• CERN proves The Force exists, Albert Hall outraged at Beatles 'holes' slur

    Reuters - 14 minutes ago

    From a supermarket putting in trampolines for customers to reach the top shelf to prestigious CERN saying it has proved The Force exists, Wednesday brought April Fool's spoofs a-plenty. London's venerable Royal Albert Hall released an April 1, 1967 letter from its archives protesting "in the strongest conceivable terms" at having The Beatles imply in the song "Day in the Life" that there were 4,000 holes in its auditorium. Commerzbank sought a solution to Greece's financial woes, saying Finance Minister Yanis Varoufakis had proposed a one-off licence fee of 1 euro on European Union users of Pythagoras’ theorem. Germany's Frankfurter Allgemeine Zeitung reported that the European Central Bank was opening a restaurant with a view called "Euro Sunset". More »CERN proves The Force exists, Albert Hall outraged at Beatles 'holes' slur

  • Nigeria's Buhari praises Jonathan for peaceful handover

    Reuters - 14 minutes ago

    By Alexis Akwagyiram ABUJA (Reuters) - Nigerian election winner Muhammadu Buhari congratulated outgoing President Goodluck Jonathan for peacefully relinquishing power on Wednesday, a day after becoming the first politician in Nigeria's history to unseat a sitting leader at the ballot box. "President Jonathan was a worthy opponent and I extend the hand of fellowship to him," Buhari, wearing a black cap and kaftan, told reporters and supporters to loud applause. We have put one-party state behind us." The 72-year-old general, who first came to power three decades ago via a military coup, campaigned as a born-again democrat intent on cleaning up Nigeria's corrupt politics. Nigeria's main stock index soared 6.7 percent, posting its single biggest gain this year, and Nigerian dollar-denominated bonds also climbed amid relief at the absence of the violence that has blighted previous elections. More »Nigeria's Buhari praises Jonathan for peaceful handover

  • Solid start to second quarter for European stocks, dollar

    Reuters - 31 minutes ago

    By Marc Jones LONDON (Reuters) - European stock markets made solid starts to the second quarter on Wednesday as data pointing to a gradual recovery in the euro zone economy gave investors fresh impetus after their blowout first few months of the year. Europe's benchmark FTSEurofirst 300 <.FTEU3> recovered from a early wobble to put London's FTSE <.FTSE> Germany's DAX <.GDAXI> and France's CAC <.FCHI> up 0.5, 0.3 and 0.5 percent higher respectively as core bond markets yields nudged higher. Crude oil prices maintained their decline as an extension of talks between Iran and world powers on Tehran's nuclear capabilities drove hopes of an agreement that could also ease export sanctions on the OPEC member. Currency markets were mostly knocking about in recent ranges after a tumultuous few months. More »Solid start to second quarter for European stocks, dollar

  • New York's MoMA to showcase Jacob Lawrence and the Great Migration

    IB Times - 31 minutes ago

    Art and history buffs will have a rare opportunity to see American artist Jacob Lawrence's entire vision of the Great Migration at The Museum of Modern Art (MoMA) in New York City. Lawrence's landmark series is part of a new exhibition called One-Way Ticket: Jacob Lawrence's Migration Series and Other Visions of the Great Movement North. "The centrepiece, the very heart of the show, is Jacob Lawrence's Migration Series, which he made in 1941 when he was just 23 years old," said Leah Dickerman, the exhibition's curator. More »New York's MoMA to showcase Jacob Lawrence and the Great Migration

  • France says Iran nuclear talks not ripe for imminent deal

    Reuters - 40 minutes ago

    PARIS (Reuters) - French Foreign Minister Laurent Fabius said on Wednesday talks between Iran and world powers about its nuclear policy were not sufficiently advanced to ensure a quick conclusion. Speaking to reporters after a regular French government meeting in Paris, Fabius said he was ready "whenever necessary" to return to the negotiating table in Lausanne, Switzerland, where Iran and the main world powers have been trying to thrash out an agreement. ... More »France says Iran nuclear talks not ripe for imminent deal

  • Hammond says transition to new Nigeria government must stay peaceful

    Reuters - 51 minutes ago

    Nigerian election winner Muhammadu Buhari and Goodluck Jonathan, the outgoing president, must ensure the transition to a new government remains peaceful, British Foreign Secretary Philip Hammond said on Wednesday. "I congratulate Muhammadu Buhari on his election victory ... and also President Goodluck Jonathan for the statesmanship he has shown in delivering free and fair elections and accepting the result," Hammond said in a statement. More »Hammond says transition to new Nigeria government must stay peaceful

  • Solid start to Q2 for European stocks, dollar after blowout Q1

    Reuters - 55 minutes ago

    By Marc Jones LONDON (Reuters) - European stock markets made solid starts to the second quarter on Wednesday as data pointing to a gradual recovery in the euro zone economy gave investors fresh impetus after their blowout first few months of the year. Europe's benchmark FTSEurofirst 300 recovered from a early wobble to put London's FTSE Germany's DAX and France's CAC up 0.5, 0.3 and 0.5 percent higher respectively as core bond markets yields nudged higher. Crude oil prices maintained their decline as an extension of talks between Iran and world powers on Tehran's nuclear capabilities drove hopes of an agreement that could also ease export sanctions on the OPEC member. Currency markets were mostly knocking about in recent ranges after a tumultuous few months. More »Solid start to Q2 for European stocks, dollar after blowout Q1

  • Solid start to second-quarter for Euro stocks, dollar after blowout first quarter

    Reuters - 1 hour 0 minutes ago

    By Marc Jones LONDON (Reuters) - European stock markets made solid starts to the second quarter on Wednesday as data pointing to a gradual recovery in the euro zone economy gave investors fresh impetus after their blowout first few months of the year. Europe's benchmark FTSEurofirst 300 <.FTEU3> recovered from a early wobble to put London's FTSE <.FTSE> Germany's DAX <.GDAXI> and France's CAC <.FCHI> up 0.5, 0.3 and 0.5 percent higher respectively as core bond markets yields nudged higher. Crude oil prices maintained their decline as an extension of talks between Iran and world powers on Tehran's nuclear capabilities drove hopes of an agreement that could also ease export sanctions on the OPEC member. Currency markets were mostly knocking about in recent ranges after a tumultuous few months. More »Solid start to second-quarter for Euro stocks, dollar after blowout first quarter

  • Garlic salve 'can kill superbug'

    Press Association - 1 hour 0 minutes ago

    A garlic-based "potion" listed in a thousand-year-old Anglo-Saxon manuscript has been found to kill off the MRSA superbug. More »Garlic salve 'can kill superbug'

  • Oil prices slip under $55 as Iran talks extend beyond deadline

    Reuters - 1 hour 15 minutes ago

    By Himanshu Ojha LONDON (Reuters) - Brent crude oil futures slipped below $55 (37 pounds) a barrel on Wednesday on speculation that a last-minute deal over Iran's nuclear programme would be reached, opening the way for more Iranian crude to come into world markets. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear programme extended beyond a Tuesday deadline. A German delegation source said on Wednesday there was no agreement yet, but one was possible "if there is good will on all sides." British Foreign Secretary Philip Hammond said on Wednesday progress had been made between Iran and major powers over its disputed nuclear programme, but that key issues still needed to be resolved. Talks had appeared to get bogged down after the United States warned it was ready to abandon them altogether and Iran affirmed its "nuclear rights", with officials cautioning any agreement would probably be fragile and incomplete. More »Oil prices slip under $55 as Iran talks extend beyond deadline

  • Explosion at Yemen factory kills at least 25 - residents, medics

    Reuters - 1 hour 18 minutes ago

    An explosion at a dairy factory in Yemen's Hodaida port killed at least 25 workers, medical sources said, with conflicting accounts attributing the blast to an air strike by a Saudi-led alliance or to a rocket landing from a nearby army base. The 26September website of Yemen's factionalised army, which mostly sides with the Houthis, said 37 workers were killed and 80 wounded at the dairy and oils factory "during the aggressive air strikes which targeted the two factories last night." Medical sources in the city said 25 workers at the plant had been killed at the factory, which was located near an army camp loyal to former President Ali Abdullah Saleh, a Houthi ally. Residents and witnesses contacted by Reuters said the air strikes had targeted the factory shortly after midnight on Wednesday. The operation by Saudi Arabia and other Sunni Muslim states aims to prevent the Houthis and former Saleh from winning control of the country. More »Explosion at Yemen factory kills at least 25 - residents, medics

  • Over 100 business bosses back PM Cameron's Conservatives ahead of British election

    Reuters - 1 hour 18 minutes ago

    By William James and Sarah Young LONDON (Reuters) - Over 100 British company bosses publicly backed Prime Minister David Cameron's Conservative-led government on Wednesday and warned a change of course for Britain's $2.8 trillion economy under a Labour government would put the recovery at risk. Opinion polls ahead of the May 7 election indicate neither Cameron's Conservatives nor the opposition Labour Party will win an overall majority in the 650-seat parliament as millions of voters turn to once marginal parties. It is a highly unusual situation for Britain, which has only had one formal coalition government since the end of World War Two. This would send a negative message about Britain and put the recovery at risk," the chief executives said. More »Over 100 business bosses back PM Cameron's Conservatives ahead of British election

  • Iran nuclear talks extended; Russia says deal within reach

    Reuters - 1 hour 27 minutes ago

    By Louis Charbonneau, John Irish and Parisa Hafezi LAUSANNE, Switzerland (Reuters) - Six world powers and Iran met again on Wednesday in a bid to reach a preliminary accord on reining in Tehran's nuclear programme, after failing to agree crucial details such as the lifting of U.N. sanctions by a midnight deadline. British Foreign Secretary Philip Hammond sounded a note of caution. The six powers - the United States, Britain, France, Germany, Russia and China - aim to stop Iran from gaining the capacity to develop a nuclear bomb in exchange for easing international sanctions that are crippling its economy. More »Iran nuclear talks extended; Russia says deal within reach

  • Over 100 business bosses back PM Cameron's Conservatives ahead of election

    Reuters - 1 hour 34 minutes ago

    By William James and Sarah Young LONDON (Reuters) - Over 100 British company bosses publicly backed Prime Minister David Cameron's Conservative-led government on Wednesday and warned a change of course for Britain's $2.8 trillion (1.9 trillion pounds) economy under a Labour government would put the recovery at risk. Opinion polls ahead of the May 7 election indicate neither Cameron's Conservatives nor the opposition Labour Party will win an overall majority in the 650-seat parliament as millions of voters turn to once marginal parties. It is a highly unusual situation for Britain, which has only had one formal coalition government since the end of World War Two. This would send a negative message about Britain and put the recovery at risk," the chief executives said. More »Over 100 business bosses back PM Cameron's Conservatives ahead of election

  • BRIEF-Beijing Jingneng Power's 2014 profit up 8.6 pct, plans power project with partner

    Reuters - 1 hour 36 minutes ago

    April 1 (Reuters) - Beijing Jingneng Power Co Ltd * Says 2014 net profit up 8.6 percent y/y at 2.55 billionyuan ($411.45 million) * Says to invest in power project worth 100 million yuanwith partner Source text in Chinese: http://bit.ly/1ahWk6r;http://bit.ly/1IP8uPB Further company coverage: ($1 = 6.1976 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms) More »BRIEF-Beijing Jingneng Power's 2014 profit up 8.6 pct, plans power project with partner

  • Dr Reddy's to buy some UCB brands for $128 million

    Reuters - 1 hour 38 minutes ago

    India's second-largest drugmaker by sales, Dr Reddy's Laboratories Ltd , will buy some established brands of Belgian drugmaker UCB SA in South Asia for 8 billion rupees ($128.38 million), the company said on Wednesday. As competition heats up, Indian drugmakers are looking to strengthen existing porfolios in fast-growing emerging markets, as well as at home. The country's largest drugmaker, Sun Pharmaceutical Industries Ltd , closed a deal to buy rival Ranbaxy Laboratories Ltd last month, strengthening its presence, particularly in emerging markets. Dr Reddy's said the acquisition of brands in India, Nepal, Sri Lanka and the Maldives, would help it win a bigger foothold in the areas of respiratory, dermatology and pediatrics drugs. More »Dr Reddy's to buy some UCB brands for $128 million

  • EU seeks mid-April talks with Russia, Ukraine on gas

    Reuters - 1 hour 47 minutes ago

    By Barbara Lewis and Geert De Clercq BRUSSELS (Reuters) - The European Commission is aiming to broker more talks between Russia and Ukraine this month to try to extend a discount on gas prices for Kiev, Commission Vice President Maros Sefcovic said on Wednesday. Russia, Ukraine and the European Commission held preliminary talks in Brussels last month. After that opening round, Sefcovic said he had written to Russia and Ukraine, and was aiming for further three-way discussions in the middle of April. More »EU seeks mid-April talks with Russia, Ukraine on gas

  • BRIEF-Sungrow Power Supply signs strategic agreement with Aliyun

    Reuters - 2 hours 7 minutes ago

    April 1 (Reuters) - Sungrow Power Supply Co Ltd * Says signs strategic agreement with Aliyun on areas suchas smart solar power terminals and cloud computing Source text in Chinese: http://bit.ly/1F1yfZ8 Further company coverage: (Reporting by Hong Kong and Singapore newsrooms) More »BRIEF-Sungrow Power Supply signs strategic agreement with Aliyun

  • Kenya corruption watchdog makes allegations against 175 officials

    Reuters - 2 hours 12 minutes ago

    By Edith Honan NAIROBI (Reuters) - Kenya's anti-graft watchdog published a report detailing corruption allegations against 175 government officials on Tuesday, with some cases involving multi-billion-dollar Chinese-backed infrastructure projects. Five ministers have already left their positions temporarily after President Uhuru Kenyatta made a speech last Thursday in which he directed any public official cited in the report to step aside pending investigation, regardless of rank. Corruption is seen as a major obstacle to business and national security in Kenya. The report by Kenya's Ethics and Anti Corruption Commission outlines allegations against members of parliament, senators and governors in what local media has dubbed the "List of Shame". More »Kenya corruption watchdog makes allegations against 175 officials

  • UPDATE 2-Kenya corruption watchdog makes allegations against 175 officials

    Reuters - 2 hours 14 minutes ago

    * Five ministers have left their positions temporarily * Accusations revolve around Chinese-backed projects (Adds comment from Chinese Foreign Ministry) By Edith Honan NAIROBI, March 31 (Reuters) - Kenya's anti-graft watchdog published a report detailing corruption allegations against 175 government officials on Tuesday, with some cases involving multi-billion-dollar Chinese-backed infrastructure projects. Five ministers have already left their positions temporarily after President Uhuru Kenyatta made a speech last Thursday in which he directed any public official cited in the report to step aside pending investigation, regardless of rank. Corruption is seen as a major obstacle to business and national security in Kenya. The report by Kenya's Ethics and Anti Corruption Commission outlines allegations against members of parliament, senators and governors in what local media has dubbed the "List of Shame". More »UPDATE 2-Kenya corruption watchdog makes allegations against 175 officials

  • Ukraine expects sign gas memorandum with Russia by April 14 - energy minister

    Reuters - 2 hours 19 minutes ago

    KIEV (Reuters) - Ukraine expects to sign with Russia a memorandum on gas supplies by April 14 that will run until the end of March 2016, Ukrainian Energy Minister Volodymyr Demchyshyn said in a briefing on Wednesday. "A memorandum will be signed for the whole period until the end of the heating season in 2016," he said. (Reporting by Pavel Polityuk and Natalia Zinets; Writing by Alessandra Prentice; Editin g by Richard Balmforth) More »Ukraine expects sign gas memorandum with Russia by April 14 - energy minister

  • Here’s what a category 5 super storm looks like from space

    TheJournal.ie - 2 hours 34 minutes ago

    At least four people have died after a super typhoon ripped through several small islands. More »Here’s what a category 5 super storm looks like from space

  • Oil prices edge lower as Iran talks extend beyond deadline

    Reuters - 2 hours 42 minutes ago

    By Jacob Gronholt-Pedersen SINGAPORE (Reuters) - Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear programme would be reached that could allow more Iranian crude into world markets. Talks between Iran and six world powers to settle a dispute around Tehran's nuclear programme extended beyond a Tuesday deadline, as the parties edged towards a deal but failed to agree on crucial details such as the lifting of U.N. sanctions. China's foreign minister, Wang Yi, said on Wednesday there was "significant progress in core issues" in talks with Iran. Russian Foreign Minister Sergei Lavrov said a general agreement had been reached over all key aspects of a future deal, TASS news agency quoted him as saying. More »Oil prices edge lower as Iran talks extend beyond deadline

  • U.S. expects Congress to pass fast-track trade bill within next month

    Reuters - 2 hours 42 minutes ago

    The United States expects the trade promotion authority (TPA) legislation, which is seen as an important step to speed free trade deals, will be passed by the Congress over the next month, a U.S. official said on Wednesday. "We believe that the votes are there to move forward," Catherine Novelli, U.S. under secretary of state for economic growth, energy and the environment, told reporters in Singapore. "We do expect it to be passed soon, within the next month or so." The TPA legislation allows U.S. lawmakers to set objectives for trade deals in exchange for a yes-or-no vote. Delays in finalising the legislation are casting a cloud over a 12-nation trade pact many thought was near completion, officials close to the negotiations told Reuters last month. More »U.S. expects Congress to pass fast-track trade bill within next month

  • A look at microbrewery laws being considered nationwide

    Associated Press - 2 hours 59 minutes ago

    Lawmakers around the country have been taking up various bills that cater to the growing microbrewery industry. Here are some of the efforts: ARIZONA Gov. Doug Ducey signed a bill Tuesday that allows microbreweries ... More »A look at microbrewery laws being considered nationwide

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