By Alister Bull and Pedro da Costa WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday the U.S. economy is expanding strongly enough for the central bank to begin slowing the pace of its bond-buying stimulus later this year. Bernanke's confirmation that the Fed is getting closer to pulling back on its $85 billion in monthly asset purchases confirmed investor fears, sending stocks and bonds sharply lower, and pushing benchmark Treasury yields to a 15-month high. ...
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- Mamata accuses media house of planning to murder her IANS
Kolkata, June 19 (IANS) In the wake of a noisy protest she faced while visiting a gang-rape-murder victim, West Bengal Chief Minister Mamata Banerjee Wednesday … More »
- Duo plead not guilty to murdering Indian in New Zealand IANS
Wellington, June 19 (IANS) Two men accused of murdering an Indian-origin man in New Zealand in January have pleaded not guilty and are now headed for trial. … More »
- Congress ministers reject mooted Telangana package IANS
Hyderabad, June 19 (IANS) Andhra Pradesh ministers from Telangana have rejected the proposed package for the region, saying only a separate state of Telangna would … More »
- Supported Nitish to keep communal BJP at bay: Congress IANS
New Delhi, June 19 (IANS) The Congress Wednesday said it supported the Janata Dal-United government in Bihar to "keep communal BJP at bay", and endorsed Prime … More »
- Court stays ban on advertisements on auto-rickshaws IANS
New Delhi, June 19 (IANS) The Delhi High Court Wednesday suspended the government's order to prohibit auto-rickshaw drivers from displaying advertisements and … More »
- Brazil's protests: Not quite a 'Tropical Spring' Reuters
By Brian Winter SAO PAULO (Reuters) - Brazil's blossoming protest movement is a coming-of-age for what had been one of Latin America's most politically disengaged youth populations, but does not appear to constitute a major threat to governability or established political parties. The protests, which gathered steam last week and saw some 200,000 Brazilians demonstrate in a dozen cities on Monday, are unlikely to go away anytime soon. ...
- Microsoft reverses position on Xbox One Internet, game sharing Reuters
SEATTLE (Reuters) - Microsoft Corp said on Wednesday that users of its forthcoming Xbox One game console will be able to play games offline without establishing an Internet connection, and will be able to lend or sell used disc-based games. The announcement reverses the company's position when it unveiled the console in May, causing consternation among hardcore gamers. (Reporting by Bill Rigby)
- Deadly new coronavirus a "serious risk" in hospitals-Saudi study Reuters
By Kate Kelland LONDON (Reuters) - The new Middle East coronavirus that has killed 38 people after emerging late last year is a serious risk in hospitals because it is easily transmitted in healthcare environments, infectious disease experts said on Wednesday. In a study published in the New England Journal of Medicine, the researchers said the Middle East respiratory syndrome (MERS)was not only easily transmitted from patient to patient, but also from the transfer of sick patients to other hospitals. ...
- Oil, gold dip on Bernanke stimulus remarks, grains up Reuters
By Barani Krishnan NEW YORK (Reuters) - Oil prices came under pressure on Wednesday while gold and copper fell after Federal Reserve Chairman Ben Bernanke said the central bank could begin to scale back its stimulus measures for the U.S. economy later this year. Agricultural markets rose broadly. Wheat had its biggest rally since April on bargain buying and expectations the grain will be used as a livestock feed. The rally in farm futures helped the 19-commodity Thomson Reuters-Jefferies CRB index close up 0. ...
- Greek coalition signals state TV deal near, to meet again Reuters
By Lefteris Papadimas and Renee Maltezou ATHENS (Reuters) - Greece's ruling party leaders have signalled they are moving towards a compromise on the restart of state TV broadcasts and pledged to resolve a political standoff by Thursday. A court ruling on Monday ordered the public broadcaster ERT back on air, but its screens were still black or showing colour bars after Prime Minister Antonis Samaras's surprise decision a week ago to pull the plug at a few hours' notice to save money. ...
- Henrik Larsson makes comeback but son gets the goal Reuters
STOCKHOLM (Reuters) - The name "Larsson" was once again on a scoresheet in a Swedish soccer match as former international striker Henrik Larsson made a comeback but this time it was his 15-year-old son Jordan who netted the goal. "We didn't combine a whole lot but obviously I'm proud," Henrik Larsson told newspaper Expressen after seeing his son score in Hogaborg's 4-2 win over Tenhult in Sweden's Division Two (fourth tier). ...
- Neymar strikes again as Brazil beat Mexico Reuters
By Tatiana Ramil FORTALEZA, Brazil (Reuters) - Neymar struck with a stunning early volley for the second Confederations Cup game in a row and brilliantly set up the second goal to give Brazil a 2-0 win over Mexico on Wednesday. Neymar met the ball at a difficult height after Mexico defender Francisco Rodriguez failed to properly clear a header and showed great technique to volley the ball left-footed past Jose Corona in the ninth minute. He brought the crowd to its feet against in stoppage time when he slipped between two Mexican defenders and crossed for substitute Jo to score easily. ...
- Microsoft talked with Nokia about buying devices unit - report Reuters
SEATTLE (Reuters) - Microsoft Corp recently talked with Nokia about buying the Finnish phone maker's devices unit, but the discussions faltered and are not likely to be revived, the Wall Street Journal reported Wednesday in its online edition. The Journal reported that "advanced discussions" on a deal happened as recently as this month, according to unnamed sources it said were familiar with the matter. Microsoft rejected a deal because of price and Nokia's loss of market share to rising Asian competitors, the report said. Representatives of both companies declined comment. ...
- World stocks, bond prices drop as Fed points to reduced bond buying Reuters
By Leah Schnurr NEW YORK (Reuters) - Stocks tumbled and benchmark Treasury bond yields rose to levels not seen since March 2012 on Wednesday after Ben Bernanke laid out a blueprint for the wind-down of the Federal Reserve's bond-buying program that has bolstered risky assets. Bernanke's comments were more explicit than markets expected. He said the Fed's policy-setting committee will begin to pull back on purchases later this year if the economy grows as expected, with the eventual goal of ending the program by the middle of 2014. ...
- Wall St slumps after Bernanke hints at slowing bond buying Reuters
By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks fell more than 1 percent on Wednesday after Federal Reserve Chairman Ben Bernanke said the central bank would start to reduce its stimulus measures later this year if the economy is strong enough. Equities have been closely tethered to ultra-loose monetary policy, which has been key to the S&P's climb of more than 14 percent so far this year. Benchmark 10-year U.S. bond yields jumped to a 15-month high on expectations the Fed will reduce its bond buying. ...
- Afghan government to shun U.S. talks with Taliban Reuters
By Hamid Shalizi KABUL (Reuters) - Afghan President Hamid Karzai said on Wednesday his government would not join U.S. peace talks with the Taliban and halted negotiations with Washington on a troop pact, underscoring the fragile nature of hopes for a negotiated peace in Afghanistan. The United States and the Taliban have said officials from both sides will meet in Doha, the capital of Qatar, on Thursday, in a step forward for a stuttering peace process after 12 years `,of bloody and costly war between U.S.-led forces and the insurgents. ...
- Teens more resilient, tech savvy than older millennials - study Reuters
By Patricia Reaney NEW YORK (Reuters) - Young teenagers who make up the second wave of millennials, the generation that began in the 1980s, are more resilient, adaptable and tech savvy than their older counterparts, according to a new study. The 70 million millennials, or Generation Y, have been dubbed the entitled or me generation. Younger millennials, aged 13-17, are very different in outlook, planning and use of technology than 20-somethings. ...
- Brazil protests proceed as smaller cities join the fray Reuters
By Asher Levine and Tatiana Ramil SAO PAULO/FORTALEZA (Reuters) - Protesters blocked roads in Sao Paulo and marched toward a stadium hosting a major international soccer game in Brazil's northeast on Wednesday in a growing wave of nationwide demonstrations against poor public services, inflation and other woes in Latin America's biggest country. After more than a week, the biggest series of protests to sweep Brazil in more than two decades continued in major capitals and moved into smaller cities. ...
- NBC's 'The Voice' finale attracts 15.3 million viewers Reuters
LOS ANGELES (Reuters) - NBC said on Wednesday that its singing competition "The Voice", which included the first live TV performance by Cher in more than a decade, had attracted 15.3 million viewers. In a two-hour season finale, teenage country singer Danielle Bradbery become the show's youngest winner. "The Voice" wrapped its fourth season on Tuesday. It was the second most-watched program on U.S. television behind the sixth game of the National Basketball Association Finals, which had about 16.2 million viewers. ...
- 12 rhino poachers jailed in Nepal IANS
Kathmandu, June 20 (IANS) Twelve poachers of the one-horned rhinos have been sentenced to a jail term, ranging between 10 -15 years, and fined in Nepal.
- Liv Tyler to make TV debut IANS
Los Angeles, June 20 (IANS) Actress Liv Tyler will be seen on the small screen with Justin Theroux in an adaptation of the 2011 novel "The Leftovers".
- President Xi, Obama summit was 'very successful': China IANS
Beijing, June 20 (IANS) The first summit between President Xi Jingping and his US counterpart Barack Obama held earlier this month proved very successful, Chinese Foreign Minister Wang Yi said Wednesday.
- Rihanna disappoints fans IANS
London, June 20 (IANS) Pop star Rihanna left her fans upset after she reportedly turned up late by two hours for a gig in Birmingham. Her fans are said to have accused her of drugs.
- Sri Lanka are a dangerous side: Dhoni IANS
Cardiff, June 19 (IANS) India captain Mahendra Singh Dhoni said Wednesday that Sri Lanka were a dangerous side and it was not possible to focus only on their two frontline batsmen " Mahela Jayawardene or a Kumar Sangakkara" during the semi-final of the ICC Champions Trophy slated for Thursday.
- One killed, 150 injured in China restaurant blasts IANS
Beijing, June 19 (IANS) A series of blasts ripped through a restaurant in China's Shanxi province Wednesday night, killing one person and injuring over 150 others, officials said.
- Two killed in shooting at Slovenia kindergarten IANS
Ljubljana (Slovenia), June 19 (IANS) In probably the first of its kind incident in Slovenia, a woman employee at a kindergarten was shot dead Wednesday by a man who later committed suicide, media reports said. No children were injured in the incident.
- China holds talks with North Korea IANS
Beijing, June 19 (IANS) China and North Korea Wednesday held a "strategic dialogue" on denuclearisation on the Korean Peninsula.
- 'Bhaag Milkha Bhaag' not a sports film: Rakeysh Omprakash Mehra IANS
Mumbai, June 19 (IANS) Producer-director Rakeysh Omprakash Mehra, who is all set to release his film, "Bhaag Milkha Bhaag", based on the life of former athlete Milkha Singh, said that the film was not based on sports and could have been on anybody in an endeavour to show the human spirit.
- Sonia surveys flood-hit Uttarakhand, seeks quick relief for victims IANS
New Delhi, June 19 (IANS) Congress president Sonia Gandhi, who conducted an aerial survey of the flood-affected areas of Uttarakhand along with Prime Minister Manmohan Singh Wednesday, sought quick relief for stranded people, a party statement said.
- Champions Trophy scoreboard: England vs South Africa, Semi-final IANS
London, June 19 (IANS) The following is the scoreboard of the Champions Trophy semi-final between England and South Africa at The Oval here Wednesday.
- Rahul Gandhi's 43rd birthday celebrated outside Congress headquarters IANS
New Delhi, June 19 (IANS) Celebrations by Delhi Congress workers and members of the Youth Congress marked the 43rd birthday celebrations of party vice president Rahul Gandhi, who wanted it to be a low key affair, party sources said Wednesday.
- Kharge takes charge as railway minister IANS
New Delhi, June 19 (IANS) Newly-appointed Railway Minister Mallikarjun Kharge took charge of his portfolio Wednesday, a statement said.
- Swollen Yamuna claims one life, 5,000 evacuated IANS
New Delhi, June 19 (IANS) A man drowned in the Yamuna river while bathing near its bank, while 5,000 people were evacuated from inundated low-lying areas along the banks Wednesday as water rose to an unprecedented 207.20 metres, the highest since 1978, a Delhi government official said.
- 'Bhaag Milka Bhaag' not banned in Pakistan: Mehra IANS
Mumbai, June 19 (IANS) "Bhaag Milkha Bhaag" director-producer Rakeysh Omprakash Mehra Wednesday rubbished rumours of the film being banned in Pakistan, saying on the contrary, they had got three different offers from there and also an invite to the entire cast and crew.
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- Cobrapost stings HSBC, Standard CharteredWed 19 Jun, 2013
- Bernanke says Fed likely to reduce stimulus this year34 minutes ago
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