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  • Netanyahu quietly curbs settlement expansion - reports

    May 7, 2013 11:14 AM 27

    JERUSALEM (Reuters) - Prime Minister Benjamin Netanyahu has quietly curbed new building projects in Jewish settlements, an Israeli watchdog group and media reports said on Tuesday, in an apparent bid to help U.S. efforts to revive peace talks with the Palestinians. "We see there have been no new construction tenders issued for the West Bank since President

  • Turkey condemns Israeli air strikes in Syria

    May 7, 2013 11:13 AM 30

    Turkey, Iran condemn Israeli attacks on Syria ANKARA (Reuters) - Turkish Prime Minister Tayyip Erdogan condemned on Tuesday Israeli air strikes on targets near Damascus, saying they were an opportunity for Syrian President Bashar al-Assad's government to cover up its own killings. "The air strike Israel carried out on Damascus is completely unacceptable

  • Authorities tried earlier to visit house where Ohio women found

    May 7, 2013 10:44 AM 32

    "The nightmare is over": FBI agent in Ohio missing women case CLEVELAND (Reuters) - As three Cleveland women reunited with their families on Tuesday after vanishing for about a decade in their own neighbourhood, police scoured the house they escaped from for clues on how they could be held captive for so long with no one noticing. Cleveland authorities

  • Diageo names Menezes CEO with eye on emerging markets

    May 7, 2013 9:29 AM 29

    LONDON (Reuters) - Diageo named Ivan Menezes as chief executive on Tuesday, turning to an Indian-born company insider whose role in the British drinks firm's push into emerging markets points to where it sees its future. Chief Operating Officer Menezes, 53, replaces Paul Walsh, who is stepping down after 13 years, the maker of Johnnie Walker whisky said in an announcement

  • HSBC profits nearly double as costs and bad debts fall

    May 7, 2013 9:15 AM 29

    LONDON (Reuters) - HSBC aims to keep the pressure on costs after first-quarter earnings nearly doubled due to the bank's three-year efficiency drive and a halving in bad debts charges. The jump in profits reinforces HSBC's position as one of the strongest global banks after the financial crisis partly as a result of a radical overhaul to simplify its sprawling

  • Britain should quit European Union - Nigel Lawson

    May 7, 2013 9:14 AM 29

    LONDON (Reuters) - Britain should leave the European Union because Prime Minister David Cameron's plan to claw back powers from Brussels is doomed, a former senior minister said on Tuesday, stirring divisions that threaten his party's re-election hopes. The intervention of Nigel Lawson, a heavyweight in the Conservative party who served as Margaret Thatcher's

  • North Korea missiles moved away from launch site - U.S. officials

    May 7, 2013 9:05 AM 30

    WASHINGTON (Reuters) - North Korea has taken two Musudan missiles off launch-ready status and moved them from the country's east coast, U.S. officials told Reuters on Monday, after weeks of concern that Pyongyang had been poised for a test-launch. U.S. Secretary of State John Kerry warned North Korea last month that it would be a "huge mistake" to fire the medium-range

  • Pakistan election violence forces candidates behind high walls

    May 7, 2013 8:49 AM 32

    PESHAWAR, Pakistan (Reuters) - Mian Hussain is fighting for his political life from a deserted party headquarters, where two telephones sit silently beside him and the footsteps of a tea boy echo down the corridor. One of Pakistan's most high-profile anti-Taliban politicians, Hussain hasn't been to a single public event since campaigning for the May 11 election

  • China rejects Pentagon charges of military espionage

    May 7, 2013 8:15 AM 27

    WASHINGTON (Reuters) - China is using espionage to acquire technology to fuel its military modernization, the Pentagon said on Monday, for the first time accusing the Chinese of trying to break into U.S. defence computer networks and prompting a firm denial from Beijing. In its 83-page annual report to Congress on Chinese military developments, the Pentagon

  • Sainsbury's in talks with Lloyds over Sainsbury's Bank control

    May 7, 2013 7:14 AM 30

    LONDON (Reuters) - J Sainsbury, Britain's third largest supermarket group, said on Tuesday it was in advanced negotiations with Lloyds Banking Group to take full ownership of the Sainsbury's Bank joint venture. The statement was prompted by media speculation over the weekend that Sainsbury's was on the verge of buying out Lloyds' 50 percent stake in the bank. Sainsbury's