Thursday, May 23rd, 2013

World

Commerzbank in talks to sell 5.7 billion euros of UK property loans

FRANKFURT (Reuters) - Commerzbank is in intensive talks to divest the bulk of its 5.7 billion euros (4.8 billion pounds) in British property loans, Germany's second biggest lender sai...
May 14, 2013, 9:12 pm
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RBS says will take 18 months to plug capital gap

By Steve Slater and Matt Scuffham
EDINBURGH (Reuters) - Royal Bank of Scotland said on Tuesday it would need another 18 months to strengthen its capital position enough to satisfy regul...
May 14, 2013, 9:01 pm

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Dish plans debt sale to fund Sprint offer

(Reuters) - Dish Network Corp said on Tuesday it will sell $2.5 billion (1.6 billion pounds) in debt to help fund a $25 billion bid for Sprint Nextel Corp, and that it believes it has answered all que...
May 14, 2013, 9:00 pm

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Russia's Putin warns against aggravating Syria crisis

SOCHI, Russia (Reuters) - Russian President Vladimir Putin said on Tuesday it was important to avoid actions that might aggravate Syria's civil war, a veiled warning against foreign military intervent...
May 14, 2013, 8:52 pm

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Aquino strengthened after Philippine elections

MANILA (AFP) - Philippine President Benigno Aquino on Tuesday secured big wins in mid-term elections seen as vital to his ambitious reform agenda, but the success of famous, graft-tainted rivals raised alarm.
May 14, 2013, 8:30 pm

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Puma warns on profit as Europe, China stutter

By Victoria Bryan
FRANKFURT (Reuters) - Trainers and sportswear maker Puma SE warned of shortfalls in sales and profit on Tuesday as its performance faltered in Europe a...
May 14, 2013, 8:06 pm

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Australia unveils spartan budget on eve of polls

CANBERRA (AFP) - Australian Treasurer Wayne Swan made a values pitch to voters Tuesday as he unveiled an Aus$43 billion (US$43 billion) austerity drive in a budget without election-year trimmings.
May 14, 2013, 7:56 pm

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Japan distances itself from 'comfort women' comment

TOKYO (AFP) - The Japanese government on Tuesday distanced itself from comments by a prominent politician that the so-called "comfort women" of WWII served a "necessary" role by keeping troops in check.
May 14, 2013, 7:49 pm

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Big U.S. data dominates market but new favourites emerging

By Marc Jones
LONDON (Reuters) - Central bank intervention, the euro zone crisis and China's rise have expanded the list of data that moves markets, but surprises in measures such as PM...
May 14, 2013, 7:48 pm

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IMF sees growth of 5.7 percent in sub-Saharan Africa in 2014

ACCRA (Reuters) - The IMF on Tuesday forecast economic growth of 5.4 percent in 2013 and 5.7 percent in 2014 for the economies of sub-Saharan Africa on the back of rising investment and booming extrac...
May 14, 2013, 7:39 pm
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OJ Simpson returns to Las Vegas court

OJ Simpson has appeared in Las Vegas court as his lawyers argue he had poor legal representation in a trial for a 2007 robbery that sent him to prison.
May 14, 2013, 7:32 pm

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In Bangladesh rubble, the prices of profit

By Sarah Morris
MADRID (Reuters) - Order dockets found in the rubble of a Dhaka garment factory where over 1,100 workers died show just why it pays foreign stores to buy from Bangladesh...
May 14, 2013, 7:23 pm

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Suspect in New Orleans shooting identified

New Orleans police have identified the suspect in the Mother's Day mass shooting from video footage and are urging the man to turn himself in.
May 14, 2013, 7:13 pm

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Broker ICAP to cut more costs after profit slumps

By Tommy Wilkes
LONDON (Reuters) - Interdealer broker ICAP plans to cut costs by an additional 120 million pounds over the next three years to offset a slump in trading ac...
May 14, 2013, 6:50 pm
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EU Commission says Visa Europe offers cut in fees

By Foo Yun Chee
BRUSSELS (Reuters) - Visa Europe, the European licensee of Visa Inc. , has offered to cap its inter-bank credit card fees at 0.3 percent of transaction value ...
May 14, 2013, 6:47 pm
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S. Korea proposes talks with North on industrial park

SEOUL (AFP) - South Korea formally offered dialogue to North Korea on Tuesday, after President Park Geun-Hye said she wanted talks on removing goods from a joint industrial complex closed by military tensions.
May 14, 2013, 6:33 pm

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Sandy Hook shooter had no drugs in system

Sandy Hook gunman Adam Lanza had no drugs or alcohol in his system when he shot and killed 20 children and six women, toxicology tests show.
May 14, 2013, 6:32 pm

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Airbus "more confident" on A350 as profits rise

By Tim Hepher and Cyril Altmeyer
PARIS (Reuters) - Airbus expressed growing optimism about the schedule for the keenly-awaited maiden flight of its A350 on Tuesday, amid speculation tha...
May 14, 2013, 6:20 pm

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German investor morale rise points to timid recovery

By Eva Kuehnen and Sakari Suoninen
MANNHEIM, Germany (Reuters) - German analyst and investor sentiment edged up in May after dropping sharply in the previous month, suggesting the euro ...
May 14, 2013, 5:56 pm

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Jackson doctor verdict heard in court

A California state attorney says there were no serious errors by the judge in the case that convicted Michael Jackson's doctor of involuntary manslaughter.
May 14, 2013, 5:10 pm

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