Wires

More

  • ASBURY PARK, N.J.— In the Jersey shore city that gave Bruce Springsteen's debut album its name, owners of the first new hotel to open there in more than 50 years hope they can convince locals and tourists alike that what was once considered a slum by the sea is now a destination with a bright future. Designer Anda Andrei and hotel operator David Bowd have transformed...

  • MINEOLA, N.Y.— Eighteen-year-old Kristian Roggio was riding in a friend's car when another driver careened across a Brooklyn street, colliding head-on and killing her. That ruling nine years ago highlights a loophole that still exists in New York and a dozen other states which base intoxicated driving— not on a police officer's observation of impairment— but on...

  • NEW YORK— The Latest on a U.S. senator's call for an investigation into the practices of an outdoor advertising company in New York:. Senator Charles Schumer is calling on the Federal Trade Commission to investigate the technique. Charles Schumer is asking the Federal Trade Commission to investigate an advertising technique that uses mobile phone data to...

  • OMAHA, Neb.— The festivities around Berkshire Hathaway's annual meeting continue Sunday with a day of fun events. Tens of thousands of people packed Omaha's arena Saturday to listen to Warren Buffett and Charlie Munger take questions for more than five hours. Then shareholders will move on to the serious business of shopping at Berkshire's Borsheims jewelry...

  • DUBAI, May 1- Qatar's sovereign wealth fund is reducing its focus on investments in Europe and placing more of its money with external managers following an internal review, sources familiar with the matter told Reuters. Qatar Investment Authority, estimated by industry tracker Sovereign Wealth Fund Institute to hold $256 billion of assets, is known as an...

  • *Political leaders condemn storming of Green Zone. BAGHDAD, May 1- Iraqi Prime Minister Haider al-Abadi and other political leaders promised on Sunday to deliver on radical reforms and stem a deepening crisis as protesters held an unprecedented sit-in inside Baghdad's heavily fortified government district. Iraq has endured months of wrangling prompted by...

  • QATAR INVESTMENT AUTHORITY REDUCING FOCUS ON EUROPE INVESTMENTS, BOOSTING ASIA AND U.S.- SOURCES.

  • QATAR INVESTMENT AUTHORITY PLACING MORE FUNDS WITH EXTERNAL MANAGERS- SOURCES.

  • DUBAI, United Arab Emirates— Qatar's largest bank acknowledged Sunday that some personal customer data that was leaked online may be authentic, and said it has hired an outside expert to review potential vulnerabilities to its computer systems. Files dumped online last week appeared to contain sensitive information involving thousands of Qatar National...

  • BANGKOK, May 1- Japan's foreign minister arrived in Bangkok on Sunday aiming to reaffirm economic ties after Japanese investments in Thailand slumped last year amid political concerns as well as stiff competition emerging from more nimble neighbours. Japan has historically been the largest investor in Thailand, Southeast Asia's second biggest economy,...

  • BERLIN, May 1- German industrial output is expected to increase at a faster pace this year despite weaker growth in exports, the BDI industry association said in its latest report, which was seen by Reuters on Sunday. Domestic demand has replaced foreign trade as the main support of Europe's largest economy, and the government predicts gross domestic product...

  • DOHA, May 1- Qatar National Bank, the Middle East's largest lender by assets, said it had taken immediate steps to ensure customers would not suffer any financial loss after a security breach last week exposed personal data of thousands of clients. The bank said the breach was an attack on its reputation, rather than specifically targeted at the customers, and only...

  • Daytona Beach, Florida- based iGun Technology Corp. has been developing a "smart gun," a firearm that uses a ring with a chip in it to send a signal to a circuit board embedded in the firearm so that only an authorized user can fire the gun. Armatix GmbH of Unterfoehring, Germany, has developed a handgun that uses a watch that sends signals to the handgun.

  • DAYTONA BEACH, Fla.— Jonathan Mossberg is among a small number of pioneers looking to build a safer gun. But unlike many others, he was in the gun business when he started down that path. Mossberg's iGun Technology Corp., based in Daytona Beach, Florida, relies on a simple piece of jewelry— a ring— that "talks" to a circuit board imbedded in a firearm to let it know the user is...

  • RIYADH, Saudi Arabia— Employees at the Saudi Binladin Group, a construction giant, have set fire to more than seven company buses in the latest protest by disgruntled staff over not being paid salaries for months and a large round of reported layoffs. Nayef al-Sharif, the spokesman for the Civil Defense in the city of Mecca, said late Saturday that firefighters put...

  • NEW YORK— An outdoor advertising company that owns thousands of billboards across the country, including in Times Square, and around the world, is using mobile photo data to learn about people who are passing their displays in order to cater ads to specific consumers, and U.S. The program, known as Clear Channel Outdoor RADAR, is a partnership between the outdoor...

  • BAGHDAD— Iraq says April crude oil exports have increased by 2.3 percent from the previous month, filling cash-strapped coffers amid an acute economic crisis. Oil Ministry spokesman Assem Jihad, said Sunday that daily oil exports averaged 3.364 million barrels last month, worth $3.343 billion. Iraq holds the world's fourth largest oil reserves, and oil...

  • A look at some May Day events:. Fearing France's worker protections are under threat, hundreds of angry youths on the sidelines of a May Day labor rally hurled stones and wood at police in Paris, receiving repeated bursts of tear gas in response. The traditional May Day rallies took on greater weight this year as parliament is debating a bill that would allow longer...

  • BASRA, Iraq, May 1- Iraq exported oil from southern fields at an average rate of 3.364 million barrels per day in April, higher than the March average of 3.286 million, Oil Ministry spokesman Asim Jihad said on Sunday. But they failed to reach a deal at an April 17 meeting, and rising exports from Iraq as well as other nations including Russia underline the challenges...

  • BRUSSELS— Under extra security, the Brussels Airport reopened its departure hall Sunday for the first time since deadly Islamic extremist attacks in March. Passengers on select flights started using the newly-repaired departure hall Sunday after a special ceremony presided over by Belgian Prime Minister Charles Michel. Brussels is back in business, "...