Day: April 1, 2019

Pope defends decision to keep French cardinal after cover-up

Pope Francis, flanked by interim director of Holy See Press Office, Alessandro Gisotti, speaks to reporters on board the flight back to Rome Pope Francis defended his decision to reject French Cardinal Philippe Barbarin’s resignation after he was convicted of covering up for a predator priest, saying Sunday the appeals process must run its course before a final decision is made. Francis also explained why he rejected proposals by U.S. bishops to respond to the […]

Messi haunted by failures but retirement still long way off

 Argentina’s Lionel Messi looks dejected Lionel Messi says he constantly replays Argentina’s 2014 World Cup final defeat in his head but has vowed that a recent international sabbatical was a one-off and he has no plans to retire in the near future. The Barcelona striker, speaking on an Argentine radio station on Friday, also surprised listeners by saying he misses Portuguese forward Cristiano Ronaldo, who left rivals Real Madrid for Juventus last year. “I miss […]

Asian stocks surge on China’s factory comeback, trade talks progress

A videographer films an electronic board showing the Japan’s Nikkei average (Top R) and related indexes at the Tokyo Stock Exchange (TSE) MSCI’s broadest index of Asia-Pacific shares outside Japan added 1 percent and the Shanghai Composite Index rallied 1.7 percent. Australian stocks climbed 0.8 percent, South Korea’s KOSPI gained 1 percent and Japan’s Nikkei advanced more than 2 percent. The markets took heart after China’s official purchasing managers’ index (PMI) released on Sunday showed […]

Samsung C&T, Samsung Electronics almost double cost of finishing new chip line

Attendees at Samsung Electronics Co Ltd’s Unpacked event test out the company’s new devices in San Francisco, California, U.S. Samsung C&T Corp and Samsung Electronics Co Ltd have almost doubled the size of a contract related to the construction of a semiconductor production line, taking the project’s total cost to 1.46 trillion won ($1.29 billion). The contract covers finishing work on the line at Samsung Electronics’ Hwaseong plant on South Korea’s west coast, Samsung C&T […]

The Lessons of Theresa May’s Third Brexit defeat

Britain’s Prime Minister Theresa May speaks in the Parliament in London, Britain Only one definite conclusion can be drawn from Theresa May’s latest parliamentary defeat. Britain will not leave the European Union on March 29, despite the prime minister’s repeated promises that it would. After lawmakers on Friday voted by a majority of 58 to reject her Brexit deal for the third time, the country will remain part of the bloc for at least another […]