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Air strikes in Yemen kill 35 al Qaeda militants in two days Sunday, Apr 20, 2014 12:15 PM PDT By Mohamed Mukhashaf ADEN, Yemen (Reuters) - Air strikes in southern Yemen killed about 25 suspected al Qaeda members on Sunday, local tribal sources said, in the second operation of its kind within two days. On Saturday an air strike killed 10 al Qaeda militants and three civilians in central Yemen, a country that neighbors top oil exporter Saudi Arabia and is home to al Qaeda in the Arabian Peninsula (AQAP), one of the group's most lethal wings. The defense ministry did not specify the nature of the air strikes, but in both cases local sources said unmanned drone aircraft had been seen above the target areas beforehand. Full Story | Top |
Barclays planning exit of some commodities markets: FT Sunday, Apr 20, 2014 12:08 PM PDT (Reuters) - Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan Stanley away from the commodities business, the Financial Times reported on Sunday. The UK bank is expected to announce the changes on Tuesday, which include heavy cuts to its global commodities trading staff, the newspaper reported. The FT said Barclays is making the move because conditions in the commodities markets have grown unfavorable recently. Barclays declined to comment. Full Story | Top |
Malaysia Airlines plane returns safely after landing gear scare Sunday, Apr 20, 2014 12:04 PM PDT A Malaysia Airlines passenger plane with 166 people on board landed safely at Kuala Lumpur airport early on Monday after being forced to abandon a flight to Bangalore because of problems with its landing gear, the airline said. Defence Minister and Acting Transport Minister Hishammuddin Hussein said in a tweet: 'All landed safely - going there now!!" Malaysia Airlines had said earlier that the Boeing 737-800, carrying 159 passengers and seven crew, had suffered a malfunction of its right-hand landing gear upon takeoff, and would be forced to attempt an emergency landing. The website www.flightradar24.com, which displays live air traffic, showed Flight MH192 repeatedly circling Kuala Lumpur airport before the eventual landing. Last month a Malaysia Airlines flight disappeared on a flight from Kuala Lumpur to Beijing in unexplained circumstances with 239 people on board, and the search for its presumed wreckage is still continuing in the Indian Ocean. Full Story | Top |
Australia sees 'regroup' on Malaysian plane search in a few days Sunday, Apr 20, 2014 12:04 PM PDT By David Lawder WASHINGTON (Reuters) - Australia will decide in a few days whether to alter or scale back the search for missing Malaysia Airlines Flight 370, but will consult all countries involved on any changes, Australia's ambassador to the United States said on Sunday. Kim Beazley told CNN the search countries would "regroup and reconsider" if nothing is found in a section of the Indian Ocean floor now being scanned by a U.S. Navy underwater drone. This includes adjustments to the air and sea surface search efforts and the possibility of bringing in private contractors to replace some military assets, he said. You may well also consider bringing in other underwater search equipment," Beazley said on the "State of the Union with Candy Crowley" program. Full Story | Top |
Canada's Kiesza grabs top spot in British music charts with debut Sunday, Apr 20, 2014 11:49 AM PDT Female Canadian singer-songwriter Kiesza grabbed the top spot in Britain's music charts on Sunday with her debut single "Hideaway", which sold more than 136,000 copies, the Official Charts Company said. Calgary-born Kiesza is a classically-trained ballerina and a former codebreaker in the Royal Canadian Navy where she says she began writing songs. In the albums chart, Scottish singer-songwriter Paolo Nutini snatched the top spot with his new album "Caustic Love", the fastest-selling album of the year so far. The Official Charts Company said the release, Nutini's third studio album, had sold more than 109,000 copies over the last seven days and was the 27-year-old's second UK number one album. Full Story | Top |
Malaysian plane lands safely after landing gear scare Sunday, Apr 20, 2014 11:33 AM PDT KUALA LUMPUR (Reuters) - A Malaysia Airlines passenger plane with 166 people on board landed safely at Kuala Lumpur early on Monday after being forced to abandon a flight to Bangalore because of problems with its landing gear, the airline said. Defence Minister and Acting Transport Minister Hishammuddin Hussein said in a tweet: 'All landed safely - going there now!!" (Reporting by Stuart Grudgings, editing by Mark Trevelyan) Full Story | Top |
Technical problems delay reopening of Libya's Zueitina oil port: minister Sunday, Apr 20, 2014 11:31 AM PDT By Ayman al-Warfalli BENGHAZI, Libya (Reuters) - Technical problems have delayed the reopening of Libya's eastern Zueitina oil export terminal after the government reached a deal with rebels to end an eight-month blockade of the port, a minister said on Sunday. Under the plan, the Hariga and Zueitina ports were due to open immediately while the larger Ras Lanuf and Es Sider terminals would resume oil exports within a month. But justice minister Salah al-Merghani said Hariga port located in Tobruk in the far east would be the only one to start operations due to technical problems at Zueitina. He declined to give a date for the resumption of oil exports from the 70,000 barrels-per-day port or for the Ras Lanuf and Es Sider ports. Full Story | Top |
The top films at the North American box office Sunday, Apr 20, 2014 11:26 AM PDT LOS ANGELES/NEW YORK (Reuters) - Following are the top 10 movies at North American box offices for the three days starting April 18, led by "Captain America: The Winter Soldier" at No. 1, according to studio estimates compiled by Reuters. 1 (1) Captain America........................$ 26.5 million 2 (2) Rio 2..................................$ 22.5 million 3 (*) Heaven is for Real.....................$ 21.5 million 4 (*) Transcendence..........................$ 11.5 million 5 (*) A Haunted House 2......................$ 9.1 million 6 (4) Draft Day..............................$ 5. ... Full Story | Top |
Brazil´s president also responsible for refinery deal: ex CEO Sunday, Apr 20, 2014 11:21 AM PDT Brazil´s President Dilma Rousseff must assume her share of responsibility for the controversial purchase of a refinery in Texas by Petroleo Brasileiro SA, the former chief executive of the state-run oil company said in an interview published on Sunday. Rousseff chaired the board of Petrobras in 2006 when it approved the purchase of Pasadena Refining System Inc, near Houston. Its high cost and losses later incurred at the refinery have put Petrobras at the center of a growing political scandal that began with bribery accusations and was fanned by the arrest of a former director in connection with a money-laundering case. The fall-out could complicate a re-election bid in October by Rousseff, who has said she was not informed of two clauses in the refinery contract that made it an onerous deal for Petrobras. Full Story | Top |
'Easter Dragon' makes delivery to International Space Station Sunday, Apr 20, 2014 10:40 AM PDT By Irene Klotz CAPE CANAVERAL, Florida (Reuters) - A cargo ship owned by Space Exploration Technologies arrived at the International Space Station on Sunday, with a delivery of supplies and science experiments for the crew and a pair of legs for the experimental humanoid robot aboard that one day may be used in a spacewalk. Station commander Koichi Wakata used the outpost's 58-foot (18-meter) robotic crane to snare the Dragon capsule from orbit at 7:14 a.m. (1114 GMT), ending its 36-hour journey. "The Easter Dragon is knocking at the door," astronaut Randy Bresnik radioed to the crew from Mission Control in Houston. Space Exploration, known as SpaceX, had planned to launch its Dragon cargo ship in March, but was delayed by technical problems, including a two-week hold to replace a damaged U.S. Air Force radar tracking system. Full Story | Top |
'Captain America' soars again, tops 'Rio 2' to win U.S. box office Sunday, Apr 20, 2014 10:39 AM PDT By Ronald Grover and Chris Michaud LOS ANGELES/NEW YORK (Reuters) - Marvel's superhero in "Captain America: The Winter Soldier" claimed a third straight box office win, collecting $26.6 million at the domestic box office to beat the colorful birds of animated film "Rio 2," which generated $22.5 million in ticket sales. "Heaven Is for Real", based on a best-selling Christian book about a boy who claims to have witnessed heaven during surgery, was a strong third at U.S. and Canadian theaters with $21.5 million over the Easter holiday weekend. "Transcendence", the science fiction thriller starring Johnny Depp as an artificial intelligence researcher, was a disappointing fourth with $11.2 million in ticket sales, according to studio estimates provided by tracking firm Rentrak. "Captain America", which stars Chris Evans as a scrawny World War Two reject given super powers from an experimental serum, is the latest superhero hit from Disney's Marvel Studios. Full Story | Top |
Kuwaiti newspapers suspended over 'plot' tape stories Sunday, Apr 20, 2014 10:38 AM PDT A judge has suspended two Kuwaiti newspapers for two weeks after they published stories about a recording that discusses an alleged plot to overthrow the Gulf state's ruling system, their editors and the state news agency said on Sunday. Kuwait, a major oil producer and U.S. ally, has imposed a news blackout on a sensitive investigation into the tape, saying earlier this month that media coverage about it was damaging to the country. The Information Ministry said the newspapers had published "articles and views on the case which could affect relevant investigations by the Public Prosecution, and could even undermine the national interest," the KUNA news agency reported. Al Watan editor-in-chief Sheikh Khalifa Ali al-Khalifa al-Sabah told Reuters that his publication would contest the decision and continue to update its website. Full Story | Top |
Lexus aloof from China production while Nissan, Honda step in Sunday, Apr 20, 2014 09:51 AM PDT By Yoko Kubota BEIJING (Reuters) - The head of Lexus, the premium brand of Toyota Motor Corp , said on Sunday an emphasis on quality had kept it from manufacturing in China. Unlike German peers Audi, Volkswagen AG's luxury division and BMW , Lexus imports all of its vehicles sold in China, from Japan. But high tariffs charged on imported cars make it hard to generate volume and last year, Lexus sold around a seventh of Audi's tally and a fifth of what BMW sold in China. Full Story | Top |
GM to battle VW in China with $12 billion investment and new plants Sunday, Apr 20, 2014 09:00 AM PDT U.S. car giant General Motors Corp (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market. GM expects its China sales to expand 8-10 percent this year, in line with the overall growth of the Chinese market, where foreign firms, such as Volkswagen AG , and domestic players like SAIC Motor Corp vie for more market share. In total we are investing $12 billion between 2014 and 2017," Matt Tsien, president of GM China, said at the Auto China show in Beijing. GM plans to build five more plants in China next year, as part of its efforts to ramp up manufacturing capacity there by 65 percent by 2020, executives said on Sunday. Full Story | Top |
Mercedes, BMW chase ultra rich clients with new high end cars Sunday, Apr 20, 2014 08:50 AM PDT Premium auto maker BMW unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine. Ian Robertson, BMW Group's board member responsible for sales and marketing said the car is being presented the Auto China show in Beijing as a way to test customer opinion in the world's largest car market. Around half of tall the 7-series flagship models made by BMW end up being sold in China, Robertson said. BMW Group's sales in China are up 25 percent in the first quarter. Full Story | Top |
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