News Archive - 23 October 2016

While US’ $2b theft of Iranian assets has not yet registered, the Americans seek yet another larceny, this time worth more than $6b, demonstrating that the post-deal era has paved the way for pulling down Iran’s assets, hardliner Principlist daily Vatane Emrouz wrote in article, titled “A Post-deal Boxcar”...

Saturday, 1st of Aban – October 22nd, 2016 HEADLINES OF IRAN’S MORNING PAPERS   KAYHAN   -Iraqi Army ahead of its plan in Mosul operations In the first day of the operation to liberate Mosul, Iraq’s armed forces have advanced ahead of their plan and liberated vast regions from...

>"America claims it has more than 200 years of democracy, and they have had 50 presidential elections, but there is no morality in that country," Rouhani said in a speech, carried live by state television."You saw the presidential debates, how they talk..., how they accuse and mock (each...

>By the end of December some U.S. bank customers may begin to notice features of the new Zelle instant payments network appearing on their mobile phone and online banking apps as the financial industry tries to catch up to technology company rivals, such as Venmo.Paul Finch, chief executive...

>SYDNEY The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said on Monday, resulting in a shipment of cotton to China from the United States.Australian cotton trader Brighann Cotton Marketing bought the shipment bound for the...

>BHUBANESHWAR, India Indian police killed at least 18 Maoist rebels in the eastern state of Odisha on Monday after tracking them to a remote, forested area where a gunfight erupted shortly after midnight, police said.It was one of the heaviest casualty tolls suffered this year by the insurgents, who...

>The visit by U.S. Assistant Secretary of State for East Asian and Pacific Affair Daniel Russel is part of a three-nation swing through Southeast Asia that also includes Thailand and Cambodia, the U.S. State Department announced on its website.Russel arrives as confusion lingers over Manila's ties with...

>The BOJ does not currently see signs of a property bubble, according to a report it released on Monday.However, the central bank is concerned because the ratio of real estate investment to nominal gross domestic product is uncomfortably high and banks are extremely willing to extend loans to property...

>LAS VEGAS President Barack Obama on Sunday campaigned in the battleground state of Nevada for Hillary Clinton, the Democratic candidate he wants to succeed him in the White House - but he spent most of his time talking about the state's Senate race.Democrats badly want to get back control...

>SINGAPORE During Singapore's full moon festival last month, employer John Kong was focused more on cost-cutting than celebrating. Not sending his clients traditional mooncake gift packages saved him S$14,000 ($10,000), and his 60 workers at building materials supplier M Metal Pte Ltd didn't get a pay rise either.Having grown...

>The dollar index, which tracks the greenback against a basket of six major counterparts, stood at 98.696 .DXY=, not far from its Friday high of 98.813, which was its loftiest peak since Feb. 3.Against its Japanese rival, the dollar edged up 0.1 percent to 103.89...

>SINGAPORE Oil prices fell early on Monday as Iraq said it wanted to be exempt from any deal by producer cartel OPEC to cut production to prop up the market, and as U.S. drillers stepped up work.Brent crude futures LCOc1 were trading at $51.59 per barrel at...

>NEW YORK Prospects that the presidential election will inject a hefty dose of volatility into U.S. stock markets are fading fast as Republican Donald Trump's victory odds lengthen.A reading of positioning data on options tied to the benchmark S&P 500 index shows little pickup in demand for contracts...

>TOKYO Asian stocks were subdued early on Monday after Wall Street's sluggish performance at the end of last week, while the dollar hovered near nine-month highs as fresh comments from a Federal Reserve official boosted bets of a rate hike by year-end.MSCI's broadest index of Asia-Pacific shares outside Japan .

>LUCKNOW, India When Amit Shah, president of Narendra Modi's ruling party, meets with the Indian prime minister, he is sometimes asked a question he struggles to answer: "What is behenji thinking?"By "behenji", or "older sister", Modi means Mayawati, the enigmatic politician and former ruler of India's most populous state,...

>The price increase, from Jan. 1 2017, will be 13 percent for its enterprise software and 22 percent for its enterprise cloud services, it said.Pricing changes will not apply to consumer software or consumer cloud services, the company said in a blog post. bit.ly/2e1NPPcThe vote to leave the...

>TD Ameritrade Holding Corp (AMTD.O) and Toronto-Dominion Bank (TD.TO) are nearing buying Scottrade Financial Services [SCTRD.UL] in a $4 billion deal, a source familiar with the matter said.TD Ameritrade, the biggest discount brokerage by trade executions, would acquire Scottrade's brokerage operations, and Toronto-Dominion would buy Scottrade's...

>NEW YORK When Time Warner Inc's (TWX.N) Jeff Bewkes welcomed AT&T Inc's (T.N) Randall Stephenson for lunch at Time Warner Center in New York in late August, their meeting was supposed to be one of the catch-ups the two chief executives have had over the years.And it...

>"We believe it was a suicide car bomb. Its driver detonated the bomb in his car," police officer Ibrahim Elmi told Reuters.The blast was in Mogadishu's Bondeere district, near a site where hundreds of people displaced by fighting elsewhere in the anarchic country are being temporarily sheltered. There was...

>The terms of Greece's international bailout require PPC, which is 51 percent state-owned, to either sell its stake in ADMIE or fully privatize the grid by next year. PPC said it was examining bids submitted by the Italian power grid Terna (TRN.MI) jointly with infrastructure fund F2i and by...

>Aircraft component maker Rockwell Collins Inc (COL.N) has struck a deal to buy aircraft interior maker B/E Aerospace Inc (BEAV.O) for $62 per share in cash and stock, the companies said on Sunday.The acquisition, valued at $6.4 billion plus the assumption of $1.9 billion in...

>CARACAS Venezuela's opposition-led National Assembly on Sunday vowed to put Nicolas Maduro on trial for violating democracy, days after authorities nixed a recall referendum against the unpopular leftist president. The measure is unlikely to get traction given the government and a compliant Supreme Court have systematically undermined the legislature, but...

>SAIC General Motors (SGM), a joint venture between China's SAIC and General Motors, started operations at the Wuhan plant last year. The new production line will be able to produce 360,000 vehicles a year, bringing the combined capacity to 600,000, Xinhua said.SGM said it has invested 7.5 billion...

>Clinton spokesman Brian Fallon told reporters on Sunday there were "a number of questions and concerns" about the deal "but there's still a lot of information that needs to come out before any conclusions should be reached." "But certainly she thinks regulators should scrutinize it closely," Fallon said. (Reporting...

>Senior members of the center-left party voted 139 in favor, versus 96 against, of abstaining in a new confidence vote due this coming week which would grant conservative acting Prime Minister Mariano Rajoy a second term in office. (Reporting by Inmaculada Sanz; Writing by Paul Day; Editing by Sarah White)...

>WASHINGTON Republican presidential candidate Donald Trump will "100 percent" accept the results of the U.S. election if it is fair, his son Eric Trump said on Sunday.“I think what my father is saying is, 'I want a fair election,’” Eric Trump said on ABC's "This Week." “If...

>BRUSSELS Britain will "continue to play a full role until we leave", Prime Minister Theresa May told fellow leaders at her first EU summit; but for many Britons in Brussels that is a forlorn hope.Formally, yes, the heads of European Union institutions say Britain and its citizens will keep...

>ERBIL Kurdish fighters said they had taken the town of Bashiqa near Mosul from Islamic State on Sunday as coalition forces pressed their offensive against the jihadists' last stronghold in Iraq.An American official said Masoud Barzani, President of the Iraqi Kurdish region, had told U.S. Defense Secretary Ash...

>WASHINGTON/NEW YORK The tie-up of AT&T Inc and Time Warner Inc, bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV.Stocks of...

>The disclosure to the Kuwait stock exchange came after the Gulf investment group, led by prominent businessman Mohamed Alabbar, on Thursday bought a 66.79 percent stake in Americana through an auction process.Adeptio AD Investments "is committed to the regulations on mandatory acquisition", and "undertakes to follow the procedures...

>NEW YORK Donald Trump rode to the top of the Republican ticket promising a "big, beautiful, powerful" border wall with Mexico to stop the flow of undocumented immigrants. Along that border, however, Americans are more likely to call the wall a "waste of money", according to a Reuters/Ipsos opinion poll.

>The bomb, planted by militants from the outlawed Kurdistan Workers Party (PKK), was detonated near the district governor's office, the security sources said.Five police officers were among the injured, they said.Hours before the bombing, PKK militants had attempted an attack overnight on the district governor's home, using long-range...

>LONDON Britain could slash corporation tax to 10 percent if the European Union refuses to agree a post-Brexit free trade deal or blocks UK-based banks from accessing its market, the Sunday Times reported, citing an unidentified source.The newspaper said the idea of halving the headline rate from 20 percent...

>RIYADH Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday he had invited his Russian counterpart Alexander Novak to meet Gulf Arab energy ministers in Riyadh as part of efforts to cooperate with non-OPEC members to stabilize the oil market. "Russia is one of the world's biggest oil producers ... and...

>ZURICH When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind.But such tweets could help insurers to price premiums for individuals, with research suggesting a direct link...

>There was fierce fighting between insurgents and Syrian government and allied forces along a strategic frontline in southwest Aleppo. In August rebels briefly broke through this government-held strip of land to try to break a siege on rebel-held eastern Aleppo enacted in July. The Syrian Observatory for Human Rights said...

>BRUSSELS The European Union has given Belgium until late on Monday to overcome opposition to a free trade deal with Canada from its French-speaking region or a summit to sign the pact that could boost both economies is off, EU sources said on Sunday.EU trade negotiators are rushing to...

>The ceasefire, agreed in order to allow an increased flow of much-needed humanitarian aid, ended without renewal after a day of heavy fighting between the Saudi-led Arab alliance and the Iran-allied Houthi movement.Each side accused the other of repeatedly violating the truce and U.N. attempts to extend it...