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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


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 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


Most Recent - No evidence threat to LA transit system credible, FBI says

The FBI has found no evidence that the threat that sparked security fears on the Metro Red Line in Los Angeles was credible, the bureau said.

Wednesday, December 07, 2016  08:44


Business - California gas power plant La Paloma files for bankruptcy

A natural gas-fired power plant in California that earlier this year warned it might need to shut down filed for bankruptcy protection on Tuesday, blaming `inhospitable` regulations and a shift toward renewable energy for power generation. La Paloma Generating Co LLC [CMENGL.UL], a 1,200 megawatt combined cycle plant about 110 miles northwest of Los Angeles, filed for U.S. Chapter 11 bankruptcy in Delaware on Tuesday, citing $524 million of debt. La Paloma is owned by Rockland Capital LLC, one of several California plant owners that has asked the state for help in offsetting losses, arguing that it is in the state`s interest to support the natural gas plants because they provide stability and reliability to the power grid.

Wednesday, December 07, 2016  01:31


World - Congo official flags budget worries over already delayed election

The Democratic Republic of Congo`s government may struggle to afford presidential elections in 2018 due to soaring costs, the electoral commission head said on Tuesday, adding a potential stumbling block to a vote that has already been postponed once. President Joseph Kabila has ruled the country since 2001 and is required by the constitution to step down in December. The delay has prompted widespread protests and accusations that Kabila is stalling to hold on to power.

Tuesday, December 06, 2016  22:12


World - Cuba, U.S. to discuss detente in wake of Trump election

HAVANA/WASHINGTON (Reuters) - Cuba and the United States will draw up a roadmap for deepening their detente, the Cuban government said on Tuesday, in a first meeting since the election of Donald Trump as U.S. president and the death of Cuban revolutionary Fidel Castro. Wednesday`s fifth U.S.-Cuban bilateral commission comes at a time of increased uncertainty about the future of U.S.-Cuban relations given Trump`s promise to end the detente if Cuba did not offer a better `deal.` The administration of outgoing U.S. President Barack Obama has pressed American companies to complete additional business deals in Cuba to help further cement the president`s policy by the time Trump takes office on January 20.

Tuesday, December 06, 2016  19:14


World - EU talks on banning deadliest semi-automatic weapons hit deadlock

Talks on an EU-wide ban on some of the most lethal semi-automatic assault weapons, including the Kalashnikov prized by militants the world over, broke down on Tuesday amid disputes over definitions of firearm types. The executive European Commission is at odds with member states and the European Parliament over its plan to prohibit private citizens from owning weapons like the Russian-made Kalashnikov, or AK-47, and the U.S.-produced M-16. The measure is part of an overall tightening of EU rules governing the purchase and sale of such weapons since two Islamist gunmen shot dead 11 people in the offices of the French satirical magazine Charlie Hebdo in January 2015 and militants killed 130 people in attacks in Paris in November last year.

Tuesday, December 06, 2016  18:41

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