Wednesday, May 22nd, 2013

World

In US tornado's wake, rain hampers relief effort

Rain hampers tornado relief effort

Police put death toll at around 24but torrential rains is hindering rescue and relief efforts in Oklahoma City.

Chinese PM begins Pakistan visit

ISLAMABAD (AFP) - Chinese Premier Li Keqiang arrives in Pakistan Wednesday for a two-day visit where he will meet prime minister-elect Nawaz Sharif as the long-time allies look to boost trade ties.
35 minutes ago
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Second day of riots shake Sweden

A second day of rioting in a Stockholm suburb is stirring national debate in Sweden about inequality.
49 minutes ago

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Japan exports disappoint, full benefits of weak yen yet to show

By Tetsushi Kajimoto
TOKYO (Reuters) - Japan's exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confron...
53 minutes ago

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Microsoft unveils new generation XBox

Microsoft has attempted to replace all living room devices with a single unit - the new XBox One.
May 22, 2013, 7:21 am

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Britvic to outline plans for standalone future - Sky News

(Reuters) - Britvic's new chief executive is set to lay out plans for the soft drinks maker to continue as a standalone company, casting further doubt on its proposed merger with A.G. B...
May 22, 2013, 6:41 am

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US tornado stronger than Hiroshima bomb

The Oklahoma tornado unleashed an awesome amount of energy that was much greater than the atomic bomb that levelled Hiroshima.
May 22, 2013, 5:59 am

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Aviation officials see global emissions deal possible by 2020

By Robert Evans
GENEVA (Reuters) - Senior officials from business and commercial aviation voiced cautious optimism that a long-sought worldwide framework to reduce aviation's carbon emi...
May 22, 2013, 5:44 am

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Bank of Japan may seek to ease bond market jitters, policy seen on hold

By Leika Kihara and Stanley White
TOKYO (Reuters) - The Bank of Japan is expected to stand pat on monetary policy on Wednesday despite jitters over the recent volatility in bond markets...
May 22, 2013, 5:35 am

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Disney-owned ESPN cutting hundreds of jobs - source

By Liana B. Baker
(Reuters) - ESPN, the sports channel that is Walt Disney Co's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Den...
May 22, 2013, 5:21 am
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With wary eye on the U.S., China courts India

By Frank Jack Daniel and Rajesh Kumar Singh
NEW DELHI (Reuters) - Chinese Premier Li Keqiang, smiling and effusive, was out to smooth ruffled feathers in India this week, promising to e...
May 22, 2013, 5:16 am

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Apple CEO makes no apology for company's tax strategy

By Patrick Temple-West and Kevin Drawbaugh
WASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. tax...
May 22, 2013, 4:28 am

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Sony to assess spin-off proposal for entertainment business - Nikkei

(Reuters) - Sony Corp <6758.T> is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei rep...
May 22, 2013, 4:10 am

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Buriram, FC Seoul into Asian quarter-finals

SINGAPORE (AFP) - Thai qualifiers Buriram United held off Uzbek giants Bunyodkor to reach the AFC Champions League quarter-finals on Tuesday as FC Seoul beat nine-man Beijing Guoan 3-1.
May 22, 2013, 4:04 am

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Carney agrees - Bank of England not a "one-man show"

By Leila Lemghalef
MONTREAL (Reuters) - The next head of the Bank of England, Mark Carney, agreed on Tuesday with current Governor Mervyn King that the Bank could not be run as a one-ma...
May 22, 2013, 3:51 am

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Fed's Bullard recommends euro zone consider quantitative easing

By Paul Carrel and Eva Kuehnen
FRANKFURT (Reuters) - A top U.S. Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easin...
May 22, 2013, 3:34 am

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Primark to provide short-term financial aid to Rana Plaza victims

(Reuters) - British fashion retailer Primark said on Tuesday it would provide short-term financial assistance to all victims and families affected by the collapse of Rana Plaza last month in Banglades...
May 22, 2013, 3:29 am

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Ladbrokes to cut up to 100 jobs at head office

(Reuters) - Ladbrokes said as many as 100 employees at its headquarters in Harrow could lose their jobs as Britain's second-largest bookmaker transfers a number of roles to its operation in Israel, se...
May 22, 2013, 3:15 am

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Aussie garden wins Best in Show at Chelsea

Australia's audacious garden design has won the top prize at the prestigious Chelsea Flower Show for the first time.
May 22, 2013, 3:14 am

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Perth travellers shell-shocked but safe

A Perth schoolteacher "storm chasing" with her meteorologist husband in the US described how debris hit their car and they saw buildings levelled as the killer tornado crossed a highway in front of them in Oklahoma.
May 22, 2013, 2:50 am

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EU says Chinese FTA possible, but wants market opening

By Ethan Bilby
BRUSSELS (Reuters) - The European Union is willing to deepen trade ties with China but wants to see concessions from Beijing first, documents seen by Reuters on Tuesday s...
May 22, 2013, 2:31 am

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