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Business - Caesars must face $11 billion in lawsuits: U.S. judge


Caesars Entertainment Corp must face lawsuits from bondholders seeking some $11 billion in claims, a U.S. judge ruled on Friday in a decision the casino company had warned could plunge it into bankruptcy alongside its operating unit. Caesars Entertainment Operating Co (CEOC), which filed for Chapter 11 protection in January 2015, was asking for a third court shield from lawsuits against its parent to protect a multibillion-dollar contribution to its reorganization plan. The high-stakes CEOC bankruptcy has been plagued by a complex web of litigation pitting some of the most aggressive investors on Wall Street against each other.


Friday, August 26, 2016  23:41

Yahoo

World - Biden says U.S. cooperating with Turkey on evidence against Gulen


U.S. Vice President Joe Biden said on Wednesday the United States was cooperating with Turkey in evaluating evidence against the Muslim cleric Ankara wants extradited following an attempted coup, but that legal standards must be met. Speaking during a visit to Ankara, Biden said the United States would continue to cooperate as Turkey brings forward additional information about cleric Fethullah Gulen, blamed by Ankara for orchestrating the July 15 coup attempt.


Wednesday, August 24, 2016  15:08

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World - Erdogan says U.S. has `no excuse` to keep Turkey coup suspect Gulen


By Ece Toksabay ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Wednesday he would tell U.S. Vice President Joe Biden that Washington has `no excuse` for not handing over a Pennsylvania-based cleric that Ankara blames for last month`s failed coup. Erdogan, who is due to meet Biden in Ankara later in the day, said Turkey would continue to provide U.S. officials with documents to demand the extradition of Fethullah Gulen, who has lived in self-imposed exile in the United States since 1999.


Wednesday, August 24, 2016  14:55

Yahoo

World - Turkey and the Syria conflict: key developments


Here are key developments in Turkey`s involvement in the Syria conflict, after Ankara launched a major offensive aimed both at jihadists and Syrian Kurdish forces. Siding with the West six months after peaceful protests against Assad were brutally put down, Ankara joins mounting diplomatic pressure on its neighbour, before imposing sanctions on Damascus in November 2011.


Friday, August 26, 2016  14:35

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World - Turkey enters Syria to halt Kurds: analysts


Turkey`s decision to send troops into Syria is a last-ditch bid to prevent the realisation of its worst nightmare: the creation of a `Syrian Kurdistan`, analysts say. On Wednesday, Ankara launched operation `Euphrates Shield`, dispatching tanks and special forces to fight alongside pro-Turkish Syrian rebels to capture the town of Jarabulus from the Islamic State group. The extremist group abandoned the border town almost immediately, but experts said Ankara`s operation was directed less at IS and more at preventing further advances by Syrian Kurdish forces that control large swathes of the Syria-Turkey border.


Thursday, August 25, 2016  19:33

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World - German military mulls options if planes withdrawn from Turkish base


By Andrea Shalal BERLIN (Reuters) - Germany still wants its military to use Turkey`s Incirlik Air Base for reconnaissance flights in the fight against Islamic State but is looking for alternatives due to a dispute with Ankara, the Defence Ministry said on Thursday. A ministry spokesman said the armed forces were studying other basing options for six reconnaissance planes, a refueling plane and 250 soldiers if German lawmakers vote to end the use of the base over Ankara`s refusal to allow them to visit.


Thursday, August 25, 2016  12:38

Yahoo

World - Turkey sends more tanks to Syria, warns Kurdish militia


Turkey on Tuesday sent more tanks into Syria and sternly warned a Kurdish militia to withdraw from frontline positions, a day after pro-Ankara Syrian opposition fighters captured a key border town from jihadists. The tanks joined those which crossed the frontier on Wednesday in the so-called Operation Euphrates Shield, which Turkey says aims at ridding the northern Syrian border area of both Islamic State (IS) extremists and Kurdish militia. Turkish President Recep Tayyip Erdogan said on Wednesday that the offensive had expelled IS from the Syrian town of Jarabulus, and pro-Ankara rebels reported the jihadists had retreated south to the town of Al-Bab.


Thursday, August 25, 2016  12:20

Yahoo

World - More Turkish tanks head to Syria after IS-held town seized


At least 10 more Turkish tanks on Thursday crossed the border into Syria a day after pro-Ankara Syrian opposition fighters ousted jihadists from the town of Jarabulus in a lightning operation. The tanks were set to join those which had crossed the frontier on Wednesday in the so-called Operation Euphrates Shield, which Turkey says aims at ridding the northern Syrian border area of both Islamic State (IS) extremists and Kurdish militia. Turkish President Recep Tayyip Erdogan said on Wednesday that the offensive had expelled IS from the Syrian town of Jarabulus, and pro-Ankara rebels reported the jihadists had retreated south to the town of Al-Bab.


Thursday, August 25, 2016  09:55

Yahoo

World - Syrian rebels advance south of Jarablus in Turkey-backed operation


Syrian rebels who seized Jarablus from Islamic State in a Turkey-backed operation on Wednesday have advanced up to 10 km (6 miles) south of the border town, rebel sources and a group monitoring the war said on Thursday. The Syrian Observatory for Human Rights said Kurdish-backed forces opposed by Ankara had meanwhile gained up to 8 km (5 miles) of ground northwards, apparently seeking to pre-empt advances by the rebels. The Turkey-supported operation aims to clear Islamic State from the Syrian-Turkish frontier in an operation Ankara says is targeting both the jihadists and the Kurdish YPG militia, which is part of a U.S.-backed alliance also fighting Islamic State.


Thursday, August 25, 2016  09:27

Yahoo

World - Ten more Turkish tanks head across border into Syria


At least 10 more Turkish tanks on Thursday crossed the border into Syria a day after pro-Ankara Syrian opposition fighters ousted jihadists from the town of Jarabulus, an AFP photographer said. The tanks were set to join around a dozen others which had crossed the frontier on Monday in Operation Euphrates Shield, which Turkey says aims at ridding the border area of Islamic State (IS) extremists and also Kurdish militia. Turkish President Recep Tayyip Erdogan said on Wednesday that the offensive had expelled IS from the Syrian town of Jarabulus, and pro-Ankara rebels reported the jihadists had retreated south to Al-Bab.


Thursday, August 25, 2016  08:44

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