• Mandarin Oriental says credit card systems compromised in cyberattack

    Reuters - 34 minutes ago

    Hotel operator Mandarin Oriental International Ltd said on Thursday that it was the victim of a cyberattack and that it found malicious software on credit card systems at "an isolated number" of hotels in the United States and Europe. The company said in a statement on its website that it was working with credit card companies, law enforcement and forensic experts as it investigates the matter. More »Mandarin Oriental says credit card systems compromised in cyberattack

  • Brazil's elite in crosshairs as Petrobras scandal widens

    Reuters - 36 minutes ago

    By Anthony Boadle and Brian Winter BRASILIA/SAO PAULO (Reuters) - A corruption scandal at state-run oil company Petrobras has entered a volatile new phase that could lead to jail for some of Brazil's best-known politicians and business leaders while making a likely recession even worse. A prosecutor's motion on Tuesday to open investigations against 54 individuals, reportedly including the leaders of both chambers of Congress, means a swathe of Brazil's political elite now feels threatened. The real-world consequences were made clear right away, as the head of the Senate lashed out by cancelling a presidential decree critical to President Dilma Rousseff's plans to close a gaping hole in her government's budget. Financial markets plunged, with the real dipping below 3 per dollar for the first time in a decade, as investors feared political volatility could cause Brazil to lose its investment grade credit rating and worsen an economy already expected to post its biggest contraction in a quarter century in 2015. More »Brazil's elite in crosshairs as Petrobras scandal widens

  • Blast in Syria kills top al Qaeda commander - insurgent sources

    Reuters - 39 minutes ago

    BEIRUT (Reuters) - A blast targeting senior members of al Qaeda's official Syrian wing, the Nusra Front, killed the group's General Military Commander Abu Humam al-Shami on Thursday, two insurgent sources told Reuters. Al-Shami is one of the most senior Nusra Front figures to be killed since it formed in 2012 and has fought in Afghanistan, Iraq and Syria, the sources said. They said the explosion was caused by a U.S.-led coalition air strike that hit a high-level Nusra Front meeting in the northwestern province of Idlib. (Reporting by Mariam Karouny; editing by Ralph Boulton) More »Blast in Syria kills top al Qaeda commander - insurgent sources

  • Blast targets senior members of Syria's al Qaeda - jihadi sources

    Reuters - 55 minutes ago

    A blast targeted senior members of al Qaeda's official Syria wing, the Nusra Front, in the northwest province of Idlib on Thursday and the group's General Military Commander Abu Humam al-Shami is believed to be wounded, jihadi sources told Reuters. The sources said the explosion was caused by a U.S.-led coalition air strike that hit a high-level Nusra Front meeting in the town of Salqin, near the border with Turkey. The United States has carried out strikes against one of Nusra's jihadi rivals, Islamic State, in Iraq since July and in Syria since September. It has also targeted Nusra fighters in Syria. More »Blast targets senior members of Syria's al Qaeda - jihadi sources

  • AbbVie boosts cancer drug pipeline with $21 billion Pharmacyclics deal

    Reuters - 1 hour 4 minutes ago

    AbbVie Inc is to buy Pharmacyclics Inc for about $21 billion, giving it access to what is expected to be one of the world's top-selling cancer drugs and expanding its reach in the profitable oncology field. The deal -- the latest example of a big drugmaker swooping on a biotech firm to refill its medicine pipeline -- confounds expectations that Pharmacyclics would sell out to Johnson & Johnson . AbbVie will pay $261.25 per share in cash and stock, a 13 percent premium to Pharmacyclics stock's closing price on Wednesday. AbbVie failed last October to buy Dublin-based Shire Plc for $55 billion after the United States took steps to deter such tax-lowering deals. More »AbbVie boosts cancer drug pipeline with $21 billion Pharmacyclics deal

  • Libya factions hold peace talks in Morocco

    Reuters - 1 hour 57 minutes ago

    By Aziz El Yaakoubi SKHIRATE, Morocco (Reuters) - Libya's warring factions held United Nations-backed talks in Morocco on Thursday seeking to end the conflict between two rival governments that threatens to drive the North African oil state into civil war. Air strikes between rival forces had escalated before Thursday's negotiations on Libya, where Western governments worry spreading chaos allows Islamist militants to gain ground in a threat to mainland Europe across the Mediterranean. The internationally recognised government and elected House of Representatives have operated out of the east since an armed alliance known as Libya Dawn took over the capital in summer and set up its own self-declared government. More »Libya factions hold peace talks in Morocco

  • State Dept. will review Clinton emails for possible release

    Associated Press - 1 hour 57 minutes ago

    WASHINGTON (AP) — The State Department agreed Thursday to review thousands of messages from a private email account that former Secretary of State Hillary Rodham Clinton used for government business, but it cautioned that the process will move slowly and perhaps take months. More »State Dept. will review Clinton emails for possible release

  • Apple's rivals hope its Watch will boost their own wearable tech

    Reuters - 2 hours 12 minutes ago

    By Harro Ten Wolde BARCELONA (Reuters) - Apple's rivals want to benefit from its magic, hoping that its long awaited new smartwatch will finally conjure demand for wearable technology that has so far generated more buzz about its potential than actual sales. Gizmos that users wear on their bodies have yet to live up to the hype as the next big thing in technology. "If Apple is successful, it'll create a rising tide that will lift the whole market," said Ben Wood, a top gadget reviewer at technology market research firm CCS Insight. His company predicts Apple will sell 20 million of its new smart watches this year, helping spur 150 percent growth in the wearable technology sector to 75 million gadgets, rising to 350 million by 2018. More »Apple's rivals hope its Watch will boost their own wearable tech

  • Wall Street little changed after 2-day drop, data

    Reuters - 3 hours ago

    By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks were little changed on Thursday, in the wake of two days of declines on the S&P 500, as economic data did little to alter expectations on the timing of an interest rate hike by the Federal Reserve. Initial jobless claims rose to 320,000 in the latest week, above the 295,000 estimate and 313,000 in the prior week. More »Wall Street little changed after 2-day drop, data

  • Islamic State torches oil field near Tikrit as militia advance

    Reuters - 3 hours ago

    By Saif Hameed and Dominic Evans BAGHDAD (Reuters) - Islamic State militants have set fire to oil wells northeast of the city of Tikrit to obstruct an assault by Shi'ite militiamen and Iraqi soldiers trying to drive them from the Sunni Muslim city and surrounding towns, a witness said. The witness and a military source said Islamic State fighters ignited the fire at the Ajil oil field to shield themselves from attack by Iraqi military helicopters. The offensive is the biggest Iraqi forces have yet mounted against IS, which has declared an Islamic caliphate on captured territory in Iraq and Syria and spread fear across the region by slaughtering Arab and Western hostages and killing or kidnapping members of religious minorities like Yazidis and Christians. Black smoke could be seen rising from the oil field since Wednesday afternoon, said the witness, who accompanied Iraqi militia and soldiers as they advanced on Tikrit from the east. More »Islamic State torches oil field near Tikrit as militia advance

  • Review of Hillary Clinton emails to take months - U.S. official

    Reuters - 3 hours ago

    By Steve Holland and Lesley Wroughton WASHINGTON (Reuters) - A growing controversy over Democrat Hillary Clinton's use of personal email for work while she was U.S. secretary of State could drag on for months, threatening to cloud the expected launch of her 2016 presidential campaign. Clinton tried to cool the brewing firestorm over the emails late on Wednesday, saying she wanted the State Department to release them quickly. More »Review of Hillary Clinton emails to take months - U.S. official

  • El Nino finally here; but this 1 is weak, weird and late

    Associated Press - 4 hours ago

    WASHINGTON (AP) — A long anticipated El Nino has finally arrived. But for drought-struck California, it's too little, too late, meteorologists say. More »El Nino finally here; but this 1 is weak, weird and late

  • Wall St to open slightly higher after two-day fall

    Reuters - 5 hours ago

    By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks were set to open modestly higher on Thursday, in the wake of two days of declines on the S&P 500, after higher-than-expected initial jobless claims figures and ahead of a report on factory orders. Futures trimmed gains after data showed initial jobless claims rose to 320,000 in the latest week, above the 295,000 estimate and 313,000 in the prior week. "That’s a bit of an uptick because we’ve been pretty consistently in the upper 200,000 range," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois. More »Wall St to open slightly higher after two-day fall

  • India, Bangladesh, China most at risk from river floods - study

    Reuters - 6 hours ago

    By Alister Doyle OSLO (Reuters) - India, Bangladesh and China are most at risk from river floods, with an increasing number of people threatened because of climate change and economic growth in low-lying regions, a study said on Thursday. The U.S.-based World Resources Institute think-tank and four Dutch research groups estimated that some 21 million people worldwide were affected by river flooding in a typical year. "That number could increase to 54 million in 2030 due to climate change and socio-economic development," their report said. People living in 15 emerging nations, led by India, Bangladesh, China, Vietnam and Pakistan, accounted for almost 80 percent of all those affected by floods in an average year, it said. More »India, Bangladesh, China most at risk from river floods - study

  • Britain should turn to middle-aged mums to be spies of the future - report

    Reuters - 7 hours ago

    Britain's security agencies should look to recruit more middle-aged women and mothers to be new spies and should target websites popular with parents to find them, an influential committee of lawmakers said on Thursday. The Intelligence and Security Committee, which oversees the work of Britain's three spy agencies, said it was crucial there was more diversity if the security services were to be able to address the threats facing the country. "If all intelligence professionals are cut from the same cloth, sharing similar backgrounds and similar characteristics, then they are likely to share 'unacknowledged biases' which will circumscribe both the definition of problems and the search for solutions," said Hazel Blears, one of the committee members. Although two women have headed Britain's MI5 domestic spy agency, Blears said many of those in middle management at the security services had "a very traditional male mentality and outlook". More »Britain should turn to middle-aged mums to be spies of the future - report

  • WHO to begin large-scale testing of Ebola vaccine in Guinea

    Associated Press - 7 hours ago

    LONDON (AP) — The World Health Organization will start large-scale testing of an experimental Ebola vaccine in Guinea on Saturday to see how effective it might be in preventing future outbreaks of the deadly virus. More »WHO to begin large-scale testing of Ebola vaccine in Guinea

  • India asks YouTube to remove Delhi rape film

    Reuters - 7 hours ago

    India has asked YouTube to remove all links to a controversial documentary about the gang rape and murder of a woman in Delhi after banning its broadcast, a government official told Reuters on Thursday. Leslee Udwin's "India's Daughter" features an interview with Mukesh Singh, one of four men sentenced to death for the rape and torture of a 23-year-old woman on a moving bus in December 2012. "We just forwarded the court order and asked them (YouTube) to comply," an official at the Ministry of Communications and Information Technology told Reuters. It was still possible to view the documentary on websites such as YouTube after British broadcaster BBC aired it outside India on Wednesday. More »India asks YouTube to remove Delhi rape film

  • IPhone 6's popularity drives Apple's China share to record

    Associated Press - 9 hours ago

    SEOUL, South Korea (AP) — A consumer survey showed the popularity of the iPhone 6 has driven Apple's market share in China to its highest ever while Samsung has continued to lose ground. More »IPhone 6's popularity drives Apple's China share to record

  • China expects to issue taxi app regulations in H1 2015 - state media

    Reuters - 9 hours ago

    China's transport minister said on Thursday he hopes to have regulations issued on using mobile apps to book private cars within the first half of 2015, state media reported, amid doubts on the legal status in China of Uber and similar services. In January, China's Ministry of Transport banned taxi hailing apps such as Uber Technologies Inc and local rivals Kuaidi Dache and Didi Dache, who have since announced a merger, from using cars and drivers without taxi licences in a bid to regulate the rapidly growing sector. More »China expects to issue taxi app regulations in H1 2015 - state media

  • Alien abduction? Stolen by Russia? MH370 theories keep coming

    Reuters - 10 hours ago

    A year on from the disappearance of Malaysia Airlines Flight MH370, an extraordinary amount of key data remains unknown - fuelling conspiracy theories and heated online debate about one of aviation's biggest mysteries. More »Alien abduction? Stolen by Russia? MH370 theories keep coming

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