News Archive - 24 April 2016

>SINGAPORE Oil prices fell over 1 percent on Monday as traders took profits after three weeks of gains and as a jump in the dollar late last week was priced into fuel markets.Front-month Brent crude was trading at $44.61 per barrel at 0332 GMT, down 50 cents, or...

>Montreal Reports that Bombardier Inc (BBDb.TO) is involved in launching an airline in Iran are inaccurate, the Canadian planemaker said on Sunday, although it confirmed it was in talks for sales as its executive chairman visited the country to drum up business.Bombardier Executive Chairman Pierre Beaudoin led a...

>BEIJING/DETROIT Tomorrow's cars will be all-electric, self-driving, connected to high-speed communications networks ... and free.And probably Chinese.That, at least, is the vision of Jia Yueting, a billionaire entrepreneur and one of a new breed of Chinese who see their technology expertise re-engineering the automobile industry, and usurping Tesla Motors,...

>TOKYO The yen languished near a three-week low on expectations the Bank of Japan could start lending to banks at negative rates, while sterling hit a five-week high on hopes for rise in support for Britain staying in Europe.The yen JPY= fell to as low as 111.90 in...

>TOKYO Asian shares and the dollar edged lower on Monday as investors awaited central bank meetings in the United States and Japan this week that are expected to hold clues to future policy moves.MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.2 percent in early...

>JERUSALEM A British-Israeli start-up plans to sell a mobile phone from next month that will offer users unprecedented levels of technology and security -- and retail for close to $20,000.Sirin Labs AG said on Monday it had raised $72 million in private funds to launch the device, which would...

>The deployment will come on top of 50 special operations forces whom Obama deployed to Syria last year, two U.S. officials said. One official said the announcement would come in a speech Obama plans to give in Hanover, Germany, on Monday.The decision, first reported by the Wall Street...

>Meirelles and Temer met in Brasilia on Saturday, Folha said without disclosing the source of its information. Meirelles told Folha in a separate interview he had agreed to advise Temer but had not been invited to join a potential cabinet.A spokesman for Temer said the Folha story was speculative.

>WASHINGTON The White House will likely make a decision by June on whether it will release some classified material withheld from the public 9/11 Commission Report, a former U.S. senator who co-chaired the congressional inquiry into the attacks said on Sunday.The withheld section of the official report on...

>Volkswagen's (VW) powerful labor leaders earlier this month accused brand chief executive Herbert Diess of betraying workers and trying to use the diesel emissions scandal as a pretext for job cuts.Management and labor leaders have since pledged to jointly map out a strategy and agree "mandatory packages" to secure...

>The world's biggest prescription drugmaker started building up the stake - worth 33 percent of Roche's voting shares - as a basis for a possible merger more than a decade ago, but the plan never materialized.Novartis plans to sell the stake in a so-called order book process, having banks...

>Republican Donald Trump's more presidential style on the campaign trail is not a signal that he will retreat on core policies such as his pledge build a wall on the Mexican border, his top adviser said on Sunday.Senior Trump aide Paul Manafort dismissed accusations by rival Republican Ted Cruz...

>ADEN Warplanes pounded the al Qaeda-held port city of Mukalla on Sunday and killed 30 militants, residents said, as a Gulf Arab military coalition ramped up an offensive to wrest swathes of southern Yemen from the fighters' grip.In the past year, Al Qaeda gradually took control of an almost...

>WASHINGTON Former Virginia Governor Robert McDonnell contends that if the Supreme Court agrees with prosecutors' broad view of bribery law and allows his corruption convictions to stand, it would make a politician's ordinary interactions with donors a crime and upend the U.S. political process.The eight justices will hear...

>HOLLYWOOD, Fla. Reince Priebus, the unassuming head of the Republican National Committee, often plays the piano late at night, sometimes with a glass of wine nearby.Tickling the ivories is a lifelong passion for Priebus and he has been doing it "more than usual" lately, he told Reuters in an...

>IDOMENI, Greece After weeks stranded at a closed border in northern Greece, migrants and refugees are seeking out new, irregular routes to get into Macedonia, clambering through forests and over hills under the cover of darkness.As dusk fell on Saturday evening, a Reuters witness saw a group of up...

>The Japanese automaker is under investigation by the transport ministry after saying last week that it overstated the fuel economy of four of its minivehicle models made for the local market, including ones produced for Nissan Motor Co Ltd (7201.T).Mitsubishi is scheduled to announce its financial results for...

>NEW YORK/SAN FRANCISCO U.S. Federal Reserve policymakers are expected to hold interest rates steady when they meet this week, but may tweak their description of the economic outlook to reflect more benign conditions, leaving the path open for future rate rises. The Fed raised its policy interest rate last...

>Violence in Tuz Khurmatu, about 175 km (110 miles) north of the capital, has become a near monthly occurrence between the armed groups, uncomfortable allies against Islamic State since driving the jihadist militants out of towns and villages in the area in 2014.A small explosion just before midnight near...

>The source, who is familiar with the matter, indicated Tsunakawa was a top candidate, saying the successor would be likely be one of three senior executive vice presidents, and noting that he was not embroiled in the accounting scandal.A company committee is expected to make a final decision after...