Developing

  • Volkswagen profits up 20 percent for full year

    Associated Press - Fri, Feb 27, 2015

    FRANKFURT, Germany (AP) — German automaker Volkswagen says net profit rose 20 percent last year to 10.8 billion euros ($12.1 billion), but offered a cautious outlook for this year. More »Volkswagen profits up 20 percent for full year

  • Lights, camera, blossom! Disney films inspire floral fantasy

    Associated Press - Fri, Feb 27, 2015

    PHILADELPHIA (AP) — Lights, camera ... blossom! More »Lights, camera, blossom! Disney films inspire floral fantasy

  • Ala. tourism campaign to focus on state's barbecue culture

    Associated Press - Fri, Feb 27, 2015

    BIRMINGHAM, Ala. (AP) — State officials say this year's Alabama tourism campaign will be focused on barbecue. More »Ala. tourism campaign to focus on state's barbecue culture

  • Qatar takes full control of prime Milan development

    AFP - Fri, Feb 27, 2015

    Qatar's sovereign fund has acquired full ownership of Milan's most important business district at Porta Nuova More »Qatar takes full control of prime Milan development

  • Nepal army officer accused of torture in London court

    Reuters - Fri, Feb 27, 2015

    By Estelle Shirbon LONDON (Reuters) - A Nepali army officer was accused by a British prosecutor on Friday of torturing two men in 2005, during his country’s civil war, in a rare use of laws that allow British courts to prosecute certain serious crimes wherever they took place. Kumar Lama, 48, is on trial at London's Old Bailey court, charged with two counts of torture on Nepali citizens at an army barracks in Nepal. In the first, Afghan national Faryadi Zardad was jailed for 20 years in 2005 for torture and hostage-taking. At least 16,000 people were killed during Nepal's 1996-2006 civil conflict and both sides have been accused of human rights abuses, but calls for perpetrators to be brought to justice in Nepal have remained unanswered. More »Nepal army officer accused of torture in London court

  • Foreign tourists posing nude at temples infuriate Cambodians

    Associated Press - Fri, Feb 27, 2015

    SIEM REAP, Cambodia (AP) — Cambodia's most popular tourist attraction — the complex of ancient temples that includes Angkor Wat — is suffering from a form of overexposure: At least five foreign visitors have been arrested and deported this year for taking nude photos at the sacred sites. More »Foreign tourists posing nude at temples infuriate Cambodians

  • Fire in Stratton ski lodge causes more than $200k in damage

    Associated Press - Fri, Feb 27, 2015

    STRATTON, Vt. (AP) — Vermont fire investigators say an early morning fire in the kitchen of a ski lodge at Stratton Mountain caused more than $200,000 in damage. More »Fire in Stratton ski lodge causes more than $200k in damage

  • Bank of England turns up the heat on accounting firms

    Reuters - Fri, Feb 27, 2015

    By Huw Jones LONDON (Reuters) - The Bank of England would have the power to fine or ban accounting firms from working in financial services under proposals setting out how the UK central bank's regulation arm will monitor the accounting industry. The proposals from the Prudential Regulation Authority (PRA), which supervises Britain's banks, were published on Friday and show how the watchdog plans to oversee the accountants and actuaries hired by banks and use new powers to sanction them. The accuracy of external audits has come under scrutiny by regulators and governments after banks had to be rescued by taxpayers in the 2007-09 financial crisis just months after accounting firms gave them a clean bill of health. The plans echo measures being taken inside banks to make individuals more directly accountable for their actions, making it easier to punish rule breaches. More »Bank of England turns up the heat on accounting firms

  • 2022 World Cup final no later than Dec. 18, says Blatter

    Reuters - Fri, Feb 27, 2015

    By Mike Collett BELFAST (Reuters) - The World Cup final in Qatar in 2022 should be played no later than Dec. 18, FIFA president Sepp Blatter said on Friday. Blatter, who arrived in Northern Ireland for this weekend's International Football Association Board (IFAB) meeting, said he would propose that idea to the FIFA executive committee when it meets next month. UEFA, European soccer's governing body, said this week that it wanted the World Cup to start on Nov. 26 and end on Dec. 23, two days before Christmas. "The World Cup will not go on until the 23rd, definitely not, we have to stop at the 18th," Blatter told reporters. More »2022 World Cup final no later than Dec. 18, says Blatter

  • City will have edge over fatigued Liverpool, says Pellegrini

    Reuters - Fri, Feb 27, 2015

    Manchester City have will have the edge over Liverpool when the sides meet at Anfield because of the Merseysiders' gruelling Europa League efforts, manager Manuel Pellegrini said on Friday. Liverpool were dumped out of Europe's second-tier competition in a penalty shootout defeat to Turkish side Besiktas on Thursday and arrived back in England just 55 hours before Sunday's clash. City also played in Europe this week, but their Champions League last-16 home defeat by Barcelona came two days earlier, leaving them extra time to recover and prepare for the weekend's match. "I have been involved in the Europa League and this preparation is never ideal," Pellegrini told reporters. More »City will have edge over fatigued Liverpool, says Pellegrini

  • England primed for Dublin 'decider'

    Reuters - Fri, Feb 27, 2015

    By Mitch Phillips BAGSHOT, England (Reuters) - Nobody in the England and Ireland camps will countenance any talk of Sunday’s clash being a Six Nations decider but to everyone else, whoever emerges victorious in Dublin will be installed as red hot title favourites. England have won their last three Six Nations clashes with Ireland, as well as a 2011 World Cup warmup, turning the tide that had brought seven defeats in their previous eight meetings. "It’s one of those games that everybody looks forward to," England coach Stuart Lancaster told reporters on Friday after naming a team that included winger Jack Nowell and fullback Alex Goode as the only changes to the starting side that beat Wales and Italy. "Ireland have a fantastic recent record and are in good form," Lancaster said. More »England primed for Dublin 'decider'

  • France, Britain dismiss calls to renew relations with Syria's Assad

    Reuters - Fri, Feb 27, 2015

    France and Britain dismissed on Friday any suggestion of restoring relations with Syrian President Bashar al-Assad, saying this would likely end all hope of a political transition and push moderates into the arms of radical Islamist groups. With the rise of Islamic State insurgents, some European |Union member states are critical of the position in Paris and London and say it might be time to re-establish communication with Damascus given that a four-year-old revolt has failed to overthrow Assad, diplomats say. In a column published in Arabic daily Al-Hayat and France's Le Monde, the French and British foreign ministers hit back at those who sought a rapprochement with Assad by saying he was using the fear of Islamic State, which has seized wide areas of northern and eastern Syria, to win back international support. "Some seem sensitive to this argument," Laurent Fabius and Philip Hammond wrote. More »France, Britain dismiss calls to renew relations with Syria's Assad

  • Murphy the only Ireland change for England clash

    Reuters - Fri, Feb 27, 2015

    Ireland number eight Jordi Murphy will replace the injured Jamie Heaslip against England on Sunday in the only change to the champions side ahead of a potential Six Nations decider. Heaslip cracked three vertebrae in Ireland's 18-11 victory over France two weeks ago in an incident that earned French lock Pascal Pape a 10-week ban, and Ireland hope he will be fit for their next game against Wales in Cardiff on March 14. Murphy, who made his first Six Nations start in the opening win in Italy, joins a pack where Leicester team mate Jack McGrath has kept fit-again British and Irish Lions prop Cian Healy on the bench for the second successive game. More »Murphy the only Ireland change for England clash

  • Chelsea made League Cup a serious competition - Mourinho

    Reuters - Fri, Feb 27, 2015

    Chelsea manager Jose Mourinho believes winning the League Cup 10 years ago revolutionised the competition as Premier League clubs have since started to take it more seriously. Mourinho, whose side play Tottenham Hotspur in the final at Wembley on Sunday, claimed his first piece of silverware with Chelsea in 2005 when they beat Liverpool 3-2 after extra time to lift the League Cup. Premier League clubs had often fielded weakened sides in the competition as they opted to focus on the league but Mourinho says he changed that approach. More »Chelsea made League Cup a serious competition - Mourinho

  • Ukraine crisis seen softening political ground for foreign farm land sales

    Reuters - Fri, Feb 27, 2015

    By Chris Arsenault ROME (Thomson Reuters Foundation) - The crisis in Ukraine looks set to trigger major changes in its vast agricultural sector with state-owned farm land and small family plots likely to go up for sale despite concerns over the impact on local farmers, according to development experts. Ukraine, known as Europe's bread basket, has the eighth largest agricultural area in use globally and is the world's third largest exporter of corn and sixth largest grain grower, potentially making it a prime target for foreign investment. Opening the farm sector, a key driver of the economy, to outside investors has long been backed by the World Bank and International Monetary Fund (IMF), and Strubenhoff believes changes will now happen sooner rather than later. More »Ukraine crisis seen softening political ground for foreign farm land sales

  • Stock market slips after weaker than expected growth in US

    Associated Press - Fri, Feb 27, 2015

    The stock market is opening slightly lower after the U.S. economy slowed more sharply than expected in the final three months of the year. The Dow Jones industrial average slipped 15 points, or 0.1 percent, ... More »Stock market slips after weaker than expected growth in US

  • Fiat Chrysler adds 467K SUVs to recall for possible stalling

    Associated Press - Fri, Feb 27, 2015

    Fiat Chrysler is adding more than 467,000 Dodge and Jeep SUVs worldwide to a recall from last year to fix a potential stalling problem. The company says it's adding 2012 and 2013 Dodge Durangos and 2011 ... More »Fiat Chrysler adds 467K SUVs to recall for possible stalling

  • US economic growth in Q4 revised down to 2.2 percent

    Associated Press - Fri, Feb 27, 2015

    WASHINGTON (AP) — The U.S. economy slowed more sharply in the final three months of the year than initial estimates, reflecting weaker business stockpiling and a bigger trade deficit. More »US economic growth in Q4 revised down to 2.2 percent

  • VW keeps profit outlook after record earnings

    Reuters - Fri, Feb 27, 2015

    Volkswagen stuck to its guidance for operating profit even after making record earnings last year, saying geopolitical risks and falling demand in key markets may weigh on business. "Given the subdued growth prospects in regions outside China, there is no guarantee that 2015 will be a successful year, either for the industry or for VW," finance chief Hans Dieter Poetsch said on Friday. Volkswagen said its 2015 group operating margin could be in a range of 5.5 to 6.5 percent, leaving its forecast unchanged. The return on sales at the group, whose brands include Audi, Bentley and Porsche, rose to 6.3 percent last year from 5.9 percent in 2013, VW said. More »VW keeps profit outlook after record earnings

  • Swiss train collision caused by stop signal being ignored - operator

    Reuters - Fri, Feb 27, 2015

    A collision between two Swiss passenger trains that injured several people last week was caused when one of the trains ignored a stop signal, rail operator SBB said on Friday. An express train destined for Schaffhausen near the German border was in collision with a commuter train at a switch in Rafz, around 30 km (18 miles) from Zurich, and then derailed. Six people were injured in the collision. "Based on initial findings, the collision is down to the commuter train ignoring a stop signal," SBB said in a statement about its investigation into the cause of the crash. More »Swiss train collision caused by stop signal being ignored - operator

  • Oil rebounds after volatile week

    AFP - Fri, Feb 27, 2015

    European benchmark Brent North Sea crude for April delivery rallied $1.14 to $61.19 a barrel in London More »Oil rebounds after volatile week

  • Former pop star Gary Glitter sentenced to 16 years for child sex offences

    Reuters - Fri, Feb 27, 2015

    Former British pop singer Gary Glitter, who shot to fame in the 1970s as a "glam-rock" star but was later convicted of child sex crimes, was sentenced to 16 years in prison after being found guilty of indecently assaulting three girls. Glitter, 70, whose real name is Paul Gadd, rose to prominence with the hit song "Rock and Roll", and became renowned for his figure-hugging shiny silver jump suits and platform shoes. "It is difficult to overstate the depravity of this dreadful behaviour," he said at Southwark Crown Court. More »Former pop star Gary Glitter sentenced to 16 years for child sex offences

  • Rio Tinto energy chief's job cut may signal coal exit

    Reuters - Fri, Feb 27, 2015

    By Sonali Paul and Silvia Antonioli MELBOURNE/LONDON (Reuters) - In its latest effort to slash costs as commodity prices fall, Rio Tinto is letting go its energy chief and rolling its coal and uranium businesses into two other units, a move that could signal its intention to divest its coal assets. The world's second-largest mining company said on Friday it will fold its coal mines in Australia into the copper division while its smaller uranium business will be added to the diamonds and minerals group, leaving the company with four product groups, including iron ore and aluminium. Rio makes about 80 percent of its earnings from iron ore while its coal division was lossmaking last year. "This could be the first step in a longer term exit from coal for Rio. More »Rio Tinto energy chief's job cut may signal coal exit

  • German, Spanish, Italian data may push euro zone inflation higher

    Reuters - Fri, Feb 27, 2015

    By Michelle Martin BERLIN (Reuters) - German and Spanish consumer prices fell in February but annual inflation in these economies was not as deep in negative territory as in January while prices turned slightly positive in Italy, potentially lifting the euro zone figure slightly. In Germany, Europe's largest economy, consumer prices harmonised to compare with other European countries fell for a second consecutive month. "Along with the increased values in Spain and Italy, this points to a higher reading for the euro zone inflation figure due to be published on Monday," said Ulrich Wortberg, economist at Helaba bank. More »German, Spanish, Italian data may push euro zone inflation higher

  • UK government pledges more powers for Wales as devolution debate rumbles on

    Reuters - Fri, Feb 27, 2015

    By Kylie MacLellan LONDON (Reuters) - Britain set out plans on Friday to give Wales greater powers, including to issue bonds and control fracking licences, in a further step to dismantle its centralised system of government. With just over two months until a national election, the issue of devolution to the United Kingdom's constituent parts has risen to the fore after a last-ditch promise to hand more powers to Scotland helped swing a close referendum in September. "We are delivering on devolution in every part of the UK," Prime Minister David Cameron said on Friday. Wales, like Scotland and Northern Ireland, elects representatives for its own regional body as well as for the Westminster parliament. More »UK government pledges more powers for Wales as devolution debate rumbles on

Pagination

(1000 stories)