News Archive - 17 September 2016

>The entrepreneurs' confidence index rose to 51.2 percent in the third quarter, 2.2 percentage points higher than in the second quarter, a central bank survey showed.China's factory output and retail sales grew faster than expected in August as a strong housing market and a government infrastructure spending...

>Samsung said in a statement it sold about half of its shares in ASML while selling its entire 4.2 percent stake in Seagate, its 0.7 percent stake in Sharp and its 4.5 percent stake in Rambus. The company did not disclose financial terms of the share sales.

>Colonial Pipeline Co said on Saturday it resumed repairing a leak on a key U.S. gasoline line on Friday afternoon, but pump prices continued to rise in the southeast as several states took emergency action to get fuel to filling stations more easily.Colonial shut its main gasoline and...

>Investigations by Jones Day have shown that Stefan Knirsch, an Audi board member, knew about the use of cheat software in 3.0 liter diesel engines and gave a false promise under oath, the paper said on Sunday. Knirsch has already been asked to clear his desk, it said. Audi...

>MOSCOW The ruling United Russia party is expected to win even greater dominance over Russia's lower house in a parliamentary election on Sunday, showing that support for President Vladimir Putin is holding up despite sanctions and a deep economic slowdown.The election for the Duma, or lower house, is being...

>OPEC and non-OPEC oil producers will meet at an energy conference Sept. 26-28 in Algiers, where Algeria's energy minister has said there is a consensus about the need to stabilize the oil market to support prices. "It will be an informal meeting, it is not a meeting for making decisions,"...

>"You are medically able to maintain your high level of professional work and your physical activity programs without limitations," wrote Michael Busk of the St. Vincent Health, Wellness and Preventative Care Institute in Indianapolis.Trump, the Republican nominee for president, has released a note from his doctor saying that he,...

>Yannis Stournaras, who represents Greece on the Governing Council of the European Central Bank and is not an appointee of the present left-led administration, said relations with the government had "never been ruptured"."There is no plan to sideline me," Stournaras told reporters in response to a question after a...

>Russian jets had been bombing in the same area at the same time, the Observatory said. The source at the airport said the air strike had paved the way for Islamic State fighters to overun the position at Jebel Tharda, the Observatory said. It said earlier that only 30 soldiers...

>French government security alert app - SAIP - warned citizens that a police operation was under way in Saint-Leu church in the busy shopping district of Chatelet and advised people to stay away. Interior minister, Bernard Cazeneuve, issued a statement confirming the false alarm and said that "the circumstances around...

>BERLIN Tens of thousands of people protested in European cities on Saturday against planned free trade deals with the United States and Canada they say would undermine democracy and lower food safety, environmental and labor standards.Organizers -- an alliance of environmental groups, labor unions and opposition parties -- said...

>German carmakers are investing heavily in electric vehicles (EVs), spurred by advances in battery technology and amid a growing backlash against the environmental impact of diesel fumes.The maker of Mercedes-Benz luxury cars plans to launch at least six, and possibly as many as nine, electric car models as part...

>MARGARITA ISLAND, Venezuela Only a handful of leaders have traveled to a meeting of a large Cold War-era bloc in Venezuela this week, in an embarrassment for the crisis-hit socialist government.Venezuela's President Nicolas Maduro has touted the 17th meeting of the Non-Aligned Movement as one that would "be remembered...

>TORONTO General Motors Co and the Canadian union Unifor have not yet made any significant progress in their talks to hammer out a new contract, the labor group's President Jerry Dias said on Saturday as the sides entered the final stretch of negotiations. GM and the Unifor have been divided...

>The ceasefire is the result of an agreement between Russia, which backs Syrian President Bashar al-Assad with air power, and the United States, which supports some rebel groups, and has cooled fighting since coming into effect last Monday.But in comments delivered in Kyrgyzstan on Saturday, Putin cast doubt over...

>The soldier was taken to hospital for treatment, the military said.With most anti-Israeli assaults carried out since October by individuals without any central guiding hand, it was difficult to gauge why violence had surged in the past 24 hours. The frequency of what had been near-daily attacks had slowed...

>UNITED NATIONS The spotlight will be on Syria when world leaders gather at the United Nations next week as the United States and Russia try to shore up a fragile truce deal and President Barack Obama pushes for a boost in global refugee aid.Some 135 heads of state and...

>However, liquidation remained the most likely outcome for Hanjin Shipping, the newspaper cited the sources as saying.Hanjin Shipping, the world's seventh-largest container carrier, filed for receivership late last month in a South Korean court and must submit a rehabilitation plan in December.The company is working on various scenarios...