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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…

  • Brazil's stadiums ready for World Cup soccer warm-up in June Reuters
    Brazil's stadiums ready for World Cup soccer warm-up in June

    By Anthony Boadle BRASILIA (Reuters) - Brazilian President Dilma Rousseff took a swipe at the naysayers on Monday as she officially inaugurated the last of six stadiums that Brazil will use next month to host a warm-up for the 2014 World Cup soccer tournament. "The pessimists said the stadiums would not be ready in time, but we are showing them today that we can deliver high-quality stadiums," Rousseff said in a speech in Recife before opening the 46,000-seat Arena Pernambuco outside the northeastern Brazilian city. ...

  • 'Spider-Man' Broadway venue sold to Britain's Ambassador Theatre Reuters
    'Spider-Man' Broadway venue sold to Britain's Ambassador Theatre

    REUTERS - British theater company Ambassador Theatre Group's subsidiary Lyric Theatre LLC has purchased Foxwoods Theatre, currently home to the "Spider-Man" musical, from Live Nation Entertainment Inc , the companies said on Monday. Lyric Theatre paid about $65 million for Foxwoods, according to a person with knowledge of the deal. The Foxwoods Theatre, which opened in 1997 and seats nearly 2,000, is one of Broadway's largest venues. It is the current home of the rock musical "Spider-Man: Turn Off the Dark," which a Broadway record for weekly ticket sales of $2. ...

  • Nikkei slips from 5-1/2 year high on stall in yen weakness Reuters
    Nikkei slips from 5-1/2 year high on stall in yen weakness

    TOKYO (Reuters) - Japan's Nikkei share average eased from a 5-1/2-year high on Tuesday as Wall Street ended flat and the dollar slipped against the yen on caution before U.S. Federal Reserve Chairman Ben Bernanke's testimony. The Nikkei fell 0.6 percent to 15,269.85, while the broader Topix index dipped 0.2 percent to 1,266.71. (Reporting by Dominic Lau; Editing by Edwina Gibbs)

  • Ferguson heads into retirement with manager of year award Reuters
    Ferguson heads into retirement with manager of year award

    REUTERS - Manchester United manager Alex Ferguson capped his final season in charge of the English Premier League champions by clinching the League Managers' Association Manager of the Year award for the fourth time on Monday. The 71-year-old Scot's unparallelled success in British soccer ended on Sunday with a remarkable 5-5 draw against West Bromwich Albion. "In a way I am glad it is all over now because it has been hard work," Ferguson told the BBC. "It has been overwhelming. "The club has been fantastic and congratulations to West Brom with the way they handled yesterday (Sunday). ...

  • Apple, U.S. Congress spar over taxes ahead of Tuesday hearing Reuters
    Apple, U.S. Congress spar over taxes ahead of Tuesday hearing

    By Patrick Temple-West and Poornima Gupta WASHINGTON/SAN FRANCISCO (Reuters) - Using an unusual global tax structure, Apple Inc has kept 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 said on Monday. ...

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

    WASHINGTON (Reuters) - President Barack Obama and Chinese President Xi Jinping will hold their first meeting since Xi became president in March when they sit down for a June 7-8 summit in Rancho Mirage, California, the White House announced on Monday. The two leaders are likely to discuss ways to apply pressure on North Korea to give up its nuclear weapons program after a period of bellicose rhetoric and threats from Pyongyang. The United States also has concerns about cyber attacks it says are emanating from China. ...

  • Monster tornado devastates area near Oklahoma City Reuters
    Monster tornado devastates area near Oklahoma City

    By Lindsay Morris TULSA, Oklahoma (Reuters) - A huge tornado with winds of up to 200 miles per hour (320 kph) tore through the Oklahoma City suburb of Moore on Monday, ripping up at least two schools and leaving a wake of tangled wreckage as a dangerous storm system threatened as many as 10 U.S. states. Television video showed tracts of homes destroyed, cars tossed about and piled atop one another, and at least one building on fire. ...

  • Yahoo buying Tumblr for $1.1 billion, vows not to screw it up Reuters
    Yahoo buying Tumblr for $1.1 billion, vows not to screw it up

    By Alexei Oreskovic and Jennifer Saba SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand. The deal, announced on Monday, is a bold bet by Yahoo Chief Executive Marissa Mayer to revitalize the company by co-opting a Web property with strong visitor traffic but little revenue. ...

  • Gay marriage law strains UK Cameron's leadership, government Reuters
    Gay marriage law strains UK Cameron's leadership, government

    By Andrew Osborn LONDON (Reuters) - British Prime Minister David Cameron's flagship gay marriage policy deepened a rift in his own party on Monday after many of his own lawmakers defied him in a sign of growing strains on his leadership and his coalition government. Almost 40 percent of Cameron's 303 lawmakers in the lower house of parliament voted for an ultimately unsuccessful amendment that would have allowed registrars to refuse to perform gay marriage ceremonies if they objected. ...

  • 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. ...

  • 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. ...

  • 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. ...

  • 10 killed as powerful tornado slams Oklahoma City IANS

    Washington, May 21 (IANS) At least 10 people were killed as a powerful two-mile-wide tornado slammed Oklahoma City in South Central US ripping roofs off buildings, levelling homes, and cutting a wide path of destruction.

  • 'Russia needs 3 to 5 years for an efficient economy' IANS

    Moscow, May 21 (IANS/RIA Novosti) Russia will need three to five years to exit stagnation and build an efficient economy, former finance minister Alexei Kudrin has said.

  • Massive tornado jolts Oklahoma City in US IANS

    Washington, May 21 (IANS) A gigantic tornado Monday ripped through a suburb of Oklahoma City in the US , destroying a school, sparking fires and flattening homes across whole neighbourhoods.

  • 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.