By Angela Moon NEW YORK (Reuters) - U.S. stocks slipped on Thursday but finished sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus. Trading was choppy as many traders were adjusting their positions ahead of the long holiday weekend. Markets will be closed on Monday for Memorial Day. Hewlett-Packard shares jumped more than 17 percent to a fresh 52-week high a day after the world's largest PC maker raised its outlook. ...
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London attacker was British-born of Nigerian descent ReutersBritish authorities have established that one and possibly both of the men who hacked a soldier to death on a London street was born in Britain of Nigerian descent, More »
- Mumbai cops summon cricket board chief's son-in-law IANS
Chennai, May 23 (IANS) A Mumbai police team here Thursday served summons on Gurunath Meiyappan, chief executive of Chennai Super Kings team of the IPL who is More »
- Bengal to acquire two closed Saradha TV channels IANS
Kolkata, May 23 (IANS) In the wake of the shutting down of media houses owned by the scam-tainted Saradha Group and leaving hundreds of employees jobless, the West More »
- China to support Pakistan for stability, development: Li IANS
Islamabad, May 23 (IANS) The Chinese government will unswervingly stick to its friendly policy toward Pakistan and support the South Asian nation in realising More »
- Driver held for massacre of seven of family in Ghaziabad IANS
Lucknow, May 23 (IANS) Cracking the gruesome murder case in Ghaziabad where seven persons of a family, including three children, were hacked to death late Tuesday, More »
- PIL challenges Shashi Kant Sharma's appointment as CAG ANI
A public interest litigation (PIL) has been filed in the Supreme Court challenging the appointment of new Comptroller and Auditor General and former defence More »
- Australia looks into allowing Sikhs to wear turban at work IANS
Sydney, May 23 (IANS) Australian Prime Minister Julia Gillard has said that she would look into the issue of allowing Sikhs in her country to wear the turban while More »
IPL is den of gambling: Yashwant Sinha IANSThe Indian Premier League (IPL) is a den of gambling, BJP leader Yashwant Sinha said Thursday and pressed for a detailed inquiry into the spot fixing in the More »
Sheila Dikshit misused public money: Lokayukta IANSDelhi Lokayukta Manmohan Sarin Wednesday came down heavily on Chief Minister Sheila Dikshit for misusing public money to "gain favour" for her and her political More »
- Obama limits U.S. drone strikes in shift from constant war footing Reuters
By Steve Holland and Roberta Rampton WASHINGTON (Reuters) - President Barack Obama on Thursday shifted the United States away from a "boundless global war on terror," restricting deadly U.S. drone strikes abroad and taking steps toward closing the Guantanamo Bay military prison. In a major policy speech, Obama defended his administration's drone war against al Qaeda and its allies but made clear he was narrowing the scope of targeted killings, a campaign that has faced growing condemnation at home and abroad. ...
- Cannes festival hit by second suspected jewellery theft Reuters
CANNES (Reuters) - The Cannes film festival was hit by a second suspected jewellery heist on Thursday after a diamond necklace worth 2 million euros disappeared during a star-studded party, according to upmarket jeweller De Grisogono. Fawaz Gruosi, the founder of the Swiss firm, said the necklace was part of the company's 20th anniversary collection paraded by 20 models at the glitzy event at the Hotel Du Cap-Eden-Roc in Antibes outside Cannes on Tuesday night. Sharon Stone and Paris Hilton were among the guests. ...
- Insight: In attacker's argot, Londoners shocked to hear one of their own Reuters
By Michael Holden and Peter Graff LONDON (Reuters) - In the lurid scene of the red-handed knifeman describing his motives for hacking to death a British soldier in broad daylight, perhaps the most chilling aspect for many Londoners was the man's unmistakably familiar accent. Michael Adebolajo, 28, who was filmed wielding a bloody meat cleaver and butcher's knife as the soldier lay dead on the road behind him, was not a maladjusted immigrant like Boston bombing suspect Tamerlan Tsarnaev, but a true Londoner born and bred. ...
- Islamists kill 21 in suicide attacks in Niger Reuters
By Abdoulaye Massalatchi NIAMEY (Reuters) - Islamist suicide bombers struck an army barracks and a French-run uranium mine in Niger on Thursday, officials said, killing 21 people and wounding dozens more in attacks that showed militant violence spreading in West Africa. The coordinated dawn assaults on Areva's mine at Arlit and the military base in Agadez were claimed by the MUJWA militant group in retaliation for a French-led offensive this year against Islamist insurgents in neighbouring Mali. ...
- Daiichi Sankyo accusation 'false and baseless': Singhs Reuters
By Tony Munroe MUMBAI (Reuters) - Shares in Ranbaxy Laboratories Ltd fell as much as 10.7 percent on Thursday after majority shareholder Daiichi Sankyo Co said it believed former shareholders of the company hid information regarding U.S. regulatory probes. Last week, Ranbaxy pleaded guilty to felony charges related to drug safety and agreed to pay $500 million in civil and criminal fines under a settlement with the U.S. Department of Justice. Daiichi Sankyo did not name the shareholders in its statement late on Wednesday. In 2008, Japan's No. 3 drugmaker bought 63.9 percent of Ranbaxy for $4. ...
- Factbox: Obama outlines rules for armed drone strikes Reuters
WASHINGTON (Reuters) - In a wide-ranging speech on foreign policy on Thursday, President Barack Obama defended his administration's use of drones to kill terrorists abroad, and in a nod to concerns, outlined plans to limit the use of such strikes. As described in a White House statement, the key elements of the president's policy for the use of force in counterterrorism operations outside the United States and outside a war zone are as follows: * The United States will not use lethal force when it is possible to capture a terrorist. ...
- U.S. shares volatile on uncertain growth outlook, dollar lower Reuters
By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks and bonds were volatile on Thursday, alternating between steep losses and break-even levels as investors questioned the pace of economic growth and when the U.S. Federal Reserve's stimulus program would end. Overseas shares ended sharply lower, closing before U.S. equities staged a late-day recovery, pressured as weak data in Europe and China underlined the uncertain growth outlook. While U.S. ...
- Wall Street mostly dips, but off lows with help from HP Reuters
By Angela Moon NEW YORK (Reuters) - U.S. stocks mostly edged lower on Thursday but were sharply off their session lows as a rally in Hewlett-Packard's shares offset worries about weak Chinese manufacturing data and the prospects of the Federal Reserve reducing its monetary stimulus. Hewlett-Packard jumped nearly 15 percent and helped the Dow stay in positive territory, a day after the world's largest PC maker raised its outlook. For most of the morning, the market had been pulled lower by worries that the Fed's stimulus may be scaled back sooner than hoped and after weak factory data in China. ...
- Goldman unveils checks on conflicts in bid to fix image Reuters
By Lauren Tara LaCapra SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc CEO Lloyd Blankfein claimed success in putting his bank and his legacy back on track. At Goldman's annual meeting on Thursday, Blankfein unveiled details of a three-year review and overhaul of the bank's practices in dealing with clients, following high-profile missteps that tarnished its reputation in the aftermath of the financial crisis. ...
- WHO warns countries not to hoard secrets of coronavirus Reuters
By Tom Miles and Stephanie Nebehay GENEVA (Reuters) - The World Health Organization (WHO) warned countries with possible cases of the SARS-like novel coronavirus on Thursday that they must share information and not allow commercial labs to profit from the virus, which has killed 22 people worldwide. Saudi Arabia, where the first case occurred, has said the development of diagnostic tests for the disease has been delayed by a foreign laboratory's patent rights on the SARS-like virus. ...
- Kerry meets Israelis, Palestinians in bid to revive talks Reuters
By Arshad Mohammed JERUSALEM (Reuters) - U.S. Secretary of State John Kerry held separate talks with Israeli and Palestinian officials on Thursday and acknowledged there was considerable scepticism that the two sides would resume peace negotiations. There were no signs of any breakthrough as Kerry visited Israel for the fourth time in his four months in office to try to revive a peace process that has been moribund for more than two years. ...
- British police arrest two more over London attack Reuters
By Guy Faulconbridge and Michael Holden LONDON (Reuters) - British police arrested two more people on Thursday in a hunt for accomplices of two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries. The two suspected killers, now under guard in hospitals, had been known to security services before Wednesday's daylight attack, security sources said. Another man and a woman, both aged 29, were detained on suspicion of conspiracy to murder. ...
- U.S. expects seven to 11 Atlantic hurricanes in 2013 Reuters
MIAMI (Reuters) - The 2013 Atlantic hurricane season could be "extremely active" and spawn 13 to 20 tropical storms, seven to 11 of which are expected to become hurricanes, the U.S. government's top climate agency predicted on Thursday. Three to six of the hurricanes could become major at Category 3 or above, with winds of more than 110 miles per hour (177 km per hour), the National Oceanic and Atmospheric Administration said in its annual forecast. ...
- Solar plane completes second leg of cross-country flight in Texas Reuters
DALLAS (Reuters) - A solar airplane that developers hope to eventually pilot around the globe landed safely on Thursday in Texas, completing the second and longest leg of an attempt to fly across the United States powered only by the sun. The spindly experimental aircraft, dubbed Solar Impulse, touched down at Dallas/Forth Worth International Airport shortly after 1 a.m. local time, logging 18 hours and 21 minutes in the air to cover 823 nautical miles (1,541 km) from Arizona. The flight set a new absolute world distance record in solar aviation, organizers said. ...
- On US request, Russian arms dealer held in Lithuania IANS
Vilnius (Lithuania), May 24 (IANS/RIA Novosti) Lithuanian security services have arrested a Russian national at the request of the US Justice Department, which suspects him of smuggling export-restricted military equipment.
- Cruise liner captain to stand trial over shipwreck IANS
Rome, May 24 (IANS/AKI) The captain of the Costa Concordia cruise liner that hit rocks and sank off Tuscany last year, killing 32 people, will go on trial in July.
- Eva Longoria gets her Master's degree IANS
Los Angeles, May 24 (IANS) Actress Eva Longoria gladly flaunted a graduation gown after picking her Master's degree from the California State University.
- Russell Brand kissed Sheridan Smith? IANS
London, May 24 (IANS) Actor-comedian Russell Brand was reportedly spotted kissing actress Sheridan Smith after a recent show here.
- Senate confirms Chandigarh-born as top US judge IANS
Washington, May 24 (IANS) Chandigarh-born Indian-American legal luminary Srikanth 'Sri' Srinivasan made history Thursday as the US Senate confirmed his nomination as a top US judge in a 97 to 0 vote.
- Obama to curtail drones in focused war on terror IANS
Washington, May 24 (IANS) Making a shift from a boundless "global war on terror", US President Barack Obama Thursday announced a new counter-terrorism policy narrowing the use of drones that has put it at odds with key allies like Pakistan.
- UAE issues stamp to commemorate satellite IANS
Abu Dhabi, May 24 (IANS/WAM) Emirates Post has issued a stamp to showcase the UAE's achievement in the field of science and technology, and to commemorate the "Y1A", the first multipurpose satellite by Yahsat.
- Bid to smuggle African ivory foiled in Dubai IANS
Dubai, May 24 (IANS/WAM) Dubai Customs has foiled a bid to smuggle 259 pieces of ivory that arrived from Africa at its Jebel Ali Customs Centre.
- Amanda Seyfried was happy with big bosom IANS
Los Angeles, May 24 (IANS) Actress Amanda Seyfried feels she looked better with bigger breasts, but she says she had to lose a bit of overall weight for her Hollywood journey.
- Jennifer Aniston to play stripteaser in 'We're The Millers' IANS
Los Angeles, May 24 (IANS) Hollywood actress Jennifer Aniston is ready to perform a striptease act in her forthcoming film "We're The Millers".
- Chandila got Rs.12 lakh for spot fixing in 2012 IPL: Police IANS
New Delhi, May 23 (IANS) Arrested Rajasthan Royals player Ajit Chandila had received Rs.12 lakh for spot fixing in IPL 2012 matches, Delhi Police said Thursday.
- Kerala welcomes classical language status for Malayalam IANS
Thiruvananthapuram, May 23 (IANS) Kerala Thursday welcomed the central cabinet's decision to approve classical language status for Malayalam, subject to the outcome of a case in the Madras High Court, even as the government and opposition sough to take credit for the measure.
- AIDS programme gets Rs.2,550 crore IANS
New Delhi, May 23 (IANS) The Cabinet Committee on Economic Affairs Thursday approved a proposal for the implementation of National AIDS Control Support Project (NACSP) under the National AIDS Control Programme (NACP) at an outlay of Rs.2,550 crore, an official statement said.
- China seeks closer ties, enhanced strategic cooperation with Pakistan: Li IANS
Islamabad, May 23 (IANS) Chinese Premier Li Keqiang on Thursday urged China and Pakistan to nurture even closer ties, and enhance comprehensive strategic cooperation while addressing Pakistan's parliament.
- Bengal to acquire closed Saradha TV channels, Left opposes IANS
Kolkata, May 23 (IANS) In the wake of the shutting down of the scam-tainted Saradha Group media house, the West Bengal government Thursday announced it would acquire two of the closed TV channels. The Left questioned the decision on moral and legal grounds and sought its reversal.
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