Browse Events

Wall Street little changed, deals provide support
NEW YORK (Reuters) - Stocks were little changed on Monday as acquisition activity gave support but investors were reluctant to rush into the market with indexes hovering around record levels.

Wildcat strike hits Mercedes South African plant
CAPE TOWN (Reuters) - Car maker Mercedes Benz said on Monday workers at its South African assembly plant had gone on an illegal strike at the end of last week but had agreed to resume operations on Tuesday.

UK tries out new model for gene testing in cancer patients
LONDON (Reuters) - Britain launched a research program on Monday that should eventually allow all cancer patients to have access to the kind of genetic analysis that led Hollywood star Angelina Jolie to decide to undergo a double mastectomy.

Britain denies bail to radical cleric who faces deportation
LONDON (Reuters) - Radical Muslim cleric Abu Qatada could be deported to Jordan to face trial on terrorism charges within weeks, a British court heard on Monday, and it ruled he should remain in jail in the meantime to prevent him from absconding.

Seven more Al Zarooni horses test positive
LONDON (Reuters) - Seven further horses trained by banned Mahmood Al Zarooni, including 2012 St Leger winner Encke, have tested positive for anabolic steroid stanozolol, the British Horseracing Authority said in a statement on Monday.

Lowe reunited with Hamilton at Mercedes
LONDON (Reuters) - Lewis Hamilton will be reunited with Paddy Lowe sooner than expected after Mercedes announced on Monday that the former McLaren technical head was joining their Formula One team next month.

With end of Afghan war in sight, Europe pushes business
HERAT, Afghanistan (Reuters) - The European Union threw its weight behind developing Afghanistan's small but promising private sector this week, in the hope that business can usher in stability and peace once foreign troops leave by the end of next year.

U.S. justices rule for PPL Corp in overseas tax case
WASHINGTON (Reuters) - The Supreme Court on Monday ruled for utility PPL Corp in its dispute with the U.S. Internal Revenue Service over credits the company claimed to offset overseas tax payments.

AstraZeneca closes in on site for new home in Cambridge
LONDON (Reuters) - AstraZeneca is closing in on a site for its new $500 million home in Cambridge, with a biomedical park just south of the English city the most likely site, property industry sources said.

Israel calls off UNESCO Jerusalem tour, blaming Palestinians
JERUSALEM (Reuters) - Israel said on Monday it had canceled a visit by the United Nations Educational, Scientific and Cultural Organization (UNESCO) to Jerusalem's Old City, saying the Palestinians had sought to politicize a conservation mission.

Supreme Court agrees to hear Fidelity whistleblower case
WASHINGTON (Reuters) - In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as workers at publicly traded companies.

Supreme Court agrees to hear Medtronic patent case
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to hear a patent dispute concerning Medtronic Inc over medical devices it manufactures that give the heart electrical jolts when it fails to pump blood properly.

Supreme Court declines to hear Alaska climate change case
WASHINGTON (Reuters) - The Supreme Court on Monday declined to hear an Alaskan village's claim that it should be able to sue oil companies and utilities for damages attributed to climate change.

Ex-Goldman banker Thornton steps down from HSBC board
LONDON (Reuters) - John Thornton, the former Goldman Sachs president who specializes in Chinese affairs, is stepping down from the board of HSBC to spend more time on his other business interests, Europe's biggest bank said on Monday.

Wall St. dips after records, but deals support
NEW YORK (Reuters) - Stocks dipped in early trading on Monday, with investors scrambling for catalysts after major U.S. equity indexes closed a fourth consecutive week of gains Friday.

Arias jury to weigh possible death sentence in Arizona murder trial
PHOENIX (Reuters) - Jodi Arias, facing the possible death penalty for the murder of an ex-boyfriend in Arizona, was due back in court on Monday for the final phase of a four-month-long trial.

Justices agree to hear Fidelity whistleblower case
WASHINGTON (Reuters) - In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as those who work for publicly traded companies.

High court agrees to hear town meeting prayer case
WASHINGTON (Reuters) - The Supreme Court on Monday agreed to consider whether a town in New York endorsed religion by allowing members of the public to open meetings with a prayer.

Peregrine Pharma agrees with FDA on lung cancer trial design
(Reuters) - Peregrine Pharmaceuticals said it reached an agreement with the U.S. Food and Drug Administration on the design of a late-stage trial for its experimental lung cancer drug.

U.S. Supreme Court agrees to hear Medtronic patent case
WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to hear a patent dispute concerning Medtronic Inc over medical devices it manufactures that give the heart electrical jolts when it fails to pump blood properly.