Month: March 2018

LONDON (Reuters) – British security services on Thursday reduced the threat level from Northern Irish-related militants to mainland Britain, saying an attack was now considered unlikely. The domestic security agency MI5 downgraded its threat level from substantial to moderate, the second-lowest, which means an attack was possible but not likely. “The decision to change this
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LONDON (Reuters) – British house prices fell unexpectedly for the first time in six months during February, reflecting a subdued consumer economy, mortgage lender Nationwide said on Thursday. House prices fell 0.3 percent month-on-month after a 0.8 percent rise in January, Nationwide said. The consensus of economists polled by Reuters had pointed to an increase
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ZURICH (Reuters) – The airport in the Swiss city of Geneva closed on Thursday due to bitterly cold weather that has hit many parts of Europe this week with snow and icy winds, causing travel chaos. “Because of the prevailing weather conditions, Genève Aéroport is currently closed to air traffic until further notice,” the airport
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NEW DELHI (Reuters) – A bankrupt U.S. firm of Indian jeweler Nirav Modi, who is accused of being involved in a $2 billion bank fraud in his home country, has received strong early expressions of interest from buyers, according to court filings. Firestar Diamond Inc filed for bankruptcy protection on Feb. 26 in the United
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DENVER (Reuters) – U.S. Olympic Committee Chief Executive Scott Blackmun is resigning for medical reasons, the organization said on Wednesday, following months of sustained criticism stemming from the sex abuse scandal involving former USA Gymnastics doctor Larry Nassar. The USOC cited in a statement Blackmun’s “ongoing health issues” related to prostate cancer, for which he
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WASHINGTON (Reuters) – The U.S. Senate on Wednesday passed a bill promoting closer U.S. ties with Taiwan, which China has warned could threaten stability in the Taiwan Strait, but drew praise from the self-ruled island which pledged to deepen cooperation. Beijing considers democratic Taiwan to be a wayward province and integral part of “one China”,
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SEOUL (Reuters) – South Korean President Moon Jae-in described Japan’s wartime use of “comfort women” as “crimes against humanity” on Thursday in some of his strongest comments yet, sparking an immediate protest from his key ally in containing North Korea. Moon said during a speech marking a national holiday commemorating Korean resistance to Japanese occupation
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WASHINGTON/NEW YORK (Reuters) – Walmart Inc (WMT.N), the largest U.S. retailer, joined Dick’s Sporting Goods Inc (DKS.N) in raising the minimum age to purchase firearms to 21 after the massacre at a Florida high school that has reopened a fierce debate over gun control in America. Walmart said that “in light of recent events” it
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LONDON (Reuters) – Britain must maintain free trade and European Union regulatory alignment for the automotive industry as Brexit offers no upside for the sector, a committee of MPs said. As one of Britain’s few manufacturing success stories since the 1980s, the car industry employs more than 800,000 people and generates turnover of 77.5 billion
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WASHINGTON (Reuters) – Green energy technology development projects suffered staffing and investment problems last year due to a Trump administration review of Energy Department funding for companies and universities, a federal government report said on Wednesday. The Department of Energy implemented a program to review and approve aid on a rolling basis including funds from
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