News Archive - 14 August 2016

His welcoming yet chilly office is decorated with an enlargement of him hung on one of the walls, snapped while he is jotting down some notes as he listens to an address by Majles’ Speaker Ali Larijani! His mantra: “I hate controversies”.   The chairman of Majlis Research Center,...

Saturday, 23rd of Mordad – August 13th, 2016 HEADLINES OF IRAN’S MORNING PAPERS   KAYHAN   -Nigerian Shiites march for Sheikh Zakzaki’s freedom The Shiites of Nigeria are marching 330 kilometers towards the capital to ask the government of this country to free Sheikh Zakzaki, the imprisoned leader of the...

>SINGAPORE Sherine Toh says her best days at work are when none of the 600-or-so staff at Singapore's Tung Lok Restaurants (TGLK.SI) quits, though such days are rare.The Chinese restaurant group is one of the thousands of businesses struggling with a labor crunch caused by foreign worker curbs,...

>NEW YORK U.S. water technology company Xylem Inc is nearing a deal to acquire Sensus USA Inc, a provider of advanced metering technologies to utilities, for around $1.7 billion, including debt, according to people familiar with the matter.The acquisition would make Xylem a major player in the...

>The gunmen were unable to take control of the police station in the old city of Srinagar, the summer capital of India's northernmost state of Jammu & Kashmir, but did wound six police reservists in the attack.Operations were continuing against the attackers, who were holed up in a nearby...

>Hong Kong shares rose to a fresh nine-month high, as depressed global interest rates pushed some investors to hunt for yields in emerging market equities.By the lunch break, China's blue-chip CSI300 index .CSI300 rose 3.2 percent, to 3,398.67 points, while the Shanghai Composite Index .SSEC gained 2.

> China will continue to reform its bond market as major international institutions look to issue debt denominated in special drawing rights (SDRs), Yi also told a news conference. (Reporting by Sue-Lin Wong; Editing by Kim Coghill)...

>HONG KONG The New York Stock Exchange (NYSE) sees technology companies driving a revival in new Asian listings and expects double-digit IPOs through the end of 2017 from the region, the exchange's global head of capital markets said in an interview.New listings should start picking up pace in the...

>Sharp on Friday said that Foxconn completed the 388.8 billion yen ($3.84 billion) purchase, bringing Foxconn's stake to 66.07 percent Sharp jumped as high as 17 percent to 124 yen, the highest since June 24. ($1 = 101.2700 yen) (Reporting by Ayai Tomisawa; Editing by Stephen...

>KKR has not decided whether to make a bid, Bloomberg reported, citing sources.Entertainment One last week rejected a 1 billion pound ($1.3 billion) takeover offer from British broadcaster ITV, saying it undervalued the production and distribution company. Starting life as a Canadian record and tape retailer, eOne now...

>TOKYO Japan's economic growth ground to a halt in April-June after a stellar expansion in the previous quarter on weak exports and capital expenditure, putting even more pressure on premier Shinzo Abe to come up with policies that produce more sustainable growth.The world's third-largest economy expanded by an annualized...

>Asking prices fell by a monthly 1.2 percent, according to a survey by Rightmove that covers properties put on sale between July 10 and Aug. 6, after shedding 0.9 percent in July.The biggest drop was in London and the South East, with asking prices falling by 2.

>The acquisition is expected to be announced Monday and would create the largest publicly traded multifamily apartment real estate investment trust by number of units, said the source, who was not authorized to speak publicly about the matter. For each share of Post Properties stock, shareholders would receive 0.71...

>Retail data company Springboard and the British Retail Consortium said high street footfall rose 0.3 percent compared with July 2015, following a 3.7 percent drop in June. Overall, the figures contributed to a mixed picture for consumer spending since the June 23 referendum, with consumer confidence plunging but...

>The proportion of employers expecting to increase staffing over the next three months dropped from 40 percent before the referendum to 36 percent after it, according to the CIPD, an organization representing human resources professionals, and staffing firm Adecco Group UK & Ireland. One in five employers expected to reduce...

>ATSUGI, Japan Japanese automaker Nissan Motor Co has come up with a new type of gasoline engine it says may make some of today's advanced diesel engines obsolete.The new engine uses variable compression technology, which Nissan engineers say allows it at any given moment to choose an optimal compression...

>ISLAMABAD The U.S. drone strike that killed Islamic State's commander for Afghanistan and Pakistan was the latest blow to the Middle East-led movement's ambitions to expand into a region where the long-established Taliban remain the dominant Islamist force.Islamic State has enticed hundreds, perhaps thousands, of jihadist fighters in...

>WASHINGTON A senior official with the Republican National Committee on Sunday played down the prospect that the party would cut off cash and logistical support to White House nominee Donald Trump in order to shift resources toward congressional races.Last week 70 Republicans wrote a letter urging the RNC to...

>Fighting for control of Aleppo, split between its government-held west and rebel-held eastern neighborhoods, has intensified in recent weeks causing hundreds of deaths and depriving many civilians of power, water and vital supplies. Insurgents including Islamist militant groups detonated car bombs before launching an attack on the Jamiat al-Zahraa district,...

>ALGONAC, MICH.--Parker Fox drifted out of the Donald Trump rally in a sort of euphoric daze, along with the thousands emptying into the parking lot alongside him. “After leaving a Trump rally, you’re very pro-Trump,” he recalled a few weeks later, describing a noisy communion with people who understood...

>Dozens of the girls who were abducted in the town of Chibok in 2014 managed to flee to safety in the initial melee, but more than 200 are still missing.Nigerian authorities said in May that one of the missing girls had been found and President Muhammadu Buhari vowed to...

>"Turkey allows sex with children under the age of 15," read a headline on an electronic news ticker at the airport, images circulated on social media showed. "Our disturbance and reaction over this display which tarnishes Turkey's image and deliberately misinforms the public have been strongly conveyed to the charge...

> "When we had estimated the 4.5 percent growth, the environment both globally and in Turkey was very different," Simsek said in an interview with CNN Turk television. (Reporting by Humeyra Pamuk; editing by Andrew Roche)...

>WARDAK, Iraq Kurdish Peshmerga forces backed by U.S.-led coalition airstrikes launched a fresh attack on Islamic State militants in northern Iraq in the early hours of Sunday, as part of a plan to close in on their de facto capital Mosul, a Kurdish official said.The offensive began...

>LONDON Boutique advisory firms now receive nearly half of all mergers and acquisition fees in Europe, stealing market share and top dealmakers from global investment banks hamstrung by a renewed focus on cost-cutting and regulations on how much they can pay.Founded largely by veterans fleeing bureaucracy and shrinking paychecks...