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P&G CEO switch will not lead to big strategy change-CFO

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(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.Created 4 minutes ago
U.S. casts doubt on credibility of Iranian election



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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.Created 6 minutes ago
Dish and nTelos to jointly develop broadband service



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(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.Created 9 minutes ago
SAP says cloud computing specialist Dalgaard to leave

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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.Created 10 minutes ago
Futures trim declines after durable goods

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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.Created 19 minutes ago
Durable goods orders rise, point to factory sector resilience

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WASHINGTON (Reuters) - Orders for long-lasting manufactured goods rose more than expected in April, a sign of resilience in the factory sector despite belt-tightening in Washington and weakness in overseas markets.Created 21 minutes ago
BA jet makes emergency landing after engine fire

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LONDON (Reuters) - A British Airways plane with 80 people on board made an emergency landing at London's Heathrow airport on Friday after the right engine burst into flames shortly after take-off and the casing ripped away from the left.Created 30 minutes ago
Futures fall, Wall Street set for weekly decline

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NEW YORK (Reuters) - Stock index futures fell on Friday, setting up Wall Street for its first weekly decline since mid April, amid concern the central bank may scale back its support to the economy.Created 34 minutes ago
Raiffeisen CEO quits over offshore deals

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VIENNA (Reuters) - Raiffeisen Bank International Chief Executive Herbert Stepic resigned on Friday in what he called an effort to spare his bank from negative publicity over personal property deals that triggered scrutiny by the lender and regulators.Created 35 minutes ago
Large blast heard in center of Afghan capital



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KABUL (Reuters) - A large blast was heard in the center of the Afghan capital, Kabul, on Friday with a Reuters witness hearing heavy shooting directly afterwards.Created 44 minutes ago
Yemen's main oil pipeline attacked, pumping stopped

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SANAA (Reuters) - Attackers blew up Yemen's main oil export pipeline on Friday, halting the flow of crude, the government and industry sources said.Created 45 minutes ago
Analysis: German economy to pick up but fall short of traditional pace

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BERLIN (Reuters) - Germany's economy will recover from a bout of winter weakness but fall well short of the dynamic growth rates of previous years as euro zone recession and global slowdown stunt exports and investment.Created 49 minutes ago
EU risks "too big to cooperate" bank supervision



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BRUSSELS/LONDON (Reuters) - The role of the European Banking Authority must be beefed up beyond current plans to ensure that regulation of Europe's banks does not fragment into two competing systems, one of the architects of the reforms told a public hearing on Friday.Created 50 minutes ago
European soccer final adds new chapter to Adidas-Puma rivalry

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FRANKFURT/LONDON (Reuters) - German sportswear makers Adidas and Puma will renew their own decades-old rivalry when Bayern Munich and Borussia Dortmund meet in the Champions League Final at Wembley on Saturday.Created 50 minutes ago
Korean women scrap meeting Japanese mayor over brothel remarks

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OSAKA, Japan (Reuters) - Two elderly South Korean women forced to work in Japanese war-time military brothels canceled a meeting on Friday with the mayor of the city of Osaka after he refused to withdraw remarks asserting the brothels were "necessary" at the time.Created 59 minutes ago
Futures slip, Wall Street set for weekly decline

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NEW YORK (Reuters) - Stock futures fell on Friday, setting up Wall Street for its first weekly decline since mid April, amid concern the central bank may scale back its support to the economy.Created about an hour ago
Kerry says Israelis, Palestinians must make tough decisions

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TEL AVIV (Reuters) - Israeli and Palestinian leaders are nearing crunch time, when they must decide whether to revive long-dormant peace negotiations to end their decades-old conflict, U.S. Secretary of State John Kerry said on Friday.Created about an hour ago
U.S.casts doubt on credibility of Iranian election



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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.Created about an hour ago
Nadal, Djokovic on semi-final collision course in Paris



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PARIS (Reuters) - Defending French Open champion Rafael Nadal was drawn in the same half as world number one Novak Djokovic on Friday as the Spanish claycourt machine chases a record eighth title at Roland Garros.Created about an hour ago
North Korea says will take 'positive steps' for peace

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BEIJING (Reuters) - A North Korean envoy told China's president on Friday that his reclusive country was willing to take "positive actions" to ensure peace and stability on the Korean peninsula, as China steps up diplomatic efforts to bring Pyongyang back to talks.Created about an hour ago
