‘Flawless’ Thai army ruler would be good PM: junta colleague

‘Flawless’ Thai army ruler would be good PM: junta colleague

By Panarat Thepgumpanat and Kaweewit Kaewjinda BANGKOK (Reuters) – Thai General Prayuth Chan-ocha has run the country flawlessly since he seized power in a military coup in May and would make a good prime minister under a provisional administration to be set up shortly, a junta colleague said on Wednesday. The military said it intervened [...]

Oil smuggling finances Islamic State’s new caliphate

Oil smuggling finances Islamic State’s new caliphate

By Ahmed Rasheed BAGHDAD (Reuters) – Islamic State militants seized four small oilfields when they swept through north Iraq last month and are now selling crude oil and gasoline from them to finance their newly declared "caliphate".     Near the northern city of Mosul, the Islamic State has taken over the Najma and Qayara fields, [...]

Microsoft sees end to Nokia losses, shares rise after hours

Microsoft sees end to Nokia losses, shares rise after hours

By Bill Rigby SEATTLE (Reuters) – Microsoft Corp said it aims to get its loss-making Nokia phone unit to break even within two years, helping its stock rise in after-hours trade. The world’s largest software company reported a 7 percent dip in quarterly profit on Tuesday, chiefly due to incorporating the struggling handset business of [...]

China probes 581 firms, restaurants as food safety scare spreads

China probes 581 firms, restaurants as food safety scare spreads

SHANGHAI (Reuters) – China’s food regulator has visited close to 600 restaurants, businesses and food distributors as it investigates a fast-spreading food safety scare that has dragged in a number of global brands and hit food outlets as far away as Japan. Shanghai police detained five people on Wednesday, including the head and the quality [...]

Obama government looks to satisfy religious groups on Obamacare

Obama government looks to satisfy religious groups on Obamacare

WASHINGTON (Reuters) – The Obama administration is developing a method for religious organizations opposed to contraception coverage under the Affordable Care Act to opt out of providing the coverage in their health plans without filling out a form. That is the gist of a brief filed on Tuesday in the U.S. Court of Appeals by [...]

Indonesian president-elect Jokowi calls for unity after bitter election

Indonesian president-elect Jokowi calls for unity after bitter election

By Jonathan Thatcher and Kanupriya Kapoor JAKARTA (Reuters) – Joko "Jokowi" Widodo was declared the winner of Indonesia’s presidential election on Tuesday, bringing the promise of major reforms to the world’s third largest democracy. The Elections Commission, known as KPU, said the Jakarta governor had won by just over six percentage points, with 53.15 percent [...]

Gaza bloodshed deepens as airlines shun Israel

Gaza bloodshed deepens as airlines shun Israel

By Nidal al-Mughrabi and Crispian Balmer GAZA/JERUSALEM (Reuters) – Gaza fighting raged on Wednesday, displacing thousands more Palestinians in the battered territory as U.S. Secretary of State John Kerry said efforts to secure a truce between Israel and Hamas had made some progress. In a blow to Israel’s economy and image, American aviation authorities extended [...]

Apple revenue lags Street’s view despite strong China growth

Apple revenue lags Street’s view despite strong China growth

By Christina Farr and Edwin Chan SAN FRANCISCO (Reuters) – Apple Inc posted a smaller-than-expected 6 percent rise in quarterly revenue on Tuesday, but revenue surged 28 percent in greater China despite stiff competition in its third-largest market. It sold 35.2 million iPhones in the June quarter, a rise of about 13 percent that was [...]

EU readies possible capital, tech sanctions on Russia

EU readies possible capital, tech sanctions on Russia

By Justyna Pawlak and Adrian Croft BRUSSELS (Reuters) – The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days. Efforts to forge a united front were hampered by a French [...]

Google must face U.S. privacy lawsuit over commingled user data

Google must face U.S. privacy lawsuit over commingled user data

By Jonathan Stempel (Reuters) – A federal judge rejected Google Inc’s bid to dismiss a privacy lawsuit claiming it commingled user data across different products and disclosed that data to advertisers without permission. Saying his decision was a close call, U.S. District Judge Paul Grewal in San Jose, California, ruled on Monday night that Google [...]