News Archive - 9 September 2016

>Dozens more were taken to hospital with injuries as firemen struggle to control the blaze in the four-storey building, one fire official said. "The fire broke out in the morning just when work was about to start," said the official, Mohammad Akhtaruzzaman.The reason for the fire in the industrial...

>LOS ANGELES California regulators moved a step closer on Friday to the first mandatory U.S. energy efficiency standards for computers and monitors, gadgets that account for 3 percent of home electric bills and 7 percent of commercial power costs in the state.The latest draft standards issued by the...

>The Trump campaign also repeated a pledge that Trump would release his own returns once the government completes an audit.Pence's returns for 2006 to 2015 showed the Indiana governor and former U.S. congressman paid an effective tax rate that ranged from 10 percent to 16.5 percent."These...

>DALLAS The next U.S. president will need to address the aging population of the workforce if he or she wants to boost U.S. economic growth, a top Federal Reserve official advised on Friday. "The first thing the president's got to do is focus on policies to grow the...

>GENEVA Russian Foreign Minister Sergei Lavrov accused the United States of holding up a Syrian ceasefire at talks in Geneva with U.S. Secretary of State John Kerry on Friday and said the negotiations may have to be reconvened next week. "We're thinking of maybe calling it a day, maybe...

>NEW YORK A rare run of outperformance by U.S. bank shares appears to have hit a wall as a spate of soft readings on the economy have tempered bets that the Federal Reserve might raise rates soon.The S&P 500's bank index .SPXBK is up nearly 9 percent so...

>Buyout firms Centerbridge Partners LP and Friedman Fleischer & Lowe LLC (FFL) have teamed up to buy U.S. health insurer Highmark Health's vision unit for close to $2 billion, according to people familiar with the matter.A deal would provide a cash boost to the Pittsburgh-based nonprofit as it...

>SEOUL/NEW YORK Top airlines globally have banned the use of Samsung Galaxy Note 7 smartphones after a U.S. regulator advised travelers not to charge or turn on the devices in flight due to faulty batteries.The world's three largest carriers by passenger traffic, American Airlines (AAL.O), Delta Air...

>DETROIT/WASHINGTON A Volkswagen AG (VOWG_p.DE) engineer pleaded guilty on Friday to helping the German automaker evade U.S. emission standards, and his lawyer said he would cooperate with federal authorities in their criminal probe. James Liang, who has worked for VW since 1983 and was part of a team...

>A U.S. judge said on Friday he will grant Hanjin Shipping Co Ltd (117930.KS) provisional protection from creditors in the United States, enabling some vessels to dock and unload at U.S. ports.South Korea's Hanjin asked U.S. Bankruptcy Judge John Sherwood to issue an order that...

> The value of the dollar's net long position rose to $9.10 billion in the week ended Sept. 6, from $5.29 billion the previous week, the data showed. (Reporting by Gertrude Chavez-Dreyfuss, editing by G Crosse)...

>BRATISLAVA European Union finance ministers and central bank governors discussed on Friday the idea of a euro zone budget, called a "fiscal capacity", amid some scepticism if it was needed and under what conditions.There was no agreement on any aspects of the idea, except that talks should continue. "The...

>CAPE CANAVERAL, Fla. SpaceX founder and chief Elon Musk said on Friday he was unsure why one of the company’s Falcon rockets burst into flames on its Florida launch pad last week, destroying both the rocket and an Israeli communications satellite it was due to lift into orbit.“Still working...

>WASHINGTON The U.S. House of Representatives passed legislation on Friday that would allow the families of victims of the Sept. 11 attacks to sue Saudi Arabia's government for damages, despite the White House's threat to veto the measure.The U.S. Senate in May unanimously passed the "Justice Against...

>The Detroit automaker said Chariot plans to expand internationally, moving into five more markets in the next 18 months. Terms of the deal were not disclosed.Ford, which said it would set up a "city solutions" team to work with cities around the world on transportation, is trying to diversify...

>OSLO Norway's prime minister accused Facebook Inc (FB.O) on Friday of censorship after it deleted an iconic Vietnam War era news photograph of a naked girl fleeing a napalm attack from pages, including her own.In a clash between a democratically elected leader and the social media giant over...

>BRUSSELS The European Commission withdrew proposals on Friday that would limit next year's abolition of mobile phone roaming charges after criticism that the rules should do more to favor telecoms firms' customers.In a dramatic U-turn, four days after officials published rules to restrict how many days consumers could use...

>WASHINGTON The U.S. Justice Department has formed a threat analysis team to study potential national security challenges posed by self-driving cars, medical devices and other Internet-connected tools, a senior official said.The new group's goal is to secure the so-called "internet of things" from exploitation by “terrorist threats” and...

>BEIRUT/AMMAN Even if it were somehow possible to escape eastern Aleppo, Abdullah Shiyani, a 10-year-old boy who dreams of being a doctor, says he wouldn't leave. It would mean leaving behind too many people who need help."We have a lot of injured people here," he told Reuters over the...

>WASHINGTON/QUINCY, Mass. U.S. Federal Reserve policymakers on Friday headed towards their policy meeting later this month divided on whether a rate rise is in the offing, with some of the permanent voting members appearing wary of supporting an immediate hike.Financial markets had started pricing in a greater chance...

>WASHINGTON General Motors Co (GM.N) said on Friday it will recall nearly 4.3 million vehicles worldwide due to a software defect that can prevent air bags from deploying during a crash, a flaw already linked to one death and three injuries.GM's action marked the latest massive air...

> The justices left in place a decision by a district court judge in Michigan who in July suspended a law that abolished straight-ticket voting, finding that it would disproportionately affect black voters. The 6th U.S. Court of Appeals upheld that finding last month, prompting the state to seek...

>WASHINGTON Republican presidential candidate Donald Trump, who has often praised Russian President Vladimir Putin, criticized U.S. policy in Iraq during an interview broadcast on a Kremlin-funded television network.The New York businessman made the comments in an interview with former CNN broadcaster Larry King, whose podcast was aired on...

>Uber launched in Macau less than a year ago but announced at the end of August that it would withdraw from the former Portuguese colony because its drivers faced total fines of 10 million patacas ($1.25 million).The Macau government has taken a firm stance against Uber, with Secretary...

>BRUSSELS Facebook's problems with European privacy regulators do not mean that the social network has breached the bloc's competition rules, EU antitrust chief Margrethe Vestager said on Friday. "The German authority is concerned that Facebook may have forced its users to accept privacy terms that aren't in line with the...

>The advance by the Syrian army and allied militia in the Ramousah area of southern Aleppo has reopened the main route into the government-held west while resulting in the complete re-encirclement of the city's rebel-held east. Insurgent forces including jihadist groups had captured the Ramousah area in August, breaking the...

>GENEVA The Syrian government has effectively stopped aid convoys this month and the besieged city of Aleppo is close to running out of fuel, making U.S.-Russian peace talks in Geneva on Friday even more urgent, the United Nations said. "Convoys are not rolling at the moment in Syria,"...

>The Commerce Department said on Friday that the flat reading followed a 0.3 percent increase in June. The department in its recently introduced monthly advance economic indicators report published last month had estimated that wholesale inventories would be unchanged in July.The component of wholesale inventories that goes into...

>NEW YORK U.S. stocks opened lower on Friday amid investor caution following a nuclear test by North Korea and comments by a U.S. Federal Reserve official that supported an interest rate hike. North Korea conducted its fifth and biggest nuclear test on Friday and said it had mastered...

>The paper, citing an unnamed senior Samsung source, said the Korean firm will likely announce a decision on the potential sale by next week. A Samsung spokesman said the company does not comment on rumors or speculation. HP's office in Seoul could not be reached immediately for comment. Samsung Electronics...

>PARIS French oil and gas company Total (TOTF.PA) will increase its exposure to U.S. shale gas by buying 75 percent of Barnett Shale assets from Chesapeake (CHK.N), taking advantage of a far lower price than it paid for its original 25 percent holding.Total joins other European...

>PARIS Three women arrested in connection with a car loaded with gas cylinders found in a side road near Notre Dame cathedral had been planning an attack on a Paris railway station, the French interior ministry said."An alert has been issued to all stations but they had planned to...

>The European Commission opened a full investigation into the case in August, concerned that the deal to create the world's largest integrated crop protection and seeds company may reduce competition in these sectors as well as certain petrochemicals."The Commission has stopped the clock in its in-depth investigation into the...