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Wires

  • *Decision moves Germany closer to stable government. BONN, Jan 21- Germany's Social Democrats voted on Sunday to begin formal coalition talks with Chancellor Angela Merkel's conservatives, moving Europe's economic powerhouse closer to a stable government after months of political deadlock. "We are of course all relieved," SPD leader Martin Schulz told...

  • NEW YORK— "Jumanji: Welcome to the Jungle" outdid another weekend's worth of newcomers to top the North American box office for the third straight weekend, making the surprise hit the fifth-highest grossing film of all time for Sony Pictures. "Jumanji" sold $20 million in tickets, according to studio estimates Sunday, bringing its five-week domestic total to $317...

  • Please note that the media slug for stories about tourist destinations affected by the U.S. government shutdown has been changed to USA- SHUTDOWN/TOURISTS from USA- CONGRESS-SHUTDOWN/TOURISTS.

  • CAIRO, Jan 21- Average yields on Egypt's three-. and nine-month treasury bills dipped slightly at an auction. on Sunday, central bank data showed.

  • Please note that the media slug for stories about tourist destinations affected by the U.S. government shutdown has been changed to USA- CONGRESS/TOURISTS from USA- CONGRESS-SHUTDOWN/TOURISTS.

  • KABUL, Jan 21- Gunmen in army uniforms who stormed Kabul's Intercontinental Hotel late on Saturday and battled Afghan Special Forces through the night killed more than 30 people and wounded many more, although the final toll of dead and wounded may still be higher. Wahid Majroh, a spokesman for the ministry of public health, said that 19 bodies had been brought...

  • *Decision moves Germany closer to stable government. BONN, Jan 21- Germany's Social Democrats voted on Sunday to begin formal coalition talks with Chancellor Angela Merkel's conservatives, moving Europe's economic powerhouse one step closer to a stable government after months of political deadlock. Just before delegates voted, SPD leader Martin Schulz...

  • WASHINGTON, Jan 21- U.S. House Speaker Paul Ryan said on Sunday that the House of Representatives would accept a bill funding the government through Feb. 8 and ending the current shutdown of federal agencies if the Senate can pass the measure. "We've agreed that we would accept that in the House," Ryan said on CBS's Face the Nation. Senate Republican leaders have said...

  • TUNIS, Jan 21- Libya's National Oil Corporation, NOC, announced on Sunday the reopening of the eastern As-Sarah oil fields, where more than 50,000 barrels per day had been shut in by a blockade since November. The NOC said the municipality of the Jakhira oasis decided to reopen the fields under pressure from the NOC and Libya's public prosecutor.

  • KABUL, Jan 21- Gunmen in army uniforms who stormed Kabul's Intercontinental Hotel late on Saturday and battled Afghan Special Forces through the night killed at least 19 people and wounded 12 more, although the final toll of dead and wounded may still be higher. Local airline Kam Air said around 40 of its pilots and air crew, many of whom are foreigners, were staying...

  • MUNICH, Jan 21- Facebook executives are fanning out across Europe this week to address the social media giants slow response to abuses on its platform, seeking to avoid further legislation along the lines of a new hate speech law in Germany it says goes too far. Facebook's communications and public policy chief used an annual meeting in Munich of some of Europe...

  • SEATTLE, Jan 21- Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail. The Seattle store, known as Amazon Go, relies on cameras and sensors to track what shoppers remove from the shelves, and what...

  • KABUL, Jan 21- Gunmen in army uniforms who stormed Kabul's Intercontinental Hotel on Saturday and battled Afghan Special Forces for 13 hours overnight caused heavy casualties among hotel guests and staff, with the total number of dead and wounded still not known. Interior Ministry spokesman Najib Danesh said at least five people- four Afghans and one...

  • WASHINGTON, Jan 21- U.S. Senate Republicans oppose changing the chamber's rules so that legislation to fund the government and end the current shutdown could pass with a simple majority, a spokesman for Senate Majority Leader Mitch McConnell said on Sunday. The spokesman was responding to a question about President Donald Trump's comment on Twitter that if...

  • As a citizen, Donald Trump criticized President Barack Obama during the 2013 government shutdown for failing to "lead" and getting everyone in the room. Ryan says on the current shutdown, "you can't blame Donald Trump for the Senate Democrats shutting down the government. The former Democratic presidential candidate said Sunday on CNN's "State of the Union" that...

  • By Rania El Gamal and Maha El Dahan. MUSCAT, Jan 21- Global oil producers are in agreement that they should continue cooperating on production after their deal on supply cuts expires at the end of this year, Saudi Arabia's energy minister Khalid al-Falih said on Sunday. It was the first time Saudi Arabia, the world's top oil exporter, had publicly stated OPEC and non-...

  • *Qatar National Bank pulls down Doha. *Egypt's Orascom Development rises on share split plan. DUBAI, Jan 21- Most Middle Eastern stock markets fell on Sunday with Saudi Arabia pulling further away from a major resistance level, although a surge by fuel distributor ADNOC Distribution buoyed Abu Dhabi.

  • PARIS, Jan 21- French luxury goods conglomerate LVMH said on Sunday it has appointed former Yves Saint Laurent star designer Hedi Slimane as artistic director of its Celine label. His predecessor Phoebe Philo left the high-end ready-to-wear brand in January after turning Celine into one of fashion's most sought-after labels over the past 10 years.

  • LONDON, Jan 21- Most developing nations have been absolved of the "original sin" that blocked them using their own currencies to raise money abroad, but their companies' sins have still not been forgiven, as the huge debt they have racked up in "hard" currency attests. Original sin, which is how economists Barry Eichengreen and Ricardo Hausmann described the dilemma...

  • HONG KONG, Jan 21- Chinese sportswear retailer Pou Sheng International Ltd has received a proposal from Pou Chen Corp to be taken private that values it at around $11 billion, it said in a stock exchange filing on Sunday. Pou Chen Corp has offered Pou Sheng International a cancellation price of HK $2.03 per share, which represents a premium of around 31.82 percent...