Reuters Morning Digest: February 25, 2016

Click to View in Browser Thursday, February 25, 2016 China says 'really needs' South China Sea defenses in face of United States BEIJING (Reuters) - China "really needs" its defenses in the South China Sea in the face of a militarization process being pushed by the United States, and can deploy whatever equipment it wants on its own soil, China's Defence Ministry said on Thursday. Senior German official denies media report on 3.6 million refugees by 2020 BERLIN (Reuters) - The head of Germany's Federal Office for Migration and Refugees on Thursday denied a media report which said Berlin was expecting a total influx of 3.6 million refugees by 2020. Japan's Sharp accepts takeover offer but Foxconn says won't yet sign TOKYO/TAIPEI (Reuters) - Sharp Corp on Thursday agreed to be bought by Foxconn in what would be the biggest takeover of a Japanese tech firm by a foreign company, but the Taiwanese company said it needed to clarify terms and was not ready to sign. Advertisers :( cannot use new Facebook 'reactions' to target viewers WASHINGTON/NEW YORK (Reuters) - Facebook Inc advertisers love the idea of using the social network's new anger, humor and other emoticon buttons to better target audiences, but they are :( that the company is not letting them do so right away. Virtual reality takes center stage at MWC With virtual reality (VR) on course to become a $1 billion global business, the launch of the eagerly-awaited HTC Vive VR headset has been one of the highlights of this year's Mobile World Congress (MWC) in Barcelona. Curry, Thompson turn on the power to cool off Heat (The Sports Xchange) - Point guard Stephen Curry scored 42 points and shooting guard Klay Thompson added 33 points as the Golden State Warriors rallied to defeat the Miami Heat 118-112 at AmericanAirlines Arena on Wednesday. BBC bosses unaware of star's sex crimes, but culture flawed: report LONDON (Reuters) - The BBC was guilty of serious failings over Jimmy Savile, the late TV presenter revealed to have been one of Britain's most prolific sex offenders, a major report by a former judge said on Thursday. Minnesota apologizes, revokes 'FMUSLMS' vanity license plate (Reuters) - Minnesota officials seized a "FMUSLMS" license plate and apologized for issuing it at a driver's request, saying on Wednesday that approval procedures for so-called vanity plates were under review. Related Video Australia warns of possible militant attacks in Indonesia Violent weather kills at least 4 in Virginia Great Debate One sure way to bring down Iran's pragmatists? An 'attaboy' from the U.S. Why Donald Trump has a 90 percent chance of winning the Republican nomination A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2016 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook