Tuesday 2 September 2014
 
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Brent upswing held by China factory slowdown

Brent crude held steady above $103 a barrel on Monday, as a recent rebound in oil prices was checked by fresh data suggesting a slowdown in China's factory activity. Oil prices on both sides of the Atlantic registered a second straight month of losses in August, although pric

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Japan to double India investment in 5 years

Japanese Prime Minister Shinzo Abe will tell his Indian counterpart Narendra Modi at a summit on Monday that Japan aims to double its direct investment in India in five years from some $2 billion last year, the Nikkei business daily reported. Modi, on his first major foreign visi

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New York storms delay flights

Severe thunderstorms on Sunday forced an early end to New York's Electric Zoo music festival, delayed flights at area airports and injured two people after a lightning strike near a Bronx beach. Rain halted play at the US Open in Queens, New York, interrupted the Made In Amer

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Germany to send Kurds weapons for 4,000 fighters

Germany will send enough weapons to arm 4,000 Kurdish fighters in northern Iraq battling against Islamic State (IS) insurgents, whose advances threaten to destabilise the Middle East, the defence minister said on Sunday. The equipment will include armour-piercing weapons like ant

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Iraq forces break siege of Amerli

Iraqi security forces backed by Shi'ite militias on Sunday broke the two-month siege of Amerli by Islamic State militants and entered the northern town, officials said. The mayor of Amerli and army officers said troops backed by militias defeated fighters from the Islamic Sta

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New Iceland eruption triggers top ash warning

A small new fissure eruption in an ice-free area of Iceland's Bardarbunga volcano system prompted authorities to raise their warning of the risk of ash to aviation to the highest level on Sunday. Iceland's largest volcanic system, which cuts a 190 km long and up to 25 km

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Child killed in Paris building explosion

A four-storey building was rocked by an explosion and collapsed, killing a child, in a northeastern suburb of Paris on Sunday morning, French authorities said. Ten people, including four seriously wounded, were evacuated from the rubble of the building, and a child was killed, fi

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US planes strike Iraqi militants, drop aid near held town

The US carried out air strikes on Saturday against Islamic State fighters near the besieged Shi'ite town of Amerli in northern Iraq and airdropped humanitarian aid to civilians trapped there, the Pentagon said. President Barack Obama authorized the new military action, broade

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New US curbs 'against spirit of nuclear talks'

Iranian President Hassan Rouhani said on Saturday new US sanctions on some Iranian and foreign banks and businesses were "unconstructive" and against the spirit of Tehran's nuclear negotiations with world powers. But he added at a news conference in Tehran that he w

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Obama at Nato summit, to send strong message to Putin

US President Barack Obama will visit Estonia and attend a Nato summit in Wales next week to send a strong message to Russian President Vladimir Putin that his incursion into Ukraine must be reversed and to keep his hands off the Baltic nations. A fresh move into eastern Ukraine b

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