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No German money for Greek "bottomless pit" - minister
Reuters - 21 minutes ago
BERLIN (Reuters) - Germany will not "pour money into a bottomless pit" and patience with Greece is growing thin ahead of a new election in the Mediterranean country, a conservative member of Chancellor Angela Merkel's cabinet was quoted on Saturday as saying. Interior Minister Hans-Peter Friedrich told the Leipziger Volkszeitung newspaper that Germany, Europe's largest economy and the biggest contributor to rescue efforts, is glad to help Greece help itself but expects it to honour its agreements. "We're not willing to pour money into a bottomless pit," he told the newspaper. ... More »No German money for Greek "bottomless pit" - minister
ThyssenKrupp CEO sees Steel Americas loss next year
Reuters - 31 minutes ago
FRANKFURT (Reuters) - ThyssenKrupp's Steel Americas business, which the company may put up for sale, will continue posting operating losses until at least next year, Chief Executive Heinrich Hiesinger told a German newspaper. "It would be unrealistic to expect operating figures in the black in America next year following a likely triple-digit million euro loss for the current year," weekly Euro am Sonntag quoted Hiesinger as saying. ... More »ThyssenKrupp CEO sees Steel Americas loss next year
Direct yuan-yen trading could start in June - media
Reuters - 36 minutes ago
TOKYO (Reuters) - Japan and China plan to start direct trading of the yen and yuan as early as June, aiming to make trade and financial transactions between the countries easier, Japanese media reported on Saturday. The step follows an agreement between the leaders of Asia's two largest economies in December to promote direct trading of their currencies without the interim step of using dollars to set exchange rates. The two countries are planning to set up markets in Tokyo and Shanghai for this trading, the Yomiuri newspaper and other media reported. ... More »Direct yuan-yen trading could start in June - media
Canada's RIM to cut at least 2000 jobs - report
Reuters - 40 minutes ago
TORONTO (Reuters) - Research In Motion Ltd is preparing for a major restructuring beginning in the next couple of weeks that will see it eliminate at least 2,000 jobs worldwide, the Globe and Mail reported on Saturday, citing unnamed sources. The Canadian newspaper, citing several people close to the company, reported that the next round is layoffs is said to be planned for around June 1 - a day before the BlackBerry smartphone maker's first quarter ends - but some expect the announcement even earlier. ... More »Canada's RIM to cut at least 2000 jobs - report
Spain's Bankia eyes stake sales after record bailout
Reuters - 43 minutes ago
MADRID (Reuters) - Spain's Bankia on Saturday prepared to sell stakes it holds in companies as part of its clean-up after a state rescue of the real estate-laden bank that has so far cost 23.5 billion euros (18.77 billion pounds). Bankia asked for a higher-than-expected 19 billion euros in government help on Friday, in addition to 4.5 billion the state has already pumped in, to cover possible losses on repossessed property and loans, in the biggest bank rescue ever in Spain. Losses at Spanish banks, which are rising in an economic downturn with 24. ... More »Spain's Bankia eyes stake sales after record bailout
Pope's butler charged over leaks scandal
Reuters - 51 minutes ago
VATICAN CITY (Reuters) - Vatican magistrates formally charged Pope Benedict's butler with illegal possession of secret documents on Saturday and said a wider investigation would take place to see if he had any accomplices who helped him leak them. Paolo Gabriele is suspected of leaking highly sensitive documents, some alleging cronyism and corruption in Vatican contracts, in a scandal which has come to be known as "Vatileaks". A statement referred to Gabriele, 46, who was until his arrest on Wednesday night serving the pope meals and helping him dress, as "the defendant". ... More »Pope's butler charged over leaks scandal
Man Murdered As Gunman Opens Fire In Pub
Sky News - 53 minutes ago
A 23-year-old man has been killed and three others hurt after a masked gunman opened fire at a pub where a 60th birthday party was being held in Greater Manchester. More »Man Murdered As Gunman Opens Fire In Pub
Over 90 killed in Syria massacre, activists say
Reuters - 56 minutes ago
BEIRUT (Reuters) - A Syrian artillery barrage killed more than 90 people, including dozens of children, in the worst violence since the start of a U.N. peace plan to staunch the flow of blood from Syria's uprising, activists said on Saturday. The bloodied bodies of children, some with their skulls split open, were shown in footage posted to YouTube purporting to show the victims of the shelling in the central town of Houla on Friday. The sound of wailing filled the room. ... More »Over 90 killed in Syria massacre, activists say
Not such a happy birthday for Curtis after 81
Reuters - 59 minutes ago
VIRGINIA WATER (Reuters) - Former British Open champion Ben Curtis's 35th birthday celebrations on Saturday were somewhat muted after ending his PGA Championship third round with two triple-bogey eights to slump to an 81. More »Not such a happy birthday for Curtis after 81
Iran has enough uranium for 5 bombs - expert
Reuters - 1 hour 22 minutes ago
VIENNA (Reuters) - Iran has significantly stepped up its output of low-enriched uranium and total production in the last five years would be enough for at least five nuclear weapons if refined much further, a U.S. security institute said. The Institute for Science and International Security (ISIS), a think-tank which tracks Iran's nuclear programme closely, based the analysis on data in the latest report by the U.N. International Atomic Energy Agency (IAEA) which was issued on Friday. ... More »Iran has enough uranium for 5 bombs - expert
Bouma and Willems grab Dutch squad berths
Reuters - 1 hour 24 minutes ago
ROTTERDAM (Reuters) - Defenders Wilfred Bouma and Jetro Willems were the surprise names in the Netherlands squad for Euro 2012 with Vurnon Anita, Siem de Jong, Adam Maher and Jeremain Lens all missing out. More »Bouma and Willems grab Dutch squad berths
WHO agrees to tackle research on neglected diseases
AFP - 1 hour 24 minutes ago
Campaigners on Saturday welcomed a World Health Organization pledge to tackle research and funding gaps concerning some of the developing world's biggest killer diseases. More »WHO agrees to tackle research on neglected diseases
Cannes gets happy ending with river film "Mud"
Reuters - 1 hour 28 minutes ago
CANNES, France (Reuters) - "Mud", a touching coming-of-age tale set on the Mississippi River and starring Matthew McConaughey and Reese Witherspoon, brought the Cannes film festival competition to a close on Saturday, earning warm applause at a press screening. The film, which echoes Mark Twain and his novel "The Adventures of Huckleberry Finn", centres on Ellis - played by up-and-coming actor Tye Sheridan, who was 14 at the time. Along with best friend Neckbone, he comes across the mysterious Mud (McConaughey) who is living alone on an island. ... More »Cannes gets happy ending with river film "Mud"
Anger In Syria After Ceasefire 'Massacre'
Sky News - 24 minutes ago
Human rights activists have told Sky News that 96 people, including 25 children, have been killed by Syrian government forces in the western area of Houla. More »Anger In Syria After Ceasefire 'Massacre'
German Attitude On Euro Crisis Is Changing
Sky News - 1 hour 34 minutes ago
There are a few subtleties to the great euro crisis you only really pick up when you spend a bit of time on the other side of the Channel. More »German Attitude On Euro Crisis Is Changing
Bresnan sees off West Indies centurions
Reuters - 1 hour 34 minutes ago
NOTTINGHAM (Reuters) - England talisman Tim Bresnan blew away West Indies' main resistance with three key wickets on the second day of the second test at Trent Bridge on Saturday. More »Bresnan sees off West Indies centurions
'Nervous' Humperdinck Carries UK's Hopes
Sky News - 1 hour 35 minutes ago
More than 100 million people are expected to tune into tonight's Eurovision Song Contest, as veteran performer Engelbert Humperdinck carries UK hopes. More »'Nervous' Humperdinck Carries UK's Hopes
Islamist and ex-PM vie for mantle of Egypt's revolt
Reuters - 1 hour 38 minutes ago
CAIRO (Reuters) - The Muslim Brotherhood and a military man identified with the police state of the ousted Hosni Mubarak courted defeated first-round candidates in Egypt's presidential election on Saturday, each trying to claim the mantle of the revolution for a runoff next month. State media named the Brotherhood's Mohamed Mursi and former air force chief Ahmed Shafiq as the top two vote-getters in this week's first round of a close-fought election made possible by last year's popular revolt. ... More »Islamist and ex-PM vie for mantle of Egypt's revolt
McGuinness in attack on dissidents
Press Association - 1 hour 38 minutes ago
Dissident republicans opposed to the peace process are the enemies of Ireland and are engaged in pointless violence, Martin McGuinness has said. More »McGuinness in attack on dissidents
Yemen's army says recaptured rebel positions
Reuters - 1 hour 46 minutes ago
ADEN (Reuters) - The Yemeni army battled al Qaeda-linked militants deep inside Zinjibar on Saturday, recapturing key positions in the rebel-held southern city and killing at least 62 Islamist fighters, a military official said. The official said four government soldiers died and four were wounded in the fighting, part of an offensive that began earlier this month to uproot Islamist militants from southern Yemen. He said many of the dead militants were Somalis. ... More »Yemen's army says recaptured rebel positions
Regime forces pound Homs, '9 killed across Syria'
AFP - 1 hour 52 minutes ago
Syrian regime forces on Saturday pounded rebel positions in central Homs province, with nine people killed in violence across the country, including four civilians, a monitoring group reported. More »Regime forces pound Homs, '9 killed across Syria'
Cannes' Middle East films show Arab Spring unfurl
Reuters - 1 hour 54 minutes ago
CANNES, France (Reuters) - The "Arab Spring" is the focus of two movies at Cannes this year as film makers present tentative steps towards democracy on the big screen, one year after political upheaval in Libya and Egypt. While both films deal with contemporary events in the Middle East, "The Oath of Tobruk" ("Le Serment de Tobrouk") is a French-language documentary about the Libyan war with a highly subjective slant. "After the Battle" ("Baad el Mawkeaa") is a fictional account of the uprising in Cairo from Egyptian director Yousry Nasrallah. ... More »Cannes' Middle East films show Arab Spring unfurl
Windies Out For 370
Sky News - 1 hour 59 minutes ago
England finally bowled out the West Indies on the second morning of the second test but not before captain Darren Sammy made his maiden test century. More »Windies Out For 370
Italy PM Monti defends tax authorities as protests mount
Reuters - 2 hours 1 minute ago
ROME (Reuters) - Italian Prime Minister Mario Monti faced protests and catcalls on Saturday as he defended tax authorities against attacks fuelled by his government's unpopular austerity measures. Monti's speech to a passing-out parade of new officers of the Guardia di Finanza tax police in the northern city of Bergamo was met by a small plane trailing a banner reading "Enough with Monti, enough with taxes". ... More »Italy PM Monti defends tax authorities as protests mount
Four killed in Iraq attacks
AFP - 2 hours 3 minutes ago
Attacks north of Baghdad on Saturday killed four people, including three soldiers who died in a bombing, security and medical officials said. More »Four killed in Iraq attacks

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Yahoo! News

Developing

More News

No German money for Greek "bottomless pit" - minister

ThyssenKrupp CEO sees Steel Americas loss next year

Direct yuan-yen trading could start in June - media

Canada's RIM to cut at least 2000 jobs - report

Spain's Bankia eyes stake sales after record bailout

Pope's butler charged over leaks scandal

Man Murdered As Gunman Opens Fire In Pub

Over 90 killed in Syria massacre, activists say

Not such a happy birthday for Curtis after 81

Iran has enough uranium for 5 bombs - expert

Bouma and Willems grab Dutch squad berths

WHO agrees to tackle research on neglected diseases

Cannes gets happy ending with river film "Mud"

Anger In Syria After Ceasefire 'Massacre'

German Attitude On Euro Crisis Is Changing

Bresnan sees off West Indies centurions

'Nervous' Humperdinck Carries UK's Hopes

Islamist and ex-PM vie for mantle of Egypt's revolt

McGuinness in attack on dissidents

Yemen's army says recaptured rebel positions

Regime forces pound Homs, '9 killed across Syria'

Cannes' Middle East films show Arab Spring unfurl

Windies Out For 370

Italy PM Monti defends tax authorities as protests mount

Four killed in Iraq attacks

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