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World - Japan prosecutors delay ruling on possible Fukushima indictments


TOKYO (Reuters) - Japanese prosecutors have delayed a decision on whether to charge three former executives of Tokyo Electric Power Co for their handling of the 2011 Fukushima disaster, an official with a special panel that requested an indictment said on Friday. The Tokyo`s District Prosecutors Office had been reinvestigating the case, after a citizens` panel ruled in July that three former Tepco executives, including then-chairman Tsunehisa Katsumata, should be indicted over their handling of the world`s worst nuclear disaster since Chernobyl in 1986. ...


Friday, October 24, 2014  08:42

Yahoo

World - Saudi Arabia`s Shi`ites fear they are at mercy of region`s tumult


By Angus McDowall RIYADH (Reuters) - The Shi`ite Muslim minority in Saudi Arabia`s Eastern Province have long felt marginalized by the Sunni ruling dynasty, and protests for greater rights as part of the 2011 Arab Spring brought a crackdown on both protesters and demands for reform. But now, death sentences for three Shi`ite Muslims including a prominent dissident cleric suggest that the region`s wider turmoil is further hardening attitudes toward the sect at home. ...


Friday, October 24, 2014  07:11

Yahoo

World - Three years after Libya revolt, `Dubai dream` still far off


When longtime dictator Moamer Kadhafi`s regime collapsed in a 2011 revolution, many Libyans looked to affluent and booming Dubai as an example of what the future could hold. On October 23, 2011, three days after Kadhafi was captured and killed, transitional authorities announced the `total liberation` of Libya, in a joyous declaration from the eastern city of Benghazi, birthplace of the eight-month conflict. In a country with two governments -- one internationally recognised and the other self-declared -- the anniversary comes at a time of deadly clashes between pro- and anti-government militias in Benghazi and west Libya. `When the country`s `liberation` was announced, our ambition was to become a new Dubai thanks to oil revenues,` said Mohamed al-Karghali, a 39-year-old teacher who fought in the revolt.


Thursday, October 23, 2014  05:21

Yahoo

Business - Caterpillar profit beats view, raises outlook; shares surge


By James B. Kelleher (Reuters) - Caterpillar Inc shares jumped more than 5 percent on Thursday after it reported a stronger-than-expected quarterly profit and raised its 2014 outlook, citing strong demand from the North American energy and construction industries. Sales to those markets offset continued weak sales of its earth-moving machines to the mining industry, a market Caterpillar bet on heavily through acquisitions in 2010 and 2011 - right before a slump in commodity prices prompted resource companies to slash their investment in new equipment. ...


Thursday, October 23, 2014  19:38

Yahoo

Business - OpenSignal LTE report on the Philippines: Slow but consistent speeds


While the country may have got 4G LTE as early as 2011, networks in the Philippines aren`t as fast as other Asian countries.>


Thursday, October 23, 2014  19:38

Yahoo

World - Don`t prejudge Egypt`s new draft NGO law, says minister


By Stephen Kalin and Lin Noueihed CAIRO (Reuters) - Egypt`s minister of social solidarity has urged civil society groups not to prejudge a new draft law for non-government organizations (NGOs), which they fear will roll back freedoms won in the 2011 uprising and could threaten their existence. Ghada Wali said the draft was still open to revision and could be further amended by parliament, which she hopes will pass the law after elections expected later this year. ...


Thursday, October 23, 2014  16:53

Yahoo

World - Women, children caught in deadly firefight near Tunis


Women and children were caught up Thursday in a police siege of a home near the Tunisian capital where security forces were fighting a gunbattle with `terrorists` in which a policeman died. The shootout came amid heightened security for fear of an upsurge in jihadist violence in the runup to a parliamentary election on Sunday, the first since Tunisia`s 2011 revolution. At least two women and an unknown number of children were inside the house in the town of Oued Ellil on the outskirts of Tunis where a group was exchanging gunfire with security forces, the interior ministry said. `There are at least two men, at least two women and children (in the house).


Thursday, October 23, 2014  16:53

Yahoo

World - Ennahda leader says `Tunisia model` way to defeat Islamic State


Tunisia`s transition to democracy serves as an example of how to defeat extremists such as the Islamic State jihadist group, the leader of the country`s powerful Islamist movement said. `The success of the Tunisian experience is in the international interest, especially in the fight against extremism and the fight against Islamic State and similar groups,` Ennahda head Rached Ghannouchi said in an interview with AFP in the runup to the country`s first parliamentary election on Sunday since its 2011 revolution. `The Tunisian model is the alternative to the Daesh model ... This Tunisian model ... brings together Islam and secularism, Islam and democracy, Islam and freedom for women,` he said, using the Arabic acronym for the Islamic State (IS) which has seized swathes of Iraq and Syria. `One of the best ways to fight terrorism is to advocate moderate Islam because terrorism is based on an extremist interpretation of Islam,` said Ghannouchi, whose party has emerged as the leading political force in Tunisia in the aftermath of the revolt which ousted longtime president Zine El Abidine Ben Ali.


Thursday, October 23, 2014  14:27

Yahoo

Business - S&P 500 on track for best five-day rally since 2011


By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks rose on Wednesday, with the S&P 500 up for a fifth straight day as technology companies rallied on strong results, though weakness in Boeing weighed on the Dow. With the session`s advance, which builds on Tuesday`s jump of about 2 percent, the S&P 500 is up 4.5 percent over the past five sessions, putting it on track for the biggest five-day rally since December 2011. The day`s gains were broad, with eight on the S&P`s ten primary sectors rising. ...


Wednesday, October 22, 2014  17:46

Yahoo

Business - Earnings lift Wall St. for fifth straight day


By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks edged higher on Wednesday, with the S&P 500 up for a fifth straight day as technology companies rallied on strong results, though weakness in Boeing weighed on the Dow. With the session`s advance, which builds on a jump of about 2 percent on Tuesday, the S&P 500 is up 4.5 percent over the past five sessions, putting it on track for the biggest five-day rally since December 2011. Tech names were among the market`s biggest advancers a day after both Yahoo Inc and Broadcom beat revenue expectations. Broadcom shares climbed 7.2 percent to $40. ...


Wednesday, October 22, 2014  16:33

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