Tuesday, June 18th, 2013

World

Australia to help improve PNG policing

Australia has agreed to help Papua New Guinea improve its policing, as both nations agree to broaden their diplomatic ties.
May 10, 2013, 6:10 pm
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POSCO moves closer to iron ore access for $12 billion India steel plant

By Suchitra Mohanty and Krishna N Das
NEW DELHI (Reuters) - POSCO's <005490.KS> planned $12 billion (8 billion pounds) steel project in India moved a step forward on Friday after ...
May 10, 2013, 6:05 pm

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Search off for Australian couple who fell from cruise ship

SYDNEY (AFP) - Australian officials Friday called off a massive air and sea search for a couple who fell overboard during a cruise, as the cruise ship company involved said safety was its first priority.
May 10, 2013, 6:04 pm

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Chinese professor fined in poetry row

BEIJING (AFP) - A Chinese court ordered a controversial professor who claims descent from the ancient sage Confucius to apologise and pay a fine after a heated online row over poetry, local media reported Friday.
May 10, 2013, 6:00 pm

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European development bank cuts growth forecast for emerging economies

By Sujata Rao
LONDON (Reuters) - Europe's development bank slashed its 2013 growth forecasts for emerging Europe and North Africa on Friday by almost a full percentage point, saying a s...
May 10, 2013, 5:55 pm
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TUI Travel sees strongest summer demand in six years

By Brenda Goh
LONDON (Reuters) - TUI Travel , the world's largest tour operator, said it was experiencing its strongest summer booking season in six years, boosted by demand...
May 10, 2013, 5:48 pm

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Nissan sees FY net profit jump, but tough times in Europe

YOKOHAMA, Japan (Reuters) - Nissan Motor Co <7201.T> projected a 22.6 percent rise in net income for its current business year as the weakening yen allows Japanese carmakers to cash in overseas ...
May 10, 2013, 5:27 pm

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Analysis - To hedge inflation, property trusts are the new gold

By Nishant Kumar and Elzio Barreto
HONG KONG (Reuters) - As central banks print cash to boost moribund economies, investors in Asia wanting to hedge against rising prices are dumping go...
May 10, 2013, 5:23 pm

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Radical cleric Abu Qatada to leave Britain voluntarily

By Estelle Shirbon
LONDON (Reuters) - Radical Muslim cleric Abu Qatada will return to Jordan voluntarily when the Jordanian parliament ratifies a deal with Britain that ensures he will ...
May 10, 2013, 5:06 pm

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Bombs kill four, wound 20 on Pakistan election eve

MIRANSHAH, Pakistan (AFP) - Bombs exploded near party political offices in remote areas of Pakistan on Friday, killing four people on the eve of a landmark general election threatened by the Taliban with suicide attacks.
May 10, 2013, 4:53 pm

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UK goods trade gaps narrows slightly in March

LONDON (Reuters) - Britain's goods trade deficit narrowed slightly in March despite a rise in the deficit on trade in oil and other fuels to more normal levels, official data showed on Friday.
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May 10, 2013, 4:35 pm

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No evidence UK cops shielded Savile

A report into West Yorkshire Police concludes the force didn't protect the high-profile star Jimmy Savile, believed to have sexually abused about 300 victims.
May 10, 2013, 4:03 pm

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Tesco: meeting with India trade minister on retail policy reassuring

MUMBAI (Reuters) - Tesco Plc's chief executive said on Friday that a meeting with India's Trade Minister Anand Sharma on the country's retail policy had been reassuring, even as Britain...
May 10, 2013, 4:02 pm

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Generali shares jump as CEO Greco's strategy bears fruit

By Lisa Jucca
MILAN (Reuters) - Generali chief Mario Greco's turnaround plan started to bear fruit as the Italian insurer delivered higher-than-expected earnings and imp...
May 10, 2013, 3:59 pm

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Sharif poised to form government after Pakistan poll

By Mehreen Zahra-Malik and Katharine Houreld
ISLAMABAD (Reuters) - Toppled in a 1999 military coup, jailed and exiled, Pakistan's Nawaz Sharif has made a triumphant election comeback an...
May 10, 2013, 3:53 pm

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POSCO's $12 billion India steel project boosted by court order

By Suchitra Mohanty and Krishna N Das
NEW DELHI (Reuters) - POSCO's <005490.KS> planned $12 billion (7.7 billion pounds) project in India got a boost on Friday after a top court s...
May 10, 2013, 3:48 pm

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Lloyds sells £325 million of bad property loans to Cerberus

LONDON (Reuters) - Lloyds Banking Group has sold a portfolio of soured property loans to U.S. private equity firm Cerberus Global Investments for 325 million pounds, as the state-backed bank continues...
May 10, 2013, 3:44 pm

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German March trade data suggests economy picking up

BERLIN (Reuters) - German imports and exports rose in March slightly after falling the previous month in a further sign that Europe's largest economy is slowly pulling away from a contraction at the e...
May 10, 2013, 3:35 pm

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US aircraft carrier Nimitz to join S. Korea drills

SEOUL (AFP) - A US naval strike group led by the aircraft carrier USS Nimitz will arrive in South Korea this weekend for sea drills, officials said Friday, following joint exercises that infuriated North Korea.
May 10, 2013, 3:30 pm

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TV networks tussle for Australian cricket rights

SYDNEY (AFP) - Australia's Ten Network television has offered Cricket Australia Aus$500 million (US$505 million) in cash for coverage rights over the next five years, reports said Friday.
May 10, 2013, 3:19 pm

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