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Business - Oil soars 6 pct as OPEC reaches deal to limit output in November

By Barani Krishnan NEW YORK (Reuters) - Oil prices settled up nearly 6 percent on Wednesday after OPEC sources said the group has struck a deal to limit crude output at its policy meeting in November, its first agreement to cut production since the market crashed two years ago on oversupply. The Organization of the Petroleum Exporting Countries reached agreement to limit its production by nearly a million barrels per day to 32.5 million bpd in talks held on the sidelines of the Sept. 26-28 International Energy Forum in Algiers, the sources told Reuters. OPEC will agree to concrete levels of production for country at its Nov. 30 meeting in Vienna, the sources said.

Wednesday, September 28, 2016  21:15


World - Canada takes in record number of immigrants

Canada took in a record number of immigrants in the 12 months ended July 1, the government statistical agency announced Wednesday. `The country had not received such a large number of immigrants in a single annual period since the early 1910s during the settlement of Western Canada,` Statistics Canada said in a statement. The arrival of 31,000 Syrian refugees since last November helped push the figure up to 320,932, and break a previous peak set in 2009-2010 when migrants flocked to Canada to escape economic hardships.

Wednesday, September 28, 2016  20:47


World - Sweden to reintroduce military service

Sweden said Wednesday it would reintroduce compulsory military service from 2018, eight years after it was abolished. The Scandinavian nation, which has not seen armed conflict on its territory in two centuries, ended conscription in 2010 after it was deemed an unsatisfactory way of meeting the needs of a modern army. `I hope that we are going to find a path to a more stable, robust and functional means of recruitment,` Defence Minister Peter Hultqvist told a news conference.

Wednesday, September 28, 2016  18:23


Top Stories - The first presidential debate in under 2 minutes

The best moments from the highly anticipated first presidential debate between Hillary Clinton and Donald Trump.

Wednesday, September 28, 2016  04:07


Top Stories - 4 dead as typhoon slams Taiwan

Four people died and at least 316 were injured in Taiwan after a powerful typhoon slammed into the country`s northeastern coastline on Tuesday.

Wednesday, September 28, 2016  00:21


Top Stories - 4 dead as Typhoon Megi slams Taiwan

Four people died and at least 316 were injured in Taiwan after a powerful typhoon slammed into the country`s northeastern coastline on Tuesday.

Tuesday, September 27, 2016  23:02


Asia-Pacific - Chinese Tourists Pump Cash Into a Hot Destination: China

Chinese tourists took four billion domestic trips in 2015, twice as many as in 2010 and many more than the 122 million trips abroad, the government said.

Tuesday, September 27, 2016  23:20


World - Number of unsolved crimes in Mexico rose in 2015: poll

The number of unsolved crimes in Mexico rose in 2015, with 93.7 percent of all infractions going unreported or uninvestigated, in a fresh blow to government efforts to stem years of drug violence and restore law and order. The survey, published by the National Institute of Statistics and Geography (INEGI) on Tuesday, said the 2015 unsolved crime levels were up 0.9 percent from the year prior. The 2015 figure was the highest since 2013, when the number of unsolved crimes reached 93.8 percent, INEGI said, and the second highest since the survey began in 2010.

Tuesday, September 27, 2016  23:08


Europe - A Voice Cuts Through, and Adds to, the Intrigue of Russia`s Cyberattacks

A tattooed 26-year-old living near the Mongolian border is the only person publicly identified with Russia`s cyberattacks. And he`s apparently eager to talk.

Wednesday, September 28, 2016  01:49


Top Stories - Why Chinese spend millions on these

To the untrained eye it`s a simple piece of jewelry -- but don`t let its modesty fool you.

Wednesday, September 28, 2016  08:17

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