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Portuguese leaders build faith in bailout exit
Portuguese leaders build faith in bailout exit
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LISBON (Reuters) - President Anibal Cavaco Silva thanked Portugal's patron saint for a long-delayed approval of Lisbon's bailout review last week, but the head of state could claim a share of the credit for himself.
Created 4 minutes ago


Two suicide bombers strike in northern Niger towns- sources
Two suicide bombers strike in northern Niger towns- sources
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NIAMEY (Reuters) - Two suicide bombers struck on Thursday at a military barracks and a plant run by French nuclear group Areva in northern Niger, according to military and company sources.
Created 28 minutes ago


M23 rebels announce ceasefire for UN chief's Congo visit
M23 rebels announce ceasefire for UN chief's Congo visit
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GOMA, Democratic Republic of Congo (Reuters) - Rebels in eastern Congo announced a ceasefire on Thursday in fighting with government troops hours before a visit to the conflict-plagued zone by U.N. Secretary General Ban Ki-moon and World Bank President Jim Yong Kim.
Created 34 minutes ago


Bernanke and growth fears send shares lower, yen up
Bernanke and growth fears send shares lower, yen up
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LONDON (Reuters) - Concerns over the future of the U.S. Federal Reserve's monetary stimulus and weak Chinese factory data sent shares sharply lower and safe haven currencies like the yen higher on Thursday.
Created 45 minutes ago


Miners Vale, Rio Tinto accused of neglecting displaced Mozambicans
Miners Vale, Rio Tinto accused of neglecting displaced Mozambicans
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MAPUTO (Reuters) - Human Rights Watch accused Mozambique's government and foreign mining companies on Thursday of "serious shortcomings" in resettling communities to make way for coal mines, leaving thousands without proper homes, food or sources of income.
Created 47 minutes ago


Five killed, 50 wounded in Lebanon's Tripoli
Five killed, 50 wounded in Lebanon's Tripoli
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TRIPOLI, Lebanon (Reuters) - Five people were killed and more than 50 wounded in overnight clashes in Tripoli between Lebanese gunmen loyal to rival factions in Syria's civil war, doctors and security sources said on Thursday.

Created 48 minutes ago


Barred from election, Rafsanjani lambasts Iranian authorities - report
Barred from election, Rafsanjani lambasts Iranian authorities - report
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DUBAI (Reuters) - Former Iranian president Akbar Hashemi Rafsanjani sharply criticized the country's leadership, opposition website Kaleme said on Thursday, two days after he was disqualified from running in next month's presidential election.
Created 49 minutes ago


IMF's Lagarde in court for French arbitration case
IMF's Lagarde in court for French arbitration case
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PARIS (Reuters) - IMF chief Christine Lagarde arrived in court on Thursday to be questioned by a French magistrate over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former president Nicolas Sarkozy.
Created 58 minutes ago


Latam, Africa surges ensure SABMiller profit growth
Latam, Africa surges ensure SABMiller profit growth
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BRUSSELS (Reuters) - SABMiller , the world's second biggest brewer, reported profit growth in line with expectations thanks to a surge in earnings in Latin America and Africa and said its markets should be broadly unchanged in the coming months.
Created about an hour ago


France backs call to put Hezbollah armed wing on EU terror list
France backs call to put Hezbollah armed wing on EU terror list
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PARIS (Reuters) - France is ready to support a British initiative to put the armed wing of Hezbollah on the European Union's list of terrorist organizations, an official said on Thursday, confirming comments by Foreign Minister Laurent Fabius.

Created about an hour ago


Roadside bomb kills 13 in southwest Pakistan
Roadside bomb kills 13 in southwest Pakistan
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ISLAMABAD (Reuters) - A roadside bomb killed 11 security personnel and two civilians on Thursday in southwestern Pakistan where separatist rebels have for decades been battling to control the region's natural gas and other resources.
Created 1 hour ago


AIG eyes new director with regulatory experience
AIG eyes new director with regulatory experience
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(Reuters) - American International Group Inc's board is looking for a new director with regulatory experience, as the insurer readies for the government to classify it as big enough to merit greater scrutiny, according to two sources familiar with the situation.
Created 2 hours ago


Asian markets sell off on Bernanke remarks, China PMI
Asian markets sell off on Bernanke remarks, China PMI
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SINGAPORE (Reuters) - Hawkish comments by U.S. Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rattled Asian markets on Thursday, sending stock prices down, the U.S. dollar to three-year highs, and Japanese government bond yields to their highest in a year.
Created 2 hours ago


Nissan to recall 841,000 vehicles due to steering wheel glitch
Nissan to recall 841,000 vehicles due to steering wheel glitch
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TOKYO (Reuters) - Nissan Motor Co Ltd will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No.2 automaker said on Thursday.
Created 2 hours ago


China factory activity shrinks for first time in seven months: flash PMI
China factory activity shrinks for first time in seven months: flash PMI
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BEIJING (Reuters) - China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be imminent.

Created 2 hours ago


Canadian businessman goes on trial in Cuban corruption crackdown
Canadian businessman goes on trial in Cuban corruption crackdown
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HAVANA (Reuters) - A Canadian businessman who has confessed to bribing Cuban officials was scheduled to go on trial in Havana on Thursday, almost two years after his arrest in a sweeping government crackdown on corruption.
Created 2 hours ago


Man charged with mailing ricin letter to judge in Washington state
Man charged with mailing ricin letter to judge in Washington state
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OLYMPIA, Washington (Reuters) - Federal authorities on Wednesday arrested a man charged with mailing a letter containing the deadly poison ricin to a U.S. district judge in Spokane, Washington, the FBI said.
Created 2 hours ago


Pfizer takes its shot at a vaccine for evasive superbug
Pfizer takes its shot at a vaccine for evasive superbug
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CHICAGO (Reuters) - Kathrin Jansen is a microbiologist with at least two breakthrough vaccines to her name: she brought the cervical cancer vaccine Gardasil to market for Merck and helped develop the $4 billion a year pneumonia and meningitis vaccine Prevnar 13 for Pfizer.
Created 3 hours ago


Analysis: Crackdown on radical Islamists tests Tunisia's stability
Analysis: Crackdown on radical Islamists tests Tunisia's stability
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TUNIS (Reuters) - For the first time since the Arab Spring uprisings of 2011, relations between mainstream Islamists in government and radical Salafist Muslim activists have reached breaking point, sparking deadly clashes in two Tunisian cities.

Created 3 hours ago


Analysis: In any scandal, lying to Congress is tough to prove
Analysis: In any scandal, lying to Congress is tough to prove
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WASHINGTON, D.C. (Reuters) - When embattled Internal Revenue Service official Lois Lerner was called before a congressional committee Wednesday, she declared that she had done nothing wrong - but said she did not intend to testify. Her defiance only turned up the heat from Republicans who have threatened to take her to court for misleading Congress.
Created 3 hours ago