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UPDATE 1-Kremlin envoy calls Turkish military operation in Syria 'unacceptable'
  • US
  • 2019-10-15 11:53:19Z

The Kremlin's envoy for Syria on Tuesday called Turkey's military offensive in northeast Syria "unacceptable" and denied Ankara's operation had been cleared by Moscow in advance, Russian news agencies reported. Alexander Lavrentiev, Russian President Vladimir Putin's envoy

UPDATE 1-France holds firm against EU talks with Balkan hopefuls
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  • 2019-10-15 11:44:43Z

France stuck to its hard line against European Union membership talks for North Macedonia and Albania on Tuesday, setting up a showdown between French President Emmanuel Macron and fellow EU leaders later this week in Brussels. Europe ministers, making a third attempt since June 2018 to approve membership

UPDATE 2-Former Thomas Cook boss defends record after firm's collapse
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  • 2019-10-15 10:24:27Z

The former chief executive of bankrupt travel firm Thomas Cook said on Tuesday he understood public anger over his pay but defended his record, saying he had worked tirelessly to try to save the company. Thomas Cook, the world's oldest travel firm, collapsed last month after it failed to finalise

Russian investigators raid Kremlin critic Navalny's offices
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  • 2019-10-15 08:49:19Z

Russian police on Tuesday conducted nationwide raids on the offices of opposition politician Alexei Navalny's anti-corruption foundation, part of a criminal investigation that Kremlin critics say is designed to thwart his activities. Searches were conducted in relation to investigations taking place in 30 different regions, including in Moscow, into suspected money laundering, Russia's Investigative Committee, the state body that investigates major crimes, said. Investigators opened the money laundering case in August after Navalny called for people to demonstrate in central Moscow over the exclusion of opposition candidates from a local election that took place last month.

UPDATE 1-China says it has already bought 700,000 tonnes of pork, sorghum from U.S. in 2019
  • US
  • 2019-10-15 08:48:41Z

Chinese firms have already purchased 700,000 tonnes of pork and 700,000 tonnes of sorghum from the United States this year to meet market demand, said a foreign ministry spokesman on Tuesday. China, the world's top agriculture market, has also bought 320,000 tonnes of cotton, 230,000 tonnes of wheat and 20 million tonnes of soybeans from the U.S., spokesman Geng Shuang said at a daily press briefing. The comments came amid heightened attention on China's purchases of U.S. farm goods, one of President Donald Trump's key demands to resolve a months-long trade war between the two nations.

UPDATE 1-British mid-caps rise on hopes of Brexit deal this week
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  • 2019-10-15 08:37:54Z

Britain's domestically focussed mid-cap index advanced on Tuesday amid hopes that a Brexit deal could be clinched this week, though gains were capped by steep falls in the shares of a slew of companies as the latest earnings season kicked off. The FTSE 250, which had surged more than 4% last Friday after positive Brexit signals from Ireland, added 0.3% by 0800 GMT. JP Morgan's UK domestic plays index, which tracks about 30 UK stocks that make all or most of their revenue at home, rose 1%.

Malaysians robbed of justice by jail death of British paedophile Huckle -child group
  • US
  • 2019-10-15 08:32:34Z

The death of jailed British child sex offender Richard Huckle has prompted mixed emotions in parts of the Malaysian capital where he had lived, with some people expressing disappointment that his time in prison was cut short. Huckle, 33, was reportedly stabbed to death in jail on Sunday, three years after he was jailed for life for sexually abusing scores of children in Cambodia and Malaysia. Dubbed the country's worst paedophile by Britain's media, Huckle posed as a photographer, English teacher and philantropist to win the trust of families in poor communities across Southeast Asia.

Giuliani got $500,000 from indicted associate's firm Fraud Guarantee, insists it was all 'domestic' money
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  • 2019-10-15 08:22:27Z

After federal investigators arrested Lev Parnas and Igor Fruman last week as they boarded one-way flights to Vienna, their close associate Rudy Giuliani wasn't sure he'd been paid "hundreds of thousands of dollars" by Parnas' fraud-mitigation firm, Fraud Guarantee, as Parnas reportedly attested. On Monday, Giuliani was sure, telling Reuters that Fraud Guarantee paid him half a million dollars for legal and technical consulting work last year.In their indictment of Parnas and Fruman, federal prosecutors say an unidentified Russian businessman arranged for two payments of $500,000 to be wired from foreign bank accounts to a U.S. account controlled by Fruman in September and...

Bulgarian PM urges soccer chief to resign amid racism furore
  • US
  • 2019-10-15 08:18:17Z

Bulgarian Prime Minister Boyko Borissov has called on the president of the country's football union (BFU) to resign following racist abuse that marred the Euro 2020 qualifier between Bulgaria and England on Monday, the sports minister said. "The prime minister called me urgently a short time ago, Krasen Kralev said on Tuesday. "You know that the government has done a lot for the development of Bulgarian football in the last four years.

REFILE-UPDATE 1-Don't be misled by Brexit jobs trickle - London finance chief
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  • 2019-10-15 08:11:57Z

Britain's vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London's policy chief told Reuters, warning people not to be duped by the low number of job moves to the continent so far. The City of London, home to global foreign exchange, bonds and fund management operations and to more banks than any other financial centre, faces upheaval as firms decide whether to shift jobs to continental Europe to keep serving customers there after Britain is scheduled to leave the EU in two weeks. Catherine McGuinness, the political leader of the financial district's municipal body, warned that the country's biggest export sector and...

Irish PM's popularity surges as Brexit takes centre stage - poll
  • US
  • 2019-10-15 08:08:58Z

Irish Prime Minister Leo Varadkar's approval rating has jumped sharply as voters back his government's approach on Brexit ahead of a parliamentary election he wants to hold in May, a poll showed on Tuesday. The centre-right party chose Varadkar as leader in 2016 based on his personal appeal and hope a Brexit deal, which would leave Irish businesses less exposed to turmoil than a disorderly exit, could boost his credentials at the election.

UPDATE 1-European shares hit two-week high on Brexit deal hopes
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  • 2019-10-15 08:07:39Z

European stocks climbed to two-week highs on Tuesday, as investors cheered comments from the European Union's chief Brexit negotiator that a deal with Britain over the terms of their divorce was still possible this week. The pan-European STOXX 600 index rose 0.5% in early deals with London- and Dublin-listed stocks leading gains and all but one of the 21 European industry subsectors rising. Retail company shares rose 1.2% to their highest level since May, while travel and leisure gained 1.1% to hit a one-year high.

Enough support from UK lawmakers to pass Brexit deal- parliament leader
  • US
  • 2019-10-15 08:07:06Z

There is enough support among British lawmakers to pass a Brexit deal, the leader of the lower house of parliament Jacob Rees-Mogg said on Tuesday as talks continue in Brussels to thrash out a divorce agreement with the European Union. "There is just a mood in the country and politicians have to be to some extent sensitive to the national mood that we want to get on with this," he said.

FOREX-Euro up on Brexit deal hopes, trade caution caps dollar
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  • 2019-10-15 08:03:27Z

The euro gained on Tuesday, helped by more positive noises about a Brexit deal and as fading optimism over U.S.-China trade talks kept the dollar range-bound. The European Union's chief Brexit negotiator, Michel Barnier, said a deal with Britain to cover its departure from the EU was still possible this week. A no-deal Brexit would damage the euro zone as well as Britain, most economists say.

Don't be mislead by Brexit jobs trickle - London finance chief
  • US
  • 2019-10-15 08:00:53Z

Britain's vast financial services industry will lose more jobs to Europe over the coming years because of Brexit, the City of London's policy chief told Reuters, warning people not to be duped by the low number of job moves to the continent so far. The City of London, home to global foreign exchange, bonds and fund management operations and to more banks than any other financial centre, faces upheaval as firms decide whether to shift jobs to continental Europe to keep serving customers there after Britain is scheduled to leave the EU in two weeks.

UPDATE 1-Climate change activists protest against British high-speed train line
  • US
  • 2019-10-15 08:00:10Z

Climate change activists, including one of the founders of Extinction Rebellion, targeted Britain's transport ministry in central London on Tuesday to protest against a proposed high-speed rail project known as HS2. Gail Bradbrook, one of the founders of the group, climbed onto the top of the entrance of the transport ministry and put up a sign reading "HS2 is our climate emergency" above the revolving doors. Bradbrook, invoking the example women's suffrage activist Emmeline Pankhurst, then tried to smash one of the ministry's windows with a hammer and screwdriver.

UPDATE 2-UK consumers not yet stockpiling for Brexit - Kantar
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  • 2019-10-15 07:39:45Z

* Brexit concerns have not translated into purchasing * Quarter of UK consumers considering stockpiling * UK grocery sales up 1.3% in 12 weeks to Oct. 6 * Sainsbury's only one of big four to see growth * Aldi and Lidl's combined market share now 14.1% (Adds detail) LONDON, Oct 15 (Reuters) - British consumers have not yet stockpiled groceries ahead of Brexit though they are considering doing so, market researcher Kantar said on Tuesday. It said a quarter of UK shoppers say they are thinking about stockpiling, but they seem to be waiting to see how the coming weeks play out.

Indonesia shuts some schools as haze again clouds the skies
  • US
  • 2019-10-15 07:37:50Z

Indonesia warned its citizens of more choking smoke from forest fires on Tuesday as several provinces closed schools due to worsening air quality. The number of hot spots in parts of Sumatra and Borneo islands has been on the rise over the past week despite some rain, Indonesia's weather agency said in a statement, warning that residents should be on alert for smog. A total of 1,547 hot spots, which indicate fires or heightened risk of fire, were detected in six provinces, the agency said, adding that smoke from the blazes may affect more provinces depending on the wind direction.

Poland's PiS mulls personnel changes to energy brief in new government
  • US
  • 2019-10-15 07:35:41Z

Poland's ruling Law and Justice (PiS) party is considering some changes in the government after it won a weekend parliamentary election, including in the field of energy policy, Jacek Sasin, a PiS member and Deputy Prime Minister said on Tuesday. PiS narrowly won a second term in power, final results from Sunday's vote showed, but its drive to push through its conservative agenda may be hampered by a loss of the upper house. Mateusz Morawiecki would continue as Poland's prime minister, Sasin said, adding there could be soon minor changes among officials responsible for energy matters, without giving further details.

Brexit talks continue with routine exchange of texts - British source
  • US
  • 2019-10-15 07:30:39Z

Brexit talks between the United Kingdom and the European Union continued until late on Monday and will begin again on Tuesday morning but that is routine and nothing to get excited about, a British source close to the negotiations said. RTE earlier reported that the United Kingdom will make fresh Brexit proposals on Tuesday in an attempt to break the Brexit deadlock.

China stocks snap 5-day rally on downbeat data
  • US
  • 2019-10-15 07:28:09Z

China stocks fell on Tuesday, snapping a five-day winning streak, as the latest factory gate data added to the country's economic woes and a deal to end the trade war with the United States remained elusive. ** China's factory gate prices declined at the fastest pace in more than three years in September, reinforcing the case for Beijing to unveil further stimulus as manufacturing cools on weak demand and U.S. trade pressures. ** That came after data showed a slide in China's exports picked up pace in September, while imports contracted for a fifth straight month.

Papua New Guinea police seek to arrest ex-prime minister O'Neill
  • US
  • 2019-10-15 07:20:25Z

Papua New Guinea police have issued an arrest warrant for former prime minister Peter O'Neill on suspicion of "official corruption" but he was declining to cooperate with police handling the case, the acting police commissioner said. The warrant, issued last Friday, stemmed from an investigation, however police gave no details of what O'Neill was wanted for, citing the sensitivity of investigations. "The warrant was obtained upon the weight of the evidence brought forward by the investigators," Acting Commissioner of Police David Manning said in a statement on Tuesday.

France: willing to consider a Brexit extension, but time alone won't resolve issues
  • US
  • 2019-10-15 07:16:23Z

France is prepared to discuss an extension of the Oct. 31 deadline for Britain's departure from the European Union but more time will not itself resolve the issues, Secretary of State for European Affairs Amelie de Montchalin said on Tuesday. "A significant political change is the prospect of an election, a referendum, something that changes the political dynamic so that the triangle between the government, parliament and the British people could align with each other a bit more.

Hong Kong retail rents fall sharply in Q3 - consultancy
  • US
  • 2019-10-15 07:16:17Z

Retail rents in Hong Kong, among the most expensive in the world, fell sharply in the third quarter, property consultancy CBRE said on Tuesday, following anti-government protests that have pushed shop sales to a record low. High street retail rents fell by 10.5% in the July-Sept quarter compared to the previous quarter, CBRE said, the sharpest quarterly decline since the first quarter of 1998 at the time of the Asian financial crisis. The Hong Kong protests began in May, in opposition to a bill allowing extradition to mainland China, but have since evolved into broader calls for democracy in the former British colony, with activists throwing petrol bombs, setting street fires and...

AP analysis: Wide gaps in legal protection of LGBT workers
AP analysis: Wide gaps in legal protection of LGBT workers
  • US
  • 2019-10-15 07:14:07Z

Rumors started circulating around the fire station in Byron, Georgia, within a year after the medical treatments began. The fire chief's once-crewcut hair was growing longer, and other physical changes were becoming noticeable. The chief said that once members of the tiny Fire Department were told, word spread "faster than a nuclear explosion" through Byron - a city of about 4,500 in a farming region outside Macon known for growing Georgia's famous peaches.

Euro zone bond yields inch up, Brexit in focus
  • US
  • 2019-10-15 07:13:17Z

Euro zone bond yields inched up on Tuesday, pushed higher by upbeat comments from the European Union's chief negotiator in Brexit talks. Reaching an agreement on the terms of Britain's departure from the EU is still possible this week, even if it is more and more difficult, the EU negotiator, Michel Barnier, said.

UPDATE 2-Brexit deal "more and more difficult" this week, EU summit to mull delay
  • US
  • 2019-10-15 07:07:08Z

The European Union's chief Brexit negotiator said on Tuesday that reaching a deal on Britain's departure from the bloc before the scheduled date of Oct. 31 had become "more and more difficult", and Finland's EU minister said leaders would discuss another delay. The main sticking point is customs and security arrangements for the border between EU member Ireland and the British province of Northern Ireland - the only land frontier between the EU and the United Kingdom after Brexit.

Climate change activists protest against British high-speed train line
  • US
  • 2019-10-15 07:02:56Z

Climate change activists, including one of the founders of Extinction Rebellion, targeted Britain's transport ministry in central London on Tuesday to protest against a proposed high-speed rail project known as HS2. Gail Bradbrook, one of the founders of the group, climbed onto the top of the entrance of the transport ministry and put up a sign reading "HS2 is our climate emergency" above the revolving doors.

Hyundai Motor Group to invest $35 billion in future automotive tech
  • US
  • 2019-10-15 07:00:08Z

Hyundai Motor Group said on Tuesday that it plans to invest 41 trillion won ($34.65 billion) in mobility technology and strategic investments by 2025, as South Korea's top automaker accelerates its attempts to catch up in the self-driving car race. The plan, which Hyundai said encompassed autonomous, connected and electric vehicles, comes after the company and two of its affiliates announced an investment of $1.6 billion in a joint venture with U.S. self-driving tech firm Aptiv. Hyundai's plan also received a boost from the South Korean government, which said on Tuesday that it plans to spend 1.7 trillion won from 2021-27 to boost autonomous vehicle technology.

RPT-EXCLUSIVE-Deutsche Bank took years to flag suspect Danske money flows - source
  • US
  • 2019-10-15 07:00:00Z

FRANKFURT/TALLINN, Oct 15 (Reuters) - Deutsche Bank did not disclose more than one million suspect money transfers with Danske Bank until February, a person with direct knowledge of the matter said, about five years after a whistleblower flagged suspicious transactions at Danske. Deutsche sent alerts about the suspect money flows involving the Danish bank to Germany's money laundering data authority and state prosecutors, the person said, prompting investigators to seek more information from Deutsche. Prosecutors are now investigating whether staff or management at Deutsche sanctioned the transactions, and whether they subsequently tried to cover them up, the person said, speaking on...

Brexit deal still possible this week, but more and more difficult - Branier
  • US
  • 2019-10-15 06:28:58Z

Reaching a divorce deal between Britain and the European Union is still possible this week, even if it more and more difficult, the EU's chief negotiator Michel Barnier said on Tuesday. Let me add also that it is high time to turn good intentions in a legal text," he said.

Australia bars entry to Vietnamese woman for failing to declare raw pork
  • US
  • 2019-10-15 06:27:44Z

Australia has refused entry to a Vietnamese woman for failing to declare 10 kg (22 lb) of raw pork, seafood and poultry on arrival in Sydney, its first expulsion under a more strict biosecurity law, authorities said on Tuesday. Already known for its tough biosecurity regulations, Australia has increased its vigilance to prevent the devastating African Swine Fever (ASF) from hitting its A$5.4-billion ($3.65-billion) pork industry. The woman, 45, was stopped on Saturday after she flew into Sydney with 4.6 kg of pork and smaller amounts of quail, squid, pate, raw eggs and garlic in her luggage, authorities said in a statement.

Hydraulic issue leads Southwest to evacuate plane in Chicago
  • US
  • 2019-10-15 06:27:20Z

Southwest Airlines has evacuated a flight over a hydraulic issue that cropped up after landing at Chicago's Midway International Airport. Southwest tells reporters that the Monday flight from Austin, Texas, had an issue with a redundant system that powers the main landing gear. Online flight records say the flight arrived about 35 minutes late, landing at about 9 a.m. and spending about 45 minutes on the runway before arriving at a gate.

Embattled drugmaker Indivior raises forecasts on Suboxone strength
  • US
  • 2019-10-15 06:23:18Z

On Tuesday, Indivior said it intends to cease production of its authorized Suboxone generic to cut losses from a change in rebating policy in the United States and instead focus on its newer injectable treatment, Sublocade.

German security services want more powers to fight extremism
German security services want more powers to fight extremism
  • US
  • 2019-10-15 06:21:40Z

Germany's security services said Tuesday they're seeking greater powers to fight the kind of far-right extremism behind last week's synagogue attack, including requiring internet companies to report illegal hate speech to police. In response to the attack and previous incidents, German officials have called for more officers to be devoted to tackling far-right extremism and a greater focus on online platforms they say are increasingly being used as a means of spreading far-right radicalism and linking up with like-minded people in a way already seen with Islamist extremism. Thomas Haldenwang, who heads the BfV domestic intelligence agency, said the attack in Halle and similar shootings...

Volkswagen postpones final decision on Turkey plant: spokesman
Volkswagen postpones final decision on Turkey plant: spokesman
  • US
  • 2019-10-15 06:10:38Z

Volkswagen has postponed the final decision whether to build a car plant in Turkey, a company spokesman said, amid international criticism of the country's military operation in Syria and concerns about potential reputational fallout. "We are carefully monitoring the current situation and look with concern at current developments," a company spokesman said on Tuesday. Earlier this month, Volkswagen established a subsidiary in Turkey's western Manisa province, while the company said that it was still in the final stages of negotiation and that it had not made a final decision on the factory.

British police order a halt to climate change protests in London
  • US
  • 2019-10-15 06:10:18Z

British police have ordered a halt to Extinction Rebellion protests in London after a week of civil disobedience by climate change activists who have targeted government building and major financial institutions. "Any assembly linked to the Extinction Rebellion 'Autumn Uprising'... must now cease their protest(s) within London," the police said in a statement late on Monday.

UPDATE 1-WeWork prefers JPMorgan's financing package over SoftBank's control- Bloomberg
  • US
  • 2019-10-15 06:10:12Z

Shared office space company WeWork Companies Inc is leaning toward a near $5 billion financing package led by JPMorgan Chase & Co, instead of selling a controlling stake to Japan's SoftBank Group Corp, Bloomberg reported late on Monday. The debt package may include at least $2 billion of unsecured notes with a 15% coupon, Bloomberg reported.

A question of trust: British pollsters battle to call looming election
  • US
  • 2019-10-15 06:00:59Z

British pollsters have a big problem to solve as the country heads towards an election: Brexit has scrambled traditional political allegiances and they say it is harder than ever to know whether voters are telling them the truth. Polling companies, many of whom underestimated support for Brexit in the 2016 referendum and miscalled an election the previous year, are changing who they ask and how, and trying new ways to get to know voters better than they know themselves.

Poll showing fall in support dims election outlook for New Zealand's Ardern
  • US
  • 2019-10-15 06:00:15Z

New Zealand Prime Minister Jacinda Ardern is pleased with her government's progress, she said on Tuesday, after two closely watched opinion polls showed support for her ruling coalition at its lowest since 2017, and her own popularity waning. Ardern, 39, faces a general election expected in the second half of 2020, after having taken the helm of the Labour-led government in October 2017 and won praise for her views on issues such as women's rights, climate change and diversity. Support for the centre-left coalition government has dropped to its worst since 2017, while the opposition National Party has enough backing to form the next coalition government, a 1News/Colmar Brunton poll by...

ANALYSIS-London retains global finance throne amid Brexit chaos
  • US
  • 2019-10-15 06:00:00Z

From the pinnacle of the City of London's largest skyscraper, Stuart Lipton is wagering a $1.2 billion bet that the British capital remains a master of the international financial universe no matter what happens with Brexit. Bankrolled by a host of global investors, including France's Axa, his big-ticket gamble in London's financial district is - so far - on the money. The cataclysmic warnings during the 2016 referendum that London would lose its financial throne if it voted to leave the European Union (EU) have, so far, been proven wrong.

European Union aims to resume free trade talks with Thailand
  • US
  • 2019-10-15 05:40:50Z

The European Union aims to resume negotiations with Thailand on a free trade agreement (FTA), the Council of the European Union said in a statement, after suspending trade talks following a 2014 military coup. Thailand held general elections in March and a pro-army coalition of parties has formed a

GLOBAL MARKETS-Stocks, pound rise on cautious Brexit deal hopes
  • US
  • 2019-10-15 05:32:52Z

Asian stocks and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union at key negotiations this week. The pound rose against the dollar and the euro, reflecting the cautious optimism about talks between Britain and the EU. Capping broader gains in equities, however, was a perceived lack of progress coming out of U.S.-China trade negotiations.

UPDATE 1-Mozambique votes in tense, high-stakes election
  • US
  • 2019-10-15 05:29:47Z

Mozambicans voted on Tuesday in an election widely expected to result in the ruling Frelimo party extending its decades-long rule over a country that is set to become one of the world's main gas exporters. The election in the southern African nation could test a fragile peace deal signed two months ago between Frelimo and rival Renamo, a former civil war foe that has emerged as the main opposition party. A corruption scandal over government borrowing has hit the economy and damaged President Filipe Nyusi's popularity, but the strength of some voters' loyalty to Frelimo is one factor that could help the party win the presidential, legislative and provincial polls.

Mozambique goes to the polls in vote that tests peace deal
  • US
  • 2019-10-15 05:18:52Z

Polls opened across Mozambique on Tuesday, with 13 million voters registered to cast ballots in presidential, parliamentary, and provincial elections seen as key to consolidating peace in the southern African nation. A ceasefire was signed in August between the government and the opposition Renamo rebels after years of skirmishes following a civil war, and acceptance of the election results is a key test of the agreement. The ruling Frelimo party, which has governed since Mozambique's independence from Portugal in 1975, is expected to be returned to power and President Felipe Nyusi, who voted as polls opened, is expected to win a second term in a vote where insecurity and political...

Hong Kong leader's policy speech to focus on housing in bid to regain support
  • US
  • 2019-10-15 05:13:20Z

Hong Kong's embattled leader Carrie Lam will focus on land and housing initiatives in her annual Policy Address on Wednesday, seeking to restore confidence in the city's future amid four months of sometimes violent anti-government protests. Beijing-backed Lam, Hong Kong's most unpopular post-colonial leader, is under immense pressure to regain trust and quell unrest that has plunged the Asian financial centre into its biggest political crisis in decades. Protests over a now-withdrawn extradition bill that would have allowed people to be sent to mainland China for trial in courts controlled by the Communist Party have evolved into calls for greater democracy and revived grievances over...

UPDATE 1-Japanese storm shelter faces outrage after turning away two homeless
  • US
  • 2019-10-15 05:07:38Z

A Japanese evacuation centre turned away two homeless people as a deadly typhoon approached on the weekend, prompting widespread criticism and a promise from the prime minister on Tuesday that it would not happen again. Staff at the evacuation centre at a school in Tokyo's Taito ward refused to let the two in on Saturday because they did not have addresses in the area, a ward official said. "The wind was strong and it was raining, and I wanted them to let me in," a 64-year-old man homeless man told the Asahi newspaper.

Groups bidding for PES refinery due to tour fire-damaged site: sources
Groups bidding for PES refinery due to tour fire-damaged site: sources
  • US
  • 2019-10-15 05:03:20Z

Groups vying for the idled Philadelphia Energy Solutions oil refinery have entered the second phase of the bidding process and are gearing up for visits to the plant, according to three sources familiar with the matter. The effort began after PES closed its refinery and filed for bankruptcy on July 21, following a colossal blaze at one of its most dangerous fuel-producing units. Whoever wins the auction to purchase the 1,300-acre site will hold the keys to reopen the largest and oldest East Coast oil refinery or repurpose all or part of it for another use.

INTERVIEW-Jailed Catalan separatist leader says new referendum unavoidable
  • US
  • 2019-10-15 05:00:00Z

The Catalan separatist leader hit by the heaviest jail sentence by Spain's Supreme Court for his role in the region's failed secession bid told Reuters a new referendum on independence was unavoidable. Oriol Junqueras, the Catalan regional government's former deputy leader, said in emailed answers to questions that the prison sentences imposed on him and eight others on charges of sedition only made them and their movement stronger and more determined. The court on Monday slapped the longest prison term, 13 years, on Junqueras.

Fix economic growth, Canada's frustrated businesses urge ahead of vote
  • US
  • 2019-10-15 05:00:00Z

OTTAWA/TORONTO, Oct 15 (Reuters) - Canada's political leaders should address the underlying problems limiting long-term economic growth and not just campaign on pocketbook issues ahead of the federal election this month, business leaders, economists and foreign investors say. Canada's sustainable pace of economic growth, estimated by the Bank of Canada at 1.8%, is not much faster than the rate at which its population is increasing, meaning many Canadians are no better off financially. "None of the four parties as far as I've observed have talked at all about that side of life, how you generate actual growth, how you generate wealth, how you generate income," David Dodge, senior adviser...

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