News Archive - 26 November 2016

This weekend was one of back-to-back loss for Iran. On Thursday, a suicide truck bomb killed about 60 Iranian Shia pilgrims at a petrol station in the city of Hilla 100 km south of Baghdad. ISIS (or Da’esh, its Arabic acronym) claimed responsibility for the attack in an online...

>The son of a wealthy landowner, Fidel Castro turned his back on a life of privilege to lead a left-wing revolution in Cuba that endured for decades and was shaped by his political cunning, keen sense of destiny and boundless ego.Castro, who has died at the age of 90,...

>Sales and traffic at U.S. brick-and-mortar stores on Thanksgiving Day and Black Friday declined from last year, as stores offered discounts well beyond the weekend and more customers shopped online.Internet sales rose in the double digits on both days, surpassing $3 billion for the first time on Black...

>WEST PALM BEACH, Fla. U.S. Senator Bernie Sanders turned up the pressure on President-elect Donald Trump on Saturday about his pledge to try to stop an Indiana air conditioner manufacturer from moving 1,400 jobs to Mexico.Both Sanders, who challenged Hillary Clinton for the Democratic nomination, and Trump seized...

>WASHINGTON/WEST PAlM BEACH, Fla. Democrat Hillary Clinton's campaign will take part in a recount of Wisconsin votes in the U.S. presidential race, an effort Republican winner Donald Trump called "ridiculous" on Saturday.Wisconsin's election board on Friday approved the recount requested by Green Party candidate Jill Stein. She has...

>"At this time of Fidel Castro’s passing, we extend a hand of friendship to the Cuban people," Obama said. "History will record and judge the enormous impact of this singular figure on the people and world around him." Obama added that during his presidency he had worked to "put...

>WEST PALM BEACH, Fla. U.S. President-elect Donald Trump said on Saturday that his administration would "do all it can" once it takes office on Jan. 20 to help increase freedom and prosperity for Cuban people after the death of Fidel Castro.Trump had threatened late in his White House...

>ISLAMABAD Pakistan's prime minister on Saturday picked Lieutenant General Qamar Javed Bajwa to replace outgoing army chief Raheel Sharif, the popular military leader credited with improving security and driving back Islamist militant groups.The army chief is arguably the most influential person in Pakistan, with the military having ruled the...

>Government forces have advanced with a ground and air assault on the edge of the besieged eastern half of the city, a move the rebels say is designed to split their most important urban stronghold in two. Aleppo, which was Syria's biggest city before the start of a civil war...

>Merkel said Germany, which takes over the G20 presidency next month, would push for a collective solution for the worldwide glut that has dampened steel prices for years and raised tensions between China and other major producers.European and U.S. leaders have pressed China to accelerate capacity cuts, blaming...

>SEOUL Hundreds of thousands rallied in central Seoul on Saturday for a fifth week of protests against President Park Geun-hye, in the largest ongoing series of demonstrations in the country since the 1987 movement to democratize South Korea.Park's presidency has been rocked by allegations that a close friend used...

>Earlier this year, China introduced a risk measuring tool known as the Macro Prudential Assessment system (MPA) to take into account banks' capital adequacy and leverage ratios, assets and liabilities, liquidity and foreign debt risks.Caixin said the inclusion of banks' cross-border yuan business risk into the MPA system could...

>SAN FRANCISCO Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names.Retailers, including Best Buy, Kohls Corp and Macy's, that were pummeled in...