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Yahoo

World - Ex-U.N. chief Ban narrows gap in opinion poll for South Korean presidency


By Christine Kim SEOUL (Reuters) - An opinion poll released on Monday in South Korea showed former U.N. Secretary General Ban Ki-moon in second place and narrowing the gap on the frontrunner among likely candidates to succeed President Park Geun-hye, who has been impeached by parliament. The Realmeter poll commissioned by the Maeil Business Newspaper showed former liberal opposition party leader Moon Jae-in maintaining his lead at 26.1 percent, compared with 22.2 percent for Ban. Ban, who has made several campaign-style appearances since returning to South Korea earlier this month, has narrowed the gap, having polled 21.5 percent against Moon`s 26.8 percent a week earlier.


Monday, January 16, 2017  02:31

Yahoo

World - UK should go ahead with world`s first tidal lagoon project: review


By Susanna Twidale LONDON (Reuters) - Britain should go ahead with plans to build what would be the world`s first tidal lagoon renewable power project, a government commissioned review said on Thursday. Britain needs to invest in major new infrastructure to replace aging coal and nuclear plants set to close in the 2020s, and also needs to reduce is greenhouse gas emissions to meet its climate targets. `The evidence is clear that tidal lagoons can play a cost effective role in the UK`s energy mix and there is considerable value in a small (less than 500 megawatts) pathfinder project,` the report by former energy minister Charles Hendry said.


Thursday, January 12, 2017  11:48

Yahoo

World - Indian election commission backs son in family dispute over party


By Tommy Wilkes NEW DELHI (Reuters) - India`s election commission on Monday backed the leader of the country`s biggest state in his battle with his father for control of their party, a feud Prime Minister Narendra Modi wants to exploit in a crucial election. After a months-long dispute that has dominated headlines, the commission ruled that Uttar Pradesh chief minister Akhilesh Yadav could use the party name and symbol, and not patriarch Mulayam Singh Yadav. The Yadavs` Samajwadi Party has ruled Uttar Pradesh, India`s most populous and politically important region, since 2012, and is one of the biggest opponents of Modi`s Bharatiya Janata Party in the state election that begins in February.


Monday, January 16, 2017  16:59

Yahoo

Business - EU clears French capital injection for Areva


European Union antitrust regulators approved on Tuesday French plans to grant a capital injection of 4.5 billion euros (3.91 billion pounds) to nuclear group Areva and said Areva`s restructuring plan would not unduly distort competition. France, which owns 87 percent of Areva, notified the European Commission in April of the restructuring plan to restore the group`s competitiveness and financial position. The European Commission, which oversees competition policy in the European Union, said the state aid was subject to conditions, in particular a positive conclusion of tests on the nuclear reactor vessel Flamanville III and an approval of the divestment of Areva`s reactor business.


Tuesday, January 10, 2017  13:43

Yahoo

Business - Ford South Africa recalls Kugas after cars burst into flames


U.S. auto-maker Ford will recall 4,500 Kuga SUVs sold in South Africa after dozens of reports of the vehicles catching fire spontaneously, the head of the company`s South Africa unit said on Monday. In a joint statement with the National Consumer Commission (NCC), Ford`s Southern Africa President and chief executive Jeff Nemeth said the company could confirm 39 incidents of the cars catching fire.


Monday, January 16, 2017  15:40

Yahoo

Business - Ford South Africa recalls Kuga SUV models after cars burst into flames


U.S. auto-maker Ford will recall 4,500 of its Kuga SUV models after dozens of reports of the vehicles catching fire spontaneously, the head of the company`s South Africa unit said on Monday. In a joint statement with the National Consumer Commission, Ford`s Southern Africa President and chief executive Jeff Nemeth said the company could confirm 39 incidents of the cars catching fire, as well as one death, which Nemeth said was not directly linked to the defect. In October, the company`s North American arm recalled 400,000 units of the Ford Escape - the U.S. version of the Kuga - also due to engine problems.


Monday, January 16, 2017  14:20

Yahoo

Business - Businesses can unlock $12 trillion via key development goals: Davos study


Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including global business and finance leaders. The report, released on Monday by the Business and Sustainable Development Commission, said pressure on business to become a `responsible social actor` was likely to grow. The group was launched at the Davos 2016 World Economic Forum to encourage businesses to take the lead in poverty reduction and sustainable development.


Monday, January 16, 2017  05:14

Yahoo

World - Made to order at N. Korea`s blacklisted art factory


Pyongyang (AFP) - `That was a personal commission,` says renowned North Korean sculptor Ro Ik-Hwa, pointing to a bust of A.Q. Khan, the Pakistani scientist denounced by the US as the world`s greatest nuclear proliferator. The bust sits in Ro`s workshop in Pyongyang`s sprawling Mansudae Arts Studio complex, which has become the latest target of UN sanctions seeking to curb nuclear-armed North Korea`s access to overseas hard currency revenue. Ro, 77, is among the greatest living practitioners of such works, having been a lead artist behind some of the most iconic of Pyongyang`s monuments.


Monday, January 16, 2017  04:33

CNN

Most Recent - Bafta nominations: `La La Land` up for 11 awards


`La La Land` looks set to make yet more movie history after receiving 11 nominations for the 2017 Bafta film awards in London Tuesday.


Monday, January 16, 2017  02:28

CNN

Most Recent - Golden Globes 2017: `La La Land` breaks record


`La La Land` swept Sunday`s 74th Golden Globe Awards and set a record.


Monday, January 16, 2017  02:28

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