Tokyo stocks down by break on yen surge on September 23, 2016TOKYO: Tokyo shares fell on Friday morning as a stronger yen hit the outlook for Japanese exporters’ profits. The market took a breather following a public holiday on Thursday and after global stocks rallied in response to the US and Japanese central banks’ decisions to keep their easy-money policies in place. A pick up in […]
Mantega allegedly involved in Petrobras corruption scheme on September 22, 2016SAO PAULO: Brazilian police arrested Guido Mantega on Thursday, a former finance minister under presidents Lula da Silva and Dilma Rousseff, as part of the investigation into the vast Petrobras corruption scheme, media reported. Mantega who was an important figure in the leftist Workers’ Party was arrested at a Sao Paulo hospital where his wife […]
Mitsubishi recalls cars in Russia over Takata airbags on September 22, 2016MOSCOW: Japan’s Mitsubishi Motors has recalled 47,800 cars in Russia to change their airbags made by Takata, the company at the heart of the biggest-ever safety recall in the industry. A representative of Mitsubishi Motors in Russia told AFP in an emailed comment that the company is telling owners of Mitsubishi L200 pickups that it […]
Experts see few paths to planet-saving climate goal on September 22, 2016OXFORD, United Kingdom: The global target to prevent climate catastrophe, crafted at a landmark summit last year in Paris, will be very difficult if not impossible to hit, said some of the world’s top scientists meeting this week in Oxford. The first-ever climate pact to enjoin all nations vows to cap global warming at “well […]
UN eyes world support to retain ceasefire in Syria on September 21, 2016ALEPPO, Syria: Syria’s Aleppo faced intense air strikes that killed a team of medics as the UN Security Council held talks on Wednesday to revive the failed ceasefire. The UN meeting was called after the United States said it held Russia responsible for a deadly air strike on an aid convoy. US Secretary of State […]
France charges two over alleged links with militants on September 21, 2016PARIS: Prosecutors on Wednesday charged two men with ‘associating with terrorists’ for their alleged ties with French extremist Rachid Kassim. The men – aged 30 and 39 – were arrested last Friday in the eastern towns of Dole and Roanne – the hometown of Kassim, seen as one of the most dangerous French-speaking propagandists for […]
Serbia receives tools from EU to curb flow of migrants on September 21, 2016BELGRADE: The European Union (EU) said that it was providing Serbia with training and specialist equipment – including thermal cameras – to manage the flow of migrants. The Balkan route for migrants trying to get to Western Europe was officially shut down in March – but hundreds have since been trying to cross each day. […]
Adidas boss suggests overseas Bundesliga games on September 21, 2016BERLIN: Boss of German sportswear giants Adidas, Herbert Hainer and a member of Bayern Munich’s advisory board, said Bundesliga matches could take place overseas in the future, especially in China. “Of course that could happen,” Hainer told German magazine Sport Bild when asked about future Bundesliga matches being hosted in China. “In US sports, we […]
Self-driving cars coming earlier than people think: Lyft on September 19, 2016WASHINGTON: The move to self-driving cars is coming earlier than most people think, says the head of ridesharing giant Lyft. Within five years, autonomous vehicles will account for the majority of Lyft rides, says co-founder and chief executive John Zimmer. Lyft, which has a partnership with General Motors on autonomous vehicles, says he sees a […]
Drug-resistant infections could spark financial crisis: study on September 19, 2016WASHINGTON: The spread of superbugs that are resistant to all known drug treatments could spark a global financial crisis on the level of the 2008 meltdown or worse, a World Bank-led study warned on Monday. Antimicrobial resistance is on the rise, and in the future, many infectious diseases will once again be untreatable, forcing more […]