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World - UN agency: Economy still sliding in Latin America, Caribbean


SANTIAGO, Chile (AP) Plummeting economies in Venezuela and Brazil are expected to drag Latin America into negative growth again this year, the U.N.`s Economic Commission for Latin America and the Caribbean reported Tuesday.


Tuesday, July 26, 2016  20:36

Yahoo

Business - FTC taking comment on divestiture linked to Air Liquide, Airgas merger


WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Tuesday it is accepting public comments on an application for sale of assets it required for approving a merger of industrial gas suppliers Air Liquide and U.S. peer Airgas.


Tuesday, July 26, 2016  19:46

Yahoo

Business - Exclusive: EU to seek arbitration in dispute with U.S. over Norwegian Air - sources


By Julia Fioretti BRUSSELS (Reuters) - The European Commission will launch an arbitration procedure to resolve a dispute between Norwegian Air Shuttle and U.S. regulators over the budget carrier`s wish to fly to the United States from Ireland, two sources said. The EU executive will take the unprecedented step as it considers the delay in granting flying rights to Norwegian`s Irish subsidiary a breach of the EU-U.S. Open Skies agreement, one of the people said. Norwegian`s Irish subsidiary, Norwegian Air International, applied for permission to operate flights to the United States more than two years ago, but the typically routine request has languished amid opposition from labor unions and some U.S. airlines, which say Europe`s third-biggest budget carrier would undermine wages and working standards.


Tuesday, July 26, 2016  19:34

Yahoo

Business - Exclusive: EU to seek arbitration in dispute with United States over Norwegian Air - sources


By Julia Fioretti BRUSSELS (Reuters) - The European Commission will launch an arbitration procedure to resolve a dispute between Norwegian Air Shuttle and U.S. regulators over the budget carrier`s wish to fly to the United States from Ireland, two sources said. The EU executive will take the unprecedented step as it considers the delay in granting flying rights to Norwegian`s Irish subsidiary a breach of the EU-U.S. Open Skies agreement, one of the people said. Norwegian`s Irish subsidiary applied for permission to operate flights to the United States more than two years ago, but the typically routine request has languished amid opposition from labor unions and some U.S. airlines, who say Europe`s third-biggest budget carrier would undermine wages and working standards.


Tuesday, July 26, 2016  18:21

Yahoo

World - London mayor seeks more powers to protect post-Brexit city


By William James LONDON (Reuters) - London Mayor Sadiq Khan, seeking more powers for the British capital to protect the city after Britons voted to leave the European Union, commissioned a study on Tuesday to draw up a list of devolution demands. The June 23 vote to leave the EU is threatening to send Britain`s $2.4 trillion economy into a recession that would cast a long shadow over London, the center of the country`s prosperity and home to its world-leading financial services industry. `London needs a stronger voice so that we can protect jobs and growth from the economic uncertainty ahead,` Khan said in a statement announcing a new `Finance Commission` tasked with drawing up a `wide-ranging suite of devolution requests`.


Tuesday, July 26, 2016  12:56

BBC

Asia-Pacific - Australia PM calls for investigation into juvenile `torture`


Australia`s prime minister calls for a royal commission after a report shows prison guards assaulting teenage boys in juvenile detention.


Tuesday, July 26, 2016  07:15

Yahoo

World - Top Asian News 3:48 a.m. GMT


BEIJING (AP) A Chinese military court on Monday sentenced a former top general to life in prison for taking bribes, concluding China`s highest-level prosecution of a military figure in decades. Guo Boxiong was also stripped of his rank and forced to hand over all his assets to the Chinese government, the official Xinhua News Agency reported. Guo, 74, is a former vice chairman of the Central Military Commission, which is led by Xi Jinping, China`s president and leader of the ruling Communist Party. Guo also was once among the 25 members of the party`s Politburo. While few details of the charges against Guo were immediately released, state media had reported that prosecutors had proof that he and his family took advantage of his position and accepted bribes to arrange promotions and assignments for others.


Tuesday, July 26, 2016  05:00

Yahoo

World - Australia probes `shocking` youth detention abuse


Prime Minister Malcolm Turnbull said he was `appalled` by the images aired by the national broadcaster ABC from a youth detention centre in the Northern Territory. `We will be establishing a Royal Commission in to these events, into this centre.


Tuesday, July 26, 2016  04:03

Yahoo

World - Australian PM orders inquiry after teenage prisoners teargassed, stripped naked


By Tom Westbrook SYDNEY (Reuters) - Australian Prime Minister Malcolm Turnbull on Tuesday ordered an inquiry into the treatment of children in detention after the airing of video showing prison guards teargassing teenage inmates and strapping a half-naked, hooded-boy to a chair. Turnbull said it was clear that mistreatment had occurred after the Australian Broadcasting Corporation (ABC) aired CCTV footage late Monday of inmates in a Northern Territory juvenile detention center being stripped naked, thrown by the neck into a cell, and held for long periods in solitary confinement. `Like all Australians, I`ve been deeply shocked shocked and appalled by the images of mistreatment of children,` Turnbull said on ABC radio as he announced a Royal Commission, Australia`s most powerful, state sanctioned inquiry.


Tuesday, July 26, 2016  02:37

Yahoo

World - Hilcorp says Flowline Leak contained at Lake Washington field, La


(Reuters) - Hilcorp Energy [HILCO.UL] on Tuesday said it contained a leak from an abandoned flow line at its Lake Washington Field in Plaquemines Parish, Louisiana on Monday. Around 30 to 100 barrels of oil were released and cleanup operations have begun, the exploration and production company said, adding that the cause of the leak was unknown. The U.S. Coast Guard had earlier reported it was responding to a crude oil spill from an abandoned flow line near Lake Grande Ecaille, Louisiana. (Reporting by Harshith Aranya and Nithin Prasad in Bengaluru; Editing by Steve Orlofsky)


Tuesday, July 26, 2016  21:53

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