News Archive - 6 March 2016
The Latest: Erdogan says Syrian cease-fire works...
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Apple users targeted in first known Mac ransomware campaign
>BOSTON Apple Inc (AAPL.O) customers were targeted by hackers over the weekend in the first campaign against Macintosh computers using a pernicious type of software known as ransomware, researchers with Palo Alto Networks Inc (PANW.N) told Reuters on Sunday.Ransomware, one of the fastest-growing types of cyber threats,...
Iraq PM Abadi secures Shi'ite support for cabinet change plan: state TV
>The broadcaster cited a statement issued by the National Alliance, a loose gathering of Shi'ite groups that controls the majority of seats in parliament, after a meeting with Abadi in the Shiite holy city of Kerbala, south of Baghdad. The other blocs in parliament mainly represent the Sunni and Kurdish...
Fourteen dead and dozens injured in 'terror' attack in Aleppo city: Syrian state tv
>The mortars that were fired from rebel-held parts of Aleppo city hit Sheikh Maqsoud, state run Ikhbariyah television station said in a news flash. The residential area is a mainly Kurdish inhabited quarter of the city that has been for weeks a frontline with heavy clashes between the Syrian Kurdish...
Telecom Italia CEO says was never asked to sell Brazil business: paper
>Patuano held a strategy meeting in Paris with Vivendi executives last week, fuelling market speculation that the French group led by business tycoon Vincent Bollore might force change with or without the current CEO. Media reports have said Vivendi was growing impatient with Patuano and had been sounding out potential...
U.S. builds two air bases in Kurdish-controlled north Syria: Kurdish report
>The Erbil-based news website BasNews, quoting a military source in the Kurdish-backed Syria Democratic Forces (SDF), said most of the work on a runway in the oil town of Rmeilan in Hasaka was complete while a new air base southeast of Kobani, straddling the Turkish border, was being constructed.The...
Afghans feel forgotten in Europe's migrant crisis
>CESME, Turkey As the European Union and Turkey focus on stemming the flow of Syrian refugees attempting perilous journeys across the Aegean sea to Greece, another migrant community whose numbers are also swelling says it is being overlooked.Largely denied the chance for legal resettlement in Europe and struggling to...
Germany's economic engine throttles back over 'what if' uncertainties
>BERLIN Nervousness among buyers of German goods around the world - often over problems that have yet to materialize - is forcing some of the nation's small- and mid-sized manufacturers to postpone investments, and threatening to stunt economic growth.These largely family-owned companies of the "Mittelstand", the backbone of German...
Faith in central banks' healing powers faltering: BIS
>LONDON Financial markets' shaky start to the year shows they are losing faith in the "healing powers" of central banks, the Bank for International Settlements (BIS) said on Sunday while voicing concerns over sub-zero interest rates and emerging economies.The Swiss-based organization, which fosters cooperation between central banks in the...
Lenders team may return to Athens in coming week as differences narrow
>The lenders need to assess if Greece has delivered on the reforms it promised as part of the third bailout agreement, signed with them last August, in exchange for cheap loans.The review of the reforms, started in late January, stalled in early February over details of the politically very...
Flint becomes U.S. Democratic flash point, but residents want action
>FLINT, Mich. The Flint water crisis has united Democrats Hillary Clinton and Bernie Sanders in outrage, but some residents suffering through the city's major public health scandal want more than talking points from the presidential contenders.As Flint becomes the focal point of the Michigan primary battle when it hosts...
With two wins, Cruz stakes claim as Trump's main Republican rival
>The wins for Trump and Cruz on Saturday were a setback for a Republican establishment that has largely lined up behind Marco Rubio, a U.S. senator who was shut out in the four contests."I think it's time that he dropped out of the race," Trump said of Rubio...
Daimler CEO says digital mapping consortium in expansion talks
>ESTORIL, Portugal Daimler's Chief Executive (DAIGn.DE) told Reuters that a German auto maker consortium which controls the HERE digital mapping business is in talks with potential new members.In August last year, German carmakers BMW (BMWG.DE), Audi (VOWG_p.DE) and Mercedes (DAIGn.DE), agreed to pay 2.5...
Islamic State truck bomb kills at least 60 people south of Baghdad
>Responsibility was claimed in a posting on the website of the Amaq news agency, which supports the ultra-hardline Sunni group."A martyr's operation with a truck bomb hit the Babylon Ruins checkpoint at the entrance of the city of Hilla, killing and wounding dozens," the statement on the Amaq website...
Nigeria's president rejects IMF calls to lift FX curbs, end naira freeze
>"No," he told pan-Arab Al Jazeera television in an interviews posted on the station's website, when asked whether he would consider ending the fixed naira rate to the dollar and devalue the currency.He said hard currency curbs were necessary as Africa's top oil producer could no longer afford to...
Germany's Schaeuble says Brexit would be economic 'poison'
>LONDON A British vote to leave the European Union would damage the British, European and global economies, German Finance Minister Wolfgang Schaeuble said in an interview with the BBC.A British exit following a June 23 membership referendum would rock the EU by ripping away its second-largest economy and its...
Exclusive: Jefferies restructures junk debt business, bankers leave - sources
>NEW YORK Jefferies Group LLC will merge its junk-rated loans and bonds business with the junk debt unit of its joint venture with MassMutual Financial Group, according to people familiar with the matter, in the biggest reorganization by a U.S. investment bank since the leveraged finance markets seized up...
Austria to shun refugee quota system: minister in paper
>The comments by Social Democrat Hans Peter Doskozil to the Oesterreich newspaper threaten to make even more complicated an emergency EU summit with Turkey on Monday on handling the worst refugee crisis in generations.Austria - the last stop before Germany, the top destination for migrants fleeing war and poverty...
China warns Hong Kong not to politicize issues
>BEIJING China's third-ranked Communist Party leader Zhang Dejiang said Hong Kong shouldn't "politicize everything" and should instead focus on integrating its economy with China's, according to members of China's parliament who met with him on Sunday. A day after Premier Li Keqiang pledged greater economic support for Hong Kong at...
German vice chancellor says Trump poses threat to peace and prosperity
>The comments by Gabriel, economy minister and leader of the Social Democrats, are the clearest sign yet that ruling politicians in Europe are increasingly worried about the outcome of the U.S. presidential elections."Whether Donald Trump, Marine le Pen or Geert Wilders - all these right-wing populists are not...
China says will keep yuan basically stable against basket of currencies
>China also will keep foreign exchange reserves at appropriate levels, Yi said. (Reporting by Kevin Yao; Editing by Kim Coghill)...
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