News Archive - 25 August 2016

Iranian Diplomacy: Less than three months to US presidential elections, Iranian media are closely monitoring the competition between Hillary Clinton and Donald Trump. Despite lack of official diplomatic ties for more than three decades, Tehran and Washington are more communicative than ever thanks to negotiations that led to a...

Tuesday, 2nd of Shahrivar – August 23rd, 2016 HEADLINES OF IRAN’S MORNING PAPERS   KAYHAN   -Zarif: Iran and Cuba have suffered from US hostilities In his visit to Cuba, Iran’s Foreign Minister stated that Iran has good political and economic relations with the majority of Latin American countries and...

>RENO, Nev./MANCHESTER, N.H. Democratic presidential nominee Hillary Clinton accused Donald Trump on Thursday of fuelling America's "radical fringe" with racist rhetoric, even as her Republican rival sought to soften his image with an appeal to minorities.Clinton needs to retain support from black and Latino voters to win...

>The company said it would partner with oil and gas company Jetta Operating Co Inc to create Jetta Permian, which will spend $1 billion on assets in the Delaware Basin, located in the larger Permian basin. Blackstone also said it would spend $500 million on future acquisitions, to be made...

>NEW YORK/HOUSTON LyondellBasell Industries NV (LYB.N) has retained Bank of America Merrill Lynch (BAC.N) to help with the potential sale of its 263,776 barrel-per-day refinery in Houston, according to two people familiar with the talks.The move comes after the Dutch chemical company fielded inquiries from at least...

>WASHINGTON Tesla Motors Inc (TSLA.O) has won U.S. antitrust approval to buy solar panel installer SolarCity Corp (SCTY.O), moving closer to its goal of creating a carbon-free energy and transportation company.The Federal Trade Commission said on Thursday that the deal was approved. It was on a...

>WASHINGTON When President Barack Obama entered the White House in 2009, the federal appeals court based in Virginia was known as one of the most conservative benches in the country.Two Obama terms later, Democratic appointees hold a 10-5 majority on the 4th U.S. Circuit Court of Appeals, a...

>The order came after the Federal Bureau of Investigation gave the department a disc earlier this month containing 14,900 emails to and from Clinton and other documents it said it had recovered that she did not return to the government.Clinton, the Democratic presidential nominee, has been criticized for using...

>The son of a Russian lawmaker was convicted on Thursday on U.S. charges that he engaged in a scheme to hack into U.S. businesses in order to steal and sell credit card numbers, costing financial institutions more than $169 million.Roman Seleznev, also known as "Track2," was found...

>SAN FRANCISCO Chinese powerhouse Didi Chuxing's acquisition of Uber Technologies Inc's [UBER.UL] China operations marked the biggest move yet toward consolidation in an industry that many investors and Silicon Valley pundits view as a winner-take-all game. On the day the Didi deal was announced earlier this month, Uber board...

>SAN FRANCISCO Apple Inc issued a patch on Thursday to fix a dangerous security flaw in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident's phone had been targeted with a previously unknown method of hacking.The thwarted attack on the human rights activist, Ahmed Mansoor,...

>WASHINGTON A U.S. Navy ship fired warning shots toward an Iranian fast-attack craft that approached two U.S. ships, a Pentagon spokesman said on Thursday, in the most serious of a number of incidents in the Gulf area this week. "They did feel compelled ultimately to fire three warning...

>LONDON Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom.The overwhelming view from economists is that it is too early to know...

>KABUL/ISLAMABAD With its spacious, leafy campus, foreign professors and English-language MBAs, the American University in Kabul offers young Afghan students the kind of Western-style education unimaginable for most of their peers.The image of an island of liberalism and learning in a country plagued by militant violence has been shattered.

>JACKSON HOLE, Wyo. An unusually large group of Federal Reserve policymakers appeared before activists on Thursday and defended their plans to raise interest rates to keep the U.S. economy from eventually overheating.Several policymakers said raising interest rates gradually would allow them to stimulate the economy for longer, but...

> It said aftershocks were continuing in the area. More than 900 aftershocks have been registered since the quake struck, 57 of them since midnight. (Reporting By Philip Pullella)...

>SEOUL One of the senior most executives at South Korea's Lotte Group was found dead on Friday, a suspected suicide, hours before he was to be questioned by prosecutors conducting a criminal probe into the family-run conglomerate.Lotte Group, in a text message to reporters, said it confirmed the death...

>China is keen to maintain open markets for its goods as its economy grows at its slowest pace in 25 years, but it faces rising trade tensions as its imports deteriorate faster than exports, setting it up for another record trade surplus. Last year, the U.S. trade deficit with...

>JACKSON HOLE, Wyo. Schooled in economic thinking that confines monetary policy to the short run, central bankers gathering in Jackson Hole, Wyoming, are grappling with a singular change: whether they can take over as guardians of long-term growth with programs that may stay in place and influence markets for decades...

>SINGAPORE/TOKYO Asian stocks were largely steady on Friday, with modest losses in some markets and gains in others reflecting nervousness before a keenly anticipated speech by U.S. Federal Reserve Chair Janet Yellen. European markets are also heading for a flat start, with financial spreadbetter CMC Markets expecting Britain's FTSE...