Friday, May 24th, 2013

World

Peru probes ex-President Garcia's finances in corruption inquiry

LIMA (Reuters) - Peru's attorney general is opening the financial records of two-time former president and likely 2016 presidential candidate Alan Garcia as part of a preliminary corruption inquiry, t...
May 4, 2013, 6:52 am
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Portuguese to work longer under new spending cuts

By Andrei Khalip and Daniel Alvarenga
LISBON (Reuters) - Portugal plans to raise the retirement age by one year to 66 and make public sector employees work an extra hour per day as part...
May 4, 2013, 7:11 am
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US reporter believed held by Syrian intelligence

BOSTON, Massachusetts (AFP) - A US journalist who went missing in war-torn Syria is believed held by a military intelligence unit at a detention center near Damascus, a spokesman for his family said Friday.
May 4, 2013, 6:41 am

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Pakistan election candidate shot dead: police

KARACHI (AFP) - A candidate running for parliament in next week's historic Pakistani election was shot dead on Friday along with his three-year-old son after praying in a mosque in Karachi, police said.
May 4, 2013, 6:08 am

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'Massacre' feared as Syria war comes to port city

DAMASCUS (AFP) - Syrian troops Friday bombarded Sunni areas of the Mediterranean city of Banias, a monitoring group said, warning of a new "massacre," as Washington said for the first time it was looking at arming rebels.
May 4, 2013, 5:40 am

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Big four U.S. brokerage firms are thriving, not diving - report

By Jed Horowitz
NEW YORK (Reuters) - Forecasts of a steady deterioration in profit at Merrill Lynch, Morgan Stanley , Wells Fargo Advisors and UBS Wealth Management Americas...
May 4, 2013, 5:39 am

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100 dead, rescuers trapped in collapsed Darfur mine

KHARTOUM (AFP) - Around 100 miners are estimated to have died inside a collapsed gold mine in Sudan's Darfur region and nine rescuers trying to free them are now trapped, a miner said on Friday.
May 4, 2013, 5:22 am
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Banks loans have edge over bond market borrowing - UK treasurers

By Clare Hutchison and Josie Cox
LIVERPOOL, England (Reuters) - Bank loans are back in favour this year with British companies and banking relationships have also improved markedly, cor...
May 4, 2013, 5:18 am

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ATP chief Brad Drewett dies, age 54

PARIS (AFP) - Australia's Brad Drewett, the president of the ATP, died on Friday at the age of 54 following a battle against motor neurone disease, the governing body of men's tennis announced.
May 4, 2013, 5:02 am

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We still trust Libor - UK corporate treasurers

By Clare Hutchison
LIVERPOOL, England (Reuters) - Financial decision makers at some of Britain's biggest companies say they still trust the scandal-hit interbank lending rate Libor, des...
May 4, 2013, 4:56 am

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Gunmen in standoff with Libyan army at Tripoli protest

By Jessica Donati and Ghaith Shennib
TRIPOLI (Reuters) - The Libyan army was deployed to Tripoli's main square on Friday to guard a pro-government rally and became involved in an uneasy...
May 4, 2013, 4:39 am

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Clashes kill nine police in north Iraq: officials

MOSUL, Iraq (AFP) - Clashes in northern Iraq killed nine police and four gunmen on Friday, while other attacks, including a car bomb near a Sunni mosque, left at least six more people dead, officials said.
May 4, 2013, 4:31 am

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Wildfire on Southern California coast threatens 4,000 homes

By Alex Dobuzinskis
CAMARILLO, California (Reuters) - A fierce, wind-whipped wildfire spread on Friday along the California coast northwest of Los Angeles, threatening 4,000 homes and a...
May 4, 2013, 4:26 am

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U.S. judge blocks $383 million arbitration case against Citigroup

By Nate Raymond
NEW YORK (Reuters) - Citigroup Inc has won an injunction blocking a $383 million arbitration case filed by a Saudi Arabian investor who accused the bank of "...
May 4, 2013, 4:22 am

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Pakistani 'critical' in India after jail violence

SRINAGAR, India (AFP) - A Pakistani prisoner in India was critical Friday after being attacked by an inmate, an official said, in apparent tit-for-tat jail violence that has strained relations between the neighbours.
May 4, 2013, 4:03 am

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Factory generators caused Bangladesh disaster: investigator

DHAKA (AFP) - A top investigator probing last week's garment factory disaster in Bangladesh on Friday blamed vibrations from four illegal generators for the collapse of the building which killed more than 500 workers.
May 4, 2013, 3:33 am

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Germany and Spain's auto sales spur recovery hopes

By Laurence Frost and Andreas Cremer
PARIS/BERLIN (Reuters) - Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-dri...
May 4, 2013, 3:18 am
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Cheng to make Giro history for China

NAPLES, Italy (AFP) - Argos-Shimano rider Ji Cheng is set to make Giro d'Italia history on Saturday when he saddles up as the first Chinese to take part in the epic race.
May 4, 2013, 3:17 am

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Last S. Korean workers leave joint factory zone

PAJU, South Korea (AFP) - South Korea on Friday withdrew its last remaining workers from a joint industrial zone in North Korea at risk of permanent closure due to soaring military tensions.
May 4, 2013, 2:44 am

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Munger: hard to find Berkshire deals, 'raving mad' not to try

By Jennifer Ablan and Jonathan Stempel
OMAHA, Nebraska (Reuters) - Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another ...
May 4, 2013, 2:06 am

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