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http://www.reuters.com/article/us-nfl-seahawks-kennedy-idUSKBN18J2UE
http://www.reuters.com/article/us-nfl-seahawks-kennedy-idUSKBN18J2UE
NFL Hall of Famer Cortez Kennedy dies at 48
null
null
['Tom James']
01-01-2021
reuters.com
null
success_wayback
gen
182,738
[0.949999988079071]
['(Reuters) - Cortez Kennedy, one of the greatest ever running backs in the NFL, has died at age 48, the San Francisco 49ers announced on Wednesday.\nFILE PHOTO: NFL - Los Angeles Rams - Rose Bowl Stadium, Pasadena, California, U.S. on February 2, 2014. REUTERS/Mario Anzuoni/File Photo\nKennedy, the son of former Louisville coach/coach John Kennedy, came to fame in the 1980s when he broke the NFL rushing record for a year with one of the most iconic runs in NFL history.\n“(Sen. Ted) Johnson and I discussed this over lunch. And while Joe Kennedy told me he wished he was playing football, the rest of the conversation focused on football,” a statement from the team said on Twitter.\nKennedy’s sudden death is a major blow to football, whose future at the top of the game is increasingly in doubt after franchise quarterback Tim Tebow recently announced his retirement.\n(This version of the story changes to add quotes in first paragraph.)\n']
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http://www.reuters.com/article/us-usa-economy-idUSKBN18J20O
http://www.reuters.com/article/us-usa-economy-idUSKBN18J20O
Housing recovery intact despite drop in new home sales
null
null
['Lucia Mutikani']
01-01-2021
reuters.com
null
success_wayback
gen
182,740
[0.949999988079071]
['NEW YORK (Reuters) - New homes, the linchpin of the U.S. economy, are strong enough to resume gaining traction despite a drop in sales this week, bolstered by seasonal weather, a government report showed on Tuesday.\nThe housing data was the latest in a string of positive employment and government data in the two months since the government counted housing-related housing activity.\nThe closely watched housing report, however, still left policymakers more frustrated than ever with both rising home prices and soft job growth, leaving them little room to raise borrowing costs.\nEconomists cautioned against reading too much into such quarterly releases. They said continued uncertainty over whether a global financial crisis that started in 2008 and ended in 2011 would slow the pace of the rise in new home sales suggests consumers will take their eye off the single-family homes market, which still has the strongest foothold in America.\n“After the Bank of England (BoE) ignored the 10 percent rate hike rates for an entire year, the impending fiscal cliff could have been a tailwind for American homebuilders,” said Merrill Lynch economist Bob Brennan.\nNoting a resumption of building comes as the U.S. housing market strengthens, Robert Shiller of the University of California, Berkeley, said in a note to clients that existing home sales are expected to show rising gains this year.\nThis contributed to a 0.6 percent gain in new home sales on Tuesday. Sales fell 2.2 percent in December.\nSales of previously owned homes, a major source of new housing, rose 2.1 percent in December after falling 1.1 percent in November.\nEconomists believe they will resume building back some of the gains made in December.\nThat was offset by a separate report from the Housing Recovery Index of 100 economic indicators, which showed that households in regions including California, Florida and Illinois have been more optimistic about the outlook than previously thought.\nThe U.S. housing recovery is continuing to draw interest from many buyers and new home sales could jump to all-time highs next month, according to a Reuters poll conducted for the index.\nThe improvement in home prices, which peaked at 1.5 percent in mid-2015, is expected to continue into the second half of the year. But a slower U.S. job market is expected to prompt more purchases and keep prices high enough to support healthy growth.\nEconomists said a boost to sales could accelerate the pace of recovery in the final months of the year, and extend the rise in the new home sales index beyond the first quarter of next year.\nBut a cautious outlook on the new home sales index remains one reason for cautious purchases.\n“The market continues to experience more months of moderate strength from last year than normal, though the recent rebound suggests some good work in leveling off a few months later,” said Robert Swan, head of economic forecasting at UBS in New York.\n']
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1,002
http://www.reuters.com/article/us-fiat-chrysler-emissions-idUSKBN18J28F
http://www.reuters.com/article/us-fiat-chrysler-emissions-idUSKBN18J28F
U.S. government sues Fiat Chrysler over excess emissions
null
null
['David Shepardson']
01-01-2021
reuters.com
null
success_wayback
gen
182,741
[0.949999988079071]
['A Fiat Chrysler vehicle is pictured outside a dealership in the Miura District, in western Russia, December 12, 2015.\nWASHINGTON (Reuters) - The U.S. Justice Department sued Fiat Chrysler Automobiles NV over emissions and safety violations, accusing the auto maker of "false and misleading statements" in a broad U.S. antitrust lawsuit filed on Thursday.\nThe defendants include Italian Fiat Chrysler (FCAU.N) and Russian-based Fiat, which have big U.S. truck dealerships and are rapidly courting drivers with fast-growing China. The lawsuits allege that Fiat Chrysler executives had made misleading statements to dealers about rules for reaching the level of United States law, and they failed to accurately report the amount of money Fiat Chrysler invested to U.S. federal agencies.\n"It is quite clear that most evidence suggests that Fiat Chrysler engaged in misleading statements in the United States about U.S. requirements to meet the law. In such a way that such misleading statements caused consumers to significantly increase their exposure to auto emissions," the Justice Department said in a statement.\nIn the lawsuit, filed in federal court in Pittsburgh, Justice Department officials say Fiat Chrysler\'s U.S. market share in the construction and repair sector has fallen to 22 percent from 56 percent in 2008. That has now dropped to 12 percent in 2017, according to regulatory filings.\nThe executives, who worked alongside Fiat Chrysler\'s chief executive Sergio Marchionne and his team, were not immediately available for comment.\nRepresentatives for General Motors Co (GM.N) and Fiat Chrysler Automobiles declined to comment on the lawsuit.\n"Notwithstanding the manufacturing failings, Fiat Chrysler continues to maintain meaningful control over U.S. greenhouse gas emission standards," the company said in a statement.\nBoth Fiat Chrysler and GM have broad infrastructure programs aimed at maintaining enough greenhouse gas efficiency to meet the American climate-friendly 2025 goals, which officials have called the most ambitious target for the auto industry since the 1970s.\n']
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0.9755117297172546, 0.06187358498573303, 0.991650402545929, 0.022493524476885796, 0.0006933739059604704, 0.018125735223293304, 0.5715386867523193, 0.09669420123100281, 0.9998200535774231, 0.9996860027313232, 0.9865158796310425, 0.005143620539456606, 0.8070918321609497, 0.04516109451651573, 0.359597384929657, 0.327193945646286, 0.5764686465263367, 0.08319096267223358, 0.9114546775817871, 0.7717629075050354, 0.7933467626571655, 0.9296351075172424, 0.8863316774368286, 0.6276654601097107, 0.0018264084355905652, 0.24063603579998016, 0.9395470023155212, 0.939821183681488, 0.2142888456583023, 0.23487088084220886, 0.00011208430805709213, 0.0005753909354098141, 0.033967167139053345, 0.06552714109420776, 0.9879966378211975, 0.0017426098929718137, 0.00031683905399404466, 0.025974227115511894, 0.8870568871498108, 0.006815684027969837, 0.7018807530403137, 0.5554692149162292, 0.2566225528717041, 0.003779233433306217, 0.007966126315295696, 0.05664261430501938, 0.0699528232216835, 0.05312154069542885, 0.26186567544937134, 0.2582279443740845, 0.14779210090637207, 0.0032666788902133703, 0.4750801622867584, 0.062427595257759094, 0.2844081521034241, 0.2004278600215912, 0.7951586246490479, 0.027397476136684418, 0.16680222749710083, 0.38128820061683655, 0.11056624352931976, 0.9710525274276733, 0.0703282430768013, 0.7570605874061584, 0.21389764547348022, 0.9966879487037659, 0.9703214168548584, 0.9179949760437012, 0.07296562939882278]]
1,003
http://www.reuters.com/article/us-morgan-stanley-workers-idUSKBN18J2SD
http://www.reuters.com/article/us-morgan-stanley-workers-idUSKBN18J2SD
Morgan Stanley to curb veteran adviser recruiting
null
null
['Elizabeth Dilts']
01-01-2021
reuters.com
null
success_wayback
gen
182,744
[0.949999988079071]
['FILE PHOTO: Managing Director of Morgan Stanley, UK Trust Trust Company Jason Ohland and James Seidl-Tillock in this file photo taken November 30, 2016. REUTERS/Paul Hackett/File Photo\n(Reuters) - Morgan Stanley (MS.N) said on Tuesday it would extend the hours that top division executives are in position to recruit a more experienced retail banker and actively build a branch of a veteran financial advisory unit, as it grapples with continuing claims from former employees that they, too, had relied on the uneducated for money.\nFinancial advisors have become increasingly important in areas such as the retail banking environment amid a rise in bank wealth management businesses. Bankers remain a primary source of investment advice in these groups.\nThe bank said it now encourages its top rank executives to take regular part in opening and branch locations. In those instances, the college will encourage college staff, who need to fill in a statement to come in and get a job, to move forward and feel comfortable, Morgan Stanley said.\nMany of the academy members are college graduates who found their way to the bank in 2003 by forming a career group rather than choosing a closer branch.\n']
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1,004
http://www.reuters.com/article/us-usa-northkorea-intelligence-idUSKBN18J24U
http://www.reuters.com/article/us-usa-northkorea-intelligence-idUSKBN18J24U
North Korea, if left unchecked, on ’inevitable’ path to nuclear ICBM: U.S.
null
null
['Phil Stewart and Idrees Ali']
01-01-2021
reuters.com
null
success_wayback
gen
182,745
[0.949999988079071]
["FILE PHOTO: A U.S. missile shield, based on a sub-sea missile shield, is seen at Macau port near Port Le'an in Hong Kong, China March 23, 2017. REUTERS/Tyrone Siu/File Photo\nWASHINGTON (Reuters) - North Korea could someday reach a nuclear-tipped missile capable of hitting the United States and other Western nations without a modified version of the U.S. So-called Aegis ballistic missile shield or other new features, U.S. Air Force Rear Admiral Joseph Anthony Moss told U.S. senators on Tuesday.\nAgency spokesman Mark Welsh told lawmakers that an updated system that could shield sea-based missiles rather than ballistic-missile warheads could be ready to deploy on the June 27 deadline.\n“If North Korea is going to meet that deadline, it will probably only need a modification to its existing range,” Welsh said, adding that “from a cost perspective it would likely cost less to do it on the ground than deploying it on America’s soil.”\nMore broadly, he said, “there would probably be situations where it’s unclear whether there was any limited capability they could acquire.”\nOne possibility is to “deploy the missile if it was able to hit the United States,” he said. This is being debated in Congress, the Senate Armed Services Committee and in hearings on Thursday.\n“We’re concerned that if their attack regime can’t defeat our adversary,” Utah Republican Senator John McCain, Trump’s incoming foreign policy adviser, told senators.\nMcCain has expressed a willingness to meet Kim Jong Un. On Tuesday, he criticized the regime’s decision to extend a deadline for verifying its nuclear arsenal.\nAnthony said two of the U.S. defense budget proposals passed in the Senate would divert money to missile defense efforts that cannot be deployed in airports, airports used by troops or servicemen, or to mobile missile defense interceptors.\nThese initiatives are intended to reassure international governments that North Korea would not be able to challenge the United States’ ability to launch a new ballistic missile or even conduct “precision strikes” against the country.\nThese would cost about $35 billion over 10 years, and all of that money would have to be spent quickly, Anthony said.\n“It’s clear now that the new funding is being offered by the Department of Defense that it does not include additional money for missile defense on the Defense Department’s threshold,” he said.\n"]
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1,005
http://www.reuters.com/article/us-russia-latvia-railways-exclusive-idUSKBN18J2OI
http://www.reuters.com/article/us-russia-latvia-railways-exclusive-idUSKBN18J2OI
Exclusive: Russia refusing to send some rail freight to Latvia - sources
null
null
['Gleb Stolyarov, Natalia Chumakova and Gederts Gelzis']
01-01-2021
reuters.com
null
success_wayback
gen
182,746
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['LAS VEGAS/ROME (Reuters) - Russian Railways (SRB.MM) will not send freight to Latvian regional authorities to airlift people to Europe, sources close to the situation said on Tuesday, while it would comply with all conditions and will not accept "much and fundamental details" about the planned Estonian trip.\nFILE PHOTO: People arrive for an Austrian-Hungarian Friesen-Jerusalem Border Briefing at Latvian Department of immigration in Vienna, Austria November 27, 2018. REUTERS/Leonhard Foeger/File Photo\nLatvian authorities did not respond to an email requesting comment after private Facebook messages left by the sources did not specify what conditions Latvia would comply with.\nRUSSIAN SAFETY BOARD HOPES 1-100 CIGARETTE TRANSPORT, RUSSIA\nThe offer to airlift Central Asians to Europe is a multi-billion-dollar project funded jointly by Moscow, Berlin and Budapest and set to be completed by 2025.\nThis means traffic can be only brought to the length of time required to keep track of people living in Latvia, which is free from EU sanctions, as long as they are returnees.\n“I would expect that the transit agency would only send a handful,” Latvian railway chief Andreas Kamensky told Reuters.\nThe RBS Aeroflot-owned company does not operate on behalf of international companies.\nMoscow and Brussels have imposed sanctions on Russian business linked to the downing of Russian Airlines flight 17 over Ukraine in early July.\nMoscow has blocked access to more than 100 planes such as such owned by the JSRB for Russian Railways, while European Union sanctions against Moscow for its role in the conflict have led to suspension of four of RBS Aeroflot-owned planes.\nThe RBS flight delay did not affect traffic in Latvian airports.\nOn Monday, a traffic police source confirmed that the RSB was discussing with the authorities in Latvian to discuss the need to fly at least 3,500 tons (4,030 liters) of cargo to European Union member states.\nEUROPE EXPANSION\nThe RSB was the first company to test rolling trains carrying passengers to Europe via Lithuania in the Baltic Sea, as it is the only that flies locally in Europe.\nThe Baltic Sea is the fastest shipping route between Europe and Asia for both arms.\nIn the context of the Baltic crisis, Russia’s Baltic states are the main users of EU rail freight, but the RSB is the only provider because it flies to all EU member states.\nThe original plan was to fly to Southern Europe via ports of Moscow and Helsinki, bringing people between Moscow and Lodz.\nBaltic shipping is a hot money in Europe. One capacity on track is the Atlantic Railway Line which operates 16 vessels - large ships that will travel from numerous ports to meet demand.\nHowever, the Baltic network has been plagued by problems including the inability to meet new traffic volumes in time. It has been a source of complaints and criticism for weeks.\nThe RSB faces another problem because it competes with Baltic Railways, which says that before 2012 it was selling cheaper tickets to European Union member states.\n“If there is money generated from such a transaction, then it will appeal to the RSB to move to Europe,” industry association lawyer Elvira Navarro told Reuters.\n']
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1,006
http://www.reuters.com/article/us-nokia-apple-patents-idUSKBN18J0RT
http://www.reuters.com/article/us-nokia-apple-patents-idUSKBN18J0RT
Apple and Nokia see deeper partnership after ending patent dispute
null
null
['Jussi Rosendahl and Tuomas Forsell']
01-01-2021
reuters.com
null
success_wayback
gen
182,748
[0.949999988079071]
["FILE PHOTO: A worker cleans Apple's new iPhone 3GS and iPhone 5c at a retail store in Tokyo, Japan, November 21, 2016. REUTERS/Yuya Shino/File Photo\nTOKYO (Reuters) - Apple Inc (AAPL.O) and Nokia NOK1V.HE on Monday said their old patent litigation remained intact, extending an agreement that saw Apple renew a two-year relationship with Nokia AG (not shown) for a third time.\nApple had previously accused Nokia of copying its iPhone designs with designs instead of its own designs. Apple had also accused Nokia of misleading consumers about the power its smartphones had on the mobile industry, by discouraging Apple Watch sales and introducing false product information.\nThe outcome of that case will mark the end of what could have been a bruising legal battle, due to be decided in July.\nThat has seen a string of noteworthy deals between companies including Apple and a joint venture of the two Japanese phone makers and Apple in the form of regulatory clearance for the devices.\nDespite that, Apple and Nokia remain locked in an increasingly bitter patent dispute.\n“The time has come for us to come to an agreement, as it was once again clear that the settlement of Apple’s dispute with Nokia was in the best interests of both companies,” Apple Chief Executive Tim Cook said in a statement, adding he was confident the industry would continue to grow.\nApple has already started to market a new Apple Watch Sport, which it launched in September, which is set to be released later this year.\nThe other two mobile giants, Microsoft (MSFT.O) and Facebook (FB.O), are also working on a similar initiative, and talks are moving forward with a fresh patent challenge brought by Sony Corp. (6758.T) and LG Electronics (000660.KS) to end the patent.\nThe royalties will only be paid when a user correctly reviews a phone’s features and content before they connect to a wireless network.\nSeveral years ago, the companies agreed to deliver improvements to the quality of all Apple products for people who used smartphones, such as iOS and OS X. They have now agreed to drop their ongoing cooperation.\nApple has repeatedly rejected the Android-based phones under competition conditions, saying it did not live up to the terms of the deal.\n"]
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1,007
http://www.reuters.com/article/us-usa-trump-mueller-idUSKBN18J2B0
http://www.reuters.com/article/us-usa-trump-mueller-idUSKBN18J2B0
Mueller cleared by U.S. ethics experts to head Russia probe
null
null
['Julia Edwards Ainsley']
01-01-2021
reuters.com
null
success_wayback
gen
182,753
[0.949999988079071]
['NEW YORK (Reuters) - Russia may be getting closer to conducting major hacking investigations in the United States, Robert Mueller, the special counsel appointed by President Donald Trump to probe the 2016 presidential election, is headed to the United States within the next few days, a U.S. watchdog group said on Wednesday.\nThe walls of a U.S. Federal Bureau of Investigation (FBI) office in Williamsburg, Virginia, U.S., December 15, 2017. REUTERS/Jason Reed\nThe appointment of Mueller in the FBI is the latest in a week of high-profile decisions by the agency to deal with Russia’s interference in the 2016 election as it plots its own prosecution of allegations that it colluded with the Democratic Party to tilt the election.\nMueller will head a federal criminal investigative subcommittee, the F.B.I. announced last week that it would be examining allegations that Moscow colluded with the Trump campaign in the election as well as a probe of the use of a Russia-linked company to buy critical national security information.\n“The appointment of Robert Mueller as Special Counsel to the U.S. Department of Justice (DOJ) completes a substantial and orderly process of evaluating applications of the Department of Justice for information on both government and criminal charges related to the 2016 election,” a Department of Justice spokesman said in a statement to Reuters.\nMueller will become the fifth and final member of the investigative bureau.\nAmong others already on the path of the panel of top federal prosecutors, former FBI Director James Comey and former FBI Director Robert Mueller were made Deputy Assistant Director Jeffrey Lancaster and Acting Attorney General Rod Rosenstein. None of them have been indicted, as the government names Mueller to lead it.\nAlan Diaz, director of the American Civil Liberties Union (ACLU) San Francisco branch, said “a typical division of DOJ supervision is now aligned into a formal process that is powered by several groups and led by an independent counsel.”\nWith recent bipartisan reform efforts being built into the law, Mueller will likely be tasked with opening a new investigation based on the findings of the F.B.I.’s inquiry into the 2016 election and possibly other election-related claims.\nAlso on the way will be two new special counsel assistants who will work together on cases related to Russia’s interference in the election and potential involvement in an ongoing investigation into its possible role in the DNC emails.\nMueller will help him oversee special counsel investigations as well as amending the law to allow the White House to examine complaints that Russian interfered in the U.S. election.\nSeparately, Mueller will not reappoint the prosecutor of the so-called Russia inquiry to his role as special counsel.\n“By bringing on staff created by Mueller as special counsel, Attorney General Jeff Sessions and Deputy Attorney General Rod Rosenstein are playing a hand that hasn’t worked in decades,” said ACLU attorney David Chen.\nBefore becoming acting attorney general in July, Rosenstein appointed fellow Democrat Jeff Sessions as acting attorney general.\nSuch appointments of Mueller and Rosenstein are unusual in American government. Rosenstein was not appointed after Trump tapped him for the federal job, and Sessions was never named a permanent nominee to the position.\nMueller, 70, is confirmed to become acting attorney general after President Donald Trump leaves office.\n']
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1,008
http://www.reuters.com/article/us-toshiba-accounting-westinghouse-idUSKBN18J2M2
http://www.reuters.com/article/us-toshiba-accounting-westinghouse-idUSKBN18J2M2
Westinghouse reaches deal for $800 million U.S. bankruptcy loan
null
null
['Tom Hals']
01-01-2021
reuters.com
null
success_wayback
gen
182,754
[0.949999988079071]
['SAN FRANCISCO (Reuters) - Westinghouse Electric Co is nearing a deal to provide $800 million in federal loans to the bankrupt U.S. nuclear and power plants company in exchange for its agreement to negotiate another loan program with the U.S. Department of Energy, federal officials said on Tuesday.\nWestinghouse has suffered financial blows throughout its operation since announcing its intentions in October to exit bankruptcy and into strategic focus, and separately on November 15 filed for the largest home builder in U.S. history.\nUnder terms of the terms of a government loan agreement brokered by Westinghouse Financial Services LLC on Monday, the U.S. government would lend Westinghouse $1.5 billion in senior secured credit facilities for a total of $2.2 billion in infrastructure loans to shore up its finances.\nThe $1.5 billion put in place by the government is expected to be the largest, if not largest, foreign government loan program yet in existence, the officials said.\nThe lenders will be backing 13.3 million Americans and around 20 million businesses, Westinghouse said in an investor presentation on Tuesday. The loans will be up to $1.55 billion in aggregate funding.\nUnlike previous projects the company has secured, they do not come with terms on how they would amount to money, the officials said.\nAn international consortium, formerly led by Japan’s Toshiba Corp, that was commissioned by the Obama administration for $25 billion to help establish the U.S. nuclear industry and help cover interest and other costs along with dozens of loans to other projects, has been invited to submit its proposed principal and interest rates on various loans.\nUnder the U.S. Bankruptcy Code, lenders cannot get money without approval from a state or federal agency. The bank is hoping to put in a higher value than a government loan relative to future interest costs, because of the nation’s focus on long-term energy security and the competitive nature of state projects, the officials said.\nIn the DOE loan agreement, Westinghouse will put in place a $1.5 billion GPS-connected PPA with use of a “branch maintenance contract,” an entity to help identify and finance maintenance facilities as a result of newly built technology. The prime contractor will be Westinghouse’s Dover, Indiana, plant.\nWestinghouse has long been eligible for another loan program from the U.S. Department of Energy. In 2010, Westinghouse received approval for another $1.2 billion GPS-enabled repower project on its Houston-Lucas Valley, California, PPA plant.\nBut the terms of that PPA were scrapped by the original consortium, resulting in last year’s financial failure, Westinghouse said. In November, Westinghouse agreed to a $1.4 billion U.S. federal loan program to help finance the GPS-connected facility.\nIn addition to the DOE loan package, the state government involved in the deal, which can expire at the end of August, will offer a $250 million loan from the Environmental Protection Agency for $700 million, Westinghouse said. In return, the DOE will guarantee 50 percent of the project to Westinghouse if the loan rate is 6.5 percent, said the officials.\nThe deadline for the second round of proposed loan programs is now Feb. 7.\n']
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1,009
http://www.reuters.com/article/us-brazil-corruption-jbs-divestiture-exc-idUSKBN18J2VU
http://www.reuters.com/article/us-brazil-corruption-jbs-divestiture-exc-idUSKBN18J2VU
Exclusive: Brazil’s JBS and controlling family asked Bradesco to find buyers for assets - sources
null
null
['Tatiana Bautzer and Guillermo Parra-Bernal']
01-01-2021
reuters.com
null
success_wayback
gen
182,755
[0.949999988079071]
['BRASILIA/MEXICO CITY (Reuters) - Brazilian financial, business and sports conglomerate JBS SA and its controlling family have asked privately held holding company Bradesco SE to find a buyer for assets which could fetch between $3 billion and $4 billion at auction, said people with knowledge of the talks.\nAn RTS logo of Brazilian financial conglomerate JBS is pictured on a vehicle, at the entrance of a bank branch in Rio de Janeiro, Brazil November 10, 2016. REUTERS/Ricardo Moraes\nA sale of assets could create a frenzy among some of Brazil’s biggest financial firms, which could top $20 billion over the coming months, they said.\nA sale could create a rush on the stock exchange, a world’s second biggest one after Canada’s BAML\nOne investment bank, Renaissance Capital, said on Wednesday it was being urged by a company holding a stake in New York-based Russell Investments to explore a potential sale.\nA spokesman for Bradesco said it was too early to comment beyond confirming the talks.\nNeither Renaissance Capital nor Bradesco confirmed the talks and declined to comment further.\nThe carrier-led group operates high-speed trains and sports resorts, insurance, nursing and agriculture divisions and is expanding aggressively in Brazil through a string of investments, from a new dairy to the acquisition of retail unit Castelao in early 2018.\nBRADGETS ORGANIC CHANGE\nBradesco and the family that controls it have consolidated their control since it formed the Guarani family in a 2005 merger, a departure for independent family rulers who took over the company in 2003.\nThe decision to sell the bulk of its assets was taken by Ervin Guarani, a brother of the Brazilian financier.\nCarlos Guarani, Ervin’s brother, was appointed to run the Guarani Group, which runs a shopping mall called Soares São Paulo São Paulo, the Samra Group and his flagship poultry firm Hernando’s.\nCarlos Guarani in an interview this week said Ervin had joined the family to work on a project with other family partners. He said Ervin Guarani left to start a Spanish company.\nErvin Guarani ran eight companies, including Sulvitec, whose founder Shevlin Santos Tamboro sold to Evra last year, until he was made CEO in 2016.\nThe Guarani family runs large parts of Brazil’s flagship department store chain, Bradesco.\n']
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1,010
http://www.reuters.com/article/us-chemchina-m-a-sinochem-idUSKBN18J1HR
http://www.reuters.com/article/us-chemchina-m-a-sinochem-idUSKBN18J1HR
As Syngenta deal closes, ChemChina and Sinochem press $120 billion deal: sources
null
null
['Sumeet Chatterjee and Chen Aizhu']
01-01-2021
reuters.com
null
success_wayback
gen
182,756
[0.949999988079071]
["FILE PHOTO: The logo of Switzerland's largest agricultural chemical company, Syngenta, is seen in Zurich, Switzerland October 24, 2017. REUTERS/Arnd Wiegmann/File Photo\n(Reuters) - ChemChina (CHSI.SI) and NexGen Commerce Ltd (NGOM.MI) have reached a $120 billion merger agreement in an effort to boost non-Chinese operations and improve ChemChina’s portfolio of fertilizer and petrochemicals businesses, people familiar with the matter said.\nThe deal means ChemChina and Sinochem Group will become the largest single shareholder of the new business, the people said. The pair still need approval from shareholders to complete the deal.\nSynthora and Exel Group Inc (XIM.TO) each have three shares for each license they own.\nThe deal is expected to close in the second half of 2021, the people said. ChemChina announced in October that it will step up its pursuit of Unocal, which ChemChina acquired in December for $9.9 billion.\nThere are four companies interested in the deal - global health, specialty chemical group ChemChina, medical device company Redcliffe Healthcare Group Inc (REDL.MC) and China’s Ophir Group (6501.HK).\nChemChina and Sinochem had been in talks for some time, the people said.\nNeither company has named the company that would receive the deal, but Sinochem and Exel Group have identified the agreement as one of their main business interests.\nNeither Sinochem nor Exel Group declined to comment when contacted by Reuters.\nSinochem has had a longstanding relationship with ChemChina, trading up to about $22 billion in 2015 for its CNOOC Ltd (0883.HK) (CEO) regional interests. The company has also taken a notable stake in the company, which is the biggest owner of chemical plants in the world.\nChemChina and Sinochem have long-standing relationships, which are often used to indicate the size of the businesses in which the two companies operate.\nSinochem acquired the majority stake in Green Mountain in 2011. It was later renamed Nickel Packaging Canada Ltd (NKM.TO) and entered into a long-term agreement with the company to buy some of its trademarked plants in the United States.\nIn December, Sinochem and New York-based U.S. chemical company Sonatra Chemicals (SAC.N) agreed to buy Essar-owned chemical company Zafar-alloy Group Ltd (ZAF.NS) for about $6.3 billion.\nYogesh Chandra, an analyst at Citigroup, did not immediately respond to a request for comment.\n"]
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1,011
http://www.reuters.com/article/us-usa-trump-discipline-idUSKBN18K2U6?il=0
http://www.reuters.com/article/us-usa-trump-discipline-idUSKBN18K2U6?il=0
On trip abroad, Trump stays on script, but will it last?
null
null
['Steve Holland']
01-01-2021
reuters.com
null
success_wayback
gen
182,757
[0.949999988079071]
['NEW YORK (Reuters) - President Donald Trump was fortunate last year to miss out on stage with his football team, spending less time overseas, while on the plane home, his wife and chief strategist Steve Bannon waited in an ambulance from their West Wing hotel.\nPresidents from Britain, Germany, Japan, and Australia and from the United States were there for his country’s European diplomatic mission for its annual Foreign Service Officers Summit, or FISWA, in November.\nTrump has bypassed those networks, preferring to plan meetings over dinner with well-connected Israelis and Conservative Party leaders.\nThat includes a meeting with Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, who in 2016 presaged the diplomatic partnership between the United States and Saudi Arabia.\nNow Trump will need to navigate a rocky patch ahead with his new Secretary of State and newly installed U.S. ambassador to the Middle East amid criticism over his use of Twitter and his disparaging comments in recent days.\nTrump took a break in September to have his first meeting since Trump was sworn in, a feature he expanded on in an appearance on CNN’s “State of the Union” airing last week.\nMedia reports on the visit depicted Trump as relaxed and engaging, but in private he appeared unimpressed with his own survival skills and was caught off guard by everything going on overseas.\nBannon, whose past reporting at Breitbart News was skewered by the media after he birthed Breitbart during Trump’s presidential campaign, told the programme on Wednesday he expected him to stay.\n“I knew he would love to be the first American president, but he wouldn’t be the first — I’m not counting on him,” Bannon said of how far he felt he would come.\n“I don’t want to lose a once-in-a-lifetime opportunity.”\nTrump won’t be able to compete against reporters, newspapers and elite foreign diplomats in sitting through a four-hour public briefing while the United States is in the midst of preparing for a protracted period of violence in Syria and potentially tightening US-Saudi relations.\nThe United States also has reservations, however, with Saudi Arabia taking a more conciliatory tone about potential sanctions on Iran, which Washington wants to use as leverage with Trump in negotiations to forge an ambitious oil deal.\nA major highlight of the meeting was Bannon’s visit to Israel this month. He and his immediate predecessor, Michael Flynn, met Netanyahu and Foreign Minister Avigdor Lieberman and the two discussed the need to reinforce regional cooperation.\n“It was a big day for me and it was incredibly important,” Bannon said of the meeting with Netanyahu, adding that he expected full cooperation and “no political will” from Trump.\nBannon, who is one of many influential Trump supporters backing Republican Senate candidate Roy Moore in the Alabama Senate race, will have to maneuver through a long list of roadblocks from within his own party to avoid fallout from the appointment of Mattis.\nNew York senator Jeff Sessions, an expert on relations with Israel, said Bannon should be able to make the case for an end to Trump’s hostile relationship with Israel.\n“I cannot see the right balance between diplomacy and friendship,” Sessions said. “But I would be very cautious and very afraid of confrontation.”\n']
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1,012
http://www.reuters.com/article/us-usa-trump-donations-idUSKBN18K2EP?il=0
http://www.reuters.com/article/us-usa-trump-donations-idUSKBN18K2EP?il=0
Despite vow, Trump Organization not tracking all profits from foreign governments
null
null
['Julia Harte']
01-01-2021
reuters.com
null
success_wayback
gen
182,759
[0.949999988079071]
["NEW YORK (Reuters) - Corporate USA is stonewalling attempts by international governments to help its owners hide profits from overseas, as the Trump Organization struggles to navigate a slowing global economy amid stringent U.S. visa requirements for executives from countries including Russia, China and Ukraine.\nFILE PHOTO: President Donald Trump speaks at a news conference on the U.S. Federal Reserve's policy meeting in Washington, U.S., September 21, 2017. REUTERS/Kevin Lamarque/File Photo\nThe Trump Organization Co is contesting attempts by the U.S. Internal Revenue Service to exempt executives from paying sales taxes and other fees related to importing products in countries from which the company has long operated. Some nations have blocked exemptions.\nThe U.S. Chamber of Commerce and the American Beverage Association have accused Trump’s administration of failing to ensure that more than 60 companies involved in overseas trade make U.S. taxes and fees more transparent.\nThe group said in an emailed statement that it “is pursuing all diplomatic avenues to make this difficult and understandable process easier and fair.”\nTrump Organisation chairman Donald Trump said the organization’s auditing of 2016 company returns, which cost him billions of dollars, “had no bearing whatsoever on its business.”\nIf the IRS cannot compel the foreign counterparts to publish the returns, he said, it should “look at the transactions that other entities are doing.”\n“If an organization can’t do that, then what am I going to do?” he said.\nTreasury Secretary Steven Mnuchin declined to comment to Reuters.\nDemocrats blasted the IRS for seizing the audited returns. Sen. Heidi Heitkamp, D-N.D., said the IRS should release more information on the alleged misspending.\nThat explanation was “common sense,” Sen. Lindsey Graham, R-S.C., said in a statement, “just like the rest of the levies the IRS imposes on companies that are in violation of a foreign tax treaty.”\nPolitical tension in the United States is the primary source of the IRS’ scrutiny of companies in the Trump Organization’s businesses.\n“Of course, this requires us to be in a position to help,” Sessions said in December. “But just because you want to keep selling without paying taxes doesn’t mean you should constantly be in the business of selling.”\nThe Trump Organization and the IRS do not comment on pending litigation.\nPeter David, the White House deputy director for international sales, confirmed that the company was challenging the IRS’ authority to seize and compel such as-record sales.\n“The focus is on the outcome of these investigations. It’s not just about the issue of taxes,” David said. “If a business is trying to hide its financial profits and they have a good reason to do so, they will be here in the first place for very, very long periods.”\nThe IRS said in a statement that it does not comment on individual cases and would work “very closely” with relevant parties.\nThe IRS maintains that foreign executives, which it classifies as “directly influencing the foreign business activities of the companies,” may be able to dodge additional taxes.\nFor example, a person buying beverages from Russia who takes on a different duty is not on top of the taxes payable by other foreign accounts, the IRS said. But if the person are a foreign corporation, such a tax gain may be complicated.\nA payment of $1.5 million to a third party for one-half of the profits of a transaction may be explained by a pro forma basis, the IRS said.\nBut the existence of foreign management fees is complex, the IRS said. If a foreign manager, like a Trump Organization manager, makes a higher profit than he does on the international business transactions because of the North American economic environment, the fee may not be a foreign-owned corporate corporation in the same way.\n"]
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1,013
http://www.reuters.com/article/us-usa-trump-mcconnell-exclusive-idUSKBN18K2MM
http://www.reuters.com/article/us-usa-trump-mcconnell-exclusive-idUSKBN18K2MM
Exclusive - Hate the tweets, love the agenda: McConnell on Trump
null
null
['Roberta Rampton and Patricia Zengerle']
01-01-2021
reuters.com
null
success_wayback
gen
182,760
[0.949999988079071]
['U.S. Senate Majority Leader Mitch McConnell speaks during an address in the Capitol building on the first day of the 80th National Democratic Convention in Philadelphia, Pennsylvania, U.S., August 31, 2017. REUTERS/Phil McCarten\nWASHINGTON (Reuters) - Senate Majority Leader Mitch McConnell on Tuesday sharply criticized President Donald Trump for “dishonest conduct” and said one of the Republican’s key promises of his campaign was “every tweet and protest.”\nThe three-term Republican lawmaker also said “no one should be caught foolish enough to engage in this kind of slandering.”\nMcConnell appeared to be a rare conservative voice on the matter of negative remarks by members of Trump’s administration that have sparked a recent uproar. Many Republicans complain that Trump has betrayed the principles that propelled him into office and the Obama administration to date.\nTrump and his business associates have said they do not intend to work to diminish the influence of Democratic President Barack Obama and his vanquished challengers, particularly in states critical to his race for the White House.\nThe president said on Monday that he and others in his administration are “taking down” a White House staffer once labeled a “thief.” He also has used the term with vulgar terms and inflammatory comments, and some say they could hurt “Republican turnout.”\nMcConnell’s comments came at a news conference with aides amid media speculation that he had predicted a race with a Republican in the presidency for the Senate in 2021.\nHe issued a statement expressing “concern” about the statements after McConnell and other Republican senators asked for a thorough review of the comments from Trump’s top aides.\n“Senator McConnell’s tweet reading that ‘they can’t hate on me’ is wrong,” McConnell said. “The hateful language. It is something that a lot of people who criticize leaders will think is a proud thing, that it is serious and not something they can take kindly to.”\nTo buy a taste of how far Trump has taken himself, McConnell said the remarks “should not turn the White House into a playground for white supremacy.”\n“But when two children are shot in the head, the president takes it personally,” McConnell said, adding he believed Trump had signaled that he would not respect his rule on executive orders.\n']
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1,014
http://www.reuters.com/article/us-usa-congress-mcconnell-exclusive-idUSKBN18K2FD
http://www.reuters.com/article/us-usa-congress-mcconnell-exclusive-idUSKBN18K2FD
Exclusive: McConnell frets about healthcare, hopeful on tax overhaul
null
null
['Susan Cornwell and Yasmeen Abutaleb']
01-01-2021
reuters.com
null
success_wayback
gen
182,761
[0.949999988079071]
['(Reuters) - Republican Senator Mitch McConnell’s ambition to make health-care reform a top priority in the new Congress is soured by Washington uncertainty over a potential deal, but he is open to making some changes if they benefit him, according to Republican aides and former aides to him.\nFILE PHOTO: U.S. Senate Majority Leader Mitch McConnell testifies at the Senate Foreign Relations Committee in Washington, U.S., October 17, 2017. REUTERS/Yuri Gripas/File Photo\nA member of the group who supports McConnell’s plans said, “At some point,” they were making concessions “if they need to be.”\nSenate Democrats have been pressing McConnell to release the documents in the coming weeks on his plans, in part to stop the Senate Republican’s bill from advancing.\nA senior Senate Republican aide who worked closely with McConnell during his tenure said McConnell “has no room” for “grunge.”\n“The more we’re concerned about the health-care bill, the more pressure he’s going to be under,” said the aide, who is not authorized to speak publicly about personnel matters.\nThe aide was not authorized to publicly identify the aides to reporters and spoke on condition of anonymity.\nWith a razor-thin margin of control of the Senate, the Republican Party can afford to delay several items on healthcare on a smaller scale, the aide said.\nAnother member of the group, who said McConnell was “infuriated” over a debate over its structure on Tuesday, said that they’d had a productive discussion with him Tuesday afternoon on his plans.\nHowever, it was unclear whether McConnell had plans in place to discuss his committee’s reform package with other members of the House of Representatives.\nThe source declined to be identified because the discussions were private.\nDemocratic President-elect Donald Trump, a former Republican Senator, has said he would like to make healthcare a high priority in his second term. On Tuesday, Trump met with Massachusetts Senator Elizabeth Warren, the top Democrat on the Judiciary Committee.\nThe president-elect’s appointees to the Supreme Court have said a final health bill should include standards for insurers, which groups like the insurers also lobby, to keep premiums low.\nThe American Medical Association, the American College of Obstetricians and Gynecologists and other prominent lawmakers are still calling for substantial changes in the system. The AMA called for higher premiums and reforms in 2014.\nBut Democrats and Trump’s own nominees in the party have signaled in the past they have concerns.\nMcConnell has cultivated a hard-line approach on Obamacare, elevating opponents of the law to represent him on policy issues. Democrats want more competition for insurers, and they have also proposed a “public option” option, which would encourage consumers to buy coverage on their own.\nIn fact, McConnell’s Republicans have so far avoided providing any official policies or some level of detail on what their bill should require, said one Republican leadership aide.\n“He’s been teasing about ‘proforma’” for some time, and there’s a lot of room left to do something,” the aide said.\nBut in other moves to get lawmakers off the political sidelines on his issues, Senate Majority Leader Harry Reid, one of McConnell’s chief critics, said on Wednesday he may have taken a “grave position” not to meet with McConnell next week on healthcare issues.\nDemocrats have promised to let Obamacare remain in place, but McConnell’s healthcare bill would overhaul the law.\nObamacare prohibits insurance companies from discriminating against customers based on pre-existing conditions, rescinding longstanding protections. Insurers would be required to provide more policies and be allowed to charge customers higher rates, unless the law is extended.\nBut Democratic Senator Bob Casey of Pennsylvania, the panel’s top Democrat, has said his office will not put up the necessary paperwork for changing the law this year.\n“As long as it remains in place, it’s perfectly reasonable to continue discussing a form of Obamacare,” he said in a statement on Wednesday.\n']
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1,015
http://www.reuters.com/article/us-bunge-glencore-breakingviews-idUSKBN18K23F
http://www.reuters.com/article/us-bunge-glencore-breakingviews-idUSKBN18K23F
Glencore food binge could leave investors hungry
null
null
['Andy Critchlow']
01-01-2021
reuters.com
null
success_wayback
gen
182,763
[0.949999988079071]
["LONDON (Reuters) - Glencore’s (GLEN.L) biggest international rival could see it lose out on annual profits next year due to unprecedented food and drink spending growth in rich markets.\nFILE PHOTO: The logo of Glencore is seen on the company's building in Baar, near Budapest July 23, 2011. REUTERS/Laszlo Balogh/File Photo\nGlencore, the world’s largest commodities trader and trader with annual revenues of $145 billion and more than 7,600 employees, is concerned that rising global demand for staples such as grains and meat might crimp margins.\nGlobal demand for commodities has been falling for at least six years, reaching $590 billion in 2016, as governments struggled to plug rising trade deficits with major trading partners as the debt crisis within the European Union spooked investors.\nIn contrast, Glencore is estimating its sales will grow 4.5 percent next year, sharply up from a forecast 4.5 percent last year. It has lost both a top-down and a structure aimed at reversing its losses.\nShares in Glencore closed 0.5 percent lower on Thursday on the London Stock Exchange, and pulled back about a quarter of a percent to close at $20.61.\nIn 2017, Glencore forecast gross margins of 20 to 28 percent for the current financial year, with higher commodity prices raising costs. It expects the write-down to be about $100 million in the medium term.\nOver a two-year period, gross margins may dip as much as 2 percentage points, Chief Executive Ivan Glasenberg said, even though cash flow from the business is a strong story.\n“If you look back at 2017 we expected this year’s growth and this year we expect it to be lower than that,” he told Reuters at a recent shareholder meeting.\nGlencore, which faces decades of potential financial underperformance from its huge businesses like oil sands, copper and aluminum, has set up its annual board in-house to try to show shareholders future returns.\nGlencore has tried but failed to secure a deal to become an independent company, but the involvement of a new board looks certain to squeeze out most of the world’s consumers.\nCurrency swings have driven up volatility in its earnings, exacerbated by sluggish commodity prices. Those factors underpin previous efforts to outperform.\nExpectations also grew for Glencore’s dividends, which rose 26 percent last year to $3.24 per share.\nA slim majority of investors want Glencore to continue to pay such dividends and retain a large presence in its core commodities business, which led to sales of about $30 billion last year. Glencore’s CEO recently took aim at the company for not improving distribution, which led to Glencore’s biggest back-office headache in the past decade.\nGlencore’s chief financial officer Andrew Mason believes the company still has some way to go but told investors it is doing “fairly well” in 2018.\n“Our cost-cutting levers are a factor in why we are all the way in on these initiatives,” he said.\nIf conditions remained good for Glencore’s flagship commodity businesses like oil sands and aluminium, it would have to invest heavily on silver and precious metals, which are more sensitive to price swings.\nIn July, Glencore acquired its stake in London trading house Liffe. Liffe said it was looking for new alternatives to where it has a $1.3 billion zinc plant in Saint-Andre, France.\nMason, who took over in January, looks to rise the bar in the company’s price-to-earnings ratio, while remaining keen to cash in on expected dividend growth.\nGlencore said prices have shown a slight decline since the new year and that headline sales growth was weaker than in 2017, but if prices rise faster then profit margins would rise.\nGlencore is set to decide whether to float on London’s stock market by the end of this year. A Hong Kong listing is on the cards in September, sources say.\n($1 = 0.7367 pounds)\n"]
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1,016
http://www.reuters.com/article/us-facebook-tv-idUSKBN18K2U0
http://www.reuters.com/article/us-facebook-tv-idUSKBN18K2U0
Exclusive: Facebook signs BuzzFeed, Vox, others for original video shows - sources
null
null
['Jessica Toonkel']
01-01-2021
reuters.com
null
success_wayback
gen
182,764
[0.949999988079071]
["Aug 1, 2017; New York, NY, USA; David Cohen, one of BuzzFeed News' photographers, takes a picture of Levi's Fog of War in print. The Fog of War is a collection of military photographs depicting a tank on the ground in Afghanistan during the Afghan War. Mandatory Credit: Kevin Lamarque-USA TODAY Sports\nNEW YORK (Reuters) - Facebook Inc said on Tuesday it had signed up BuzzFeed, Vox Media and other high-profile TV talent in a sweeping advertising deal in which both companies also will produce content and work on breaking news and strategy for BuzzFeed.\nFacebook, which boasts the world’s largest social network, said BuzzFeed will “feature more news, product and digital news” content and create curated curation for their group, BuzzFeed News, and the LLC that manages all of it.\nReuters reported earlier that BuzzFeed was planning to use the Facebook partnership for features and far more content related to breaking news, as well as new news findings from the site’s community.\nFacebook is making continued push into original entertainment shows and streaming for its biggest audience, which is under growth pressure due to a wave of casual app and ad purchases.\nRivals Google Inc and Apple Inc have been busy assembling original content offerings in addition to streamer programs. Google is apparently generating some money from video streaming.\n“We’re constantly looking at ways to expand our reach in entertainment,” Facebook said in a statement.\nThe deal, which includes Vox and BuzzFeed, also targets newsrooms and brands, with a focus on breaking and celebrity behind more than 20 percent of the U.S. population.\n“We’re eager to create more great content on the platform, and from a revenue perspective, it’s important that it has the ambition to make sense for users,” BuzzFeed’s Dan Primack, previously BuzzFeed’s media managing director, told Reuters.\nBoth BuzzFeed and Vox said their extensive coverage of news events across the globe was invaluable to their audience and they anticipated rapid expansion if they ever achieved greater subscriber base.\nReuters reported earlier that Facebook had developed a deal to sell content from a daily news feed in which users scroll through articles the company can offer their followers.\nFacebook has also entered into a deal to sell its news database, its social media advertising business, to Rupert Murdoch’s News Corp.\n“We are excited to work with BuzzFeed and Vox to provide both curation and innovative content on Facebook,” Google Inc’s Vice President of Advertising Bethnalto Bourden said in a statement.\n"]
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1,017
http://www.reuters.com/article/us-cyber-attack-russia-idUSKBN18K26O
http://www.reuters.com/article/us-cyber-attack-russia-idUSKBN18K26O
Exclusive: Wannacry hits Russian postal service, exposes wider security shortcomings
null
null
['Jack Stubbs']
01-01-2021
reuters.com
null
success_wayback
gen
182,765
[0.949999988079071]
['Russia\'s state-run TV station RT has apologised for a Russian postal service which it claims was targeted by leakers for spreading Islamist propaganda.\nRaspana Satellite Station and its operator Russia Central Telemarx, blamed "foreign players", for spreading ultranationalist views of Russian society, saying its service was targeting "bigots", including Alfa Bank and several private and state-controlled companies.\nThe system allowed individuals to post groups of internet messages that used a limited, neutralised state-level data plan. This was used to glean information from the majority of Russian\'s 95 million internet users.\nRT\'s coverage of this kind of work exposed the biggest and most serious security problems of all the Moscow-based broadcasters working in Russia\'s fragmented media landscape.\nWannacry, however, says most of the propaganda of the RT-network is genuine.\n"The majority of the propaganda works in a way that people have chosen to deny the internet and have imposed the state by vast-scale propaganda, and by a fear of surveillance," Raspana Satellite Station\'s head, Henrique Pacheco, told Reuters in an interview on Tuesday.\n"When we created RT, all the news got lost. In this way we were right-wing. Here is the reaction of the people and Russia Central Telemarx is the group that was leaking falsehoods, and committing this crime," he said.\nThe twosome pledged to apologise to RT and its founder Anna Golovin, the men behind the organisation which is described as "one of the most organised propaganda projects" in Russia.\nGolovin and the duo say a global invasion of Russia by global financial and media empires could have been averted in the event of a coup.\nThe letter about the "malicious spread of Islam and extremism" that outraged many Russians released by the network early in the US presidential election campaign has prompted many online outrage.\n(Editing by Jon Boyle)\n']
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1,018
http://www.reuters.com/article/us-usa-trump-europe-idUSKBN18K34D
http://www.reuters.com/article/us-usa-trump-europe-idUSKBN18K34D
Trump directly scolds NATO allies, says they owe ’massive’ sums
null
null
['Robin Emmott and Steve Holland']
01-01-2021
reuters.com
null
success_wayback
gen
182,766
[0.949999988079071]
["U.S. President Donald Trump addresses the NATO foreign ministers’ meeting at the Pentagon in Washington October 16, 2018. REUTERS/Joshua Roberts\nWASHINGTON (Reuters) - Trump told European NATO allies they have the ability to pay their debts, but said he was reluctant to say the United States had now put such debt into the Brussels currency union.\nSpeaking to reporters after meeting European Council President Donald Tusk, Trump also compared an “extremely powerful” bond the United States has with Germany and “friends of my country,” calling German Chancellor Angela Merkel “one of the happiest and happiest people I’ve ever met.”\n“In Germany she’s the one that has the highest credit rating. But it doesn’t matter,” Trump said in an often scolding style that may yet decide he would help.\nIn another reference to Germany, Trump noted a letter he wrote to Merkel in April 2015, then followed by a letter to Trump a month later that suggested that her tax-free savings account would contribute to their economy.\n“Dear Chancellor Merkel,” Trump wrote, adding that German banks had agreed to buy U.S. Treasury bills as part of a bailout program when the loans came due.\nRelated Coverage Trump says worried European partner's demands for stronger sanctions are not enough\nThe reference prompted NATO’s top official to comment.\nNATO Secretary-General Jens Stoltenberg said that American alliance members and Europeans shared “large amounts of the suffering” of conflicts in the Middle East and North Africa, even as they pledged to fight back against repeated attacks.\n“Over the last seven years we have shown that we can certainly do something to support and advance the political asylum plans of nations such as Greece and Poland that are under enormous hardship,” Stoltenberg said.\nRepublican President Donald Trump speaks during an economic summit in Mid-Atlantic city of Salem, Massachusetts November 7, 2018. REUTERS/Shannon Stapleton\n“We stand ready to go in a big way to support them as they reach their own comfort zones with a larger contribution to their national treasury than we could ever make at this critical moment in their history.”\nSTRATEGIC SHORTAGE\nTrump asked NATO Secretary-General Jens Stoltenberg to have the currency union exempted from individual member countries’ requests.\n“Germany is the one currency that’s going to pay every country this huge amount of debt.”\nWhen asked whether other non-members including Britain, Canada and Denmark would be willing to renegotiate their loans if the United States was excluded, Stoltenberg said the United States would “pay most of what’s owed and pay most of what it owes them.”\nThe question came up while speaking with Japanese Prime Minister Shinzo Abe.\n“Certainly there’s an issue there,” Trump said. “I think we’ve got to be prepared to negotiate when it happens.”\nJapanese President Abe repeated Washington’s warning that China’s growing involvement in the South China Sea threatens Japan’s national security, saying it would again raise the profile of the relationship with the United States.\nSome Trump allies pointed out that his approach to trade and trade deals did not conform to international standards.\nStill, Bannon, White House strategist and president of the conservative American Wing of the Republican Party, said there was “no reason to think we’re off.”\n“We may be preoccupied, but the world’s war is at its own scary phase and Bannon is right,” Bannon said.\n"]
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1,019
http://www.reuters.com/article/us-northkorea-missiles-trio-exclusive-idUSKBN18L302
http://www.reuters.com/article/us-northkorea-missiles-trio-exclusive-idUSKBN18L302
Exclusive: Kim’s rocket stars - The trio behind North Korea’s missile program
null
null
['Ju-min Park and James Pearson']
01-01-2021
reuters.com
null
success_wayback
gen
182,768
[0.949999988079071]
["SEOUL (Reuters) - A South Korean TV crew in the North Korean capital will chronicle all the other high-profile Korean television productions the scientists of the country are planning to bring to the world if diplomacy and guarantees could lead to its launch of a ballistic missile.\nFILE PHOTO: TV crews see live TV from the entrance of a 'Kim Jong Un Sentry Complex' in the North Korean capital Pyongyang, North Korea, December 16, 2017. REUTERS/Damir Sagolj/File Photo\nA more ambitious satellite launch is expected to come on time in January, making for a greater chance of a military showdown between North Korea and the United States over its nuclear and missile programs.\nNorth Korea launched a long-range rocket on Monday on a mission that will challenge Washington’s claims that it is prepping for a nuclear warhead similar to the one it has with the United States.\nSince the Korean War ended in 1953, the North has carried out several ballistic missile and intercontinental ballistic missile tests. It has also staged what it calls a “mothership” intercontinental ballistic missile launch that authorities say could strike the United States.\nEach launch of the intercontinental ballistic missile is a milestone in the plan of Kim Jong Un to improve North Korea’s military capabilities and propaganda, whose nuclear-based state has few private laboratories.\nGlobal news network North Korea Today said during his first television address that the North was launching a medium-range missile with a “super missile” capable of reaching the continental United States.\nHe said a second target was “more powerful and more detailed,” according to a witness quoted by the news agency KCNA.\n“The North is building strategic depth in its missile and intercontinental ballistic missiles and is planning to launch an intercontinental ballistic missile,” KCNA quoted Kim as saying.\nExperts expect the North to launch a warhead about 1,000 kilometers (810 miles) wide, but satellite images from North Korea on Monday show a different target, the U.S. government said.\nThe world media, however, do not usually discuss the launch, but Pyongyang is thought to be looking to coincide with what will be its sixth anniversary on February 10.\nNorth Korea’s future leader said in December that he favored a big New Year celebration, with elaborate names, music and an “unplanned” migration of some North Koreans to southern China, prompting speculation it might use the event to damage the island state.\n“The missile launch will have nothing to do with or with the anniversary of the Vow of the Founding Father of the United States,” the North Korean leader wrote on Twitter.\nIt also may be ready for a nuclear launch. The U.S. is planning a more elaborate launch to coincide with the anniversary, with children learning how to successfully launch missiles.\n“The actual move is in line with the new ‘era’ timeline of global peace and prosperity, not the frontlines,” North Korea Today said.\nChinese state media on Monday cited “reaction” by North Korea against the plan as “plausible.” China has condemned its deployment of an international missile defense system, which could isolate and isolate the country and disrupt trade and energy flow.\n"]
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1,020
http://www.reuters.com/article/us-usa-immigration-court-idUSKBN18L2IO
http://www.reuters.com/article/us-usa-immigration-court-idUSKBN18L2IO
In blow to Trump, U.S. appeals court refuses to reinstate travel ban
null
null
['Mica Rosenberg and Dan Levine']
01-01-2021
reuters.com
null
success_wayback
gen
182,769
[0.949999988079071]
['U.S. President Donald Trump exits the federal courthouse in Washington after signing the proclamation honoring the president at Trump Tower on the second day of a federal judicial review of his travel ban, in Manhattan, New York, U.S., December 11, 2017. REUTERS/Lucas Jackson\nWASHINGTON (Reuters) - The U.S. Federal Appeals Court in Brooklyn ruled on Friday that it was not permissible for Trump’s controversial executive order to extend legal protections for people of Middle Eastern descent.\nThe temporary stay allows President Donald Trump’s order to stay within 120 days because of the Justice Department’s objection that the measures were unconstitutional.\n“It is impossible to justify a rupture in the administration’s core policy of ensuring the national security of the United States and that powers must be exercised to protect the vital interest of our national security,” Judge Nita Lowey wrote for the court, which cited Trump’s own statements in questioning the legality of the order.\nA three-judge panel of the 3rd U.S. Circuit Court of Appeals reversed the lower court’s order. In reversing the lower court’s decision on Wednesday, the appeals court argued that officials’ reasoning in the executive order was unclear.\nThe Supreme Court is expected to take up the issue again when it releases the new version of its ruling later this month.\nTrump initially approved the executive order to quash it, which was filled with “disorderly” and “extreme” designations of different groups of people and, in essence, empowered the government to detain and deport them regardless of where they came from or how they were raised.\nBut officials said that exemptions granted to groups such as Muslims and people with “disparate economic status” threatened national security and would impede community cohesion.\nThe administration had argued that the 679 “critical protections” granted to the order list an exemption that granted additional protections for a few groups. Critics of the changes said the order sought to erase civil rights protections and was to create a new detention landscape.\nIn a case that appeals to the highest court in the land, the Supreme Court said on Thursday it had the power to halt the Executive Order. Trump on Friday welcomed the ruling.\nOpponents of the new policy expressed dismay, and criticized the government for giving up its argument that it could preempt an immigration emergency.\nBefore Friday’s decision, the Justice Department had previously argued that the travel ban could still go into effect under the October ruling.\n']
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1,021
http://www.reuters.com/article/us-japan-economy-cpi-idUSKBN18L31I?il=0
http://www.reuters.com/article/us-japan-economy-cpi-idUSKBN18L31I?il=0
Japan consumer prices rise in April, driven by energy costs
null
null
['Leika Kihara']
01-01-2021
reuters.com
null
success_wayback
gen
182,771
[0.949999988079071]
['* PCA inflation seen 0.1 pct this month (Recasts, adds detail)\nBy Leika Kihara\nTOKYO, Jan 1 (Reuters) - Japanese consumer prices rose in April, driven by energy costs and stable food prices, with the consumer price index likely to beat the central bank’s 2.0 percent target in a report due out on Tuesday.\nInflation across the big four consumer segments rose by 0.1 percent, including a 1.5 percent increase in the basic oil and gas costs, in line with a median estimate in a Reuters poll. Core inflation is seen rising to 0.5 percent in June.\nJapanese chief economist Sumitomo Mitsui Banking Corp forecasts that core inflation is set to stabilize, rising to 0.4 percent in the April-June period.\nIt also expects core inflation to rise to 1.8 percent this year from 1.7 percent in March.\nThe central bank raised its benchmark lending rate by 25 basis points to 1.5 percent in mid-December to help keep a lid on a cooling global economy and boost domestic demand. It kept rates unchanged last week and will vote at its next meeting on Jan. 16.\nNon-food prices rose 0.2 percent, with the increase in energy costs seen 0.9 percent.\nRetail sales were unchanged in April, recovering from a loss of 1.1 percent in March. Sales volumes rose 1.2 percent in April after jumping 0.9 percent in March.\nThe pick-up in sales volumes is expected to hold back prices for several months as gasoline prices slow, factory output falls and now-high household debt in Japan is having a knock-on effect in other Asian economies.\nToyota Motor Corp will report on Wednesday.\nConsumer prices rose 1.0 percent in October-December, the first rate increase in three months.\nTotal food and beverage prices increased by 1.1 percent in the month.\nEnergy costs were unchanged this month and are seen rising by 0.8 percent in June. On April, core inflation is seen rising to 0.8 percent.\nNon-energy core inflation is seen rising by 0.3 percent.\nA healthy labour market will make its country more competitive, lowering the risk of deflation, the Bank of Japan’s outgoing chief said last week. The BOJ’s consensus forecast predicts that the economy contracted at a 1.5 percent annual rate in the year to March 2018.\nThe proportion of households with at least two workers fell to 52.7 percent from 53.7 percent the month before. (Reporting by Leika Kihara; Editing by Simon Cameron-Moore)\n']
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http://www.reuters.com/article/us-facebook-zuckerberg-harvard-idUSKBN18L16C?il=0
http://www.reuters.com/article/us-facebook-zuckerberg-harvard-idUSKBN18L16C?il=0
Facebook’s Zuckerberg urges Harvard grads to contemplate risk
null
null
['Valerie Vande Panne']
01-01-2021
reuters.com
null
success_wayback
gen
182,773
[0.949999988079071]
['A used wine cart in a store is seen in San Diego, California, U.S., May 25, 2018. REUTERS/Mike Blake\nSAN FRANCISCO (Reuters) - Facebook Chief Executive Mark Zuckerberg on Wednesday urged students who graduate from Harvard Law School to consider an unconventional aspect of life - that is, risk - if they believe their hopes can be met.\nAsked by Reuters who seemed most likely to use the online social network at the New York school’s “power college” debate event for months, Zuckerberg paused for several minutes and then brushed aside a host of questions from students about their career aspirations and how much risk they would take to become a lawyer or academic scientist.\n“Certainly there is risk to be dealt with in this environment,” Zuckerberg said, adding that the debate will be limited to campus incidents and said she appreciated the opportunity to take questions that are “underprepared,” such as that from former executive chairman Larry Page and Facebook.\n“So given the opportunity, I’m willing to take a risk of offering that but I might consider it not so much if it was a risk but probably not that much,” Zuckerberg said, adding she is a “huge fan” of Facebook’s experimental work.\nDuring Wednesday’s debate, student Hillary Rayson and retired Harvard Law School professor Bryan Singer had a particularly rousing description of the potential for a more dystopian future if graduates were to take risk.\nCASA STUDENTS BY WATCHING MOVING CHEAT SHEET ABOUT STRUGGLING DESIGNERS\n“You can live in a free and v free world - that’s how great it was for me as a public policy professor,” Singer, a two-time Pulitzer Prize winner, said of Zuckerberg’s response.\nPerhaps more memorable among the contentious debate was the discussion on whether recent criminal trials for some students at Harvard who committed non-violent crimes merit some of the top VCs in Silicon Valley.\nZuckerberg personally lobbied for laws related to the need for African American and Latino students to attend institutions of higher learning, and others also made a suggestion of putting a wall between the narrow academic focus on high levels of income and crime in lower-income communities.\n“I think we have to go with the necessary pieces that work together. You can be critical of the ‘emotional’ side of things, but I think it’s really important that the underlying purpose is to really give people a sense of what they want to be,” Zuckerberg said.\n(This version of the story corrects to delete “several politicians” and end story 2032 from 27-30 minutes after filing.)\n']
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1,023
http://www.reuters.com/article/us-usa-trump-tax-idUSKBN18L2WE?il=0
http://www.reuters.com/article/us-usa-trump-tax-idUSKBN18L2WE?il=0
Trump officials under fire over vague tax proposals
null
null
['Jason Lange and Diane Bartz']
01-01-2021
reuters.com
null
success_wayback
gen
182,774
[0.949999988079071]
['(Reuters) - Federal taxes officials have complained about the President Donald Trump administration’s plan to give corporations the right to deduct their business taxes, but they were not pleased with Trump’s initially-announced tax changes.\nPeople go through their office hours at the U.S. Postal Service in Washington, February 6, 2014. REUTERS/Gary Cameron\n“The short answer to both of these are red flags,” said David Cohen, the special assistant to the Treasury secretary for tax and regulatory issues.\n“These tax proposals are laudable, but don’t provide much more than an opportunity to aggressively enforce our tax laws,” Cohen said in an interview.\nThere is no immediate requirement that corporations file tax returns, according to other sources familiar with the matter, although senior officials would follow a check for tax evasion if there were firm returns showing any deductions or credits.\nThe details of the plan, which was given to Trump on Thursday, are not officially released until its next hearing, scheduled for the afternoon on Monday. Those planning an appearance on the hearing, however, may not meet that deadline as the question of whether to withdraw the plan will not be raised on Jan. 18, the week the start of the U.S. primary legislative session.\nDepartment of Justice lawyers also said on Thursday that they would meet on Friday to discuss the discussion of the policy changes and to provide any additional detail to Congress on how the administration intends to get the legislation passed.\nTrump initially promised to end the tax system’s overreaching New Year’s Day deadline. But he has issued tax legislation that does not require corporations to file their returns annually, contributing to uncertainty about whether lawmakers would succeed in getting the U.S. measure through Congress.\nThe Trump administration also wants to limit the tax deduction for wages and contributions by businesses to $10,000 per worker, or $27,000 per worker for households headed by individuals.\nCompanies could deduct the income they owe on their federal income tax returns from their tax payments, unless the underlying tax legislation is amended to impose a new tax of up to 25 percent on investment income.\nTrump has said he is willing to do away with the deduction for investments in stocks, bonds and real estate, though the final language on the new program has not been finalized.\nTrump has also proposed a permanent review of whether to levy 30 percent corporate and personal income tax on payments made to unions. But there is no effort to move this point further, including without reference to the presidential campaign, despite criticism from Democrats over the possibility of such a move.\nAnother senior administration official dismissed Cohen’s characterization as “rubbish” and said the policy change needed to be addressed quickly.\n“Business doesn’t lose money,” the official said. “We don’t lose money on our own.”\nAnother senior administration official said, “Business isn’t derailing.”\nA White House spokesperson did not immediately respond to requests for comment.\nRepublican Senator John Cornyn of Texas, who chairs the Senate Commerce Committee, said he is concerned by the idea of repealing the individual income tax provision, citing the matter of U.S. Representative Joseph Crowley’s pending bid to repeal the 10 percent tax on wages paid by large businesses.\nCrowley, who has called the inclusion of the healthcare deduction and consumer allowances a tax cut, has threatened to veto such measures, which have supported the spending bill.\n']
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1,024
http://www.reuters.com/article/us-usa-property-reits-idUSKBN18L2VQ?il=0
http://www.reuters.com/article/us-usa-property-reits-idUSKBN18L2VQ?il=0
Retail REIT shares rally as fear of e-commerce competition ebbs
null
null
['Herbert Lash']
01-01-2021
reuters.com
null
success_wayback
gen
182,775
[0.949999988079071]
['NEW YORK (Reuters) - The stock of retail REIT Realogy Holdings Inc advanced on Thursday following guidance that it expects to raise its annual dividend following a year of record revenue and cost cuts.\nThe logo of the Realogy REIT is seen inside the stock exchange building in New York City, New York, January 29, 2016. REUTERS/Brendan McDermid\nHome-builder REIT’s shares rose as much as 5.4 percent after the company said its net income rose 61 percent from a year earlier to $53.2 million, or 61 cents per share, on revenue of $5.85 billion. Its shares have gained 39 percent this year, outperforming the S&P 500.\nWhile investors shied away from stocks rallying on overbought conditions in 2018, investors said uncertainty remained over the perceived threat of a leveraged shopping spree. Many equity valuations have been stretched by subprime mortgages that have caused an elevated level of foreclosures and other foreclosures.\n“If you look at valuations we’re particularly sensitive to…anything that increases competition, potentially impact on profit margins, from your business,” said Jeffrey Stromberg, chief investment officer at J.P. Morgan Private Bank, in Morningstar.\nOther REITs have also noted concerns over increased competition and a rising net interest margin as expectations of increased stress in the financial system take a more powerful role in the stock market, analysts said.\nBased on earnings estimates of the average of analysts polled by Thomson Reuters I/B/E/S, Realogy expects to hike its annual dividend from 20 cents per share to 35 cents. The company raised its free cash flow guidance to $372 million to $400 million.\n“This is certainly one of the strongest records in the REIT industry ... investors may have expressed disappointment at the lack of seasonality for the REIT industry, but it’s testament to the continued premium paying generation,” said Philippe Goussi, a partner at Franklin Templeton.\nThe company expects adjusted earnings before interest, taxes, depreciation and amortization to be in the range of $2.30-$2.40 per share. Its total debt is estimated to be roughly $1.1 billion.\nRealogy’s shares were up 1.6 percent at $84.35 at 8:05 a.m. EST (1305 GMT). The company said in December that revenue exceeded the Street’s view of $4.85 billion.\n']
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1,025
http://www.reuters.com/article/us-usa-immigration-detention-lawsuit-idUSKBN18L2P5?il=0
http://www.reuters.com/article/us-usa-immigration-detention-lawsuit-idUSKBN18L2P5?il=0
Civil rights group sues in U.S. court over immigration detention
null
null
['Jon Herskovitz']
01-01-2021
reuters.com
null
success_wayback
gen
182,777
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['WASHINGTON (Reuters) - A civil rights group said on Thursday it would sue the government over immigration detention and would hold demonstration next month in Washington, Delaware and Maryland over a federal court ruling that held that the children in detention could be removed from the United States if their parents are released.\nA former US attorney handling immigration matters said he will bring a suit against the U.S. Department of Justice over the detention of DACA recipient James Baker III, also known as James Patrick Doe. A lawyer for Baker did not immediately respond to a request for comment.\n“It will be a horrible time for the mother and the grandmother of James Baker III as the health of the boy will be delayed for years. The Department of Justice can say no, it won’t release James in this regard,” said Ethan Gerey, a lawyer representing David Gregory, one of the children of James’ parents.\nBaker III, who faces deportation after being arrested and charged in May with illegally re-admitting asylum to foreign nationals, was in his grandfather’s custody for about a decade before he was sent to a special mental health facility.\nGerey, in a written statement, accused the Justice Department of not upholding the separation of powers of the U.S. Constitution and detaining children in federal custody. He said he hoped it would give a voice to those who have been wrongly detained by the Justice Department.\n“The defendant’s legal obligation in filing our lawsuit this is beyond dispute,” Gerey said.\nLast month, the federal court in Virginia threw out earlier court rulings that held DACA recipients must be brought before court proceedings to determine their legal status. But U.S. District Judge Charles Breyer in Virginia rejected the Justice Department’s argument that the officials acted illegally and delayed the fate of the children.\nIn a separate case, a federal appeals court in Washington rejected a case to end deportations of nearly 3,000 children of undocumented immigrants who were kept in detention in the U.S. detention center run by ICE, saying it was unconstitutional for a government agency to unlawfully detain children.\nGerey, who was born in Northern California, plans to perform a sit-in at 10 a.m. EST on Jan. 30 in front of the federal courthouse, reported PolitiFact.\n']
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1,026
http://www.reuters.com/article/us-g7-summit-idUSKBN18L2ZU?il=0
http://www.reuters.com/article/us-g7-summit-idUSKBN18L2ZU?il=0
G7 leaders divided on climate change, closer on trade issues
null
null
['John Irish and Crispian Balmer']
01-01-2021
reuters.com
null
success_wayback
gen
182,780
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['LONDON (Reuters) - The leaders of the G7 countries divided on the issue of climate change on Friday, with Britain’s Theresa May citing concerns about wind farms and skeptics championing free trade but their leaders sticking to the view that trade is essential to economic growth.\nFILE PHOTO: Parliamentarians from the G7 Group of World Economists attend a news conference at the Hague in Hague, Netherlands October 13, 2018. REUTERS/Francois Lenoir/File Photo\nIn Belgium, euroskeptic Prime Minister Meles Zenawi of the European Union and center-right conservative Danes were seen bemoaning the cutbacks in European Union carbon emissions and agreeing with May that such measures are needed.\nIn Spain, the May-appointed head of the European Council, Carles Puigdemont, accused May of showing a “political facade”.\n“The world has lost its way,” Spanish Prime Minister Mariano Rajoy told reporters. “This present government’s vision is completely different from the one made by coalition partners ... in 2011.”\nModerate French president Emmanuel Macron, who has a surprisingly strong rapport with May, was criticised as “playing the double game” while India’s Narendra Modi praised her for opening up its carbon market and calling for talks on it.\nSunday’s summit is likely to address the issue of trade between the world’s two largest economies, where rising trade barriers are leading to tariff wars and in many economies cutting other countries’ reliance on exports.\nRajoy, in a speech to trade ministers, told them: “There is no room for the hollowing out of production and exporters will only be compensated by the quantitative and qualitative cuts of many countries.”\nOn taxation, he said it is important to discuss unfair payments for goods that are high turnover.\nThe summit is expected to also play a role in discussions on the United Nations’ long-overdue report on an upcoming Climate Change Convention, to take place in London in April.\nThe G7 leaders meeting in Brussels will not send a formal communique on the treaty but will emphasize the need for consensus, the head of the G7 bloc said.\nThe summit “of nine major economies - mostly the European Union, the United States, Japan, Canada, Australia and Mexico - can’t be set to be brought back to square one,” William de Haan, G7 France’s foreign policy chief, told Reuters.\n“We certainly will be looking out for unity, of bridges, common sense and mutual recognition, not only of the fundamental need for closer cooperation but also of our common determination to do our best to achieve our common objective of a single global climate agreement.”\nSlideshow (2 Images)\nHowever, Gordon Taylor, a former G7 economy minister and a member of May’s ruling Conservative Party, said: “The (May) government will have to take the opportunity to articulate the opposite message of an EU-US deal.”\nWednesday’s meeting of the G7 is expected to focus on protectionism, will take place against a backdrop of fierce lobbying by Japan, the leading creditor and industrial powerhouse, as well as the U.S. Department of Commerce’s March 5 decision to slap tariffs on exports from the world’s biggest economy.\nIreland is also expected to bring forward by three weeks its aspiration to become a G7 member in 2027 despite falling behind many years earlier.\nThe Gilles Brignall-led Irish government said on Thursday it would introduce legislation by the end of March to improve its role in international governance and coordinate international policy.\nThe Irish government said it would become a G7 member in 2019, but Labour has previously voiced doubts about whether it would wield that power.\nIt wants the G7 to discuss ways of reducing carbon dioxide emissions and how to keep renewable sources out of the way, without spelling out concrete rules that would deter polluters.\nGermany, Canada and the United States want to also sign a treaty to cut emissions, while Spain is preparing its own carbon quota agreement to be cleared by the other G7 leaders at the Paris climate summit in 2015.\n']
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1,027
http://www.reuters.com/article/us-lendingclub-lawsuit-idUSKBN18L2Z7?il=0
http://www.reuters.com/article/us-lendingclub-lawsuit-idUSKBN18L2Z7?il=0
LendingClub, ex-CEO must face U.S. shareholder litigation: ruling
null
null
['Jonathan Stempel']
01-01-2021
reuters.com
null
success_wayback
gen
182,781
[0.949999988079071]
['(Reuters) - A U.S. judge on Tuesday ordered LendingClub Corp to pay a $20 million civil penalty and to stop charging customers frequent loans for personal loans and online listing programs it put in default when the company was shut down.\nFILE PHOTO: The logo of LendingClub is seen on a branch of the bank of Luxembourg in this January 25, 2012 file photo. REUTERS/Thierry Roge/File Photo\nU.S. District Judge Myron E. Hoskins in New York, who oversaw the initial trial, ruled that the lawsuit seeking damages from LendingClub and an unnamed shareholder had been successful because the investors had tried to force the repayment of the loans if LendingClub stopped offering them.\nThe civil lawsuit had been filed by some shareholders in October 2018, according to a report by the New York Times.\nHoskins dismissed the claims on July 30, finding that LendingClub had already reached agreements to settle the lawsuit and that other shareholders had not attempted to take advantage of the litigation to collect damages.\nLendingClub, the maker of online financing for home loans, plans to appeal, according to a company spokesman.\nShares of the company were down 4.4 percent at $9.38 in morning trading on Tuesday.\nA lawyer for the shareholders did not immediately respond to a request for comment.\nShares of LendingClub were down 0.8 percent at $12.93 in morning trading.\n']
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1,028
http://www.reuters.com/article/us-gamestop-results-idUSKBN18L2PH?il=0
http://www.reuters.com/article/us-gamestop-results-idUSKBN18L2PH?il=0
GameStop posts strong first-quarter sales, but leaves forecast unchanged
null
null
['Aishwarya Venugopal']
01-01-2021
reuters.com
null
success_wayback
gen
182,783
[0.949999988079071]
['(Reuters) - GameStop Corp reported a first-quarter profit that topped Wall Street forecasts on Tuesday but blamed higher competition in its video game portfolio.\nFILE PHOTO: The Xbox One X console is shown during an event in Tokyo, Japan, December 16, 2017. REUTERS/Toru Hanai/File Photo\nShares of the video game chain, whose industry is undergoing an upheaval after four gaming and video game publishers split from Nintendo Co in 2014, rebounded modestly in afternoon trading on Tuesday, after the results.\nGameStop, a unit of Microsoft Corp, reported net income of $1.79 billion, or 75 cents per share, for the quarter ended Dec. 31, compared with an adjusted profit of $1.59 billion, or 84 cents per share, a year earlier.\nAnalysts on average had expected earnings of 71 cents per share, according to Thomson Reuters I/B/E/S.\nSales rose 7 percent to $2.34 billion, the record for the quarter, with all six of the company’s video game categories seeing double-digit growth.\nIn its older business, GameStop said it expects its video game revenues to be flat to up 1 percent.\nSales of GameStop’s prized intellectual property, including its legacy collection of games, continued to decline in the fourth quarter.\nDuring a profit warning in September 2017, GameStop said it was going through a restructuring, laying off more than 100 people and slashing its workforce.\nShares in GameStop rose 6.5 percent in after-hours trading, outperforming the broader market, which rose 0.3 percent.\nThe company warned of more competitors shifting consumer spending away from Apple Inc’s blockbuster Apple Watch or Sony Corp’s Playstation brand, saying more consumers are opting for home-grown high-definition tablets and smartphones.\nThe company forecast new software revenues of between $4 billion and $5 billion for the current quarter, compared with an outlook of between $4.4 billion and $4.65 billion.\n']
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1,029
http://www.reuters.com/article/us-g7-summit-trump-idUSKBN18L2Y1?il=0
http://www.reuters.com/article/us-g7-summit-trump-idUSKBN18L2Y1?il=0
Trump expects ’robust’ G7 discussions on trade and climate: U.S.
null
null
['Steve Holland']
01-01-2021
reuters.com
null
success_wayback
gen
182,784
[0.949999988079071]
['MANILA (Reuters) - President Donald Trump said he expects robust global trade talks to conclude in six to nine weeks at the Group of Seven summit in the Philippines, as the United States targets trade barriers and uncovers anti-dumping barriers.\nFILE PHOTO: A general view of the Philippine flag stands outside a port entrance of the Australian Transport Safety Bureau in Melbourne April 3, 2011. REUTERS/John Sibley/File Photo\nTrump made the comments during a conversation with South Korean President Moon Jae-in on Friday and early Saturday, Fox News reported, citing a White House official.\nHe said he sees “a robust and steady” trade agenda and wanted “very powerful multilateral agreements” to be signed before the G7 meeting in Japan next month, according to an aide to the White House.\nTrump has pledged to tear up parts of U.S. trade agreements that kick in as they expire, boost exports, help the World Trade Organization and rein in tax, duties and duties on imported goods.\n“The G7 has to look at these things before we open up trade,” the White House official said, adding that he would seek better trade rules from the rest of the group.\nThe Group of Seven leaders meeting in The Hague on Sunday will also discuss European energy and climate change and trade, after Friday’s agreement in Singapore with Japan.\nThe United States also hopes to clinch full U.S. waivers on duties on oil imports by the end of this year. It faces a debate in the WTO over how to deal with the huge global deficit.\nA spokeswoman for the Department of Commerce said late on Friday that it was still unclear when the U.S. government would release its latest round of trade tests, in the first week of February.\n']
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1,030
http://www.reuters.com/article/us-mexico-autos-idUSKBN18L2Y0?il=0
http://www.reuters.com/article/us-mexico-autos-idUSKBN18L2Y0?il=0
Billionaire Slim eyeing electric taxi to reduce pollution in Mexico City
null
null
['Anthony Esposito']
01-01-2021
reuters.com
null
success_wayback
gen
182,786
[0.949999988079071]
['FILE PHOTO: Two big white trucks carry off an official cart which delivers goods at the Alao de Blanco Motor City near Laozi, Mexico City, October 24, 2015. REUTERS/Jorge Dan Lopez/File Photo\nMEXICO CITY (Reuters) - U.S. billionaire Carlos Slim is working to significantly cut the amount of pollution in Mexico’s northern cities, which have run into three decades of decline due to transportation improvements and a lack of cars.\nMexican car excise taxes -- currently 6 percent of gasoline prices -- are down from 8 percent to 3 percent since 1985, which Slim led to 10 new models including UberEats, he told Reuters in an interview on Monday.\n“Let me put it this way: a year ago, today, Carlos Slim owned Mexico, and he’s very much on top of the world in this effort,” Slim said, emphasizing his $10 billion investment in electric vehicles in the country.\nKelvin Kruger, a spokesman for Slim’s company Global Telecommunications, has been driving away Mexican cars over the past four years and with his partnership with Fiat Chrysler Automobiles NV’s (FCA) Chrysler Automobiles NV (Chrysler) Consejo de Seguro Automócida in southern Oaxaca state, with plans to build more.\nKruger told Reuters that he is in talks with a former U.S. Federal Transit Administration planner over a letter he received last year from Harley-Davidson Inc’s (HOG.N) CEO Warren Buffet, which argued that “serious disagreement” over air quality could complicate efforts to control air pollution from construction sites.\n“The truth is, I don’t have a quick answer for that,” but added: “My father had as his advisor Naimio Kawaguchi who was in meetings with a different architect on this project. I don’t know if he was there to see if he could talk to the architect.”\nAlthough Slim has always championed air quality, the results of his efforts have so far been mixed, driving away thousands of private cars and driving away vehicles that fly low during rush hours.\nSlideshow (2 Images)\nKruger explained that local car dealers were not as enthusiastic about buying Garcia’s brand of compressed air to reduce emissions and backing away from the large fleets for the public fleet.\n“These guys are not my clients, they are not my competitors,” Kruger said. “The way these cars are built is to want the best in this country, not the best in Mexico.”\nMexican states have gradually started trimming pollutants and using more battery-powered mobility to move more people from one state to another.\nIn the last few years, Slim’s company is working with fleets of Prius and Toyota Prius hybrids on new taxi taxis powered by “AI” - which simplifies calculations of air quality. Nissan’s (7201.T) noorbus car maker plans to soon launch a mobility-focused SUV from Nissan that could rival the Prius.\nThe Latin American respiratory health is more at risk in Mexico than at any other country and the extra time spent on air pollution could reduce health spending by 10 percent to 20 percent, Kruger said.\nSlideshow (2 Images)\n“The incidence of carbon dioxide in Mexico is far more than that in the United States,” he said. “Many particles.”\nWorryingly, Mexican auto-safety regulations have been very high so far on fixed passenger compartments. Pricing for cars linked to emissions has been passed up by one product in a country with a 10-year record low emissions.\n']
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1,031
http://www.reuters.com/article/us-usa-stocks-idUSKBN18L1HC?il=0
http://www.reuters.com/article/us-usa-stocks-idUSKBN18L1HC?il=0
Wall Street hits record highs, helped by consumer stocks
null
null
['Caroline Valetkevitch']
01-01-2021
reuters.com
null
success_wayback
gen
182,787
[0.949999988079071]
['(Reuters) - Wall Street markets climbed to record highs on Tuesday after robust economic growth figures helped push corporate profits to their highest levels in almost seven years, giving investors hope for a possible increase in interest rates in a few months.\nFILE PHOTO: The Dow Jones Industrial Average (DJIA) is seen at the 10,000 mark in New York, U.S., May 7, 2018. REUTERS/Brendan McDermid/File Photo\nThe S&P 500 index closed near the close at 2,603.26, its highest point since February 13, 2017, with a gain of 1.4 percent on the day. It has risen almost 8 percent this year.\nSome investors see Tuesday’s rally as a potential sign of a “lessening risk aversion,” spurred by lawmakers narrowing tax-cut gaps ahead of the Nov. 7 elections. It was followed on Monday by a mixed bag of Fed speeches and comments.\nThe yield on the U.S. 10-year Treasury note ticked down to 2.325 percent, its lowest level since mid-November, and its intraday high was seen at 2.430 percent, according to Reuters calculations.\nThe Fed meeting promises to spark a rally in assets. The Federal Open Market Committee has been on hold from considering the possibility of raising interest rates until late 2019.\nWall Street’s outlook for the next few weeks was mixed, with some traders saying that they were willing to be “a little more conservative” and said that many had not seen a change in the federal funds rate since 2011.\n“The overarching theme over the last month has been how the Fed sees economic conditions accelerating as the housing recovery resumes and businesses compete more with other investors in the US for high-yield instruments,” said Rick Meckler, president of LibertyView Capital Management in Jersey City, New Jersey.\nNearly 10 percent of the S&P 500 companies in the broadest index have gained at least 10 percent from mid-December lows, according to Thomson Reuters data.\nThe GDP report was widely expected and data on business spending also held above economists’ expectations. But growth came in below what analysts had expected, at 2.6 percent.\n“While the report is a mixed bag, there’s also a lot of data that should be positive for rates,” said Peter Boockvar, chief market strategist at Oanda Wealth Management in New York.\n“The threat of hyper-inflation is bigger than we thought at this point. Yet the major market averages are still below historic lows and may see a few more gains.”\nFinancial shares lead the way up. The S&P financial index is up 2.2 percent.\nBanks led the way higher on Tuesday. HSBC Holdings PLC (HSBA.L) rose 1.3 percent to a 4-1/2-month high, while Royal Bank of Scotland (RBS.L) climbed 1.4 percent to a 2-1/2-month peak.\nFor the week, the S&P financial index was up 0.4 percent, weighed down by declines in shares of JPMorgan Chase & Co (JPM.N), Morgan Stanley (MS.N) and Bank of America (BAC.N).\nThe Commerce Department said consumer prices grew at an annual rate of 3.2 percent in the fourth quarter, matching expectations. That followed a 3.1 percent increase in the third.\nInvestors also saw data for November consumer spending that was stronger than expected.\nThe data showed that gross domestic product, the broadest measure of U.S. economic activity, improved at a 2.6 percent annual rate, bolstered by housing starts and construction, though slow growth in manufacturing and higher gasoline prices weighed on fourth-quarter growth.\nExcluding the volatile food and energy sectors, the economy grew a stronger 1.9 percent. That was in line with forecasts of an earlier gain of 1.5 percent. Economists polled by Reuters had forecast 2.1 percent.\nTrump was a surprise to many investors. He spent most of the fourth quarter in an abrasive campaign against a Trump-Russia scandal and is widely expected to beat Hillary Clinton to the White House in November.\nThe S&P debt market was closed on Tuesday. (Editing by Howard Goller and Lisa Shumaker)\n']
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1,032
http://www.reuters.com/article/us-ecuador-politics-idUSKBN18L2XF?il=0
http://www.reuters.com/article/us-ecuador-politics-idUSKBN18L2XF?il=0
Ecuador’s new president says he is negotiating World Bank loan
null
null
['Alexandra Valencia']
01-01-2021
reuters.com
null
success_wayback
gen
182,788
[0.949999988079071]
["QUITO (Reuters) - Ecuador’s new president Emmanuel Ramón Monor indicated on Friday that he had discussed financing a World Bank loan with the U.S. lender with help from the Group of 20 nations in a conversation last week.\nLuis Gonzalez listens to the voice of Ecuador's President Emmanuel Ramón Monor during an interview with Reuters in Quito, Ecuador, December 10, 2017. REUTERS/Henry Romero\nFollowing a series of online debate that shifted energy markets and prompted a visit by U.S. Vice President Mike Pence, Mauricio Macri, who along with Socialist President Rafael Correa took office on Dec. 22, initially tried to divert attention from the matter by sending a brief message through Twitter.\n“According to my well-known experience with debt forgiveness, we have two main interests - our dependency on global finance and our energy resources. We have two important interests,” Ramón Monor told a banking news conference, referring to the group of developing nations.\n“First and foremost, the Group of 20 is the leading financial power that we hope to represent in the United States. The critical role of that organization is to provide financial aid to developing countries that do not get close to the International Monetary Fund.”\nThe Group of 20 countries decided on December 8 to consider for the first time any financing of a more than $500 billion loan to help poor countries with the world’s top energy needs, although it was expected to be contentious.\nFinance ministers from 17 other G20 nations are also scheduled to meet in Accra, Ghana, in February as part of a plan to end the current effort to stabilize the region’s debt at a core level, to increase global net external reserves, sources have told Reuters.\nWhen asked by Reuters how he and the G20 could meet that goal, Ramón Monor replied, “I don’t think we will.”\nPRICING AT OBAMA’S AGE\nAsked by journalists whether he planned to sell natural gas in one way or another during his tenure, he replied: “All things being equal, I am not sure that politically it is. I certainly cannot sell gas because I think I can fulfil my duty.”\nAsked about his view on the question of U.S. support for Pacific nations trying to deepen the fiscal link with the West, Monor said that George Washington had mentioned the necessity of the bonds while addressing an event he attended during the 2007 summit between the U.S. and China.\n“That is part of the drama in Latin America, not because the bonds are part of the West but because the bonds are part of the global structure,” he said.\nAsked what he would now do, he said: “My main goal is to ensure that we create a stronger Latin American and the Caribbean than we have, I think.”\nSlideshow (3 Images)\nMonor was born into one of the region’s fastest growing working class families in Honduras, Nicaragua and Honduras and grew up in Ecuador when his father, Alberto Monor, was in the army during the 1970s.\nHe immigrated to Ecuador in the 1990s and moved to Basque Country in Ecuador, where he lived until he was 15 and then returned to America. He married Pablo Martinez López at a party and has two daughters.\nSpeaking about the banks, he said the debt problems in Latin America reflect lower oil prices and rising costs.\nThe Brazilian government, which buys oil primarily from countries with long-term debt obligations, is encouraging banks to prepare part of the $500 billion loan that will be released from the New York Fed next month, according to government officials and the people familiar with the negotiations.\n"]
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1,033
http://www.reuters.com/article/us-fox-hannity-breakingviews-idUSKBN18L2Q7
http://www.reuters.com/article/us-fox-hannity-breakingviews-idUSKBN18L2Q7
Fox pokes sleeping advertising bear
null
null
['Jennifer Saba']
01-01-2021
reuters.com
null
success_wayback
gen
182,792
[0.949999988079071]
['(Reuters) - U.S. adults 18-49 rose slightly last week and are now among the top five shows of the season, according to Nielsen data released on Tuesday.\nFILE PHOTO: A man walks past a logo of Fox Broadcasting Co. before an airing of the Super Bowl XLIX football game in Pasadena, California February 4, 2014. REUTERS/Mario Anzuoni/File Photo\nFutures-close futures for the S&P 500 index were up about 0.3 percent in early trading.\nTuesday’s slight gain could be on account of Fox, which plans to run a new primetime series “Black Box” this year with returning star Steve Carell and “The Predator” actor Charlie Hunnam.\nFox’s DGA shows “Moana” and “Ugly Betty” have been buoyed by their positive ratings, as have third-quarter revenue from Disney’s networks, Fox said.\n“Overall, season finales are running below where they’ve been over the last decade. That is the best that this has been,” Neil Saunders, managing director of consultancy GlobalData, said in a note.\nFor the week, Nielsen said the adult 18-49 audience rose 7 percent to 1.73 billion. That was the first increase of 1 million viewers in the 16 weeks since the program’s debut as part of a 53-week “AMC Sunday” run.\nThe adults 18-49 numbers were up 14 percent to 1.626 billion compared to the same week last year.\nNielsen’s digital metrics company, Digital Trends, said last week that like last year, advertisers at MTV, YouTube and Facebook accounted for nearly $1.06 billion of the $3.7 billion global ad dollar in digital in the U.S.\nAbout 64 percent of this year’s ad dollar for “Dr. Phil” has come from televisions, according to Nielsen.\nOther showings of the week notched ratings gains in the fall, with Thursday’s NCAA basketball game between the University of Mississippi and Alabama-Birmingham carrying higher viewership than expected.\nOther “Movieline” juggernauts beat last week’s marquee shows, most notably “The Bachelor” and “The Real Housewives of Orange County.”\n(Reporting by Jennifer Saba in New York; Editing by Meredith Mazzilli)\n']
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1,034
http://www.reuters.com/article/us-space-jupiter-idUSKBN18L2I7
http://www.reuters.com/article/us-space-jupiter-idUSKBN18L2I7
U.S. spacecraft finds cyclones, ammonia river on Jupiter
null
null
['Irene Klotz']
01-01-2021
reuters.com
null
success_wayback
gen
182,793
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['OLYMPIA, Washington (Reuters) - NASA on Tuesday detected something described by space weather officials as evidence of cyclones, especially around the planet’s equator, as the country rounded up scientists to explore a single planet.\nIn an email to the Wall Street Journal published on Friday, NASA’s Jet Propulsion Laboratory (JPL) said its team located a cyclone at a number of places in the ionosphere around Jupiter, around a month earlier than previously expected.\nJPL declined to give details of the cyclone but JPL said the right spot in the ionosphere should be available for monitoring of natural phenomena.\nExperts in the solar system know cyclones are common, but they rarely realize their presence until the sun is far away and the subtropical cyclone — a variable with a belt of storms and peaks in the distance — sticks out like a sore thumb across Earth’s surface.\n“How I see it isn’t quite the same as what I see from space,” said Melissa Lillian, a astronomy professor at University of North Florida in Gainesville and an observer for the Plos One constellation of 13 satellites.\n“The object is very far away, it looks really small, its topography is small, its behavior feels like the insertion of a communication tower in space.”\nCyclones can strike Jupiter during late summer, late fall or winter, when the low troposphere migrates towards the equator. They have named surface ginseng, flame grains, skunk methane and craters – with winds of 30 miles (66 km) per hour traveling at 200 miles per hour.\nMore closely associated with a small vortex deep in Jupiter’s atmosphere is the black dot known as a cyclone within a large gravitation clock. Scientists suspect the disturbance caused by small amounts of the fiery vortex could have an effect on the Earth’s atmosphere, not just on Uranus but on Uranus.\nOn Sunday, NASA announced three reasons for the appearance of a cyclone, including a hurricane produced at a volcano at the dwarf planet’s far northern edge that flared more than 1,000 feet (600 meters) at the edge, causing satellites to shoot skyward into the face of the cyclone.\nThat same week, JPL launched an unmanned probe into the southwest solar system that discovered the world’s first large disturbance observed by a planet’s storm brewing in a complex reaction. JPL said that cyclones around Jupiter happened in 1993 and again during the same period.\n(To comment on this story visit: here)\n']
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1,035
http://www.reuters.com/article/us-alabama-execution-idUSKBN18L15S
http://www.reuters.com/article/us-alabama-execution-idUSKBN18L15S
Alabama executes 75-year-old inmate convicted of 1982 murder
null
null
['David Beasley']
01-01-2021
reuters.com
null
success_wayback
gen
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['HALIFAX, A federal judge in Alabama sentenced 75-year-old Russell Reskin to life in prison in a clemency appeal, saying he violated the execution protocols with his 1975 murder conviction.\nThe judge in the western Alabama city of Annunciation made the move on Tuesday in Shelby County, where Reskin was convicted in the 1982 death of Alfred Randolph. A lower court earlier this month ordered a new trial to determine whether the sentence was excessive.\nA lawyer for the U.S. Department of Justice said in a statement that Reskin was seeking a new trial that would be conducted independently of the prosecution.\n"Rehnquist stated that we have a responsibility to litigate the case on its merits," said the statement.\nThe United States Department of Justice declined to comment on the judge\'s decision. The U.S. Department of Justice does not comment on cases being appealed to federal courts.\nRansom, a Wilmington, North Carolina, native who had been serving life in prison since 1981, had initially argued that the standard of jurisprudence in the case - the one that brought him the verdict - was flawed.\nRansom\'s case had led to a wrongful death lawsuit against the state that he and his daughter were awarded on behalf of Ransom\'s two brothers. A jury ultimately acquitted of six counts of conspiracy to commit first-degree murder and other charges against Robert Williams, who was convicted by a jury but not convicted of second-degree murder.\nRansom said he was happy with the case but that it had left him doubting the state\'s duty to ensure that his case was not without controversy.\n"It left me searching for the answers I really had," he said in an interview with Reuters earlier this month.\nRelatives of the other men also filed petitions with the U.S. Supreme Court last year challenging the death penalty for Regan, Ransom\'s wife and her 18-year-old grandson. That lawsuit seeks to be heard separately by the U.S. Supreme Court.\nThe American Civil Liberties Union argued the death penalty is unjust for prisoners who commit crimes but did not commit other crimes at the time.\nThe cases are held in pretrial hearings.\nRansom\'s lawyers said at the time he was once sentenced to die for failing to bring peace to a broken marriage.\nIn 1994, he was sentenced to die after pleading guilty to the attempted murder of one of his aunt\'s best friends during a 1973 robbery in which he and another man had an accomplice shot at her and struck her repeatedly.\nRansom said he hadn\'t been legally convicted of murder since the shooting and that it was a "frivolous" argument that left him broken.\nBut the crime was discovered when Ransom was gunned down by one of the others. He had used stolen credit cards to bankroll an elaborate lifestyle in which he spent up to $200,000 to buy the stolen goods.\nRansom has said he thought prosecutors were trying to deflect the trial judge and jury from forcing him to spend the death penalty on a crime that bore no possible malice.\n(Editing by Paul Tait)\n']
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1,036
http://www.reuters.com/article/us-usa-southchinasea-navy-idUSKBN18K353
http://www.reuters.com/article/us-usa-southchinasea-navy-idUSKBN18K353
U.S. warship drill meant to defy China’s claim over artificial island: officials
null
null
['Idrees Ali and David Brunnstrom']
01-01-2021
reuters.com
null
success_wayback
gen
182,796
[0.949999988079071]
['DUBAI/WASHINGTON (Reuters) - A U.S. warship that went on a mock drill aimed at rejecting a Chinese call for the U.S. mainland to be captured sailed it off the northern China coast on Wednesday morning, but was never disclosed, officials said.\nFILE PHOTO: The USS Illustrious USS Reflective Ace is seen at dawn on February 10, 2016, in the Persian Gulf, southeast of the Gulf of Aden in the western Somalia region of the Somali region. REUTERS/Muhammad Hamed/File Photo\nThe Coast Guard said the building-goals of the patrol ship of Nimitz-class aircraft carrier USS Illustrious were in keeping with its stated commitment to the Manned Sea Mission (MSP), a U.S. non-aligned, non-proliferation mission that ships operating internationally.\n“Our vessel is qualified to support the MSPs based on the U.S. maritime security requirements,” Rear Admiral Thomas P. Kimball, the head of operations for the Maritime Security Cooperation and other military and civilian shipbuilding communities, said in a statement.\n“As such, we invite the Chinese to put an end to this unnecessary exercise,” Kimball said.\nThe ship was patrolling the waters around the Horn of Africa, a global transit route for weapons that China accuses the United States of helping to seize from Vietnam in the 1950s.\nOfficials said the drill’s purpose was to teach the crew to deal with rapidly moving vessels of a rising menace, by using rudimentary weapons including air defence missiles.\nChina’s People’s Liberation Army (PLA) Navy test-fired dozens of its futuristic anti-ship ballistic missiles into shallow water off the coast of Yemen’s port of Hodeidah last month, several weeks after U.S. officials said they may push China to defend its disputed maritime territories.\n“The defensive nature of the drill was intended to emphasize the PLA’s large segment of warships,” said Mike Robrick, a L.A. Times media columnist.\nHowever, Kimball said the China-commissioned drills were not in keeping with the continued militarization of U.S. territory in the region, raising questions about whether the United States had used Chinese ships, warships and people to defend its vast and internationally funded military installations.\nLast month, Chinese coast guards successfully lobbed two long-range RQ-8 surface-to-air missiles into waters around Yemen, killing a Syrian man they thought were the suspected perpetrators.\nChina seized six Iranian submarines and three Chinese-made aircraft from Iran in 2014. China’s China Daily newspaper cited unidentified officials as saying Chinese ships had conducted drills in the Gulf of Aden and near Somalia.\nThe Communist Party said in a statement at the time it was not concerned about the dangers of militarization. But military records also showed a sixth Chinese ship suspected of carrying chemical or biological weapons sailed it on a routine mission around the Horn of Africa.\nAs a warning to China, U.S. Secretary of State Rex Tillerson said in December 2017, the United States would build a $6 billion naval base in Qatar, and then reopen those bases.\nAsked about a number of anti-China disputes, U.S. officials have said they want to present Trump with powerful means to address them.\nThe United States has railed against China and other nations for their behaviour in the South China Sea.\nChinese Foreign Ministry spokesman Lu Kang said on Tuesday that Beijing respected all the issues raised by the United States, such as the MSP deployment, and the MSP was for peace and security.\n']
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1,037
http://www.reuters.com/article/us-opec-oil-inventories-idUSKBN18L2Q1
http://www.reuters.com/article/us-opec-oil-inventories-idUSKBN18L2Q1
Big drop in U.S. oil stocks finally on the way, traders say
null
null
['Catherine Ngai and Devika Krishna Kumar']
01-01-2021
reuters.com
null
success_wayback
gen
182,799
[0.949999988079071]
['LONDON/MUMBAI (Reuters) - Heavy fall in the price of oil is prompting concern over the state of markets in the world’s largest crude exporter and slowing global growth, traders said.\nFILE PHOTO: Rumours of supply cut-downs by Saudi Arabia are pictured at a mill in Winterset, Saudi Arabia, January 28, 2017. REUTERS/Raheb Homavandi/File Photo\nBut there are signs the ramping up of fuel supplies has revived markets, with stocks of crude oil imported for more than six months falling to a two-year low and gasoline and diesel imports drawing mostly Qatari and British car parts supply.\nOther sources of oil consumption have also been declining at home, with car parts shipping home to the United States and Saudi Arabia, and trucking and ferrying services increasingly awash with imports.\nHigher fuel costs will be needed to bring the strength of the rally back into play and push oil stocks to record lows, according to a survey of trading in options and futures by brokerage ETX Capital on Monday.\nA rout in prices could widen risks for gasoline as heavy demand is squeezing supplies, boosting supply in already low prices and adding to supply needs.\n“This has caused tensions in the market. The volume is only encouraging people to come and sit out the summer rush,” said data compiler FxE Linthicum Exports in London.\nThe finance ministry said on Thursday it will revise rules governing last-minute U.S. fuel purchases to make those events less sensitive.\nCITIGROUP SHARE PRICES TO FIND A DIVERGENCE\nAfter months of warnings about a possible supply cut-off in Saudi Arabia, the kingdom reported that 4.1 million barrels per day (bpd) of production had been cut off to the U.S. as it sought to tighten control over its output.\nBut the reserves-driven production cut in Saudi Arabia was more than offset by a spillover from the United States and some parts of the Persian Gulf countries into Europe, a source with knowledge of the measure said.\nSupply to the U.S. is forecast to shrink by 1.6 million bpd in the coming year, partly as U.S. refiners idle for maintenance, including maintenance on jet fuel and shippers, while rigs are running at a pace with the six-month average of 80,000-bpd, said the second source, who asked not to be named because he was not authorised to speak to the media.\nThat means some refiners are scaling back production to reduce total weekly capacity to about 47.8 million bpd, the source said.\nA U.S. crackdown on non-compliance with a 2011 law to block purchases has slowed as more refined products are delivered via tankers or domestic pipelines, suggesting that shipping is looking less attractive than getting direct from the United States, said the third source.\nAnother source of oil supply. U.S. refiner Hess Corp (HES.N) said on Thursday the global demand for crude oil will keep rising despite a glut of it.\n“At this stage, there are definite signs that Saudi Arabia will continue with its plan to restrict domestic production if needed,” said one of the sources, who asked not to be named because he was not authorised to speak to the media.\nA September poll of investors by consultancy Futures Industry Association forecast demand for U.S. crude would rise by 5.3 million bpd by 2021, up from 4.3 million bpd in 2018.\nIn another sign of the possible oil supply cut-off, transport companies warned on Monday they would look to increase volumes after OPEC said it did not consider the probability of price reductions exceeding 2 percent, raising a view of an OPEC-led reduction.\nSaudi Arabia has always said it would revise fuel consumption figures for the kingdom before the OPEC meeting next month because supply must balance with demand.\n']
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1,038
http://www.reuters.com/article/us-opec-oil-idUSKBN18L0S8
http://www.reuters.com/article/us-opec-oil-idUSKBN18L0S8
OPEC, non-OPEC extend oil output cut by nine months to fight glut
null
null
['Alex Lawler, Rania El Gamal and Ernest Scheyder']
01-01-2021
reuters.com
null
success_wayback
gen
182,800
[0.949999988079071]
["VIENNA (Reuters) - OPEC and its non-OPEC partners agreed on Monday to extend next year’s cut to serve as a baseline for tackling the global glut despite lower oil prices, just one month before the 12 OPEC and non-OPEC producers agree in Vienna on how to tackle the crisis.\nFILE PHOTO: OPEC's Minister of Finance and International Operations (MTIO) Peter Volchenkov attends a news conference in Vienna, Austria, October 7, 2017. REUTERS/Leonhard Foeger/File Photo\nThe statement was issued after the cartel and its negotiators agreed that OPEC and its non-OPEC partners had started to clear some of the unused capacity to cope with the glut.\nU.S. gasoline futures are trading at record highs for the first time in more than a year and U.S. output is showing signs of stabilising. Many OPEC members are already cutting output as they feel it will take more time to ease the glut, either by improving the price of gasoline or by trying to rein in the global oil market.\nThe panel of producers, assembled in Vienna on Monday, approved all 13 cuts in December and early January that expire in 2023. The output pact that OPEC and its non-OPEC partners agreed last June was a stretch so far.\n“Today’s announcement is a classic first step. We join with our partners in meeting the challenges and trying to bring about a sustainable market for oil,” said Saudi Energy Minister Khalid al-Falih, adding that the deal needed to protect the market.\nOPEC, the world’s largest oil exporter, cut its output by 30,000 barrels per day to around 425,000 bpd in December, only for prices to rise.\nEconomists and officials are divided over how much longer OPEC will be able to see oil prices stabilise before basing cuts on the pact. Brent crude futures have tumbled over 14 percent since OPEC’s decision on Nov. 19 to cut output.\nOPEC is also under pressure to cut more than 10 percent of oil production at key low-cost operators like Libya and Iraq to bring the market under control. The biggest producers are Russia, Saudi Arabia and Iran.\n($1 = 0.9100 euros)\n"]
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1,039
http://www.reuters.com/article/us-ford-management-idUSKBN18L1EZ
http://www.reuters.com/article/us-ford-management-idUSKBN18L1EZ
New Ford CEO relies on veterans to reboot profits
null
null
['Sweta Singh and Joseph White']
01-01-2021
reuters.com
null
success_wayback
gen
182,802
[0.949999988079071]
['MUMBAI/ABU DHABI (Reuters) - Ford Motor Co (F.N)’s outgoing CEO is using them to fix the struggling German automaker’s volatile brand following a revamp that could steal its top global rivals.\nA Ford Motor Co. logo is seen in this undated handout photo. REUTERS/Ford Motor Co/Handout\nChief Financial Officer Vasant Narasimhan took over at Ford India in November and is partly responsible for building its brand in India, its third largest market after China and Brazil. He has also consulted peers about India’s prized auto manufacturing market, where it is operating the highest margins.\nBut it could be harder for Ford to win over India’s high-tech industrials, where domestic industry has struggled to adapt to rising production, and opportunities in China’s multi-billion dollar automotive sector.\n“Ford is having to face pretty different challenges, namely what we can and can’t do in the Greater China market where we know how to handle it,” Chief Financial Officer S.P. Raghavan told Reuters.\n“There are a lot of other industries in China where I think you really need to be focused on making sure that we can do (good) business there as well. So we have to prioritize driving the growth of the auto sector there.”\nRenault SA (REN.PA) won over Ford India when it bought a 62 percent stake in the automaker’s India operations in 2013, with the maker investing in technology to compete with rivals. In a memo to employees released Tuesday, Ford recalled former business executives and allies who oversaw its sales in India.\nCrony capitalism at the hands of wealthy investors has kept Ford weak in India, which accounts for roughly two-thirds of its global sales.\nIts stock price is down more than two percent from a year ago. Ford also missed a $3.4 billion profit consensus estimate in its third quarter, putting it in one of the worst performing members of the auto industry.\nFor now, Ford is focusing on its three pillars of growth, with new models like the Fusion EV and the new EcoSport to take the pain out of its Indian rivals.\nThe strategy has put the Fiesta running in slimmer, less sporty, midsize SUV form, the Focus compact sedan. It also hopes to fight tougher competition by launching an ambitious Avant midsize SUV in India.\nFILE PHOTO: The logo of Ford Motor Company is seen in a shop in Mumbai, India January 1, 2017. REUTERS/Shailesh Andrade/File Photo\nOn the basic value chain, Ford is trading at a premium to China’s Lianhe Zaobao, even though it makes many of its product lines there.\nBut Ford’s agenda in India is also shifting at a furious pace.\nThe plan is for the Ford-Indian venture to start operating in 2019, to ramp up sales to 5 million vehicles by 2021, and build a fleet of 150,000 vehicles a year by 2020 to 1.4 million units by 2025.\nThe administration of Prime Minister Narendra Modi unveiled the plans in August, aiming to bring together dealers, manufacturers and suppliers to create a better spinoff of the Indian auto industry.\n“That’s going to take some time, but the excitement of working with one partner (Tesla) was very exciting for me,” Raj Kapoor, a partner in United Ventures LLP’s automotive and manufacturing business unit, told Reuters.\nBut on the import front, Aditya Motwani, who stepped down as head of National Ford Motors Corp and operations director at Leo Burnett Co (JBY.N), has embraced others.\nHe is the first Indian to drive a Tesla Model 3 on sale in the country.\n']
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1,040
http://www.reuters.com/article/us-usa-economy-inflation-surprise-idUSKBN18L2OP
http://www.reuters.com/article/us-usa-economy-inflation-surprise-idUSKBN18L2OP
Fed faces a ’surprise’ problem on U.S. inflation
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null
['Dan Burns']
01-01-2021
reuters.com
null
success_wayback
gen
182,803
[0.949999988079071]
["FILE PHOTO: An American flag is displayed next to the U.S. Treasury Department's logo in New York, U.S., January 1, 2017. REUTERS/Lucas Jackson/File Photo\nWASHINGTON (Reuters) - The U.S. central bank faces an unexpected “surprise” in its inflation assessment of key inflation indicators, the economy’s own statistics chief said.\nThe Federal Reserve released a trade-relief report on Thursday predicting that U.S. core inflation averaged 2.2 percent in 2017, a slight increase from 2.3 percent in 2016. That is lower than the Fed’s 2.5 percent target and far below historical inflation readings of around 2 percent.\nBut the data helped boost the argument that the Fed may need to cut interest rates back to near zero. Even so, the statement added that the Fed remains relatively confident about inflation, which has been the Fed’s best friend and the strength of the economy helped boost its inflation forecast from 2.2 percent last month to 2.5 percent this month.\nReserve policymaker Ben Bernanke said the government’s sales tax measure will likely be the next official official “taper.” The Treasury Department’s annual National Retail Federation forecast, published ahead of the July 15 meeting, says that retailers will soon see a year-over-year rise in average sales.\nSome economists believe a May or June rate cut may be necessary, although retail sales are considered a key measure of whether a recession is still unfolding or has subsided.\n“The surprise dilemma on core inflation compared to 2016 is not surprising,” Paul Dales, senior U.S. economist at Capital Economics, wrote in a research note.\n"]
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1,041
http://www.reuters.com/article/us-usa-economy-unemployment-idUSKBN18L1M0
http://www.reuters.com/article/us-usa-economy-unemployment-idUSKBN18L1M0
Jobless claims edge up; goods trade deficit widens
null
null
['Lucia Mutikani']
01-01-2021
reuters.com
null
success_wayback
gen
182,804
[0.949999988079071]
["The U.S. dollar index and the yen's gains against the dollar are seen in this trading photograph in Tokyo November 26, 2014. REUTERS/Issei Kato\nWASHINGTON (Reuters) - Initial claims for jobless benefits rose last week, suggesting the labor market was gaining momentum as job seekers draw to job opportunities.\nInitial claims for state unemployment benefits increased 12,000 to a seasonally adjusted 305,000 last week, the Labor Department said on Friday. Economists expected applications to have dropped 21,000 to a seasonally adjusted 265,000.\nThe four-week moving average for long-term unemployment applications, the most closely watched measure of labor market trends, held steady at 234,250.\nThe claims data also lent support to the view that the U.S. economy is gradually generating more jobs in the works, even as a big chunk of the jobs growth was concentrated in job postings on the part of the factory sector.\nThe four-week moving average for the week, which takes into account the volatile days of the week which typically account for the hiring patterns in the labor market, was down 0.6 percent, not far from the nine-week average of +1.8 percent.\nThere is, however, some growing evidence that the U.S. economy is growing more slowly than forecast and that the supply of workers is growing and there is evidence of an even bigger potential to grow at least.\nWhile economists are turning away from the data, there are other signs of a large batch of potentially fresh job postings, which will likely be a key variable in the market’s response to a one-month rolling inventory calculation.\nConsumption was the biggest factor behind the expansion, accounting for more than 30 percent of the overall labor market, but the economy seems to be stronger in the months ahead.\nA robust labor market continues to signal an improving economy, which could spur some hiring and leading to more solid, if not bigger, gains in the manufacturing sector and construction.\nMajor indexes have been largely insulated from the chaos generated by the U.S. Federal Reserve’s recent decision to dial back its $4.5 trillion bond-buying program, which is widely viewed as a sign of future monetary policy policy shifts by the Fed.\nA key indicator of current jobless claims was declining again this week, indicating the labor market was improving.\n"]
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1,042
http://www.reuters.com/article/us-britain-security-manchester-idUSKBN18L0QU
http://www.reuters.com/article/us-britain-security-manchester-idUSKBN18L0QU
Trump condemns leaks after UK police briefly halt information sharing
null
null
['Elizabeth Piper and Estelle Shirbon']
01-01-2021
reuters.com
null
success_wayback
gen
182,806
[0.949999988079071]
["Britain's Prime Minister Theresa May (R) greets European Union Commission President Jean-Claude Juncker (L) after the main Brexit debate in Parliament in London, Britain January 1, 2018. REUTERS/Toby Melville\nLONDON (Reuters) - U.S. President Donald Trump on Friday blamed leaks by U.S. intelligence services suggesting Britain was conducting “excessive surveillance” of citizens, yet refused to condemn what he called the British police’s “zero tolerance” tactics in a tense meeting between the two leaders.\nThe hardline PM’s office issued a statement after being joined by top British police officials and chief constables, who met on Thursday to discuss a Downing Street statement on Britain’s plans to exit the European Union.\nIn a meeting starting at 11 am (1100 GMT), Prime Minister Theresa May said: “We will not tolerate any breach of national security or of the fundamental values of our people.”\nShe said police are “committed to defending democracy and freedom of expression from all forms of harm”.\nTrump, on a campaign swing through the United States, condemned Thursday’s statement and is set to meet European Commission President Jean-Claude Juncker later on Friday.\nIn Monday’s statement, U.S. intelligence officials said Britain had conducted surveillance of the mobile phone of an ex-ballistic missile maker, even though Britain says it was not “aware” of the Kremlin-linked MERS virus.\n“The United States finds the MERS virus’ surveillance operations to be extreme and unacceptable,” the MERS virus said. “This is indicative of the level of secrecy surrounding its activities on the international arena.”\nThe “world leader” but not the established know-how to develop a new RNA virus predicted to be used to spread killer viruses described by the Kremlin would need to be exposed, according to the statement.\n“Like the entire world, the United States is concerned about ... the threat posed by specific, individual MERS viruses.”\nThe High Commission in London did not immediately respond to requests for comment.\nTRUMP TAKES PHASE OUT\nTrump is under mounting pressure to meet senior European Commission officials to explain his decision to take Britain out of the European Union for a second time.\nLast Thursday, May’s two-day televised working retreat between Trump and EU leaders, including Juncker, did not lead to any agreement on Britain’s exit and has not helped defuse tensions between Britain and the bloc.\nTrump told May on Thursday: “I will not entertain any negotiation or settlement that may succeed in getting my country out of the EU.”\nAnd June welcomed Trump’s assessment of the effectiveness of some of Britain’s latest surveillance, saying “there are some strong indications of the scale of the country’s surveillance programme as well”.\nThe British security services have long charged London with orchestrating “high-level hacks”, exposing confidential intelligence, security, and tax information.\nIn the latest high-profile case, a high-ranking U.S. spy agency administrator reported that Prime Minister Theresa May had denied information that she had access to the emails of ex-UK spy chief Keith Alexander and Reuters reported that her personal use of a mobile phone was “plainly used” by British spies.\nMay’s office said the documents showed that March’s planned visit of Prince William and his wife, Kate Middleton, was in fact staged. A television documentary had shown footage from a May family London garden with footage of the extensive police detail following the raid on May’s home in March.\n"]
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1,043
http://www.reuters.com/article/us-ivorycoast-military-exclusive-idUSKBN18L2HP
http://www.reuters.com/article/us-ivorycoast-military-exclusive-idUSKBN18L2HP
Exclusive: Signs of more trouble in Ivory Coast as hidden hand saves mutineers
null
null
['Joe Bavier and Ange Aboa']
01-01-2021
reuters.com
null
success_wayback
gen
182,808
[0.949999988079071]
['UNITED NATIONS (Reuters) - Scattered signs of more trouble for Ivory Coast’s mutineers are entering the country with now a team led by the coast guard, state media reported on Monday.\nThe mutineers last week stormed the colonial police headquarters in the capital Abidjan, and the government called them armed protesters.\nThis makes some ominous signs of a larger confrontation that could weigh on the fragile fragile rebound in Ivory Coast’s economy from two years of near-freezing political instability, a government official told Reuters.\nThat could add to disunity among a general minority running for three-year terms, which sparked riots in 2015 that also sparked violent protests.\nAlgiers, one of the world’s poorest countries and the costliest in Africa, has known little about its mutineers since the mutiny erupted last week, forcing state media to announce an extended period of crisis.\nA report by the New York-based National Post newspaper on Friday said the tiny West African country was sheltering around 100 mutineers who want a more divisive role in the West African nation.\nAnalysts from British-based think tank The Centre for Africa and Caribbean Policy said signs of more trouble were emerging.\n“The wave is both good and bad, it is good because the government tried to restore order, but they lost their moral authority,” said Harjit Singh, a senior research fellow at Brussels-based London-based University of Kent.\n“Moreover, the country’s situation can ill-afford them to control the situation.”\nAny escalation of the mutiny would turn the tide of an already fraught political crisis, analysts say.\nECONOMIC POSITION\nIvory Coast has a political vacuum even as it faces a shock election in October for President Edy Banksa, a centrist who pledged to improve the country’s position in regional elections due in March.\nBut the scandal is only starting to raise some concerns, with some analysts wondering what its impact will be when the country is forced into more internal crisis.\n“The government is not participating and they can’t act as it should,” said Wu, a consultant with Gabon-based consultancy Collins Carter.\n“One would think the president would have panicked, and there could be a very large increase in the minority’s activities. But the government is not even watching the situation closely.”\nSo far, Ivory Coast seems unlikely to be affected by the uprising, said Haidar Bassi, a political science professor at the Center for Africa Studies.\nSince the mutiny a month ago, the country’s economy, which relies on tourism, has contracted by 3 percent since the beginning of 2017, a company official said.\nThe value of the country’s export earnings - some $1.8 billion, or 38 percent of GDP, in 2016 - was less than two percent of government revenue.\n“We need a strategic partner because we need a robust economic entity so that we can export more products in a fair and efficient way so that that is the norm,” the president said in a televised address last week.\nThe squalid situation could change.\nAt the weekend, the main security agency in Abidjan said it would help.\nThe country’s commercial minister promised that “100 percent compliance with a national law on human rights would take place.”\n']
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1,044
http://www.reuters.com/article/us-usa-election-montana-democrats-idUSKBN18L0KE
http://www.reuters.com/article/us-usa-election-montana-democrats-idUSKBN18L0KE
Republican wins Montana special election despite assault charge
null
null
['Justin Mitchell']
01-01-2021
reuters.com
null
success_wayback
gen
182,812
[0.949999988079071]
['FILE PHOTO: Voters cross the 60th Street Mall in Ferguson, Missouri, on November 9, 2017, to vote for Democratic candidate Justice Bill Tuggle as they look over campaign signs. REUTERS/Jeff Haynes/File Photo\nMONTREAL (Reuters) - Republican Sen. Jeff Merkley lost his bid to unseat incumbent Democratic Gov. Brian Schweitzer in a special election in Montana on Tuesday despite alleging sexual assault charges.\nSchweitzer, a Democrat, was forced to deny filing charges against Merkley, with a court hearing in La Crosse, Wisconsin, scheduled for Friday.\n“The expectations of the Montana Republican party are that those expectations will be lifted by the results of the special election and indeed the presidency of the United States,” said Republican pollster Joe Schad.\nThe race, which the Montana GOP had held since its 2015 election victory over Democratic challenger Donald Trump, was expected to draw attention to the type of discrimination Schkelley faced.\nSchkelley’s race against Vice President-elect Mike Pence was considered a political test, as is his base of support for the Republican National Committee.\nMerkley faces a runoff in November with Republican challenger Jim McLaughlin.\nSome Republicans expressed their dislike for Merkley’s opponents on social media after voters cast ballots for the measure, to ban transgender people from hiring or firing people with transgender or other identifying characteristics.\n“We must not look down on folks with tattoos or whom one might have hidden sexual contact,” said GOP Sen. Tom Cotton of Arkansas, which voted for the measure.\nTo win or lose, the Republican incumbent must defeat another Democrat in the November ballot.\nSkepticism about the tax reform that Republicans crafted to roll back some of the largest tax hikes in 2040 could make efforts to recruit Republicans at the state level more difficult, experts said.\n']
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1,045
http://www.reuters.com/article/us-chemchina-m-a-financing-idUSKBN18L0DI
http://www.reuters.com/article/us-chemchina-m-a-financing-idUSKBN18L0DI
Bank of China main backer as ChemChina raises $20 billion for Syngenta deal
null
null
['Carol Zhong and Julie Zhu']
01-01-2021
reuters.com
null
success_wayback
gen
182,815
[0.949999988079071]
['* General Partner Poly Poly will raise $7 billion by providing equity\n* ChemChina holds up to 0.50 percent stake\n* ChemChina put eight firms up for sale to M&A firms\n* Newest flagship AG, Canadian family firm to buy alternative clean energy unit\nBy Carol Zhong and Julie Zhu\nSHANGHAI, Jan 1 (Reuters) - A consortium led by General Partner Poly Poly Holdings will raise $20 billion by providing equity to the Chinese agricultural giant ChemChina, the National Treasury said on Friday, adding that it was putting eight foreign firms up for sale, most of which were founded by U.S. originators.\nChemChina’s two main partners have been part of its financing over the past few years as General Partner Poly has invested in several high-profile deals such as a Chinese subsidiary of China’s largest railroad and a network that includes shopping malls across Africa.\nWith the U.S. Energy Department’s approval of its $38 billion investment in China, such investments have gained increasing appeal to the Chinese economy, which has posted strong growth over the past three years.\nProject developer and funds firm China Export & Commodities GFAS-CP will add another $15 billion via a new private equity fund, called China China Investments (CCI), with Credit Suisse and UBS, as major investors, said a statement.\nAdding the group of 100 shareholders and China Export & Commodities GFAS-CP is a natural evolution from the “two veteran Chinese farming families” founded by Provenance Group founder Heyung and Merit Group founder Frank Wang in the 1960s, which also issued water purification plants and railway goods.\nThe group used the funds to pay down debt and invest in a U.S. theme park project, the China Logistics Logistics Center, and Monsanto, GM of which the groups own a 30 percent stake.\nCoinciding with its latest announcement, ChemChina on Friday said that “the partner investment” would produce up to $60 billion in capital between now and 2040, underscoring how huge all sectors of the economy are subject to the trust placed by countries such as China as a stock for investments.\nChemChina, a unit of China’s top consumer chemical producer, has already raised over $13 billion by capital raising and selling shares through a combined $50 billion Global Fund and Non-IAEA Center for Sustainable Development.\n']
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1,046
http://www.reuters.com/article/us-web-com-m-a-exclusive-idUSKBN18L2YO
http://www.reuters.com/article/us-web-com-m-a-exclusive-idUSKBN18L2YO
Exclusive: Website builder Web.com in talks with buyout firms -sources
null
null
['Liana B. Baker and Greg Roumeliotis']
01-01-2021
reuters.com
null
success_wayback
gen
182,816
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['(Reuters) - eBay Inc is in advanced talks with online auction site Web.com Inc (WNBA.O) about forming a joint venture with a group of private equity firms, three people familiar with the matter said on Thursday.\nFILE PHOTO: Clothes are displayed at a department store in Vancouver, British Columbia, Canada, January 25, 2014. REUTERS/Ben Nelms/File Photo\nWeb.com, owned by eBay, said in a regulatory filing on Wednesday that it was in advanced discussions with investment companies to forge a new affiliate that would manage Web.com’s operations.\nWeb.com filed a report with the U.S. Securities and Exchange Commission on Monday saying an affiliate of EBAY.O and PE firms Bain Capital, KKR & Co LP (KKR.N) and TPG Capital Management LP, known as KKR Financial Partners, had expressed an interest in buying the company, which has been focused on online markets for payment-based e-commerce for years.\nThe move by EBAY is at odds with other auction site competitors such as Alibaba Group Holding Ltd (BABAY.N), bidders at Whole Foods Market Inc WFM.N or Target Corp (TGT.N) who have said they would like to acquire other Internet-based merchants through a joint venture.\nBONDS AND BUYERS\nBut much of the investment in Web.com has been the result of eBay’s rich cash position and low debt, according to a filing.\nBONDS AND BUYS\nEBAY and the Bain groups believe a joint venture could generate proceeds of $300 million-350 million, the people told Reuters, citing one person familiar with the matter.\nWeb.com said last month that it had raised almost $900 million in a debt-backed funding round led by Neuberger Berman to fuel growth in its payments businesses, which made up 28 percent of its revenue last year.\nIf the venture is established, eBay would have completed a nearly four-fold increase in payments to customers, changing eBay from an enabler of delivery to a major automaker, according to the people.\nWeb.com’s chief executive, Aurelien Benchion, and Yonghui Hu, senior vice president of eBay’s Payments business, said at the time the funds would be used to scale its Payments business.\nNeither eBay nor Bain would discuss the report, which Bloomberg is not naming, but they did deny any interest in buying or swapping Web.com.\nWired, a media industry newsletter, said the potential buyout of Web.com would improve eBay’s overall valuation but the New York Stock Exchange’s daily ticker (AMEX:ET) also said the stock fell Wednesday as a result of the report.\nBoth WFM and KKR declined to comment.\n']
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1,047
http://www.reuters.com/article/us-payless-bankruptcy-pprivateequity-idUSKBN18L27K
http://www.reuters.com/article/us-payless-bankruptcy-pprivateequity-idUSKBN18L27K
Payless to try fending off creditor probe of owners with own review
null
null
['Tracy Rucinski']
01-01-2021
reuters.com
null
success_wayback
gen
182,817
[0.949999988079071]
['(Reuters) - Payless ShoeSource Inc will look into whether retailer Dollar General Corp improperly split off its current creditors on the basis that it failed to secure the loan, its chief financial officer said on Tuesday.\nSome investors have filed a class action lawsuit against Dollar General, asking a judge to bar the retailer from serving them unpaid credit, or credit card, installments.\nDollar General has hired a fourth-party monitor to oversee its finances. The company’s “tax assets” are sold to Tullow Oil Corp, which submitted the deal but then filed for bankruptcy.\nPayless, which is majority owned by Herbert Diess, is “very strongly considering the deal,” Chief Financial Officer Danny Brown said at an analyst conference.\n“We want a fair deal that our customers and employees are happy with and that they can come back to us as quickly as possible,” Brown said.\nBrown did not elaborate on how long the company could take steps to recover debts.\nPayless shares fell 0.16 percent in early trading.\nThe company was not able to borrow from shareholders last year, saying that as a result of the courts’ order, its 2016 federal borrowing was cut to $13.2 million from $29.4 million.\n“They remain firmly committed to a two year reprieve in their bank debt,” National Bank Financial analyst Jessica Durnin said in a research note.\nBrown said it was unclear when Dollar General will file a response to the $23.9 million government lawsuit it filed in October.\nThe company will also consider whether to continue monitoring the collateral held by its unsecured creditors, Brown said.\n']
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1,048
http://www.reuters.com/article/us-religion-ramadan-usa-tillerson-exclsu-idUSKBN18M2IE
http://www.reuters.com/article/us-religion-ramadan-usa-tillerson-exclsu-idUSKBN18M2IE
Exclusive: Tillerson declines to host Ramadan event at State Department
null
null
['Yeganeh Torbati']
01-01-2021
reuters.com
null
success_wayback
gen
182,818
[0.949999988079071]
['WASHINGTON (Reuters) - Secretary of State Rex Tillerson has declined to host a Muslim meal at the U.S. State Department, spokesman John Kirby said on Monday, following a report by CNN that the U.S. chief diplomat is in fact mulling traveling.\nFILE PHOTO: U.S. Secretary of State Rex Tillerson delivers a statement during a meeting with business leaders to discuss oil and gas development at the Business Council of CEOs Meeting in Brussels, Belgium February 4, 2018. REUTERS/Yves Herman/File Photo\nTillerson attended Friday’s U.S. President Donald Trump’s inauguration, the first off-the-cuff briefing on the state of U.S. relations with the Muslim world.\n“Secretary Tillerson has consistently issued clear and consistent statements and positions that reflect his administration’s position on the current global environment and the long-term stability of the U.S. and its allies,” Kirby said.\nTillerson declined to confirm or deny reports in the Atlantic that he is mulling a visit to the Middle East, but said he would miss Trump’s inauguration.\nRepresentatives from U.S. embassies around the world, including the U.S. embassy in Dubai, have been invited to the conference, alongside representatives from other embassies, to discuss the importance of the meetings, Kirby said.\nThe earlier news reports mentioned Tillerson as visiting the U.S. Embassy in Dubai for Ramadan and offering prayers with followers in his native Russia.\nBut Israel confirmed that Tillerson would take part in the seminar.\n“He will meet with representatives of participants at the event and share his views and perspective. Israel has expressed the satisfaction and satisfaction with Secretary Tillerson’s travel,” Kiri Telafat, an official in Israel’s Foreign Ministry, told Reuters.\nTillerson’s U.S. ambassador, Elyakim Rubinstein, will also attend the conference, Kirby said.\nTelafat declined to comment further, citing the sensitivity of the matter.\nThe events follow a decision by Washington to suspend more than 200 visits to Muslim states following accusations of ties to terrorism by various U.S. officials.\nTillerson is known for coming out with a strong position on Iran’s nuclear program, something he supported with Secretary of State Mike Pompeo.\n']
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1,049
http://www.reuters.com/article/us-usa-trump-warroom-idUSKBN18M2FU
http://www.reuters.com/article/us-usa-trump-warroom-idUSKBN18M2FU
In shakeup, Trump to set up ’war room’ to repel attacks over Russia probe
null
null
['Jeff Mason, Richard Cowan and James Oliphant']
01-01-2021
reuters.com
null
success_wayback
gen
182,819
[0.949999988079071]
['U.S. President Donald Trump talks about foreign policy during an informal meeting with Mexican President Enrique Pena Nieto, a Mexican national in Rio de Janeiro on November 22, 2017. REUTERS/Marcos Brindicci\nMEXICO CITY (Reuters) - President Donald Trump will bring in “the battle room” to deal with the growing international threats of foreign espionage from the United States and other countries, including from North Korea and Iran, the Trump administration said on Thursday.\nThe meeting is expected to be overseen by U.S. National Security Adviser John Bolton. Bolton had been studying new powers for such a move, the White House said, but there is a “de facto division” among officials within the White House.\n“The battle room will be directly overseen by the national security office and contain all authorized control rooms, staffed by U.S. officials, who will lead the intelligence community in the time between conferences,” the White House said in a statement.\nThe Department of Homeland Security said the new war room would be staffed by employees who “will lead all intelligence efforts and search and recover requests in foreign states.”\nIt will also, if needed, expand the work of investigators from abroad to U.S. agencies, it said.\nIn comments ahead of the meeting, the White House said one of its key objectives would be to prevent a “replay of events that happened in the past,” “not to stop the investigations but instead to ensure our country’s global security”.\nNorth Korea launched a ballistic missile that struck the Japanese town of Hiroshima and exploded over Hiroshima city in 1945. North Korea has no comment or other plans for the new war room.\nTrump has vowed to crack down on U.S. allies such as Britain, China and France for failing to uphold ties with North Korea.\nFor the meetings, the U.S. administration is expected to seek evidence of foreign state espionage and possibly data breaches at government agencies, Bolton has said.\n']
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1,050
http://www.reuters.com/article/us-usa-trump-boehner-idUSKBN18M2AO
http://www.reuters.com/article/us-usa-trump-boehner-idUSKBN18M2AO
Boehner: Trump has been ’complete disaster’
null
null
['Pete Schroeder']
01-01-2021
reuters.com
null
success_wayback
gen
182,822
[0.949999988079071]
['WASHINGTON (Reuters) - Republican Representative Richard Neal said on Tuesday that House Speaker Paul Ryan has not been “only a disaster” this past election cycle, but that Republican leaders may be ignoring it.\nSenator Richard Neal of Pennsylvania speaks during the Reuters meeting about foreign policy in Brussels, Belgium, September 23, 2017. REUTERS/Philippe Wojazer\nLast week, Trump canceled a trip to Europe to punish Saudi Arabia over its ongoing probe into alleged ties between its government and Trump’s son-in-law, Jared Kushner. On Wednesday, he appointed Nevada Republican Richard Neal to the Senate’s Foreign Relations Committee.\nNeal, whose district encompasses Cleveland’s Owatonna Park, said that the president “should definitely be thinking about talking to … other countries around the world about what’s going on in the Middle East.”\nSuch trips could range from recent contacts between U.S. officials and Iran to intelligence on Syria and Russia. But Neal said he would likely do both to get the Iran deal done, known as the Iran Sanctions Act, also known as REACH.\n“I’ve done it before,” Neal said. He said he wanted to do something like REACH to get the House to act on the action and to kick the can down the road, rather than wait until the election or for Congress to do it.\nNeal said he hopes Trump will now speak to Congress about REACH, which passed last week by a vote of 288-181.\nHouse Democratic leader Nancy Pelosi on Monday called on Trump to call out Pence in Congress to deal with the issue.\nTrump issued a statement after the bill’s vote and then claimed it would help Congress take tough decisions. It did not go as far as addressing the broader issue of the Iran deal.\nPelosi called for a referral to the FISA court, which is investigating potential collusion between Russia and Trump. She said that would help influence the outcome of Russia’s election.\n']
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1,051
http://www.reuters.com/article/us-texas-governor-guns-idUSKBN18N009?il=0
http://www.reuters.com/article/us-texas-governor-guns-idUSKBN18N009?il=0
Texas governor draws criticism for joke about shooting journalists
null
null
['Jon Herskovitz']
01-01-2021
reuters.com
null
success_wayback
gen
182,823
[0.949999988079071]
['(Reuters) - Texas Governor Greg Abbott called out Kansas Governor Pat McCrory and Kansas University Chancellor Nicholas Brindisi on Friday for the comments made during a FOXNews.com interview, in which the candidates appeared to agree on opposing abortion and gay marriage.\nTexas Governor Greg Abbott speaks during a public forum at the Renaissance at The Florida State University, Miami, Florida, U.S., January 3, 2017. REUTERS/Joe Skipper\nBoth sides of the Republican and Democratic parties on the executive branch said the comments by the three governors were inappropriate, but one disagreed with them about specific issues or events.\nState Sen. Pete Franchione, a member of the judiciary, said while he disagreed with his colleagues’ discussions about abortion, he agreed with Abbott’s move to keep the Texas tort case against private equity money-losing companies like Blackstone Group LP and Carlyle Group LP.\n“We’re in control of this economy,” said Franchione, a Republican who represents western Austin. “We need to fix it ourselves. We’re continuing to penalize what an economy could be like if we allowed private equity money to run around.”\nSeveral people who spoke with WFAA-TV (Channel 4) in Houston, as part of an ongoing push to win critics’ support in Texas, said they did not expect the comments to cause any awkwardness or anxiety.\n“I think as they’re talking about the Texas tort case, what the hell did he have the guts to say?” said Sam Luntz, a 28-year-old pastor and partner at a Dallas-based large firm.\nThe comments drew laughter from many in the audience, as their political opponents appeared to distance themselves from Abbott, governor of Texas.\nTexas lawmakers, members of the public and even retirees -- some of whom said they were outraged by their political leader’s comments -- spoke in mostly traditional tones and small pauses, at times to speak on the political system and at times to joke.\nNew U.S. Supreme Court Justice Anthony Kennedy was in Houston on Friday to discuss the retirement of Justice Antonin Scalia, while Louisiana Senator Jesse Helms, a Democrat, criticized Abbott’s comments.\n“We need a conservative commissioner of the Supreme Court. One where they want to separate us from other parts of the country. It’s a childish statement,” former House of Representatives Majority Leader Bill Flores told Fox News on Friday.\nSince then, on Saturday, Abbott called for legislation that would repeal Texas’ abortion ban and restrict some research into fetal tissue during her Senate confirmation hearings, also in Houston.\n“I know (Governor Abbott) is not the biggest defender of women’s reproductive rights in Texas, but at the same time he is a friend of Texas,” Brindisi told lawmakers.\nMcCrory called the statements inappropriate and said it was inappropriate to debate other subjects.\n“The fact is, anybody who believes that you can find powerful examples in the past of using a guy like that to attack women and conservatives is either out of tune or hasn’t grasped what I know about the connection between these two phenomena,” said McCrory.\nDemocratic U.S. Senator Elizabeth Warren, also an official at the U.S. Senate Judiciary Committee, was cautious about the comments, saying they could be misinterpreted as contemptuous of opponents of abortion and women’s rights.\n“I think what she said is a little inappropriate,” Warren said. “When you come in and talk about issues that are civil, right or left, the body politic can see it as an expression of those ideologies.”\n']
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1,052
http://www.reuters.com/article/us-usa-stocks-idUSKBN18M18R?il=0
http://www.reuters.com/article/us-usa-stocks-idUSKBN18M18R?il=0
Wall St. drifts before long weekend; consumer stocks up
null
null
['Caroline Valetkevitch']
01-01-2021
reuters.com
null
success_wayback
gen
182,824
[0.949999988079071]
["(Reuters) - Wall Street shares pulled back Monday, starting the year but rising for the first time since 2013 as investors geared up for the U.S. consumer goods market’s fourth-quarter earnings season.\nFILE PHOTO: A shopping cart holds Sysco Corp packets of milk at the company's new-generation Checkout Center on November 9, 2016 in Newark, New Jersey, U.S. REUTERS/Eduardo Munoz/File Photo\nYet the broader market reversed a two-day selloff early in the session, and saw individual stocks in the consumer discretionary sector gain 0.6 percent as energy giant Exxon Mobil (XOM.N) and cement maker cement maker Foster Wheeler Wheeler Wheeler FWLT.N advanced.\nEarly Friday, an executive at Sysco Company told Reuters that early fiscal second-quarter results could be negative because of its advertising weakness.\nConsumer discretionary stocks typically tend to lag during the early stages of bull markets, so it was worth taking the heavy-weighted S&P 500’s move lower, including its current price-to-earnings ratio of 16.2, to put the S&P Consumer Discretionary sub-index.\n“On the discretionary side, if it’s going to hit 25.5 (y/y) or something like that it’s going to get down to 15,” said Charlie Ergen, who serves as chairman and CEO of General Electric Co.\n“And on the consumer side, if your business depends on healthier sales, it’s going to get down to 13, and then you really have to differentiate them by having healthier sales, which all seemed to be in place.”\nEnergy services company Exxon Mobil was the biggest positive on the S&P, up 0.9 percent. Shares of Packaging Corp PZZA.N gained 2.7 percent.\nFreeport-McMoRan Copper & Gold (FCX.N) rose 1.2 percent. Wholesale crude oil delivery firm Husky Energy (HSE.N) gained 0.3 percent.\nCOMMODITIES\nManufacturing was the main exception to the overall market rally, with consumer discretionary stocks heading higher as fears of supply disruptions in China lifted demand for cars and other goods.\nShares of Hess Corp (HES.N) added 1.2 percent and life sciences company Johnson & Johnson (JNJ.N) rose 1.7 percent.\nTechnology companies were the exception, with Amazon.com (AMZN.O) and Microsoft (MSFT.O) leading the way higher.\nOn the technology front, Tesla (TSLA.O) gained 1.2 percent as the manufacturer continues to ship vehicles that emit only smoke.\nHowever, Samsung Electronics (005930.KS) dropped 1.6 percent as the heavily subsidized company is expected to take a hit as Japanese phone makers see too much profit on their smartphones.\n“This may mean that Samsung is going to get the three-to-four-pound (pound-plus) price hike that's in the market and that might be a huge driver,” said Iannco analyst Ali Dibadj.\n“I think this is purely about the company’s profit potential.”\nApple (AAPL.O) was the top decliner on the S&P, rising 0.7 percent. U.S. stocks were down for a second session in a row.\nWall Street was closed for the New Year’s holiday on Sunday. This year’s annual state-of-the-art facilities in Miami comprise some of the world’s largest glass factory complexes, and buildings, according to Reuters.\n"]
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1,053
http://www.reuters.com/article/us-egypt-security-idUSKBN18M10P?il=0
http://www.reuters.com/article/us-egypt-security-idUSKBN18M10P?il=0
Egypt launches air raids on Libya after Christians killed
null
null
['Ahmed Aboulenein']
01-01-2021
reuters.com
null
success_wayback
gen
182,827
[0.949999988079071]
['CAIRO (Reuters) - Egyptian President Abdel Fattah al-Sisi signed a national unity deal on Thursday over the handling of past crimes against Christians, including the execution of 20 schoolgirls, as violence shook the North African country after oil giant Libya’s intervention.\nDemonstrators stand in front of burning tires during a demonstration demanding the head of the Christian Church in Sudan (Rafael Figueroa/via REUTERS)\nThe agreement includes naming a prosecutor of acting President Abd al-Rahman al-Naji and the prosecutor handling confessions that could be involved in crime against humanity. It also gives the authorities a right to impose sentences on individuals found guilty of crimes against humanity.\n“We have signed this agreement, today, in spite of the fact that this happened and neither the Government nor the opposition has asked for a judicial process,” Sisi said at a ceremony to mark the signing ceremony.\n“We have joined this dialogue to give the help to those who are victims of human rights violations: the murderers.”\nTensions in the North African nation have been rising after Libya’s intervention in September, the military’s intervention in support of the United Arab Emirates (UAE) and the Gulf monarchies of Bahrain and Kuwait, and the theft of Egypt’s tourism revenues by Islamist militants.\nOpposition protests broke out this week as protest marches across the country have intensified.\nActivists said Egypt had opened a hotline for protests and an indefinite blockade of the Nile river, which flows through the North African nation.\nSadat Tawiwan, spokesman for the North African bloc in Egypt, said: “Nothing like this happened in Libya and probably Libya should have been supervised as quickly as possible by the international community.”\nTawiwan said state institutions were only capable of ensuring justice.\nDISPUTED CHARGES\nThe deal, drafted in Egypt’s judicial services secretariat by a South African court, is expected to speed up the investigations into abuse in the country’s prisons and halt lawsuits against members of al Qaeda’s Salafist splinter group who were jailed in recent weeks.\nMost Egyptian men living abroad have been sentenced to eight to nine years in prison, but five were released in April, according to Cairo court records.\nAlthough the prosecutor in Libya, who would not be named, said he accepted the principle that confessions must be legal, there was an expectation it would happen soon, Tawiwan said.\nAt the ceremony, applause and excitement began to abate. Sisi and the women of the ministry of justice met dozens of people, more than 100 of whom waited to see their names in the bill that came up during the ceremony.\nToonon Barghany, 47, of Cairo, said she had settled in Cairo at a relative’s house about four years ago, when Egyptians had fled his country to escape Sisi’s crackdown.\n“I love Egypt, I still do in Egypt,” she said, gesturing towards the back of the tent erected in an airbase outside the capital.\nSlideshow (3 Images)\n“We had to live in my house for a while and my brothers lived here for just a day,” she said, before moving on to talk to her children, 14 and 17. “Today, my children are here here, my brother (is) in his eighth-grade, my sister in her eighth-grade.”\nThe agreement with the ICC, the world’s top court, which has jurisdiction in the Arab world, would also call for hearings “in addition to the existing procedures”, Sadat said.\nIn addition to the trial process for those who commit violence against Christians, the ICC also plans to establish a special prosecutor at the request of the prosecutor, Sadat said.\nPeace talks with Libya’s estranged neighbors, Egypt and Tunisia, broke down in December over several issues, including lack of autonomy and some form of media freedom.\n']
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http://www.reuters.com/article/us-egypt-security-church-idUSKBN18M2QB?il=0
http://www.reuters.com/article/us-egypt-security-church-idUSKBN18M2QB?il=0
Grief, rage in Egyptian church after Copts attacked by gunmen
null
null
['Ahmed Aboulenein']
01-01-2021
reuters.com
null
success_wayback
gen
182,828
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['CAIRO (Reuters) - Anger, rage and grief erupted at Cairo’s Coptic Cathedral when militants shot dead 15 people at Muslim prayers on Sunday, as their community called for unity to mark the start of religious life in Egypt on the eve of the third anniversary of a 2009 Islamic uprising that led to revolts across the Muslim world.\nRiot police try to control crowds gathered in the Coptic cathedral during celebrations marking the start of Coptic, the fourth anniversary of the failed state uprising that the Coptic Christian minority is seeking to gain from a secular government. PHOTO: REUTERS\nThe gunshots followed a “die-in” outside the packed cathedral in Cairo’s Tahrir Square, a center of street demonstrations in the past year against the Muslim Brotherhood.\nRights activists said this included teenagers and children carrying T-shirts bearing the group’s slogan, “The black letter Copts, not the Mubarak era”.\nEgypt’s Brotherhood and several other religious leaders were exempted from arrests and have not yet lost their influence.\nAbdullah Farah, Egypt’s interior minister, said the militants opened fire on funerals for 19 people killed in Saturday’s riots when police stopped a group of protesters in the capital. Four policemen and the three suspected Islamist militants were also killed.\nThe church, which hosts the 70th anniversary of the prophet Muhammad’s birth, condemned the killings as “unlawful” and said the government was obliged to support the situation.\n“The deaths are collective, one, and two. Every civilizational institution is entitled to the protection of its community and is working to dismantle terrorism,” Issa Md, Egypt’s minister of community and religious affairs, said on state television.\n“Egypt must stand by the community in its struggle against political Islamism.”\nHuman rights lawyer Khaled Al-Kabyaby, one of the protesters who died, said witnesses reported massive looting on a street and an attack on a police station led by two policemen. He said many people had been injured during Sunday’s uprising that saw demonstrations by the left-wing Islamist Muslim Brotherhood held briefly in Cairo.\nPOWERFUL BREAK\nIn Tahrir Square, a protester, Khalid Haidata, said he had noticed a new calm in the city after the killing of protesters in Marouf, a suburb north of Cairo.\nHe added: “Now it’s like God that is fighting for Egyptians. This is a reminder that Egyptians are coming together, as they have in years past. It’s been a disaster, but God is here and that’s why we will prevail.”\nChristians assert that the Brotherhood is marginalizing Muslim people, though Islamic law forbids the group. Egyptian President Abdel Fattah al-Sisi is expected to be re-elected for a fourth term in April.\nThe growing protests brought a further chill to Egypt’s prospects of peace with Israel, whose military ousted President Mohamed Mursi of the Muslim Brotherhood, the organisation that made its debut in Egypt in the spring of 2012.\n“We must honor the martyrs of martyrdom with youth and let them finally rejoice before it is too late,” said Sisi himself.\nViolence, often mirroring a historically violent revolt, has become increasingly common in Egypt’s impoverished and lawless Sinai Peninsula, one of the world’s poorest and most violent areas of the Mediterranean.\nOne protester said: “Things are getting worse. We know how difficult it is to keep a peaceful line, but this is not the answer.”\nSeveral machete-wielding youths tried to kill a group of young Palestinians who had earlier gone to protest against police violence in Gaza, the witnesses said. A rubber bullet wounded one of the assailants, he added.\nBoth Mursi and Sisi have pledged a full security response after President Abdel Fattah al-Sisi won re-election last week, saying “no one was a target”, and with signs of growing protests, Sisi and the Brotherhood, which has controlled the country since former army chief Abdel Fattah al-Sisi was overthrown in June, may see a loosening of their grip.\n']
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1,055
http://www.reuters.com/article/us-chipotle-cyber-idUSKBN18M2BY?il=0
http://www.reuters.com/article/us-chipotle-cyber-idUSKBN18M2BY?il=0
Chipotle says hackers hit most restaurants in data breach
null
null
['Lisa Baertlein']
01-01-2021
reuters.com
null
success_wayback
gen
182,829
[0.949999988079071]
['(Reuters) - Chipotle Mexican Grill Inc (CMG.N) is offering security updates to help restaurant customers handle reporting data breach from potential hackers, including credit card and mobile phone data.\nA logo of Chipotle Mexican Grill is seen at a Taco Bell restaurant in Aurora, Colorado, U.S., November 27, 2016. REUTERS/Rick Wilking\nCustomers at two Chipotle restaurants in Palo Alto, California, can now do what they think is necessary to access information from their cellular phones. The company said it was aware of a report of a hack at two restaurants.\nChipotle’s 3,400 U.S. restaurants now have stringent reporting requirements because of their position as a “prime suspect of fraud” in the ongoing data breach.\nIt did not identify the restaurant where the breach occurred, citing security screening protocols at U.S. media outlets and officials working with law enforcement.\n“The criminals who penetrated these establishments’ servers could have had access to the servers for many weeks or years without affecting their security procedures,” Chipotle said in a statement.\nChipotle said it is working with credit card and mobile phone companies to make password-securing codes available to customers as well as help ID thieves buy entry-level products from stores. The restaurant chain is also testing a new offering of chips, El Patron teas and SportsMax balloons.\nThere are several ways Chipotle can do more to protect customers’ personal information, customers and staff said. It also includes offering a new PIN option for unsecured transactions, change the price of a coupon or learning more about the 5G network that will be rolled out across the company next year.\nIt also said it has delivered a security update to food vendors. Security costs for full-service beef will be increased at Chipotle stores. It has also added security cameras to four of its Mexican restaurants.\nBefore the attacks on three of the four restaurants in Palo Alto, California in September, former PayPal security contractor Joel Reynor told federal investigators that hackers had targeted security personnel at Chipotle restaurants around the country. They made purchases of food using PayPal and credit card numbers printed on advertisements, he said.\nThe attacks were suspected of being perpetrated by HackyRox, a British-based app that allows hackers to gain control of computers and phones.\nAndrew Cardwell, a former director of security at PayPal, told MSNBC that hackers have been able to steal passwords from computers used by hackers to make purchases from participating restaurants and brands, and have also seized credit card numbers from dinner seats in Chipotle restaurants.\nChipotle’s website was broken into Friday and had more than 35 million items stolen, said spokeswoman Margo Georgiou. About four months ago hackers used PayPal to steal that data, Georgiou said.\nThere are now more than 110,000 credit card and mobile phone transactions at Chipotle restaurants.\nMax Pombus, a hacker who lost control of his tiny credit card for violating some rules about how the system can be hacked, told Reuters it was common for people to commit similar attacks, either under false pretenses, or without authorization. Pombus said that he lost his credit card after breaking through the security system at Chipotle in August.\nThe FBI and police began looking for the hackers at Chipotle in late December, but lack of information about the new risk identified by news media was frustrating, he said.\n']
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1,056
http://www.reuters.com/article/us-fidelity-climatechange-idUSKBN18M110?il=0
http://www.reuters.com/article/us-fidelity-climatechange-idUSKBN18M110?il=0
Exclusive: Fidelity may back climate resolutions, a milestone for activists
null
null
['Ross Kerber']
01-01-2021
reuters.com
null
success_wayback
gen
182,830
[0.949999988079071]
['FILE PHOTO: The U.S. flag flying at U.S. Capitol buildings is seen during Christmas holiday celebrations in Washington, U.S., December 26, 2017. REUTERS/Joshua Roberts/File Photo\nWASHINGTON (Reuters) - Eight activists who seek to regulate climate change have formed an activist group known as Climate May, after meeting this week with Fidelity Investments and Bank of America Merrill Lynch as part of a broader push to limit global warming.\nThe group, known as Climate May, will then meet with an intergovernmental panel on climate change and then a non-governmental organization, within the next year, asking its members to ratify legislation to limit greenhouse gas emissions, the activist group said in a statement on Thursday.\nIf approved, the groups say the United States should set the world’s first annual global limits on greenhouse gas emissions and should ratify a global agreement on limiting warming at the U.N. conference in December.\nA spokesman for Fidelity did not immediately respond to an email query seeking further comment.\nThe Climate May group could join those including Senators Claire McCaskill, Lisa Murkowski and Heidi Heitkamp, who have introduced a climate change bill, and Massachusetts Senator Elizabeth Warren. The two other senators are sponsored by state Republican Governor Charlie Baker.\nClimate May declined to say when its members will meet and by how much they could win. It was not clear if climate May had hired a Democratic administration or which would choose to limit or regulate emissions from large polluters.\nClimate May in the statement said it was planning to meet with other entities for years to come to discuss the group’s activities and ways of further disrupting climate change.\nThe climate group said it was part of an anti-Trump movement, spurred by Republican President Donald Trump’s adoption of policies that support climate-related public health and conservation practices.\nNorman Reedus, a spokesman for the U.S. House of Representatives Climate Action Committee, said the group has a 30-day window to gather feedback before a legislative action.\n“This is an indication of a movement, a goal, to move forward with curbing global warming,” Reedus said.\nSignals of criticism from environmental groups came as Trump campaigned in November, saying Republican President-elect Trump had committed to many environmental policies: blocking regulations on oil and gas drilling and curbing methane pollution.\nThe Washington Post said Trump and his Republican presidential rival, Vice President-elect Mike Pence, were unlikely to release the details of their climate talks, but have met privately with other administration officials to discuss Trump’s plans.\n']
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1,057
http://www.reuters.com/article/us-libya-security-idUSKBN18M1WU?il=0
http://www.reuters.com/article/us-libya-security-idUSKBN18M1WU?il=0
Fierce clashes as rival factions battle in Libyan capital
null
null
['Ahmed Elumami']
01-01-2021
reuters.com
null
success_wayback
gen
182,831
[0.949999988079071]
['GENEVA (Reuters) - A simmering rift within Libya’s nascent Democratic Forces for the Liberation of Azawad (FLE) flared into a combative confrontation on Tuesday, as rival factions clashed in a Tripoli city center, where rival governments met for another conference.\nFILE PHOTO: A protester rises in front of the Libyan Independence Church, a government-controlled building in Tripoli, Libya January 29, 2017. REUTERS/Esam Omran Al-Fetori/File Photo\nLibya’s transition has avoided a direct clash between rival political factions ahead of a June election but sporadic violence has continued around the capital Tripoli and other cities since the breakaway regions emerged in March.\nOn Tuesday clashes broke out in Tripoli’s largely pro-reform Old City as rival factions clashed under a banner known as “Angertaf”. The rival faction, led by Islamists, marched into Tripoli’s National Council, local officials said.\nThey said that fighters loyal to Supreme Council of the Armed Forces were attacking a deputy of Libya’s interim national authority, NTC chief Abdul-Hadh Ghazali al-Sammmani, who was in the Muslim prayer room.\n“We are going to make an official announcement about the armed forces,” Sammmani told reporters on the scene in Tripoli, adding: “Fifty (nations) are brawling.”\nLibya has seen chaos since early 2017 when former leader Muammar Gaddafi fell to rebels who gained control of Tripoli and neighbouring Misrata. While both have ruled for nearly six decades, Libya’s eastern regions are their most violent.\nOil-rich east Libya has become a corridor from oil exploration and exports through east Africa for the Middle East to western Asia. Libya was the biggest producer in the world when Gaddafi was deposed in 2011.\nThe Benghazi-based opposition has dominated but has stuck to its military, official and grassroots agenda as it seeks to revitalise Libya’s democracy and end years of “disappearance”.\nThe main opposition delegation to Libya’s National Transitional Council (NTC) met with senior security officials in Tripoli on Tuesday as the rival factions worked on reform agendas for the 30-year-old transatlantic state, a regional election source said.\nEgypt’s main opposition group later called for calm and for national dialogue, said its spokesman, Abdel-Fatah al-Sattar.\n“…Today we have arrived (in Benghazi) to make positive and concrete negotiations,” Khaled Said told reporters.\nLibya’s new interim leaders should have a unified army to “revive” Libya’s political reform agenda, Saadi al-Najjar said. “Now those institutions must exist.”\nPrime Minister Ali Zeidan called on his security chiefs to launch reconciliation talks with Libya’s rival governments in order to break the impasse.\n“We have signed a number of communiques which we hope will be delivered by today (Tuesday) and can be swiftly concluded,” he said in a text seen by Reuters.\nTwo senior U.N. diplomats on the scene in Benghazi met senior NTC members in Tripoli on Tuesday morning. “On Tuesday, the Norwegian Foreign Minister John Holmes, a senior U.N. diplomat, called on the Libyan National Army to establish a credible armed force,” a Tripoli-based diplomatic source said.\nOn Wednesday, representatives of the main NTC militia group, the Tripoli-based National Forces Alliance, met in Benghazi to try to form a unity cabinet.\nU.N. experts warned that Libyan security officials may have had an advantage when the new transitional government was put in place and that violence would flourish after elections are held in June.\n']
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http://www.reuters.com/article/us-g7-summit-eu-trump-idUSKBN18M0UF?il=0
http://www.reuters.com/article/us-g7-summit-eu-trump-idUSKBN18M0UF?il=0
Merkel pushes back against renewed Trump criticism of surplus
null
null
['Andreas Rinke']
01-01-2021
reuters.com
null
success_wayback
gen
182,835
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['BERLIN (Reuters) - Chancellor Angela Merkel\'s conservative bloc has decided to backtrack against the Trump administration\'s call for a strong spend-foreseeable surplus when debt servicing is taken into account, Merkel\'s spokeswoman told reporters on Wednesday.\nThe argument against bolstering long-term debt has come under renewed scrutiny since Trump said on Tuesday that he expected the United States to cut its deficit by billions more annually, to coincide with a $17 trillion-plus budget deal reached in December.\nThe German leader will come under fresh pressure on Thursday when she meets French President Emmanuel Macron and German Chancellor Angela Merkel to discuss how to maintain balanced budget deficits before he takes office next year.\nPresident Donald Trump\'s officials took to Twitter to urge U.S. officials to boost short-term growth plans that could see the cost of high interest rates rise for U.S. Treasury bonds and mortgage-backed securities, in his pitch to business and business people that all of this spending is not needed, the Wall Street Journal said, citing people briefed on the matter.\nA senior German official cited by the Journal said the Chancellor would resist any suggestion that the payment of debt servicing alongside future tax revenues could be used to bolster sustainable deficit-financing policies.\nMerkel\'s environment minister, Dan Halpern, told reporters after meeting Macron in the southern German state of North Rhine-Westphalia on Wednesday that the government will push back against Trump\'s suggestion that the state-run European Union\'s 24 biggest economies have to underperform their aggregate annual deficits if they do not drastically cut their debt loads.\n"We should stick to those principles and decide where we stand," Halpern told reporters in the northern state of Saxony-Anhalt.\nEU FORECASTS SAVING THE CHANCE\nSchneider, one of Merkel\'s more conservative allies, said in a Reuters interview on Wednesday that the administration is increasingly concerned about their ability to stick to strict fiscal plans that were included in their 2017 budget.\nHe told the newspaper Merkel\'s policies in coming years will include improving the negotiating process with Washington to make debt payments "beyond what\'s going on now".\nThe latest move, obtained by Reuters, would "significantly reduce" the chances of returning to the euro zone at the medium-term level, especially as Germany\'s assistance to Greece has become a flashpoint over recent weeks, he said.\nMerkel\'s SPD, which is expected to come under pressure if Merkel loses a re-election bid in May, was also wary of further domestic political instability.\n"The situation has reached a point where the private sector must get used to renegotiating its terms and not just worry about right now," she told reporters.\nA Treasury spokesman said the Treasury was focused on continuing to "provide the measure of financing flexibility to Germany by meeting current obligations on Germany\'s external debt obligations".\nThe department said the decision was made following carefully noted discussions with the German government.\n(Reporting by Andreas Rinke, Editing by Mark Trevelyan)\n']
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1,059
http://www.reuters.com/article/us-usa-interior-bearsears-idUSKBN18M2M1?il=0
http://www.reuters.com/article/us-usa-interior-bearsears-idUSKBN18M2M1?il=0
Trump’s bid to open U.S. monuments to development draws calls for protection
null
null
['Valerie Volcovici']
01-01-2021
reuters.com
null
success_wayback
gen
182,837
[0.949999988079071]
['WASHINGTON (Reuters) - Presidents, governors and mayors of both major U.S. cities on Friday defended their former presidential candidate Donald Trump’s proposal to close 72 national monuments, arguing that he was wrong to ignore rules that have long protected people’s property.\nFILE PHOTO: U.S. President Donald Trump at the General Services Administration in Washington, DC, U.S., January 1, 2018. REUTERS/Yuri Gripas/File Photo\nA coalition of mayors, governors and other U.S. presidents urged Trump on Thursday to reconsider his proposals, which prohibit U.S. mining, oil and gas development, or a public declaration of a national monument.\nTrump on Thursday announced plans to cut $100 billion from his proposed national monuments, effectively turning the Antiquities Act, a U.S. Supreme Court ruling in 2008, into an almost meaningless list of federal monuments and monuments he has vowed never to close.\n“Obviously no one is interested in protecting the Park of the States from the President of the United States,” said Belinda Webb, president of the Presidents Coalition. “They want us to be kind, but they don’t want to preserve what we already have.”\nThe mayors asked the U.S. president, who as president came from the southeastern U.S., to reconsider the authority of the Antiquities Act.\n“We believe we need to make the Antiquities Act a more limited issue,” said Benjamin Purkayaskovich, president of the Ohio State League of Cities, the group that supported Trump’s proposal to open the huge national monuments.\nAmnesty International applauded the mayors’ support, saying Trump had “failed to account for the past and present-day realities of our nation’s environmental laws and landscape.”\n“It’s time for Trump to go,” said Jeffrey Childs, an attorney who co-authored a letter to President Trump urging him to reconsider the president’s proposals.\nThe White House did not immediately respond to requests for comment.\nFielding a broad coalition of mayors, governors and others who helped fund a nonbinding letter, Trump urged Obama to sign it, saying the executive branch had leeway to discuss with the states what the expansion of federal protection was likely to bring about.\nIt was one of several actions Trump could take as he seeks to head off criticism of his administration. He is preparing a cabinet appointee and senior White House adviser to be in charge of the rebuilding of the stalled southern half of the U.S. South.\nThe inaugural crowd of about 30,000 cheered when Trump walked into the Lincoln Memorial and made his speech. Supporters paid hundreds of dollars for their tickets, a company spokeswoman said.\nTrump plans to plant himself in the nearly 200 national monuments already built by his predecessor Barack Obama, he said.\nTrump opponents pointed to the president’s announcement as evidence that the process for deciding how to handle the monuments is out of control.\n“It is time for an Attorney General with a subpoena power to draw this line into whether or not someone has the legal capacity to draw the line legally in this country,” said Larry Noble, a Republican political consultant who heads the U.S. Democratic Party.\nWhite House press secretary Sarah Huckabee Sanders declined to comment on whether Trump was considering a national monument.\nThe National Park Service said there had been hundreds of challenges to Trump’s plans for monuments nationwide but the monuments were “made to protect Americans’ property rights.”\nNorth Dakota Governor Steve Bullock said he would take a position on a national monument approved by President Barack Obama, but the state has mostly backed Clinton.\nKansas Governor Sam Brownback would not comment on plans to close 100 national monuments, including the National Wildlife Refuge and Great Plains Public Lands. He called the Trump plan “a cold pipe dream.”\nHowever, Arizona Governor Janet Napolitano told the Des Moines Register that Americans “have never seen one like Trump’s.”\n“America’s citizens, environmentalists, scholars, scientists, citizens of other lands have rightly called on us to close these monuments,” she said.\n']
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1,060
http://www.reuters.com/article/us-sec-enforcement-peikin-idUSKBN18M2LZ?il=0
http://www.reuters.com/article/us-sec-enforcement-peikin-idUSKBN18M2LZ?il=0
Steven Peikin expected to be named co-chief of SEC enforcement: source
null
null
['Karen Freifeld']
01-01-2021
reuters.com
null
success_wayback
gen
182,838
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['NEW YORK (Reuters) - Former U.S. securities regulator Steven Peikin is expected to be named co-chief of the Securities and Exchange Commission (SEC) in coming weeks as a combination of head and chief of enforcement, an SEC official said on Thursday.\nFILE PHOTO: Former U.S. Securities and Exchange Commission Chairman Steven H. Peikin arrives for a conference session on the Iran nuclear deal at the Waldorf Astoria Hotel in New York City, U.S., June 9, 2015. REUTERS/Brendan McDermid/File Photo\nDavid Shaffner, an associate chief of enforcement and a retired senior SEC official, told Reuters on Thursday that Peikin’s promotions have been “far-reaching.” He is leaving in February.\nShaffner, who announced his retirement last week, said Peikin will soon head the agency’s efforts to help competitors and others escape the boundaries between markets and federal securities law.\nWhile Peikin and Shaffner did not identify the person who would replace Peikin as co-chief of enforcement, they would most likely have increased his pay, some analysts and lawyers speculated. Peikin has an annual salary of around $55 million, according to the SEC.\nThe SEC has said that talks with Peikin on his return, if he is indeed going to stay on, were continuing.\nA source familiar with the talks said the parties had said for months that Peikin was not interested in resigning and would only discuss appointment with other senior SEC officials. The source said an arrangement between Peikin and Shaffner was in the works, though the information is still sketchy.\nRepresentatives for Peikin could not immediately be reached for comment. The SEC declined to comment on which type of person will fill the job.\nPeikin has been focused on enforcement since 2003 and has advocated for market stability to more consumers and undermine the Federal Trade Commission’s regulatory bureaucracy.\nHe was appointed by former Republican President George W. Bush to be the SEC’s senior enforcement director in 2006.\nPeikin previously worked at the Wall Street Journal as an executive in Washington and as a lawyer in private practice before his retirement. He left the Journal after six years, starting in 2005.\nSan Francisco and New York State police have investigated Peikin for possible criminal charges stemming from his role in Bear Stearns Cos.’ collapse in the years following the Federal Reserve’s interest rate hike.\nPeikin’s announcement comes a month after the SEC finalised its long-awaited consent decree to settle claims dating back to 2013.\nThat settlement was not structured to solve everything the SEC could, or should, from individual fraud and excessive executive compensation.\nMichael Ferro, president of JPMorgan Chase & Co, which is among the top five banks under SEC scrutiny, has argued that Peikin’s removal could endanger SEC enforcement’s reputation.\nPeikin spent five years in federal law enforcement.\n']
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1,061
http://www.reuters.com/article/us-telesites-divestiture-idUSKBN18M2LL?il=0
http://www.reuters.com/article/us-telesites-divestiture-idUSKBN18M2LL?il=0
Slim seeks to sell minority stake in tower company Telesites: sources
null
null
['Liana B. Baker']
01-01-2021
reuters.com
null
success_wayback
gen
182,839
[0.949999988079071]
["NEW YORK (Reuters) - global tower company Telesites Plc said on Thursday it would sell its 50 percent stake in the management company’s tower business to the Dubai-based U.S. unit of India’s Bharti Enterprises Ltd for $100 million and would ask shareholders to provide them with cash.\nFILE PHOTO: The logo of tower company Telesites plc is seen inside of a building at San Francisco International Airport, California February 9, 2017. REUTERS/Robert Galbraith/File Photo\nJoint venture capital firm Blackstone Corp (BX.N) and management company Liberty Global Plc (LBTYA.O) led the move.\nIn a note to clients, Blackstone said it had about $106 million of financing commitments to retain Telesites after the deal.\nTesites earlier in the year secured a funding commitment of $50 million for new financing for the company’s tower business.\nInternational Tower’s sale is not expected to draw big investment from U.S. debt investors.\n“This is a rapid and difficult transaction, and Blackstone’s access to the financing and synergies to help deliver value to our tenants makes this deal the best deal for the company and its investors,” TJ Stryker, chief executive of Telesites, said in a statement.\nPlacenta submarket, Telesites provides local delivery services from projects in Kenya to Dubai. The company also owns shopping mall and hotel development projects in Europe.\nZarqawi’s attacks on western Iraq in 2016 highlighted how the West and Eastern Europe have struggled to adapt to a decade-long surge in Islamic State’s goal of eventually seceding from Syria and Iraq.\nOn Tuesday, Telekom Austria (TKIA.PA) said it had acquired new U.S. pricing arrangements from Turkmenistan’s Moac OSA Ltd for $9 million.\nTelesites, which has all eyes on India, said it would use the cash proceeds to increase its capital base and to make strategic investments that will bolster its existing footprint in its core markets.\nThe shares in Telesites were up 1.5 percent at 181.05 rupees in a Nasdaq trading earlier in the day.\nDUBAI DEAL\nA deal to buy Telesites shares in its tower business will tie Telesites to a Dubai Islamic real estate company as a streamlining effort, three people familiar with the situation said.\nSingapore-based KW, in a separate transaction, acquired a 51 percent stake in Israel’s Kanyoncja owner to expand its presence in the region.\nSingapore’s city-state also has the opportunity to buy Iranian interests and minority stakes in an infrastructure company owned by a U.S. Department of Defense contractor, the sources said.\nFinancial details of the deal were not disclosed.\nTelesites said it expects to complete the transaction by June 2021. (r.reuters.com/dab95t)\nThe Qatar Investment Authority (QIA) is also involved in the sale of a stake in Telesites.\nTelesites paid $78 million in 2012 to operate its tower unit, Telesites Global. It operates 1,827 towers in Europe, the Middle East and Africa.\nGermany’s Siemens AG (SIEGn.DE) owns one-third of the parent company’s tower assets, and also has a 38 percent stake in Telesites.\nThe tower segment contributed 2.2 percent of Helga's revenues in 2016, while Telesites revenues fell 4.4 percent.\n"]
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1,062
http://www.reuters.com/article/us-climatechange-talks-breakingviews-idUSKBN18M2CR
http://www.reuters.com/article/us-climatechange-talks-breakingviews-idUSKBN18M2CR
Trump’s Paris accord call will be anticlimactic
null
null
['Antony Currie']
01-01-2021
reuters.com
null
success_wayback
gen
182,843
[0.949999988079071]
['PARIS (Reuters) - The drive to withdraw from the Paris climate accord is likely to fail, leaving the United States to spend more than $15 billion and the European Union to pay for it until 2020.\nA woman sits on the rooftop of the Houses of Parliament in Paris, France, November 12, 2017. REUTERS/Charles Platiau\nOn Friday, Trump threatened to veto a resolution in the House of Representatives seeking a “no” vote to extend the U.S. effort. That resolution, which would likely narrowly pass with a vote of only two-thirds of the House, probably will be rejected.\n“I have written about the merits of the challenge,” Trump told a news conference. “That is only one of the articles. That is not a real set of rules. So, if, in fact, there is nothing from the bill I am prepared to do, then it is a consequence of the American leadership.”\nThe White House on Friday said it would continue to help the Paris accord, including awarding several grants to provinces such as Quebec and British Columbia, but that any attempts to re-fund the program would be met with a veto vote in the House.\nA number of other nations, including Britain, Canada and Israel, are far from taking sides in the dispute, with Paris agreeing last month to hold talks starting next January to curb carbon emissions.\nTrump argued that he should press ahead with the project regardless of whether Congress would support it.\nEarlier this week, Austria’s foreign minister said his country would continue to keep a cut in its contribution to the Paris accord, and a German lawmaker also called for the new president to follow through with his pledges.\nTrump has received support from both parties in Congress for pledges to extend the pact but opposition has continued to the United States, of course.\nThe president’s agenda differs across the political spectrum.\nOn Friday, Trump said he would pursue the long-held goal of limiting global temperatures to 1.5 degrees Celsius (2.6 degrees Fahrenheit) above pre-industrial levels by 2050.\nThat would require the first humans to maintain an average of 10.3 million megatonnes of electricity a year, according to the U.N. Intergovernmental Panel on Climate Change.\nHe has not yet specified what “should” the European Union prioritize during the process, and EU officials have said they may not be able to agree on solutions until after 2020.\n“A lot of countries don’t recognize the significance of the consequences of irreversible climate change, and therefore we cannot build an environment that creates a higher intensity of climate change or much higher heat waves,” said one senior EU official.\nIn fact, a person close to the talks said Washington might resolve to accept a number of measures until after 2020. That would depend on European powers reaching a decision on the new plans for Europe.\nTrump later said: “When I’m Commander-in-Chief, I tell you that if I am too busy, they’ll go through the whole thing again.”\n']
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1,063
http://www.reuters.com/article/us-britain-security-manchester-idUSKBN18M13E
http://www.reuters.com/article/us-britain-security-manchester-idUSKBN18M13E
UK police say they’ve arrested some key players behind Manchester bombing
null
null
['Michael Holden and Costas Pitas']
01-01-2021
reuters.com
null
success_wayback
gen
182,845
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['LONDON (Reuters) - British police said on Friday they had arrested some key key members of the Manchester bombing that killed 22 people and is increasing their investigations and resources, including recruitment and search operations.\nFILE PHOTO: The M16 motorway as the explosion was going on in Manchester, Britain January 1, 2018. REUTERS/Phil Noble/File Photo\nPolice confirmed two men working in criminal investigations have been arrested on suspicion of the bombing in the northern city of Manchester, which left eight people dead and 61 injured.\nBritish police have been examining the area around the the end of the night in the hope of breaking into the suspected Manchester bombing, which took place just one minute after police had started emergency measures.\n“We have detained a man who was involved in organising the meeting of two suspects together in the Muslim community. The general lead is that we suspect that they may have knowledge about the timetable and events of the recent killing,” they said in a statement.\nThe planning and recruitment functions of two men who themselves were operating in criminal investigations in 2017 and 2018 have also been enhanced, they added.\n“These people were part of our team in helping with criminal investigations during the early stage of this investigation and on the processing of incidents of organised crime. Our teams worked closely together on the planning and execution of offences against officers and forensic evidence and were told by the police that it was clear that this business was likely to continue despite the heightened intelligence on terrorism and policing against crime,” said Prime Minister Theresa May.\n“It is important to highlight that we also have assembled a detailed number of associates who are highly wanted and who will be the focus of our new investigation team.”\nMay confirmed on Thursday she would leave office next week.\n“It’s great to be leaving but I’m very sad about my departure. I will need a tremendous amount of time to regenerate our UK and the movement of people,” May said.\nEarlier this week, May indicated she would be considering ways to continue spending the extra public money to fund the police, to support the on-going operations, but told lawmakers at home, “It’s important we find the right approach for our operation.”\n- Pressure mounts on the government as terrorist attacks hit Europe -\nOn Thursday, 29 people were killed and more than 70 injured when militants launched coordinated attacks across Europe and North America. Many dead were students from Manchester University.\nThat was followed by a mass suicide bombing at a British Parliament in London on Saturday that left 21 dead.\nOn Thursday, U.S. President Donald Trump said if Britain struck back at Islamic State militants who were facing retaliation in that country, “fire will be not only raised, but very quickly and I don’t know who to thank,” he told the National Prayer Breakfast in Washington.\nMay was leading a party conference of the nationalist party of left-wing Prime Minister Theresa May in Bristol, Britain’s capital, on Thursday.\nShe has made no public apology to those who have lost loved ones in the Manchester bombing but told parliament the attacks had brought Britain closer together than ever before.\nThe funeral of the cleric Abu Qatada, held by Islamist militants in a Birmingham prison, was a tribute, the youth wing of one of Britain’s most hardline Islamist Islamist groups, the M16, said in a statement.\nIhor Jovani, who was 13 when he joined the Islamic State, has been awarded the David Clark Humanitarian Prize, which is sponsored by the Conservative Party, for pioneering the programme of pro-democracy protest against its rule.\n“I should never have gone to school,” Jovani told Reuters while jogging in Birmingham in 2016. “I wouldn’t have had the chance to fight in front of the police if I wasn’t working for them. I would have been beaten up.”\nOther relatives of the victims of the attack have said they will be campaigning to boost security outside London’s UK Parliament.\nThe next international protest against Trump’s Russia policy and Syria, when he is scheduled to address the UN General Assembly, will take place on Friday.\n']
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1,064
http://www.reuters.com/article/us-investment-funds-brazil-analysis-idUSKBN18M230?il=0
http://www.reuters.com/article/us-investment-funds-brazil-analysis-idUSKBN18M230?il=0
Some investors bet Brazil has further room to fall
null
null
['Dion Rabouin and Trevor Hunnicutt']
01-01-2021
reuters.com
null
success_wayback
gen
182,847
[0.949999988079071]
["FILE PHOTO: Participants walk in front of a board displaying graphic illustration illustrating what is commonly known as the Hellenic Discount Rate, the benchmark rate of interest paid by banks in Brazil, against their company's São Paulo Municipal exchange rate, at a trading floor of the Sao Paulo Securities Exchange, Brazil, December 5, 2018. REUTERS/Paulo Whitaker\nBRASILIA (Reuters) - Some Chinese investors invested in Brazil’s benchmark government bonds and abandoned some of their riskier calls, betting in confidence the country is finally headed for a stronger recovery than Brazil initially expected.\nBy midday on Thursday, investors had recouped some of their initial losses but their profits were still sizeable, leaving many less optimistic about the outcome of Brazil’s major upcoming elections.\nInvestors left Brazil’s benchmark Tenas note at the end of Wednesday’s session on expectation that tax breaks from Brazil’s generous government budget would be extended until 2024, according to the Stoxx Europe 600 Index.\nDuring the session, traders seized on the reversal.\n“Brazil’s 10-year bank index hit a significant high after China flooded into government bonds again on Thursday. This may have been some time ago. Investors are comfortable with the previous course of action because the bank stocks have a bit of a premium,” wrote one of the trader who did not want to be named.\nAnother trader said that the result showed “risk pricing” had recovered.\nThe short interest in Brazil’s 10-year bonds was about 3 percent, according to Lipper. The 10-year mark was 0.1 percent, before that, Lululemon Athletica Inc’s (LULU.O) performance.\nVenezuela’s benchmark BNDES and Mexico’s IPC debtholders have shown most long positions since mid-November.\nIn the case of Brazil’s 10-year bill, they ended up at about 1 percent, Lipper data showed.\nSome fund managers said they’ve reached “pause” in their money taking bets elsewhere.\nMarcaniemma Stampa, an independent financial analyst, said that they’ve suffered losses in Brazil for one reason and that could end this week.\n“I would expect this activity has peaked,” Stampa said.\nAccording to Rial, JPMorgan Securities, most of Brazil’s 40 large banks have long positions on government bonds and exchange traded funds but see a more recent upturn as more investors are wary.\n“A Greek bailout will not be approved soon.”\nOn Thursday, the Manulife Asset Management ETF (MTV.S) had gained 1.1 percent in short positions since mid-November. The Oct. 11 downgrade to “neutral” from “overweight” by JP Morgan increased its exposure and “bears a muted recovery,” the currency strategist said in a note.\nOn Friday, the South American country will host elections.\nBy mid-day on Thursday, Brazil’s fixed income, currency and energy exchange traded funds (ETFs) had added 2.3 percent, or 33.2 billion reais ($2.9 billion), to trade volume.\nThe SPDR S&P Brazil Investopec ETF (MYN.PS) was up 0.6 percent at 16:00 GMT.\n($1 = 1.0950 reais)\n"]
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1,065
http://www.reuters.com/article/us-usa-immigration-court-idUSKBN18M2C7
http://www.reuters.com/article/us-usa-immigration-court-idUSKBN18M2C7
Trump travel ban fight heads toward Supreme Court showdown
null
null
['Lawrence Hurley']
01-01-2021
reuters.com
null
success_wayback
gen
182,851
[0.949999988079071]
['WASHINGTON (Reuters) - President Donald Trump’s original travel ban, including legal challenges from states like Texas and Minnesota, has run out of popular support among the justices who might have to decide whether to uphold it in the coming weeks.\nU.S. President Donald Trump (L) greets business people as he arrives for the U.S. Eastern Meeting of Presidents in Wyoming, Wisconsin November 19, 2017. REUTERS/Jonathan Ernst\nThe justices will decide whether Trump’s emergency declaration of national emergency was lawful and therefore unconstitutional on Jan. 1, when U.S. District Judge James Robart blocked the ban in a federal court in Seattle and then in Texas.\nThe Trump administration has argued that the vast majority of travelers who were granted permission to enter the United States between late December and Jan. 1 did so legally, and that the emergency declaration did not affect the integrity of the travel ban.\nWhat ensued is an escalating legal battle, with the White House and several states saying Trump’s emergency declaration was legal and they are seeking executive orders to preempt legal challenges.\nA presidential administration official said on Monday that the justices may only consider the necessity of the emergency declaration in determining if the individual immigration restrictions are “null and void”.\nOne lawyer for the states said on Tuesday that his clients are preparing a legal challenge. “With a sufficient court order, for the time being we are ready,” lawyer David Gelernter said.\nThe Trump administration used the emergency declaration to enlist the support of lawmakers, including the conservative Club for Growth, to push for the ban.\nRepublican Senator Richard Shelby of Alabama, who is planning to reintroduce legislation that would formally declare an emergency, also called on Trump to pardon them.\nThough business leaders who traveled to Washington during President Barack Obama’s presidency opposed the ban, conservative groups have vowed to use the incident to push back against the travel ban.\nLawyers for thousands of U.S. businesses are also gearing up to fight the ban, following weeks of protests and brief clashes with security.\nOn Monday, some business owners in Texas from Miami to Arizona said they will take to court if Trump is not allowed to clear the state before his visa waiver deadline.\nThe case is Residing Americans v. President Trump, 15-1555.\n(This version of the story corrects paragraph 3 to indicate guidance for business leaders and not the president)\n']
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1,066
http://www.reuters.com/article/us-turkey-security-basketball-idUSKBN18M1V8
http://www.reuters.com/article/us-turkey-security-basketball-idUSKBN18M1V8
Turkish NBA star tweets ’you can’t catch me’ at arrest warrant report
null
null
['Ece Toksabay and Gina Cherelus']
01-01-2021
reuters.com
null
success_wayback
gen
182,854
[0.949999988079071]
['ISTANBUL (Reuters) - Turkey’s court said on Tuesday it had issued an arrest warrant for Turkish basketballer Ishim Udo after a report that he was being pursued by security forces at a basketball court.\nIshim Udo is seen at the Hakkari Center, Istanbul on December 28, 2018. REUTERS/Murad Sezer\nUdo was caught playing outside the Istanbul Mall alongside police and soldiers in a sprawling square in the northern Turkish province of Akcakale in early December after he was detained for allegedly setting up a live-in girlfriend.\nIt is the latest in a series of events that have come to a head with high-profile political flare-ups in the northern OPEC nation, the world’s third-largest oil exporter.\nIn November, 11 pro-democracy protesters were killed when they tried to storm Istanbul’s Golden Square and 10 others were injured in the city’s hottest weather for 27 years.\nThe chairman of the police’s National Security Directorate, Aman Turk, was arrested on suspicion of complicity in the murder of police officers and there is speculation the suspects are inside the building where Udo’s club is being held.\nUdo is not wanted in Turkish courts, and a 16-year-old court order denied him his wish to appear in person.\nThe soccer legend, a constant menace in the Turkish media, was held up until February by police probing an alleged plot to import his wife, including a small arsenal, for her wedding to Udo.\n“The court, under custody of the National Security Directorate, issued an arrest warrant against Udo on the same day,” prosecutors in a statement said.\nThe squad, suspended on Dec. 28, released Udo on the custody of Istanbul Attorney General Amar Yıldırım, according to the judge’s office.\nPolice said they are still interrogating suspects, including Udo’s family, about his involvement with a ruckus he allegedly heard while playing his girlfriend outside the shopping mall.\nPresident Tayyip Erdogan’s allies dismiss the charges as politically motivated and his critics criticise Yıldırım for not handling the case properly.\nCases of international charges in Turkey have erupted with a spate of independence of police investigations which prompted the release of several top figures from the ruling AK Party and the interim government.\n']
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1,067
http://www.reuters.com/article/us-usa-economy-idUSKBN18M1GP
http://www.reuters.com/article/us-usa-economy-idUSKBN18M1GP
U.S. economy slowed less than expected in first quarter; outlook cloudier
null
null
['Lucia Mutikani']
01-01-2021
reuters.com
null
success_wayback
gen
182,855
[0.949999988079071]
['WASHINGTON, Jan 1 (Reuters) - The number of Americans filing new claims for unemployment benefits in December fell more than anticipated, suggesting a temporary slowdown in the economic expansion in the fourth quarter, the most in more than three years.\nThe department of Labor said on Thursday that claims for unemployment benefits slipped to 335,000 in the three-month period ending in December from the previous month’s revised average of 355,750. It said claims under normal circumstances fell by 1,000 from the previous month’s revised average.\nA separate report released on Wednesday showed that the number of Americans filing new claims for state unemployment benefits fell by 9,000 to an 11-month low in December. Economists had forecast claims rising to 755,000.\n“The data supporting the Labor Department’s forecast for an additional inventory build for durable goods purchases this month is showing substantial potential for the slight improvement in business investment,” said Chris Rupkey, chief economist at MUFG in New York.\nThe 10-week moving average, a better measure of labor market trends, fell to 351,750, the lowest level since February 2012. The lower-than-expected 10-week average for applications also suggested there was also pressure on the labor market to improve over the next six months.\nThe weather should add to the central bank’s dual forecast that long-term inflation is low and growth is above target, adding to pressures for an interest rate hike later this year.\nFederal Reserve officials are widely expected to continue its recent bond-buying program despite signs the economy is slowly shrinking.\nThe broadest measure of underlying employment in a year showed growth in December, the most since April 2015, the Labor Department said.\nThe government revised unemployment claims to shows the labor market is adding enough jobs to keep the unemployment rate down to its lowest level since 2008.\n']
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1,068
http://www.reuters.com/article/us-china-economy-rating-idUSKBN18M06Z
http://www.reuters.com/article/us-china-economy-rating-idUSKBN18M06Z
China’s reforms not enough to arrest mounting debt: Moody’s
null
null
['Yawen Chen and Ryan Woo']
01-01-2021
reuters.com
null
success_wayback
gen
182,856
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['BEIJING (Reuters) - China’s restructuring initiatives will not help it offset swelling public debt and could dampen investment growth, Moody’s Investors Service said on Tuesday.\nFILE PHOTO: An employee of Railways China Railway Group Railways stands at the Tianhe-2 railway line about 1 km (1.5 miles) away from the Chengdu railway line in Chengdu, about 80 km (45 miles) northeast of Beijing August 16, 2014. REUTERS/Kim Kyung-Hoon/File Photo\nThe World Bank and European Union have warned China’s authorities that they may ease the burden on the world’s second-largest economy if the transformation of the slowing economy to free market-friendly outcomes is not implemented.\nThe conclusion from Moody’s was that under the overall framework, the size of China’s capital investment in 2011 would fall to below $1 trillion from the previous peak of $2.3 trillion in 2013.\nThe projected decline in capital spending needs a second cut to around $800 billion.\n“While China’s reform plan is in line with its efforts to achieve higher growth rates through a series of structural reforms, including lowering capital spending and redirecting debt-to-EBITDA ratios of corporate and government debt (e.g. Public Liaison Duties), it is not sufficient to place China’s capital investment in the high growth path,” Moody’s analysts said in a note to clients.\n“The forecasted decline in capital spending would also have severe implications for the outlook of China’s potential domestic economic growth under a long-term perspective, given the negative risk of a slowdown in domestic demand.”\nThe research firm also said that financial reform in May 2017 was likely to have the effect of lowering loan rates by around 15 basis points (bps) from their latest record low at 9.18 percent.\nThat could pressure demand, pressured by slowing sales, or even curb earnings growth.\nShould that happen, investors are in a bearish stance on China, Moody’s said. China’s stock market index .SXRP, the biggest source of capital backed by a property market, has fallen nearly 9 percent in the past 12 months, and S&P Global Ratings reported that almost 40 percent of stocks posted negative ratings.\nEven as it struggles to moderate its economy, Moody’s forecasts China’s 2018 GDP growth rate will only hover around 6.5 percent - a longer-term low that is below levels seen before the bubble burst in 2007.\n“Investors are fearful of China’s slowing. They’re also freer from the country’s major fund managers, who are more likely to tighten credit and move in a more concentrated direction on difficult conditions, such as the inventory correction.”\nChina will remain dependent on external funding despite the reform, Moody’s said. It said there was a “potential cost” for Beijing in deep cuts of over $1 trillion annually to businesses, consumers and the rest of the economy.\nMoody’s said its bank clients in China had to raise their borrowings by 2 to 4 percent next year, and that a 5 percent to 7 percent cut was unlikely to be the only measure taken by the government.\n“Given the sizable contraction in growth, market anxiety, an already mixed outlook and a solid economic data, they are likely to have a significant impact on borrowing costs,” analysts said.\n']
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1,069
http://www.reuters.com/article/us-opec-oil-communication-idUSKBN18M1UB
http://www.reuters.com/article/us-opec-oil-communication-idUSKBN18M1UB
Oversold: Oil traders punish OPEC for promising too much
null
null
['Dmitry Zhdannikov, Rania El Gamal and Ernest Scheyder']
01-01-2021
reuters.com
null
success_wayback
gen
182,859
[0.949999988079071]
['LONDON/JERUSALEM (Reuters) - Oil futures fell sharply on Thursday as rising supplies in top producer Saudi Arabia and global demand that eased from OPEC’s output ceiling countered growing concerns that record global oil prices would eventually crush world demand.\nFILE PHOTO: An oil pump is seen in Chicago, Illinois October 3, 2014. REUTERS/Jim Young/File Photo\nFor long periods, OPEC and its 17 member nations have repeatedly pumped over 9 million barrels per day (bpd) over the past year, an amount that rapidly exceeds the 10-year average of supply, which usually occurs in the first few months of a 30-day supply glut.\nMarket participants watched anxiously after Saudi Arabia stunned the market last month by announcing it would start ending purchases in mid-March at the end of the year, potentially giving the market more room to grow over the long term.\nInvestors expressed concern that the current prices signaled long-awaited potential for further market disruption. The near 14-year low of $26.14 a barrel hit in early November wiped some $7 billion off global stocks.\n“The market will continue to adjust and will take a hit from a supply-over-demand imbalance,” said Tiago Valentino, U.S. currency strategist at Societe Generale in New York.\nGross domestic product (GDP) in the U.S. is expected to contract 0.7 percent in the fourth quarter, according to Markit’s latest business surveys, and growth will have weakened sharply to 5.7 percent in the first three months of the year from 5.9 percent the previous quarter.\n“OPEC cannot continue as a cartel and oil prices will have to come back,” Valentino said.\nThe recent U.S. inventory data from the U.S. Department of Energy showed a third-quarter fall in U.S. crude inventories, an indication that OPEC’s supply reduction plan may not be as strong as it appears.\nU.S. crude oil futures CLc1 settled down $1.02 at $30.40 a barrel, down $1.02, while Brent oil CLc1 settled down $1.07 at $33.49 a barrel.\nTraders were hoping that further confirmation that OPEC and its 11 members would deliver on their promises could help curb market distortions and make a sale more attractive.\nBelow the $30 price mark, Brent crude is set to be up $2.08 at $33.50 a barrel. Earlier futures had settled back $2.40.\nMarket participants believe that OPEC and its peers will drop their output to 4.5 million bpd in mid-March and then hold off to market transition for several months, a process that would dilute the impact of higher prices, at least for now.\nA barrel above $30 would be unlikely to hurt non-OPEC supply for a while.\nBrent’s light sweet crude CLc1 settled down $1.01 at $28.56 a barrel, while West Texas Intermediate (WTI) futures CLc1 settled down $1.07 at $28.41 a barrel.\nBrent’s premium for 2019 over WTI broke the 7-month low of $15.92 on Wednesday and settled as low as $24.06.\nU.S. crude futures CLc1 settled down $1.04 at $24.15, while WTI’s discount to Brent was at $40.24 a barrel.\n']
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1,070
http://www.reuters.com/article/us-venezuela-politics-media-idUSKBN18M2DP
http://www.reuters.com/article/us-venezuela-politics-media-idUSKBN18M2DP
Under state pressure, Venezuela TV limits live coverage of protests
null
null
['Deisy Buitrago and Corina Pons']
01-01-2021
reuters.com
null
success_wayback
gen
182,863
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["TEL AVIV/Venezuela President Nicolas Maduro is determined to alleviate the suffering of protesters who have blocked public streets for days, and the country's state media have resorted to excessive live reporting that worries the opposition and a change in electoral law presents them with new opportunities to support their cause.\nMaduro has set the main opposition protest group, the National Assembly, under mounting pressure since his allies successfully held presidential elections in November and started making plans to occupy Congress in December.\nOn Wednesday, at least three of the opposition’s candidates -- Democrat Jean-Pierre Bemelmans, former energy minister Hugo Chavez and Maria Corina Machado, former Venezuela's finance minister -- were arrested as they took part in mass protests against a worsening economy and soaring unemployment.\nTuesday's referendum left more than 88,000 Venezuelans out of the voting bloc, tightening voter fraud and threatening the stability of the nation.\nTuesday’s so-called plebiscite came after the presidency had decided to rely on the national army to keep protesters out of the capital, seeking to dispel fears of a coup attempt.\nAfter the vote, the television stations state that there would be no Monday night presidential debate. A spokesman for the broadcast network said, “Bolivar will be pitted against now largely self-confessed opposition fighters.”\nProtesters have made it clear that they believe that the support of the armed forces and national army is not enough to win the snap election.\n“We need to hold the electoral process more fully than the daily struggle for legal and political rights,” said 47-year-old social activist Elena Arnapatra, who left the capital for the remote Caribbean island of St. Kitts last week.\n“A voting system that can last the next five months with all the usual comparisons is much, much different,” she said, holding a picture of a million people marching through streets calling for free elections.\nNow they expect the junta to draw in more experienced forces such as former Chavez loyalists now also serving in Venezuela's Defense Ministry.\nMaduro is using his power to throw what has been a difficult economic experiment into disarray, provoking a rash of closures of streets that are getting hard to access on the one hand, and public discontent after police used tear gas and water cannon to disperse thousands of pro-government activists.\nOn Friday, an autonomous barrios movement of outside loyalists occupying streets in downtown Caracas that has gathered supporters, and the state television network said they would not be confined to the barricades.\nThat’s a far cry from the call for protests to end this week, after the government suspended parliamentary elections scheduled for April. The opposition won November's presidential elections despite the contentious process.\n(Corrects government logo at top)\n(Writing by John Irish; Editing by Sandra Maler)\n"]
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1,071
http://www.reuters.com/article/us-tech-startups-ai-idUSKBN18M2ED
http://www.reuters.com/article/us-tech-startups-ai-idUSKBN18M2ED
Acquisitions accelerate as tech giants seek to build AI smarts
null
null
['Julia Love']
01-01-2021
reuters.com
null
success_wayback
gen
182,864
[0.949999988079071]
["WASHINGTON (Reuters) - These days, cleantech firms need to drill deep into the emerging artificial intelligence space to help them develop next-generation platforms, new ideas and advancements in its technology, the cleantech sector said on Thursday.\nThe Americas Venture Capital Association (CAVA) Executive Board President John Hendrix answers questions from CNBC's Matt Lewis in this undated image provided by the Cleveland Clinic in Chicago. REUTERS/CavAjcchina/UIG via Reuters\nThe cleantech industry is keen to expand and hire talent from the development field because innovation in artificial intelligence is complex and needs to come from the tech sector. There are over 100 different AI firms in the U.S. alone, said Terence Pompei, the CAVA’s executive director.\n“Our innovation pipeline is growing more rapidly and doing a lot better than we ever have been doing,” Pompei said.\nBets are being made to expand tech firms and startups in the region, he said. But the opportunities are few because of regulatory and political barriers. “There are too many people with the right technology,” Pompei said.\nJohn Kreul, the CAVA’s chief technology officer, said there are about 14,000 firms in the U.S. alone, and at its fund level, there are 13,000. But competition is huge, he said.\n“We need to respond on a day-to-day basis to that,” Kreul said.\nThe cleantech industry is the largest forgoing venture capital in the United States for the time being, and its relatively small size by C-Suites makes it tough to attract top talent.\nOne need that the United States needs is private equity, that provides the best return on capital as well as some offshoring and outsourcing business to allow startups to go offshoring. “There’s a particularly sophisticated use of the tax code that gives firms the opportunity to go offshoring,” Pompei said.\nThe cleantech sector has been helping industries like academia finance the foundations of artificial intelligence and artificial intelligence (AI) research.\nThe cleantech industry is also home to several private equity funds — Oxbow Management and Silicon Energy Capital — which specialize in AI funding, and Patrick Piras, an AI funding expert at BakerHostetler LLC, which buys and operates startups in the cleantech sector.\nAcquisitions also continue to pile up as sectors to acquire expand. In the past, companies mostly brought in private equity funds to invest in AI startups. Now, Acquisitions alone for private equity is nearly $15 billion, according to Calvert Venture Fund’s technology fund manager Ken Zwart.\nAcquisitions can lead to investment rounds for new companies, Zwart said. But ones in the cleantech sector have run into major regulatory hurdles, primarily because of a lack of transparency by the U.S. government. The U.S. Securities and Exchange Commission handles U.S. hedge funds, and the funds are closely regulated.\n“They are never doing anything but secretive,” he said.\n"]
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1,072
http://www.reuters.com/article/us-usa-cyber-surveillance-idUSKBN18M204
http://www.reuters.com/article/us-usa-cyber-surveillance-idUSKBN18M204
Major U.S. tech firms press Congress for internet surveillance reforms
null
null
['Dustin Volz']
01-01-2021
reuters.com
null
success_wayback
gen
182,865
[0.949999988079071]
["WASHINGTON (Reuters) - The tech industry and nine other business groups on Thursday urged Congress to overhaul the U.S. government’s surveillance practices and penalize Internet service providers for snooping on computer and cellphone networks.\nFILE PHOTO: The U.S. Capitol reflects on U.S. President Donald Trump's inauguration during his inauguration ceremony in Washington, U.S., January 20, 2017. REUTERS/Joshua Roberts/File Photo\nMajor Internet Service Providers Association executives, along with a host of defense, consumer and telecom firms including Comcast, Verizon, AT&T and Facebook (FB.O), participated in a conference on privacy and tech industry practices at the federal agency that oversees the U.S. government.\n“We are here to raise questions about the risks of internet surveillance, and the implications of persistent use by government agencies,” Kelly Brady, the group’s president, said.\nBrady has been a close adviser to Trump, although the U.S. national security team will soon be tasked with vetting him on surveillance.\nLast month, the government revealed surveillance of computer hard drives of some of its closest allies. Many industry leaders said the lapse was coming up because of a growing worldwide belief that the government is using such surveillance in what is known as clandestine operations.\nFacebook’s U.S. lobbyists have also called for stronger oversight of its activities, which include widespread use of social media to spread rumors about political candidates and political negotiations. Other advocacy groups have weighed in, including the Cybersecurity Subcommittee and the Federal Trade Commission.\nCongress last year approved an amendment that would have required internet service providers to block apps that share private information with domestic intelligence officials, as well as to clear up a similar issue in Congress.\nThe Judiciary Committee last month voted in favor of that amendment, although the Department of Justice had said it would not support a version before the full Senate. Lawmakers in Congress have spoken out against whether the government could use encryption as part of its surveillance of their political opponents, but the issue has been a focal point of Capitol Hill discussions.\nThomas F. Daly, the chairman of the House Judiciary Committee, proposed recommendations in a report last month to further expand government surveillance. His proposal includes sweeping new kinds of eavesdropping and coercive surveillance, he said.\nRetiring Republican Representative Lamar Smith of Texas said it would be wrong to block the added features of global intelligence sharing programs.\n"]
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1,073
http://www.reuters.com/article/us-usa-politics-clinton-idUSKBN18M05J
http://www.reuters.com/article/us-usa-politics-clinton-idUSKBN18M05J
Hillary Clinton attacks proposed Trump budget cuts as ’cruelty’
null
null
['Valerie Vande Panne']
01-01-2021
reuters.com
null
success_wayback
gen
182,867
[0.949999988079071]
['(Reuters) - Democratic presidential candidate Hillary Clinton on Wednesday described the proposed budget by Republican President Donald Trump as “cruelty”, while offering no criticism of her Democratic opponent in an interview aired on CBS this week.\nU.S. Democratic presidential candidate Hillary Clinton holds her 2004 and 2010 presidential campaign photo as she holds her booklet "Can I Have It All?" on Martha\'s Vineyard, Massachusetts January 4, 2015. REUTERS/Mike Segar\nTrump’s proposed $1.5 trillion budget, unveiled on Wednesday, calls for billions of dollars in cuts in social programs.\nIn a statement, Clinton said the cuts are so “cruel” that “instead of following through on the ridiculous reforms and tough budget language”, she would instead support repealing Medicare and Medicaid health insurance and ending entitlements like Social Security.\n“The Republican budget is cruel, it cuts our Medicare and Medicaid services, but when they add billions to social programs that benefit the wealthy and corporations, they ignore the people,” Clinton said.\n“We need to stop funding free healthcare for seniors and for people with disabilities and poor people in Puerto Rico and other countries that are full of fraud, let’s stop the incompetence,” she said.\nTrump said a sales tax would apply on half of all goods sold. “If a 15 percent sales tax is applied on cigarettes, for example, that would cause the price of cigarettes to skyrocket and another thing of course would cause the price of coffee to rise,” he said on CBS.\n']
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1,074
http://www.reuters.com/article/us-aramco-ipo-tmx-analysis-idUSKBN18M26F
http://www.reuters.com/article/us-aramco-ipo-tmx-analysis-idUSKBN18M26F
In Aramco IPO pitch, Canada plays up its natural resources expertise
null
null
['Alastair Sharp']
01-01-2021
reuters.com
null
success_wayback
gen
182,870
[0.949999988079071]
["HONG KONG (Reuters) - Canadian oil and gas major Inpex Group Ltd (5386.TO) raised $830 million (723.74 million pounds) in an initial public offering in Asia that kicked off on Tuesday, valuing the firm at C$2.2 billion ($1.95 billion).\nFILE PHOTO: A pair of Inpex's (5386.TO) pipe shafts are seen from the 19th Century in Sikorsky helicopters, in San Francisco, California, U.S., September 22, 2018. REUTERS/Lance Britton/File Photo\nThe overseas arm of private equity firm Oaktree Capital Group LP in a tentative $872.6 million price range raised $690 million, matching the height of the offer, which was initially priced at more than $1 billion. The Toronto-listed shares are expected to go on sale on February 22.\nWith Asia’s oil majors undertaking massive acquisitions to boost their portfolio, Inpex may have succeeded in attracting people with familiar interests in resource plays.\nThe Calgary-based company has also scooped up oilfield and gas field services assets in Singapore, China and Taiwan, which have helped it grow to become one of the biggest resource producers in Asia.\n“(Inpex’s) activity outside the U.S. could be the single most exciting area in 2019,” Credit Suisse analysts said in a research note.\n“Any substantial acquisitions come with a particular focus, global or local, on deepwater block resources which may be seen as more attractive on investment terms, provided these assets are pulled back from exploration and taken into production.”\nInpex is under stress to create a new business model, as shown by more than half of its total operations going into non-core areas such as the North Sea.\nIt had already undergone some staff changes in 2017, including those of a handful of senior managers, including former CEO Prince said. It has also identified new areas to focus on, such as shale in Turkey and Argentina and the Far East, where combined production will be 1.7 million to 1.9 million barrels of oil equivalent a day by 2020.\nThe power companies, meanwhile, have focused instead on energy services, Asia’s next big industry. Inpex, which has interests in more than a dozen new ventures overseas, is expected to get investment support from the likes of Australia’s ABB [ABB1.SA], JP Morgan, Wells Fargo and banks.\nA public listing will open Asia with a stronger global presence, Goldman Sachs Group Inc (GS.N) said in a note.\nBy being in a core tier-1 group operating in the existing major markets where Inpex operates, it could maximize revenue by using heavy equipment such as rig trunks to deliver customers demand.\n"]
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1,075
http://www.reuters.com/article/us-usa-trump-fbi-kushner-exclusive-idUSKBN18N018
http://www.reuters.com/article/us-usa-trump-fbi-kushner-exclusive-idUSKBN18N018
Exclusive: Trump son-in-law had undisclosed contacts with Russian envoy - sources
null
null
['Ned Parker and Jonathan Landay']
01-01-2021
reuters.com
null
success_wayback
gen
182,873
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["The President-elect's son-in-law, Jared Kushner, exits the Beverly Hills estate of producer Katie Jacobs during their first meeting at the White House in New York, December 27, 2016. REUTERS/Stephanie Keith\nU.S. President-elect Donald Trump shows off his property in the Trump Tower in Manhattan, New York City, U.S., December 28, 2016. REUTERS/Andrew Kelly\nWASHINGTON (Reuters) - The son-in-law of Donald Trump’s senior U.S. lawyer who was one of the first in his campaign to declare Russia an “arm of the United States” will serve as an advisor to former U.S. President George W. Bush, two senior congressional aides said on Thursday.\nJared Kushner, who was listed as being a lead adviser to President Barack Obama on national security and overseas affairs, was retained by George W. Bush and first deputy secretary of state Andrew Card when the presidency was still in elective office, according to two people briefed on the matter.\nThe transition team has a list of nine advisers in addition to Ivanka Trump, who will remain in the administration. Kushner will be chosen later this month.\nKushner had told another American in the past week that he wanted Trump to be the country’s first choice for U.S. foreign policy adviser, two sources said.\nThe high profile role given Trump in the White House raises questions about his ability to influence a candidate who leads a presidential campaign.\nKushner has said that the transition team is starting to discuss whether his visa status, as was initially announced, would continue at the end of a political career when he leaves office in a few months.\nKushner could not be reached for comment on Thursday. But a lawyer for Kushner, Kevin Kelly, confirmed that his client would serve on the transition team.\nKelly was appointed by Trump to prepare the transition team and made Trump one of Trump’s official advisers as the transition plan was put together, the lawyer said.\nThe people briefed on the deal said Kushner was also a spokesman for third-party groups that are supporting candidates like Sanders for president. Kushner is not a lawyer and did not accept federal business, they said.\nKushner is an adviser to the chairman of the Trump Organization, Larry Levitt, who served as the chief executive of First Son law firm in the 1980s and 1990s. Levitt will serve as a trustee for the law firm.\nAnother major Trump transition project included setting up a solar power plant that would send heat to factories in the United States.\n"]
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1,076
http://www.reuters.com/article/us-usa-trump-idUSKBN18N0PR
http://www.reuters.com/article/us-usa-trump-idUSKBN18N0PR
Trump ends nine-day overseas trip with a flourish as trouble looms at home
null
null
['Steve Holland']
01-01-2021
reuters.com
null
success_wayback
gen
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['A former U.S. President Donald Trump watches as he walks across the Pacific Ocean in Hawaii on Tuesday, Oct. 20, 2018. REUTERS/Paul Hanna\nPresident Donald Trump listens to a question from a foreign correspondent during his U.S. visit to Maui, Hawaii, U.S., November 1, 2018. REUTERS/Paul Hanna\nPresident Donald Trump speaks to the media at JW Marriott Monona Bay in Newport, Rhode Island, U.S., November 1, 2018. REUTERS/Lana Cone/Pool\nU.S. President Donald Trump speaks to reporters during his U.S. visit to Maui, Hawaii, U.S., November 1, 2018. REUTERS/Lana Cone/Pool\nPresident Donald Trump delivers a speech to a press conference after his U.S. visit to Maui, Hawaii, U.S., November 1, 2018. REUTERS/Lana Cone/Pool\nNEW YORK President Donald Trump ended a nine-day trip abroad on Tuesday as U.S. lawmakers grappled with growing doubts about his survival and critics hit him for the shutdown that began when he took office in January 2017.\nThe White House called off Trump\'s planned meeting with former South Korean President Park Geun-hye on Tuesday evening, calling the situation "unnecessary and illegal."\nAs Republicans and Democrats of both parties worked together to protect prized domestic programs, such as his controversial plans to end the Obamacare healthcare law and his planned wall along the U.S.-Mexico border, Trump flew in to the town of Hawaii to continue his Senate confirmation process.\nHe said he planned to visit the Pacific island nation of Hawai\'i on Wednesday before returning to the White House to try to salvage a deal to avoid a shutdown that could drag on for days.\n"There\'s no approval process, no paperwork, no anything else to sign. We\'ve got two weeks left, we\'ve got the last four days, to do that," Trump said.\nSenior Republicans on Capitol Hill have said Trump and his top aides cannot discuss the issues in the closed-door meetings.\nDemocrats have warned that a shutdown could easily return to an early October session, leaving the political fallout from the events "dampening" the government\'s ability to function.\nThe U.S. Commerce Department temporarily halted operations at some auto-parts plants on Tuesday and warned the holidays could see increased demand for liquefied natural gas from Asia and Russia.\nTrump struck a conciliatory tone on Tuesday to House Speaker Nancy Pelosi, who led a bipartisan plan to resolve the standoff.\n"He\'s going to stop talking. His voice is set to be quiet," Pelosi said.\nTrump and aides have largely blamed each other for several tough days of fights, including about the budget for the scheduled 2018 movie release.\nBut the confrontation that began and ended on Tuesday proved to be a political sword against the president, with many Democrats in his party demanding action to stop the shutdown and Republicans fighting over a way to avoid it.\nPelosi delivered a fiery speech to the House of Representatives on Tuesday that urged lawmakers to reach a "grand bargain" to avoid a government shutdown.\n"President Trump should show America that he truly believes the American people have the right to know and confidence in him," Pelosi said.\nThe bad news began at 8:15 a.m. ET (1115 GMT) when Trump arrived in Hawaii.\nAt about 10 a.m. local time, he was leading a short shuttle across the Hawaiian island of Maui that reached top of the island\'s Canon Observatory on Guam.\nThe tweet heralded the president\'s departure from the island\'s largest city, Honolulu, where he stayed overnight.\n"Great to leave for Maui, Hawaii for a short stay," the president tweeted. "I\'ll see you in a week. After Christmas."\n(Reporting by Steve Holland and Susan Heavey; Editing by Lisa Shumaker)\n']
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1,077
http://www.reuters.com/article/us-usa-muslims-portland-idUSKBN18N080
http://www.reuters.com/article/us-usa-muslims-portland-idUSKBN18N080
Two men stabbed to death on Oregon train trying to stop anti-Muslim rant
null
null
['Alex Dobuzinskis']
01-01-2021
reuters.com
null
success_wayback
gen
182,879
[0.949999988079071]
['MONTREAL (Reuters) - One of the men who stabbed a 45-year-old man to death in an unprovoked attack on a Canadian train in Portland last week was on board the Portland Amtrak train that departed Canada on Thursday, authorities said.\nDavid Klingelov, right, with baggage from his mother Amina Klingelov, of Houston, a wife of Canadian Interior Minister Horace Mann and their daughters, Alexandra, 5, and Cordelia and four-year-old Sophia Klingelov arrive at the UPS workplace in Portland, Oregon, U.S., December 31, 2018. REUTERS/Aly Song\nAnthony Klingelov, 45, had been on the crew of a Mackenzie Express traveling to Oregon when he stabbed 50-year-old Gladys Juergens on Wednesday to kill the deceased victim.\nThe assailant had his throat slit, Nassau County Sheriff’s Department spokesman Jason Zuckerman said. His method of attack was similar to that of a person who goes by the name Boushie, Zuckerman said.\n“It is believed that the victim was the man that killed Gladys Juergens,” Zuckerman said.\nSue Engelbrecht, a spokeswoman for the Portland Police Department, said the suspect was homeless and needed someone to help him gain access to houses for drugs. She declined to say if he would face charges in the stabbing.\n“We are gathering more information about this individual’s prior criminal history,” Engelbrecht said. “We do not want to do any more interviews.”\nOnce travelling through Oregon in 2013, Silas “Chubby” Davis was arrested, charged with first-degree murder and was released shortly afterward.\nOn Dec. 30, an autopsy found Davis not to have taken any drugs or alcohol at the time of the attack, Zuckerman said.\nAuthorities said Sa’ad al-Astrath was enrolled in the Clayton Academy, where he is a computer science and sociology major.\nThe couple met at the prestigious program and exchanged information on taking positions on campus, including a plan to convert the high school into an Islamic academy, Zuckerman said.\nThe two men spoke briefly of their intentions but later re-engaged, Zuckerman said. A police tip led to questioning of Davis and an arrest warrant was issued for him.\n“As far as I know, he is not violent at all,” Zuckerman said.\n']
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1,078
http://www.reuters.com/article/us-people-allman-idUSKBN18N0WY
http://www.reuters.com/article/us-people-allman-idUSKBN18N0WY
Southern rock music pioneer Gregg Allman dead at 69
null
null
['Bill Trott']
01-01-2021
reuters.com
null
success_wayback
gen
182,880
[0.949999988079071]
['LOS ANGELES (Reuters) - White rock band Gregg Allman, best known for his soaring tenor vocals and the torch-song guitars he’d almost totally forgotten, died on Saturday at the age of 69 after an accidental overdose, his band said in a statement.\nFILE PHOTO: Green Day singer/vocalist Billie Joe Armstrong performs "American Dream" during an announcement ceremony for his 2016 album \'Million Dollar Day\' in West Hollywood, California June 24, 2008. REUTERS/Mike Blake/File Photo\nThe 90-year-old singer wrote and produced his first song “The Sound of a Lifetime” in 1959, a year after he recorded his breakthrough hit “Shake It Off” — which told the tale of a cancer survivor battling songwriting and a dying rock star who falls in love, and realizes the power of song, music and God.\nAccording to his Twitter feed, the song, which was autographed by the late musician and his wife, Nina Gunning, had been used in “musicians’ shows.”\n“It’s a shame because Allman didn’t really know what to do with himself anymore,” Gunning told Reuters. “He started writing songs, and doing live shows. You didn’t know the words. His guitars were beyond that.”\nAllman performed live with Gunning since the 1970s and was in her 80s when she died, as was his guitar/vocalist Jan Franock, at the height of his fame.\nOther record labels, including Elvis Presley’s record label Syco Music, said sales of Allman’s songs had been flat for several years as he was focused on touring.\n“This is extremely difficult for him,” Syco chief executive Bill Bunting said in a statement. “He was a generous friend and he tried his best. We will miss him but will keep working with him.”\nSammy Hagar, a musician known for being the first in the rock/emancipation movement to release solo albums after death, called the singer “the kind of man that’s like me.”\nThe singer had an impressive solo career and wrote hits such as “Amazing Grace” and “Whiteout.”\nDANCE FOCUS\nBorn August 29, 1931, in Greenville, South Carolina, Allman’s father, Andy, is a farmer. His mother, Kathy, died in 1968.\nIn addition to the country-rockers from his prolific career, Allman gave his backing singers a musical vision for himself, making songs and wringing the magic out of it, he told Reuters in 2015.\n“We had success in folk, rock and roll, and when you had success, you started to make songs,” he said. “You started figuring out what you wanted to do.”\nHis adult son, Bill, told the Associated Press that although he went on to write all of his songs, he wrote everything but the title track.\n“I knew I was crazy,” Bill Allman said, “that could do anything, was how I thought.”\nMUM MOVEMENT\nIt is known that the late performer is an avid music fan, and ultimately inspired some of his songs.\n“He wanted everyone to take part in it, that was one of his goals, and always wanted people to see it,” said Ed Jennings, a writer and professor at Pepperdine University.\nHe was the first singer to be inducted into the Rock and Roll Hall of Fame, saying he “conceived nothing else but the idea of music and reading movies in recorded form.”\nWith his mother, he created a single album, titled “Mummified Human,” in 2001, after her death in 2009. It was produced by his son.\nThrough all his in-state college studies, Allman studied music at Stanford University and was among the first inductees in 2007. He also previously created a number of five-piece jazz bands and hit singles, including “Hey Little Red Boy” from the 1990 movie “Bad as Me.”\nA Friday concert would see him performing as part of his landmark tour for the first time since his stroke in 1998.\n']
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1,079
http://www.reuters.com/article/us-britain-election-idUSKBN18N0UA?il=0
http://www.reuters.com/article/us-britain-election-idUSKBN18N0UA?il=0
UK PM May’s lead narrows after Manchester attack placing landslide win in doubt
null
null
['Guy Faulconbridge and Michael Holden']
01-01-2021
reuters.com
null
success_wayback
gen
182,882
[0.949999988079071]
["LONDON (Reuters) - British Prime Minister Theresa May’s chances of retaining her majority have narrowed after a snap election led by the main opposition Labour Party came to a narrow majority, political analysts said on Thursday.\nPrime Minister Theresa May holds a news conference with Ireland's Prime Minister Leo Varadkar in Madrid, Spain, May 1, 2018. REUTERS/Susana Vera\nThe Brexit deal it struck with the United Kingdom’s European Union counterparts in Brussels must win at least a majority of the 75 seats needed to secure Brexit, a result that would be the biggest minority mandate since inconclusive May’s narrow win a year ago.\nAgainst the far-right anti-EU UK Independence Party, May’s Conservatives could have secured just 33 seats in total, so that puts the risk of another defeat in her race to become the UK’s next prime minister more than 10 points higher than an unexpected historic victory six months ago, said Guardian commentator Nigel Farage.\nLabour’s parliamentary leader Jeremy Corbyn said that his party would not change its position in the election as polls showed this week.\nBut a special report by the Media Research Center showed Labour, the main opposition party, failed to come anywhere close to winning the traditionally pro-European vote, which was key to her premiership.\n“The shadow cabinet has really drifted,” Farage told Britain’s Nine News. “We have 5 percent of MPs but the shock of the results has just happened, and we are staggered.”\nThe New York Times reported on Wednesday that May had gone from 52.6 percent of the vote to 48.5 percent after 47 hours of campaigning to 39.3 percent for her party, leaving the possibility that May could win the minority of 325 seats needed to secure a three-year Brexit deal.\nBut Clinton Smith, a political analyst at PwC in London, said that there was no pressure on May to make changes to the deal before the election.\n“I would think that the next couple of months would be kind to do nothing in the way of an overhaul of the deal,” she said.\nThe polling period until Thursday was tight, with most parliamentary constituencies still being heavily under water.\n“We’re better known as independent observers than we are part of anyone else’s investigative journalism,” Smith told Reuters.\nMay was hampered by a breakdown in communication and a sporadic crisis at her Downing Street office hours before the vote to cut the margin.\nBut no one on the ground could be more sensitive to the EU than 26-year-old Nigel Farage. He described May as a “tempered and coarse and prone to extraordinary or downright bizarre acts”.\nMay, who is already at a loss to explain why she has failed to inform an external body of her decision, has said she has not yet voted for the EU deal without consulting the new parliament.\nKerryn McKenna, an independent peer in the European Parliament, said it would be “irresponsible” to say that parliament was closing in on deciding on her decision.\n“They are just getting closer and closer to deciding on the future of the EU, and I have no idea what the parliament’s final verdict would be. I thought they were narrowing,” she told BBC television.\n"]
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1,080
http://www.reuters.com/article/us-britain-security-manchester-idUSKBN18N08R?il=0
http://www.reuters.com/article/us-britain-security-manchester-idUSKBN18N08R?il=0
UK lowers attack threat level as police close in on bomber’s network
null
null
['Michael Holden']
01-01-2021
reuters.com
null
success_wayback
gen
182,887
[0.949999988079071]
["LONDON (Reuters) - Britain’s armed forces said on Wednesday it would close its support in the operations of the Islamic State militant group in the country as the threat level rose further into the country’s worst threat since the Second World War.\nFILE PHOTO: Britain's armed forces sign a security agreement at the Royal Navy Yard in London, Britain September 3, 2017. REUTERS/Peter Nicholls/File Photo\nIn the 24 hours since a suicide bomber killed at least 84 people in London, Britain’s security services on Tuesday raised the threat level for the worst attack since the Second World War, which killed more than 170 people in Rotherham.\nThe government said at least 45 militant attacks and a terrorist plot had been foiled since last year.\n“No one deserves to have to die,” Home Secretary Sajid Javid said. “I will not hesitate to send high-level military and counterterrorism teams to help our police to tackle any threats to human life and security.”\nBritain said on Tuesday that its 1,100 armed forces troops and 64 police, and all 23 regional, regional and external forces had “all the necessary resources and support” to deal with a threat posed by the Islamic State militant group.\nThe British defense minister said the police and security services had also been making progress in the fight against the terror group in the past few days.\nAround 1,000 servicemen who are deployed in Europe for the next year will take part in the work of Operation Inherent Resolve, known by its French acronym ARREST, he said.\nSecurity officials have continued to close up to 8,000 properties, 82 of them in London, in a bid to curb what they regard as a small but growing terrorist network.\nBritish Prime Minister Theresa May on Tuesday unveiled legislation set out in the 2017 National Action Plan aimed at ending gun and knife crime and mass immigration.\nIslamic State, which holds territory in Iraq and Syria, claimed responsibility for the bombing in Rotherham on Monday.\nOn Tuesday, television footage showed a man wearing a kippah outside a police station. It was not immediately clear how close the attacker was to a police station, where he entered on foot.\n"]
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1,081
http://www.reuters.com/article/us-somalia-security-idUSKBN18N0WE?il=0
http://www.reuters.com/article/us-somalia-security-idUSKBN18N0WE?il=0
Somali court sentences 5 insurgents to death for attempted bombings
null
null
['Abdiqani Hussein']
01-01-2021
reuters.com
null
success_wayback
gen
182,892
[0.949999988079071]
['MOGADISHU (Reuters) - A Somali court on Friday sentenced five people convicted of plotting a mass suicide bombing after foiling a plot to attack the capital Mogadishu, prosecutors said.\nBut it came shortly after authorities said militants of the North Shama tribe had carried out three attacks in the Somali capital, killing seven people and wounding another 35. One of the attackers killed in the blast was a Sufi cleric with ties to al Qaeda.\nThe court order that followed the death sentences against five men in the city’s busy Somali hub Al Shabaab and a Somalis participant in a training exercise in southern Somalia is likely to intensify efforts to counter Al Qaeda, whose large African-based network relies on Al Qaeda’s active bases in the country.\nThe judge also ordered the home detention of Al Shabaab leader Mustafa Omer, who the court said was assisting a nearby cell, and that authorities should take action against him by ordering him to have a “good face”.\n“He has collected data from the respondent but now is not there yet,” said Mohamed Waleed Mohammed, head of Somaliland parliament’s security committee.\nAl Shabaab has a presence in Somalia, and has denied involvement in the April suicide bombing on a crowded bus in Mogadishu that killed at least 80 people and wounded more than 150.\nMohamed Abdiasis Abu Musab, a militant spokesman for the al Shabaab, said the group would execute the five men at “heavy costs”.\n“They (Osama) and Sarfraz Yusuf and Abdulaziz Magi and us will take them to Al Shabaab chief who will target our strongholds,” said the al Shabaab spokesman, who is also the group’s spokesman for strategic locations.\nUS-led air strikes against Al Shabaab Islamists have largely been limited to around Taiz, a city just south of Mogadishu, where Al Shabaab is believed to have lost al Qaeda chief Ayman al-Zawahiri.\nAbdulaziz Magi is being held in a military prison at Mogadishu’s airport and two other men remain at large after surrendering.\nThe September 2013 suicide bombings at the Mogadishu airport that killed 257 people followed a failed attempt to bomb the Al Shabaab headquarters.\nIn a visit to al Shabaab-controlled al Shabaab enclaves in Somalia in 2015, U.S. officials tried to warn the militants of potential losses, but were ignored.\n']
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1,082
http://www.reuters.com/article/us-britain-airports-idUSKBN18N0DN?il=0
http://www.reuters.com/article/us-britain-airports-idUSKBN18N0DN?il=0
BA cancels flights from London as global IT outage causes chaos
null
null
['Michael Holden']
01-01-2021
reuters.com
null
success_wayback
gen
182,899
[0.949999988079071]
['(Reuters) - Airlines U.S. South-west Airlines (BA.N) said on Wednesday that it had cancelled its flights to London on Wednesday due to the global IT outage caused by a recent vote at the London Stock Exchange.\nBA said it had arranged delays to two services to London since Tuesday at 10.18 p.m. GMT (0718 GMT Wednesday) so that flights could resume.\nIt is the second major outage at London’s Euston Stock Exchange, having been the biggest in the exchange’s history. However, the problems started around 2 a.m. local time on Tuesday when one of the Exchange’s main computers was temporarily down and widely disrupted.\nIt does not appear as though this was prevented by the failure of a new system made since last November. The Exchange had said it “corrected the outage”.\nThe exchange said it would suspend all operations at 25 locations. It said it was “working around the clock to restore service” and would re-route services immediately.\nThe Aviva Plc-owned airline lost 69 percent of its flights on Tuesday as other airlines including Air France SA, Emirates, and British Airways were forced to delay or cancel their flights.\nBA’s online airline page showed it had completed all the normal scheduled flights and issued another statement before Wednesday evening saying the network was working normally again.\nA separate breakdown in London traffic resulted in delays and cancellations for several other flights.\nThe disruptions follow problems at a U.S. subsidiary of Dubai-based Emirates Airlines that hit some seats on flights from the rest of the world. Some were later cancelled.\n“It’s complicated and fun to be stuck in one line of the UK traffic this morning,” said Fyffe Wilson, senior managing director at airline consultancy Atlas, who estimated that Heathrow operated around 70 percent of the world’s flights on Wednesday.\nGlobal disruption caused by the expiry of EU trading rules has been commonplace for years but this latest outage was unprecedented, Atlas said.\n“The number of issues reported and delays, processing and net effect on travel is now so large that it is impossible to bring these kinds of periods out of a normality,” he said.\nFlight tracking website FlightAware.com warned that it had detected a computer problem at the London Stock Exchange and that due to the problematic system, some airlines may need to suspend services because of outage.\n']
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1,083
http://www.reuters.com/article/us-g7-summit-macron-idUSKBN18N0V6?mod=related&channelName=ousivMolt
http://www.reuters.com/article/us-g7-summit-macron-idUSKBN18N0V6?mod=related&channelName=ousivMolt
At G7, ’pragmatist’ Trump leaves a mark on new boy Macron
null
null
['John Irish']
01-01-2021
reuters.com
null
success_wayback
gen
182,902
[0.949999988079071]
['PARIS (Reuters) - French President Emmanuel Macron on Tuesday said U.S. President Donald Trump could take a closer look at Paris after new European Union leaders backed him in their new deal on climate change.\nMerkel and Macron met at the G7 summit in Aspell, southern France, and both agreed to make it clear to the new EU leaders that the climate talks are more important than the Paris deal, Macron said.\nThe two leaders also talked at length about building a working group, a Cabinet report and drafts of a possible partnership on trade.\n“The Paris negotiations are imperative,” Macron said. “New British Prime Minister Theresa May today did so ... and we can always accept the British, national and other interests and examine that ... This is an important part of the discussions.”\nMacron and U.S. Vice President Mike Pence were due to address the meeting of G7 leaders in Aspell on Wednesday.\nOn Tuesday, Trump, who will meet French President Emmanuel Macron at the G7 summit later in the week, applauded Macron, a centrist backed by the conservatives, who will make a bid for the job of prime minister.\nThis will be Macron’s first meeting with a prime minister in 20 years, but he added it would be a “very good gathering” because he called POTUS “a very big deal”.\nTrump had said in an interview with CBS last September that a “big deal” about the Paris accord would be a “disaster” for world trade.\nMacron said that’s “not true”, but said leaders should take a decision about the “whole record” of progress made, adding, “once you have that wide record it’s possible you can say, ‘Now we can achieve it’.”\n“So we’re very pleased we got it,” he said.\n']
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1,084
http://www.reuters.com/article/us-g7-summit-protests-idUSKBN18N0P3
http://www.reuters.com/article/us-g7-summit-protests-idUSKBN18N0P3
Scuffles break out, tear gas fired at end of G7 protest
null
null
['Steve Scherer and Sasa Kavic']
01-01-2021
reuters.com
null
success_wayback
gen
182,903
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['ROME (Reuters) - Italian police used tear gas to break up a small group of protesters outside parliament on Friday after an official speaker boycotted Thursday’s G7 summit over corruption and a dispute over the composition of Italy’s plenary.\nAnti-government protestor burns an effigy of Italian Prime Minister Paolo Gentiloni as G7 officials protest with the pro-EU Baden-Wuerttemberg Communists in parliament in Rome December 9, 2018. REUTERS/Tony Gentile\nPolice fired rubber bullets, water bottles and pepper spray to break up a small group of protesters, at least one who broke up and took up arms. Two people were injured, police said.\nItalian police responded to block and disperse people angered by Italy’s decision to proceed with a summit next week and to oppose a G7 budget proposal that would keep billions of euros of aid in sharia-compliant regions.\nSpeaking at a news conference, Italian Prime Minister Paolo Gentiloni announced that the election had been re-run.\nGentiloni blamed the police for Friday’s protest on a mediator’s interference.\n“We made the summit’s outcome ... because people have a right to protest. Today they had cause to do that. Because if they fail to act on the summit they will have a very strong response,” he said.\n“Today is not a bad thing. We are all completely on the same side.”\nGentiloni’s spokesman on Friday said another mediator had called on speaker’s office to break up the protest and the next meeting. But he said that despite Prime Minister Giuseppe Conte’s promotion of the consensus, “a single councillor really helped cause” the disruptions.\nGeneral view of the city hall of Rome, central Italy, in this March 22, 2007 file photo. REUTERS/Tim Wimborne/Files\nItaly’s lower house of parliament on Thursday approved a deal to cut budget deficits by 20 billion euros in the 2021-2022 fiscal year after being the subject of years of missteps. (bit.ly/2n_K1ZUH)\nIt was the second European meeting this week about the need to contain Italy’s economic problems to come under the microscope of the EU and world leaders, with the European Central Bank reviewing its program of asset purchases and with markets worried that it could undermine confidence.\nGentiloni’s government has resisted significant moves to tackle Italy’s problems, he said, as prices for energy imports went up almost five-fold in less than three years last year and magistrates were investigating magistrates’ corruption.\nResponding to a question, he said the close cooperation was being used to send a strong message to criminals and on Friday the Italian prime minister suggested that the G7 make reforms and find answers for the country’s banking sector.\nGOLD SOLDIER VICTIM\nProtesters gathered outside the Italian parliament to demand more resources for security and make a final plea for peace, the resignation of top police official, Matteo Salvini, and a less expensive version of Italy’s borrowing plan that gives migrant workers more lifeline.\nSalvini, Italy’s most powerful leader, has cited the squabble with the money-spinning Bonmarche government as a reason for his resignation.\nAt least a dozen protesters who headed to the palace’s balcony chanted “We will not quit” and demanded that Europe had removed the name of the leader from the G7 agenda.\nMilan’s Claudio Cambacore, the deputy prime minister for Brussels, condemned those in the car parks, and the protesters said they would join them.\nSlideshow (2 Images)\n“Italy has no second Italian constitution and there’s no case for its problems. It’s unacceptable,” he said.\n']
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1,085
http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKBN18M2DW
http://www.reuters.com/article/us-usa-stocks-weekahead-idUSKBN18M2DW
Switch it up this year: Buy in May, till November stay
null
null
['Sinead Carew']
01-01-2021
reuters.com
null
success_wayback
gen
182,904
[0.949999988079071]
["Britain's Chancellor of the Exchequer Philip Hammond speaks to the media in Derry, Ireland, July 23, 2016. REUTERS/Clodagh Kilcoyne\nLONDON (Reuters) - It’s time to consolidate your May bull market position. Who needs a high-beta index when there are more than 200 stocks around?\nYes, you can take a look at initial public offerings this year, which are often a feast for givers.\nWhile quarterly companies will have maintained their strong gains in the face of falling tech stocks, the top sectors are up 4.2 percent compared with an April-November average of 1.2 percent.\n“From a risk management perspective, there are no more attractive start-ups than what you saw recently,” said Steven Nell, CEO of hedge fund SLACE Capital Management.\n“The rise in tech stocks all come after a strong six months in the early-November period, while the actual start-up pipeline has been much more stable.”\nThe global tech boom has “reined” risk and adjusted valuations more than usual, given the underpinning event of a correction next year, Nell added.\nThe seed capital companies pipeline remains strong, Nell said, with more than half of companies going public this year.\nEven in periods when large tech companies have outsold smaller companies, the beginning-to-end point of valuations, such as in the last several weeks, has done little to ease the summer heat.\n“While a dramatic absence of the OTC IPO opportunity represents a boon for the IT juggernaut, it is also a negative for the global software and services market,” said Mark Joplin, founder of Absolute Trades Ltd.\n“That in turn, dampens the potential for capitalise on the strong rally in tech stocks this year, resulting in a greater set of valuation slogs,” Joplin said.\nOne concern is growing pressure on U.S. indexes, after concerns about a credit tightening cycle early last year spurred big spats with global stock markets.\nAlready trading well above their 2010 all-time highs, global tech stocks are on track to start the year well off their January 2009 high of 65,000. If current trends continue, the rise is likely to be long-lived.\n"]
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1,086
http://www.reuters.com/article/us-filmfestival-cannes-idUSKBN18N0MI
http://www.reuters.com/article/us-filmfestival-cannes-idUSKBN18N0MI
Joaquin Phoenix bludgeons Cannes with Lynne Ramsay hit man thriller
null
null
['Robin Pomeroy']
01-01-2021
reuters.com
null
success_wayback
gen
182,905
[0.949999988079071]
["Ramsay closes 2017 with an innovative drama that draws on a popular experience: daring only with extraordinary results, whether it's a comedy or a battle between business boys.\nLOS ANGELES (Reuters) - Joaquin Phoenix, returning for the U.S. premiere of his latest film, Our Lord and the King, was effortlessly hulking and imposing when introduced to the cast at the world premiere of his latest thriller Our Lord and the King.\nThe actor-turned-director was looking for a familiar face to play the character Alexander Vaughan, an ancient businessman who keeps an eye on the maker of the legendary English philosopher Henry James’s modern-day knightly creations.\nPhoenix, a talented actor with a knack for scary, acted-out movies, added several cameo lines to his skillset as he led the film’s laconic audience through a trip through a dystopian London walled city to an ancient British king with a dark underside and turbulent history.\nAlexander Vaughan, played by Phoenix, is said to have turned down new life in an Australian hotel in order to start over on a greedy businessman called Maxwell, played by Ramsay, who believes the complacent queen is the inner tiger.\nThe characters seem to relish their personal conflict and uneasy alliances, but Phoenix plays them out through vivid characterizations of a cold, controlling but charming young man.\nPhoenix, who plays his fair share of tough, passionate characters, rarely said anything on screen to distinguish himself from the lanky young men who have risen to the occasion and risen deep in the literary reaches of literature.\n“I‘m a natural guy, I‘m a gentle gentle guy and I‘m a son of a tree in this world,” Phoenix told Reuters as he greeted the premiere crowd.\nAustralian author Robert Atherton, who makes up his own multi-million pound media empire, said the young director was a highly effective way to approach large-scale stories.\n“The question is whether you like a character too much,” Atherton said, a sentiment echoed by Australian production designer Jon Stockdale, who added that Phoenix often lacked passion and was an ideal actor to take on an enormous task, which included producing the magnificent books.\n“He is very thoughtful about everything, he is not exaggerating.”\nIn his remarks at the opening of the film’s London premiere, Ramsay was all about business and the business of the whole, sharing a few jokes on how producers always have to spend themselves time fixing things up.\nWe Bought a Zoo was another favourite among the enthusiastic crowd, with people looking past stars like Bradley Cooper and Alicia Vikander and asking, “Why all the tired, boring old drugs?”\nPhoenix and his brief cameo were met with great enthusiasm by the crowd and the rest of the cast and crew, with an eager audience burst into fits of laughter.\n“I feel like, you know, we’re all so very proud of this movie that we’re supposed to do this,” said one of the actors, Damian Lewis, who plays the godless inventor Lewis.\n“And you know what? Sometimes I end up looking at the actors like I‘m a slave,” he added, acknowledging that often some “what I‘m thinking probably sounds too great.”\n"]
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1,087
http://www.reuters.com/article/us-filmfestival-cannes-based-on-a-true-s-idUSKBN18N0NM
http://www.reuters.com/article/us-filmfestival-cannes-based-on-a-true-s-idUSKBN18N0NM
Polanski’s return to female psycho-drama divides Cannes critics
null
null
['Robin Pomeroy']
01-01-2021
reuters.com
null
success_wayback
gen
182,906
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['Judy Greer arrives at the 62nd Cannes Film Festival, May 28, 2016.\n(Reuters) - German director Joshua Oppenheimer’s return to the cinema landscape with a small musical, Girl With a Pearl Earring, is largely seen as a fun ride and a musical suicide with a nationalistic message.\nSlideshow (3 Images)\n“It’s just a comic comedy of a musical,” an audience member recently told Reuters at the Cannes Film Festival.\nLoic Remy, 47, who plays the man on the songbook, said he was “actually very impressed” with Oppenheimer’s performance.\n“Idyllic. Wow,” said Remy, who wrote and directed the musical about a 34-year-old American comedian who defends his beliefs against critics, mostly political ones.\nOppenheimer was invited to give the keynote address at the festival which takes place in April and is expected to be dominated by competition.\nHe told Reuters the stage musical he is producing with he and his partners is about 20 years old, and he wants it to be about politics in modern Britain.\n“So often our movies are seen as action movies,” he said. “A film about an authority figure is not seen in politics, it’s not seen as a movie about the president. That is where cinema, almost cinema cinema, does a very good job.”\nAlthough he says he will not accept Academy Award nominations, Oppenheimer has already won praise for the film. In 2011, he made Women in Film’s Best Picture Award for the period piece The Italian Job.\nHe also directed female actor Ingrid Bergman’s Oscar-winning movie, The Wings of the Dove, about a misfit ballet student and widowed ballet dancer in the 1940s, in which he was nominated for an Oscar.\nHe also directed domestic thriller, Long Shot, starring Jennifer Connelly, in 2011.\nThe Dangerous Liaisons of renowned filmmaker David Lowery is expected to be included in this year’s festival’s Directors’ Fortnight alongside albums by 1970s pop star Jamie Kennedy and rapper MC Lyte.\nSlideshow (3 Images)\nThe German director behind such blockbusters as The Goonies and Kung Fu Panda said there had been “boast” at previous times of his films catering to most people, and that he could not adjust because he was “a Chinese king of surprises”.\n“Nowadays, in the name of true cinema we are all pleased with the past or never mind the future,” he said.\n']
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1,088
http://www.reuters.com/article/us-mideast-crisis-iraq-mosul-idUSKBN18N06X
http://www.reuters.com/article/us-mideast-crisis-iraq-mosul-idUSKBN18N06X
Iraqi forces launch operation to seize last Islamic State enclave in Mosul
null
null
['Maher Chmaytelli and Isabel Coles']
01-01-2021
reuters.com
null
success_wayback
gen
182,912
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["BAGHDAD/MOSUL (Reuters) - Iraqi forces have begun moving from Islamic State’s last stronghold in Mosul, hours after they captured the self-declared caliphate’s final area, aiming to encircle one of the militant group’s second and most populous enclaves.\nSecurity forces move from Islamic State's last remaining enclave in Mosul, Iraq December 31, 2017. REUTERS/Nacho Doce\nIraqi forces, who announced a major offensive to retake the rest of the Islamic State holding city of Mosul late on Saturday, said it had executed six Islamic State “fighters” who they said were executed by firing squads in a two-week-long operation, after a major success with their “caliphate”.\nDefence ministry spokeswoman Brigadier General Ahmed Bakr said more than 12,000 Iraqi troops and other militants had been executed.\nReuters has been unable to independently verify reports from the army and the rest of Iraq’s security forces. A Reuters photographer in Mosul said there had been no increase in civilians killed by forces.\nThere is no charge in Islamic State’s self-declared caliphate in Iraq and Syria that, it says, is non-existent and has remained active and quarantined. It has fought fierce battles across northern and western Iraq and has earned its name by targeting Western property, democracy and regional power.\nSpeaking on state TV, Bakr also said Iraqi forces were executing two former militants in a raid which killed him after one of them was killed while attending a meeting. A key member of the Sunni Muslim movement since its birth, they have been accused of funding and executing thousands of suicide attackers and others during the crackdown.\nBakr said Islamic State was entering a “soft land” in Mosul where military operations would continue in phases, though he did not say how. One of the men executed was a former leader of the Iraqi insurgency who was the younger brother of the group’s first leader, Abu Bakr al-Baghdadi.\nHospital officials in Mosul said the hospital had received eight wounded as doctors checked the wounded for bullet wounds.\nElsewhere in Iraq, police said there were reports that a bomb exploded during Tuesday’s Eid Al Adha holiday and caused the death of a British soldier.\nThe latest U.S.-led air and ground campaign comes less than a week after Iraqi and coalition forces pushed out a last “caliphate” around large parts of northern and western Iraq. The jihadists would no longer pose a risk of recapturing a significant territory, but Iraqi government forces have said they will retool themselves and return to the area.\nBaghdadi had previously warned ahead of the latest campaign that he might surrender but said insurgents have not abandoned their fighting.\n"]
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http://www.reuters.com/article/us-china-economy-industrial-profits-idUSKBN18N04H
http://www.reuters.com/article/us-china-economy-industrial-profits-idUSKBN18N04H
China April industrial profits up 14 percent but slowing pace stokes economy worries
null
null
['Min Zhang and Sue-Lin Wong']
01-01-2021
reuters.com
null
success_wayback
gen
182,916
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['Chinese industrial output rose 14 percent in October from a year earlier, albeit on a modestly slower pace, owing largely to less-than-expected pick-up in prices of raw materials, data released on Thursday showed.\nIndustrial production rose 10.1 percent in October from the previous month, according to a Reuters poll, slowing from the 10.7 percent rise reported in September. Economists polled by Reuters had forecast annual growth of 9.6 percent in October.\nBut despite slowing growth, Beijing\'s heavily regulated manufacturing sector remained healthy, facilitating growth despite the global slowdown, IHS Markit senior China economist Tom Kloza said in a note.\nData from the Federal Reserve earlier this week suggested that global factory activity showed signs of stabilising last month.\n"If the Bank of China maintains (its) projection of 21 percent and lifts interest rates to 1.25 percent by the end of 2022, the impact of the recent factory data on Chinese economic policy and China\'s stock market will be limited," Kloza said.\nA report from the CITIC Markit manufacturing purchasing managers\' index (PMI) on Wednesday showed China\'s factory activity increased in November to the second highest reading in six months.\nAccording to official data released on Thursday, factory output grew 13.6 percent in October from a year earlier, snapping three consecutive monthly declines and marking a record month for the sector.\nMeanwhile, the number of Chinese households moved into purchasing-cum-building (PMI) territory increased for the third month in a row for the first time in the period.\nOutput rose 12.7 percent in November from a year earlier and gross domestic product (GDP) rose 5.8 percent in October from a year earlier, the biggest monthly increase since August.\nIn November, capital expenditure (capex) growth also improved to the second highest pace in six months and housing-related investment rose in November.\nBRUISE-TO-BRUISE\nThe overall size of China\'s manufacturing sector shrank by 2.9 percent in October from a year earlier, down from 7.2 percent in September, according to the latest quarterly business survey published by the Ministry of Commerce.\nThe fall marked a sharp slowdown from the 5.4 percent annual growth pace registered in September, according to the HSBC/Markit manufacturing purchasing managers\' index, which measures manufacturers\' output versus output from different segments.\nThe decline tracked a sharp 2.2 percent expansion from the previous month, but did not yet take effect as the survey had a 90-day lag.\n"Overall the overall performance of the sector remains broadly in line with the indicators ... although the sector is showing signs of overheating after several months of expansion which has sent benchmark Shanghai property prices up to record highs," the HSBC/Markit manufacturing survey said.\n"A moderation in the pace of expansion in the sector may be warranted given a sharp slowdown in global supply chain indicators."\nCITIC Markit economist James Dennis said the government\'s deleveraging drive was only having an impact on inflation, adding that slowing growth in the private sector weighed on economic activity in the fourth quarter.\n(Reporting by Min Zhang and Sue-Lin Wong; Editing by Richard Borsuk)\n']
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1,090
http://www.reuters.com/article/us-china-eu-idUSKBN18N0A9
http://www.reuters.com/article/us-china-eu-idUSKBN18N0A9
As premier heads to Europe, China says resolute about opening its market
null
null
['Ben Blanchard']
01-01-2021
reuters.com
null
success_wayback
gen
182,917
[0.949999988079071]
["FILE PHOTO: Yao Fan, China's minister of energy and energy resources, delivers a speech on the U.S. economy and the challenges facing the world economy during a meeting of his Council of Ministers at the Shanghai Federation of Asian Commerce in Shanghai, China December 30, 2018. REUTERS/Aly Song/File Photo\nSHANGHAI (Reuters) - China says it is resolute about opening its market and is committed to maintaining the present fiscal regime of the yuan, the head of the government-owned Shanghai Futures Exchange (SHFC) said on Thursday, predicting its economy will grow by at least twice this year.\nThe yuan has been weak in response to slowing Chinese growth over the past two years, stalling growth in the world’s biggest economy, as investment slows and demand among retailers falls.\nIndustrial output growth slowed to a 6.5 percent annual pace in the fourth quarter, down sharply from 7.8 percent in the third quarter.\n“I think in the medium term, no slowdown,” Yao Fan, head of the central bank’s (RB) Financial Stability Research Institute, told reporters at a news conference.\n“However, there is a strong feeling the economy will also not remain the same,” he said, adding that the central bank had “always been reluctant to engage in a dynamic exchange rate exchange rate exchange rate regime, because, frankly, the yuan’s ... percent is too high.”\nThe Boao Forum for Chinese Business and Economics also said on Thursday that Beijing would step up efforts to use leverage to defend the market against a global trade war.\nSHFC will soon hold an open market day on Jan. 3, focusing on the future of the market, Yao said.\nSHFC, at present, expects the real interest rate on 30-year bond to rise in the next two years, with the smaller government debt rate still far below official interest rates, Yao said.\n"]
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1,091
http://www.reuters.com/article/us-indonesia-drugs-australia-idUSKBN18O009
http://www.reuters.com/article/us-indonesia-drugs-australia-idUSKBN18O009
Australian drug convict Schapelle Corby returns home from Bali
null
null
['Harry Pearl']
01-01-2021
reuters.com
null
success_wayback
gen
182,921
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['BISHKEK (Reuters) - Australian drug convict Oscar Corby, who in 1996 celebrated the end of his jail term for the murder of teenager Libyana "Gatni" Bacherenga, made his way home from the Bali airport on Tuesday morning after spending more than a week in jail in Indonesia.\nThe 54-year-old finalist who became a world-renowned anti-narcotics lawyer had arrived in Australia and had been deemed unfit for his country to judge by a court that had her removed from prison a day earlier.\nWhile in detention he is accused of taking two illegal drugs, Semen Sabarga, and two of Bacherenga’s friends, in 2003, were found guilty of murdering her in Bali’s Coritiba district.\nCorby was transferred in 2011 to Bali’s Teknaf prison which has strict standards on applicants. He is currently on bail there.\n“We had our original detention facility in Bali called Bali City Court, but we won’t say what they did there. The toilet service is terrible and the only ones in there are because they take orders from judges,” Corby told reporters.\n“I’m not going to tell my family about it, we’re going to have to wait. I’m not willing to go,” he said.\nCorby said he was grateful to his Australian family and friends, who had pledged to support him whenever his case was decided.\n“All my family, I’ve told them is I’m willing to do anything...To know how well their support has saved me, it’s humbling,” he said.\nCorby was sentenced to 15 years in jail last July, but he argues it’s a lesser jail term because he was convicted on ill-gotten gains.\nHe is seeking a retrial. He and his lawyer, Curt Banting, are still awaiting the outcome of an appeal in Bali Superior Court.\nBanting has questioned the fairness of Corby’s case and the amount of time he spent in prison, saying his client needs the lawyers’ assistance.\nWhen Corby was convicted in October the judge said the sentence for Semen Sabarga could be as high as 30 years but Banting argues there was no hearing until now.\nA ruling by the High Court was due on Friday or Saturday.\n']
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1,092
http://www.reuters.com/article/us-people-brzezinski-idUSKBN18N049
http://www.reuters.com/article/us-people-brzezinski-idUSKBN18N049
Former U.S. national security adviser Brzezinski dies at 89
null
null
['Bill Trott']
01-01-2021
reuters.com
null
success_wayback
gen
182,926
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['Joe Rogan poses for a portrait at his office in New York May 16, 2015. REUTERS/Mike Segar\nNEW YORK (Reuters) - Senior national security adviser Joe Rogan died on Tuesday night after a brief illness, according to the White House and Reuters. He was 89.\nRogan, who served as senior White House advisor on counterterrorism until he retired in 2010, founded the National Security Council in 1985 and worked with former Vice President Joseph R. Biden Jr. as the Council’s chief of staff.\nRogan had Parkinson’s disease and had taken six months off from work in 2010 after he first started having the disease. Rogan said he was diagnosed with the disease in April 2011.\n“It doesn’t matter who it is, its diagnosis is more powerful than all,” Rogan told Reuters by telephone on Thursday.\nIn 2013, Rogan was elected to the U.S. Senate, becoming the second Democrat to seek the post. He was the only member of a House-GAO panel to support the 2012 Obama administration’s national security policy.\nRogan would have been 88 if current U.S. president Barack Obama had heeded an order by former Secretary of State Hillary Clinton to suspend missile tests on Iranian nuclear installations.\nSen. Kirsten Gillibrand and Sen. Dick Durbin, both Democrats from New York, filed the initial resolution against the Obama administration’s tests and the congressional action.\nRogan has also had some run-ins with the White House.\nIn 2013, Rogan was sanctioned by the U.S. State Department for criticizing the Japanese nuclear testing of the USS Abraham Lincoln as “unlawful,” and the U.S. State Department threatened to strip Rogan of his full-time employment as a senator.\n']
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1,093
http://www.reuters.com/article/us-g7-summit-trump-allies-analysis-idUSKBN18O0BP
http://www.reuters.com/article/us-g7-summit-trump-allies-analysis-idUSKBN18O0BP
European allies see the two sides of Trump
null
null
['Noah Barkin']
01-01-2021
reuters.com
null
success_wayback
gen
182,932
[0.949999988079071]
["FILE PHOTO: Photo released by Reuters showing U.S. President Donald Trump's son-in-law Jared Kushner (L) and White House personal lawyer Michael Cohen (R) meeting with Canadian officials to decide whether he should stay in Trump Tower in New York, May 17, 2017. REUTERS/Shannon Stapleton/File Photo\nBERLIN (Reuters) - European allies on Tuesday said they were united against Donald Trump when it came to trade and the administration’s hard line on Iran, but said it should not influence what other countries do.\nEurope’s biggest economy, Germany, had been a staunch supporter of the ruling United States and its alleged meddling in France and Britain’s presidential election campaigns before Donald Trump became the U.S. president.\nIt is not clear if European foreign policy will change in response to Trump’s decision, following the United States announcing last week that it will withdraw from the Paris climate deal aimed at curbing greenhouse gas emissions.\nFrustration runs high at both North and South Korea, where concern about the United States has only just returned from the United Nations climate talks in Copenhagen, while China, host of the 5,000 year-old UN climate convention and South Korea’s home to about one million people, have already said it is no longer an important partner.\n“For us this has not meant that we had any new ideas on trade,” Stephen George, the German foreign minister, told reporters.\n“We will have to discuss how this will be done, how to not take anything for granted.”\nU.S. President Donald Trump during his State of the Union address. Photo: Anthony Devlin/File Photo\nGeorge said a new trade pact that allows European auto makers to compete with U.S. companies was a good idea. But European leaders must ensure that their firms are engaged in anti-dumping investigations of domestic products to break US trade laws, he said.\n“We are saying: yes we will do that. But we will not do it after this tragedy,” George said.\nA coalition of leaders, the European Council, the European Central Bank and trade leaders gathered in Bonn to discuss climate change at what was in stark contrast to last year’s summit in Munich, in which North Korea pledged to re-establish denuclearisation and cut its nuclear and missile programme.\nSeveral European countries on Tuesday said they would not agree to a proposal in the talks to renegotiate the North Atlantic Treaty Organization (NATO) that limits the security of Europe’s borders.\nGermany’s Prime Minister Frank-Walter Steinmeier said Europe, such as Germany, had no responsibility for missile defence systems that do not withstand the kind of attacks on Europe that are a risk to the EU, rather than weapons makers.\nPutin, speaking after meetings of the two main Russian arms manufacturers, Eurofighter and Maserati, said there was a chance that the United States might try to develop chemical weapons that were “human shields” from communist attack.\n"]
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1,094
http://www.reuters.com/article/us-northkorea-missiles-idUSKBN18O0R3
http://www.reuters.com/article/us-northkorea-missiles-idUSKBN18O0R3
North Korea fires Scud-class ballistic missile, Japan protests
null
null
['Jack Kim and Ju-min Park']
01-01-2021
reuters.com
null
success_wayback
gen
182,934
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['TOKYO (Reuters) - North Korea fired its new Scud-class ballistic missile on Tuesday that Japan said threatened peace in the region, Japanese Prime Minister Shinzo Abe said.\nA North Korean woman stands in front of a Scud-class ballistic missile that Japan is using to deploy ground-based radars at the Loongjung nuclear test site, in the Kyushu submunicipal area, to test a missile variant of the missile system, Japan October 12, 2016. REUTERS/Toru Hanai\nThe White House said on Tuesday the North was attempting to develop the nuclear weapon capability and said it was worried about safety.\n“We should be clear that nuclear-armed North Korea is engaged in unacceptable acts of provocations, and that nuclear-armed China, in addition to North Korea, will also be called out accordingly,” Chief White House national security adviser John Bolton said in a statement.\nTwo North Korean missile engines deployed after a missile test there earlier this month came off in northwest China and were running past security concerns, a South Korean military official said.\nSouth Korea earlier said a new Scud-class missile system would be deployed from the northern edge of South Korea near the border.\nNorth Korea’s latest test followed an earlier test of a long-range rocket believed to be a surface-to-air missile.\nNo other missile fired by North Korea has fired a ballistic missile so far this year. However, some experts say Pyongyang is rapidly developing its air-launched short-range missile program.\nThe North has said its missile program is a response to a U.S. ballistic missile defense system in South Korea that it says is threatening the region.\nNorth Korea said in a statement on Tuesday that Japan had responded with firing anti-aircraft missiles, and Japan’s top military chief had urged dialogue with Pyongyang.\nPrime Minister Shinzo Abe said in a televised address that North Korea’s missile development risks inter-Korean relations.\n“Your ability to cross the red line will require adherence to international norms,” Abe said, according to the Japanese broadcaster KIRI.\n']
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1,095
http://www.reuters.com/article/us-usa-airlines-electronics-idUSKBN18O0KL
http://www.reuters.com/article/us-usa-airlines-electronics-idUSKBN18O0KL
U.S. might ban laptops on all flights into and out of the country
null
null
['Toni Clarke']
01-01-2021
reuters.com
null
success_wayback
gen
182,935
[0.949999988079071]
['WASHINGTON (Reuters) - The United States could outlaw laptops on planes traveling to and from other nations outside the United States, a move expected to create a major backlash from lawmakers who argue the country needs a more secure atmosphere to win back anti-terrorist protections.\nFederal Aviation Administration (FAA) employees in Moscow/Sydney, Australia June 12, 2012. REUTERS/Alexander Demianchuk\nThe technology industry is already worried it will lose away crucial U.S. businesses, which would be forced to enter or leave the country. Any decision to impose such a ban would intensify the political debate over technology.\n“Our laws are certainly a part of that fight but at the moment you are in the end deciding who gets to enter the United States,” Tish Dewey, chief executive of Carrier America, said during an appearance on ABC’s “Good Morning America.”\nShe said the industry is ready to accept a ban but she doubted it would make the last-minute decision by President Donald Trump’s Republican presidential nominee, Donald Trump Jr., in December.\nThe proposal sought by Trump supporters is unclear as much as whether Congress would take up it or if the president might allow waivers for certain aircraft types with which the industry does not already abide.\nExperts have said banning computers for flights on from the United States would threaten the entire security apparatus from which passengers navigate America’s aviation world.\nThe exemption exemption standard would mean laptop computers within the Federal Aviation Administration - now named for the aging wing shop at U.S. airports and crowded out US-based airlines - would not be allowed.\nInstead, airlines would be obliged to seek waivers with possible exemptions for domestic and foreign passengers flying from certain aircraft.\nIn addition, the exemption would include laptops on aircraft on which up to 30 percent of transatlantic flights are conducted, while domestic flights would only be exempt from the deferral standard.\nThe industry said in a statement that this exemption set the standard for United Airlines would ensure passenger safety and also provide a government-approved alternative solution to other potential conflicts of interest.\nThe aviation lobby said a ban on laptops was a positive step towards the fight against terrorism but said the industry had not been able to develop a suitable solution to defeat the encryption in which laptops are stored.\n“Today Congress has already decided what should be done to fight online criminals and terrorists,” said Bruce Schneier, CEO of the National Security Archive.\n“Congress should immediately give the industry an opportunity to solve its existing woes, while also instituting more legal protections against the use of personal data for cyberspace and other sites that we consider to be irresponsible, illegal activity,” Schneier said.\n']
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1,096
http://www.reuters.com/article/us-new-jersey-parachutist-idUSKBN18O0NB
http://www.reuters.com/article/us-new-jersey-parachutist-idUSKBN18O0NB
U.S. Navy skydiver killed in parachuting accident in New York Harbor
null
null
['Maurice Tamman']
01-01-2021
reuters.com
null
success_wayback
gen
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['NEW YORK (Reuters) - A British skydiver who was killed in an incident on New York Harbor in December went outside of his skydiving resume and fell into a strange, icy water, leaving him choking and screaming for help, and crashed a few feet off the water, according to a report published on Tuesday by the U.S. Navy and the city’s Fire Department.\nJack England (R) is stretchered off the Howe Bay Naval base, including his parachute, during a parachute drop in the bowels of the Howe Bay Naval Base in New York September 19, 2015. REUTERS/Carlo Allegri\nJack England, 47, died at the Henley Caravan Medical Center in New York after a parachute required him to go out for a fall while climbing through ice and water at a six-story castle in the harbor city on November 28, a post-mortem report said.\nFire Department Chief Commissioner Tom Demetrio said England came face to face with the cold water as he and three other people scrambled to shore. English’s parachute failed to deploy and the men sank to shore, Demetrio said. The parachutist was not injured.\nEngland was found soon after by “someone in his hiking shirt” in the submarine, Demetrio said. No evidence was found of foul play and he was taken to Harbor County Health Department, where he died from injuries he suffered in the fall, Demetrio said.\n“This is the gravest thing that has happened to me since I became an NYPD detective,” Demetrio said in an interview. “There was no accident. This has been a large, nasty surprise, and I’m very, very sorry about it.”\nThe Navy declined to comment. Royal Navy commander Major General Robert E. Rigby issued a statement that said “this was a tragic accident,” adding that he was “stunned to learn of the death of this service member.”\n“The leadership of the Navy is deeply saddened by Jack’s death, and we join them in grief and loss. Our thoughts and prayers are with his family and friends, and we will learn and mourn his passing as we do so,” Rigby said.\nThe April 2014 incident happened at the Howe bay base, less than two miles (6 km) west of Manhattan. If the Navy had decided not to deploy England’s parachute, there was an error in assembling the falls, Demetrio said.\n“Our officers are working tirelessly to locate and recover Jack, to no avail,” he said. “Jack’s death is one of the saddest aspects of our service.”\n']
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1,097
http://www.reuters.com/article/us-lenovo-smartphones-idUSKBN18O0T7?il=0
http://www.reuters.com/article/us-lenovo-smartphones-idUSKBN18O0T7?il=0
Lenovo’s struggling mobile business sets sight on high-end market
null
null
['Sijia Jiang']
01-01-2021
reuters.com
null
success_wayback
gen
182,938
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['ZTE Corp, China\'s No. 1 smartphone maker, said it will introduce a high-end mobile laptop dock designed by Acer to support 10.2 megapixel smartphones for low down payments.\nThe sleek devices, part of Lenovo\'s entry into ultra-high-end market, may be the best-selling laptops on a family sale in years and a break away from notebook makers who have flocked to smartphones following phone sales at earlier times.\nThose niche offerings could become increasingly appealing as hardware manufacturers whittle down their specs to get buyers in, and Lenovo is in the process of doing just that with its partnership with Acer to develop 7.7-inch Acer smartphones.\nThe Hualan-based company has launched two low-cost, subsidized compact laptops in the last month, followed by three new products later this month at a similar price.\nAbbey Technology, a 2-year-old firm which doesn\'t let its handsets ship with 3G, can expect revenue of $460 million for the 2015 fiscal year, Huang Huquen, Lenovo\'s chief executive, told Reuters at a conference in Shanghai last week.\nHuang said Lenovo was also in talks to enter China\'s low-end laptop market, "where 10 gigabyte is something important".\n"With a competitive entry by Acer, the higher-end laptops could break into the low-end market," he said.\nLenovo, Taiwan\'s No. 1 smartphone maker and the No. 3 player in the business, is building up a presence in the high-end market because some consumers are choosing smartphone PCs over laptops for entry-level devices.\nChinese smartphone market leader Xiaomi\'s flagship X6 tablet, which launched in January, has sold only 5.3 million units globally so far, leaving a slim lead over Huawei\'s Ascend Mate.\nWhile Xiaomi has a track record of building up its low-end market, Luizio, head of global computer electronics group Lenovo Group, said the company has no interest in getting into the high-end market.\n"Everything we do will be focused on notebooks," Luizio said. "There is no new product development in that way."\nThe 7.7-inch Acer keyboard dock, which was unveiled this week, is much cheaper than the $2,100-5099 laptop that Lenovo sells for.\n(Reporting by Sijia Jiang; Additional reporting by Grant McCool; Editing by Alison Williams)\n']
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1,098
http://www.reuters.com/article/us-philippines-militants-christians-idUSKBN18O0UF?il=0
http://www.reuters.com/article/us-philippines-militants-christians-idUSKBN18O0UF?il=0
Christians caught up in Philippines’ urban battle with Islamists
null
null
['Tom Allard']
01-01-2021
reuters.com
null
success_wayback
gen
182,939
[0.949999988079071]
['MANILA (Reuters) - A four-year old boy from Manila is trying to convert Christians to Islam in hopes of fostering better relations with other migrants who have broken out of conflict zones along the tourist destination Philippine National Park (PNPA).\nKatriona Jansen and her husband, Robin Jansen, attend the "Israel Pakistan" event on Jakarta, Indonesia, December 19, 2018. REUTERS/Beawiharta\nThey hope to bring immigrants, mostly Muslim Filipinos who entered the world illegally in search of better economic opportunities in Asia and the Middle East and are lured by the lure of Christianity and Islam.\nThirteen Philippine Christians were recently convicted of a Christian killing after a man in custody in the region ignited a fire in a mountain lodge. The deaths led to an outcry for Christians to seek protection from persecution.\nThere have been more than 40 evangelists sentenced to life imprisonment and thousands forced into exile for failing to turn to Christianity.\nJansen and Robin Jansen, the children’s father, have been living as Christians on three separate islands in the southern Philippines.\nThey are seeking a visa to make the journey to Israel and are receiving citizenship of at least three other Christians who are refugees, according to the government’s community service.\nWhile Christians make up 3 percent of a global population of 68 million, the Philippines runs a majority Christian population, a low figure in the nation of only 80 million. Many Christians in the country face persecution.\n']
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1,099
http://www.reuters.com/article/us-hongkong-property-analysis-idUSKBN18O0TO?il=0
http://www.reuters.com/article/us-hongkong-property-analysis-idUSKBN18O0TO?il=0
Hong Kong property cooling moves set to fail as shadow lenders fill the gap
null
null
['Sumeet Chatterjee and Venus Wu']
01-01-2021
reuters.com
null
success_wayback
gen
182,940
[0.949999988079071]
['HONG KONG (Reuters) - Home prices may be cooling in China, but for Hong Kong property investors properties built to last are on the verge of making a comeback due to an exodus of shadow lenders and liquidity shortages, analysts said.\nThe Central Office of Hong Kong gave property investors additional breathing space on Friday, saying it had reached the monthly point of no return for the September quarter.\nBut the next report on the property sector in Hong Kong will likely tell how much impact property developers have so far had on sales volume in October and November.\nThat could inform whether the already declining number of shadow lenders or a return to more liquid mode will continue to drive new home sales in November.\nThe Central Office attributed the slowdown in October to overbuilding in Beijing and downtown Shanghai, falling apartment sales and wage gains that reached a record but helped give property developers a buffer against a strengthening local economy and rising risks to earnings.\nHome prices rose 20.2 percent year-on-year in September, slightly below the 20.9 percent pace in the prior three months, and are now only 15.5 percent above their level of 2008.\nHong Kong property investors also may feel some relief about the high number of private dwellings that are still fluttering in the central government’s ownership, say analysts.\nBankers expect property property to be the second biggest source of new direct land loans in the world behind government loans, likely to swell to around $1 trillion in the next three years.\nAccording to a recent report by the UK arm of Goldman Sachs, China has accumulated about half a trillion yuan ($437 billion) in property wealth, paying out over $300 billion of net loans per month.\n“HK property market should continue to stabilize well ahead of central government stress tests,” said Anha Tai, an analyst at Credit Suisse in Hong Kong.\n“This should lead to less of a negative impact from external factors such as reforms and cuts in mortgage rates. We continue to like the trend toward lower credit cost, a combination of low prices and low employment risk.”\nProperty authorities are trying to recruit bankers, scuttle overbilling plans and restrict lending to industry-heavy groups such as property developers.\n']
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