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London attackers known to British security services
LONDON (Reuters) - Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services, a source close to the investigation said Thursday.

U.N. investigator seeks world moratorium on 'killer robots'
GENEVA (Reuters) - A United Nations human rights investigator called on Thursday for all states to declare a moratorium to prevent so-called "killer robots" being deployed on the battlefield.

Rosberg puts Mercedes on top in Monaco
MONACO (Reuters) - Nico Rosberg gave Mercedes a dream start to their Monaco Grand Prix weekend with the fastest time in both practice sessions for the glamour race on Thursday.

Ally of Kosovo PM among five arrested for war crimes
PRISTINA (Reuters) - A close wartime ally of Kosovo's prime minister was among five people arrested by European Union police on Thursday on suspicion of war crimes during a 1998-99 insurgency against Serbian forces.

JPMorgan appoints new consumer bank head
(Reuters) - JPMorgan Chase said it has appointed Barry Sommers as chief executive of its consumer bank, which includes its wealth management unit.

New home sales rise, prices surge to record highs
(Reuters) - Sales of new single-family homes rose 2.3 percent in April, and prices climbed to record high levels, offering strong proof the sector's rebound trend is intact.

Apple enjoyed Irish tax holiday from the start
SAN FRANCISCO/DUBLIN (Reuters) - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest country, former company executives and Irish officials have said.

Exclusive: China urbanization plan hits roadblock over spending fears - sources
BEIJING (Reuters) - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble.

Gunmen kill seven Iraqi soldiers in worsening conflict
BAGHDAD (Reuters) - Seven Iraqi soldiers were killed in clashes with gunmen on Thursday, police and hospital sources said, as fears mount that Iraq might slide back into bloody sectarian strife.

Ally to contribute $2.1 billion to settle ResCap litigation
(Reuters) - Ally Financial Inc agreed to contribute $2.1 billion to Residential Capital LLC to settle claims that it stripped the bankrupt mortgage subsidiary of choice assets, paving the way for ResCap to pay back its creditors.

China formally approves Boeing's Dreamliner for use
BEIJING (Reuters) - China's civil aviation regulator on Thursday formally approved Boeing Co's 787 Dreamliner for use in the country, clearing the way for Chinese airlines to start operating the aircraft, which has been plagued with problems.

Wall St. falls at open on stimulus worry, China data
NEW YORK (Reuters) - Stocks fell at the open on Thursday, putting the S&P 500 on track for its first back-to-back daily drop in a month, on concerns the U.S. Federal Reserve's stimulus measures may be scaled back sooner than hoped and over weak data in China.

McIlroy slumps as Ilonen shines at wintry Wentworth
VIRGINIA WATER (Reuters) - World number two Rory McIlroy suffered a late first-round meltdown in almost wintry conditions at Wentworth as he ballooned to a two-over-par 74 in the PGA Championship on Thursday.

Prosecutor in Berlusconi sex trial receives mail with bullets
MILAN (Reuters) - The prosecutor in former prime minister Silvio Berlusconi's sex trial has received a series of anonymous letters of threats, including one with two bullets, Milan's chief prosecutor said on Thursday.

Malaysian police arrest opposition figures in crackdown
KUALA LUMPUR (Reuters) - Malaysian police arrested three opposition politicians and activists on Thursday and charged another with sedition, launching a crackdown on dissent three weeks after an election exposed deep divisions in the country and sparked a series of opposition protest rallies.

Islamists kill 20 in suicide attacks in Niger
NIAMEY (Reuters) - Islamist suicide bombers struck a barracks and a French-run uranium mine in Niger on Thursday, officials said, killing 20 people and wounding dozens in attacks that showed armed unrest spreading across West Africa.

Wall St. to drop at open on stimulus plan worry, China data
NEW YORK (Reuters) - Stocks were set for a lower open on Thursday, with the S&P 500 on track for its first back-to-back daily drop in a month, amid investor concerns the Federal Reserve's stimulus may be scaled back sooner than hoped and over weak data in China.

Apax Partners to take rue21 private in $1.1 billion deal
(Reuters) - Private equity firm Apax Partners will acquire teen-apparel retailer rue21 Inc in a deal valued at about $1.1 billion, adding to a retail portfolio that includes Cole Haan and Takko Fashion.

France wants Hezbollah armed wing on EU terror list by end-June
PARIS (Reuters) - France said on Thursday it hoped an initiative could be agreed by the end of June to put the armed wing of Hezbollah on the EU's list of terrorist organizations on grounds the group is importing Syria's war into Lebanon.

Factory activity slips to seven-month low in May: Markit
NEW YORK (Reuters) - Manufacturing slowed for a second straight month in May as weak overseas demand and government belt-tightening at home led to the sector's most sluggish rate of growth since October, a survey showed on Thursday.