Wednesday 2 December 2015

Deal done for release of Lebanese held by Al Qaeda

A deal was completed on Tuesday to free 16 Lebanese security personnel held captive by the Al Qaeda-linked Nusra Front since 2014, Hezbollah's Al-Manar TV reported, as other live footage suggested their release was imminent. The deal negotiated with Qatari mediation is expect


Chinese investors pay $400m for Manchester City stake

Chinese investors are paying $400 million for a stake in the group that owns soccer clubs including England's Manchester City and New York City FC, the country's most significant overseas investment in the game. The consortium is led by China Media Capital (CMC) Holdings


Asian shares firm as focus turns to China PMI

Asian shares were solidly higher on Tuesday, shrugging off one Chinese factory survey that did little to ease persistent concerns about cooling growth in the economy, while a private survey showed a hint of stabilisation. MSCI's broadest index of Asia-Pacific shares outside J


At Nato, Turkey PM defiant over downing of Russian jet

Turkey's premier dismissed on Monday any suggestion that Ankara should apologise for shooting down a Russian warplane in its airspace last week, after winning strong Nato support for the right to defend itself. "No country should ask us to apologise," Prime Minister


Hours after EU deal, Turkey rounds up 1,300 migrants

Turkish authorities rounded up some 1,300 migrants on Monday that they said were planning to sail to Greece from hideouts near secluded Aegean beaches and forests, hours after striking a deal with the European Union on stemming refugee flows. Turkish gendarmes apprehended hundred


Asia shares fall on China caution, yuan surges

Asian shares fell on Monday as Chinese stocks extended last week's sharp losses, while the yuan bounced in volatile trade hours ahead of an IMF decision on whether to promote it to a basket of global reserve currencies. MSCI's broadest index of Asia-Pacific shares outside


Clinton to unveil $275bn plan to create jobs

US Democratic presidential candidate Hillary Clinton plans to make job creation the focus of her campaign over the next month, beginning with a $275 billion infrastructure spending plan that will be released this week. Clinton's plan to increase the federal government's s


France, India to launch global solar alliance

French President Francois Hollande and India's Prime Minister Narendra Modi will on Monday launch an international solar alliance aimed at eventually bringing clean and affordable solar energy within the reach of all. The launch will coincide with a summit of world leaders at


Europe and Turkey seal migrant deal

Turkey promised to help stem the flow of migrants to Europe in return for cash, visas and renewed talks on joining the EU in a deal struck on Sunday that the Turkish prime minister called a "new beginning" for the uneasy neighbours. Leaders of the European Union met Tur


Putin signs economic sanctions against Turkey

President Vladimir Putin signed a decree imposing a raft of punitive economic sanctions against Turkey on Saturday, underlining the depth of the Kremlin's anger towards Ankara four days after Turkey shot down a Russian warplane. The decree, which entered into force immediatel

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