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End to Fed stimulus, China slowdown rattles swathe of world investments
LONDON (Reuters) - The U.S. Federal Reserve's explicit signal it will stop pumping money into the world economy and data showing China's economy slowing down swept across financial markets on Thursday, sinking bonds, shares and commodities alike.

Beckham looks to the future to improve Chinese game
SHANGHAI (Reuters) - Chinese football ambassador David Beckham drew a line under the country's shady soccer history on Thursday, saying he hoped to inspire the local children back to the sport.

German insurance claims for flood damage may be nearly $8 billion: AIR
FRANKFURT (Reuters) - Insurance claims for flood damage in Germany may be as much as 6 billion euros ($8 billion), catastrophe modeling firm AIR Worldwide said on Thursday, after the worst flooding in a decade.

Trial of 'Whitey' Bulger returns to evidence of murders
BOSTON (Reuters) - The trial of James "Whitey" Bulger on Thursday turns back to evidence of the 19 murders the alleged mob boss is accused of committing or ordering while he ran the ruthless Winter Hill crime gang in the 1970s and '80s.

Pirate Bay founder sentenced to two years in Sweden hacking case
STOCKHOLM (Reuters) - A co-founder of file-sharing website Pirate Bay was sentenced to two years in prison on Thursday after being found guilty of hacking into computers at a company that manages data for the Swedish tax authority, the court said.

Insight: Chinese whispers: Who wants to bet on the 'Nicaragua Canal'?
MANAGUA/PANAMA CITY (Reuters) - For centuries since the colonization of the New World, entrepreneurs have dreamed of building a canal spanning Nicaragua to make it easier to tap Asia's riches.

French watchdog tells Google to change privacy policy
PARIS (Reuters) - France's data protection watchdog ordered Google on Thursday to change its privacy policy or face fines, leading a Europe-wide push to get the Internet giant to clarify its intentions and methods for collecting user data.

French data watchdog tells Google to change privacy policy
PARIS (Reuters) - France's data protection watchdog ordered Google on Thursday to change its privacy policy or face fines, heading an EU-wide push to get the Internet giant to better spell out its intentions and methods for collecting user data.

Euro zone business slump eases but second quarter contraction likely: PMI
LONDON (Reuters) - The euro zone's private sector slump has eased more than expected this month, business surveys showed on Thursday, but a continued slide in new orders suggested a full recovery is still some way off.

Asia dominates world's most expensive office spaces: report
NEW YORK (Reuters) - Five of the six most expensive office areas in the world are in Asia, as demand by global companies to locate their outstripped the supply, according to a semiannual report released on Thursday by real estate services company CBRE Inc.

Syria's warring sides trade wheat for flour
IDLIB PROVINCE, Syria (Reuters) - Away from the battlefield, some Syrian rebels are doing business with the same government they are trying to topple.

Airbus pieces together air show order finale
PARIS (Reuters) - European planemaker Airbus sought to finalize a flurry of orders on Thursday to avoid a rare defeat to U.S. arch-rival Boeing at its domestic Paris Airshow.

Bonds, shares slump as Fed signals end to stimulus
LONDON (Reuters) - Bonds, shares and commodities fell sharply around the world on Thursday and the dollar rose after the U.S. Federal Reserve explicitly signaled an end to easy money and data showed China's economy slowing down.

Asian markets hammered on China fears, Fed exit plan
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.

Toews on target and Blackhawks back on track
BOSTON (Reuters) - Chicago Blackhawks captain Jonathan Toews is what coaches like to call a "complete" ice hockey player.

GSK links with French venture firm to target rare diseases
LONDON (Reuters) - GlaxoSmithKline is investing 17.5 million euros ($23.5 million) in a new venture fund to invest in drugs for rare diseases, underscoring the growing role of big drugmakers in backing start-up companies.

Sony CEO asks for patience as shareholders press on spinoff plan
TOKYO (Reuters) - Sony Corp shareholders pressed its chief executive for a response to hedge fund Third Point's proposal for a partial spinoff of its profitable entertainment arm but Kazuo Hirai pleaded for patience as management reviews the bold plan.

UK watchdog details bank capital shortfalls
LONDON (Reuters) - Lloyds Bank has a capital shortfall of 8.6 billion pounds, Britain's banking regulator said on Thursday, a day after the UK government signaled plans to return the part-state owned lender to the private sector.

Japan's Nomura cuts Australian jobs as banks trim costs
SYDNEY (Reuters) - Japan's biggest brokerage firm Nomura Holdings Inc flagged redundancies in its Australian equities team, in an internal memo seen by Reuters.

India sets up elaborate system to tap phone calls, e-mail
NEW DELHI (Reuters) - India has launched a wide-ranging surveillance program that will give its security agencies and even income tax officials the ability to tap directly into e-mails and phone calls without oversight by courts or parliament, several sources said.