• Warplanes hit Yemen's Sanaa overnight, after dawn: residents

    Reuters - 3 minutes 56 seconds ago

    Warplanes struck Yemen's capital Sanaa overnight and after daybreak on Monday, residents said, on the fifth day of a campaign by Saudi-led forces against Houthi forces opposed to President Abd-Rabbu Mansour Hadi. The figures could not be independently confirmed. More »Warplanes hit Yemen's Sanaa overnight, after dawn: residents

  • PM Heads To Palace As Election Battle Begins

    Sky News - 5 minutes ago

    David Cameron will make a short trip from Downing Street to Buckingham Palace today to ask the Queen to dissolve Parliament. The final act of pomp and ceremony of his coalition government will be followed by a statement from the Prime Minister on the steps of Number 10 in which he will say the country faces "a stark choice" between the Conservatives and Labour. "Or you can choose the economic chaos of Ed Miliband's Britain - over £3,000 in higher taxes for every working family to pay for more welfare and out-of-control spending. Labour leader Ed Miliband is joining shadow business secretary Chuka Umunna and shadow chancellor Ed Balls for the launch of Labour's business manifesto at Bloomberg. More »PM Heads To Palace As Election Battle Begins

  • Oil prices fall as Iran, world powers seek nuclear deal

    Reuters - 5 minutes ago

    By Henning Gloystein SINGAPORE (Reuters) - Oil prices fell on Monday, extending steep losses from the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are lifted. Benchmark Brent crude futures had dropped to $56 by 0531 GMT, down 41 cents after falling 5 percent on Friday as the market began to price in the possibility of a deal with Iran. Front-month U.S. West Texas Intermediate (WTI) futures were down 77 cents to $48.10 a barrel. "Any relaxation of Iran oil sanctions could see increased exports adding to swelling global supplies and further pressuring prices," ANZ bank said on Monday. More »Oil prices fall as Iran, world powers seek nuclear deal

  • Obama to attend opening of Institute honoring Sen. Kennedy

    Associated Press - 6 minutes ago

    BOSTON (AP) — President Barack Obama, Vice President Joe Biden and Republican U.S. Sen. John McCain are among the guests scheduled to pay tribute to the late Sen. Edward Kennedy at the formal dedication of an institute named for him in Boston. More »Obama to attend opening of Institute honoring Sen. Kennedy

  • Prada 2014 profit falls for first time since listing as China, Europe weaken

    Reuters - 6 minutes ago

    HONG KONG (Reuters) - Italian luxury goods company Prada SpA reported its first drop in annual net profit since it listed in Hong Kong four years ago, as growing retail sales in the Americas and Japan failed to offset declines in Greater China and Europe. The company reported on Monday its 2014 net profit fell 28 percent to 450.7 million euros ($489.8 million), slightly below forecasts, as overall annual sales dropped 1 percent. Asia Pacific sales, which accounted for more than a third of the Milan-headquartered company's business, also fell 3.1 percent. ... More »Prada 2014 profit falls for first time since listing as China, Europe weaken

  • Former Israeli Prime Minister Ehud Olmert found guilty in retrial on corruption charges

    Associated Press - 6 minutes ago

    JERUSALEM (AP) — Former Israeli Prime Minister Ehud Olmert found guilty in retrial on corruption charges. More »Former Israeli Prime Minister Ehud Olmert found guilty in retrial on corruption charges

  • Australia looks at GST, company tax in planned tax overhaul

    Reuters - 7 minutes ago

    Australian Treasurer Joe Hockey hinted on Monday at changes that could force digital companies like Apple Inc, Google Inc, Alibaba Group Holding and Uber to pay more tax on transactions that take place in Australia. "I want to find a way for them to pay the GST," Hockey told reporters, referring to the goods and sales tax, after releasing a discussion paper on the country's "unsustainable" tax system. Up for discussion are a cut to Australia's corporate tax rate, a broadening of the goods and services that are included in the GST and a new levy on bank deposits. "New technology, changing consumer behavior and increasing global trade are threatening the medium and long-term viability of our taxation system," Hockey told reporters in Canberra. More »Australia looks at GST, company tax in planned tax overhaul

  • Northern Ireland Beat Finland 2-1 in Qualifier

    Sky News - 10 minutes ago

    Northern Ireland enhanced their chances of qualifying for Euro 2016 as Kyle Lafferty’s double gave them a 2-1 win over Finland at Windsor Park. The victory sees Michael O'Neill’s side consolidate second place in Group F of the European Qualifiers, and puts them eight points ahead of fourth-placed Finland at the half-way stage. Lafferty gave Northern Ireland the lead after 33 minutes with a fantastic volley from inside the box and took his tally to five in five matches when he headed home from Conor McLaughlin’s cross five minutes later. Berat Sadik pulled a goal back for Finland in second-half stoppage-time but Northern Ireland held on to move onto 12 points in the group. More »Northern Ireland Beat Finland 2-1 in Qualifier

  • Andy Roxburgh named AFC's new technical director

    Associated Press - 11 minutes ago

    KUALA LUMPUR, Malaysia (AP) — Former Scotland manager Andy Roxburgh is the new technical director for the Asian Football Confederation. More »Andy Roxburgh named AFC's new technical director

  • MRPL seeks rare low sulphur fuel oil for May

    Reuters - 12 minutes ago

    Mangalore Refinery and Petrochemicals is seeking a rare cargo of low sulphur fuel oil (LSFO) to meet pollution standards of Karnataka, a southern Indian state, a company source said on Monday. MRPL needs to stay under maximum sulphur limits on domestic production, "which would necessitate a LSFO import", said a Singapore-based fuel oil trader. Trade sources said the LSFO purchase could also be the result of refinery upgrades that have reduced MRPL's fuel oil production. They are an exporter of high sulphur fuel oil, bunker grades," said another Singapore-based oil trader. More »MRPL seeks rare low sulphur fuel oil for May

  • Top Asian News at 5:30 a.m. GMT

    Associated Press - 15 minutes ago

    SYDNEY (AP) — A powerful earthquake rattled the South Pacific nation of Papua New Guinea on Monday, generating a small tsunami and frightening locals near the epicenter, but prompting no reports of damage or injuries. A tsunami of half a meter (1.5 feet) was measured in the harbor of Rabaul, a town near the epicenter of the magnitude-7.7 earthquake, said Martin Mose, acting director for Papua New Guinea's National Disaster Center. The quake struck at a depth of 65 kilometers (40 miles), about 50 kilometers (30 miles) southeast of the town of Kokopo, near Rabaul, in northeastern Papua New Guinea, the U.S. Geological Survey reported. More »Top Asian News at 5:30 a.m. GMT

  • Pennsylvania girl, 4, rides bus alone in search of slushie, shocks passengers

    Reuters - 16 minutes ago

    (Reuters) - A 4-year-old Pennsylvania girl surprised a driver and passengers when she boarded a public bus alone in the middle of the night on a quest for a sugary slushy, transportation officials said on Sunday. Surveillance footage shows the pint-sized girl with blonde hair, bundled up in all purple, boarding a Philadelphia bus at 3 a.m. local time on Friday and sit down by herself as a handful of passengers look curiously towards her. The girl, who appeared cheerful as she stretched and dangled her boots off of her seat, told bus riders that she wanted to get a slushie, Southeastern Pennsylvania Transportation Authority spokeswoman Kristin Geiger said. Upon noticing the child, the bus driver pulled over, called his control centre and waited for police to arrive, Geiger said. More »Pennsylvania girl, 4, rides bus alone in search of slushie, shocks passengers

  • China March official PMI seen contracting for third month

    Reuters - 16 minutes ago

    BEIJING (Reuters) - Activity in China's factory sector likely contracted for a third straight month in March, a Reuters poll showed, reinforcing expectations that Beijing will have to step up policy easing to support economic growth that may be on the verge of dipping below 7 percent. The official manufacturing Purchasing Managers' Index, or PMI, is forecast to edge down to 49.7 from February's 49.9, according to the median forecast of 19 economists in the poll. A reading above 50 points indicate an expansion in activity while one below that shows a contraction on a monthly basis. ... More »China March official PMI seen contracting for third month

  • Norman Greenbaum of 'Spirit in the Sky' fame injured in California crash

    Reuters - 20 minutes ago

    (Reuters) - Norman Greenbaum, a singer-songwriter best known for the hit song "Spirit in the Sky", was critically injured in a car crash north of San Francisco that killed a motorcyclist, California police said on Sunday. Greenbaum, 72, was transported to a Santa Rosa area hospital with critical injuries on Saturday after the car he was riding in made a left turn without seeing an oncoming motorcycle and the vehicles collided, California Highway Patrol said. CHP said Bonita Kay Perea, 62, who was driving the vehicle Greenbaum was riding in, said she did not see the oncoming motorcycle and was unable to stop in time. "Spirit in the Sky" sold two million singles in 1970, according to Greenbaum's website. More »Norman Greenbaum of 'Spirit in the Sky' fame injured in California crash

  • BRIEF-Zhuhai BoYuan Investment to implement delisting risk warning from March 31

    Reuters - 21 minutes ago

    March 30 (Reuters) - Zhuhai BoYuan Investment Co Ltd * Says to implement delisting risk warning from March 31after the company was suspected of violating regulations ininformation disclosure and financial fraud Source text in Chinese: http://bit.ly/19ylz3b Further company coverage: (Reporting by Hong Kong newsroom) More »BRIEF-Zhuhai BoYuan Investment to implement delisting risk warning from March 31

  • Hernandez fiancee set to resume testimony in murder trial

    Associated Press - 22 minutes ago

    The fiancee of former New England Patriots player Aaron Hernandez is expected to take the stand for a second day of testimony in his murder trial and talk about a box she disposed of from their basement the day after a man who was dating her younger sister was killed. More »Hernandez fiancee set to resume testimony in murder trial

  • Clashes with Taliban halt supply of power in south Afghanistan

    Reuters - 23 minutes ago

    By Jessica Donati KABUL (Reuters) - Clashes between Afghan forces and the Taliban have cut off the main supply of power to Afghanistan's Helmand and Kandahar provinces, according to residents and the chief of the national power company. The two provinces rely on the Kajaki plant in Helmand for the bulk of their already severely limited supply of electricity, but intense fighting in the area has halted around 90 percent of power. "I don't think it is sabotage," said the company's chief commercial officer, Mirwais Alami. The lines could have been cut by government bullets." It was difficult to say when power supplies would resume because clashes made it difficult to repair the lines, he added. More »Clashes with Taliban halt supply of power in south Afghanistan

  • Republic of Ireland 1-1 Poland in Euro Qualifier

    Sky News - 23 minutes ago

    Shane Long scored in stoppage time as the Republic of Ireland rescued a 1-1 draw with Group D leaders Poland in the European Qualifiers. More »Republic of Ireland 1-1 Poland in Euro Qualifier

  • Republicans see Obama as more imminent threat than Putin: Poll

    Reuters - 24 minutes ago

    By Roberta Rampton WASHINGTON (Reuters) - A third of Republicans believe President Barack Obama poses an imminent threat to the United States, outranking concerns about Russian President Vladimir Putin and Syrian President Bashar al-Assad. A Reuters/Ipsos online poll this month asked 2,809 Americans to rate how much of a threat a list of countries, organizations and individuals posed to the United States on a scale of 1 to 5, with one being no threat and 5 being an imminent threat. The poll showed 34 percent of Republicans ranked Obama as an imminent threat, ahead of Putin (25 percent), who has been accused of aggression in the Ukraine, and Assad (23 percent). More »Republicans see Obama as more imminent threat than Putin: Poll

  • BRIEF-Weichai Power to acquire 4.95 pct of the issued capital of Kion Group

    Reuters - 25 minutes ago

    March 30 (Reuters) - Weichai Power Co Ltd * Says board approves to acquire 4.95 percent of the issuedcapital of Kion Group AG for 186.9 million euros ($203.03 million) Source text in Chinese: http://bit.ly/1BIMKQP Further company coverage: ($1 = 0.9206 euros) (Reporting by Hong Kong and Singapore newsrooms) More »BRIEF-Weichai Power to acquire 4.95 pct of the issued capital of Kion Group

  • Japan government weighing income tax hike on wealthy to meet fiscal goal - sources

    Reuters - 26 minutes ago

    Japan's government is considering raising income taxes for the wealthy and increasing the inheritance tax if it looks unlikely to reach its goal of returning to a primary budget surplus in 2020, government sources said. Prime Minister Shinzo Abe's government plans to raise the nationwide sales tax to 10 percent from 8 percent in April 2017 to help pay for rising welfare and healthcare costs. "But we still have to make sure spending matches revenue, so we would have to consider measures to either cut spending or increase revenue." The government will conduct a mid-term assessment of the country's finances heading into the start of fiscal 2018, the source said. If this assessment shows the government is not on track to return to a primary budget surplus in fiscal 2020 then further steps would be needed, the source said. More »Japan government weighing income tax hike on wealthy to meet fiscal goal - sources

  • Republicans see Obama as more imminent threat than Putin: Reuters/Ipsos poll

    Reuters - 27 minutes ago

    By Roberta Rampton WASHINGTON (Reuters) - A third of Republicans believe President Barack Obama poses an imminent threat to the United States, outranking concerns about Russian President Vladimir Putin and Syrian President Bashar al-Assad. A Reuters/Ipsos online poll this month asked 2,809 Americans to rate how much of a threat a list of countries, organizations and individuals posed to the United States on a scale of 1 to 5, with one being no threat and 5 being an imminent threat. The poll showed 34 percent of Republicans ranked Obama as an imminent threat, ahead of Putin (25 percent), who has been accused of aggression in the Ukraine, and Assad (23 percent). More »Republicans see Obama as more imminent threat than Putin: Reuters/Ipsos poll

  • Focus shifts to cause of NYC explosion after 2 bodies found

    Associated Press - 28 minutes ago

    NEW YORK (AP) — After two bodies were pulled from the rubble of a Manhattan apartment building collapse, authorities shifted their focus to what caused the massive explosion and fire and the possibility that someone may have improperly tapped a gas line serving one of the buildings. More »Focus shifts to cause of NYC explosion after 2 bodies found

  • Asia shares swing higher as China nears 7-year high

    Reuters - 29 minutes ago

    Asian stock markets rose on Monday, with China stocks nearing a seven-year peak on hopes for more infrastructure spending and policy stimulus, while oil prices suffered further from excess supply. The Hang Seng China Enterprises Index also added 3.5 percent after China allowed mainland mutual funds to buy Hong Kong stocks. After some early dithering, Japan's Nikkei firmed 0.8 percent, helped by talk of demand for the new quarter and financial year. MSCI's broadest index of Asia-Pacific shares outside Japan recouped early losses to gain 0.4 percent. More »Asia shares swing higher as China nears 7-year high

  • Evo Morales' party loses La Paz in Bolivian elections

    Associated Press - 30 minutes ago

    LA PAZ, Bolivia (AP) — President Evo Morales' governing party suffered its most serious setback of nearly a decade in power in local and regional elections Sunday, according to unofficial results. More »Evo Morales' party loses La Paz in Bolivian elections

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