Wires

  • CAIRO, Dec 4- Egyptian billionaire Naguib Sawiris has resigned as chief executive officer of Orascom and his deputy Tamer El Mahdi has been nominated as his successor, the company said on Sunday, without explaining his decision. "Naguib Sawiris has submitted his resignation from his position as CEO effective January 1st, 2017," Orascom Telecom Media and...

  • ROME, Dec 4- Nearly 60 percent of Italy's voting population had cast their ballots by Sunday evening in a referendum on constitutional reform that will decide the political future of Prime Minister Matteo Renzi, who has vowed to resign if he loses. Financial markets and Europe's politicians fear victory for the opposition' No' camp could cause political...

  • ISTANBUL, Dec 4- Turkey is taking steps towards launching state tenders in the lira currency, President Tayyip Erdogan said on Sunday, the government's latest effort to shore up the tumbling currency. Erdogan has called on Turks to cash in their foreign exchange holdings and buy lira and said Turkey was considering measures to allow commerce with China, Russia...

  • SANTA FE, N.M.— New Mexico's grinding budget crisis is taking a toll in courtrooms where overburdened attorneys have denied legal counsel to poor defendants, at museums reeling from layoffs and admission hikes, and at state universities and colleges grappling with steep spending cuts. Employers across the state have shed thousands of jobs since October 2015,...

  • LOS ANGELES, Dec. 4- "Moana" sailed to the top of the domestic box office for the second consecutive weekend. The Disney animated adventure picked up $28.4 million to push its stateside haul to $119.9 million. The only major new release, "Incarnate," failed to sell many tickets, earning $2.6 million and falling short of its expected $4 million to $5 million opening.

  • CANNON BALL, N.D., Dec 4- The sheriff of the North Dakota county where thousands of people are protesting a controversial pipeline project defended police tactics after they used water hoses and rubber bullets in a late November confrontation. Kyle Kirchmeier, the sheriff of Morton County, where the Dakota Access Pipeline snakes through en route to Illinois,...

  • A Navy veteran and Harvard graduate student says he came to the Dakota Access pipeline protest camp because he thought they could use his help. Twenty-nine-year-old Art Grayson of Cambridge, Massachusetts, said he came to the encampment as part of the Veterans Stand for Standing Rock group. A Morton County Sheriff's Office news release details the conditions...

  • NEW YORK— Artisan burger buns, cage-free eggs and table service are some of the changes McDonald's is promising in the U.S. as it scrambles to update its image and win back customers. The chain, based in a Chicago suburb, has seen customer visits slip, with its flagship U.S. market of particular concern as tastes change and competition intensifies.

  • WASHINGTON, Dec 4- President-elect Donald Trump, fresh off a deal to keep nearly 1,000 U.S. jobs in the country, will decide whether to intervene with other companies to keep them from moving jobs overseas "on a day-by-day basis," Vice President-elect Mike Pence said on Sunday. Pence said the deal Trump reached last week to keep Carrier, a unit of United Technologies...

  • Trump to intervene to keep U.S. jobs at home on 'day-by-day' basis, Pence says.

  • CANNON BALL, N.D., Dec 4- The sheriff of the North Dakota county where thousands of people are protesting a controversial pipeline project defended police tactics after they used water hoses and rubber bullets in a late November confrontation. Kyle Kirchmeier, the sheriff of Morton County, where the Dakota Access Pipeline snakes through en route to Illinois,...

  • GENEVA, Dec 4- Europe's trade negotiator blamed China on Sunday for scuppering a global environmental trade deal by submitting impossible late demands at World Trade Organization talks aimed at scrapping import tariffs on exports worth more than $1 trillion. "China came in with their list, bringing in totally new elements of perspective, which was very late in...

  • 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...