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Insight: In attacker's argot, Londoners shocked to hear one of their own
LONDON (Reuters) - In the lurid scene of the red-handed knifeman describing his motives for hacking to death a British soldier in broad daylight, perhaps the most chilling aspect for Londoners was the man's unmistakably familiar accent.

Ride-share service Lyft raises $60 million from venture capital firm
SAN FRANCISCO (Reuters) - Ride-sharing service Lyft said it had raised $60 million from venture-capital firm Andreessen Horowitz, underscoring the growing appeal of services that tap into consumers' willingness to share goods and services for a fee.

Italy's Berlusconi in tax fraud scheme as PM, judges say
MILAN (Reuters) - Former Italian Prime Minister Silvio Berlusconi was involved in a tax fraud scheme while he was head of government, a Milan court said in a document released on Thursday explaining its earlier decision to uphold his four-year conviction.

Sudan, South Sudan vow to keep oil flowing, differ on pumping problem
KHARTOUM/ADDIS ABABA (Reuters) - Sudan and South Sudan's oil ministers on Thursday vowed to continue cross-border oil flows but gave contradictionary opinions whether a technical problem at a pumping station which had cut output had been fixed.

Kenyan police clear truckers blocking east Africa's main trade route
MOMBASA (Reuters) - Kenyan police cleared the only highway from the Indian Ocean port city of Mombasa to the capital Nairobi on Thursday, two days after striking truck drivers blocked it and threatened to choke the main trade artery in east Africa.

Hundreds mourn Oklahoma tornado victim, schoolgirl who liked to sing
OKLAHOMA CITY (Reuters) - Hundreds of people gathered in stormy weather on Thursday to mourn a 9-year-old girl who loved to sing, dance and paint, as funerals began for 24 victims of a massive tornado that obliterated whole sections of Moore, Oklahoma.

Glencore says Iran metals swap deals did not violate sanctions
UNITED NATIONS (Reuters) - Swiss-based commodities giant Glencore Xstrata said on Thursday that it had done nothing wrong when it engaged in metal swaps with Iran, rejecting a suggestion by U.N. experts that such bartering could have been a way of evading sanctions against Tehran over its nuclear program.

Novo Nordisk says obesity drug trial confirms weight loss
COPENHAGEN (Reuters) - Denmark's Novo Nordisk, the world's biggest insulin producer, said Phase III study results had shown people treated with its liraglutide drug had an 8 percent weight loss.

Wall St. dips as data, HP offset stimulus fears
NEW YORK (Reuters) - Stocks slipped on Thursday, recovering from session lows as encouraging domestic economic data and a rally in Hewlett-Packard's shares offset concerns about the timing of any reduction in the Federal Reserve's monetary stimulus.

Pirelli warn they could quit F1
MONACO (Reuters) - Formula One tire supplier Pirelli warned teams on Thursday that they will quit the sport at the end of the season if a new contract from 2014 is not agreed soon.

Around 10 injured in Guinea opposition protest: hospital source
CONAKRY (Reuters) - Ten people were injured when security forces and supporters of Guinea President Alpha Conde clashed with protesters marching in the capital against planned legislative elections on Thursday, a hospital source said.

Berlin hopes efforts on youth jobs will help its image in Europe
BERLIN (Reuters) - German alarm that their country is blamed for austerity measures compounding the problems in the euro zone helps explain Berlin's bilateral efforts to tackle youth unemployment in some of the countries worst affected.

Large U.S. retailers sue Visa, MasterCard over card fees
(Reuters) - A group of U.S. retailers including Macy's Inc and Target Corp sued Visa Inc and MasterCard Inc on Thursday, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions.

Jobs, housing data show economy has some muscle
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington.

EU pledges 5 billion euros funding for electronics research
BRUSSELS (Reuters) - The European Union is pledging 5 billion euros ($6.5 billion) to boost research on semiconductors and other electronics items used in everything from smartphones to cars, in a bid to boost the sector which is lagging U.S. and Asian rivals.

Jerry Lewis plays both straight man and clown at Cannes festival
CANNES (Reuters) - Veteran comedian-actor Jerry Lewis plays a dramatic role in his first movie in 18 years, "Max Rose", which is premiering at the Cannes film festival, but showed on Thursday he had lost none of his talent for playing the clown.

Crisis forces Italy's La Scala to cut back on productions
MILAN (Reuters) - Italy's opera house La Scala will scale back on productions in the 2013-2014 season because of the economic crisis and lower state support, its general manager said on Thursday.

Boy Scouts of America set to vote on gay youth ban
GRAPEVINE, Texas (Reuters) - The Boy Scouts of America will vote on Thursday on a proposal to remove its ban on openly gay scouts that has been in place throughout the organization's 103-year history.

U.S., China factories struggle; Fed hints at less stimulus
LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest pace since October, suggesting it may take a while before the global economy starts to pick up steam.

E-commerce software maker ChannelAdvisor soars in debut
(Reuters) - ChannelAdvisor Corp shares soared as much as 39 percent in their market debut on Thursday as investors bet the e-commerce software company will benefit from the rapid global spread of online buying and selling.