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Powers, Iran fail to end nuclear stalemate in Almaty talks Saturday, Apr 06, 2013 09:02 AM PDT By Justyna Pawlak and Yeganeh Torbati ALMATY (Reuters) - World powers and Iran failed again to ease their decade-old dispute over Tehran's disputed nuclear program in talks that ended on Saturday, prolonging a stand-off that risks spiraling into a new Middle East war. The lack of a breakthrough in the two-day meeting in Kazakhstan aimed at easing international concern over Iran's contested nuclear activity marked a further setback for diplomatic efforts to resolve the row peacefully. ... Full Story | Top |
Embassies staying put in North Korea despite tension Saturday, Apr 06, 2013 11:06 AM PDT By Jane Chung SEOUL (Reuters) - Staff at embassies in North Korea appeared to be remaining in place on Saturday despite an appeal by authorities in Pyongyang for diplomats to consider leaving because of heightened tension after weeks of bellicose exchanges. North Korean authorities told diplomatic missions they could not guarantee their safety from next Wednesday - after declaring that conflict was inevitable amid joint U.S.-South Korean military exercises due to last until the end of the month. Whatever the atmosphere in Pyongyang, the rain-soaked South Korean capital, Seoul, was calm. ... Full Story | Top |
Two new bird flu cases in China amid poultry crackdown Saturday, Apr 06, 2013 10:08 AM PDT By Adam Jourdan SHANGHAI (Reuters) - Two more people have contracted bird flu in Shanghai, China's health ministry said on Saturday, as authorities closed live poultry markets and culled birds to combat a new virus strain that has killed six people. State-run Xinhua news agency said authorities planned to slaughter birds at two live poultry markets in Shanghai and another in Hangzhou after new samples of the H7N9 virus were detected in birds at the three sites. More than 20,000 birds have been culled at another Shanghai market where traces of the virus were found this week. ... Full Story | Top |
Earthquake measuring 7.2 magnitude strikes eastern Indonesia: USGS Friday, Apr 05, 2013 10:28 PM PDT SYDNEY (Reuters) - A 7.2 magnitude earthquake struck eastern Indonesia's mountainous West Papua province on Saturday but there were no immediate reports of casualties or damage. The quake hit 256 km (159 miles) east of Enarotali and was 58 km (36 miles) deep, the U.S. Geological Survey said. An Indonesian meteorological survey official said the quake struck on land and there was no danger of a tsunami off the thinly populated province, formerly called Irian Jaya, in Indonesia's far east. The sprawling Indonesian archipelago is on the Pacific's "Ring of Fire" and gets regular earthquakes. ... Full Story | Top |
Suicide bomber kills 22 in Iraq election attack Saturday, Apr 06, 2013 08:39 AM PDT BAQUBA, Iraq (Reuters) - A suicide bomber killed 22 people and wounded 60 in a crowded election campaign tent in the Iraqi city of Baquba on Saturday, police and medics said. A decade after the U.S.-led invasion, Iraq is still struggling with political instability and violence that in recent weeks has killed at least 10 candidates who had planned to run in forthcoming local elections. The vote is due to be held across the country later in April, but has already been delayed in two Sunni Muslim-majority governorates due to security concerns. ... Full Story | Top |
Five die in Christian-Muslim clashes in Egypt Saturday, Apr 06, 2013 11:04 AM PDT By Ashraf Fahim EL KHUSUS, Egypt (Reuters) - Five Egyptians were killed and eight wounded in clashes between Christians and Muslims in a town near Cairo, security sources said on Saturday, in the latest sectarian violence in the most populous Arab state. Christian-Muslim confrontations have increased in Muslim-majority Egypt since the overthrow of former President Hosni Mubarak in 2011 gave freer rein to hardline Islamists repressed under his rule. ... Full Story | Top |
Death toll rises to 72 in Mumbai building collapse Saturday, Apr 06, 2013 12:06 AM PDT By Vivek Prakash MUMBAI (Reuters) - The death toll from a collapsed building in India's financial center Mumbai rose to 72 on Saturday, as an injured woman trapped for 36 hours was freed from the rubble of the illegal and half-constructed building. Rescue workers using cranes and bulldozers continued to search through the wreck of twisted steel and concrete after the seven-storey building collapsed "like a pack of cards" on Thursday evening, officials and witnesses said. ... Full Story | Top |
Italy to pay 40 billion euros of state debt to companies Saturday, Apr 06, 2013 11:34 AM PDT By Catherine Hornby and Giuseppe Fonte ROME (Reuters) - Italy's caretaker government said on Saturday it would pay 40 billion euros ($52 billion) that the state owes to private companies over the next 12 months, while vowing to stick within the European Union's deficit limit. The cabinet approved a decree intended to provide funds to cash-strapped firms and help tackle a deep recession in the euro zone's third-largest economy. But some industry groups said it would be difficult for businesses to claim their money despite the measures. ... Full Story | Top |
Exclusive: Former News Corp President Chernin bids $500 million for Hulu Friday, Apr 05, 2013 04:22 PM PDT By Ronald Grover and Jennifer Saba LOS ANGELES/NEW YORK (Reuters) - Former News Corp president Peter Chernin has bid around $500 million for Hulu, the online video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process. The website, jointly controlled by News Corp and Walt Disney Co, reached out to potential buyers in March after initially contemplating a deal in which one would buy out the other. It is not clear whether that transaction is still being contemplated. ... Full Story | Top |
Boeing finishes 787 testing, focus shifts to regulators Friday, Apr 05, 2013 05:00 PM PDT By Alwyn Scott and Tim Hepher NEW YORK (Reuters) - With a successful flight on Friday, Boeing moved closer to proving that a revamped safety system can prevent batteries on its new 787 Dreamliner from catching fire or overheating, and getting back the plane into service. Friday's test flight concludes testing after little more than three weeks, and moves the Dreamliner closer to resuming passenger flights, restarting jet deliveries, and stemming millions of dollars in losses that have piled up at airlines and Boeing since the jet was grounded more than two months ago. ... Full Story | Top |
Weak job gains hurt economic outlook Friday, Apr 05, 2013 05:44 PM PDT By Jason Lange WASHINGTON (Reuters) - American employers hired at the weakest pace in nine months in March, a sign tax hikes that kicked in early this year as part of Washington's austerity drive could be stealing momentum from the economy. Payrolls expanded by just 88,000 last month outside the farming sector, the Labor Department said on Friday. That was well below market expectations for a 200,000 increase and fell short of even the most pessimistic forecast in a Reuters poll. The jobless rate ticked a tenth of a point lower to 7. ... Full Story | Top |
Japan's Fukushima nuclear plant leaking contaminated water Friday, Apr 05, 2013 07:48 PM PDT TOKYO (Reuters) - As much as 120 tons of radioactive water may have leaked from a storage tank at Japan's crippled Fukushima nuclear plant, contaminating the surrounding ground, Tokyo Electric Power Co said on Saturday. The power company has yet to discover the cause of the leak, detected on one of seven tanks that store water used to cool the plants reactors, a spokesman for the company, Masayuki Ono, said at a press briefing. The company plans to pump 13,000 cubic meters of water remaining in the tank to other vessels over the next two weeks. ... Full Story | Top |
Obama tries to woo Republicans with cuts in budget Friday, Apr 05, 2013 02:59 PM PDT By Mark Felsenthal WASHINGTON (Reuters) - President Barack Obama will offer cuts to Social Security and other benefit programs in a budget proposal next week aimed at winning over enough congressional Republicans to pass a broad deal to reduce the deficit. While Obama's previous budgets have largely been ignored in Congress, the White House wants to use this year's proposal, to be released on Wednesday, to move beyond the fiscal fights that have consumed Washington since 2010. ... Full Story | Top |
U.S. judge widens 'morning-after' pill access for young girls Friday, Apr 05, 2013 03:20 PM PDT By Jessica Dye NEW YORK (Reuters) - A federal judge on Friday ordered the U.S. Food and Drug Administration to make "morning-after" emergency contraception pills available without a prescription to all girls of reproductive age and criticized the Obama administration for interfering with the process for political purposes. The ruling in a Brooklyn court is the latest step in the years-long legal saga over the pill known as "Plan B," a drug that has also sparked political and religious battles. ... Full Story | Top |
World powers and Iran start second day of nuclear talks Friday, Apr 05, 2013 11:04 PM PDT ALMATY (Reuters) - World powers and Iran started the second day of nuclear talks on Saturday with little hope of striking a quick deal in the long-standing dispute that threatens to erupt into war. Negotiators failed to narrow their differences in talks on Friday, which followed a round of negotiations in February, also in Kazakhstan's commercial hub, Almaty. The six nations - the United States, Russia, China, France, Britain and Germany - suspect Iran's nuclear program has the covert aim of giving Tehran the capability to make an atom bomb. ... Full Story | Top |
No deal in sight on final day of Iran nuclear talks Friday, Apr 05, 2013 03:14 PM PDT By Justyna Pawlak and Yeganeh Torbati ALMATY (Reuters) - Iran enters a second day of talks with world powers on Saturday no closer to resolving a nuclear dispute that has led to sanctions on its oil exports and talk of a new Middle East war. The final day of negotiations is unlikely to achieve more than a willingness to keep talking, after Iran responded on Friday to a limited offer to ease sanctions with a proposal of its own that puzzled Western diplomats and which Russia said raised more questions than answers. ... Full Story | Top |
New York politics: scared straight or ripe for reform? Friday, Apr 05, 2013 01:13 PM PDT By Edith Honan NEW YORK (Reuters) - When Attorney Preet Bharara brought two corruption cases against New York state politicians this week, accusing some of selling their votes and another of trying to bribe his way onto the ballot, he challenged the political class to clean up the system. Some political veterans worry any reforms are destined to fail, and that only a federal prosecutor like Bharara can crack down on crookedness. ... Full Story | Top |
"Green" car maker Fisker fires 75 percent of workforce Friday, Apr 05, 2013 03:03 PM PDT By Deepa Seetharaman DETROIT (Reuters) - Fisker Automotive, the struggling government-backed hybrid sports car maker, on Friday terminated most of its rank-and-file employees in what sources said was a last-ditch effort to conserve cash and stave off a potential bankruptcy filing. Fisker, which raised $1.2 billion from investors and tapped nearly $200 million in government loans, has "at least" $30 million in cash on hand, according to a source familiar with the company's finances. ... Full Story | Top |
North Korea asks embassies to consider moving diplomats out Friday, Apr 05, 2013 01:35 PM PDT By Guy Faulconbridge and Ronald Popeski LONDON/SEOUL (Reuters) - North Korea warned on Friday it could not guarantee the safety of diplomats after next Wednesday and asked embassies to consider moving staff out of the country, European diplomats said, amid high tension on the Korean peninsula. The requests came on the heels of declarations by the government of the secretive communist state that real conflict was inevitable, because of what it termed "hostile" U.S. troop exercises with South Korea and U.N. sanctions imposed over North Korea's nuclear weapons testing. ... Full Story | Top |
Weak job gains hurt economic outlook Friday, Apr 05, 2013 01:27 PM PDT By Jason Lange WASHINGTON (Reuters) - American employers hired at the weakest pace in nine months in March, a sign tax hikes that kicked in early this year as part of Washington's austerity drive could be stealing momentum from the economy. Payrolls expanded by just 88,000 last month outside the farming sector, the Labor Department said on Friday. That was well below market expectations for a 200,000 increase and fell short of even the most pessimistic forecast in a Reuters poll. The jobless rate ticked a tenth of a point lower to 7. ... Full Story | Top |
Boeing finishes 787 testing, focus shifts to regulators Friday, Apr 05, 2013 04:55 PM PDT By Alwyn Scott and Tim Hepher NEW YORK (Reuters) - With a successful flight on Friday, Boeing moved closer to proving that a revamped safety system can prevent batteries on its new 787 Dreamliner from catching fire or overheating, and getting back the plane into service. Friday's test flight concludes testing after little more than three weeks, and moves the Dreamliner closer to resuming passenger flights, restarting jet deliveries, and stemming millions of dollars in losses that have piled up at airlines and Boeing since the jet was grounded more than two months ago. ... Full Story | Top |
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