Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Feb
26

Italy faces post-vote stalemate, spooking investors

ROME (Reuters) - The Italian stock market fell and state borrowing costs rose on Tuesday as investors took fright at political deadlock after a stunning election that saw a comedian's protest party lead the poll and no group secure a clear majority in parliament. "The winner is: Ingovernability" ran the headline in Rome newspaper Il Messaggero, reflecting the stalemate the country would...
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Feb
25

South Korea's new president demands North drop nuclear ambitions

SEOUL (Reuters) - South Korea's new president Park Geun-hye urged North Korea on Monday to abandon its nuclear ambitions, and to stop wasting its scarce resources on arms, less than two weeks after the country carried out its third nuclear test. In her inauguration speech, the country's first female president, also called on South Koreans to help revive the nation's export-dependent economy...
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Feb
23

Abe vows to revive Japanese economy, sees no escalation with China

WASHINGTON (Reuters) - Japanese Prime Minister Shinzo Abe told Americans on Friday "I am back and so is Japan" and vowed to get the world's third biggest economy growing again and to do more to bolster security and the rule of law in an Asia roiled by territorial disputes. Abe had firm words for China in a policy speech to a top Washington think-tank, but also tempered his remarks by...
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Feb
22

Iran appears to advance in construction of Arak nuclear plant

VIENNA (Reuters) - Iran appears to be advancing in its construction of a research reactor Western experts say could offer the Islamic state a second way of producing material for a nuclear bomb, if it decided to embark on such a course, a U.N. report showed. Iran has almost completed installation of cooling and moderator circuit piping in the heavy water plant near the town of Arak, the...
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Feb
21

French hostages seized in Cameroon found safe: report

PARIS (Reuters) - Seven French hostages kidnapped in Cameroon have been found alive in a house in northern Nigeria and are safe with Nigerian authorities, French television reported on Thursday. The hostages, four children and three adults, were captured by Islamist militants this week while on a tourist excursion to the Waza national park near the Nigerian border with Cameroon. ...
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Feb
19

Chavez back in Venezuela, on Twitter with four million followers

CARACAS (Reuters) - After Hugo Chavez spent two months out of the public eye for cancer surgery in Cuba, the Venezuelan government hailed his homecoming on Monday and said the president had achieved another milestone - four million followers on Twitter. The 58-year-old flew back from Havana before dawn and was taken to a military hospital. No new details were given on his health, and...
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Feb
18

U.N. says has list of Syrian war crimes suspects

GENEVA (Reuters) - Syrians in "leadership positions" who may be responsible for war crimes have been identified, along with units accused of perpetrating them, United Nations investigators said on Monday. Both government forces and armed rebels are committing war crimes, including killings and torture, spreading terror among civilians in a nearly two-year-old conflict, they said. ...
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Feb
17

Pope, at one of last appearances, says pray for me and next pope

HOUSTON (Reuters) - Michael Jordan never played against LeBron James but that has not stopped the two from going one-on-one over how to determine greatness on the basketball court. Jordan, widely hailed as the best player of all-time and who turns 50 on Sunday, believes it is all about championship rings, while James, 28, thinks that view is a little too simplistic. The debate has been the chief talking...
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Feb
16

Exclusive: North Korea tells China of preparations for fresh nuclear test - source

BEIJING (Reuters) - North Korea has told its key ally, China, that it is prepared to stage one or even two more nuclear tests this year in an effort to force the United States into diplomatic talks, said a source with direct knowledge of the message. Further tests could also be accompanied this year by another rocket launch, said the source, who has direct access to the top levels of...
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Feb
15

Meteorite hits central Russia, more than 500 people hurt

CHELYABINSK, Russia (Reuters) - More than 500 people were injured when a meteorite shot across the sky and exploded over central Russia on Friday, sending fireballs crashing to Earth, shattering windows and damaging buildings. People heading to work in Chelyabinsk heard what sounded like an explosion, saw a bright light and then felt a shockwave according to a Reuters correspondent in the industrial...
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Feb
14

North Korea nuclear test prompts stern warnings from neighbors

SEOUL/TOKYO (Reuters) - South Korea sent a stern warning to North Korea on Thursday, two days after the North tested a nuclear bomb, saying it could strike the isolated state if it believed an attack was imminent as it deployed a new cruise missile to drive home its point. North Korea conducted its third nuclear test on Tuesday, in defiance of U.N. resolutions, pushing it further along...
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Feb
13

Pope asks for support after decision to resign, says strength diminishing

VATICAN CITY (Reuters) - Pope Benedict, in his first public comments since he announced that he would become the first pontiff in centuries to resign, on Wednesday said he was fully aware of the gravity of his decision but confident that it would not hurt the Church. "Continue to pray for me, for the Church and for the future pope," he said in unscripted remarks at the start of his weekly...
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Feb
12

China joins U.S., Japan, EU in condemning North Korea nuclear test

SEOUL (Reuters) - North Korea conducted its third nuclear test on Tuesday in defiance of existing U.N. resolutions, drawing condemnation from the United States, Japan, Europe and Pyongyang's only major ally, China, which summoned the North Korean ambassador to protest. The North said the test had "greater explosive force" than the 2006 and 2009 tests. Its KCNA news agency said it had...
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Feb
11

Benedict to resign, first pontiff since Middle Ages to quit

ROME (Reuters) - Pope Benedict, leader of the world's 1.2 billion Catholics, said on Monday he will resign on Feb 28. because he no longer has the strength to fulfill the duties of his office, becoming the first pontiff since the Middle Ages to take such a step. The 85-year-old German-born Pope, hailed as a hero by conservative Catholics and viewed with suspicion by liberals, said he...
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Feb
10

Netanyahu to discuss Iran, Syria, Palestinians with Obama

JERUSALEM (Reuters) - Iran's nuclear ambitions, the civil war in Syria and stalled Israeli-Palestinian peace efforts will top the agenda of U.S. President Barack Obama's visit to Israel, Prime Minister Benjamin Netanyahu said on Sunday. "It is a very important visit that will emphasize the strong alliance between Israel and the United States," Netanyahu, who has had a testy relationship...
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Feb
09

Japan may release data proving Chinese radar incident: media

TOKYO (Reuters) - Japan may release data it says will prove a Chinese naval vessel directed its fire control radar at a Japanese destroyer near disputed islands in the East China Sea, local media reported. Japan has said a Chinese frigate on January 30 locked its targeting radar on a Japanese destroyer - a step that usually precedes the firing of weapons - but China insists that its vessel...
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Feb
08

Tens of thousands mourn slain Tunisian opposition leader

TUNIS (Reuters) - Tens of thousands of mourners chanted anti-Islamist slogans on Friday at the Tunis funeral of secular opposition leader Chokri Belaid, whose assassination has plunged Tunisia deeper into political crisis. Crowds surged around an open army truck carrying Belaid's coffin, draped in a red and white Tunisian flag, from a cultural center in the slain leader's home district...
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Feb
07

Khamenei rejects offer of direct talks with U.S.

DUBAI (Reuters) - Iran's highest authority, Ayatollah Ali Khamenei, on Thursday rejected an offer of direct talks made by U.S. Vice President Joe Biden this week, saying they would not solve the problems between them, Iranian media reported. "Some naive people like the idea of negotiating with America, however, negotiations will not solve the problems," Khamenei said in a speech to officials...
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Feb
06

Tsunami kills at least five in Solomons after big Pacific quake

(Reuters) - A powerful 8.0 magnitude earthquake set off a tsunami that killed at least five people in a remote part of the Solomon Islands on Wednesday and triggered evacuations across the South Pacific as island nations issued tsunami alerts. The quake struck 340 km (211 miles) east of Kira Kira in the Solomons, the Pacific Tsunami Warning Center in Hawaii said as it issued warnings...
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Feb
05

Iran's Ahmadinejad in Egypt on historic visit

CAIRO (Reuters) - President Mahmoud Ahmadinejad arrived in Egypt on Tuesday on the first trip by an Iranian head of state since the 1979 revolution, underlining the thaw in relations since Egyptians elected an Islamist head of state. President Mohamed Mursi, the Muslim Brotherhood politician elected in June, kissed Ahmadinejad as he disembarked from his plane at Cairo airport. The leaders...
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