Tuesday, June 18th, 2013

World

Lloyds Chairman Bischoff stands down as government sale looms

By Matt Scuffham
LONDON (Reuters) - Lloyds Banking Group Plc Chairman Win Bischoff is to retire in the next year, handing the reins to a successor who must steer it through a potentiall...
May 13, 2013, 2:27 pm
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Miner Lonmin posts profit jump as wage battle looms

LONDON (Reuters) - Platinum miner Lonmin more than doubled first-half profit compared to a troubled 2012 and lifted its production guidance for the year but warned of the "significant ch...
May 13, 2013, 2:22 pm

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Glencore says first-quarter copper rises, marketing in line

LONDON (Reuters) - Miner Glencore Xstrata met market forecasts with an 18 percent increase in copper production in the first quarter of 2013, as new operations expand to substitute depleted mines and ...
May 13, 2013, 2:19 pm

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Elan's $1 billiondrug royalty deal aids bid defence

By Padraic Halpin
DUBLIN (Reuters) - Irish drugmaker Elan Corporation has agreed a $1 billion (650.7 million pounds) royalties deal that could soothe concerns about its po...
May 13, 2013, 2:16 pm
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Insight - Nigeria's Islamists staging bolder, deadlier comeback

By Tim Cocks
BAGA, Nigeria (Reuters) - After a crackdown pushed them out of Nigeria's northern cities, Islamist militant group Boko Haram have regrouped, rearmed and are staging a bold ...
May 13, 2013, 2:14 pm

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Movie star Jet Li opens t'ai chi school in China

SHANGHAI (AFP) - Movie star Jet Li has joined up with renowned Chinese Internet entrepreneur Jack Ma to open a t'ai chi school in a bid to promote the traditional exercise.
May 13, 2013, 2:10 pm

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Analysis - Malta unlikely to follow Cyprus into crisis

By Martin Santa
BRUSSELS (Reuters) - Cyprus and Malta have a lot in common: Mediterranean islands enjoying 10 months of sunshine a year, they joined the European Union in 2004, use the ...
May 13, 2013, 1:58 pm

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NZ schools in lockdown after gun sighting

A man has been arrested following an armed police operation on Auckland's north shore which resulted in two schools going into lockdown.
May 13, 2013, 1:22 pm
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US carrier joins S.Korea drill despite North anger

SEOUL (AFP) - South Korea and a US strike force led by the nuclear-powered aircraft carrier USS Nimitz kicked off Monday a joint naval drill slammed by North Korea as a "wanton" provocation and rehearsal for war.
May 13, 2013, 1:05 pm

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Hong Kong has world's most expensive retail space: report

By Ilaina Jonas
NEW YORK (Reuters) - There's expensive and then there's Hong Kong.
The Asian shopping haven in the first quarter kept its crown as having the world's high...
May 13, 2013, 12:06 pm

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N.Korea replaces hawkish defence minister

SEOUL (AFP) - North Korea has replaced its hawkish armed forces minister after just six months in the job -- the latest in a long line of top military reshuffles by supreme leader Kim Jong-Un.
May 13, 2013, 11:50 am

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Glencore Xstrata to scrap plans for Australia coal export terminal

PERTH (Reuters) - Glencore Xstrata will stop work on a planned 35 million tonnes per annum coal export terminal on Australia's Balaclava Island as a result of poor coal market condition...
May 13, 2013, 11:31 am

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New SARS-like virus can probably pass person-to-person

By Angus McDowall
RIYADH (Reuters) - World Health Organisation (WHO) officials said on Sunday it seemed likely a new coronavirus that has killed at least 18 people in the Middle East an...
May 13, 2013, 11:00 am

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Australian aid spending on hold in tight budget

SYDNEY (AFP) - Australia will delay its foreign aid spending targets and close its embassy in Budapest as the government scrambles to rein in costs to meet revenue shortfalls, Foreign Minister Bob Carr said on Monday.
May 13, 2013, 10:09 am

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Harry visits US Air Force base

Prince Harry has joined cadets at a US Air Force academy in Colorado Springs for an American Football training session.
May 13, 2013, 9:52 am

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N.Zealand PM welcomes MP resignation over drunken row

WELLINGTON (AFP) - New Zealand Prime Minister John Key on Monday welcomed the resignation of a government politician who came under fire for drunkenly abusing a waiter during a night out.
May 13, 2013, 9:36 am

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Exclusive - Airbus to China: We support you, please buy our jets

By Barbara Lewis
BRUSSELS (Reuters) - China's decision to ease a boycott of some $11 billion (7.16 billion pounds) in Airbus jet orders followed a high-level appeal from the planemaker ...
May 13, 2013, 8:09 am

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Firms more upbeat on economy, credit scheme helping - lobby

LONDON (Reuters) - British companies have grown more optimistic about the economy in recent months as a recovery, increasingly aided by a central bank funding scheme, is gathering pace, a leading busi...
May 13, 2013, 7:19 am

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HSBC boss can do more to cut bank down to size

By Steve Slater
LONDON (Reuters) - HSBC's <0005.HK> sale of a stake in a Korean insurer last month was made with little fanfare, just one of 52 deals struck or busi...
May 13, 2013, 7:09 am

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Cameron on U.S. trip to learn Boston lessons, discuss Syria

By Andrew Osborn
WASHINGTON (Reuters) - Prime Minister David Cameron will visit Boston on Monday to learn more about the bombings there after a meeting with President Barack Obama aimed...
May 13, 2013, 7:04 am

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