News Archive - 16 July 2016

>ISTANBUL Turkey's foreign minister said on Saturday he had made clear in a call with U.S. counterpart John Kerry that followers of U.S.-based cleric Fethullah Gulen were behind a coup attempt, but had not directly discussed the cleric's possible extradition.A faction of the armed forces, deemed...

>It cited issues such as overcapacity in China's coal and steel sectors as well as some declining agricultural prices as taking a toll on salaries.Maintaining the relationship between the pace of growth and that of wage increases is a challenge requiring "close attention", Wang Pingping, head of the National...

>The two leaders had spoken on Saturday to discuss their priorities after May took office on Wednesday and Turnbull retained power a week ago in a national election. Turnbull had congratulated May, her office said in a statement, and "expressed a desire to strike a free trade deal as soon...

>NEW YORK WeWork Companies Inc, a closely held operator of shared office space, has sued a former employee for unauthorized disclosure of information to Bloomberg News that showed the firm, which is valued at $16 billion, falling short of its financial goals.In a complaint filed late on Friday with...

>Turkey's leading budget carrier had been scheduled to take delivery of the first revamped A320neo powered by CFM engines on July 19."Due to the terrible and unforeseen circumstances in Turkey, we came to a mutual decision with the Pegasus management to postpone the delivery ceremony ‎for the first CFM-powered...

>In 1990, during a close and bitter congressional race, Mike Pence came under attack for using campaign funds to pay for personal expenses, including his mortgage and credit card bills.The expenditures were not illegal at the time, but proved difficult to explain for a candidate who had railed about...

>CLEVELAND In an age of social media and sound bites, advocacy groups in Cleveland have turned to the old-fashioned medium of billboards to display messages during the Republican National Convention, from the serious to the ridiculous and shocking.Among them is an artist's fanciful rendering of Donald Trump about to...

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>NEW YORK Presumptive Republican presidential nominee Donald Trump introduced Indiana Governor Mike Pence as his vice presidential running mate on Saturday, describing him as a job creator and budget balancer who will help unify the party."Indiana Governor Mike Pence was my first choice, I've admired the work he's done,...

>PARIS As authorities investigate the motives for a mass killing claimed by Islamic State in Nice late Thursday, analysts say the case appears to highlight a shift in the profile of those launching attacks in the name of hardline Islamist groups. Mohamed Lahouaiej Bouhlel, who killed at least 84 people...

>Allianz would like to strengthen its footprint in Spain and France, Wemmer told the German paper in an interview, adding that there were no obvious takeover targets currently available. In addition to seeking takeovers, Allianz wants to improve its combined ratio, which is expected to remain flat this year, Wemmer...

>Speaking at an Asia-Europe summit, Li said various security challenges - conventional and unconventional - remain prominent even though those regions had remained generally stable and peaceful. "Acts of terrorism are common challenges faced by every nation. Countries should work more closely to fight terrorism, and build societies that are...

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>ULAANBAATAR A key summit between Asian and European leaders in Mongolia ended on Saturday without direct mention of the South China Sea dispute in its closing statement, with diplomats describing intense discord over the issue between Europe and Asia.China has refused to recognize Tuesday's ruling by an arbitration court...

>French authorities were still trying to determine whether the 31-year old Tunisian driver of the vehicle had acted alone or with accomplices, and whether his motives were connected to radical Islam. The arrests concerned the attacker's "close entourage", the sources said, and were made in two different areas of Nice.

>Residential land prices in 105 cities surveyed gained 1.95 percent in April-June from the previous quarter, which saw a 1.27 percent increase from October-December, according to the ministry's China Urban Land Price Dynamic Monitor. The recovery in China's property market since late last year has been a rare...