Protesters in Hong Kong to vote on government proposals

Protesters in Hong Kong to vote on government proposals

By Diana Chan and Donny Kwok HONG KONG (Reuters) – Hong Kong protesters plan to hold a straw poll on government proposals they rejected earlier in the week as their street campaign pushing for democracy for the Chinese-controlled city entered its fifth week on Friday. With crowds likely to swell at the weekend, student leaders [...]

Pfizer’s $11 billion buyback plan deflates AstraZeneca bid hopes

Pfizer’s $11 billion buyback plan deflates AstraZeneca bid hopes

LONDON/NEW YORK (Reuters) – U.S. drugmaker Pfizer is to continue buying back stock, with the board authorizing a new $11 billion share repurchase plan, deflating expectations that it will make a new bid for AstraZeneca. Shares in AstraZeneca fell 1.2 percent by 0800 GMT on Friday following the news. The largest American pharmaceuticals company, whose [...]

Specter of no-inflation world looms over Fed’s return to normal

Specter of no-inflation world looms over Fed’s return to normal

By Howard Schneider WASHINGTON (Reuters) – After months of focus on slack in U.S. labor markets, the Federal Reserve faces a new challenge: the possibility that weak inflation may be so firmly entrenched it upends the return to normal monetary policy. The soft global inflation backdrop, from sliding oil prices to stagnant wages in advanced [...]

Hong Kong protesters set for the long haul at self-sustaining village

Hong Kong protesters set for the long haul at self-sustaining village

By Farah Master HONG KONG (Reuters) – Hong Kong protesters have created a self-sustaining village within a month of taking their call for democracy to the streets, setting up changing rooms, tents for hire, a study area, first-aid stations and even their own security patrols as they ready for the long haul. What started out [...]

NYC police say hatchet attack by Islam convert was terrorism

NYC police say hatchet attack by Islam convert was terrorism

By Laila Kearney NEW YORK (Reuters) – The hatchet-wielding man who wounded two New York City police officers, one of them critically, was a self-radicalized convert to Islam who is believed to have acted alone in what law enforcement officials on Friday called a terrorist attack. The suspect, Zale Thompson, who was shot dead by [...]

Merkel says EU will discuss bridging finance for Ukraine next week

Merkel says EU will discuss bridging finance for Ukraine next week

BRUSSELS (Reuters) – The European Union and Ukraine will discuss a bridging loan to Kiev next week so that the country can pay in advance for Russian gas deliveries for the coming months, German Chancellor Angela Merkel said on Friday. "There is a necessity for a certain amount of bridging finance," Merkel told reporters after [...]

Venezuela seizes warehouses packed with medical goods, food

Venezuela seizes warehouses packed with medical goods, food

By Andrew Cawthorne CARACAS (Reuters) – President Nicolas Maduro’s government said on Thursday it had taken over warehouses around Venezuela crammed with medical goods and food that "bourgeois criminals" were hoarding for speculation and contraband. The socialist government says businessmen and wealthy opponents are trying to sabotage the economy to bring Maduro down, while also [...]

EU strikes compromise to set new climate target

EU strikes compromise to set new climate target

By Barbara Lewis and Alastair Macdonald BRUSSELS (Reuters) – European Union leaders struck a deal on a new target to cut carbon emissions out to 2030, calling it a new global standard but leaving critics warning that compromises had undermined the fight against climate change. Talks in Brussels stretched into the small hours of Friday [...]

EU reaches deal to cut emissions by at least 40 percent versus 1990 levels

EU reaches deal to cut emissions by at least 40 percent versus 1990 levels

BRUSSELS (Reuters) – European Union leaders reached a deal early on Friday to cut greenhouse gas emissions by at least 40 percent in 2030 versus 1990 levels, European Council President Herman Van Rompuy said in a Twitter message. EU leaders also agreed two other 2030 targets to increase renewable energy use to 27 percent of [...]

Iran will be seen as responsible if nuclear talks fail: U.S.

Iran will be seen as responsible if nuclear talks fail: U.S.

By Arshad Mohammed WASHINGTON (Reuters) – Iran will be widely seen to be responsible if a comprehensive deal to curb its nuclear program in exchange for sanctions relief is not reached, the top U.S. negotiator said on Thursday. U.S. Under-Secretary of State Wendy Sherman also said major powers negotiating with Iran have offered it ideas [...]