Sunday, May 19th, 2013

World

UK Labour leader's brother quits politics

David Miliband is quitting politics to take up the post of president and chief executive of the International Rescue Committee in New York.
March 27, 2013, 8:52 pm
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Final French Q4 figures add to gloomy outlook

PARIS (Reuters) - Falling investment and weak household spending were at the heart of a contraction in France's economy at the end of last year, offering little hope it will bounce back quickly to the...
March 27, 2013, 8:55 pm
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ICAP warns on profit as trading recovery falters

By Tommy Wilkes
LONDON (Reuters) - Interdealer broker ICAP has warned investors to brace for underwhelming full-year profit as the latest chapter in the euro zone crisis d...
March 27, 2013, 8:42 pm
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UK banks told to plug £25 billion capital hole

By Huw Jones and Matt Scuffham
LONDON (Reuters) - Britain's banks must raise 25 billion pounds of extra capital by the end of the year to absorb any future losses on loans, the central ...
March 27, 2013, 8:40 pm

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UK recession risk persists, current account gap soars

By Olesya Dmitracova and Kate Holton
LONDON (Reuters) - Britain looks headed for recession and its current account deficit last year was the worst since 1989, data showed on Wednesday, ...
March 27, 2013, 8:36 pm

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Developer tears down further stretch of Berlin Wall

BERLIN (AFP) - A property developer removed more of the Berlin Wall Wednesday, police said, in a surprise dawn move amid a bitter running protest over the dismantling of the once-detested Cold War division.
March 27, 2013, 8:21 pm

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Prudential fined £30 million for secret AIA bid plans

By Kirstin Ridley
LONDON (Reuters) - Prudential Plc has been fined £30 million and had its CEO publicly censured for failing to inform Britain's regulator about an ill-fated Asian take...
March 27, 2013, 8:13 pm

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North Korea to cut all channels with South as "war may break out any time"

SEOUL (Reuters) - Reclusive North Korea is to cut the last channel of communications with the South because war could break out at "any moment", it said on Wednesday, days of after warning the United ...
March 27, 2013, 8:06 pm

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EADS says Spain may sell 1.15 percent stake in shake-up

By Tim Hepher
AMSTERDAM (Reuters) - Spain plans to sell 1.15 percent of EADS , worth around 400 million euros (338 million pounds) at current prices, as the aerospace comp...
March 27, 2013, 7:43 pm

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China jails 20 in restive Xinjiang region

BEIJING (AFP) - China has sentenced 20 men to terms of up to life imprisonment for involvement in terrorism and "inciting secession" in the country's ethnically-divided western region of Xinjiang, state media said.
March 27, 2013, 7:13 pm

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TUI Travel upbeat as summer sales follow strong winter

LONDON (Reuters) - TUI Travel , the world's biggest tour operator, said it was confident of hitting the top end of profit guidance for 2013 after a strong finish to winter trading and risi...
March 27, 2013, 7:03 pm

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Credit Suisse buys Morgan Stanley's European wealth management arm

ZURICH (Reuters) - Credit Suisse will buy Morgan Stanley's wealth management arm in Europe, the Middle East and Africa with $13 billion (8 billion pounds) in assets, as it...
March 27, 2013, 6:53 pm

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Belgian chocolate makers seek protection from copycats

By Philip Blenkinsop
BRUSSELS (Reuters) - Belgian chocolate makers believe their renowned pralines should have similar protection to that enjoyed by French champagne or Italy's Parma ha...
March 27, 2013, 6:43 pm

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UK may freeze for another month

Sub-zero temperatures in the UK look set to bring misery to thousands of people for the rest of the week as the wintry weather shows no signs of abating.
March 27, 2013, 6:32 pm
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ICAP warns on revenue drop

LONDON (Reuters) - ICAP , the world's largest interdealer broker, said it expects its full-year revenues to fall 13 percent, after a recent pick-up in volumes failed to extend into March....
March 27, 2013, 6:30 pm
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Lloyd's of London back in profit on fewer catastrophes

LONDON (Reuters) - The Lloyd's of London insurance market returned to profit in 2012, bouncing back from a 516 million pounds loss in 2011 after claims fell on account of fewer natural disasters.
...
March 27, 2013, 6:22 pm

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Big Pharma in nervous wait for India verdict on Glivec patent

By Kaustubh Kulkarni
MUMBAI (Reuters) - Global drugmakers, battered by recent intellectual property decisions in India, are girding for a landmark court ruling next week that could have...
March 27, 2013, 6:10 pm
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World's biggest creature tracked by its song

SYDNEY (AFP) - An Australian-led group of scientists has for the first time tracked down and tagged Antarctic blue whales by using acoustic technology to follow their songs, the government said Wednesday.
March 27, 2013, 5:56 pm

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Ex CIA head says sorry in first speech since quitting

LOS ANGELES (AFP) - Former CIA chief David Petraeus apologized Tuesday for the "mistake" that triggered his resignation last year, in his first public speech since quitting due to an extramarital affair.
March 27, 2013, 5:40 pm

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Belgian police to show arms haul after shootout

BRUSSELS (AFP) - Belgian police were Wednesday due to display guns, ammunition and explosives seized after a motorway chase ended in a deadly shootout with a man suspected of terrorist links.
March 27, 2013, 5:39 pm

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