News Archive - 7 May 2016

>HONG KONG As China's richest man Wang Jianlin prepares to delist his main commercial real estate company from Hong Kong, bankers expect more Chinese businesses to head back home, irked by the deep discount for shares listed on the territory's stock exchange.Hong Kong has been the most popular location...

>SAN FRANCISCO A number of young technology security companies are losing access to the largest collection of industry analysis of computer viruses, a setback industry experts say will increase exposure to hackers.The policy change at the information-sharing pioneer VirusTotal takes aim mainly at a new generation of security companies,...

>"We are planning to start UberX in Berlin in June," weekly Welt am Sonntag quoted Freese as saying in an interview published on Sunday.A German court last year banned San Francisco-based Uber from running services using unlicensed cab drivers and set stiff fines for any violations of local transport...

>The O Globo newspaper, citing leaked testimony given to federal investigators by Monica Moura, the wife of Rousseff's campaign chief Joao Santana, earlier reported that JBS paid the Rousseff campaign's debt to Focal, a Sao Paulo-based visual communications firm.The report did not say how much money JBS allegedly paid...

>The North will faithfully fulfill its obligation for nuclear non-proliferation and strive for ending nuclear buildup in the world, Kim said in a report to a congress of its ruling Workers' Party (WPK) which opened on Friday, KCNA news agency said.The first congress in 36 years began with much...

>WASHINGTON President Barack Obama said in a commencement speech on Saturday that U.S. race relations have improved over the last three decades, but that significant work still needs to be done."I tell you this not to lull you into complacency, but to spur you into action because there's...

>A gunman attempted to shoot Can Dundar, editor-in-chief of the secular Cumhuriyet newspaper, on Friday, hours before he was sentenced by the court to more than five years in jail for revealing state secrets.The attacker shouted "traitor" before firing at least two shots in quick succession. Dundar was unharmed...

>LAC LA BICHE, Alberta Fire-ravaged Alberta will use drones to investigate the cause of a huge blaze that has scorched the Canadian province and displaced some 88,000 people.Elevated Robotic Services, which has also deployed drones for mining and construction companies, has contracts with the Alberta government and insurance broker...

>The EU has asked member states to grant visa-free travel to Turks in return for Ankara stopping migrants from reaching Europe, but said Turkey still had to change some legislation, including bringing its terrorism laws in line with EU standards.The migrant deal between Brussels and Ankara was negotiated by...

>LAC LA BICHE, Alberta A raging Canadian wildfire grew explosively on Saturday as hot, dry winds pushed the blaze across the energy heartland of Alberta and smoke forced the shut down of a major oil sands project.The fire that has already prompted the evacuation of 88,000 people from the...

>ATHENS Greece is applying reforms to meet bailout pledges but extra contingency measures demanded by the IMF are impossible to legislate, its finance minister said in a leaked letter to euro zone finance ministers before Monday's Eurogroup meeting.The euro zone's 19 finance ministers will gather in Brussels on May...

>RIYADH Saudi Arabia's King Salman on Saturday replaced his veteran oil minister and restructured some big ministries in a major reshuffle apparently intended to support a wide-ranging economic reform programme unveiled last week.The most eye-catching move was the creation of a new Energy, Industry and Natural Resources Ministry under...

>DUBAI/KHOBAR, Saudi Arabia Saudi Arabia, the world's largest crude oil exporter, on Saturday appointed Khalid al-Falih, chairman of the state oil giant Saudi Aramco, as its new energy minister, replacing Ali al-Naimi, who had held the post since 1995.The change is unlikely to mean a shift in Saudi oil...