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Spain's Princess Cristina faces new tax probe charge
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.

News Corp's publishing business to initiate stock buyback
(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.

Britain scrambles fighters as Pakistani airliner diverted
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.

Turkey bans alcohol advertising and curbs sales
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.

Wall Street falls at open as Fed plans gauged
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.

HSBC Chairman urges acceleration of bank reform
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.

Britain scrambles fighter jets to escort Pakistani passenger plane
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.

Russia's oldest rights group fights 'foreign agent' tag
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.

Wall Street set to open lower as Fed assessed
NEW YORK (Reuters) - Stocks were set to open lower on Friday, setting up Wall Street for its first weekly decline since mid April, amid concern the U.S. central bank may scale back its support to the economy.

Truck crash may have caused Washington state bridge collapse
OLYMPIA, Washington (Reuters) - A truck crashed into a four-lane freeway bridge in Washington state Thursday evening and may have caused it to collapse, sending vehicles and drivers tumbling into a frigid river, officials said.

IOC sets September 1 deadline for India to hold elections
MUMBAI (Reuters) - The International Olympic Committee has set India a September 1 deadline for a new election to facilitate the country's return to the Olympic fold.

Durable goods orders rise, point to factory resilience
WASHINGTON (Reuters) - Orders for long-lasting manufactured goods rose more than expected in April, a hopeful sign that a contraction in factory output could soon run its course.

Donald bemoans `terrible' display as he heads for PGA exit
VIRGINIA WATER, England (Reuters) - Luke Donald, the PGA Championship winner in 2011 and 2012, is almost certain to miss the cut after returning a level-par 72 for a six-over total of 150 at Wentworth on Friday.

Death toll from Guinea opposition march rises to four
CONAKRY (Reuters) - The official death toll from Thursday's clashes between Guinean opposition protesters and police and government supporters rose to four on Friday, meaning at least 22 people have now been killed in unrest since March.

Blasts, shooting in center of Afghan capital
KABUL (Reuters) - Several large explosions rocked a busy area in the center of the Afghan capital, Kabul, on Friday with Reuters witnesses describing shooting in the area.

P&G CEO switch will not lead to big strategy change-CFO
(Reuters) - Procter & Gamble Co said on Friday the surprise return of A.G. Lafley as chairman and chief executive was not an indication of any bigger problems at the world's largest consumer products maker.

U.S. casts doubt on credibility of Iranian election
TEL AVIV (Reuters) - The United States on Friday called into question the credibility of Iran's presidential election next month, criticizing the disqualification of candidates and accusing the government of disrupting Internet access.

Dish and nTelos to jointly develop broadband service
(Reuters) - Satellite TV provider Dish Network Corp and wireless network provider nTelos Holdings Corp said they would jointly develop a broadband service within nTelos's coverage territory serving parts of Virginia, Maryland and a few other states.

SAP says cloud computing specialist Dalgaard to leave
FRANKFURT (Reuters) - German business software maker SAP said on Friday that Lars Dalgaard, who had widely been expected to lead its cloud computing business, was leaving.

Futures trim declines after durable goods
NEW YORK (Reuters) - Stock index futures trimmed declines on Friday after data showed orders for durable goods rose more than expected last month, providing an encouraging sign for the factory sector.