Friday, 30 November 2012

Latest Headlines:





Greece's Prime Minister Antonis Samaras (R) listens Germany's Chancellor Angela Merkel before their press conference at the Maximos mansion in Athens, October 9, 2012. REUTERS/Thanassis Stavrakis - POOL

German lawmakers to approve Greek bailout

BERLIN - Germany's lower house of parliament will approve a fresh bailout for Greece on Friday in a vote seen as a test of Chancellor Angela Merkel's authority over her centre-right coalition less than a year before federal elections. Full Article

Egypt constitution finalised as opposition cries foul 5:38am GMT

CAIRO - An Islamist-led assembly finalised a new constitution early on Friday aimed at transforming Egypt and paving the way for an end to a crisis that erupted when President Mohamed Mursi gave himself sweeping new powers last week. | Video


A man takes a copy of an evening newspaper, which features an article about Lord Justice Brian Leveson's report on media practices on its front page, in central London November 29, 2012. REUTERS/Olivia Harris
UK

Cameron rejects press law

Prime Minister David Cameron rejects the idea of a law to regulate the British press, risking a split in the government after the Leveson inquiry advised legal backing for a watchdog to police the sometimes outrageous conduct of newspapers. Full Article | Video
U.S. House Speaker John Boehner (R-OH) speaks next to Majority Leader Eric Cantor (R-VA) during a news conference on Capitol Hill in Washington, November 28, 2012. REUTERS/Yuri Gripas
US

No "fiscal cliff" progress after meeting - Boehner

WASHINGTON - House of Representatives Speaker John Boehner says there is no progress in "fiscal cliff" talks with Treasury Secretary Timothy Geithner and criticises President Barack Obama and Democrats for failing to "get serious" about spending cuts. Full Article
Men walk past a discount ticket shop, selling various cut priced tickets, from train and airline tickets to consumer goods gift certificates, in Tokyo May 27, 2011. REUTERS/Toru Hanai
Japan

Bank of Japan eyes "big bang" war on deflation

TOKYO - Under pressure to fight deflation more forcefully, the Bank of Japan is expected to undergo a radical rethink in policy after the anticipated departure of Governor Masaaki Shirakawa in April. Full Article | Download PDF
An Aston Martin V12 Zagato is displayed inside a dealership in central Beijing November 29, 2011. REUTERS/Soo Hoo Zheyang
Autos

Aston Martin in 'advanced' talks over investment

A spokesperson for British sports car maker Aston Martin says the company is in "advanced" talks with with potential investors over an injection of capital into the business. Full Article
An undated computer-generated image, released by Istanbulcami.com, shows a giant mosque which is planned to be built in Camlica hill in Istanbul. REUTERS/Istanbul Camii, Association of building and preserving Mosque and Education-Culture Service Units of Istanbul/Handout
Turkey

In Istanbul, a mosque fit for a sultan

ISTANBUL - Turkish prime minister Tayyip Erdogan wants to leave his mark on Istanbul's cityscape with Turkey's biggest mosque - a symbol of Turkey's tilt to the east under Erdogan, who has chipped away at the founding secularism of the modern republic and presided over its emergence as a power in the Middle East. Full Article

Video

Reuters Today: Imagine the euro at $1.70

Reuters Today: Imagine the euro at $1.70

Nov. 30 - Without the crisis the euro could be as high as $1.70 says Adam Cole of RBC Capital Markets. This reminder comes on the day Germany is likely to approve the latest Greek bailout.


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Thursday, 29 November 2012

Latest Headlines:





Prime Minister David Cameron arrives in Downing Street in London November 28, 2012. REUTERS/Paul Hackett

Day of reckoning for Cameron and British press

Prime Minister David Cameron faces a no-win dilemma when a far-reaching inquiry into British newspapers delivers its verdict on how to curb the excesses of the country's notoriously aggressive press. Full Article

U.S. bans BP from new government contracts after oil spill deal 28 Nov 2012

WASHINGTON - The U.S. government banned BP Plc on Wednesday from new federal contracts over its "lack of business integrity" in the 2010 Deepwater Horizon oil spill, possibly imperilling the company's role as a top U.S. offshore oil and gas producer and the No. 1 military fuel supplier.


Italy's Prime Minister Mario Monti holds a news conference at the end of an EU leaders summit discussing the EU's long-term budget at the European Union (EU) council headquarters in Brussels November 23, 2012. REUTERS/Eric Vidal
Euro Zone

Italy seen vaulting last hurdle with bond sale

MILAN - Italy is expected to clear its last funding hurdle of 2012 after a year when its heavy sovereign debt burden threatened repeatedly to push it into seeking a bailout. Full Article
A visitor tries out Samsung Electronics' Galaxy Camera during its launch event at the company's headquarters in Seoul November 29, 2012. REUTERS/Kim Hong-Ji
Technology

Samsung launches Android camera

SEOUL - South Korean consumer electronics giant Samsung is taking aim at its Japanese rivals with an Android-powered digital camera that allows users to swiftly and wirelessly upload pictures to social networking sites. Full Article
Chancellor of the Exchequer George Osborne (C) arrives for a State Banquet for the Emir of Kuwait, Sheikh Sabah al-Ahmad al-Sabah at Windsor Castle, in Windsor, southern England November 27, 2012. REUTERS/Oli Scarff/Pool
Economy

Stagnation haunts Osborne's growth gamble

George Osborne is expected to defend his faltering austerity plan next week as the only credible way of solving the government's biggest political problem - its failure to deliver a strong recovery. Full Article
Congolese army (FARDC) soldiers sit in a military truck in Minova, some 45 km (28 miles) west of Goma November 26, 2012. REUTERS/Goran Tomasevic
World

Congo M23 rebels say withdrawing forces

GOMA, DRC - Rebels in eastern Democratic Republic of Congo have started withdrawing from towns captured since last week from government troops, following a deal brokered by Uganda their military leader says. Full Article | Graphic
A Skylon in flight with a cutaway of the SABRE engine, in an illustration courtesy of Reaction Images Ltd. REUTERS/Handout
Science

Biggest engine advance since the jet?

A small British company with a dream of building a re-usable space plane has won an important endorsement from the European Space Agency after completing key tests on its novel engine technology. Full Article | Factbox

Video

Al Shabaab militants 'on the run'

Al Shabaab militants 'on the run'

Nov. 29 - Al Shabaab rebels are on the run in Somalia, says the African Union mission in Somalia (AMISOM), alongside members of the Somali National Army. Sarah Charlton reports.


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Wednesday, 28 November 2012

Latest Headlines:





A man takes photographs of the Parthenon temple as he stands outside the ancient Herodes Atticus theatre in Athens November 27, 2012. REUTERS/John Kolesidis

Euro zone debt forgiveness lies ahead in Greek mire

BRUSSELS - Within minutes of euro zone finance ministers reaching a deal to cut Greece's debt, some commentators were dismissing it as "kicking the can down the road". But there is a critical element in the deal that goes a lot further than any other step taken so far to get Greece back on its feet. Full Article

Majority of Britons want press watchdog backed by law - poll 8:08am GMT

LONDON - More than two-thirds of Britons are in favour of an independent press regulator established by law, according to an opinion poll published in the Guardian newspaper on Wednesday, a day before a judge is expected to issue a report on problems in the industry.


A man looks at stock index board showing various countries stock price index outside a brokerage in Tokyo November 22, 2012. REUTERS/Kim Kyung-Hoon
Market Analysis

Confusing hard and soft power in markets

Deserting debt-laden, recession-racked North Atlantic and Japan for the fast-growing emerging market world may have been irresistible for some investors but many others still remain timid. Why? It may be a case of "hard power" versus "soft power". Full Article
Mark Carney, the governor of The Bank of Canada, speaks to reporters at a news conference in Ottawa in this April 18, 2012 file photograph. REUTERSPatrick Doyle/Files
Economy

Carney swaps Canada growth for UK stagnation

When Canadian Mark Carney becomes Bank of England chief next year, the outgoing Bank of Canada governor will leave behind an economy which weathered the global financial crisis and is now achieving respectable growth, at least by Europe's dismal standards. Full Article
Free Syrian Army fighters pose on a tank after they said they fought and defeated government troops from the town of Ras al-Ain, near the province of Hasaka, 600 km (375 miles) from Damascus, November 22, 2012. REUTERS/Samer Abdullah/Shaam News Network/Handout
Syria

Rebels seizing initiative in long war for Syria

BEIRUT - Rebel strikes against military bases across Syria have exposed President Bashar al-Assad's weakening grip in the north and east of the country and left his power base in Damascus vulnerable to the increasingly potent opposition forces. Full Article
View of Olympic Rings near the Velodrome in the Olympic Park in Stratford, London, July 21, 2012. REUTERS/Neil Hall
UK

Olympic Park gets post-Games makeover

London's Olympic Park has taken on the air of a construction site again, with work under way on a £292 million transformation before Britons can use facilities like the swimming pool and cycle trails. Full Article
A pram is pushed past a discount store in central Dublin November 14, 2010. REUTERS/Cathal McNaughton
Ireland

Financial bust delivers baby boom

DUBLIN - The number of births in Ireland hit a 118-year high in 2009, when the economy clocked up its worst year on record, and the number of new arrivals has remained close to that peak. Full Article



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Tuesday, 27 November 2012

Latest Headlines:





A Greek flag flutters in front of the moon in Athens November 26, 2012. REUTERS/Yorgos Karahalis

Euro zone and IMF secure deal on cutting Greek debt

BRUSSELS - Euro zone finance ministers and the International Monetary Fund clinch agreement on reducing Greece's debt in a breakthrough to release urgently needed loans to keep the near-bankrupt economy afloat. Full Article | Factbox

Nationwide takes new £45 million PPI hit 8:18am GMT

LONDON - Nationwide, Britain's biggest customer-owned financial services group, set aside a further 45 million pounds to compensate victims of loan insurance mis-selling.


Bank of Canada Governor Mark Carney arrives at a news conference in Ottawa November 26, 2012. REUTERS/Chris Wattie
Economy

UK favours credentials over countrymen for BoE

NEW YORK - Britain's choice of a Canadian to run the Bank of England could usher central bankers into the realm of globe-trotting elites that dominate the top jobs in business and sports. Full Article | Video
A Boeing Business Jet 737/700 aircraft is pictured during the Annual European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva May 14, 2012. REUTERS/Denis Balibouse
Aerospace

Airbus and Boeing launch airliner ad war

PARIS - Airbus and Boeing clash over the performance of their latest revamped models as the aerospace companies battle for market share by offering fuel savings to cash-starved airlines. Full Article
Orascom Telecom chairman Naguib Sawiris speaks during a conference in Beirut June 2, 2010. REUTERS/Cynthia Karam
Business

Sawiris seeks to put stamp on Telecom Italia

DUBAI - Egyptian entrepreneur Naguib Sawiris aims to shake up debt-laden Telecom Italia and steer it towards expansion in Brazil if shareholders warm up to his proposal for a 3 billion euro cash infusion. Full Article
The 1964 Aston Martin DB5 made famous in the James Bond movies "Goldfinger" and "Thunderball" is displayed at the Transport Museum in Luzern, Switzerland December 10, 2010. REUTERS/Romina Amato
Autos

Mahindra hopes for quick Aston Martin deal

MUMBAI - Aston Martin, purveyors of fast cars to the fictional spy James Bond and to real-life billionaires, could be partly owned by India's Mahindra and Mahindra by the end of the week if the Mumbai tractor moguls have their way. Full Article
Argentina's President Cristina Fernandez de Kirchner delivers a public address at the John F. Kennedy Jr. Forum at Harvard University in Cambridge, Massachusetts September 27, 2012. Reuters/Jessica Rinaldi
Argentina

Argentina appeals U.S. court order

BUENOS AIRES/NEW YORK - Argentina appeals a U.S. court order to pay $1.3 billion to investors who rejected two debt restructurings tied to its 2002 sovereign debt crisis, amid fears that the country faces another default. Full Article
A man smokes as he uses a computer at an internet cafe in Hefei, Anhui province, September 15, 2011. REUTERS/Stringer
Technology

The end of the open Internet?

SAN FRANCISCO - An unprecedented debate over how the global Internet is governed is set to dominate a meeting of officials in Dubai next week, with many countries pushing to give a United Nations body broad regulatory powers. Full Article



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