Thursday, May 23rd, 2013

World

Daimler likely to cut 2013 outlook on weak European demand

BERLIN (Reuters) - German premium carmaker Daimler is likely to cut its profit expectations for the year, after it said on Wednesday that its core European markets continue to weaken....
April 10, 2013, 4:40 pm
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IMF says Ukraine $15 billion loan talks to go on after "good progress"

KIEV (Reuters) - The IMF will continue talks with Ukraine on a $15 billion (9 billion pounds) stand-by loan in the coming weeks after a series of "productive discussions", the Fund's mission said on W...
April 10, 2013, 5:00 pm
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U.S. says Okada's Universal is target of criminal bribery probe

TOKYO (Reuters) - Japanese billionaire Kazuo Okada and his companies are being investigated in the United States for potential violations of anti-bribery laws in relation to a $2 billion casino projec...
April 10, 2013, 4:33 pm

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Pakistan tests nuclear-capable missile

As the world waits for a possible North Korean missile test, Pakistan has test-fired a ballistic missile.
April 10, 2013, 4:22 pm

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China banks "significantly exposed" to shadow financing - Fitch

By Kevin Yao
BEIJING (Reuters) - Chinese banks face growing risks as they are heavily exposed to the "shadow banking" being used by debt-laden local governments to raise funds, global r...
April 10, 2013, 4:11 pm

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Vietnam jails official over 'hero' farmer eviction

HANOI (AFP) - A Vietnamese local government official was jailed for two and a half years on Wednesday for the destruction of the home of a farmer who became a national hero for resisting eviction, state media said.
April 10, 2013, 3:57 pm
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Deposits flew into Greek banks during Cypriot crisis

ATHENS (Reuters) - Greek bank deposits rose by more than 1.5 billion euros in March despite fears Cyprus's banking crisis would trigger deposit outflows in other indebted euro zone economies, Greece's...
April 10, 2013, 3:49 pm

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PNG falls short on sorcery crimes: Amnesty

Amnesty International has slammed the response of PNG police to the forcible detention of a woman by a group that accuses her of practising "sorcery".
April 10, 2013, 3:47 pm
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France Tel CEO would take pay cut if wealth tax passes

PARIS (Reuters) - The chief executive of state-backed France Telecom said he would take a pay cut if the French government follows through on a plan for companies to pay a 75 percent ta...
April 10, 2013, 3:35 pm

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Outsiders make global inroads from France's unsung wine region

By Paul Casciato
LONDON (Reuters) - Winemakers from Britain, Australia, the United States and even elsewhere in France are raising the profile of France's largest but most unsung wine r...
April 10, 2013, 3:29 pm

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Fear stalks Yangon's Muslims after Buddhist-led killings

By Jared Ferrie
YANGON (Reuters) - An ultra-nationalist Buddhist creed is becoming more visible in Myanmar's commercial capital, Yangon, after monks from the apartheid-like movement hel...
April 10, 2013, 3:13 pm

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Atkins says will beat full-year market view on strong UK trading

LONDON (Reuters) - WS Atkins said on Wednesday that it expects its full year results to be slightly ahead of market expectations after strong trading in its UK division.
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April 10, 2013, 2:56 pm
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Taiwan compensates trio after 11 years on death row

TAIPEI (AFP) - Taiwan will pay a total of Tw$15 million ($500,000) compensation to three men who spent more than 11 years on death row before their acquittal in one of the island's most controversial murder trials, a court said on Wednesday.
April 10, 2013, 2:56 pm

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Tough road ahead for India carmakers as boom market crashes

By Henry Foy and Devidutta Tripathy
MUMBAI/NEW DELHI (Reuters) - India's annual car sales fell for the first time in a decade in the financial year just ended and are expected to post s...
April 10, 2013, 2:40 pm

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Student arrested in Texas college stabbing

A deaf student went on a stabbing attack at a Texas college, injuring 14 people.
April 10, 2013, 2:35 pm

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US father 'tried to save kids' from hole

A US man whose daughter and her cousin were killed in a hole he was digging says he tried to dig them out but they were just beyond his reach.
April 10, 2013, 2:31 pm

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China firm sues Michael Jordan for $8 mn: report

SHANGHAI (AFP) - A Chinese sportswear firm sued by Michael Jordan over unauthorised use of his name has countersued the retired NBA superstar for $8.0 million for hurting its reputation, state media said Wednesday.
April 10, 2013, 1:46 pm

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Analysis - Rethinking the lithium-ion battery revolution over cost, safety

By Deepa Seetharaman
TROY, Michigan (Reuters) - For nearly two years, a team of former Chevrolet Volt and Toyota Prius engineers has been working on the next big thing in electric cars:...
April 10, 2013, 1:06 pm

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Analysis - In bitter irony for China, North Korea furthers U.S. strategic goals

By Paul Eckert
WASHINGTON (Reuters) - Nobody but Kim Jong-un knows what he hopes to achieve with his saber-rattling campaign, but the young North Korean leader probably didn't set out t...
April 10, 2013, 1:03 pm

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Australia probes how asylum boat reached mainland

SYDNEY (AFP) - Australia ordered an investigation on Wednesday into how an asylum-seeker boat managed to reach one of the country's busiest ports undetected and warned those on board may be flown back home.
April 10, 2013, 12:31 pm

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