Tokyo / Bloomberg Mitsubishi Motors Corp. President Tetsuro Aikawa will step down as the Japanese automaker looks to regroup from its widening fuel economy testing scandal with the backing of Nissan Motor Co. Aikawa, 62, and Executive Vice President Ryugo Nakao will leave their positions effective June 24, according to a statement Wednesday. Mitsubishi Motors used “desktop calculations†to ...
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Foxconn to buy Microsoft feature phones for $350mn
Washington / Bloomberg Microsoft Corp. agreed to sell its feature phone business to FIH Mobile Ltd. and HMD Global for $350 million, exiting a business that once dominated the mobile market under the Nokia name before Apple Inc.’s iPhone. FIH, part of Foxconn Technology Group, will also acquire a manufacturing facility in Hanoi, Microsoft said in a statement on ...
Read More »Currency wars, fiscal stimulus rift in focus at G7 meeting
Tokyo / AFP Finance ministers and central bankers from the G7 meet in Japan this week for talks likely to highlight a sharp divide over currency policy and how to breathe life into the wheezing global economy. The group — including US Treasury Secretary Jacob Lew and European Central Bank President Mario Draghi — converge at a hot spring ...
Read More »Rights group recounts IS atrocities in Libya’s Sirte
CAIRO/ AP A leading international rights group on Wednesday released a report documenting atrocities by Libya’s IS affiliate — including instances of “crucifixions” and shooting a man to death for “cursing God” — in the coastal city of Sirte, a stronghold of the militants. Human Rights Watch recounts “scenes of horror” that followed the city’s seizure by IS militants ...
Read More »Turkish fighter jets bomb Kurdish rebels, kill 10
ISTANBULI /Â AP Turkey’s state-run news agency says Turkish fighter jets have killed 10 Kurdish rebels during bombing runs in the country’s southeast. Citing a military source, the Anadolu Agency said on Wednesday that the Monday air raids targeted the mainly Kurdish province of Hakkari, which borders with Iraq. The Turkish military is engaged in renewed conflict with rebels linked ...
Read More »ICC prosecutors demand 25-year jail term for Bemba
The Hague / AFP War crimes prosecutors on Wednesday called for former Congolese vice president Jean-Pierre Bemba to be sentenced “to at least 25 years” in prison for a slew of rapes and murders in the Central African Republic over a decade ago. Bemba sat stony-faced at the end of three days of hearings at the International Criminal Court ...
Read More »US: IS may be reverting to its ‘roots’
RAMSTEIN AIR BASE / AP A series of deadly attacks by IS operatives in and around Baghdad may be a sign that the militants are “reverting to their roots” as a terrorist organization, the top US commander for the Middle East said on Wednesday. Army Gen. Joseph Votel, the head of US Central Command, said this does not mean ...
Read More »Netanyahu close to agreeing Israel unity government
Jerusalem / AFP Prime Minister Benjamin Netanyahu is close to agreeing a unity government with the main opposition leader, Israeli media said on Wednesday, in a move that could help revive peace talks with the Palestinians. The head of the rightwing Likud has reportedly been engaged in intense negotiations with Labour Party chief Isaac Herzog in recent weeks in ...
Read More »Inadequate funding for shelter may force millions of refugees to stay homeless: UN
Geneva/ AFP Millions of refugees worldwide risk living on the street due to a lack of funds for shelters, the United Nations warned on Wednesday, urging the private sector to help amid surging displacement. Launching a global campaign called “Nobody Left Outside”, the UN refugee agency said it still needed half a billion dollars to provide adequate shelter. “Without ...
Read More »French police protest ‘anti-cop hatred’
Paris/ AFP Police across France were to demonstrate on Wednesday against the “anti-cop hatred” they say they have endured during a wave of anti-government protests since early March.Rallies are planned in around 60 towns and cities, with the Paris event to be held in the Place de la Republique, the venue of the youth-driven “Up All Night” movement that ...
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