Category Archives: business

Malaysia finds mass graves of suspected trafficking victims

By EILEEN NG and TODD PITMAN KUALA LUMPUR, Malaysia (AP) — Malaysian authorities said Sunday that they have discovered a series of graves in at least 17 abandoned camps used by human traffickers on the border with Thailand where Rohingya Muslims fleeing Myanmar have been held. The finding follows a similar discovery earlier this month by police in Thailand who unearthed at least 33 bodies from shallow graves on the Thai side of the border. Continue reading

G7 finance ministers to address faltering global growth

By Jonathan Cable By Jonathan Cable LONDON (NEWS.GNOM.ES) – Finance ministers from the world’s largest developed economies meet in Germany this week against a backdrop of faltering global growth, scant inflationary pressures and a bond market in turmoil. High on their agenda — even if unofficially — will be Greece and how it can stay in the troubled euro zone. Continue reading

Greece will not make June IMF repayment: interior minister

ATHENS (NEWS.GNOM.ES) – Greece will not make a debt repayment to the International Monetary Fund due next month as it does not have the money, the country’s interior minister said on Sunday. “The four installments for the IMF in June are 1.6 billion euros ($1.8 billion), this money will not be given and is not there to be given,” Nikos Voutsis told Greek Mega TV’s weekend show. Continue reading

Iran’s oil minister says OPEC unlikely to change output ceiling: Mehr news agency

DUBAI (NEWS.GNOM.ES) – OPEC is unlikely to change its production ceiling when the group meets in June, Iran’s Oil Minister, Bijan Zanganeh, said on Sunday, according to the semi-official Mehr news agency. “Lowering OPEC’s production ceiling requires consensus between all members … under current conditions it seems unlikely that the OPEC production ceiling will change,” Zanganeh was quoted as saying. Continue reading

Local elections in Spain test upstart parties’ voter appeal

Pablo Iglesias, the leader of Spain’s new and growing left wing ‘Podemos’ (We Can) party speaks during a meeting with supporters for the upcoming local elections in Madrid, Spain, Friday, May 22, 2015. Spain could be set for a political upheaval in key local elections this weekend, with strong signs that voters fed up with economic crisis and corruption scandals may punish both the ruling conservative Popular Party and the leading opposition Socialists. (AP Photo/Andres Kudacki) Associated Press May 24, 2015 | 3:39 a.m. Continue reading

Hawaii groups plant coconut trees, protest against Monsanto

By CATHY BUSSEWITZ, Associated Press HONOLULU (AP) — Demonstrators spent Saturday planting coconut trees and waving signs in rallies across the Hawaiian Islands as part of an international day of protests against agriculture business Monsanto. Continue reading

Drenching rains force scores of rescues in Oklahoma City

(Reuters) – More than 70 people were rescued on Saturday after severe storms soaked Oklahoma during a month of record rainfall, authorities said. The Oklahoma City Fire Department said in a statement it had rescued more than 70 people after the drenching storms triggered flash floods in the city Continue reading

Protests erupt after acquittal of Ohio officer

By Aaron Josefczyk and Kim Palmer By Aaron Josefczyk and Kim Palmer CLEVELAND (Reuters) – A Cleveland police officer was found not guilty on Saturday in the shooting deaths of an unarmed black man and a woman after a high-speed car chase in 2012, one in a series of cases that have raised questions over police conduct and race relations in the United States. Judge John O’Donnell said Officer Michael Brelo, 31, acted reasonably in shooting the two suspects while standing on the hood of their surrounded car and firing multiple rounds through the windshield. Brelo, who was among a group of officers who fired on the car, was found not guilty of voluntary manslaughter and aggravated assault. Continue reading

Fiat Chrysler CEO approached GM about a merger, was rebuffed: NYT

(NEWS.GNOM.ES) – As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday. Quoting two people with knowledge of the email, the Times said it detailed how global carmakers needed to consolidate to save money and suggested a merged GM and Fiat Chrysler would cut billions of dollars in costs and create an automotive giant Continue reading

Motorist arrested for killing Colorado cadet, injuring officer: police

By Keith Coffman By Keith Coffman LONGMONT, Colo. (Reuters) – A Colorado State Patrol cadet was killed and his training officer critically injured on Saturday when a motorist they tried to stop struck them with his car, authorities said. The cadet, 21-year-old Taylor Thyfault, died at the scene on Colorado Highway 66 outside the town of Longmont, about 35 miles (56 km) north of Denver, State Patrol spokesman Trooper Josh Lewis said in a statement Continue reading