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Business - EU fines Credit Agricole, HSBC, JPMorgan for Euribor fixing

BRUSSELS (Reuters) - The European Commission fined banks Credit Agricole , HSBC and JPMorgan Chase a total of 485 million euros ($520 million) for their part in a cartel to fix the price of financial benchmarks linked to the euro.

Wednesday, December 07, 2016  10:26


Business - U.S. presidential commission issues recommendations on cyber security

The U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S. presidential commission on cyber security recommended in a wide-ranging report issued on Friday. The commission created by President Barack Obama earlier this year also recommended that the president and Congress accelerate the pace at which technology is updated in the federal sector and that the president appoint an ambassador for cyber security for efforts abroad. Obama said in a statement after meeting the commission`s head, his former national security adviser Tom Donilon, on Friday that his administration strongly supported the commission`s `thoughtful and pragmatic` recommendations.

Friday, December 02, 2016  23:18


World - Ghana president, longtime opposition leader face off in vote

ACCRA, Ghana (AP) Voters in Ghana are casting ballots in presidential and legislative elections despite widespread concerns over the credibility of the country`s electoral commission.

Wednesday, December 07, 2016  07:30


World - Lack of access to medicine in Latin America taken to rights body

Complaints over lack of access to medicine in Latin America were brought before the Inter-American Commission on Human Rights on Tuesday, with demands that big drug companies be punished for preventing the sale of generics. Various regional groups highlighted the situation to the IACHR during a hearing held in Panama, saying that 21 percent of Latin America`s population had no access to basic health services and that 700,000 people died annually of preventable causes. This should be qualified as a `crime against humanity,` said German Holguin, coordinator for Alianza LAC-Global por el Acceso a Medicamentos, one of the groups.

Tuesday, December 06, 2016  23:47


World - EU`s Katainen says Italy vote adds to instability

The resignation of Italian Prime Minister Matteo Renzi after his heavy defeat in a referendum is a concern for European Commission as it adds to the instability that the continent is currently facing, EU commissioner Jyrki Katainen said on Monday. `From the Commission`s perspective, it is of course worrisome that as there is already a lot of instability in Europe, this kind of vote will only increase it,` Commission Vice President Jyrki Katainen told reporters in Helsinki. `It is now essential that the institutions in Italy`s political system enable stability as much as possible.` He added it was difficult to estimate the length or significance of Italy`s political crisis at the moment.

Monday, December 05, 2016  11:07


World - Britain`s migrants should take integration oath: report

Britain should consider requiring newcomers to take an oath of integration on arrival, according to proposals in a government-commissioned report released on Monday. The report follows a year-long study which found some communities in Britain were becoming more segregated, despite progress in recent years which has led to greater integration overall. It proposed immigrants being required to take an oath of integration with British values and society on arrival in the country, rather than awaiting their final citizenship test.

Monday, December 05, 2016  00:43


Africa - Didier Drogba charity may have `misled` donors - Charity Commission

An investigation into a charity run by former Chelsea striker Didier Drogba finds `no evidence of fraud or corruption` but says it may have `misled` donors.

Friday, December 02, 2016  08:51


World - EU offers Denmark partial access to Europol database - sources

The European Commission has offered Denmark partial access to Europol`s database, following the Nordic country`s vote to leave the cross-border police organization, government sources said on Tuesday. In a precursor to the much more dramatic vote by the British in June to leave the European Union entirely, Danes last December rejected a government proposal for new laws needed to keep the country inside the European police agency. Two sources in the Danish parliament told Reuters that the EU Commission had offered Denmark access to the database through an intermediate officer within Europol.

Tuesday, December 06, 2016  12:48


World - Gambia election recount awards Barrow slimmer win

The Gambia`s shock election result awarded president-elect Adama Barrow extra votes by mistake but a recount showed he still won outright, the country`s electoral commission told AFP Tuesday. Alieu Momar Njie, chairman of the Independent Electoral Commission, said correct counting on the spot in one region had been marred by an error when the results were tabulated centrally. All the candidates have had their final result numbers reduced, but Barrow and third party candidate Mama Kandeh were more heavily affected.

Tuesday, December 06, 2016  11:46


World - EU lawmakers postpone vote on carbon market reform until Dec. 15

A vote by European lawmakers on an overhaul of the EU`s Emissions Trading System (ETS) will be postponed until Dec. 15 because major parties remain divided over how far the reforms should go, EU sources said on Monday. The European Parliament`s environment committee, which had been due to vote on Thursday, has the lead on reviewing the European Commission`s proposal to reform the ETS. Scottish Conservative Ian Duncan, who is shepherding the reform through the European Parliament, is keen for a compromise among all political parties in order to secure a strong mandate in the house`s plenary vote before lawmakers enter three-way talks with EU member governments and the Commission on finalizing legislation.

Monday, December 05, 2016  13:58

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