Wires

  • VIENNA, Dec 4- Far-right Austrian presidential candidate Norbert Hofer's campaign manager conceded defeat on Sunday to former Greens leader Alexander Van der Bellen. "The bottom line is it didn't quite work out," Herbert Kickl told broadcaster ORF as initial projections showed Van der Bellen leading with a score of around 54 percent to Hofer's 46 percent.

  • LONDON— An 89- year-old army veteran who made national headlines in Britain with a newspaper ad seeking work has started his new job. The Cantina Kitchen& Bar in the seaside town of Paignton in southwestern England announced on its Facebook page that Joe Bartley was starting work Sunday. Bartley told the BBC he was "overwhelmed by all the attention" and was looking...

  • VIENNA, Dec 4- An environmentalist candidate has a clear lead in Austria's presidential election, projections showed on Sunday after polls closed, dealing a blow to his rival's bid to become the first freely elected far-right head of state in Europe since World War Two. If confirmed, the re-run result will be a relief for Europe's political establishment and a...

  • FRANKFURT, Dec 4- Deutsche Boerse's chief executive has sought to reassure Frankfurt over its merger with London Stock Exchange Group, saying the German regulator will retain power over the exchange when it becomes part of a larger London- based group. Carsten Kengeter told the Frankfurt Chamber of Commerce in a letter seen by Reuters that the markets watchdog...

  • SANTIAGO, Cuba, Dec 4- Fidel Castro's ashes were laid to rest on Sunday, capping nine days of official mourning when hundreds of thousands of Cubans said farewell with a combination of tears, Castro-like defiance and choruses of "I am Fidel!" Castro gave Cuba an outsized influence in world affairs. Forced to step down due to an intestinal ailment, Castro ceded power to...

  • It's a freewheeling style that President-elect Donald Trump used to stop Carrier from shipping 800 jobs from an Indiana factory to Mexico. "It's a great tactical success," Bill Galston, a senior fellow at the Brookings Institution, said of the Carrier announcement. In a similar vein, Trump took to Twitter this weekend to threaten heavy tariffs on U.S. companies...

  • MADRID, Dec 4- The heaviest rainfall in years along Spain's southern coastline has flooded the streets of the city of Malaga and nearby towns, killing one woman and prompting the Spanish government to issue a public safety warning. A 26- year-old-woman was found dead in the town of Estepona on Spain's Costa del Sol, a spokeswoman for Malaga's local government...

  • PARIS, Dec 4- French voters elected Francois Hollande in 2012 on promises to fix the floundering economy. Once in office, Hollande hiked taxes on households by more than 50 billion euros- 2.5 percent of GDP- inadvertently snuffing out a nascent recovery in a move most economists now consider a mistake. Now with France having the highest tax burden in Europe at 47.9...

  • CAIRO, Dec 4- Egypt has sharply raised customs duties on more than 300 goods to encourage domestic production and curb a ballooning trade deficit, prompting fears consumers already struggling with double-digit inflation will face further price increases. The increases, which saw many tariffs jump to 60 percent, are the second to be imposed this year in Egypt,...

  • GENEVA, Dec 4- Talks on scrapping import tariffs on environment-related exports worth more than $1 trillion collapsed at the World Trade Organization on Sunday, with disagreement among the 18 trade ministers on which goods to include, ranging from bicycles to gas turbines. "The participants will now return to capitals to consider next steps," the co-chairs of...

  • The two-day meeting at World Trade Organization involved a bid to agree on reducing tariffs on over 200 environment-friendly goods worth around $1 trillion in trade annually, part of a process that EU trade commissioner Cecilia Malmstrom called important "to show that trade and the environment can go hand in hand." "In the last seconds, China proposed a list that...

  • BOGOTA, Colombia— Venezuela said it will issue higher-denominated bills as triple-digit inflation and a currency meltdown leave the country's largest note worth just around 2 U.S. cents on the black market. The issuing of new bills comes as Venezuela is bordering on economic collapse. The currency lost 67 percent of its value on the black market last month,...

  • *Dubai outperforms as it catches up with region. DUBAI, Dec 4- Most stock markets in the Gulf rose on Sunday as investors cheered a rally in crude oil prices, while foreign buyers continued to support Egypt's index. But a string of positive events over the last several weeks- principally the government's $17.5 billion international bond sale, its promise to settle...

  • CARACAS, Dec 4- Venezuela will introduce six new notes and three new coins starting in mid-December to help alleviate practical problems in doing business with the world's most inflationary currency, according to the central bank. Currently, the OPEC nation's largest note is worth just 2 U.S. cents on the black market, meaning cash transactions are extremely...

  • SANTIAGO, Cuba, Dec 4- Fidel Castro's ashes were laid to rest on Sunday, capping nine days of official mourning when hundreds of thousands of Cubans said farewell with a combination of tears, Castro-like defiance and choruses of "I am Fidel!" He gave Cuba an outsized influence in world affairs, but leaves a mixed legacy. Forced to step down due to an intestinal ailment,...

  • ATHENS, Dec 4- Political uncertainty in Europe has created fresh momentum for a "comprehensive and permanent" solution to the Greek debt crisis before the year ends, a government spokesman said on Sunday. Euro zone finance ministers will meet in Brussels on Monday to discuss short-term debt relief for Greece, and Germany's Wolfgang Schaeuble said it must...

  • ISTANBUL, Dec 4- Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling lira. In a speech to flag-waving crowds in the central city of Kayseri, Erdogan also said that Prime Minister Binali Yildirim would bring up the...

  • ISTANBUL, Dec 4- Turkey is taking steps to allow commerce with China, Russia and Iran to be conducted in local currencies, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling lira. In a speech to flag-waving crowds in the central city of Kayseri, Erdogan also said that Prime Minister Binali Yildirim would bring up the...

  • MANDAN, N.D.— North Dakota authorities have said they'll move away from a key bridge near the main Dakota Access pipeline protest camp by Sunday afternoon if demonstrators agree to certain conditions. A Morton County Sheriff's Office news release details the conditions as outlined Saturday by Cass County Sheriff Paul Laney. Authorities will move from the...

  • HELSINKI— Local politician, 2 journalists the victims in Finland shooting in southeastern town, police spokeswoman says.