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Business - Nikkei pays price for downplaying Brexit risk, sees worst fall since 2011

TOKYO (Reuters) - Japanese stocks suffered their biggest daily fall in more than five years on Friday after Britain voted to leave the European Union, roiling financial markets and raising fears of a shock to the already fragile global economy.

Friday, June 24, 2016  07:43


World - Woman charged in 2011 slaying of Seattle businessman

SEATTLE (AP) — A woman has been charged with murder nearly five years after prosecutors say she killed a retired Seattle businessman and fled to Japan.

Wednesday, June 22, 2016  12:37


World - Japan says ageing nuclear reactors can stay on line

Japanese regulators said Monday that two ageing nuclear reactors can stay on line for up to 20 more years -- the first such exception under tighter safety rules imposed after the 2011 Fukushima crisis. Environmental group Greenpeace criticised the decision, saying earthquake risks were being ignored. Japan shut down dozens of reactors after a magnitude 9.0 earthquake-generated tsunami on March 11, 2011 triggered meltdowns at the Fukushima nuclear plant in the northeast, the world`s worst nuclear accident since Chernobyl in 1986.

Monday, June 20, 2016  09:29


World - Tunisia commemorates victims of beach massacre

Tunisia held a minute`s silence Sunday marking one year since a seaside attack claimed by the Islamic State group that killed 38 tourists including 30 Britons in the North African country. Tunisia`s Tourism Minister Selma Elloumi Rekik and British Foreign Office official Tobias Ellwood laid down flowers to remember the victims of the shooting in the town of Port El Kantaoui south of the capital. Tunisia, the birthplace of the Arab Spring, has suffered from a wave of jihadist violence since the 2011 revolution that ousted longtime dictator Zine El Abidine Ben Ali.

Sunday, June 26, 2016  21:07


Business - Intel considers sale of cyber security business: FT

NEW YORK (Reuters) - Chipmaker Intel Corp is considering the sale of its cyber security business, the Financial Times reported on Sunday. According to the report, the company has been talking to its bankers about options for the Intel Security unit, which was previously known as McAfee. Intel bought McAfee for $7.7 billion in 2011. A spokesperson for Intel could not be immediately reached for comment. ...

Sunday, June 26, 2016  18:42


World - Boston mobster `Whitey` Bulger`s possessions fetch $100,000 at auction

Former mob boss James `Whitey` Bulger`s personal possessions - including a pen holder designed to look like a rat and a three-carat, heart-shaped diamond ring - fetched more than $100,000 at an auction in Boston on Saturday. Law enforcement officials sold off hundreds of items seized when federal agents captured the fugitive mobster in an apartment in Santa Monica, California, in 2011. Bulger, 86, ruled Boston`s criminal underworld for a quarter-century before going on the lam after a corrupt FBI agent alerted him that he was about to be arrested.

Saturday, June 25, 2016  20:30


World - Russia planes pound Aleppo as Syria army closes in

Russian and Syrian warplanes pounded rebel-held areas of divided second city Aleppo on Saturday as government forces closed in on the rebels` sole remaining supply line, a monitoring group said. Aleppo, which was Syria`s commercial and manufacturing hub before civil war broke out in 2011, has been a key battleground ever since rebels seized eastern neighbourhoods of the city the following year. The Russian strikes focused on the Castello Road, the only remaining route out of the rebel-held east of the city, the Syrian Observatory for Human Rights said.

Saturday, June 25, 2016  10:36


Business - Worst day in 10 months as Wall Street reacts to `Brexit`

The S&P 500 turned negative for the year-to-date on Friday as Wall Street suffered its largest selloff in 10 months after Britain`s decision to leave the European Union caught traders wrong-footed. `Expect weaker investment and thereby slower economic growth to persist during the 2-3 year negotiations to leave the European Union,` Deutsche Bank economists said in a Friday note. The decline during regular market hours seemed more orderly, but the S&P 500 financial sector posted its largest percentage decline since November 2011, tumbling 5.4 percent.

Friday, June 24, 2016  22:14


Market - Brexit: Is this like the 2008 financial crisis?

The shocking vote by Britain to leave the European Union is creating global market turmoil. Could this be the start of another market meltdown like the collapse of Lehman Brothers in 2008? Or a temporary blip like 1987 or 2011?

Friday, June 24, 2016  14:20


World - Retrial pending for ex-gang leader in Nevada casino shootout

RENO, Nev. (AP) — A lawyer for an ex-motorcycle gang leader who has been granted a retrial on murder charges in a 2011 shootout with a rival gang at a Nevada casino wants to revisit the original plea deal prosecutors cut with a co-defendant who was the lone witness to testify the killing was an orchestrated hit.

Friday, June 24, 2016  03:35

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