News Archive - 20 July 2016

The Q2 JCPOA Implementation Report delivered by the Ministry of Foreign Affairs to Majles, the parliament, on July 15, 2016, contains a section titled “Non-JCPOA Sanctions”. This section addresses constraints which have stopped Iran’s expectations from the nuclear deal from materializing. Such constraints include the so-called primary sanctions, non-nuclear sanctions related...

When the reformist-moderate coalition’s list of parliamentary hopefuls, dubbed the “List of Hope”, swept all the chairs available for the capital in the parliamentary election held four months ago, few would believe the Hope caucus would lose nearly all the important posts in Majlis after winning two deputy speakerships,...

>WASHINGTON The United States on Wednesday blacklisted three members of al Qaeda living in Iran, saying they had helped the Islamist militant group on the battlefield, with finance and logistics, and in mediating with Iranian authorities.Iran has held several al Qaeda high-ranking members and lower-level militants since the Sept.

>CLEVELAND Ted Cruz was recounting to an audience how he had outlasted most of his 16 rivals for the Republican presidential nomination when a plane carrying the man who had won it all, Donald Trump, flew overhead, interrupting him mid-speech."All right, that was pretty well-orchestrated," said Cruz, a Republican...

>The country's National Center for Incident Readiness and Strategy for Cybersecurity (NISC) issued nine instructions to users of the mobile game, ranging from advising them not to use their real names to warning gamers over fake apps.It is rare for NISC to issue an advisory over specific games, but...

>BEIJING China's economic growth is expected to cool to 6.5 percent this year - the low end of Beijing's target range - even as the government steps up spending and the central bank loosens policy further to prevent a sharper slowdown, a Reuters poll showed.Persistent pressure on the...

>CLEVELAND Republican presidential nominee Donald Trump, who gained popularity partly by bashing wealthy donors and vowing to fund his own campaign, raised nearly as much money in June as Democratic rival Hillary Clinton, according to federal reports filed on Wednesday.In the first month in which the Trump campaign’s fundraising...

>The Brazilian logistics firm is using mobile technology to connect companies that need freight services to more than 100,000 independent truck drivers. CargoX began to operate last March and expects 50 million reais ($15.4 million) in revenue in the first year.CargoX's chief executive, Federico Vega, a former JPMorgan...

>The stock jumped as much as 7.4 percent to 3,775 yen, its highest since 2001. It gained 5.3 percent and 9.8 percent on Tuesday and Wednesday, respectively, on a media report that the fast-food chain would become the game's first sponsor. (This version of the story corrects...

>SAN FRANCISCO/WASHINGTON The top U.S. auto safety regulator said the government will not abandon efforts to speed the development of self-driving cars, despite a fatal accident involving a Tesla Model S operating on an autopilot system.National Highway Traffic Safety Administration chief Mark Rosekind said at a conference Wednesday...

>WASHINGTON The battlefield momentum in Iraq and Syria has shifted against Islamic State, U.S. Secretary of State John Kerry said on Wednesday, but the international community must now also confront the challenge of stabilizing newly liberated areas."The momentum has shifted," Kerry told an international conference to raise funds...

>TOKYO Crude oil prices edged up in early Asian trading on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks but a surprise build in gasoline supplies.U.S. West Texas Intermediate crude for September delivery, the new front month contract from Thursday,...

>TOKYO Investors betting the Bank of Japan will ease monetary policy next week could be riding for a fall, as the yen's recent weakening and a government spending package take some pressure off the bank to step up its massive stimulus program.Market speculation of further easing spiked last week...

>The deal, which has not been finalized and could still fall through should negotiations falter at the last minute, may be announced as early as Thursday, when both F.N.B. and Yadkin are scheduled to announce their second-quarter earnings, the people said. The terms of the deal could not...

>ExxonMobil this week trumped an offer for InterOil from Oil Search, which was backed by Total SA (TOTF.PA), in a move that could lead to the U.S. and French giants tying together their competing gas export projects in the South Pacific nation.Oil Search said it made sense...

>CLEVELAND Republican presidential candidate Donald Trump is considering nominating Oklahoma oil and gas mogul Harold Hamm as energy secretary if elected to the White House on Nov. 8, according to four sources close to Trump's campaign.The chief executive of Continental Resources (CLR.N) would be the first U.S.

>CLEVELAND After a couple of awkward joint appearances, U.S. Republican presidential nominee Donald Trump and his running mate, Indiana Governor Mike Pence, will make a show of their solidarity at the Republican National Convention on Wednesday despite a string of policy differences.Pence, the keynote speaker on the third...

>Yonhap, citing unnamed sources, said the Korea Fair Trade Commission conducted the inspection last week and was probing whether Google forced smartphone makers using Android on its devices to not sell products using other operating systems. Regulators began looking into the matter after the European Union brought charges against Google...

>TOKYO Confidence at Japanese manufacturers held steady in July but was expected to worsen to zero in the next three months, a Reuters poll found, as Britain's vote to exit the European Union further clouded the outlook for Japan's export-reliant economy.The Reuters Tankan, which tracks the Bank of Japan's...

>Crude gained as much as 1 percent on Wednesday, after U.S. inventory data alleviated some fears of supply glut, though gave up some its gains in early Asian trade. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up 0.1 percent, nudging back toward last week's nine-month...

>FRANKFURT The European Central Bank is all but certain to keep rates firmly on hold on Thursday but will have to address an ever growing list of obstacles that threaten once again to derail its efforts to revive growth and inflation. Italy's bank troubles, Britain's decision to leave the European...

>EBay shares were up 6.5 percent after the bell on Wednesday after the company's board also authorized an additional $2.5 billion stock buyback program.The company, which spun off PayPal last July, has tackled slowing growth by focusing on small business sellers, while offering a bigger selection of...

>Shares of the company, which also posted a better-than-expected third-quarter profit, rose 5.5 percent in extended trading on Wednesday.The company said it expected to earn $1.05 to $1.15 per share in the fourth quarter, compared with analysts' average estimate of $1.08, according to Thomson Reuters...

>Shares of the world's largest chipmaker fell nearly 3 percent in after-hours trading.Sales from Intel's traditional PC business, which also includes chips for mobile phones and tablets, declined 3 percent to $7.3 billion in the second quarter.In contrast, global PC shipments fell less than expected in the...

>An MSF ship patrolling the Mediterranean came across two dinghies in distress and rescued 209 people, including 50 children. The 22 bodies were retrieved from one of the dinghies."When our team approached the first dinghy, they saw dead bodies lying at the bottom of the boat in a pool...

>Tesla Motors Inc (TSLA.O) Chief Executive Elon Musk said Wednesday he will roll out a new master plan for the electric luxury car maker this evening, after hints he intends to make Tesla a renewable energy enterprise offering products and services beyond vehicles.Musk told more than 4 million...

>The Chair of the National Data Protection Commission (CNIL) said Microsoft had three months to comply with French law and "to stop collecting excessive data and tracking browsing by users without their consent," it said in a statement. (Reporting by Alissa de Carbonnel; editing by Adrian Croft)...

>BERLIN Prime Minister Theresa May sought to reassure Germany on Wednesday over Britain's vote to leave the European Union, stressing her desire to deepen ties with neighboring countries in her first foreign visit as leader.But while Angela Merkel agreed with May that Britain needed time to put together a...

>Carter was speaking to reporters after a meeting with defense ministers of around 30 countries on the campaign to defeat Islamic State. Some of those countries, Carter added, had indicated their intent to contribute more to the campaign, which is seeking to wrest away the militant group's control of parts...

>NEW YORK Currency market fluctuations following Britain's vote to leave the European Union will hurt corporate results in the coming quarters, possibly resulting in a negative impact of as much as $35 billion to $40 billion, according to a report from FIREapps on Wednesday.FiREapps CEO Wolfgang Koester called Britain's...

>The lawsuits, filed in Los Angeles, seek to seize assets "involved in and traceable to an international conspiracy to launder money misappropriated from 1MDB".The lawsuits said the alleged offences were committed over a four-year period and involved multiple individuals, including Malaysian officials and their associates, who conspired to fraudulently...

>Lufthansa is eyeing roughly 40 of Air Berlin's 150 planes, including crews, the people said, adding the planes in question were not operating out of Air Berlin's main hubs in Berlin and Duesseldorf.Details of any deal still needed to be hammered out."It's not a deal that's ready and...

>Electronics and smart-phone retailers are seeing a jump in sales of mobile charging equipment since Pokemon GO was released in the United States two weeks ago and are now looking for more ways to drive potential customers into stores through the wildly popular game.AT&T Inc (T.N), GameStop Corp...

>NEW YORK A senior manager at HSBC Holdings Plc (HSBA.L) has been arrested in New York and charged along with a former foreign exchange executive for engaging in a scheme to defraud one of the bank's clients in a $3.5 billion currency transaction. Mark Johnson, HSBC's global head...

>MILAN U.S. fund Apollo Global Management (APO.N) is so far the sole bidder for four small Italian banks that were rescued from bankruptcy in November as a deadline to submit binding offers looms, several sources close to the matter said.The deadline has been pushed by 12 hours...

>The deal, which was announced in November of last year, is worth about $100 billion.To win approval for the deal, Denver-based Molson Coors will buy SABMiller's 58 percent stake in their U.S. joint venture. The deal marries AB InBev's Budweiser and Stella Artois beers with SABMiller's Miller and...

>FALLS CHURCH, Va. U.S. Muslim leaders hope to register a million voters from within their community to help combat what they say is the anti-Muslim stance of Republican presidential nominee Donald Trump.The United States has only about 3.3 million Muslims, but campaign organizers say Muslim voters could...

>CLEVELAND U.S. House Speaker Paul Ryan offered his strongest support yet for Donald Trump's White House bid on Tuesday at the Republican National Convention, saying the New York businessman he has repeatedly criticized provides America "a chance at a better way." Behind the scenes in Cleveland, the highest-ranking...

>Freshly minted as his party's choice for the White House, Republican Donald Trump on Wednesday will make a display of solidarity with his running mate, Indiana Governor Mike Pence, a social conservative who is at odds with Trump on many issues.Pence, the keynote speaker on the third day of...

>Anti-immigrant party Alternative for Germany (AfD) has seized on the train attack to criticize Chancellor Angela Merkel's migrant policy, under which some 1.1 million people entered Germany in 2015, many fleeing war in Syria and beyond."You cannot say there is no connection between refugees and terrorism, but the...

>LONDON Britain's new finance minister Philip Hammond will this week face calls from anxious peers around the world to explain how his country can pull off a smooth exit from the European Union and minimize the damage to the fragile global economy.A month after the Brexit shock hammered markets...

>The Dow Jones Industrial Average .DJI was up 52.8 points, or 0.28 percent, at 18,611.81.The S&P 500 .SPX was up 5.72 points, or 0.26 percent, at 2,169.5. The Nasdaq Composite .IXIC added 24.25 points, or 0.48 percent, to 5,060.62. (Reporting...

>Morgan Stanley (MS.N) reported a lower second-quarter profit on Wednesday, but beat expectations by delivering relatively strong bond-trading revenue and cutting expenses.The Wall Street bank's net income attributable to common shareholders was $1.43 billion, or 75 cents per share, in the quarter ended June 30, compared with...

>ExxonMobil and Total both want to simplify the ownership of the Elk-Antelope gas field by taking out InterOil's 36.5 percent stake. This would clear the way for the majors to tie together their rival gas export projects, PNG LNG and Papua LNG.Analysts said it made more sense for...

>SHANGHAI General Electric Co (GE.N) on Wednesday said it would partner with Huawei Technologies Co Ltd [HWT.UL] to develop smart machines designed to boost productivity, part of a drive to promote its "industrial internet" business in China.The U.S. industrial giant announced the partnership as it launched...

>China's government has generally avoided making direct comments about the election, wary of being seen to interfere, though in April Chinese Finance Minister Lou Jiwei called Republican presidential candidate Donald Trump an "irrational type" due to his tariffs proposal on imported Chinese goods.In an English-language statement issued via the...

>PARIS French lawmakers approved a six-month rollover of emergency rule on Wednesday in the wake of last week's truck attack in Nice, the third deadly assault in 18 months for which Islamist militants have claimed responsibility.President Francois Hollande's Socialist government is under intense pressure over security since last week's...

>LONDON The Bank of England said it saw "no clear evidence" that a sharp economic slowdown was yet under way after last month's vote to leave the European Union, though there were signs investment and hiring were being put on hold.The BoE's regional agents - who are spread around...

>The Group of 20 finance ministers and central bankers meeting will put the spotlight on Britain's new Chancellor of the Exchequer, Philip Hammond, who makes his international debut at the gathering and will need to answer questions about how London will manage its exit from Europe.Also overhanging the G20...

>Europe's biggest carmaker said its operating profit for the six months ended June, excluding one-off items, rose 7 percent to 7.5 billion euros.In an unscheduled update ahead of interim results on July 28, it said this was ahead of analysts' expectations, although it did not say what those...

>The Telecommunications Communications Board said on Wednesday that an "administrative measure" had been taken against the website - the term it commonly uses when blocking access to sites. (Reporting by Can Sezer; Writing by David Dolan; Editing by Kevin Liffey)...

>Jones retweeted and shared several abusive tweets she received Monday before telling her 250,000 followers: "I leave Twitter tonight with tears and a very sad heart. All this cause I did a movie. You can hate the movie but the shit I got today... wrong."Among those banned Tuesday was...

>Even after a good quarter, optimism is hard to find on Wall Street's bond trading floors.Revenue from fixed income, currency and commodities trading was up 24 percent at the five biggest U.S. banks in the second quarter from a year ago, to $11.8 billion, according to a...