Browse Events

SNB lauds UBS, Credit Suisse capital steps, warns on leverage
ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse and UBS to bolster their capital levels, but said leverage ratios still lag international rivals.

Dotcom decries 'largest data massacre' after company deletes files
WELLINGTON (Reuters) - The founder of the outlawed Megaupload file-sharing site denounced on Thursday "the largest data massacre in the history of the internet", after a European firm wiped out private photos, videos and documents stored on servers used by the site.

Intrepid Mines board survives coup over lost Indonesia mine
MELBOURNE (Reuters) - Shareholders of Intrepid Mines backed their board and its attempt to reclaim rights to a $5 billion copper and gold project in Indonesia, defeating a plan by a private equity investor to oust the board on Thursday.

Davis power surge continues, homers twice in win over Tigers
(Reuters) - Chris Davis continued his power surge by blasting a pair of home runs as the Baltimore Orioles bashed Detroit 13-3 on Wednesday.

Asia assets hammered on China fears, Fed upset
TOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month low.

Shuffle leaves Blackhawks coach with winning hand
BOSTON (Reuters) - Coach Joel Quenneville shuffled his deck and came up with a winning hand as the Chicago Blackhawks' aces found their target in a wild 6-5 win over the Boston Bruins on Wednesday to level the Stanley Cup Final at two games each.

Lawyers for accused Colorado gunman barred from psychiatric exam
DENVER (Reuters) - Lawyers for James Holmes, who has pleaded not guilty by reason of insanity to killing 12 moviegoers in a Colorado theater last year, cannot be present during his court-ordered psychiatric examination, the judge in the murder case ruled on Wednesday.

China factory activity hits nine month low, policy action eyed
BEIJING (Reuters) - China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central bank to loosen policy.

Hurdler Pearson to return from injury next week
(Reuters) - World and Olympic champion Sally Pearson will compete in her first 100 meters hurdles event since winning gold at last year's London Games when she races in the Czech Republic next week, Athletics Australia said on Thursday.

SNB welcomes UBS, Credit Suisse capital steps, warns on housing market
ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse and UBS to bolster their capital, and warned it could take further action to prevent what it sees as lax mortgage lending in Switzerland.

Two-fifths of U.S. adults care for sick, elderly relatives
WASHINGTON (Reuters) - Four in 10 U.S. adults are now caring for a sick or elderly family member as more people develop chronic illnesses and the population ages, a new study has found.

Seabrook scores OT winner as Bruins level series
BOSTON (Reuters) - Brent Seabrook's overtime goal lifted the Chicago Blackhawks to a wild 6-5 win over the Boston Bruins on Wednesday to level the Stanley Cup Final at two games each.

Fewer drivers seen on July 4 as shorter holiday, economy bite: AAA
(Reuters) - Fewer drivers will take to the road during the Independence Day holiday in part due to a sluggish economy, but also because people will take less time off, travel group AAA said on Thursday.

Lawmaker, university spar over 'control' of Chinese dissident in U.S.
WASHINGTON (Reuters) - A U.S. congressman who has been blind Chinese dissident Chen Guangcheng's main champion in Washington said people working for New York University have tried to keep him from meeting Chen, barging into a meeting on Capitol Hill and pulling Chen out on one occasion.

Britain, France face EU action over high Eurostar charges
BRUSSELS (Reuters) - The European Commission has given France and Britain two months to respond to a request to lower charges for passenger and freight trains to use the Channel Tunnel, or face possible court action, it said on Thursday.

China jails 19 Uighurs for religious extremism
BEIJING (Reuters) - Courts in China's far western region of Xinjiang have sentenced 19 ethnic Uighurs to up to six years in jail for promoting racial hatred and religious extremism online, in the latest crackdown on what China sees as violent separatists.

Yankees impressed with first look at LA's Puig
NEW YORK (Reuters) - The New York Yankees had a first-hand look at Cuban rookie sensation Yasiel Puig of the Los Angeles Dodgers on Wednesday and came away mightily impressed.

U.S. celebrity chef explains use of racial epithet in deposition
(Reuters) - U.S. celebrity chef Paula Deen, known for her high-calorie Southern cooking, admitted in a deposition that surfaced on Wednesday that she has used racial slurs but her attorney says she does not tolerate prejudice.

Virus sickens 200 at Yellowstone, Grand Teton parks
(Reuters) - Two of America's premier national parks, Yellowstone and Grand Teton, warned visitors on Wednesday about a gastrointestinal illness that has sickened at least 200 people at the start of the summer tourist season.

Blackhawks and Bruins headed to overtime
BOSTON (Reuters) - Game Four of the Stanley Cup Final between Boston and the Chicago Blackhawks went to overtime on Wednesday after the Bruins' Johnny Boychuk scored to tie the game at 5-5 at the end of three periods.