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EU adopts tighter investment sanctions on Crimea »



BRUSSELS (Reuters) – European Union governments adopted tighter restrictions on European investment in Crimea on Thursday, targeting Russian Black Sea oil and gas exploration and tourism, an EU official said. Powered by WPeMatico…

Dec 18 2014 / No Comment / Read More »

Putin reassures Russians ruble will rise again »


MOSCOW (Reuters) – President Vladimir Putin said on Thursday Russia’s economy would rebound after the ruble’s collapse against the dollar but warned that it could take two years for the country to emerge from crisis. Powered by WPeMatico…

Dec 18 2014 / No Comment / Read More »

Angry lawmakers force delay in vote on Kenyan security law »

NAIROBI (Reuters) – Kenyan opposition lawmakers disrupted a vote on Thursday to authorize tough terrorism-related measures that rights activists say threaten civil liberties and free speech, forcing the parliamentary speaker to postpone the session. Powered by WPeMatico…

Dec 18 2014 / No Comment / Read More »
Financial markets

ARM outperforms as Britain's FTSE extends gains on Fed boost »

* Petrofac and oil stocks rise as oil price bounces off lows Powered by WPeMatico…

Dec 18 2014 / No Comment / Read More »

Fitch: Rouble, Rates Moves Heighten Russian Economy Risks »

(The following statement was released by the rating agency) MOSCOW/LONDON, December 18 (Fitch) Risks to Russia’s economy in 2015 have been increased by this week’s…

Dec 18 2014 / No Comment / Read More »

Private equity firm Carlyle names insider as CFO »

(Reuters) – Carlyle Group LP has named Curtis Buser, the private equity firm’s chief accounting officer since 2004, as its next chief financial officer, succeeding…

Dec 18 2014 / No Comment / Read More »

China's to sell Gap clothing, vying with Alibaba to woo Western brands »

BEIJING (Reuters) – China’s Inc has partnered Gap Inc to sell the U.S. clothing retailer’s apparel online in China, as the Beijing-based e-commerce company…

Dec 18 2014 / No Comment / Read More »

HIGHLIGHTS-Putin says Russian economy will rebound, wants political solution in Ukraine »

MOSCOW, Dec 18 (Reuters) – Russian President Vladimir Putin held his annual end-of-year news conference on Thursday. Below are extracts of the news conference: Powered…

Dec 18 2014 / No Comment / Read More »
World Sport

Putin says Russia will not stint on spending for 2018 World Cup


MOSCOW (Reuters) – Russian President Vladimir Putin said Russia would not stint on spending money to stage the soccer World Cup in 2018 at an end-of-year news conference…

Dec 18 2014 / Read More »

Federal judge rebuffs NCAA concussion settlement


(Reuters) – A federal judge on Wednesday rebuffed a $75-million NCAA settlement that aimed to end a massive class-action lawsuit over head injuries suffered by student athletes, court…

Dec 18 2014 / Read More »

Deep Mavericks lighten load on Nowitzki


NEW YORK (Reuters) – Dirk Nowitzki can still fill up the basket in his 17th season with the NBA’s Dallas Mavericks, but it has become time to lighten…

Dec 18 2014 / Read More »

Crosby back on ice after mumps diagnosis, others tested


(Reuters) – Sidney Crosby, one of the latest National Hockey League (NHL) players diagnosed with the mumps, returned to the ice on Wednesday but it was uncertain as…

Dec 17 2014 / Read More »

NFL's 49ers release McDonald amid sexual assault investigation


(Reuters) – The San Francisco 49ers released defensive tackle Ray McDonald on Wednesday after police said he was a possible suspect in a sexual assault case. Powered by…

Dec 17 2014 / Read More »

U.S, China making progress on biotech crop talks: USDA's Vilsack


CHICAGO (Reuters) – The United States and China are making progress in talks over Beijing’s acceptance of new biotechnology for crops, U.S. Agriculture Secretary Tom Vilsack said on…

Dec 17 2014 / Read More »

U.S. consumer bureau sues Sprint for phone bill 'cramming'


WASHINGTON (Reuters) – The U.S. Consumer Financial Protection Bureau on Wednesday filed a lawsuit against Sprint Corp over unauthorized charges on customers’ cellphone bills, a practice known as…

Dec 17 2014 / Read More »

NASA rover finds organic molecules, methane gas on Mars


Reuters – NASA’s Mars rover Curiosity has found carbon-containing compounds in samples drilled out of an ancient rock, the first definitive detection of organics on the surface of…

Dec 16 2014 / Read More »

FCC eyes $105 million fine for Sprint over phone bill 'cramming'


WASHINGTON (Reuters) – U.S. wireless carrier Sprint Corp is expected to face a $105 million fine from the Federal Communications Commission in coming weeks over unauthorized charges on…

Dec 16 2014 / Read More »
Business News

Warnings but little action as South Korea risks deflation

SEOUL (Reuters) – South Korea’s government has warned of Japan-style deflation taking hold but its response so far risks repeating the mistakes Japan made 25 years ago –…

Dec 1 2014 / Read More »

Regulator's Wall Street data collection plan too costly, invasive: SIFMA

(Reuters) – A massive data collection system that Wall Street’s industry-funded watchdog is pushing in order to ramp up oversight would cost clearing firms $680 million to build,…

Dec 1 2014 / Read More »

Putin drops South Stream gas pipeline to EU and courts Turkey instead

ANKARA (Reuters) – Russia on Monday scrapped the South Stream pipeline project to supply gas to southern Europe without crossing Ukraine, citing EU objections, and instead named Turkey…

Dec 1 2014 / Read More »

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