News Archive - 2 April 2016

Iran seeks $2.5 billion to modernize its oil tankers

>Iran emerged from years of economic isolation after crippling sanctions were lifted in January in return for Tehran complying with steps to curb its nuclear ambitions.Reuters reported last month that two Chinese firms were pushing for multi-billion dollar deals with Iran to modernize its shipping fleet and build a...

Clinton, Sanders audition for role as anti-Trump candidate

>MILWAUKEE Democratic presidential candidates Hillary Clinton and Bernie Sanders are tussling in Wisconsin over who would best represent the Democratic Party against Republican front-runner Donald Trump.The competition was in full force on Saturday night at the Wisconsin Democratic Party's "Founders Day Gala," a chance for both Cliinton and Sanders...

FBI trick for breaking into iPhone likely to leak, limiting its use

>SAN FRANCISCO The FBI's method for breaking into a locked iPhone 5c is unlikely to stay secret for long, according to senior Apple Inc engineers and outside experts.Once it is exposed, Apple should be able to plug the encryption hole, comforting iPhone users worried that losing physical possession of...

Trump bashes U.S.-Saudi Arabia relations, slams NATO allies

>MILWAUKEE Republican presidential front-runner Donald Trump on Saturday questioned the United States' protective relationship with Saudi Arabia and again accused U.S. allies of not pulling their weight in the NATO military alliance despite mounting bipartisan pressure on Trump to soften his tone. The billionaire businessman told a campaign rally...

Guards killed in attack on Libyan oil field by suspected IS militants: spokesman

>Ali al-Hassi said guards had repelled the attack on Bayda field, about 250 km (155 miles) south of the major oil terminals of Es Sider and Ras Lanuf. A security official from the nearby town of Maradah said the militants were in a convoy of about 10 vehicles.Militants loyal...

Alaska Air nears deal to buy Virgin America for over $2 billion: source

>A deal could be announced as early as Monday, the source told Reuters.Earlier, The Wall Street Journal said Alaska Air had emerged as the likely winner of an auction for Virgin America, citing people familiar with the matter.Alaska Air is expected to pay upwards of $2 billion for...

Nusra Front, Syrian rebels attack government forces near Aleppo, gain ground

>The Britain-based Syrian Observatory for Human Rights said the offensive began on Friday, and Syrian government and allied forces were fighting to take back control of the territory and repel further attacks.A fragile "cessation of hostilities" truce has held in Syria for over a month as the various parties...

Islamic State planted thousands of mines in Palmyra: Syrian army

>PALMYRA, Syria Islamic State militants retreating from Palmyra laid thousands of mines that they planned to set off simultaneously as the army moved in, a Syrian officer told Reuters in the ancient city after its recapture from the jihadist fighters.The officer said main streets and side roads in Palmyra...

Libyan oil firm NOC working with unity government, hopeful for recovery

>TRIPOLI Libya's National Oil Corporation said on Saturday it was working with the U.N.-backed unity government, which arrived in Tripoli this week, to coordinate future oil sales and "put a period of divisions and rivalry behind us".NOC Chairman Mustafa Sanalla also welcomed the U.N. Security Council's...

Salah Abdeslam refused to blow himself up, brother says: BFM TV

>Abdeslam, who will be extradited to France, has renewed an offer to cooperate with French authorities investigating the Nov. 13 attacks that killed 130 people, his lawyer said this week."There would have been more victims had I done it," Salah Abdeslam told his brother. "Luckily, I couldn't go through...

Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

>Tai was speaking at a news conference in Sakai, near Sharp's headquarters, along with Foxconn Chief Executive Terry Gou and Sharp President Kozo Takahashi, following the formal signing of Foxconn's takeover of the loss-making Japanese display maker.After a month of wrangling over price, Foxconn, formally known as Hon Hai...

FBI assures it will help authorities unlock devices when allowed by law

>The FBI said in a letter to local authorities that it understands the challenges they face and that they lack necessary tools to monitor and investigate the communications of suspects who use encrypted mobile devices, according to the correspondence obtained by Reuters on Friday. "As has been our longstanding policy,...