Deadline passes in U.S. refinery workers contract talks

HOUSTON (Reuters) - Union leaders and oil companies were unable to agree on a new labor accord on Saturday for workers at 63 U.S. refineries as a deadline passed that could lead to a strike.

from Reuters: Most Read Articles http://ift.tt/1HBTZSy http://www.reuters.com

Three climbers rescued after fall on Oregon's Mt. Hood

PORTLAND, Ore. (Reuters) - Two mountain climbers were rescued by helicopter on Saturday after they fell on Oregon's Mount Hood at an altitude of more than 10,000 feet (3,048 meters), and a third climber was helped down the mountain on foot, authorities said.

from Reuters: Most Read Articles http://ift.tt/1BIKMPN http://www.reuters.com

China factory sector jolts by shrinking in January

BEIJING (Reuters) - China's factory sector unexpectedly shrank for the first time in nearly 2-1/2 years in January and firms see more gloom ahead, an official survey showed, raising expectations that policymakers will take more action to forestall a sharper slowdown.

from Reuters: Most Read Articles http://ift.tt/1vnJz3L http://www.reuters.com

UPDATE 2-China factory sector jolts by shrinking in January

* Rate cut coming in first quarter- ANZ (Adds comment, details)

from Reuters: Most Read Articles http://ift.tt/1vnJA7K http://www.reuters.com

Obama's budget proposals include 19 percent tax on foreign earnings: Bloomberg

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.

from Reuters: Most Read Articles http://ift.tt/1vnJz3y http://www.reuters.com

Islamic State says it has beheaded second Japanese hostage Goto

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.

from Reuters: Most Read Articles http://ift.tt/1vnJz3w http://www.reuters.com

Chad army says kills 120 Boko Haram militants in Cameroon

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.

from Reuters: Most Read Articles http://ift.tt/1vnJzRi http://www.reuters.com