Developing

  • British police ponder conspiracy after soldier murder

    Reuters - Fri, May 24, 2013

    By Guy Faulconbridge and Michael Holden LONDON (Reuters) - Police investigating the murder of a soldier hacked to death on a busy London street were looking on Friday into whether the two suspected killers, British men of Nigerian descent, were part of a wider conspiracy. The two suspects, aged 22 and 28, are under guard in hospitals after being shot and arrested by police following the murder of 25-year-old Afghan war veteran Lee Rigby on Wednesday in broad daylight. They have not yet been charged. ... More »British police ponder conspiracy after soldier murder

  • Goldman unveils checks on conflicts in bid to fix image

    Reuters - Fri, May 24, 2013

    By Lauren Tara LaCapra SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's Lloyd Blankfein claimed success in putting the bank and his legacy as CEO back on track. At Goldman's annual meeting on Thursday, Blankfein unveiled details of a three-year review and overhaul of the bank's practices in dealing with clients, following high-profile missteps that tarnished its reputation in the aftermath of the financial crisis. ... More »Goldman unveils checks on conflicts in bid to fix image

  • Former Goldman banker settles SEC 'pay-to-play' charges

    Reuters - Fri, May 24, 2013

    By Lisa Lambert and Jonathan Stempel WASHINGTON/CHICAGO (Reuters) - A former Goldman Sachs Group Inc. investment banker has agreed to a five-year securities industry ban and a record fine to settle U.S. Securities and Exchange Commission charges that he broke rules against influence peddling to win bond underwriting business in Massachusetts. Without admitting or denying wrongdoing, Neil Morrison, 38, accepted what the SEC said was the first industry ban for violating "pay-to-play" rules governing the $3.7 trillion (2.44 trillion pounds) municipal bond market. ... More »Former Goldman banker settles SEC 'pay-to-play' charges

  • One dead, about 10 injured in Guinea opposition protest

    Reuters - Fri, May 24, 2013

    By Saliou Samb CONAKRY (Reuters) - One person was killed and about were 10 injured when security forces and supporters of Guinea's president clashed with protesters marching in the capital on Thursday against planned legislative elections. President Alpha Conde's opponents say he plans to rig the long-delayed polls due to take place on June 30. Conde took office in 2010 following the first democratic transfer of power in the mineral-rich nation since independence in 1958. ... More »One dead, about 10 injured in Guinea opposition protest

  • Police ponder conspiracy after soldier murder

    Reuters - Fri, May 24, 2013

    By Guy Faulconbridge and Michael Holden LONDON (Reuters) - Police investigating the murder of a soldier hacked to death on a busy London street were looking on Friday into whether the two suspected killers, British men of Nigerian descent, were part of a wider conspiracy. The two suspects, aged 22 and 28, are under guard in hospitals after being shot and arrested by police following the murder of 25-year-old Afghan war veteran Lee Rigby on Wednesday in broad daylight. They have not yet been charged. ... More »Police ponder conspiracy after soldier murder

  • Dish adds Scotiabank to finance Sprint deal -sources

    Reuters - Fri, May 24, 2013

    By Nicola Leske (Reuters) - Dish Network Corp has added Canada's Scotiabank to the four banks it had already lined up to finance its $25.5 billion bid for Sprint Nextel Corp, according to two people familiar with the matter. Reuters reported on May 15 that Dish was working with Barclays Plc, Macquarie Group, Jefferies and the Royal Bank of Canada to help finance around $9 billion in debt needed for the offer but that it was still finalizing details. ... More »Dish adds Scotiabank to finance Sprint deal -sources

  • Islamists kill 21 in suicide attacks in Niger

    Reuters - Fri, May 24, 2013

    By Abdoulaye Massalatchi NIAMEY (Reuters) - Islamist suicide bombers struck an army barracks and a French-run uranium mine in Niger on Thursday, officials said, killing 21 people and wounding dozens more in attacks that showed militant violence spreading in West Africa. The coordinated dawn assaults on Areva's mine at Arlit and the military base in Agadez were claimed by the MUJWA militant group in retaliation for a French-led offensive this year against Islamist insurgents in neighbouring Mali. ... More »Islamists kill 21 in suicide attacks in Niger

  • Laura Sandys MP: Busting Myths for National Epilepsy Week

    Epolitix - Fri, May 24, 2013

    Laura Sandys writes as an Epilepsy sufferer and chair of the APPG in parliament. The disease affects more than half a million people in the UK. More »Laura Sandys MP: Busting Myths for National Epilepsy Week

  • Hulu video site auction attracts four bidders - sources

    Reuters - Fri, May 24, 2013

    By Ronald Grover LOS ANGELES (Reuters) - Former News Corp president Peter Chernin and private equity fund Guggenheim Digital Media have placed bids for Hulu, two people with knowledge of the matter told Reuters, triggering a tug-of-war for the online video service. Satellite operator DirecTV and cable operator Time Warner Cable Inc also put in bids, one of the people told Reuters. ... More »Hulu video site auction attracts four bidders - sources

  • Factbox - Obama outlines steps toward closing Guantanamo prison

    Reuters - Fri, May 24, 2013

    (Reuters) - U.S. President Barack Obama outlined steps on Thursday aimed at the eventual closure of the Guantanamo Bay military prison. Following are some facts about the detention operation at the U.S. Naval base in eastern Cuba: * The United States set up the prison after U.S.-led forces invaded Afghanistan in pursuit the al Qaeda network behind the hijacked plane attacks that killed nearly 3,000 people in New York, the Pentagon and rural Pennsylvania on September 11, 2001. ... More »Factbox - Obama outlines steps toward closing Guantanamo prison

  • Lawsuits seek more than U.S. acknowledgement of drone killings

    Reuters - Thu, May 23, 2013

    By David Ingram WASHINGTON (Reuters) - President Barack Obama is facing demands in court to reveal more about the U.S. drone program, despite his speech addressing it on Thursday and his government's acknowledgement a day earlier that four Americans have died in drone strikes. Civil liberties advocates, news organizations and the families of those who died have brought lawsuits in New York, Washington and Oakland, California, challenging the government's refusal to provide information. ... More »Lawsuits seek more than U.S. acknowledgement of drone killings

  • ITC says Microsoft did not violate Google patent

    Reuters - Thu, May 23, 2013

    WASHINGTON (Reuters) - Microsoft Corp won a round in a complex patent war on Thursday when the International Trade Commission said the company's popular Xbox entertainment system did not violate a patent owned by Google subsidiary Motorola Mobility. If the ITC had found that Microsoft infringed, it could have barred the Xbox from being imported into the United States. The fight over the Xbox is related to a larger smartphone patent war between Apple, Microsoft and the mobile phone makers who use Google's Android software, including Motorola Mobility. ... More »ITC says Microsoft did not violate Google patent

  • Obama orders review of guidelines for probing journalists

    Reuters - Thu, May 23, 2013

    By Jeff Mason WASHINGTON (Reuters) - President Barack Obama said on Thursday he directed Attorney General Eric Holder to conduct a review of Department of Justice guidelines for investigations that involve journalists and report back by early July. Obama has come under criticism for his administration's pursuit of journalists who have reported leaked material. In recent weeks, it emerged that the Justice Department seized Associated Press phone records as part of a probe into leaks about a 2012 Yemen-based plot to bomb a U.S. ... More »Obama orders review of guidelines for probing journalists

  • Mass sell-off in Spain's Bankia hit small investors

    Reuters - Thu, May 23, 2013

    MADRID (Reuters) - Small investors in shares of in Spain's nationalised lender Bankia suffered new massive losses on Thursday as the stock plunged by more than 50 percent amid an abnormally high volume of trading which the stock market regulator said would be looked at closely. Tens of thousands of small savers, who were often missold preference shares and hybrid debt in Bankia, swapped their investment for ordinary shares on Thursday at a an average discount of around 40 percent. ... More »Mass sell-off in Spain's Bankia hit small investors

  • 'S.W.A.T.' actor Steve Forrest dead at age 87

    Reuters - Thu, May 23, 2013

    LOS ANGELES (Reuters) - U.S. actor Steve Forrest, who was best known for a leading role on the short-lived 1970s television drama "S.W.A.T.," has died at the age of 87 in Thousand Oaks, California, near Los Angeles, his wife Christine said on Thursday. Forrest appeared in 1954's "Prisoner of War," which also featured Ronald Reagan, who was later elected U.S. president. In 1960's "Flaming Star," he played alongside Elvis Presley and Barbara Eden. Forrest's older brother, Dana Andrews, was the star of 1940s films "Laura" and "The Best Years of Our Lives. ... More »'S.W.A.T.' actor Steve Forrest dead at age 87

  • Obama tackles drones, Guantanamo in reset of war on terror

    AFP - Thu, May 23, 2013

    President Barack Obama Thursday laid out new guidelines for drone strikes and launched a new bid to close Guantanamo Bay, warning that a "perpetual" US war on terror would be self defeating. More »Obama tackles drones, Guantanamo in reset of war on terror

  • Analysis - Markets face rough summer ride as Fed pullback feared

    Reuters - Thu, May 23, 2013

    By Rodrigo Campos NEW YORK (Reuters) - For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. But signs that the central bank is discussing reducing that support by purchasing fewer bonds mean that trading is likely to get bumpier in coming months. ... More »Analysis - Markets face rough summer ride as Fed pullback feared

  • Woolwich: Family Tribute To Soldier Lee Rigby

    Sky News - Thu, May 23, 2013

    The family of Drummer Lee Rigby, who was killed in a terrorist attack in Woolwich, have said he would do "anything for anybody". More »Woolwich: Family Tribute To Soldier Lee Rigby

  • Pittsburgh on the Hudson? Wrong city in NY City campaign logo

    Reuters - Thu, May 23, 2013

    NEW YORK (Reuters) - For New York City mayoral hopeful Anthony Weiner, the road to City Hall leads through Pittsburgh. Weiner, the candidate who infamously resigned from the U.S. Congress two years ago in a sexting scandal, unveiled a video announcing his mayoral candidacy and a campaign logo on his website on Wednesday. The logo is written in blue and orange - the colours of Weiner's beloved New York Mets baseball team. But the image of the skyline that forms its backdrop, while similar to iconic images of New York's Brooklyn Bridge, is actually that of Pittsburgh's Roberto Clemente Bridge. ... More »Pittsburgh on the Hudson? Wrong city in NY City campaign logo

  • Polish PM wants early party leadership election - media

    Reuters - Thu, May 23, 2013

    WARSAW (Reuters) - Polish Prime Minister Donald Tusk wants to bring forward an election for the leadership for his party so he can face down rivals emboldened by the worsening state of the economy, local media said on Thursday. Tusk's Civic Platform was expected to hold an election early next year for the post of party leader, currently held by the prime minister, but Tusk said at a party meeting he wanted them in July, the TVN24 broadcaster quoted party sources as saying. Members of Civic Platform's executive were not immediately available to comment. ... More »Polish PM wants early party leadership election - media

  • Porto negotiating possible sale of midfield duo to Monaco

    Reuters - Thu, May 23, 2013

    LISBON (Reuters) - Portuguese champions Porto are negotiating the possible sale of midfield duo Joao Moutinho and James Rodriguez to Monaco, club president Jorge Nuno Pinto da Costa said on Thursday. Costa said negotiations over Portuguese international Moutinho and Colombia's Rodriguez started after Porto clinched their third consecutive league title on Sunday. "I only got the news that there was interest on Sunday. We are negotiating," he said in an interview with Portuguese television RTP. He did not confirm media reports that a deal could be worth up to 70 million euros (59. ... More »Porto negotiating possible sale of midfield duo to Monaco

  • Syrian opposition scrambles to save credibility ahead of peace talks

    Reuters - Thu, May 23, 2013

    By Khaled Yacoub Oweis and Ece Toksabay ISTANBUL (Reuters) - The Syrian opposition in exile met on Thursday to decide whether to attend a peace conference that the United States and Russia see as a crucial path to ending two years of civil war. Under international pressure to swiftly resolve internal divisions, the Syrian National Coalition began talks in Istanbul to elect a coherent leadership and decide on the conference which could take place in Geneva in the coming weeks. ... More »Syrian opposition scrambles to save credibility ahead of peace talks

  • Sushi's Abenomics wave: posh tuna in, plain mackerel out

    Reuters - Thu, May 23, 2013

    By Taiga Uranaka TOKYO (Reuters) - Investors in Japan might keep a close eye on sales of the homely horse mackerel as an early warning of any trouble ahead. The good news is that in the more confident Japan of 2013, tuna remains king. So says Mizuho Securities economist Kenta Ishizu, who believes he has found a leading indicator of Japanese consumer demand that relies on two of the most common items on a sushi menu: Japanese horse mackerel and tuna. ... More »Sushi's Abenomics wave: posh tuna in, plain mackerel out

  • Islamist bombers kill 20 in Niger attacks

    AFP - Thu, May 23, 2013

    Islamist militants staged twin suicide car bombings on an army base and a French-run uranium mine in Niger on Thursday, killing at least 20 people in retaliation for the country's military involvement in neighbouring Mali. More »Islamist bombers kill 20 in Niger attacks

  • In Indonesia, football is kicked around by political parties

    Reuters - Thu, May 23, 2013

    By Janeman Latul JAKARTA (Reuters) - As monsoon rains swept the stadium, the chanting grew louder. "Indonesia! Indonesia!" More than 60,000 people packed into Gelora Bung Karno Stadium in Jakarta on a recent Saturday night to see the national football team play. Another 100 million tuned in to television to watch the match, underlining the appeal of football in Indonesia where attendance rivals the top English and German football leagues. Among the fans are two of Indonesia's most powerful people - President Susilo Bambang Yudhoyono and politically ambitious businessman Aburizal Bakrie. ... More »In Indonesia, football is kicked around by political parties

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