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US President Barack Obama (right), with US Vice-President Joseph Biden, delivers remarks ahead of the release of his record 2017 budget in Washington, DC, the US, on Tuesday. Picture: EPA/SHAWN THEW

Obama sends congress record $4.1-trillion budget

US leader’s final budget represents his aspirations for curbing climate change, bolstering education and technology while also setting a marker in political campaign to succeed him

Americas

US Fed may not be permitted to set negative interest rates

Federal Reserve. Picture: AFP PHOTO/KAREN BLEIER

A 2010 document suggests the law that authorised the Fed to pay interest on excess reserves may not grant it the authority to charge interest

Europe

UN fears for hundreds of thousands as Aleppo offensive deepens

Russian-backed Aleppo bombardment one of the most important shifts of momentum in five year civil war that has killed 250,000 people and driven 11-million from their homes

Americas

First emissions-reduction standards for aircraft announced

Picture: REUTERS

The standards are aimed at makers of small and large aircraft and will apply to all new models launched after 2020, the United Nations aviation agency said

Europe

At least eight dead, over 100 injured in German train crash

Helicopters of rescue services and an ambulance are seen at a field near Bad Aibling in southwestern Germany, February 9, 2016. About eight people were seriously injured and 12 more slightly hurt in a train crash in the southern state of Bavaria on Tuesday, German police said. Picture: REUTERS/MICHAEL DALDER

Two commuter trains crash head-on in southern Germany in one of the country’s deadliest rail accidents in years

Americas

Obama to push for Wall Street reform in 2017 budget

US President Barack Obama.  Picture: REUTERS

President Barack Obama expected to call for an increase in funding for regulators, but Republican-controlled Congress is likely to oppose these proposals

Opinion

A Tory prime minister tackles UK’s race issue

David Cameron takes on underworld of discrimination in jails, universities and the workplace

North Korean people and soldiers celebrate North Korea's rocket launch in Pyongyang. Picture: AFP

NEWS ANALYSIS: China’s actions hold the key to defusing tension in North Korea

North Korea’s growing military threat could presage an arms build-up if China feels threatened by the rollout

Americas

Bloomberg’s ‘drawn up plans for an independent US presidential campaign’

Michael Bloomberg. Picture: AFP

Former New York mayor Michael Bloomberg says he finds the level of discourse among candidates for the US presidency ‘distressingly banal’ and an insult to voters

Americas

Obama to ask Congress for funds to fight Zika

Geovane Silva holds his son, Gustavo Henrique, who has microcephaly linked to the Zika virus, at the Oswaldo Cruz Hospital in Recife, Brazil, on Wednesday. Picture: REUTERS/UESLEI MARCELINO

White House says the money will be used to fight the virus in the US and abroad as well as to pursue a vaccine, president says there is no reason to panic

Other Sport

US ‘did not tell athletes to avoid Rio Games’ due to Zika

IOC president Thomas Bach addresses the media after the Executive Board meeting and IOC Session in Kuala Lumpur. Picture: AFP PHOTO/MANAN VATSYAYANA

The US Olympic Committee says Team USA is looking forward to the Rio Games and it ‘did not, would not and will not prevent athletes from competing’

Europe

German industrial output plunges in December

Picture: THINKSTOCK

The unexpectedly weak data raise questions about the future growth prospects of the traditionally export-orientated economy


International companies


Americas

SpaceX to attempt its second rocket launch of the year later this month

A remodeled version of the SpaceX Falcon 9 rocket rests on its pad. Picture: REUTERS/STEVE NESIUS

Elon Musk’s SpaceX has said it hopes to fire more than a dozen Falcon 9 rocket this year, and is looking to refly its rockets

Asia-Pacific

Small investors and quick bucks

Chinese markets. Picture: AFP/FRED DUFOUR

A new breed of small investor is riding China’s roller-coaster stock markets, looking for a quick buck and thriving on the volatility that has sent others scurrying to the exit

Facebook is using new features to lure advertisers in India, where revenue per user lags far behind the US. Picture: REUTERS/RICK WILKING

Facebook’s India stumble could embolden other regulators

India rules against differential data pricing but Facebook could challenge ruling in courts, say analysts

Americas

Argentina says it has made a breakthrough in its debt battle

Picture: ISTOCK

Buenos Aires claims a breakthrough in efforts to get US hedge funds off its back, but faces tricky manoeuvres to settle the dispute for good

Middle East

Israel pushes controversial NGO bill despite opposition

Israel's Prime Minister Benjamin Netanyahu chats with members of his party during a meeting of his Likud party in the Israeli parliament in Jerusalem on Monday. Picture: REUTERS

Bill that opponents say targets Israeli human rights groups critical of Israel’s policies towards Palestinians set to win initial approval in parliament with the support of country’s right-wing

Europe

VW sets sights on US to keep on trucking

CO-OPERATION: Volkswagen is looking to take advantage of synergies between its MAN, Scania and 
own-name truck brands. Picture: BLOOMBERG/JOCHEN ECKEL

Volkswagen’s heavy-truck division seeks to reap benefits of more independence within its rapidly reorganising parent company

Asia-Pacific

South Korea, US and Japan agree on how to handle North Korea

North Korea's rocket launch of the earth observation satellite Kwangmyong 4 at an undisclosed location in North Korea. Picture: AFP

US and its allies agree to work for ‘strong and effective’ United Nations sanctions against Pyongyang following its weekend rocket launch

Americas

US Olympic body shows Zika concern

PRECAUTIONS: Global health authorities suspect the mosquito-borne Zika virus has caused a spike in Brazil of  microcephaly, a birth defect marked by an abnormally small head. Picture: REUTERS

US Olympic Committee’s briefing is the latest sign that Olympics officials are taking Zika threat to the games in Rio de Janeiro seriously

Americas

White House hopefuls in final pitch in New Hampshire

Democratic presidential candidate Senator Bernie Sanders. Picture: AFP

US candidates fan out over snowy New Hampshire seeking to convert undecided voters ahead of crucial primary

Europe

EU weighs new rules for multinationals’ financial disclosures

Picture: THINKSTOCK

Bloc wants fast-track talks on country-by-country reporting rules with the aim of reaching ‘political agreement’ by next month

Asia-Pacific

North Korea lights fire under UN security body

North Korea's rocket launch of the earth observation satellite Kwangmyong 4 at an undisclosed location in North Korea. Picture: AFP

Diplomats say they expect the 15-nation body to condemn Pyongyang and redouble efforts to agree on new sanctions

Europe

At least 11 migrants reported to have drowned off Turkey

Ambulance personnel ferrying migrants rescued at sea by a helicopter, to a waiting ambulance, in the Altinoluk district in Balikesir. Picture: AFP

The migrants had set off from the western port city of Izmir in Turkey in an apparent attempt to reach the Greek island of Lesbos

Opinion

Clearing the air about Sino-smog

SMOGGY DAY: Men wearing protective masks talk on a street on a heavily polluted day in the Chinese capital, Beijing. Picture: REUTERS/KIM KYUNG-HOON

Correlation between wealth and pollution is complex as richer countries may not be reducing pollution, but exporting it

Carlyle Group.  Picture: REUTERS/KEITH BEDFORD

Africa appeals to the discerning

Private equity firms that invest in Africa and leverage their global relationships can expect rewards, writes Aishetu Fatima Dozie

Middle East

Iraq’s army prepares to retake Mosul, say officials

Members of Iraqi Shiite Badr Army. Picture: EPA/ALI MOHAMMED

Islamic State seized Mosul in June 2014 and has held Iraq’s second city largely unopposed for more than 18 months

Asia-Pacific

Hi-tech monitors link specialists with patients in another city

Screens in electronic intensive care units allow doctors to suggest treatment after assessing patients who are fighting for their lives in distant facilities

Middle East

Merkel condemns Russian-backed attacks in Syria

Turkey's prime minister calls for Nato’s help in refugee crisis and labels Russia’s bombardment of neighbouring Syria an ‘ethnic massacre’

Americas

US reassures South Korea and Japan of commitment to their defence

LIFT OFF: North Korea launched on Sunday a long-range rocket, which resulted in the US and South Korea calling for stronger sanctions. Picture: REUTERS

This follows North Korea’s putting a satellite into orbit on Sunday, which the US and its allies see as cover for Pyongyang’s development of ballistic missile technology

Americas

Not even Zika can stop the Rio carnival

A member of the Grande Rio samba school performs during the first day of the Carnival parade at the Sambadrome in Rio de Janeiro on Sunday, February 7 2016. Picture: EPA

With crazy costumes, pulsating music and a dab of mosquito repellent, performers swat aside concern about the virus to enjoy the world’s biggest party

Asia-Pacific

Rescuers find two more survivors after Taiwanese earthquake

A man is rescued from a collapsed building on Monday after a 6.4 magnitude earthquake struck Tainan City in southern Taiwan on Saturday. More than 100 people were missing dozens killed, authorities said. Picture: EPA

Mayor warns that death toll after quake in Tainan is likely to exceed 100 as rescue efforts focus on the wreckage of the 17-storey building

Asia-Pacific

Malaysian police target online critics of prime minister

Malaysian Prime Minister Najib Razak speaks at his office in Putrajaya, outside Kuala Lumpur, on February 6. Picture: AFP PHOTO/MOHD RASFAN

Malaysian police take to social media to issue warnings to critics of scandal-hit Prime Minister Najib Razak in an unusual online campaign that critics say is unlikely to work

Asia-Pacific

Chinese central bank consumes reserves of $99bn in a month

Picture: THINKSTOCK

Policy makers fighting to hold up weakening yuan amid slower economic growth, plunging stocks and increasing outflows have been burning through reserves

Asia-Pacific

North Korea triggers fresh outrage with space rocket launch

North Korea's rocket launch of the earth observation satellite Kwangmyong 4 at an undisclosed location in North Korea. Picture: AFP

Rocket launch widely condemned as another defiant step towards a missile capable of striking the US mainland

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