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Wires

  • Egypt's military said they had carried out air strikes and raids overnight against militants held responsible for the killings, the bloodiest attack in Egypt's modern history. The attack also left 128 people injured, the MENA state news agency reported, while Egypt's public prosecutor's office linked it to Islamic State militants, also known as Daesh.

  • BEIJING, Nov 25- Beijing police investigating alleged child abuse at a kindergarten run by RYB Education Inc said on Saturday they had detained a teacher, in the latest scandal to hit China's booming childcare industry. Chaoyang district police said in an online posting on Saturday they had detained a 22- year-old teacher, surnamed Liu from the Hebei province...

  • PARIS, Nov 25- EuropaCorp, the loss-making film production company founded by French director Luc Besson, said it was considering "different options" to raise cash, reduce its debt and cut costs. Earlier this month, the group said that CEO Marc Schmuger would leave and that founder Luc Besson, best known for directing movies such as "The Fifth Element" and "Le Grand Bleu",...

  • CAIRO, Nov 25- Egypt's military said on Saturday it had carried out air strikes and raids overnight against militants held responsible for killing more than 230 worshippers at a mosque in North Sinai. The bloodiest attack in Egypt's modern history, in which militants gunned down worshippers, brought condemnation from leaders from Washington to Moscow, while...

  • PARIS, Nov 25- French Finance Minister Bruno Le Maire said on Saturday he believed the banks that closed the accounts of far-right National Front leader Marine Le Pen and her party had good reasons to do so. Le Pen earlier this week accused two banks-- Societe Generale and HSBC-- of launching a "banking fatwa" to silence her National Front party by closing bank accounts...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. Moody's, meanwhile, placed South Africa on review for a downgrade. Infighting within the ruling African National...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. S&P announced the downgrade on Friday, citing a further deterioration in the country's economic outlook and public...

  • WASHINGTON— A high school dropout, Nicole Dickey adds fractions in math class at a charter school for adults, hoping to earn her high school credentials and find a good paying office job. And despite the political controversy surrounding Education Secretary Betsy DeVos' push to expand school choice, the charter and the traditional public school sectors in the...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. "The 2018 Budget will outline decisive and specific policy measures to strengthen the fiscal framework," the finance...

  • JOHANNESBURG, Nov 25- South Africa will use its annual budget next year to outline "decisive" policy to strengthen its fiscal framework, the finance ministry said on Saturday after S&P Global Ratings cut its local currency debt to "junk" status. "The 2018 Budget will outline decisive and specific policy measures to strengthen the fiscal framework," the finance...

  • LIMA, Peru— Peru's attorney general's office said it was investigating former President Alejandro Toledo for allegedly taking millions of dollars in bribes from the Brazilian company Camargo Correa in exchange for a highway construction contract. Toledo, who governed from 2001 to 2006, is already wanted in Peru for allegedly taking $20 million in bribes...

  • MEXICO CITY, Nov 24- Production and exports of crude oil at Mexican state oil company Petroleos Mexicanos, or Pemex, increased in October, the firm said on Friday. Crude output rose by 9.9 percent from the previous month to 1.902 million barrels per day after suffering a sharp drop in September, according to Pemex data published online. Exports increased by 15.8...

  • CHICAGO/ NEW YORK, Nov 24- U.S. stores offered deep discounts, entertainment and free gifts to lure bargain hunters on Black Friday, the traditional start of the holiday retail season, but some shoppers said they were just browsing the merchandise, reserving their cash for internet purchases. Still, a sharp rise in online sales brightened the overall outlook for...

  • OKUMA, Japan— Above ground, the tsunami-hit Fukushima nuclear power plant has had a major face-lift since the 2011 disaster. Inside and underground remains largely a morass. We first went through automated security checks and radiation measurement at the new building, where 1,000 employees of Tokyo Electric Power Co.' s decommissioning unit work.

  • ONAHAMA, Japan— More than six years after a tsunami overwhelmed the Fukushima nuclear power plant, Japan has yet to reach consensus on what to do with a million tons of radioactive water, stored on site in around 900 large and densely packed tanks that could spill should another major earthquake or tsunami strike. Experts advising the government have urged a...

  • President Donald Trump has designated White House Budget Director Mick Mulvaney acting director of the Consumer Financial Protection Bureau until a permanent director is nominated and confirmed, the White House said on Friday. "The president looks forward to seeing Director Mulvaney take a common sense approach to leading the CFPBs dedicated staff, an...

  • SAO PAULO/ LISBON, Nov 24- Brazilian telephone carrier Oi SA, which is operating under bankruptcy court protection, appointed Eurico de Jesus Teles Neto as acting chief executive after Marco Schroeder resigned from the post on Friday, the company said in a securities filing. Teles Neto will also serve as legal director until the board deliberates on a permanent...

  • Nov 24- TransCanada Corp said on Friday it has recovered 44,400 gallons, or 1,057 barrels, of oil from the Keystone pipeline spill site at Amherst, South Dakota. The company had shut down its 590,000 barrel-per-day Keystone pipeline, which links Alberta's oil sands to U.S. refineries, on Nov. 16 after a 5,000- barrel spill. Preliminary inspections of the damaged...

  • President Donald Trump has designated White House Budget Director Mick Mulvaney acting director of the Consumer Financial Protection Bureau until a permanent director is nominated and confirmed, the White House said on Friday. "The president looks forward to seeing Director Mulvaney take a common sense approach to leading the CFPBs dedicated staff, an...

  • Nov 24- Food retailer Sobeys Inc, owned by Empire Company Ltd, is cutting more than 800 jobs across Canada, according to reports in the Canadian media. About 150 jobs will be lost in the eastern Canadian province of Nova Scotia, the company told CBC News. The move comes as part of a change in the company's operating model according to which the Sobeys' collection of five...