WASHINGTON (Reuters) - President Barack Obama's budget
proposals will include a minimum tax of 19 percent on U.S.-based
companies' future foreign earnings and a 14 percent tax on their
stockpiled offshore profits, Bloomberg news said on Saturday,
citing two people familiar with the budget.
TOKYO (Reuters) - Islamic State militants said they had
beheaded a second Japanese hostage, journalist Kenji Goto,
prompting Prime Minister Shinzo Abe to vow to step up humanitarian
aid to the group's opponents in the Middle East and help bring his
killers to justice.
(Reuters) - The auto industry's air bag troubles deepened on
Saturday as U.S. federal safety regulators said three big
automakers will recall about 2.1 million older vehicles to fix
defects that could cause air bags to deploy when they are not
BEIRUT/TOKYO (Reuters) - Islamic State militants said on
Saturday they had beheaded a second Japanese hostage, journalist
Kenji Goto, after the failure of international efforts to secure
his release through a prisoner swap.
N'DJAMENA (Reuters) - Chadian forces have killed 120
militants from Boko Haram in a battle in the north of neighbouring
Cameroon that began when the insurgents attacked its troops, the
army said in a statement on Saturday, adding that three of its
soldiers were killed.
MINSK/KIEV (Reuters) - Peace talks on Ukraine collapsed on
Saturday after just over four hours with no tangible progress
towards a new ceasefire but with Ukraine's representative and
separatist envoys angrily accusing each other of sabotaging the
WASHINGTON (Reuters) - Kurdish ground forces, helped by U.S.
and allied air support, have retaken the Syrian town of Kobani from
Islamic State militants, U.S. Lieutenant-General James Terry said
BERLIN/HELSINKI (Reuters) - German Chancellor Angela Merkel
ruled out a debt writedown for Greece on Saturday, and a European
Central Bank policymaker threatened to cut off funding to Greek
banks if Athens does not agree to renew its bailout package.