Blog Posts by Simplus Information Services

  • SEOUL, South Korea (AP) — The Latest on North Korea's launch of a long-range rocket (all times local):

    9:30 p.m.

    NATO Secretary-General Jens Stoltenberg has issued a strong condemnation of North Korea's rocket launch, calling it a "direct violation" of five U.N. Security Council resolutions.

    Stoltenberg said in a statement that the five resolutions "call for North Korea to suspend all activities related to its ballistic missile" program, to "re-establish its pre-existing commitments to a moratorium on missile launching and not to conduct any further nuclear test or any launch using ballistic missile technology."

    He said that "NATO continues to call on the North Korean authorities to comply with their obligations under international law, not to threaten with or conduct any launches using ballistic missile technology and to refrain from any further provocative actions."

    ___

    9:30 p.m.

    British Foreign Secretary Philip Hammond has criticized North Korea's rocket launch and said Britain would meet

    Read More »from The Latest: NATO chief strongly condemns N. Korea rocket
  • [$$] Wounded blood tester Theranos pins recovery on Arizona

    If the controversy engulfing Theranos has chastened the blood-testing start-up, it would be hard to tell in Arizona, by far the company's largest market, and the state where almost all its facilities are located. 

    Passengers landing at Sky Harbor Airport in Phoenix are greeted by a large billboard straddling the concourse of its main terminal, while television and radio networks are full of commercials touting the "Theranos revolution" - hassle-free blood tests that can be ordered without the say-so of a doctor. 

    Although Theranos has styled itself as a California native in the tradition of Silicon Valley disrupters, its fortunes are inextricably tied to Arizona, a state of 7m in the US south-west that is home to the Grand Canyon. 

    Here, patients can order medical tests for a variety of illnesses without seeing a doctor, after Arizona in 2015 became the only US state to change the law governing diagnostic testing after a lobbying effort from Theranos. 

    More from

    Read More »from [$$] Wounded blood tester Theranos pins recovery on Arizona
  • [$$] UK construction boosted by surge of big projects

    UK construction is expected to return to pre-recession levels for the first time this year because of a surge in road, rail and energy projects.

    Construction work is expected to rise 3.6 per cent in 2016 and 4.1 per cent in 2017, the Construction Products Association said. This will generate more than £10.4bn for the building industry, which accounts for 6.3 per cent of GDP.

    Noble Francis, economics director of the CPA, said that despite poor weather that slowed growth in January, the industry is "positive about the next 12-18 months because the fundamentals in the sector are still good.

    "It's been a tough decade for the industry due to the prolonged impacts of the financial crisis so the growth is a welcome relief," he added.

    More from the Financial Times

    Read More »from [$$] UK construction boosted by surge of big projects
  • Volkswagen May Report Earnings in April, Hold AGM in Early June

    Volkswagen AG said it will publish its annual results as soon as April and may hold the shareholders’ meeting in early June, four to six weeks later than scheduled as the company determines the financial fallout from the diesel emissions scandal.

    The company on Friday took the unusual step of announcing that both events had been pushed back, underscoring the the extent of the turmoil caused by the September disclosures of deceptive emissions systems in diesel cars. The earnings were scheduled for March 10 and the annual general meeting for April 21.

    More from Bloomberg.com: China's Foreign-Exchange Reserves Fall to $3.23 Trillion

    The emissions disclosures have already prompted the company to revise its earnings targets and set aside 6.7 billion euros ($7.5 billion) to cover the cost of repairs for about 11 million vehicles around the world. Still uncertain is how to meet tough pollution regulations in the U.S., where authorities rejected the carmaker’s first proposal.

    No dates for the

    Read More »from Volkswagen May Report Earnings in April, Hold AGM in Early June
  • What N. Korea rocket launch may mean for region and world

    SEOUL, South Korea (AP) — North Korea launched a long-range rocket Sunday, the first day of its announced eight-day launch window and about a month after the country's fourth nuclear test led to international condemnation.

    Already, world leaders are lining up to condemn the launch, which is being described as a potential threat to regional and world security.

    For help on what it all means, some things to consider about the North's latest move:

    ___

    SATELLITE LAUNCH OR MISSILE TEST?

    Washington, Seoul and others consider the launch a banned test of missile technology. That suspicion is based on the fact that Pyongyang has been openly pushing to manufacture nuclear-tipped missiles capable of striking the U.S. mainland and that the technology used to launch a satellite-carrying rocket into space can be applied to fire a long-range missile.

    Simply speaking, a rocket is called a space launch vehicle when it is used to send up a satellite into orbit, but it becomes a missile when its payload is a

    Read More »from What N. Korea rocket launch may mean for region and world
  • Rubio comes under withering criticism in Republican debate

    MANCHESTER, N.H. (AP) — Marco Rubio faced withering criticism of his readiness to be president and his policy depth in the last Republican debate before Tuesday's New Hampshire primary, as New Jersey Gov. Chris Christie and other candidates launched an aggressive campaign to slow the Florida senator's rise.

    Rubio's responded with an uneven performance on Saturday night that could hurt his bid to emerge as an alternative to Donald Trump and Texas Sen. Ted Cruz. If anything, his showing gave new hope to Christie, Jeb Bush and Ohio Gov. John Kasich, all of whom need strong finishes in New Hampshire to keep their White House bids afloat.

    Cruz, the Iowa caucuses winner, also took criticism at the debate for controversial political tactics, with one candidate disparaging him for having "Washington ethics" and being willing to test the campaign's legal limits.

    New Hampshire's primary could further winnow an already shrinking GOP field or leave the primary muddled. Hard-fought, expensive and

    Read More »from Rubio comes under withering criticism in Republican debate
  • [$$] Cameron accused of disrespect for grassroots

    David Cameron has been accused of showing "disrespect" by representatives from 43 local Conservative associations in the latest sign that his EU renegotiation is failing to win over his party.

    Many Eurosceptic grassroots Tories are angry about the prime minister's order to MPs to ignore their views, ahead of the UK's approaching referendum on EU membership.

    Mr Cameron told his MPs on Wednesday during prime minister's questions: "Don't take a view because of what your constituency association might say, or you're worried about a boundary review, or you think it might be advantageous."

    In the letter to The Sunday Telegraph, Conservative associations warned no prime minister had a "divine right to rule."

    More from the Financial Times

    Read More »from [$$] Cameron accused of disrespect for grassroots
  • Bosnian first-graders reach out to deaf schoolmate

    SARAJEVO, Bosnia-Herzegovina (AP) — When Mirzana Coralic asked the primary school in her Sarajevo neighborhood whether they would enroll her deaf son, teacher Sanela Ljumanovic volunteered without thinking much about it.

    Then September came and 6-year-old Zejd was there, silently sitting on one of the school's benches, his eyes wide open. At the time, no one at the school, not even Zejd, knew sign language.

    "We have to come up with something here," Ljumanovic remembers thinking.

    She tried to develop her own tricks and signs to communicate with Zejd but a parent had another idea, proposing that the whole class learn sign language with him.

    Three months later, the first-graders of class 1-2 at Osman Nakas primary school in Sarajevo have mastered the basics of sign language to communicate with their classmate.

    "Zejd," said Uma Nadarevic, 6, crossing her arms to sign his name. "Please," she then put her palms together as if she would be praying. "Can ... you ...show ...me ...our ...homework

    Read More »from Bosnian first-graders reach out to deaf schoolmate
  • Erdogan Signals Turkey Won't Stay Out of Syria If Asked to Join

    President Recep Tayyip Erdogan said his country should not repeat in Syria the same mistake it made in Iraq when it turned down a U.S. request to be part of the coalition that toppled Saddam Hussein.

    “We don’t want to fall into the same mistake in Syria as in Iraq,” the president said, recounting how Turkey’s parliament denied a U.S. request to use its territories for the invasion of Iraq in 2003. “It’s important to see the horizon. What’s going on in Syria can only go on for so long. At some point it has to change,” he told journalists on the return flight from a tour of Latin America, according to Hurriyet newspaper.

    Opposition forces supported by Turkey and Saudi Arabia are losing more ground to the troops of Syrian President Bashar al-Assad, who is backed by Hezbollah militants and Russian airstrikes. Turkey has repeatedly urged the U.S.-led coalition fighting Islamic State militants in Syria and Iraq to increase its support for moderate rebel groups seeking the ouster of Assad.

    More

    Read More »from Erdogan Signals Turkey Won't Stay Out of Syria If Asked to Join
  • N. Korea praises rocket; others view as covert missile test

    North Korea has defied international warnings and launched a long-range rocket that critics say is meant to test banned technology for a missile that could strike the U.S. mainland

    SEOUL, South Korea (AP) -- For North Korea's propaganda machine, the long-range rocket launch Sunday carved a glorious trail of "fascinating vapor" through the clear blue sky. For South Korea's president, and other world leaders, it was a banned test of dangerous ballistic missile technology and yet another "intolerable provocation."

    The rocket was launched from North Korea's west coast only two hours after an eight-day launch window opened Sunday morning, its path tracked separately by the United States, Japan and South Korea. No damage from debris was reported.

    North Korea, which calls its launches part of a peaceful space program, said it had successfully put a new Earth observation satellite, the Kwangmyongsong 4, or Shining Star 4, into orbit less than 10 minutes after liftoff. It vowed more such launches. A U.S. official said it might take days to assess whether the launch was a success.

    The launch follows

    Read More »from N. Korea praises rocket; others view as covert missile test

Blog Posts by Simplus Information Services

  • SEOUL, South Korea (AP) — The Latest on North Korea's launch of a long-range rocket (all times local):

    9:30 p.m.

    NATO Secretary-General Jens Stoltenberg has issued a strong condemnation of North Korea's rocket launch, calling it a "direct violation" of five U.N. Security Council resolutions.

    Stoltenberg said in a statement that the five resolutions "call for North Korea to suspend all activities related to its ballistic missile" program, to "re-establish its pre-existing commitments to a moratorium on missile launching and not to conduct any further nuclear test or any launch using ballistic missile technology."

    He said that "NATO continues to call on the North Korean authorities to comply with their obligations under international law, not to threaten with or conduct any launches using ballistic missile technology and to refrain from any further provocative actions."

    ___

    9:30 p.m.

    British Foreign Secretary Philip Hammond has criticized North Korea's rocket launch and said Britain would meet

    Read More »from The Latest: NATO chief strongly condemns N. Korea rocket
  • [$$] Wounded blood tester Theranos pins recovery on Arizona

    If the controversy engulfing Theranos has chastened the blood-testing start-up, it would be hard to tell in Arizona, by far the company's largest market, and the state where almost all its facilities are located. 

    Passengers landing at Sky Harbor Airport in Phoenix are greeted by a large billboard straddling the concourse of its main terminal, while television and radio networks are full of commercials touting the "Theranos revolution" - hassle-free blood tests that can be ordered without the say-so of a doctor. 

    Although Theranos has styled itself as a California native in the tradition of Silicon Valley disrupters, its fortunes are inextricably tied to Arizona, a state of 7m in the US south-west that is home to the Grand Canyon. 

    Here, patients can order medical tests for a variety of illnesses without seeing a doctor, after Arizona in 2015 became the only US state to change the law governing diagnostic testing after a lobbying effort from Theranos. 

    More from

    Read More »from [$$] Wounded blood tester Theranos pins recovery on Arizona
  • [$$] UK construction boosted by surge of big projects

    UK construction is expected to return to pre-recession levels for the first time this year because of a surge in road, rail and energy projects.

    Construction work is expected to rise 3.6 per cent in 2016 and 4.1 per cent in 2017, the Construction Products Association said. This will generate more than £10.4bn for the building industry, which accounts for 6.3 per cent of GDP.

    Noble Francis, economics director of the CPA, said that despite poor weather that slowed growth in January, the industry is "positive about the next 12-18 months because the fundamentals in the sector are still good.

    "It's been a tough decade for the industry due to the prolonged impacts of the financial crisis so the growth is a welcome relief," he added.

    More from the Financial Times

    Read More »from [$$] UK construction boosted by surge of big projects
  • Volkswagen May Report Earnings in April, Hold AGM in Early June

    Volkswagen AG said it will publish its annual results as soon as April and may hold the shareholders’ meeting in early June, four to six weeks later than scheduled as the company determines the financial fallout from the diesel emissions scandal.

    The company on Friday took the unusual step of announcing that both events had been pushed back, underscoring the the extent of the turmoil caused by the September disclosures of deceptive emissions systems in diesel cars. The earnings were scheduled for March 10 and the annual general meeting for April 21.

    More from Bloomberg.com: China's Foreign-Exchange Reserves Fall to $3.23 Trillion

    The emissions disclosures have already prompted the company to revise its earnings targets and set aside 6.7 billion euros ($7.5 billion) to cover the cost of repairs for about 11 million vehicles around the world. Still uncertain is how to meet tough pollution regulations in the U.S., where authorities rejected the carmaker’s first proposal.

    No dates for the

    Read More »from Volkswagen May Report Earnings in April, Hold AGM in Early June
  • What N. Korea rocket launch may mean for region and world

    SEOUL, South Korea (AP) — North Korea launched a long-range rocket Sunday, the first day of its announced eight-day launch window and about a month after the country's fourth nuclear test led to international condemnation.

    Already, world leaders are lining up to condemn the launch, which is being described as a potential threat to regional and world security.

    For help on what it all means, some things to consider about the North's latest move:

    ___

    SATELLITE LAUNCH OR MISSILE TEST?

    Washington, Seoul and others consider the launch a banned test of missile technology. That suspicion is based on the fact that Pyongyang has been openly pushing to manufacture nuclear-tipped missiles capable of striking the U.S. mainland and that the technology used to launch a satellite-carrying rocket into space can be applied to fire a long-range missile.

    Simply speaking, a rocket is called a space launch vehicle when it is used to send up a satellite into orbit, but it becomes a missile when its payload is a

    Read More »from What N. Korea rocket launch may mean for region and world
  • Rubio comes under withering criticism in Republican debate

    MANCHESTER, N.H. (AP) — Marco Rubio faced withering criticism of his readiness to be president and his policy depth in the last Republican debate before Tuesday's New Hampshire primary, as New Jersey Gov. Chris Christie and other candidates launched an aggressive campaign to slow the Florida senator's rise.

    Rubio's responded with an uneven performance on Saturday night that could hurt his bid to emerge as an alternative to Donald Trump and Texas Sen. Ted Cruz. If anything, his showing gave new hope to Christie, Jeb Bush and Ohio Gov. John Kasich, all of whom need strong finishes in New Hampshire to keep their White House bids afloat.

    Cruz, the Iowa caucuses winner, also took criticism at the debate for controversial political tactics, with one candidate disparaging him for having "Washington ethics" and being willing to test the campaign's legal limits.

    New Hampshire's primary could further winnow an already shrinking GOP field or leave the primary muddled. Hard-fought, expensive and

    Read More »from Rubio comes under withering criticism in Republican debate
  • [$$] Cameron accused of disrespect for grassroots

    David Cameron has been accused of showing "disrespect" by representatives from 43 local Conservative associations in the latest sign that his EU renegotiation is failing to win over his party.

    Many Eurosceptic grassroots Tories are angry about the prime minister's order to MPs to ignore their views, ahead of the UK's approaching referendum on EU membership.

    Mr Cameron told his MPs on Wednesday during prime minister's questions: "Don't take a view because of what your constituency association might say, or you're worried about a boundary review, or you think it might be advantageous."

    In the letter to The Sunday Telegraph, Conservative associations warned no prime minister had a "divine right to rule."

    More from the Financial Times

    Read More »from [$$] Cameron accused of disrespect for grassroots
  • Bosnian first-graders reach out to deaf schoolmate

    SARAJEVO, Bosnia-Herzegovina (AP) — When Mirzana Coralic asked the primary school in her Sarajevo neighborhood whether they would enroll her deaf son, teacher Sanela Ljumanovic volunteered without thinking much about it.

    Then September came and 6-year-old Zejd was there, silently sitting on one of the school's benches, his eyes wide open. At the time, no one at the school, not even Zejd, knew sign language.

    "We have to come up with something here," Ljumanovic remembers thinking.

    She tried to develop her own tricks and signs to communicate with Zejd but a parent had another idea, proposing that the whole class learn sign language with him.

    Three months later, the first-graders of class 1-2 at Osman Nakas primary school in Sarajevo have mastered the basics of sign language to communicate with their classmate.

    "Zejd," said Uma Nadarevic, 6, crossing her arms to sign his name. "Please," she then put her palms together as if she would be praying. "Can ... you ...show ...me ...our ...homework

    Read More »from Bosnian first-graders reach out to deaf schoolmate
  • Erdogan Signals Turkey Won't Stay Out of Syria If Asked to Join

    President Recep Tayyip Erdogan said his country should not repeat in Syria the same mistake it made in Iraq when it turned down a U.S. request to be part of the coalition that toppled Saddam Hussein.

    “We don’t want to fall into the same mistake in Syria as in Iraq,” the president said, recounting how Turkey’s parliament denied a U.S. request to use its territories for the invasion of Iraq in 2003. “It’s important to see the horizon. What’s going on in Syria can only go on for so long. At some point it has to change,” he told journalists on the return flight from a tour of Latin America, according to Hurriyet newspaper.

    Opposition forces supported by Turkey and Saudi Arabia are losing more ground to the troops of Syrian President Bashar al-Assad, who is backed by Hezbollah militants and Russian airstrikes. Turkey has repeatedly urged the U.S.-led coalition fighting Islamic State militants in Syria and Iraq to increase its support for moderate rebel groups seeking the ouster of Assad.

    More

    Read More »from Erdogan Signals Turkey Won't Stay Out of Syria If Asked to Join
  • N. Korea praises rocket; others view as covert missile test

    North Korea has defied international warnings and launched a long-range rocket that critics say is meant to test banned technology for a missile that could strike the U.S. mainland

    SEOUL, South Korea (AP) -- For North Korea's propaganda machine, the long-range rocket launch Sunday carved a glorious trail of "fascinating vapor" through the clear blue sky. For South Korea's president, and other world leaders, it was a banned test of dangerous ballistic missile technology and yet another "intolerable provocation."

    The rocket was launched from North Korea's west coast only two hours after an eight-day launch window opened Sunday morning, its path tracked separately by the United States, Japan and South Korea. No damage from debris was reported.

    North Korea, which calls its launches part of a peaceful space program, said it had successfully put a new Earth observation satellite, the Kwangmyongsong 4, or Shining Star 4, into orbit less than 10 minutes after liftoff. It vowed more such launches. A U.S. official said it might take days to assess whether the launch was a success.

    The launch follows

    Read More »from N. Korea praises rocket; others view as covert missile test

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