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Chinese Premier hopes India-China increase mutual strategic trust

India, China seek early end to border dispute: PM

India and China favour early resolution of their border dispute and want peace to be maintained on the frontier until then, P…

  • Attention shifts to White House in IRS probe Reuters
    Attention shifts to White House in IRS probe

    By Kim Dixon WASHINGTON (Reuters) - Two senior aides to President Barack Obama knew weeks ago about a watchdog report on the U.S. Internal Revenue Service targeting of conservative groups, a spokesman said on Monday, shifting the focus to the White House in a fast-moving controversy. White House Counsel Kathryn Ruemmler was told on April 24 about an upcoming report by the Treasury's Inspector General for Tax Administration (TIGTA) on the IRS practice, which an IRS official apologized for on May 10, triggering the controversy. ...

  • Obama urges Myanmar to stop violence against Muslims Reuters
    Obama urges Myanmar to stop violence against Muslims

    By Paul Eckert WASHINGTON (Reuters) - President Barack Obama urged the president of Myanmar on Monday to take steps to halt violence against Muslims in his country and move ahead with economic and political reforms. Thein Sein became the first head of Myanmar to visit the White House in 47 years, and he and Obama sat down for talks in the Oval Office. Obama said the Myanmar leader had assured him that he intends to move forward on releasing more political prisoners and institutionalizing political reforms that have already taken place. ...

  • White House says Obama to meet with China's Xi in California June 7-8 Reuters
    White House says Obama to meet with China's Xi in California June 7-8

    WASHINGTON (Reuters) - President Barack Obama will meet with Chinese President Xi Jinping on June 7-8 in California, the White House said on Monday. "President Obama and President Xi will hold in depth discussions on a wide range of bilateral, regional and global issues," the White House said in a statement. "They will review progress and challenges in U.S.-China relations over the past four years and discuss ways to enhance cooperation, while constructively managing our differences, in the years ahead," it said. ...

  • Jose Mourinho in quotes Reuters
    Jose Mourinho in quotes

    REUTERS - Jose Mourinho will leave Real Madrid at the end of the season having once again produced some golden quotes. Here are some of the Portuguese coach's most memorable utterances over the years as well as what others have said about him. WHILE PORTO COACH: "The only thing that I want to say is that we are the best ones and in normal conditions we are more than the best ones. In normal conditions we will be champions. In abnormal conditions we also will be champions." AFTER BEING APPOINTED AT CHELSEA: "Please don't call me arrogant, but I'm European champion and I think I'm a special one. ...

  • Hezbollah in big Syria battle, Obama "concerned" Reuters

    By Khaled Yacoub Oweis and Dominic Evans AMMAN/BEIRUT (Reuters) - Lebanese Hezbollah guerrillas have fought their biggest battle yet for Syria's beleaguered president, prompting international alarm that the civil war may spread and an urgent call for restraint from the United States. About 30 Hezbollah fighters were killed on Sunday, Syrian activists said, along with 20 Syrian troops and militiamen loyal to President Bashar al-Assad during the fiercest fighting this year in the rebel stronghold of Qusair, near the Lebanon border. ...

  • Huge tornado flattens area near Oklahoma City Reuters
    Huge tornado flattens area near Oklahoma City

    By Lindsay Morris TULSA, Oklahoma (Reuters) - A huge tornado flattened an area near Oklahoma City on Monday, leaving a wake of tangled wreckage, as a dangerous storm system threatened as many as 10 states. At least two schools were in the path of the tornado, television reports said, and video showed homes destroyed, cars tossed and at least one building on fire. There were no immediate reports of injuries or deaths from the tornado, which struck near Moore, Oklahoma, in the Oklahoma City metropolitan area, in the midafternoon. ...

  • Apple's stateless subsidiaries lower tax bills - Senate report Reuters
    Apple's stateless subsidiaries lower tax bills - Senate report

    By Patrick Temple-West WASHINGTON (Reuters) - Using an unusual global tax structure, Apple Inc has held billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, a U.S. Senate report on the company's offshore tax structure concluded on Monday. ...

  • Apple to argue for tax reform, defend tax practices on Tuesday Reuters
    Apple to argue for tax reform, defend tax practices on Tuesday

    By Poornima Gupta SAN FRANCISCO (Reuters) - Apple Inc will argue for a comprehensive corporate tax reform that will levy a "reasonable tax" on foreign earnings and is not dependent on a company's revenue when it goes before a Senate panel on Tuesday to explain its offshore tax practices. In prepared testimony released by the company and submitted ahead of Apple Chief Executive Tim Cook's hearing on Tuesday before the Senate Permanent Subcommittee on Investigations, Apple denied it employed "tax gimmicks" like using Cayman Islands bank accounts or shifting intellectual property abroad. ...

  • Wall Street ends flat on correction worries Reuters
    Wall Street ends flat on correction worries

    By Angela Moon NEW YORK (Reuters) - U.S. stocks ended little changed on Monday, with indexes hovering near record levels as concerns about a correction cut earlier gains that had been prompted by news about a flurry of acquisitions. The Dow and the S&P 500 briefly hit all-time intraday highs. Early in the session, investors' sentiment was brightened by a slew of deal news, including Yahoo Inc's acquisition of Tumblr. ...

  • Silver and gold lurch higher after early dive Reuters
    Silver and gold lurch higher after early dive

    By Barani Krishnan and Clara Denina NEW YORK/LONDON (Reuters) - Gold and silver prices gained nearly 3 percent on Monday after a roller-coaster session that opened with a gut-wrenching dive in silver to its lowest in 2-1/2 years before an abrupt midday turnaround. After trading lower through most of the day, gold suddenly lurched more than $10 an ounce higher around noon U.S. time, with traders citing a wave of pent-up short-covering after seven consecutive days of losses. ...

  • World stocks grind higher, yen rebounds on minister's remarks Reuters
    World stocks grind higher, yen rebounds on minister's remarks

    By Herbert Lash NEW YORK (Reuters) - Global equity markets mostly rose on Monday, driven higher by a flurry of merger and acquisition activity, while a recent tumble in the yen against the dollar halted after Japan's economy minister suggested the currency might have weakened enough. Major American and European stock indices are up double digits - the U.S. benchmark S&P 500 index is almost 17 percent higher so far this year - and investors still see better returns ahead in equities, even as Wall Street closed slightly lower. Deals such as Yahoo's $1. ...

  • Essar Oil to sign $1 billion debt-for-fuel deal with China Reuters
    Essar Oil to sign $1 billion debt-for-fuel deal with China

    MUMBAI/NEW DELHI (Reuters) - Essar Oil Ltd will sign a $1 billion loan deal with China on Tuesday that sources with knowledge of the matter said would be backed by supply of refined products to top state oil producer PetroChina. Essar Oil could sign a preliminary agreement with China Development Bank (CDB) on Tuesday to borrow that amount during Chinese Prime Minister Li Keqiang's visit to Mumbai, his first foreign trip, the sources said. ...

  • Fed could end bond buys in autumn if jobs outlook sure - Evans Reuters
    Fed could end bond buys in autumn if jobs outlook sure - Evans

    By Ann Saphir CHICAGO (Reuters) - The U.S. Federal Reserve could continue full-speed ahead on its bond-buying program through the summer, but end it abruptly in the autumn if by then it is confident that the improvement in the jobs outlook is here to stay, a top Fed official said on Monday. "We've seen good progress in the labor market outlook," Charles Evans, president of the Federal Reserve Bank of Chicago, told the CFA Society Chicago. ...

  • Keanu Reeves makes director debut with modern Kung Fu film Reuters
    Keanu Reeves makes director debut with modern Kung Fu film

    By Mike Davidson CANNES (Reuters) - He's played a science-fiction hero, policeman and even Hamlet. But now actor Keanu Reeves is taking on a new role - as director of a contemporary martial arts movie aimed at both Chinese and Western audiences. Reeves has stepped behind the camera to make his directorial debut with "Man of Tai Chi", a trilingual film loosely based on the life of a stuntman, Tiger Chen, whom he befriended while working on the sci-fi "The Matrix" trilogy. ...

  • Newsmaker: 'Special One' Mourinho retains hunger for success Reuters
    Newsmaker: 'Special One' Mourinho retains hunger for success

    By Justin Palmer LONDON (Reuters) - Intensely irritating to some, hugely entertaining to others, the outspoken and colourful Jose Mourinho has proven time and again that success is never far from his golden touch. From a modest playing career and humble beginnings in management, Mourinho, 50, has become one of the most sought-after signings by club presidents eager for the Portuguese to wave his magic wand and conjure a succession of silverware. His managerial record stands the closest scrutiny - a Champions League winner with two clubs and league titles in Portugal, England, Italy and Spain. ...

  • Radcliffe, people's confidant in pubs IANS

    London, May 21 (IANS) Actor Daniel Radcliffe, who battled alcohol addiction once, says he often comes across drunk people who are comfortable sharing their problems with him.

  • British PM seeks joint effort against tax evasion IANS

    London, May 21 (IANS) British Prime Minister David Cameron has called for joint effort to tackle tax evasion and aggressive tax avoidance weeks ahead of the Group 8 Summit.

  • Spears under fire for giving toy gun to son IANS

    Los Angeles, May 21 (IANS) Singer Britney Spears is facing criticism for allow­ing her 6-year-old son Jayden to play with a large toy gun.

  • Leona Lewis keen on adoption IANS

    London, May 21 (IANS) Singer Leona Lewis says she would prefer to adopt a child in future rather than having any of her own.

  • 'Mobile towers not illegal, don't affect health' IANS

    New Delhi, May 20 (IANS) The Cellular Operators Association of India (COAI) Monday said that cell phone towers in the city were not illegal and that radiation from them doesn't affect health adversely.

  • Congress names new zonal chiefs in Uttar Pradesh IANS

    New Delhi, May 20 (IANS) Miffed over the performance of its eight zonal in charges, including two central ministers, in politically crucial Uttar Pradesh, the Congress appointed a new team Monday.

  • NC, Congress bicker over quake relief package IANS

    Jammu, May 20 (IANS) Jammu and Kashmir's ruling coalition partners National Conference (NC) and Congress sparred over relief to earthquake victims in Doda and Kishtwar districts of the Chenab valley, with leaders of both parties making charges and counter charges against each other.

  • Minor gang-raped by neighbours in Delhi IANS

    New Delhi, May 20 (IANS) A 17-year-old girl was kidnapped and gang-raped here by three people, including two neighbours, after giving her sedatives, police said Monday.

  • Facebook booked over group exhorting cow slaughter IANS

    Lucknow, May 20 (IANS) An FIR was Monday registered here against social networking site Facebook on a complaint that claimed a group on the site exhorts people to slaughter cows, police said.

  • Cash van guard hurts himself in accidental firing IANS

    New Delhi, May 20 (IANS) A cash van guard suffered a bullet injury in an accidental fire from his single barrel gun here Monday evening, police said.

  • Court denies Delhi gang-rape accused lie detector test IANS

    New Delhi, May 20 (IANS) A fast track Delhi court hearing the Dec 16, 2012, gang-rape case Monday dismissed the pleas of two accused seeking permission to undergo lie detector tests and also to subject the victim's male friend to a similar test.

  • Andhra to seek revision of SC order on Babli IANS

    Hyderabad, May 20 (IANS) An all-party meeting here Monday decided that Andhra Pradesh government will seek review/clarification from the Supreme Court on its orders about the Babli project neighbouring Maharashtra is building across the Godavari river.

  • CAG writing fiction, throwing up mystical numbers: Tewari IANS

    New Delhi, May 20 (IANS) A day before CAG Vinod Rai demits office, Information and Broadcasting Minister Manish Tewari Monday accused him of "fiction writing" on some figures of alleged corruption, saying that the country's top auditor had done the greatest disservice to the nation by tossing "mystical numbers".

  • US anti-corruption expert expelled from Russia IANS

    Moscow, May 20 (IANS/RIA Novosti) A retired US diplomat and expert on the US Foreign Corrupt Practices Act has been banned from entering Russia.

  • 61 killed in Iraq attacks IANS

    Baghdad, May 20 (IANS) A series of car bombings and shootings, mainly targeting Shia Muslim areas across Iraq, Monday killed at least 61 people, including Iranian pilgrims, and wounded around 200 others, officials said.