Thursday, May 23rd, 2013

Latest News

Fiat Industrial cuts 2013 outlook as southern Europe suffers

By Jennifer Clark
MILAN (Reuters) - Italian truck and tractor maker Fiat Industrial SpA cut its 2013 targets after sales in recession-hit Europe continued to fall, pushing...
May 1, 2013, 5:00 am
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Mexican Congress passes telecoms overhaul in swipe at Slim, rivals

By Miguel Gutierrez
MEXICO CITY (Reuters) - Mexico's Congress on Tuesday gave overwhelming final approval to an expansive overhaul of the telecommunications sector, which aims to boost ...
May 1, 2013, 4:38 am

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Anti-Kadhafi gunmen surround second Libya ministry

TRIPOLI (AFP) - Gunmen demanding the sacking of former officials of the ousted Kadhafi regime surrounded the justice ministry on Tuesday, widening a campaign that began with a siege on the foreign ministry, an official said.
May 1, 2013, 4:31 am

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Doping case doctor sentenced to one year

MADRID, Spain (AFP) - A Spanish court on Tuesday sentenced a medical doctor who performed blood transfusions on top cyclists to a year in prison for endangering public health in a case keenly watched because of claims the practice extended to other sports.
May 1, 2013, 4:26 am
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New CEO to expand Sirius beyond satellite radio in cars

By Liana B. Baker
(Reuters) - The new CEO of satellite radio company Sirius XM Radio Inc thinks radio is a good business, but for the future he said opportunities may lie with in-car se...
May 1, 2013, 4:23 am

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Khedira dropped from Madrid team, Modric in

MADRID (AFP) - Real Madrid manager Jose Mourinho surprisingly dropped German international midfielder Sami Khedira for the second leg of their Champions League semi-final against Borussia Dortmund on Tuesday.
May 1, 2013, 4:19 am
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Researchers measure tweets for happiness 'pulse'

WASHINGTON (AFP) - Take all the comments expressed on Twitter, crunch them with an analytics program and you can get a sense of the mood of a city, state or country.
May 1, 2013, 4:12 am

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Moody's cuts Slovenia to "junk", torpedoing bond issue

By Marja Novak
LJUBLJANA (Reuters) - Slovenia abandoned an attempt to issue bonds and Moody's cut its debt rating to "junk" on Tuesday, dealing a blow to the country's goal of healing i...
May 1, 2013, 3:58 am

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Uber investor gauges interest in major new funding round: source

By Sarah McBride
(Reuters) - An investor in Uber, the fast-growing alternative taxi service, has reached out to a venture capital firm about a potential new funding round that could val...
May 1, 2013, 3:40 am

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Britain urges Europe to do more on defence as U.S. cuts spending

LONDON (Reuters) - Europe may be struggling economically but its armed forces should band together to make up for expected declines in defence spending by the United States, Defence Secretary Philip H...
May 1, 2013, 3:36 am

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Analysis: First Data's new CEO faces debt burden, needs growth

By Greg Roumeliotis
NEW YORK (Reuters) - First Data Corp's new chief, Frank Bisignano, said he can tackle the world's largest payment processing company's roughly $24 billion debt burde...
May 1, 2013, 3:36 am
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Magnussen's fast time to win 100m at Aussie trials

ADELAIDE, Australia (AFP) - Reigning world champion James Magnussen produced the year's fastest time to win the men's 100-metres freestyle at Australia's world championship trials in Adelaide on Tuesday.
May 1, 2013, 3:36 am

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Taiwan's former top cabinet official jailed for graft

TAIPEI (AFP) - Taiwan's former cabinet secretary general was sentenced to seven years and four months in jail Tuesday after pocketing more than $2 million in bribes, in a graft case that has rocked the island.
May 1, 2013, 3:29 am

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After Saenz, will Botin follow Botin at Santander?

By Sonya Dowsett
MADRID (Reuters) - Deep in the pages of Santander's latest annual report is a list of 11 names who might replace Emilio Botin in case the chairman were to die or retire...
May 1, 2013, 3:28 am

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UAE head feted in Britain, Cameron urged to raise torture claims

By Mohammed Abbas
LONDON (Reuters) - The president of the United Arab Emirates met the Queen on Tuesday on a visit to Britain where Prime Minister David Cameron is under pressure to rai...
May 1, 2013, 3:03 am

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Bangladesh defends disaster effort as anger grows

DHAKA (AFP) - Bangladesh defended Tuesday its decision to snub foreign aid after the collapse of a garment factory complex where at least 388 people died as the UN revealed it had offered specialist help to find survivors.
May 1, 2013, 3:01 am

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Ten hurt, mosque attacked in Myanmar unrest: govt

YANGON (AFP) - Ten people were injured and police fired warning shots as a mob attacked a mosque in central Myanmar on Tuesday, authorities said, in the latest religious unrest to hit the country.
May 1, 2013, 2:55 am
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Apple wows market with record $17 billion bond deal

By John Balassi and Josie Cox
NEW YORK/LONDON, April 30 (IFR) - Apple Inc wowed the debt markets on Tuesday with the largest non-bank bond deal in history, pricing a whopping $17 billio...
May 1, 2013, 2:41 am

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European investment banks show rewards of slimming plans

By Steve Slater
LONDON (Reuters) - Cost-cutting and resilient trading revenues helped Europe's investment banks keep pace with their U.S. rivals last quarter and boosted prospects that ...
May 1, 2013, 2:37 am

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Online peer-to-peer lender to refund savers if borrowers default

By Kylie MacLellan
LONDON (Reuters) - An online service that enables savers to earn interest by loaning money to other members of the public is introducing a back-up fund to reimburse l...
May 1, 2013, 2:06 am
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