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8 mins ago

New Turkish cabinet includes opposition, but little policy change seen | Reuters

ANKARA Turkish Prime Minister Ahmet Davutoglu appointed nationalist and pro-Kurdish opposition politicians to an interim power-sharing cabinet on Friday, but left his finance and economy ministers unchanged in a team dominated by ruling party loyalists. Davutoglu was forced to form the temporary cabinet after his AK Party failed to find a junior coalition partner following the loss of its parliamentary majority in a June election which ended more than a decade of single-party rule. The uncertainty has unnerved investors in Turkey's $870 billion economy and comes as it battles Kurdish militants at home and Islamic State fighters on its borders, helping send the lira currency to a series of record lows. #Europe #Latin America #Middle East #opinion #Turkey

10 mins ago

China shares rise sharply on signs of fresh government support | Reuters

SHANGHAI China stocks jumped more than 4 percent for a second straight day on Friday as signs of fresh support from Beijing prompted more bargain hunting following the earlier plunge that panicked global markets. The mainland's blue-chip CSI300 index rose 4.3 percent, to 3,342.29 points, reducing the week's loss to 6.9 percent #China #Economy #Hong Kong #opinion #science

23 mins ago

French Socialists see reason to hope with Greens in turmoil | Reuters

LA ROCHELLE, France French Socialists welcomed a decision by two senior Green lawmakers to split away and create a new movement to support them, saying on Friday it would strengthen the Left's hand in regional and presidential elections. The extra support could be key for Socialist President Francois Hollande's chances to get re-elected in 2017 as well as for regional elections in December. The Greens were a junior ally in Hollande's government until they decided last year to leave, angered by what they said was a move toward more centrist economic and social policies #Entertainment #Latin America #Middle East #United Kingdom #United States

25 mins ago

India cenbank chief Rajan – We have not called an end to rate cuts: CNBC | Reuters

WASHINGTON India's central bank has not said it is done with interest rate cuts and will keep a close eye on incoming data, Reserve Bank of India (RBI) Governor Raghuram Rajan said on Friday. "We'll look at the data as it comes in and take a further view. We have not said we are finished," he said in an interview with CNBC television in Jackson Hole, Wyoming. #Business #opinion #Sports #Technology #United Kingdom

38 mins ago

Peru hit by 5.5 magnitude quake, no reports of damage or injuries | Reuters

LIMA A 5.5-magnitude earthquake shook buildings in the Peruvian capital Lima on Friday but there were no immediate reports of damage or casualties. The quake struck near the province of Yauyos, some 130 kilometres (80 miles) southeast of Lima, at a depth of 94 km (59 miles), Peru's Geophysical Institute said. (Reporting by Mitra Taj; Editing by Chris Reese and James Dalgleish) #Economy #markets #Middle East #opinion #Peru #science #United Kingdom

40 mins ago

Brookfield buys into Indian infrastructure with road and power deal | Reuters

NEW DELHI Canada's Brookfield Asset Management( BAMa.TO ) made its first significant investment in Indian infrastructure, buying six road and three power projects on Friday from India's Gammon Infrastructure Projects Limited( GAIN.NS ). A consortium composed of Brookfield and the Core Infrastructure India Fund Pte Ltd are buying the projects, six of which are operational, said Ambit Holdings, which advised Gammon on the deal. #Deals #India #Latin America #opinion #United Kingdom

53 mins ago

Iraqi PM orders easier access to Baghdad’s Green Zone as protests surge | Reuters

BAGHDAD Iraqi Prime Minister Haider al-Abadi on Friday ordered security forces to ease access to Baghdad's fortified Green Zone and main streets, in an apparent bid to improve daily life for ordinary Iraqis as fresh protests erupted across the country. The capital and many southern cities have witnessed demonstrations in recent weeks calling for provision of basic services, the trial of corrupt politicians, and the shakeup of a system riddled with graft and incompetence. Tens of thousands of demonstrators filled Baghdad's Tahrir Square on Friday in what a senior security official called the biggest protest of the summer #Crime #crisis #Entertainment #India #Islam #Latin America #Technology

55 mins ago

Exclusive – Arab OPEC producers brace for oil-price weakness for rest of 2015 | Reuters

DUBAI/LONDON A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output. #Argentina #Entertainment #India #Middle East #United Kingdom #United States

Aug 29, 2015

Greece’s Syriza to win election but face setback, polls show | Reuters

ATHENS Former Greek Prime Minister Alexis Tsipras' leftist Syriza will emerge as the biggest party in next month's election but without the majority it was hoping for, the first opinion polls since he resigned last week showed on Friday. #Argentina #Business #Middle East #Technology #United Kingdom

Aug 29, 2015

Wall St. ends flat as investors gauge Fed | Reuters

NEW YORK Wall Street ended near flat on Friday after comments by a top Federal Reserve official suggested that a September rate rise was more likely than some investors expected. The Dow Jones industrial average .DJI fell 12.3 points, or 0.07 percent, to 16,642.47, the S&P 500 .SPX gained 1.14 points, or 0.06 percent, to 1,988.8 and the Nasdaq Composite .IXIC added 15.62 points, or 0.32 percent, to 4,828.33 #Africa #Entertainment #Health #opinion #United Kingdom