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Hack attack spurs call for more NKorea sanctions WASHINGTON (AP) — Suspicions that North Korea was behind a hacking attack against Sony Pictures and a threat against movie theaters are leading to intensified calls for tougher U.S. steps to cut that countrys access to hard currency — and once more declare it as a state sponsor of terrorism.
US tapped contractors to do its sneaky work in Cuba WASHINGTON (AP) — When the U.S. governments global-aid agency launched secret plans to undermine Cubas communist government, it didnt turn to the CIA for help. Instead, it used little-known contractors to carry out the operations — leading to multiple detentions and the high-profile arrest of American Alan Gross.
Sony - Europe holiday sales of PlayStation 4 inventory challenged TOKYO (Reuters) - The head of Sony Computer Entertainment, the Japanese electronic groups video gaming division, said holiday sales of its PlayStation 4 gaming console in Europe were so strong that it was fighting to keep up with demand. If I look at Europe I think it is potentially, for the second year running, going to be quite inventory challenged, Sony Computer Entertainment CEO Andrew House told Reuters on Friday. He did not give specific numbers, and said the company was doing its best to bolster production and logistics to deal with the strong demand. ...
Its law now: No Social Security for Nazis WASHINGTON (AP) — President Barack Obama on Thursday capped a swift and forceful response to an Associated Press investigation by signing into law a measure that bars suspected Nazi war criminals from receiving U.S. Social Security benefits.
China lodges protest after Obama approves Taiwan frigate sale BEIJING (Reuters) - China said on Friday it had lodged a protest with the United States after President Barack Obama signed into law legislation authorising the sale of up to four Perry-class guided missile frigates to Taiwan. Foreign ministry spokesman Qin Gang said the Taiwan issue was one of Chinas core interests and remained the most important and most sensitive issue in Sino-U.S. ties. China firmly opposes the arms sale to Taiwan by the U.S. This position is resolute, clear and consistent, Qin told a daily news briefing. ...
Japan government raises view on capex, output; economy in recovery albeit weakness TOKYO (Reuters) - Japans government raised its view of business investment and factory output, but stuck to its overall economic assessment of moderate recovery despite some weakness as the economy struggles to recover from recession. The governments monthly economic report comes days after Prime Minister Shinzo Abes ruling coalition won snap elections, giving the premier a fresh mandate to proceed with his Abenomics strategy of reflationary policies. ...
Sheriff to cede immigration-enforcement foothold PHOENIX (AP) — An Arizona sheriff known for crackdowns on people living in the country illegally is giving up his last major foothold in immigration enforcement efforts that won him popularity among voters but gradually were reined in by Washington and the courts.
US not fully prepared for nuclear terrorist attack WASHINGTON (AP) — A congressional audit says the federal government isnt fully prepared to handle a nuclear terrorist attack or large-scale natural catastrophe. It finds that the government lacks effective coordination and in some cases is years away from ensuring adequate emergency shelter and medical treatment.
Air France-KLM shares fall sharply after third profit warning PARIS (Reuters) - Shares in Air France-KLM opened down more than 7 percent on Friday after the Franco-Dutch airline group issued its third profit warning since July and announced new cost cuts. The group trimmed its forecast for earnings before interest, tax, depreciation and amortisation (EBITDA) by 200 million euros (£156 million) to 1.5-1.6 billion late on Thursday, citing higher-than-expected pilot strike costs and weak long-haul revenues. In early trading, shares in Europes second-largest traditional carrier were down 7.7 percent at 7.662 euros. ...
Obama heads to Asia in search of legacy After suffering a major electoral defeat at home, US president seeks to boost legacy through foreign affairs in Asia.
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