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Former Giro winner Di Luca tests positive for EPO
Former Giro winner Di Luca tests positive for EPO
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(Reuters) - Former Giro d'Italia winner Danilo Di Luca has been provisionally suspended after testing positive for the banned blood booster erythropoietin (EPO), the International Cycling Union (UCI) said on Friday.
Created 9 minutes ago


World rowing body's chief Oswald runs for IOC top job
World rowing body's chief Oswald runs for IOC top job
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LONDON (Reuters) - World rowing federation (FISA) boss Denis Oswald became the fifth candidate for the International Olympic Committee (IOC) presidency on Friday, with the Swiss sports administrator citing his long experience as an asset.
Created 10 minutes ago


Etisalat makes top bid for Vivendi's Maroc Tel: sources
Etisalat makes top bid for Vivendi's Maroc Tel: sources
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PARIS/LONDON (Reuters) - Gulf telecom operator Etisalat has offered a higher price for Vivendi's Maroc Telecom stake than rival Qatari bidder Ooredoo, according to two people familiar with the matter.
Created 14 minutes ago


Pakistan should consider IMF deal after reforms in place: adviser
Pakistan should consider IMF deal after reforms in place: adviser
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LAHORE, Pakistan (Reuters) - Pakistan's new leadership expects first results of its planned steps to shore up its finances and ease a power crisis in two or three months and only then should decide whether and on what terms to seek an IMF bailout, a senior policy adviser said on Friday.
Created 20 minutes ago


One Direction sweeps awards for most popular social media stars
One Direction sweeps awards for most popular social media stars
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SINGAPORE (Reuters) - British boy band One Direction has swept the inaugural awards recognizing the most popular people in social media globally, coming top in four out of 10 categories at a star-studded ceremony in Singapore.
Created 26 minutes ago


Television wins new respect from movie elite at Cannes festival
Television wins new respect from movie elite at Cannes festival
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CANNES (Reuters) - Actors and directors gathered for the world's leading movie showcase in Cannes this week said television was increasingly luring top talent and should no longer be seen as artistically inferior to the big screen.
Created 27 minutes ago


Taliban attack U.N. compound in Afghan capital: police
Taliban attack U.N. compound in Afghan capital: police
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KABUL (Reuters) - Taliban militants launched a coordinated attack on a U.N. compound in the center of the Afghan capital, Kabul, on Friday setting off explosions and battling the security forces.

Created 31 minutes ago


Spain's Princess Cristina faces new tax probe
Spain's Princess Cristina faces new tax probe
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MADRID (Reuters) - A Spanish judge has opened an investigation into Princess Cristina's tax returns after an earlier charge of being an accomplice in an embezzlement case against her husband was dropped.

Created 32 minutes ago


Insight: Luxury brands position for U.S. boom
Insight: Luxury brands position for U.S. boom
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PARIS/NEW YORK (Reuters) - Most men might balk at spending $600 on a pair of Dior sneakers but for U.S. shoppers like Ephraim, an upbeat 30-year-old, such indulgences are becoming increasingly commonplace.
Created 36 minutes ago


China solar companies shun home market in pursuit of margins
China solar companies shun home market in pursuit of margins
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(Reuters) - Chinese solar panel makers are shunning their overcrowded home market in favor of lucrative exports, a switch that has helped to arrest a two-year slump in margins and push shares to 12-month peaks.
Created 37 minutes ago


Wall Street slips on angst over longevity of Fed stimulus
Wall Street slips on angst over longevity of Fed stimulus
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NEW YORK (Reuters) - Stocks fell for a third day on Friday amid lingering concern the central bank may scale back its support to the economy.
Created 38 minutes ago


UK fighters escort Pakistan plane to airport, two arrests
UK fighters escort Pakistan plane to airport, two arrests
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LONDON (Reuters) - British fighter jets escorted a Pakistan International Airlines passenger plane to Stansted Airport near London on Friday, where police went on board and arrested two men on suspicion of endangering an aircraft.
Created 40 minutes ago


Spain's Princess Cristina faces new tax probe charge
Spain's Princess Cristina faces new tax probe charge
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MADRID (Reuters) - A Spanish judge has opened an investigation into Princess Cristina's tax returns after an earlier charge of being an accomplice in an embezzlement case against her husband was dropped.

Created 49 minutes ago


News Corp's publishing business to initiate stock buyback
News Corp's publishing business to initiate stock buyback
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(Reuters) - News Corp set the distribution ratios for the spinoff of its publishing business and said the spinoff may start buying back stock right away.
Created 54 minutes ago


Britain scrambles fighters as Pakistani airliner diverted
Britain scrambles fighters as Pakistani airliner diverted
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LONDON (Reuters) - Britain launched fighter jets on Friday to escort a Pakistan International Airlines passenger plane arriving from Lahore in Pakistan to an airport near London after it was diverted from Manchester, the Defence Ministry said.
Created about an hour ago


Turkey bans alcohol advertising and curbs sales
Turkey bans alcohol advertising and curbs sales
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ANKARA (Reuters) - Turkey banned alcohol advertising and tightened restrictions on its sale on Friday, drawing criticism from secular Turks as well as the country's brewing industry.
Created about an hour ago


Wall Street falls at open as Fed plans gauged
Wall Street falls at open as Fed plans gauged
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NEW YORK (Reuters) -Stocks fell at the open on Friday, putting Wall Street on track for its first weekly decline since mid April, amid concern the central bank may scale back its support to the economy.
Created about an hour ago


HSBC Chairman urges acceleration of bank reform
HSBC Chairman urges acceleration of bank reform
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LONDON (Reuters) - HSBC's Chairman Douglas Flint called for an acceleration in the speed of reform within the industry as the bank was criticized by shareholders for compliance failings and accusations it aided tax avoidance.
Created about an hour ago


Britain scrambles fighter jets to escort Pakistani passenger plane
Britain scrambles fighter jets to escort Pakistani passenger plane
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LONDON (Reuters) - Britain launched fighter jets on Friday to escort a Pakistan International Airlines plane carrying 297 passengers from Lahore after it was diverted from Manchester, a spokesman for the Defense Ministry said.
Created 1 hour ago


Russia's oldest rights group fights 'foreign agent' tag
Russia's oldest rights group fights 'foreign agent' tag
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MOSCOW (Reuters) - Russia's oldest rights group began a legal battle on Friday to avoid being branded a "foreign agent" under a new law it sees as a tool of repression by President Vladimir Putin.
Created 1 hour ago