Deadly earthquake topples houses in southern Japan

At least two people died and a number were injured after an earthquake jolted southern Japan, toppling buildings and disrupting power supplies. Officials say more people could be trapped under collapsed buildings. About 16,000 homes were left without electricity and 38,000 without gas, reports say. No tsunami warning was issued after the magnitude 6.4 quake, which struck at… Read More »

Muslim nations agree to work closely to fight terrorism – Turkey’s Erdogan

Muslim countries have agreed to work together more closely to fight terrorism and other crimes and will establish an Istanbul-based centre for greater police cooperation, President Tayyip Erdogan said on Thursday. Leaders from the Muslim world are attending a summit in Istanbul this week of the Organisation of Islamic Cooperation (OIC) to discuss issues facing the grouping’s 57… Read More »

Shares hit 2016 high, FX hit by Singapore sting LONDON | BY MARC JONES

World stocks rose to their highest level in more than four months on Thursday and the dollar chalked up a third day of gains as markets took a positive view ahead of top policymaker and oil producer meetings. Singapore set the tone for the World Bank and International Monetary Fund spring meetings, to be held this week in… Read More »

Oil boost could help ECB medicine work

Is the spectre of deflation finally being lifted from Europe’s economy, still struggling to get on its feet after the economic crisis? Consumer prices in the 19-member euro zone halted their slide in March, the EU’s statistics agency said on Thursday. Add to that an emerging consensus that oil prices may have bottomed out and could even rise… Read More »

U.S. says China to scrap some export subsidies

China has agreed to scrap export subsidies on a range of products from metals to agriculture and textiles, the U.S. Trade Representative said on Thursday, in a step by Beijing to reduce trade frictions with the United States. China agreed to end a program known as its “demonstration bases-common service platform,” which provides export subsidies to Chinese companies… Read More »

With plenty of punch, central bankers wait in vain for the world to drink

Central bankers usually worry about when to remove the punch bowl of cheap finance but when they gather in Washington, D.C. this week they will face a different problem: how to force the world to drink. Amid a flood of cheap money and a historic experiment with negative interest rates, households, corporations and banks in the developed world… Read More »

BP investors say ‘no’ to CEO Dudley’s £14 million pay deal

BP’s (BP.L) shareholders have voted against Chief Executive Bob Dudley’s £14.13 million ($20 million) pay deal for 2015, a rare investor revolt for such a major company, after it recorded a record annual loss. Some 59 percent of shareholders on Thursday opposed the pay and benefits package, according to preliminary figures, in stark contrast with previous years when… Read More »

Oil inches up after mixed IEA report ahead of Doha meeting

Oil prices rose slightly on Thursday in choppy trade as the market processed a mixed report from the International Energy Agency (IEA) and skepticism that an upcoming meeting of major producers would do much to tighten the supply demand balance. Brent crude futures LCOc1 were up 17 cents at $44.35 a barrel by 12:20 p.m. EST (1620 GMT).… Read More »

Apple Patent Imagines a Keyboard without Keys

After ditching traditional keys on its most popular products, Apple may now be thinking about phasing out the keyboard on its MacBook, too. The company filed a patent that was made public on Thursday for a “force-sensitive input structure for electronic devices.” United States Patent and Trademark Office The patent describes technology that would replace the laptop keyboard… Read More »

Mosul Dam: Residents Living Downstream in Wana Fear Annihilation

The possibility of annihilation hangs over Saddeq Hassan and his neighbors. Their town of Wana is just 7 miles downriver from the troubled Mosul dam, which U.S. officials warn is in danger of failing — which could kill between 500,000 and 1.47 million people. A senior Iraqi official this week refused to discuss the Iraqi government’s emergency evacuation… Read More »