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Ireland says not to blame for Apple's low tax rate
Ireland says not to blame for Apple's low tax rate
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DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits stashed in Irish subsidiaries.
Created 2 minutes ago


Best Buy sees investments squeezing near-term profits
Best Buy sees investments squeezing near-term profits
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(Reuters) - Best Buy Co Inc reported weak quarterly sales on Tuesday and warned that a slew of investments to entice shoppers could squeeze profits in the near term.

Created 10 minutes ago


Russia says kills senior Islamist insurgent
Russia says kills senior Islamist insurgent
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MOSCOW (Reuters) - The right-hand man of Russia's most wanted insurgent was killed by security forces on Tuesday, officials said, as Moscow tries to contain militancy in its Caucasus region before it hosts the Winter Olympics near there next February.

Created 13 minutes ago


UK's Cameron committed to ruling in coalition until 2015: spokesman
UK's Cameron committed to ruling in coalition until 2015: spokesman
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LONDON (Reuters) - British Prime Minister David Cameron is committed to governing as part of a two-party coalition until the next national election in 2015, his spokesman said on Tuesday, days after Cameron raised the prospect of the alliance breaking apart.
Created 14 minutes ago


Iranians face new Internet curbs before presidential election
Iranians face new Internet curbs before presidential election
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DUBAI (Reuters) - Iranians are struggling with slower Internet speeds and limited access ahead of an unpredictable presidential election that has put hardline Islamist authorities on alert for possible unrest.
Created 16 minutes ago


Rubber bullets fired at South African mine strikers, several hurt
Rubber bullets fired at South African mine strikers, several hurt
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CAPE TOWN (Reuters) - Ten striking South African miners were taken to hospital on Tuesday after being hit by rubber bullets, police said, as labor strife swells in mines and factories ahead of mid-year pay negotiations.
Created 21 minutes ago


Bangladesh panel to recommend life in prison over building collapse
Bangladesh panel to recommend life in prison over building collapse
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DHAKA (Reuters) - A committee investigating a deadly collapse of a building housing garment factories in Bangladesh will recommend that nine people detained in connection with the disaster be sentenced to life in prison, the panel's chief said on Tuesday.

Created 22 minutes ago


Dollar firms before Bernanke, inflation dip hits sterling
Dollar firms before Bernanke, inflation dip hits sterling
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LONDON (Reuters) - The dollar firmed, gold fell and shares slipped off five-year highs on Tuesday as investors postioned for an update on the future of the U.S. Federal Reserve's stimulus programme.
Created 26 minutes ago


Stock futures flat as market drifts near record high
Stock futures flat as market drifts near record high
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NEW YORK (Reuters) - Stock index futures were little changed on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Fed chairman Ben Bernanke on Wednesday.
Created 27 minutes ago


AcelRX drug device meets main goal of late-stage study; shares jump
AcelRX drug device meets main goal of late-stage study; shares jump
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(Reuters) - AcelRX Pharmaceuticals Inc said its experimental drug device to treat post-operative pain met the main goal of controlling pain in a late-stage study among patients who had undergone knee or hip replacement surgery.
Created 27 minutes ago


Regeneron, Sanofi asthma drug seen as potential game changer
Regeneron, Sanofi asthma drug seen as potential game changer
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(Reuters) - A new type of asthma drug meant to attack the underlying causes of the respiratory disease slashed episodes by 87 percent in a mid-stage trial, making it a potential game changer for patients with moderate to severe disease, researchers said on Tuesday.
Created 28 minutes ago


Stock futures little changed as market drifts near record high
Stock futures little changed as market drifts near record high
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NEW YORK (Reuters) - Stock index futures slipped on Tuesday after the S&P 500 hit yet another intraday record in the previous session, with markets expected to drift sideways ahead of Congressional testimony from Fed chairman Ben Bernanke on Wednesday.
Created 42 minutes ago


McGinley raises Ryder Cup picks from two to three
McGinley raises Ryder Cup picks from two to three
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VIRGINIA WATER, England (Reuters) - Europe's Ryder Cup captain Paul McGinley has announced he will have three wildcard selections for next year's match against the United States in Scotland.
Created 59 minutes ago


Best Buy profit tops estimates, sales miss
Best Buy profit tops estimates, sales miss
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(Reuters) - Best Buy Co Inc reported weaker-than-expected quarterly sales on Tuesday and warned that a slew of investments to win back shoppers could squeeze profits in the near term.

Created 59 minutes ago


Governing bodies to prohibit anchoring of putters from 2016
Governing bodies to prohibit anchoring of putters from 2016
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LONDON (Reuters) - Golf's governing bodies will ban the anchoring of putters from January 2016, the Royal and Ancient and the United States Golf Association said in a joint statement on Tuesday.
Created 59 minutes ago


AutoZone profit rises as costs fall
AutoZone profit rises as costs fall
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(Reuters) - AutoZone Inc , the largest U.S. auto parts retailer, reported a 7 percent rise in quarterly profit as costs fell.

Created about an hour ago


EU mission seeks to rebuild Mali army after U.S. faltered
EU mission seeks to rebuild Mali army after U.S. faltered
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KOULIKORO, Mali (Reuters) - Under a blazing sun and the critical gaze of British and Irish instructors, a line of 11 Malian soldiers lie prone in the dust firing AK-47 rounds at targets, one-by-one.
Created about an hour ago


Algerian prime minister says President Bouteflika convalescing
Algerian prime minister says President Bouteflika convalescing
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ALGIERS (Reuters) - Algeria's prime minister, reacting to reports that President Abdelaziz Bouteflika is seriously ill, said the 76-year-old was recovering in France but has been ordered to take complete rest by his doctors.
Created about an hour ago


Frenetic search for survivors as 91 feared dead in tornado-hit Oklahoma
Frenetic search for survivors as 91 feared dead in tornado-hit Oklahoma
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MOORE, Oklahoma (Reuters) - Pre-dawn emergency workers searched feverishly for survivors in the rubble of homes, primary schools and an hospital in an Oklahoma City suburb ravaged by a massive Monday afternoon tornado feared to have killed up to 91 people and injured well over 200 residents.
Created about an hour ago


Housing recovery boosts Home Depot results; outlook raised
Housing recovery boosts Home Depot results; outlook raised
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(Reuters) - Home Depot Inc reported higher-than-expected quarterly results and raised its sales and profit outlook for the year as the world's largest home improvement chain benefited from a nascent recovery in the U.S. housing market.
Created about an hour ago