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Analysis: Airline emissions deal may not come before EU deadline



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(Reuters) - Hope is fading for a global deal to regulate the airline industry's greenhouse gas emissions ahead of a fall deadline, even though failure could push the industry back to the brink of a trade war over the European Union's emissions trading system.Created 2 minutes ago
Down-on-luck singer steals show in Coen brothers Cannes film

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CANNES (Reuters) - Folk music, Greenwich Village and a quick-footed cat star in the new Coen brothers movie at the Cannes film festival on Sunday, kicking off the first of five U.S. entries with its engaging misadventures of a struggling singer.Created 25 minutes ago
Germans blame euro zone crisis for Eurovision debacle

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BERLIN (Reuters) - Germans lamented their unexpectedly poor showing at the Eurovision Song Contest, blaming Chancellor Angela Merkel's tough stance in the euro zone crisis for their failure to win any points from 34 of the 39 countries voting.Created 41 minutes ago
Syrian army, Hezbollah attack rebels in border town: opposition

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AMMAN (Reuters) - Syrian troops supported by Hezbollah militants launched an offensive to retake a major town near Lebanon from rebels on Sunday, the heaviest fighting yet involving Lebanese armed group, opposition activists said.Created 42 minutes ago
Exclusive: South Africa's NUM seeks 15-60 percent wage rises from gold, coal producers

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JOHANNESBURG (Reuters) - South Africa's National Union of Mineworkers said it would seek pay rises of up to 60 percent from gold and coal producers, raising the prospect of fresh strikes as firms battle higher costs and falling prices in an already heated labor climate.Created 46 minutes ago
Analysis: Frontier Markets booming but risks mounting

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NEW YORK (Reuters) - With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries with no capital markets track record.Created 47 minutes ago
EU says worried by Russia's human rights record

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BRUSSELS (Reuters) - The European Union criticized Russia's human rights record on Sunday, saying it was increasingly concerned at a wave of restrictive legislation and prosecutions against activists.Created 58 minutes ago
Ghosts of incinerator bond deal haunt Harrisburg election

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(Reuters) - In Harrisburg, Pennsylvania's cash-hungry capital city, local political battles are waged much as they are across the United States: with big personalities and bare-knuckled verbal brawls.Created about an hour ago
German minister calls EU move on China solar 'grave mistake'

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BERLIN (Reuters) - German Economy Minister Philipp Roesler said the European Commission made a "grave mistake" by agreeing to impose punitive import duties on solar panels from China and urged the Commission to work to prevent the eruption of a trade conflict.Created about an hour ago
After crushing Mali Islamists, France pushes deal with Tuaregs

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BAMAKO (Reuters) - After winning adulation across Mali for a five month military offensive that crushed al Qaeda fighters, France is now frustrating some of its allies by pushing for a political settlement with a separate group of Tuareg rebels.Created about an hour ago
Protesting Egyptian police block Israel border crossing

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CAIRO (Reuters) - Egyptian police enraged by the kidnapping of seven of their colleagues by Islamist gunmen in the Sinai Peninsula blocked a commercial border crossing with Israel on Sunday, security sources said.Created about an hour ago
Tesco clothing brand plans international expansion

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LONDON (Reuters) - The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.Created 1 hour ago
Greece to sell Postbank, Proton in July, stress-test big banks



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ATHENS (Reuters) - Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection review.Created 1 hour ago
Tunisian police clash with Islamists over banned rally

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KAIROUAN, Tunisia (Reuters) - Supporters of the hardline Islamist group Ansar al-Sharia clashed with Tunisian police on Sunday after the government banned its annual rally, saying it posed a threat to society.Created 1 hour ago
Cameron 'losing control' as rift with party core widens

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LONDON (Reuters) - British Prime Minister David Cameron is "losing control of his party", Conservative Party grandee Geoffrey Howe said on Sunday, as a row raged over whether a close aide to Cameron had labeled grassroots activists "mad, swivel-eyed loons".Created 2 hours ago
Job market gains could lead Fed to taper QE3 early

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(Reuters) - The beginning of the end of the Federal Reserve's massive bond-buying program might come sooner than many investors think if recent gains in the U.S. labor market do not prove fleeting.Created 2 hours ago
Bank of England's King sends message to successor Carney

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LONDON (Reuters) - Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.Created 2 hours ago
Egyptian police block Israel border crossing in fury at kidnapping: sources

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CAIRO (Reuters) - Egyptian police enraged by the kidnapping of seven of their colleagues by Islamist gunmen in the Sinai Peninsula blocked a commercial border crossing with Israel on Sunday, security sources said.Created 2 hours ago
Tunisian police fire in air to disperse Islamists

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TUNIS (Reuters) - Tunisian police fired teargas and shots into the air in Tunis on Sunday to disperse some 500 supporters of the hardline Islamist group Ansar al-Sharia who were protesting and throwing stones at police after their rally was banned.Created 3 hours ago
Exclusive: South Africa's NUM seeks 15-60 percent wage hikes from gold, coal producers

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JOHANNESBURG (Reuters) - South Africa's National Union of Mineworkers said on Sunday it would seek pay hikes of up to 60 percent from the country's gold and coal producers in upcoming wage talks which are expected to be among the toughest ever.Created 3 hours ago
