Sunday, 24 February 2019

Reuters

Ford probing possible problems with fuel economy, emissions tests

DETROIT: Ford Motor Co said on Thursday it has hired outside experts to investigate its vehicle fuel economy and testing procedures after employees raised concerns, and did not know whether it would have to correct data provided to regulators or consumers. The issues involving Ford’s testing processes do not involve ...

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Macron calls on french society to draw ‘new red lines’ against anti-Semitism

PARIS: This week, the French people took to the streets throughout the country to protest against anti-Semitism following a recent outbreak of anti-Semitic attacks, according to local media reports. French President Emmanuel Macron has delivered a speech at the annual dinner of the Council of Jewish Institutions in France, stressing that anti-Semitism had grown ...

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Jason Roy, Root score centuries in record England win

BARBADOS: Jason Roy and Joe Root scored centuries as England clinched a record-breaking victory over West Indies in a display of pure power hitting and shot making by both sides in their opening one-day international in Barbados on Wednesday. Roy made 123 and Root 102 as the visitors scored 364 ...

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Lloyds bank 2018 profit jumps by more than a quarter

LONDON: Britain’s Lloyds Banking Group announced surging 2018 profits on Wednesday on lower mis-selling costs and the “resilient” UK economy – despite looming uncertainty over Brexit. Earnings after taxation, or net profit, soared 27 percent to £3.87 billion ($5.02 billion, 4.43 billion euros) last year, compared with £3.04 billion in ...

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Huawei founder: We will shift our investment from the US to the UK

LONDON: BEIJING: The founder of Huawei commented on the arrest of his daughter, Meng Wanzhou, Huawei chief financial officer, noting that he believes that arrest was politically motivated. In his first international broadcast interview since his daughter arrest, Ren accused the US of forcing other countries into the campaign against Huawei. “There’s no way ...

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Mogherini, Zarif agree to work together for further implementation of INSTEX

EU foreign policy chief Federica Mogherini and Iranian FM Mohammad Javad Zarif at a meeting expressed their commitment to cooperate for further implementation of the Instrument in Support of Trade Exchanges (INSTEX), which allows bypassing US sanctions, the European External Action Service (EEAS) said in a statement. “They discussed the ...

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Gabriel apologises over Joe Root sledge

ST LUCIA: West Indies fast bowler Shannon Gabriel sought to clear the air over what he said to England captain Joe Root and extended an “unreserved apology” for his comments during the third Test against England in St Lucia. Gabriel, 30, had accepted a charge for breaching the International Cricket ...

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Hungary sells more bonds than planned

BUDAPEST: Hungary sold 90 billion forints ($318.19 million) worth of government bonds at an auction on Thursday, 25 billion forints more than initially offered, the Government Debt Management Agency (AKK) said.

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Etihad Airways restructures Airbus, Boeing jet orders

ABU DHABI: Etihad Airways said on Thursday it has agreed with Airbus and Boeing to restructure a “large portion” of its orders, in what appeared to be a major cut in long-haul jet orders. The Abu Dhabi-owned airline said in a statement that it has committed to take delivery of ...

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Pakistan can end India jinx at World Cup 2019: Moin Khan

LONDON: Former Pakistan captain and wicketkeeper, Moin Khan, on Wednesday, backed Sarfraz Ahmed-led Pakistan side to break the jinx against India at the forthcoming World Cup 2019 in England. He based his comment on Pakistan’s heroic win over India in Champions Trophy final two years back and that English conditions ...

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