Saturday, August 31, 2019
Daily Bulletin: 19 lakh excluded from final NRC list in Assam, Bumrah’s hat-trick, Texas shooting; today’s top stories
Here are today's top stories: Assam govt appeals for peace as final NRC list excludes 19 lakh people from list, Motor Vehicles Amendment Act to be implemented today, and more
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Donald Trump dismisses secretary over claim he didn’t want to be photographed with his daughter Tiffany
Donald Trump says Madeleine Westerhout’s reported remarks that he didn’t want to be photographed with daughter Tiffany are “just absolutely false.”
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At least five dead, 21 injured in Texas mass shooting; police shoot gunman dead after chase
The incident occurred in the area of Odessa and nearby Midland and police said the gunman was shot dead at the Cinergy movie theatre after a chase.
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Friday, August 30, 2019
Assam NRC final list today: From 1947 to 2019, a look at blighted history of state’s struggle against influx of immigrants through porous border
On the other hand, it will impel lakhs of Assam residents into a legal quagmire as they are set to be stripped off their citizenship
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US Open 2019: Serena Williams eases into fourth round with comfortable win over Karolina Muchova
Serena Williams moved another step closer to a record-tying 24th career Grand Slam title with a comfortable victory over Karolina Muchova.
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Final NRC publication: On his last day in office, Assam’s police chief insists that adequate security arrangements are in place
With the publication of the contentious National Register of Citizens (NRC) in Assam scheduled for Saturday, security arrangements have been beefed up across the state, Director General of Police Kuladhar Saikia said
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US Open 2019: Roger Federer back to his best after thumping Dan Evans in straight sets to reach fourth round
After slow starts in his last two US Open matches, Roger Federer took his game up a notch as he walloped Dan Evans to reach the last 16.
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Daily Bulletin: Assam final NRC list to be published today; Shahjahanpur law student to stay under Delhi Police’s protection; day’s top stories
Final list of Assam NRC to be published today, Shahjahanpur law student to be given protection by Delhi Police till next hearing, India-West Indies second test match today; day's top stories
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Tourists scatter as Hurricane Dorian hurls toward Bahamas
By Rebekah F Ward (Reuters) - Tourists scrambled to leave the Bahamas on Friday as Hurricane Dorian approached its northwestern islands of Grand Bahama and Abaco, eager to take off before the international airport was to shut down at 10 p.m. The Miami-based National Hurricane Center said in a statement at 8:30 p.m
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Slowing and strengthening, ‘extremely dangerous’ Hurricane Dorian worries Florida
By Zachary Fagenson MIAMI (Reuters) - Hurricane Dorian churned towards Florida with increasingly powerful winds and drenching rains on Friday, wreaking havoc on people's Labor Day weekend plans in one of America's biggest vacation destinations. The Miami-based National Hurricane Center said in a statement at 830pm EDT (0030 GMT) on Friday that Dorian had strengthened into an "extremely dangerous" category 4 hurricane, packing maximum sustained winds of 130 mph (215 km/h).
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U.S. says Iranian oil tanker headed towards Syria
By Nerijus Adomaitis and Jonathan Spicer OSLO/ISTANBUL (Reuters) - Turkey said on Friday that an Iranian oil tanker at the centre of a confrontation between Washington and Tehran was headed to Lebanon's waters, but the United States later said the ship was sailing to Syria.
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Brazil officials, Bolsonaro’s son meet with Trump to discuss Amazon fires
By Alexandra Alper and Jake Spring WASHINGTON/BRASILIA (Reuters) - Brazil's foreign minister and President Jair Bolsonaro's son met with U.S.
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Slowing and strengthening, Hurricane Dorian worries Florida
By Zachary Fagenson MIAMI (Reuters) - Hurricane Dorian churned toward Florida with more powerful winds and drenching rains on Friday, wreaking havoc on people's Labor Day weekend plans in one of America's biggest vacation destinations. In the Bahamas, evacuations were underway in the two days before Dorian was expected to bring a life-threatening storm surge of as much as 10 to 15 feet (3 to 4.5 meters) to the northwest of the islands, the National Hurricane Center said. On Florida's east coast, where Dorian's winds were expected to begin hitting on Monday morning, items ranging from bottled water to plywood were being bought as quickly as they could be restocked
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U.S. and China will meet in September, Trump says, but tariff hikes remain
By Jeff Mason WASHINGTON (Reuters) - Trade teams from China and the United States continue to talk and will meet in September, but tariff increases on Chinese goods set to go in place on Sunday will not be delayed, President Donald Trump said on Friday. The U.S
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Oklahoma hospital used dirty gastroscopes on almost 1,000 patients; no infections reported
By Chad Terhune (Reuters) - An unnamed hospital in Oklahoma used contaminated gastroscopes in procedures performed on nearly a thousand patients in recent months, device maker Pentax Medical told U.S. regulators last month, putting the patients at risk of exposure to bacteria that can cause infections. In a July 22 report https://ift.tt/2NGpdju that only recently became public and was reviewed by Reuters, Pentax told the Food and Drug Administration that a hospital used up to four gastroscopes contaminated with bacteria in 998 procedures performed sometime last year through June 2019, when the problem was discovered.
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In Trump’s team, misgivings emerge over any deal with Taliban in Afghanistan – U.S. officials
By Jonathan Landay and Steve Holland WASHINGTON (Reuters) - As negotiators work to nail down an agreement with the Taliban to withdraw U.S. troops from Afghanistan, misgivings have grown among some Trump administration officials and lawmakers that it will erode the United States' ability to thwart attacks from there, U.S. officials said.
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Exclusive – Messaging app Telegram moves to protect identity of Hong Kong protesters
By Joel Schectman WASHINGTON (Reuters) - Telegram, a popular encrypted messaging app, will allow users to cloak their telephone numbers to safeguard Hong Kong protesters against monitoring by Chinese authorities, according to a person with direct knowledge of the effort.
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Mexico president girds for key address ringed by problems, riding high in polls
By Dave Graham MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador gears up for his first state of the union address on Sunday with the economy flirting with recession, murders reaching record levels - and his popularity riding high. After taking office in December vowing to revive a sluggish economy and bring down violence, the veteran leftist Lopez Obrador has so far fallen short of the goals he set himself. But he has firmly installed himself at the centre of public consciousness with two-hour daily news conferences and rallies around Mexico which he uses to discredit adversaries and blame previous governments for the country's woes
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U.S. blacklists Iranian oil tanker Adrian Darya, sanctions captain
WASHINGTON (Reuters) - The U.S. Treasury Department on Friday blacklisted the Iranian oil tanker Adrian Darya, which is at the centre of a confrontation between Washington and Tehran, and sanctioned its captain. "Vessels like the Adrian Darya 1 enable the (Islamic Revolutionary Guard Corps-Quds Force) to ship and transfer large volumes of oil, which they attempt to mask and sell illicitly to fund the regime’s malign activities and propagate terrorism," Treasury Under Secretary Sigal Mandelker said in a statement.
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Thursday, August 29, 2019
First Amendment group asks Representative Ocasio-Cortez to unblock users
By David Shepardson WASHINGTON (Reuters) - The Knight First Amendment Institute at Columbia University said on Thursday it asked Democratic U.S. Representative Alexandria Ocasio-Cortez to unblock any Twitter users she has barred on the basis of their political views
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SEBI gives clean chit to 3 former NSE executives in co-location case, seeks action against 2
SEBI has been probing co-location facility provided by the NSE, including issues of preferential access to certain trading members
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U.S. House Democrats lose bid to fast-track Trump tax return lawsuit
By Jan Wolfe WASHINGTON (Reuters) - A U.S. judge refused on Thursday to fast-track a congressional lawsuit seeking to force disclosure of President Donald Trump's federal tax returns, saying it was a complicated and important matter that should not be rushed.
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New Mexico official orders cancellation of Jeffrey Epstein land leases
(Reuters) - New Mexico's attorney general on Thursday called for the cancellation of state land leases to Jeffrey Epstein as his office investigated allegations the late financier sexually abused girls and women at his ranch south of Santa Fe. The leased land forms part of Epstein's nearly 10,000-acre Zorro Ranch near Stanley, New Mexico, one of multiple luxury properties held by Epstein, who was found dead in a Manhattan jail cell on Aug.
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Hong Kong democracy activist Joshua Wong arrested ahead of weekend protests
HONG KONG (Reuters) - Hong Kong democracy activist Joshua Wong was arrested on Friday ahead of another weekend of planned protests in the Chinese-ruled city which is grappling with its biggest political crisis since its handover to Beijing more than two decades ago. Wong, the face of Hong Kong's push for full democracy during protests in 2014 that paralysed parts of the city for 79 days, was released from jail in June after serving a five-week term for contempt of court. "He was suddenly pushed into a private car on the street," Wong's political party Demosisto, which advocates for greater democracy in Hong Kong, said on its official Twitter account
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Colombian dissident rebel leader issues new call to arms three years after peace deal
By Luis Jaime Acosta and Julia Symmes Cobb BOGOTA (Reuters) - A group of former rebels from the Revolutionary Armed Forces of Colombia (FARC) said in a video posted overnight that they will embark on a new offensive, threatening to resume five decades of armed conflict against the government. Two former commanders from the group, known by their aliases Ivan Marquez and Jesus Santrich, appear in the 32-minute YouTube announcement, which Marquez said was filmed in Colombia's Amazon jungle.
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Trump says Florida faces ‘absolute monster’ hurricane
By Zach Fagenson and Gabriella Borter MIAMI/NEW YORK (Reuters) - Florida residents on Thursday were bracing for a hurricane that was threatening to smack into the centre of the state over the Labor Day weekend, and President Donald Trump said it appeared the storm's winds would be "unbelievably high." Trump cancelled a visit to Poland scheduled for the weekend and Florida's governor expanded a state of emergency to prepare for Hurricane Dorian, which is forecast to make landfall on the Atlantic coast Monday as a dangerous Category 4 storm. "Now it’s looking like it could be an absolute monster," Trump said in a video posted on Twitter, adding that food and water was being shipped to Florida
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Chinese troops in Hong Kong won’t ‘sit on hands’ if situation worsens – China Daily
SHANGHAI (Reuters) - Chinese soldiers stationed in Hong Kong are not there merely for symbolic purposes and they will have "no reason to sit on their hands" if the situation in the city worsens, an editorial in the China Daily newspaper said on Friday. China on Thursday completed what it called a routine rotation of the air, land and maritime forces stationed in the former British colony, which has been rocked since June by a wave of sometimes violent demonstrations.
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Oil dips after three days of gains
TOKYO (Reuters) - Oil prices eased on Friday after three days of gains, with concerns about the state of the global economy amid the U.S.-China trade war keeping prices in check. U.S. oil fell 6 cents, or 0.1%, to $56.65 a barrel by 0050 GMT.
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Asian shares rise on conciliatory trade tone but mood cautious
By Swati Pandey SYDNEY (Reuters) - Asian shares ticked higher on Friday as China struck a hopeful tone on trade with the United States but continued fears about a global growth slowdown, or even a recession, capped sharp rallies. Investors were focused on a string of economic releases due over the weekend including China's official manufacturing survey which would provide a good gauge of the real impact from the Sino-U.S
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China’s Xi says ‘bigger step’ possible in offshore oil, gas development with Philippines
SHANGHAI (Reuters) - Chinese President Xi Jinping said China and the Philippines could take a "bigger step" in the joint development of oil and gas resources in the South China Sea if they can "properly" handle their dispute over sovereignty. Xi made the remarks on Thursday in a meeting in Beijing with Philippine President Rodrigo Duterte, who has positioned himself as a friend of Beijing but has come under growing pressure at home to push back against China's maritime assertiveness
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UK calls for broad support to tackle Gulf shipping threats
LONDON (Reuters) - British Foreign Minister Dominic Raab will call for more international support to protect shipping in the Strait of Hormuz when he meets his French and German counterparts later on Friday for talks about Iran. Last month, Iran seized a British-flagged oil tanker in the strait, the Gulf's outlet to the open seas, in apparent retaliation for Britain's seizure in Gibraltar of an Iranian ship accused of violating European sanctions by taking oil to Syria. Britain joined a U.S.-led mission to escort merchant vessels through the Strait of Hormuz at the start of August but Germany and France declined to take part amid fears that it could increase the chance of open conflict with Iran.
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Vaccines group seeks $7.4 billion to save up to 8 million lives
TOKYO (Reuters) - The GAVI global vaccines alliance on Friday called on donors for $7.4 billion to help immunize 300 million children against life-threatening diseases between 2021 and 2025, and save up to eight million lives. GAVI, which is backed by the Bill & Melinda Gates Foundation, the World Health Organisation (WHO), donor governments and others, funds immunisation programmes for poor nations that cannot afford to buy vaccines at rich-world prices. "Over the past two decades the Vaccine Alliance has helped to protect a generation against some of the world's deadliest diseases," GAVI CEO Seth Berkley said in a statement
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As Dorian looms, Florida’s Space Coast braces for possible unprecedented impact
By Joey Roulette WASHINGTON (Reuters) - As Hurricane Dorian advances on a course likely to slam the Florida peninsula within days, U.S. space agencies and aerospace companies are sheltering millions of dollars in hardware and assets along the Space Coast.
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Trump cancels Poland trip as Hurricane Dorian gains strength
By Zach Fagenson and Gabriella Borter MIAMI (Reuters) - President Donald Trump cancelled a visit to Poland on Thursday and Florida's governor expanded a state of emergency to prepare for Hurricane Dorian, which is forecast to make landfall on the Atlantic coast Monday as a dangerous Category 4 storm.
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Trump may block $250 million in aid to Ukraine: officials
WASHINGTON (Reuters) - The White House is reviewing whether $250 million in military assistance should be sent to Ukraine in keeping with President Donald Trump's view that U.S. foreign aid must be justified, two senior administration officials said on Thursday
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North Korea changes constitution to solidify Kim Jong Un’s rule
By Josh Smith SEOUL (Reuters) - North Korea's parliament has approved changes to the country's constitution to solidify leader Kim Jong Un's role as head of state, official state media said on Thursday. The move comes after Kim was formally named head of state and commander-in-chief of the military in a new constitution in July that analysts said was possibly aimed at preparing for a peace treaty with the United States.
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As fall begins in Alaska, wildfires linked to warming rage on
By Yereth Rosen SEWARD, Alaska (Reuters) - Leaves in Alaska are changing colour and the rainy season is supposed to begin, but wildfires are raging on in an unusually long and fierce fire season that scientists say is linked to the far north's long-term climate warmup.
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Epstein criminal case dismissed following his death, probe continues
By Brendan Pierson NEW YORK (Reuters) - A federal judge on Thursday formally dismissed the criminal sex trafficking case against Jeffrey Epstein, as prosecutors continue to investigate whether co-conspirators helped the financier before his death this month. U.S
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Dell beats profit estimates on higher desktop sales; shares rise 9%
(Reuters) - Dell Technologies Inc beat Wall Street profit estimates on Thursday, helped by higher demand for desktops, as well as a focus on more profitable contracts within its server unit in China, sending the company's shares up 9% in extended trading.
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Signs of new U.S.-China trade discussions emerge as increased tariffs loom
By David Lawder and Stella Qiu WASHINGTON/BEIJING (Reuters) - The United States and China gave signs on Thursday that they will resume trade talks as the two economic superpowers discussed the next round of in-person negotiations in September ahead of a looming deadline for additional U.S. tariffs
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Wednesday, August 28, 2019
Pinterest will direct vaccine searches to major health groups
By Elizabeth Culliford (Reuters) - Pinterest Inc users searching for vaccine-related information will be shown results from leading public health groups, in an effort to combat health misinformation on the site, the social media company said in a blog post on Wednesday. The move is an aggressive effort to moderate content by the newly public social media company. Social media platforms have been increasingly under fire for promoting misleading and incorrect content, including by opponents of vaccination.
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U.S. warship sails near disputed South China Sea islands amid trade tensions
By Idrees Ali WASHINGTON (Reuters) - A U.S. Navy destroyer sailed near islands claimed by China in the South China Sea on Wednesday, the U.S. military said, a move likely to anger Beijing at a time of rising tensions between the world's two largest economies
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As maritime rows resurface, Duterte readies to raise ruling with China
By Martin Petty MANILA (Reuters) - When Philippine leader Rodrigo Duterte visits China this week, he'll need to salvage something from a "pivot" to Beijing that has left him empty-handed, and exposed his neighbours to a new level of brinkmanship in the South China Sea. Despite his huge domestic popularity and great affection for China, Duterte is under growing pressure to push back at its growing maritime assertiveness.
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China rotates new batch of troops into Hong Kong
BEIJING (Reuters) - China's military has rotated a new batch of troops into Hong Kong describing the move as routine, state media said on Thursday, as protests against Beijing continue to rock the Asian financial hub. Asian and Western diplomats in Hong Kong watching the People's Liberation Army (PLA) movements had been expecting a routine rotation about this time and will be looking closely for any sign of increased numbers or unusual activity. Hong Kong has been engulfed in angry and sometimes violent protests against the government for three months, sparked by a now-suspended extradition bill and concerns that Beijing was trying to bring the territory under greater mainland control
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Turkey’s Erdogan says won’t allow U.S. stalling in Syria deal
By Daren Butler ISTANBUL (Reuters) - President Tayyip Erdogan said Turkey's deal with the United States to set up a "safe zone" in northeast Syria was a correct step and that Ankara would not let Washington delay the plan, CNN Turk reported on Thursday. Ankara revealed last weekend that a joint operations centre for the proposed zone along Syria's northeastern border is now fully operational. [L5N25K0F1] Washington and Ankara have been at odds over plans for the region, where the Kurdish YPG militia form the main part of a U.S.-backed force fighting Islamic State
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Trump administration tightens citizenship rules for children of U.S. military abroad
(Reuters) - Children born to U.S. citizens stationed abroad as government employees or members of the U.S. military will no longer qualify for automatic American citizenship under a policy change unveiled on Wednesday by the Trump administration.
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Trump slams ‘corrupt’ Puerto Rico as Hurricane Dorian skirts island
By Andrew Hay (Reuters) - President Donald Trump lashed out at Puerto Rico on Wednesday, calling it "one of the most corrupt places on earth" before an approaching hurricane skirted the U.S. territory, stirring up memories of previous devastating storms. Puerto Rico is still struggling to recover from back-to-back hurricanes in 2017 that killed about 3,000 people soon after the island filed for bankruptcy
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U.S. warship sails near South China Sea islands claimed by China
By Idrees Ali WASHINGTON (Reuters) - A U.S. Navy destroyer sailed near islands claimed by China in the South China Sea on Wednesday, the U.S. military said, a move likely to anger Beijing at a time of rising tensions between the world's two largest economies
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Bond yields near record lows, shares struggle on darkening global outlook
By Hideyuki Sano TOKYO (Reuters) - Global bond yields flirted with record low levels while stocks struggled to recover on Thursday as economic turbulence from intensifying U.S-China frictions and the spectre of a no-deal Brexit drove investors to safer harbours. MSCI's broadest index of Asia-Pacific shares outside Japan was flat in early trade while Japan's Nikkei rose 0.14%
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Oil prices hold gains after U.S. inventory drawdown
TOKYO (Reuters) - Oil prices clung to gains on Thursday after official data confirmed a big drop in U.S.
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Stocks to rise as rate cuts beat back trade worries for now – Reuters poll
By Vivek Mishra and Rahul Karunakar BENGALURU (Reuters) - World stocks will keep rising over the coming year, according to the latest Reuters polls of strategists, but wild gyrations are likely in the lift from expected central bank policy easing and drag from developments in the U.S.-China trade war. Fears of a global economic slowdown as the world's largest economies become more deeply locked in a tit-for-tat trade tariff war unnerved world stocks last year, with all the indexes polled by Reuters, barring India and Brazil, in the red in 2018
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UK car output slumps nearly 11% in July on weak export demand
LONDON (Reuters) - British new car production fell by an annual 10.6 percent in July, the 14th consecutive month of declines due to weak demand in EU and Asian markets and model changes, an industry body said on Thursday. Car demand has been hit by a number of factors in recent months including a slump in sales of diesel vehicles in Europe and weakening demand in China, the world's biggest automotive market. Last month, British car factories churned out 108,239 cars, hit by a 14.6% drop in exports, which account for four in five vehicles, whilst production for domestic demand rose 10.2%, the Society of Motor Manufacturers and Traders (SMMT) said
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Struggling jewellery maker Pandora to relaunch brand at LA event
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Pandora , the world's biggest jewellery maker, will relaunch its brand at an event in Los Angeles later on Wednesday as it tries to attract middle-class shoppers seeking affordable luxury back to its stores. The Denmark-based company, best known for its customisable silver charm bracelets, will completely revamp the design of its 2,700 shops worldwide, unveil a new logo, increase marketing campaigns featuring celebrities and launch themed collections, including Harry Potter and Walt Disney's Frozen
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Explainer: U.S. dollar intervention: What would it take?
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The strength of the U.S. dollar has long been a thorn in President Donald Trump's side. That has put the almost unthinkable scenario of currency intervention up for debate in global foreign exchange circles
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PVH cuts profit and revenue forecast as tariffs, Hong Kong protests bite
(Reuters) - PVH Corp cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong. U.S
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Argentina to extend maturities of international bonds, IMF debt – Treasury minister
By Eliana Raszewski and Hugh Bronstein BUENOS AIRES (Reuters) - Argentina will negotiate with holders of its international bonds and the International Monetary Fund to extend the maturities of its debt obligations, as a way of ensuring the country's ability to pay, Treasury Minister Hernan Lacunza said on Wednesday.
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Factbox: South Korea’s top court ruling on Samsung heir and ex-president
By Ju-min Park SEOUL (Reuters) - Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y.
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Samsung heir braces for top court ruling in ex-president bribery case
By Ju-min Park and Heekyong Yang SEOUL (Reuters) - Samsung Group will discover the fate of its de facto leader on Thursday as South Korea's Supreme Court rules whether to uphold the bribery conviction of Jay Y. Lee, in a scandal that unseated the president and trained public ire on corporate untouchables. The ruling will also determine how much Lee, 51, can focus on steering the group's flagship Samsung Electronics Co Ltd through falling profitability and Japanese export curbs on materials crucial for the world's leading chipmaker
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Tuesday, August 27, 2019
SpaceX’s Mars rocket prototype rattles nerves of nearby residents in Texas flight test
By Joey Roulette (Reuters) - SpaceX test-launched an early prototype of the company's Mars rocket on Tuesday, rattling the nerves of people living near the Texas site and clearing another key hurdle in billionaire entrepreneur Elon Musk's interplanetary ambitions.
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Japan issues emergency warning after life-threatening rains in south
TOKYO (Reuters) - Japan's meteorological agency issued an emergency warning to residents of Kyushu as the southern island suffered record levels of rain early on Wednesday that threatened to cause landslides, floods and other natural disasters.
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Explosions hit Gaza police checkpoints, three dead – officials
By Nidal al-Mughrabi GAZA (Reuters) - Explosions hit two police checkpoints in the Gaza Strip on Tuesday, killing three officers and wounding several other Palestinians, the Hamas-run interior ministry said, declaring a state of emergency after the blasts. Such attacks on Hamas, which has the most powerful armed apparatus in the enclave, were rare.
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Chinese diplomat says Hong Kong facing worst crisis since 1997 handover
SHANGHAI (Reuters) - Senior Chinese diplomat Wang Yi told a Hong Kong business delegation that more support should be given to the city's government to end violence that has evolved into the biggest crisis it has faced since the return to Chinese rule in 1997. Hong Kong has been engulfed in angry and sometimes violent protests against the government for three months, sparked by a now-suspended extradition bill and concerns that Beijing was trying to bring the territory under greater mainland control. Police fired water cannon and tear gas at anti-government demonstrators on Sunday, and Hong Kong leader Carrie Lam later warned that authorities would be forced to stamp down on the escalating violence
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Bimal Jalan panel says RBI can pay interim dividend to govt only under exceptional circumstances; recommends review of ECF every 5 years
The Bimal Jalan panel was constituted by the central bank in consultation with the government to review the extant ECF of the RBI
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Business group issues wake-up call on China’s corporate ‘social credit’ plan
By Michael Martina BEIJING (Reuters) - The rollout of China's controversial corporate "social credit system" is well under way and accelerating, a European business lobby in the country said on Wednesday, warning that foreign governments need to wake up to the plan's potential risks. Beijing has been developing a globally unprecedented plan to give companies and individual people "social credit" scores, a goal that has drawn international concerns that it could heighten to Orwellian levels the already strict control that the ruling Communist Party has over society and the economy. In a roadmap plan released in 2014, China said it would by 2020 create the system to reward or punish individuals and corporations using technology to record various measures of financial credit, personal behaviour and corporate misdeeds.
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Asian stocks find modest support on firmer U.S. futures
By Stanley White TOKYO (Reuters) - Asian shares eked out meagre gains on Wednesday, as higher Wall Street futures provided some relief for investors after an overnight U.S. selloff, though deeper worries about the global economy are likely to keep a lid on sentiment.
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Exclusive: Financial hit from 737 MAX will not slow appetite for services deals – Boeing CEO
By Eric M. Johnson EVERETT, Wash. (Reuters) - Boeing Co's chief executive said on Tuesday that the financial fallout from the grounding of its 737 MAX jetliner would not slow the world's largest planemaker's appetite for deals in the higher-margin aircraft services sector.
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Brazil says open to aid for Amazon fires, but will decide how it’s used
By Lisandra Paraguassu and Leonardo Benassatto BRASILIA/PORTO VELHO, Brazil (Reuters) - Brazil said on Tuesday it was ready to accept foreign aid to help fight fires in the Amazon but only if it could determine how it was spent, in an apparent attempt to smooth over a public spat between the Brazilian and French presidents. The comments by presidential spokesman Rego Barros came after governors of states in the Brazilian Amazon told President Jair Bolsonaro that they needed the money to help fight the record wildfires in the world's largest tropical rainforest. "The Brazilian government, through its president, is open to receiving financial support from organizations and countries.
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Tropical Storm Dorian heads toward Puerto Rico, Dominican, expected to strengthen
BRIDGETOWN (Reuters) - Tropical Storm Dorian churned toward Puerto Rico and the Dominican Republic on Tuesday and was expected to be close to hurricane strength when it nears the islands on Wednesday. In anticipation of the storm, Puerto Rico Governor Wanda Vazquez declared a state of emergency late on Monday for the U.S. territory, which was devastated in September 2017 by Hurricanes Irma and Maria.
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Florida police blame staff neglect for post-hurricane nursing home deaths
By Zachary Fagenson MIAMI (Reuters) - A dozen Florida nursing home patients who died from sweltering heat during a 2017 post-hurricane power outage were victims of neglect by four caregivers jailed this week to face manslaughter charges, and more arrests are expected, police said on Tuesday. The former manager and three nurses who worked at the now-closed Rehabilitation Center at Hollywood Hills, north of Miami, "failed to protect their patients and render aid when it was needed most," Hollywood Police Chief Chris O'Brien told a news conference, detailing the two-year investigation.
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Virgin Australia to merge units, cut jobs as it swings to FY loss
(Reuters) - Virgin Australia Holdings said on Wednesday it would merge three of its business divisions and cut 750 jobs, in a turnaround bid after swinging to an annual underlying loss due to higher fuel prices and a weaker currency. The company, which also appointed a new finance chief, said it will integrate the corporate, operational and commercial functions of Virgin Australia Airlines, Virgin Australia Regional Airlines and Tigerair Australia into "single functions and points of accountability". Virgin said it expects A$75 million in cost savings by the end of fiscal 2020 from the reduction of 750 corporate and head office roles.
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Third of UK’s top companies to cut executive pensions – investor body
By Lena Masri LONDON (Reuters) - Nearly a third of the companies in Britain's FTSE 100 index of blue chip firms have agreed to cut pension payments for executives, the Investment Association said on Wednesday, amid increasing scrutiny of the gap between bosses' and ordinary workers' pensions in Britain. In February, the Investment Association, which represents big asset managers, said a company would be "red-topped" if it did not explicitly state that any new executive director would have pension contributions set in line with the majority of employees.
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UK employers want more staff, but fear shortages as Brexit nears – survey
LONDON (Reuters) - British employers plan to hire more staff even as they remain pessimistic about the economy in the run-up to Brexit, according to a survey published on Wednesday which showed no sign of a weakening of the strong labour market. But the Recruitment & Employment Confederation (REC) said severe skill shortages remained, especially in the public sector, and the government's proposed restrictions on European Union workers after Brexit could make them worse. Hiring intentions improved for permanent staff in the short and medium term, the REC survey showed.
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Monday, August 26, 2019
As Narendra Modi deftly concludes successful G7 Summit visit, Pakistan would do well to read writing on the wall
It seems that brick after brick is falling into place for Prime Minister Narendra Modi in his effort to build a wall of support for India
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Realme 5 with 48 MP camera, 5,000 mAh battery to go on sale today at 12 pm
The Realme 5 has a 6.5-inch HD+ IPS LCD display and runs on the Qualcomm Snapdragon 665 SoC.
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Daily Bulletin: SC to hear Chidambaram’s plea against remand order; Jaishankar to begin two-day visit to Russia; day’s top stories
Daily Bulletin: Supreme Court to hear former finance minister P Chidambaram's plea against remand order today; Priyanka Gandhi Vadra to visit Rae Bareli rail coach factory; day's top stories
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Xiaomi Mi A3 to go on sale today at 12 pm: Launch offers, pricing, specifications
Mi A3 features a 6.08-inch AMOLED display with an HD+ resolution and packs with a 4,030 mAh battery.
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Eggs from last pair of northern white rhinos in the world fertilised artificially
Rampant poaching has reduced the number of rhinos to ~650 in Kenya today, nearly all of which are black rhinos.
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Jet Airways stake sale: Lenders of bankrupt airline give third extension for EoI to 31 Aug
The bankruptcy court had on 20 June appointed Ashish Chhawchharia as RP, who late last month had floated EoIs for Jet Airways that stopped flying mid-April.
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Exclusive: Brazil’s Petrobras refineries sale lures trading cos, PetroChina, Saudi Aramco – sources
By Tatiana Bautzer and Rodrigo Viga Gaier SAO PAULO/RIO DE JANEIRO (Reuters) - Brazil's planned privatisation of eight Petroleo Brasileiro SA refineries has lured several of the world's largest trading and oil companies as prospective bidders, two sources with knowledge of the matter said. Around 20 companies have signed non-disclosure agreements granting them access to the refineries' data and signalling that they are considering a bid, the sources added, speaking on condition of anonymity to disclose private details of the sale.
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Asia stocks, bond yields rise as trade war fears ease
By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks tracked global peers higher on Tuesday while safe-haven bonds sold off as signs Sino-U.S.
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INX Media case: P Chidambaram to remain in CBI custody till 30 Aug; Supreme Court extends protection from ED arrest till today
Senior Congress leader and former finance minister P Chidambaram will be subjected to custodial interrogation by the Central Bureau of Investigation (CBI) for another four days as a Delhi court sent him to the agency's custody till 30 August in the INX Media case
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Oil rises after Trump says China trade deal likely
TOKYO (Reuters) - Oil prices rose on Tuesday after U.S. President Donald Trump said he expected to sign a trade deal with China, calming nerves after a round of tit-for-tat tariff hikes had sent markets reeling
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Ferdinand Piech, architect of VW’s global expansion, dies aged 82 – Bild
By Edward Taylor FRANKFURT (Reuters) - Ferdinand Piech, Volkswagen AG's former chairman and chief executive, who transformed the German company from a struggling midsized carmaker into a global automotive powerhouse, has died, German tabloid Bild said on Monday. Piech, 82, died on Sunday in Rosenheim, Bavaria, the German tabloid said, without citing sources. A representative for the Piech and Porsche families, who still control a majority stake in Volkswagen through their family holding company Porsche SE, had no immediate comment
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J&J liable for $572 million in Oklahoma opioid epidemic trial; shares rise
By Heide Brandes and Nate Raymond NORMAN, Okla./BOSTON (Reuters) - An Oklahoma judge on Monday ordered Johnson & Johnson to pay $572.1 million to the state for its part in fuelling an opioid epidemic by deceptively marketing addictive painkillers, a sum that was substantially less than investors had expected, driving up J&J's shares. The state's attorney general had filed the lawsuit, seeking $17 billion to address the impact of the drug crisis on Oklahoma.
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