Mon Jul 2, 2012 3:43pm IST * Chipmaker plans to cut workforce, halve domestic plants * Renesas to secure 100 bln yen in loans from shareholders – sources * Shares slump 55 percent in past year By Mari Saito and Maki Shiraki TOKYO, July 2 (Reuters) – Japan’s Renesas Electronics Corp , seeking to dispel […]
Mon Jul 2, 2012 3:43pm IST * Chipmaker plans to cut workforce, halve domestic plants * Renesas to secure 100 bln yen in loans from shareholders – sources * Shares slump 55 percent in past year By Mari Saito and Maki Shiraki TOKYO, July 2 (Reuters) – Japan’s Renesas Electronics Corp , seeking to dispel […]
LAMU, Kenya (Reuters) – A British woman freed from captivity by Somali pirates in March told a Kenyan court on Monday she had never seen the man accused by Kenyan authorities of her kidnap, dealing a potential blow to the prosecution’s case. Judith Tebbutt, who testified from Britain via a video link, was abducted from […]
By Peter Apps, Political Risk Correspondent (Reuters) – Somali pirates seizing Indian Ocean ships were responsible for at least 35 hostage deaths in 2011, a report showed on Friday, with levels of violence rising. The number of prisoners taken by pirates fell to 555, at least, in 2011 from 645 in 2010, the report by the […]
Image supplied by TFG press release shows Acting Prime Minister Hussein Arab Isse with Pelizzari and Calitz following their release. By Reuters Mogadishu – A South African couple kidnapped by Somali pirates 20 months ago aboard a yacht in the Indian Ocean have been freed and flew out of Somalia on Thursday. Looking thin and stressed, […]
By Reuters The Iranian navy has announced plans to build more warships and increase its presence in international waters. Navy commander Rear Admiral Habibollah Sayyari said the deployments would protect Iranian cargo ships around the world, in particular in the Gulf of Aden and the northern part of the Indian Ocean, according to state news agency […]
China National Offshore Oil Corporation’s (CNOOC) oil rig in China’s South Sea is seen in this photograph taken February 2, 2004. Credit: Reuters/China Newsphoto By Charlie Zhu HONG KONG | Thu Jun 21, 2012 2:10am EDT (Reuters) – China has spent nearly $1 billion on an ultra-deepwater rig that appears intended to explore disputed areas […]
MOSCOW (Reuters) – Russia is preparing to send marines to Syria in the event that it needs to protect personnel and remove equipment from its naval facility in the Mediterranean port of Tartus, Interfax news agency reported on Monday. Syria is Moscow’s firmest foothold in the Middle East, buys weapons from Russia worth billions of […]
WASHINGTON (Reuters) – The United States and India agreed on Wednesday to deepen cooperation in the defense industry, maritime security and cyber security, with Washington highlighting what it said was a “closer convergence” of strategic interests. U.S. Secretary of State Hillary Clinton and visiting Indian Foreign Minister Somanahalli Mallaiah Krishna took pains after their third […]
PORT LOUIS (Reuters) – Mauritius has said it will receive and try suspected pirates captured by British forces patrolling the Indian Ocean under an agreement with the United Kingdom. The Indian Ocean nation’s Prime Minister Navinchandra Ramgoolam is expected to sign a memorandum of understanding (MoU) in London this weekend, helping overcome one of the […]