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By Alexandria Sage CANNES (Reuters) - Walking the red carpet of the world's most famous film showcase is a test of nerves for celebrities, not helped by wind, rain and the chaos of hundreds of photographers shouting their names. From choosing the perfect dress and hairdo, to trying not to trip on the famous red steps, the pressure is on for movie stars and glitterati at the 12-day Cannes film festival on the swanky French Riviera which wraps up on May 26. ...

MUMBAI (Reuters) - The BSE Sensex fell for a third consecutive session on Wednesday, to mark its lowest close in almost two weeks after Larsen & Toubro slumped around 6 percent after its orderbook guidance sparked worries about the health of the domestic economy. Larsen and Toubro Ltd ended down 5.71 percent, its biggest daily percentage fall since January 2010. Other blue-chips also fell, with Reliance Industries Ltd ending down 1.2 percent. The BSE Sensex fell 0.25 percent, while the 50-share Nifty ended down 0.32 percent. (Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

By Ben Hirschler LONDON (Reuters) - A new wave of medicines that tap the power of the immune system to fight cancer could become the biggest drug class in history, with potential sales of $35 billion a year. That bullish sales forecast by analysts at U.S. bank Citigroup highlights the growing excitement surrounding so-called immunotherapy after positive results from clinical trials conducted by companies such as Bristol-Myers Squibb and Roche Holding . ...

HARARE (Reuters) - Zimbabwe President Robert Mugabe signed a new constitution into law on Wednesday, replacing a 33-year-old document forged in the dying days of British colonial rule and paving the way for elections later this year. The constitution, approved overwhelmingly in a referendum in March, clips the powers of the president and imposes a two-term limit. However, it does not apply retroactively so the 89-year-old Mugabe could extend his 33 years in power by another decade. ...

BERLIN (Reuters) - The Court of Arbitration for Sport have rejected Japanese hammer thrower Koji Murofushi's appeal against the blocking of his election to the International Olympic Committee's Athletes Commission, CAS said on Wednesday. The court said the main reason for turning down his appeal was that the Japanese Olympic Committee (JOC) "did not comply with applicable rules and regulations". The London 2012 bronze medallist and the JOC had opted to appeal to CAS after the IOC barred him from the commission over election rules violations. ...

By Megan Davies MOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. While players such as Citi and Austria's Raiffeisen thrive, many have found post-Soviet Russia too hard to crack: rife with credit, legal and corruption risks, and dominated by state giants Sberbank and VTB . The latest to hit trouble has been France's Societe Generale . ...

By Ju-min Park SEOUL (Reuters) - North Korea has reappointed a hardline and loyal general as military chief in a move experts said was part of young leader Kim Jong-un's attempt to tighten his grip on the armed forces. Kim Kyok-sik, widely believed to have been behind the shelling of a South Korean island in 2010 that killed four people, was named "chief of the KPA (Korean People's Army) General Staff" by state news agency KCNA in a report on Wednesday. The four-star general, in his 70s, held that position for two years until 2009. ...

By Tim Kelly TOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business partners and workers rather than shareholders seeking value. Struggling electronics giant Sony Corp , though, with more foreign and fewer bank shareholders, may prove something of an exception. That's the hope, at least, of Californian billionaire Daniel Loeb, whose Third Point hedge fund has built up a more than 6 percent stake in Sony, making it the group's biggest stockholder. ...

By Johan Sennero and Johan Ahlander STOCKHOLM (Reuters) - Hundreds of youths have set fire to cars and attacked police and rescue services in poor immigrant suburbs in three nights of rioting in Stockholm, Sweden's worst disorder in years. On Tuesday night, a police station in the Jakobsberg area in the northwest of the city was attacked, two schools were damaged and an arts and crafts centre was set ablaze, despite a call for calm from Prime Minister Fredrik Reinfeldt. ...

NEW DELHI (Reuters) - A court will continue hearing into complaints of emissions from the country's largest copper smelter, shut since March 30, on a daily basis from Thursday, a judge said. "We will continue hearing on a day-to-day basis," Justice Swatanter Kumar of the National Green Tribunal, a fast-track environmental court, said on Wednesday. The Sterlite Industries plant has been shut since nearly eight weeks after residents complained of emissions that led to breathing problems. The case was transferred to Delhi from a southern India branch of the court on April 29. ...

REUTERS - Malaga will be free to compete in the Europa League next season after UEFA announced on Wednesday that the European ban imposed on the Spanish club had been lifted. The Costa del Sol club, who reached the quarter-finals of this season's Champions League, had been given a one-year ban by UEFA due to financial irregularities but had appealed to the Court of Arbitration for Sport (CAS). UEFA's decision came after a meeting of the Club Financial Control Body (CFCB) in Nyon to discuss sanctions handed out to eight clubs because of overdue payments. ...

SINGAPORE (Reuters) - Indian Oil Corp (IOC) and Bharat Petroleum Corp Ltd (BPCL) are looking to buy up to 41,000 tonnes of gasoline, after a long absence, to plug a supply gap caused by a plant outage and maintenance that coincides with summer demand, traders said. IOC is seeking 7,000 to 8,000 tonnes of gasoline for June 12 to 14 arrival at Kochi and similar volumes for June 14 to 16 arrival at Kandla through a tender which closes on May 28, with offers to stay valid until May 29. BPCL is seeking 25,000 tonnes of 91-octane gasoline for delivery into Kochi over the first-half of June. ...

MUMBAI (Reuters) - Larsen & Toubro Ltd expects sales to rise 15-17 percent for the fiscal year to March 2014, Executive Chairman A.M. Naik said on Wednesday. Larsen, India's biggest engineering company, expects order inflows to be up about 20 percent this fiscal year, Naik said at a news conference. The company reported a worse-than-expected 6.9 percent fall in quarterly profit. (Reporting by Swati Pandey; Editing by Prateek Chatterjee)

Luhoe (China), May 22 (IANS) Chinese national men's volleyball team defeated Kazakhstan 3-0 at the China International Men's Volleyball Tournament here.

New Delhi, May 22 (IANS) How about adding some colour and jazz to your home this season with new bedsheets, bed covers and blankets in bright and bold shades and contemporary designs?

Addis Ababa, May 22 (IANS) Indian Vice President Hamid Ansari will visit Ethiopia to attend the 50th anniversary celebrations of the Organisation of African Unity/African Union (AU) on May 25.

Panaji, May 22 (IANS) The anti-incumbency factor could affect the United Progressive Alliance (UPA) in the 2014 Lok Sabha polls, a Congress MP and former Goa chief minister Francisco Sardinha said Wednesday.

Islamabad, May 22 (IANS) China would firmly consolidate and develop ties with Pakistan "no matter how the international and regional situation changes", said Chinese Premier Li Keqiang who arrived here Wednesday on an official visit to Pakistan.

New Delhi, May 22 (IANS) The Congress Wednesday lashed out at the BJP for playing negative politics and said the party would achieve a hattrick of sitting in the opposition after the 2014 general elections.

New Delhi, May 22 (IANS) The Delhi High Court Wednesday ordered that a perjury case be registered against Bollywood actor Shayan Munshi and ballistic expert Prem Sagar Manocha for turning hostile during their deposition in the murder trial of model Jessica Lall here.

Rio de Janeiro, May 22 (IANS) Brazil international winger Osvaldo is reportedly a summer transfer target of Ukraine's Shakhtar Donetsk and Metalist Kharkiv.

Geneva, May 22 (IANS) The Court of Arbitration for Sport has dismissed Athens Olympic champion Koji Murofushi's challenge of an International Olympic Committee's (IOC) disqualification from member election.

Cambridge, May 22 (IANS/CMC) British journalist James Fuller has written a biography of former West Indies captain Brian Lara, one of the greatest cricketers of all time.

Mumbai, May 22 (IANS) Filmmaker Kiran Rao says her actor-filmmaker husband Aamir Khan supported her to present Anand Gandhi's directorial "Ship Of Theseus".

Lucknow, May 22 (IANS) An Indian Police Service (IPS) officer in Uttar Pradesh has been transferred a staggering 59 times in his careeer, while 43 of his colleagues have been shifted more than 40 times, a Right To Information (RTI) query has revealed.

London, May 22 (IANS) US Open and Olympic champion Andy Murray Tuesday announced he will skip the French Open tennis due to a back injury.