O) said it plans to restore an encryption feature on its Fire tablets after customers and privacy advocates criticized the company for quietly removing the security option when it released its latest operating system.“We will return the option for full-disk encryption with a Fire OS...

>Diego Dzodan, a Facebook vice president based in São Paulo, was arrested on Tuesday due to a dispute over law enforcement demands for data from the company’s encrypted WhatsApp messaging service for use in a secretive drug trafficking investigation.He was released on Wednesday after an appeals judge overturned a...

>SAN FRANCISCO Even as the Department of Justice battles Apple in court over access to encrypted data, the Obama administration remains split over backing requirements that tech manufacturers provide law enforcement with a "back door" into their products, according to a dozen people familiar with the internal debate.FBI Director...

>Without citing sources, it said the group is working on a plan to divide itself into standalone companies comprising its stake in South African lender Nedbank, (NEDJ.J), its UK-focused wealth unit, its emerging markets operation based in South Africa, and its institutional asset management business.Sky News said two...

>The FBI has been conducting background checks on Garland and Srinivasan, the Times said, citing a person with knowledge of the process. Scalia, a long-serving conservative justice, died on Feb. 13.Srinivasan, 49, has served on the U.S. Court of Appeals since he was confirmed on a 97-0 bipartisan...

>LONDON The U.S. Commerce Department is set to place restrictions on exports of U.S. products by Chinese telecoms equipment maker ZTE Corp (000063.SZ) for allegedly violating U.S. export controls related to Iran, according to documents seen by Reuters.The restrictions will take effect on Tuesday and...

>The Taliban, ousted from power in a U.S.-led military intervention in 2001, has been waging a violent insurgency to try to topple the Western-backed Afghan government and reestablish a fundamentalist Islamic regime.Following a meeting of the so-called Quadrilateral Coordination Group made up of representatives of the four...

>U.S. District Judge Charles Breyer last month turned up the heat on Volkswagen (VW) by setting a March 24 deadline to the carmaker to state whether it has found a fix that is acceptable to U.S. regulators.VW lawyer Robert Giuffra told Breyer at the Feb. 25 hearing...

>WASHINGTON Republican Donald Trump and Democrat Hillary Clinton each look to strengthen their front-runner status when five states hold presidential nominating races on Saturday, as Trump tries to weather a barrage of blistering attacks from his party's establishment.Trump, the controversial New York billionaire who has opened a substantial lead...

>The newspaper said John Longworth had told reporters on Thursday that Britain would be better off leaving the 28-member bloc, comments directly at odds with the majority of BCC members who want to stay in, according to its own research.The FT said that after an emergency board meeting on...

>"I see us beginning on March 10 when we will launch the process," said envoy Staffan de Mistura. "Some (participants) will arrive on the ninth. Others, because of difficulties with hotel reservations, will arrive on the 11th. Others will arrive on the 14th."The talks will be conducted indirectly, not...

>Manila will also deport the vessel's 21 North Korean crew and will await a U.N. inspection team from the United Nations, foreign ministry spokesman Charles Jose said in a text message. "In compliance with the United Nations resolution, the North Korean ship in Subic will be impounded and not...

>The decision also reflected Osborne's ambitions to succeed Prime Minister David Cameron, some reports said.Osborne, who is due to make his annual budget statement on March 16, has been considering reforms of the pension system which could raise revenues for his push to turn Britain's budget deficit into a...

>The talks, under the aegis of the United Nations were originally due to begin on March 7 in Geneva, but have been postponed until March 9, due to " logistical and technical reasons and also for the ceasefire to better settle down," the U.N. said."The two sides called...