Thursday, 6 December 2012

Latest Headlines:





Rolls-Royce could face prosecution in bribery probe 9:11am GMT

LONDON - Aerospace and defence group Rolls-Royce said it was in talks with Britain's Serious Fraud Office (SFO) over potential corruption involving its intermediaries overseas.


A view shows the entrance to a HSBC Bank branch in New York August 1, 2011. REUTERS/Shannon Stapleton
HSBC

HSBC might pay $1.8 bln money laundering fine

NEW YORK/WASHINGTON - HSBC Holdings might pay a fine of $1.8 billion as part of a settlement with U.S. law-enforcement agencies over money-laundering lapses, according to several people familiar with the matter. Full Article
Chancellor of the Exchequer George Osborne delivers his autumn budget in parliament in London December 5, 2012. REUTERS/UK Parliament
Economy

Osborne says credit rating important

LONDON - Chancellor George Osborne says Britain's credit rating is important but is not the only measure affecting borrowing rates, after agency Fitch said Britain's credibility had been damaged after new forecasts. Full Article
Car light trails are pictured as traffic drives along a highway during a nationwide railway strike in Berlin November 15, 2007. REUTERS/Fabrizio Bensch
Euro Zone

EU may be heading down a three-lane road

BRUSSELS - Much has been written over the past year about the risks of a two-speed Europe in which the 17 euro zone countries move ahead more rapidly than the rest of the European Union, but the EU more accurately resembles a three-lane highway. Full Article
The Fresh & Easy sign is seen at its store in Burbank, California October 19, 2012. REUTERS/Mario Anzuoni
Business

Tesco set to call time on costly U.S. adventure

Tesco is set to end its five-year attempt to crack the cut-throat U.S. market and will focus on turning around its struggling home business and on faster-growing emerging markets. Full Article | Video
Ireland's Finance Minister Michael Noonan presents the budget to waiting media at the Government Buildings in Dublin December 5, 2012.REUTERS/Cathal McNaughton
Ireland

Bailed-out Ireland says on road to recovery

DUBLIN - The Irish government tests the economy and a long-suffering public with a new 3.5 billion euro dose of austerity, though better service sector and jobless data help to soften the blow. Full Article
Brazilian architect Oscar Niemeyer looks at Copacabana beach from his office after an interview with Reuters in Rio de Janeiro in this June 16, 2003 file photo. REUTERS/Sergio Moraes/File
Arts

Iconic architect Oscar Niemeyer dies at 104

RIO DE JANEIRO - Oscar Niemeyer, a towering patriarch of modern architecture whose inventive, curved designs left their mark on cities worldwide, has died aged 104. Full Article | Slideshow



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Wednesday, 5 December 2012

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An excerpt of a statement from Chinese telecom equipment firm Huawei is displayed on a smartphone in front of computer screens showing the Huawei logo (R) and and marketing material for a Huawei 'deep packet inspection' system (Top L and C), in this photo illustration taken in Lavigny, November 29, 2012. REUTERS/Valentin Flauraud
Special Reports

How foreign firms tried to sell spy gear to Iran

In the summer of 2008, Saleh Hamid says he was detained and beaten by Iranian security agents, accused of spreading propaganda and contacting opposition groups outside Iran. The evidence? His own phone calls. Full Article | Download PDF
U.S. President Barack Obama (C) meets with members of the National Governors Association (NGA) Executive Committee in the Roosevelt Room of the White House in Washington, December 4, 2012. With a few weeks remaining before the onset of "fiscal cliff," a bipartisan delegation of governors is set to meet Tuesday with Obama and congressional leaders in search of some answers about the impact of deficit reduction measures on their state budgets, which rely heavily on federal aid. From L-R are: Chairman Delaware Governor Jack Markell, Obama, and Vice Chair Oklahoma Governor Mary Fallin. REUTERS/Larry Downing
U.S.

Obama firm on "fiscal cliff"

WASHINGTON - U.S. President Barack Obama holds his ground on the "fiscal cliff," insisting on higher tax rates for the wealthiest Americans, while Republicans show increasing disarray over how far they should go to compromise with his demands. Full Article
A worker tallies the stock at a Bharti Wal-Mart Best Price Modern wholesale store at Zirakpur in the northern Indian state of Punjab November 16, 2012. REUTERS/Ajay Verma
India

How Wal-Mart got a foot in the door in India

MUMBAI - Wal-Mart Stores prepared its entry into India's supermarket sector in 2010 with a $100 million investment into a consultancy with no employees, no profits and a scant $14,000 in revenue. Full Article
London's Mayor Boris Johnson speaks during a Thomson Reuters Newsmaker event at Canary Wharf, east London December 4, 2012. REUTERS/Andrew Winning
Thomson Reuters Newsmaker

Boris demands pared back EU links for Britain

London Mayor Boris Johnson heaps pressure on Prime Minister David Cameron on by calling for a referendum on a deeply pared back British membership of the European Union. Full Article | Video
A woman carries her child past a Sinn Fein mural on Beechmount Parade near the Falls road in west Belfast October 10, 2011. REUTERS/Cathal McNaughton
UK

Scottish vote sparks soul searching in N Ireland

BELFAST - London's decision to grant Scotland a referendum on independence raises an awkward question for Northern Ireland's Catholics. After centuries fighting for its downfall, do they really want the United Kingdom to collapse? Full Article
Artist rendering of Nyasasaurus parringtoni, either the earliest dinosaur or the closest dinosaur relative yet discovered. REUTERS/©Natural History Museum, London/Mark Witton/Handout
Science

Earliest known dinosaur discovered

Researchers have found what could be the earliest known dinosaur to walk the Earth lurking in the corridors of London's Natural History Museum. Full Article

Video

Software guru McAfee seeks Guatemala asylum

Software guru McAfee seeks Guatemala asylum

Dec. 5 - American tech entrepreneur John McAfee flees to Guatemala seeking political asylum as authorities in Belize seek to question him in a murder investigation. Sarah Charlton reports.


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Tuesday, 4 December 2012

Latest Headlines:





LIVE: Boris Johnson on London and the economy

Mayor of London Boris Johnson is speaking on London's role in the world economy at a Thomson Reuters Newsmaker event. Johnson will look at the city's current and future strengths and at the threat from ongoing euro zone instability. Watch live here from 9 a.m. Watch Live


The West Bank Jewish settlement of Maale Adumim, near Jerusalem, is seen behind sign posts December 3, 2012. REUTERS/Ammar Awad
Israel

Israel says will stick with settlement plan

JERUSALEM - Israel rejects concerted criticism from the United States and Europe over Prime Minister Benjamin Netanyahu's decision to expand settlement building after the United Nations' de facto recognition of Palestinian statehood. Full Article | Video
German Chancellor and leader of Germany's Christian Democratic Union (CDU), Angela Merkel addresses the media after inspecting the convention hall one day ahead of the CDU's annual party meeting in Hanover, December 3, 2012. REUTERS/Kai Pfaffenbach
Germany

Merkel to launch election campaign

HANOVER, Germany - Angela Merkel kicks off her re-election drive at a congress of her conservative Christian Democrats, where the chancellor will be feted like a star for defending German interests in the euro zone crisis. Full Article
Swiss bank Credit Suisse CEO Brady Dougan speaks during the Swiss Banking Global symposium in Zurich, November 16, 2012. REUTERS/Michael Buholzer
Business

Credit Suisse boss on borrowed time

ZURICH - Credit Suisse boss Brady Dougan has outmaneuvered an internal rival with his recent revamp of the Swiss bank and management shake-up but is still under immense pressure, senior banking sources say. Full Article
People holding Japanese national flags take part in an anti-China rally in Tokyo September 22, 2012. REUTERS/Toru Hanai
Japan

Nationalism rising on Japan campaign trail

TOKYO - U.S. officials have long urged Japan to loosen limits on its military, bear more of the burden of its own defence and play a more prominent global role. Politicians are promising to do just that, but with a strident nationalism that could give cause for concern. Full Article
Prince William (L) and Catherine, Duchess of Cambridge visit Cambridge, central England November 28, 2012. REUTERS/Luke MacGregor
UK

Prince William and Kate expecting a baby

Prince William and his wife Catherine are expecting a baby, destined to be Britain's future monarch, although the mother-to-be is in hospital with a type of very acute morning sickness that sometimes indicates twins. Full Article | Video



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Monday, 3 December 2012

Latest Headlines:





An empty cup is left on a table outside a Starbucks coffee shop in London December 1, 2011. REUTERS/Luke MacGregor/Files

MPs call for tax crackdown on multinationals

A committee of MPs has called on the government to crack down on multinational companies that make substantial sales in Britain but pay little tax here, echoing demands from leaders across Europe for measures to tackle corporate tax avoidance. Full Article

Britain considers recalling Israel envoy -source 8:54am GMT

JERUSALEM - Britain is considering recalling its ambassador to Israel to protest at Prime Minister Benjamin Netanyahu's decision to expand settlement building, a diplomatic source said on Monday.


Greece's Finance minister Yannis Stournaras arrives for a news conference in Athens November 28, 2012. REUTERS/Yorgos Karahalis
Greece

Greece launches bond buyback offer

ATHENS - Greece says it will conduct its bond buyback offer through a modified Dutch auction method in which investors declare how much they are willing to sell their bonds at before the price is determined. Full Article | Related Story
Chancellor of the Exchequer George Osborne speaks on the BBC's Andrew Marr Show in London December 2, 2012. British finance minister George Osborne said on Sunday that he would stick with his deficit-reduction programme when he presents a half-yearly fiscal statement on Wednesday, despite weak economic growth. REUTERS/Jeff Overs/BBC/Handout
Economy

Osborne sticking with austerity plan

Chancellor George Osborne says he will stick with his deficit-reduction programme when he presents his Autumn Statement on Wednesday. Full Article | Related Story
An employee makes plastic Christmas trees at the Zhongsheng Christmas Crafts factory in Yiwu, Zhejiang province September 13, 2012. REUTERS/Carlos Barria
China

Factory surveys show China reviving

BEIJING - China's economy picked up in November but a broader global recovery remains fragile and patchy, a clutch of factory surveys suggest, with activity elsewhere in Asia remaining subdued amid depressed demand from the developed world. Full Article
A supporter of Egypt's President Mohamed Mursi gestures during a rally in front of the Supreme Constitutional Court in Maadi, south of Cairo, December 2, 2012. REUTERS/Amr Abdallah Dalsh
Egypt

Egypt's top court shuts down

CAIRO - Protests by Islamists allied to President Mohamed Mursi forced Egypt's highest court to adjourn its work indefinitely on Sunday, intensifying a conflict between some of the country's top judges and the head of state. Full Article | Video



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