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UBS beefs up funds for U.S. mortgage mis-selling case to $1.4 billion | | By Joshua Franklin and Angelika Gruber ZURICH (Reuters) - UBS revealed it had set aside an extra $417 million to cover potential penalties tied to mis-selling mortgage-backed securities ahead of the financial crisis as it delivered an 11 percent rise in third-quarter profit. Results from UBS on Friday showed the Swiss bank had upped provisions to cover a range of ongoing residential mortgage-backed securities (RMBS) legal to $1.405 billion, from $988 million previously. This follows news last month that the U.S. Department of Justice had demanded a $14 billion fine from Deutsche Bank in an RMBS investigation.
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IS using tens of thousands as human shields in Mosul - U.N. | | By Stephanie Nebehay GENEVA (Reuters) - Islamic State forces in Iraq have abducted tens of thousands of men, women and children from areas around Mosul and are using them as "human shields" in the city as Iraqi government troops advance, the U.N. human rights office said on Friday. The hardline Sunni militants, known as ISIL, killed at least 232 people on Wednesday, including 190 former Iraqi troops and 42 civilians who refused to obey their orders, U.N. human rights spokeswoman Ravina Shamdasani said. "Credible reports suggest that ISIL has been forcing tens of thousands of people from their homes in sub-districts around Mosul and have forcibly relocated numbers of civilians inside the city itself since the operation began on the 17th of October to restore Iraqi government control over Mosul," Shamdasani told a briefing.
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Yemen's suspected cholera cases soar to 1,410 within weeks - WHO | | The number of suspected cholera cases in Yemen has ballooned to 1,410 within three weeks of the outbreak being declared, the World Health Organization said on Friday, as 18 months of war has destroyed most health facilities and clean water supplies. Yemen's Health Ministry announced the outbreak on Oct. 6 in Sanaa city, and by Oct. 10 the WHO said there were 24 suspected cases. The following day, a WHO official in Yemen said there was "no spread of the disease".
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Poll: Most Republicans believe Russia is meddling in U.S. election | | By Alana Wise WASHINGTON (Reuters) - Most Republicans believe Russia is attempting to influence the U.S. presidential election, according to a Reuters/Ipsos poll, despite comments by the party's nominee, Donald Trump, downplaying the possibility. Some 55 percent of U.S. adults, including 51 percent of Republicans and 65 percent of Democrats, said they thought Russia was trying to tip the scales in the Nov. 8 presidential election, according to the survey.
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Pakistan police fire tear gas at stone-throwing supporters of opposition leader Imran Khan | | By Drazen Jorgic and Asad Hashim ISLAMABAD (Reuters) - Pakistani police on Friday fired tear gas at stone-throwing supporters of opposition leader Imran Khan who defied a ban on public gatherings, adding to political deadlock ahead of his plans to shut down the capital next week. Police surrounded the home of former cricket hero Khan, who called for nationwide protests after dozens of activists from his Pakistan Tehreek-e-Insaf (PTI) party were arrested a day earlier. The protests have added to the chaos ahead of Khan's plans to lock down the capital on Wednesday in what he described as a final push to force Prime Minister Nawaz Sharif to resign over corruption allegations.
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Ex-Miss Finland says Trump groped her | | HELSINKI (Reuters) - A former Miss Finland has accused U.S. presidential candidate Donald Trump of groping her in 2006 when she was representing the country in the Miss Universe beauty contest. Ninni Laaksonen told the Ilta-Sanomat newspaper that the Republican presidential nominee had grabbed her behind before she appeared on a television show in New York with other contestants. "He really grabbed my butt. I don't think anybody saw it but I flinched and thought: 'What is happening?'," Laaksonen was quoted as saying in the newspaper. ... |
Northern Ireland court rejects Brexit challenge | | By Amanda Ferguson BELFAST (Reuters) - Northern Ireland's High Court on Friday ruled that the law of the province did not restrict the British prime minister's ability to trigger an exit from the European Union, and that the consent of the regional parliament was not required. The case is the first judgment in legal cases around Brexit that are being closely watched by politicians and markets, including a case in London on whether May has the power to trigger Article 50. One of the plaintiffs, human rights activists Raymond McCord, said he would appeal against the ruling in the Supreme Court, Britain's highest judicial body. |
Pakistani police fire tear gas at stone-throwing opposition supporters - TV | | Pakistani police in the city of Rawalpindi on Friday used tear gas in clashes with stone-throwing supporters of Pakistani opposition leader Imran Khan defying a ban on public gatherings. There was no immediate report of injuries but TV stations carried footage of police firing tear gas and charging with batons at rock-hurling protesters. Several key roads in Rawalpindi, about 20 km (12 miles) from Islamabad, have been blocked off with containers ahead of Khan's planned appearance at a political rally. |
South Africa's Zuma asks court to postpone Gupta report hearing | | South African President Jacob Zuma has asked a court to postpone a hearing scheduled for Tuesday, when his application to delay the release of a report over allegations of political influence by his wealthy friends was due to be heard. Presidency spokesman Bongani Ngqulunga said Zuma's lawyers wrote to the court on Thursday saying he wanted the investigation to be re-opened so that he could question witnesses himself and give evidence. Brothers Ajay, Atul and Rajesh Gupta, who are close friends of Zuma and run businesses ranging from media to mining, are the subject of the report by the then Public Protector on allegations that they influenced the appointment of ministers.
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Myanmar probes Rohingya Muslim's death in custody during military operation | | By Simon Lewis YANGON (Reuters) - Myanmar is investigating the death in custody of a 60-year-old Rohingya Muslim, the office of President Htin Kyaw said, as a security sweep in the country's northwest is increasingly beset by allegations of human rights abuses. Security forces moved into northern Rakhine State after coordinated attacks on three border guard posts on Oct. 9 killed nine police officers. The sudden escalation of violence in Rakhine state poses a serious challenge to the six-month-old government led by Aung San Suu Kyi, who was swept to power in an election last year but has faced criticism abroad for failing to tackle rights abuses against the Rohingya and other Muslims.
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