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Insight: In attacker's argot, Londoners shocked to hear one of their own
Insight: In attacker's argot, Londoners shocked to hear one of their own
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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.
Created 2 minutes ago


Ride-share service Lyft raises $60 million from venture capital firm
Ride-share service Lyft raises $60 million from venture capital firm
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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.
Created 15 minutes ago


Italy's Berlusconi in tax fraud scheme as PM, judges say
Italy's Berlusconi in tax fraud scheme as PM, judges say
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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.
Created 17 minutes ago


Sudan, South Sudan vow to keep oil flowing, differ on pumping problem
Sudan, South Sudan vow to keep oil flowing, differ on pumping problem
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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.
Created 23 minutes ago


Kenyan police clear truckers blocking east Africa's main trade route
Kenyan police clear truckers blocking east Africa's main trade route
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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.

Created 24 minutes ago


Hundreds mourn Oklahoma tornado victim, schoolgirl who liked to sing
Hundreds mourn Oklahoma tornado victim, schoolgirl who liked to sing
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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.
Created 27 minutes ago


Glencore says Iran metals swap deals did not violate sanctions
Glencore says Iran metals swap deals did not violate sanctions
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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.
Created 29 minutes ago


Novo Nordisk says obesity drug trial confirms weight loss
Novo Nordisk says obesity drug trial confirms weight loss
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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.

Created 29 minutes ago


Wall St. dips as data, HP offset stimulus fears
Wall St. dips as data, HP offset stimulus fears
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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.

Created 30 minutes ago


Pirelli warn they could quit F1
Pirelli warn they could quit F1
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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.
Created 32 minutes ago


Around 10 injured in Guinea opposition protest: hospital source
Around 10 injured in Guinea opposition protest: hospital source
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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.

Created 32 minutes ago


Berlin hopes efforts on youth jobs will help its image in Europe
Berlin hopes efforts on youth jobs will help its image in Europe
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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.
Created 41 minutes ago


Large U.S. retailers sue Visa, MasterCard over card fees
Large U.S. retailers sue Visa, MasterCard over card fees
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(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.
Created 45 minutes ago


Jobs, housing data show economy has some muscle
Jobs, housing data show economy has some muscle
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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.
Created 47 minutes ago


EU pledges 5 billion euros funding for electronics research
EU pledges 5 billion euros funding for electronics research
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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.
Created 49 minutes ago


Jerry Lewis plays both straight man and clown at Cannes festival
Jerry Lewis plays both straight man and clown at Cannes festival
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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.
Created 51 minutes ago


Crisis forces Italy's La Scala to cut back on productions
Crisis forces Italy's La Scala to cut back on productions
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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.
Created 52 minutes ago


Boy Scouts of America set to vote on gay youth ban
Boy Scouts of America set to vote on gay youth ban
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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.
Created 58 minutes ago


U.S., China factories struggle; Fed hints at less stimulus
U.S., China factories struggle; Fed hints at less stimulus
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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.

Created about an hour ago


E-commerce software maker ChannelAdvisor soars in debut
E-commerce software maker ChannelAdvisor soars in debut
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(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.
Created about an hour ago