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U.S. arms companies see rising foreign demand
PARIS (Reuters) - U.S. arms makers see rising foreign demand for fighter jets, missile defense systems and other weapons as countries modernize their forces and U.S. officials, facing tighter budgets, encourage allies to invest more in intelligence gathering and aerial refueling equipment.

North Korea repeats offer for nuclear talks
BEIJING (Reuters) - A top North Korean diplomat repeated an offer for international talks over his country's disputed nuclear program during a meeting in China on Wednesday, saying the denuclearization of the peninsula was the "dying wish" of North Korea's founder.

Nadal seeded a dangerous fifth for Wimbledon
LONDON (Reuters) - Rafa Nadal could face world number one Novak Djokovic, defending champion Roger Federer or home favorite Andy Murray as early as the Wimbledon quarter-finals after he was seeded fifth for the grasscourt major on Wednesday.

Obama defends intelligence tactics in wary Berlin
BERLIN (Reuters) - President Barack Obama defended U.S. intelligence methods on a visit to Berlin on Wednesday, telling Chancellor Angela Merkel and wary Germans that Washington was not monitoring the emails of ordinary citizens or damaging civil liberties.

Obama defends terrorism tactics in wary Berlin
BERLIN (Reuters) - President Barack Obama defended U.S. intelligence methods on a visit to Berlin on Wednesday, telling Chancellor Angela Merkel and wary Germans that Washington was not monitoring the emails of ordinary citizens or damaging civil liberties.

EADS says window closed for new BAE merger attempt
PARIS (Reuters) - European aerospace group EADS said on Wednesday the window for a merger with BAE Systems was "closed".

Telecom Italia eyes network deal with regulator by early 2014
ROME (Reuters) - Telecom Italia aims to reach a deal with Italy's telecommunications regulator AGCOM on the spin off of its domestic fixed line network by early next year, the company's chairman said on Wednesday.

Nigeria bans satellite phones in Islamist battleground
MAIDUGURI (Reuters) - Nigeria's military banned the use of Thuraya satellite phones on Wednesday in northeastern Borno state, a step it said was designed to stop Islamist militants communicating.

Europe faces uphill battle over youth unemployment
BRUSSELS (Reuters) - European Union leaders will hold a summit later this month to tackle the growing scourge of youth unemployment. But there's a problem: the 6 billion euros they want to use to get to grips with the issue aren't yet available.

FedEx shares dip on growth concerns
(Reuters) - FedEx Corp said on Wednesday it was cutting its capacity between the United States and Asia, sending its shares lower on concerns about future growth, even as the world's biggest air-freight company posted a stronger-than-expected profit.

Indian GP organizers dismiss race rumors
(Reuters) - Indian Grand Prix organizers on Wednesday dismissed media speculation that they may not host a Formula One race next year as "totally baseless and malicious".

Orders top $100 billion as Ryanair gives Boeing a boost
PARIS (Reuters) - Orders at the Paris Airshow surpassed $100 billion on Wednesday, as planemakers Boeing and Airbus cashed in on demand for fuel-efficient jets and growth in both budget carriers and emerging markets.

British ballet dancer David Wall dies of cancer aged 67
LONDON (Reuters) - British ballet dancer David Wall, known for becoming the youngest male principal at the Royal Ballet at the age of 21, has died of cancer aged 67 at his home in London.

North Korea says is willing to return to nuclear talks
BEIJING (Reuters) - North Korea is willing to resolve the dispute over its nuclear program peacefully through talks, including returning to stalled six-party talks process, China's Foreign Ministry cited a senior North Korean diplomat as saying on Wednesday.

Hot flashes common even before menopause
NEW YORK (Reuters Health) - Most women expect hot flashes as a part of the "change of life," but more than half start sweating before menopause has actually begun, according to a survey.

Wall St. to open little changed as Fed statement looms
NEW YORK (Reuters) - Stocks were set to open little changed on Wednesday, holding on to gains over the last two days, ahead of a highly anticipated Federal Reserve statement and news conference.

Contador has solid support but no Dane in Saxo Tour team
PARIS (Reuters) - Alberto Contador will be supported by Michael Rogers, Roman Kreuziger and Nicolas Roche as he bids for a third Tour de France title in a Team Saxo-Tinkoff squad without a Danish rider, the team said on Wednesday.

Lockheed, Mitsubushi Heavy sign deal for F-35 assembly
PARIS (Reuters) - Lockheed Martin Corp has signed a contract with Mitsubishi Heavy Industries Ltd to begin work on a final assembly and check-out plant for the F-35 Joint Strike Fighter in Japan, it said on Wednesday.

Tesla recalls some Model S cars due to seat-mount defect
(Reuters) - Electric car maker Tesla Motors Inc said it is recalling 1,228 of its 2013 Model S cars manufactured between May 10 and June 8 due to a defect in the mounting bracket of the rear seat.

Sony spin-off plan off the agenda but on the radar at shareholder meeting
TOKYO (Reuters) - Sony Corp's top investor Daniel Loeb will miss its shareholder meeting on Thursday and those attending will not be considering his proposal to partially spin off the lucrative entertainment business, sources familiar with the matter said.