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| Israeli-Palestinian talks begin amid deep divisions Monday, Jul 29, 2013 08:25 PM PDT  By Arshad Mohammed and Lesley Wroughton WASHINGTON (Reuters) - Israeli and Palestinian negotiators held their first peace talks in nearly three years on Monday in a U.S.-brokered effort that Secretary of State John Kerry hopes will end their conflict despite deep divisions. Top aides to Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas began the talks over an iftar dinner - the evening meal with which Muslims break their daily fast during Ramadan - hosted by Kerry at the State Department. ... Full Story | Top |
| U.S. says JPMorgan manipulated market; settlement seen Monday, Jul 29, 2013 06:59 PM PDT  WASHINGTON (Reuters) - The U.S. power regulator outlined its case of market manipulation against JPMorgan Chase & Co on Monday as industry sources said a final settlement on the issue should come on Tuesday. Traders used improper bidding tactics in California and the Midwest to boost profits, officials said in a statement that brought to light some details of an extensive investigation. Reports of that probe have circulated for months and a deal with the regulator could put an end to a distraction for JPMorgan Chief Executive Jamie Dimon. The U.S. ... Full Story | Top |
| Second-quarter GDP to slow sharply on tax burden Monday, Jul 29, 2013 02:51 PM PDT  By Lucia Mutikani WASHINGTON (Reuters) - Economic growth probably slowed sharply in the second quarter, but its pace is unlikely to change views that the Federal Reserve will start trimming bond purchases later this year. Gross domestic product probably grew at a 1.0 percent annual rate after expanding at a 1.8 percent pace in the first quarter because government austerity and weak global demand weighed on the economy, according to a Reuters poll of economists. But there is a risk that growth undershoots expectations, with forecasts as low as a 0.4 percent rate. ... Full Story | Top |
| Two Swiss trains collide, 35 injured, driver feared dead Monday, Jul 29, 2013 02:27 PM PDT GRANGES-PRES-MARNAND, Switzerland (Reuters) - Two trains collided head-on in Switzerland on Monday evening, injuring about 35 people, five seriously, police said. The driver of one of the trains was still unaccounted for and thought to be inside the wreckage, at Granges-près-Marnand in the canton of Vaud, police spokesman Jean-Christophe Sauterel said. "These are regional trains. The speeds are a little lower and even if one deeply regrets the likely loss of life of one person as well as five serious injuries, the situation could have been much more catastrophic," Sauterel said. ... Full Story | Top |
| Murdoch's wife hires new lawyer in divorce case: New York Times Monday, Jul 29, 2013 08:47 PM PDT  (Reuters) - The wife of News Corp Chief Executive Rupert Murdoch, Wendi Murdoch, has switched lawyers in a move signaling that their divorce proceedings could take an acrimonious turn, the New York Times reported on Monday. Murdoch, 82, filed for divorce in June. He married the former Wendi Deng, 44, in 1999 in his third and her second marriage. They have two young daughters. ... Full Story | Top |
| Ohio man faces additional charges in murders of three women Monday, Jul 29, 2013 09:07 PM PDT By Kim Palmer CLEVELAND (Reuters) - Accused serial killer Michael Madison faced additional charges on Monday in connection with the slayings of three women whose decomposing bodies were found wrapped in plastic bags around his suburban Cleveland home. Madison, 35, a convicted sex offender, already was charged aggravated murder and kidnapping in a case reminiscent of 11 slayings committed several years ago by Anthony Sowell, one of Cleveland's most notorious mass murderers. A grand jury on Monday charged Madison with raping his victims and abusing their corpses. ... Full Story | Top |
| Egypt sides defiant as EU envoy seeks compromise Monday, Jul 29, 2013 02:03 PM PDT By Maggie Fick and Matt Robinson CAIRO (Reuters) - Europe's top diplomat pressed Egypt's rulers on Monday to step back from a growing confrontation with the Muslim Brotherhood of deposed Islamist president Mohamed Mursi, two days after 80 of his supporters were gunned down in Cairo. Raising the prospect of more bloodshed, the Brotherhood said it would march again on Monday evening towards a military intelligence headquarters. ... Full Story | Top |
| Lockheed, Pentagon reach deal on 71 more F-35s: source Monday, Jul 29, 2013 04:33 PM PDT  By Andrea Shalal-Esa WASHINGTON (Reuters) - Lockheed Martin Corp and the Pentagon have reached agreement on orders for the next two batches of F-35 fighter jets, a deal worth over $7 billion, a person briefed on the discussions told Reuters on Monday. The deal covers 71 of the radar-evading planes, with 36 jets to be purchased in the sixth production lot, and 35 in the seventh. The total includes 60 F-35s for the U.S. military, and 11 for Australia, Italy, Turkey and Britain. ... Full Story | Top |
| Gunmen kill eight Tunisian troops as political tensions grow Monday, Jul 29, 2013 05:01 PM PDT  By Tarek Amara and Erika Solomon TUNIS (Reuters) - Gunmen killed at least eight Tunisian soldiers on Monday, staging the biggest attack on the security forces in decades as political tensions rose between supporters and opponents of the Islamist-led government. President Moncef Marzouki called the ambush on Mount Chaambi, near the Algerian border, a "terrorist attack" and announced three days of mourning. Tunisian troops have been trying to track down Islamist militants in the remote region since December. ... Full Story | Top |
| Berlusconi faces verdict that could endanger Italian government Monday, Jul 29, 2013 04:32 PM PDT  By Barry Moody ROME (Reuters) - Italy's supreme court convenes on Tuesday to rule whether Silvio Berlusconi should be jailed and banned from public office for tax fraud, a verdict that could endanger Italy's shaky coalition government. A ruling against the former prime minister would be his first definitive conviction and signal the end of an era in which he has dominated Italian politics for two decades through his media power and political skill. ... Full Story | Top |
| Verdict to be read on Tuesday for Bradley Manning WikiLeaks case Monday, Jul 29, 2013 02:09 PM PDT  By Medina Roshan (Reuters) - The verdict will be read on Tuesday at the court-martial of the soldier accused of the biggest leak of classified information in U.S. history, the judge said, with the biggest question whether he will be convicted of the most serious charge of aiding the enemy, carrying a life sentence. ... Full Story | Top |
| Hudson's Bay CEO bets big on department stores with Saks buy Monday, Jul 29, 2013 02:45 PM PDT  By Phil Wahba and Solarina Ho NEW YORK/TORONTO (Reuters) - Richard Baker is doubling down on his attempt to revive big-name department stores with a $2.4 billion bid to buy Saks Inc, bringing the New York retailer into Canada and under the same roof as Lord & Taylor and Canada's Hudson's Bay. Baker's Hudson's Bay Co is offering $16 per share to Saks, a 30 percent premium over levels in May, right before media reports that the luxury U.S. retailer was up for sale. The deal is worth $2.9 billion in cash, including Saks' debt. ... Full Story | Top |
| Kerry seeks 'reasonable compromises' in Israeli-Palestinian talks Monday, Jul 29, 2013 02:15 PM PDT By Arshad Mohammed and Lesley Wroughton WASHINGTON (Reuters) - U.S. Secretary of State John Kerry called on Monday for Israel and the Palestinians to make "reasonable compromises" for peace as he prepared to preside over their first direct negotiations in nearly three years. "It is no secret this is a difficult process. If it were easy, it would have happened a long time ago," Kerry said with his newly named envoy for Israeli-Palestinian peace, former U.S. ambassador to Israel Martin Indyk, at his side. ... Full Story | Top |
| U.S. says JP Morgan manipulated market; settlement seen Monday, Jul 29, 2013 04:47 PM PDT WASHINGTON (Reuters) - The U.S. power regulator outlined its case of market manipulation against JPMorgan Chase & Co on Monday as industry sources said a final settlement on the issue should come on Tuesday. Traders used improper bidding tactics in California and the Midwest to boost profits, officials said in a statement that brought to light some details of an extensive investigation. Reports of that probe have circulated for months and a deal with the regulator could put an end to a distraction for JPMorgan Chief Executive Jamie Dimon. The U.S. ... Full Story | Top |
| Gunmen kill eight Tunisian troops as political tensions rise Monday, Jul 29, 2013 04:40 PM PDT By Tarek Amara and Erika Solomon TUNIS (Reuters) - Gunmen killed at least eight Tunisian soldiers on Monday, staging the biggest attack on the security forces in decades as political tensions rose between supporters and opponents of the Islamist-led government. President Moncef Marzouki called the ambush on Mount Chaambi, near the Algerian border, a "terrorist attack" and announced three days of mourning. Tunisian troops have been trying to track down Islamist militants in the remote region since December. ... Full Story | Top |
| Exclusive: EU to clear US Airways, American $11 billion merger - sources Monday, Jul 29, 2013 11:43 AM PDT  By Foo Yun Chee BRUSSELS (Reuters) - AMR Corp's American Airlines and US Airways will win EU approval for their $11 billion merger to become the world's largest carrier after agreeing to cede slots on a transatlantic route, three persons familiar with the matter said on Monday. The airlines offered to give up slots at Heathrow and Philadelphia airports earlier this month after the European Commission raised competition concerns over the route. "The deal is set to be approved," one source said. ... Full Story | Top |
| Publicis, Omnicom say major clients welcome merger Monday, Jul 29, 2013 09:04 AM PDT  PARIS (Reuters) - The chief executives of Publicis and Omnicom said they had spoken to major clients about their planned merger and did not anticipate major problems with big advertisers defecting to rivals in the transition period. Publicis CEO Maurice Levy said the reaction to the merger from all the company's major clients had been "extremely positive". Competing sector executives and analysts expect that the Publicis Omnicom merger could spur some big customers to switch agencies to avoid conflicts. ... Full Story | Top |
| FBI arrests 150 in three days in sex-trafficking sweep Monday, Jul 29, 2013 11:08 AM PDT  WASHINGTON (Reuters) - The FBI arrested 150 people across the United States on charges of holding children against their will for prostitution, a three-day weekend sweep that officials on Monday called the largest-ever operation against child sex-trafficking. The suspects, whom the FBI referred to as "pimps," were arrested in 76 U.S. cities and are expected to face state and federal charges related to sex crimes and human trafficking, FBI and U.S. Justice Department officials said at a news conference. ... Full Story | Top |
| Pope says gays should not be marginalized Monday, Jul 29, 2013 11:41 AM PDT  By Philip Pullella ROME (Reuters) - Pope Francis has said gay people should not be marginalized but integrated into society, in some of the most conciliatory remarks by a pontiff on the issue of homosexuality. In a broad-ranging 80-minute conversation with journalists on the plane bringing him back from a week-long visit to Brazil on Sunday night, he also said he could not judge gay priests, an emotive topic that divides Catholic opinion. But the 76-year-old Argentine did reaffirm Church teaching that homosexual acts are a sin. ... Full Story | Top |
| American Airlines airplane blows tires after landing Monday, Jul 29, 2013 01:20 PM PDT (Reuters) - An American Airlines Boeing 737 carrying 137 passengers and a crew of five blew two tires upon landing at O'Hare International Airport on Monday, and no one was injured, the carrier said. Two tires on the left main landing gear blew out when Flight 810 landed in Chicago from Reno, Nevada, American spokeswoman Mary Frances Fagan said. Passengers were evacuated from the plane with a portable staircase and taken to the terminal on a bus. Maintenance staff changed the tires. Fagan said the plane was due to be put back in service after being checked out. ... Full Story | Top |
| IMF approves $2.3 billion aid for Greece Monday, Jul 29, 2013 01:40 PM PDT  WASHINGTON (Reuters) - The International Monetary Fund on Monday approved a further 1.7 billion euros ($2.3 billion) in funds for Greece's bailout program after completing the fourth review of the cash-strapped euro zone state. Greece last week adopted the last piece of legislation its international lenders required to release the next batch of rescue loans, after two months of wrangling over unpopular measures to overhaul the economy. The total funds from the IMF, the European Commission and the European Central Bank comprise 5.8 billion euros. ... Full Story | Top |
| Syria says army retakes Homs district from rebels Monday, Jul 29, 2013 12:04 PM PDT  By Dominic Evans BEIRUT (Reuters) - Syrian troops drove insurgents from a central district of Homs on Monday, tightening their siege on remaining rebel bastions in the city, which links Damascus to the Mediterranean heartland of President Bashar al-Assad's Alawite sect. The military's gains in Khalidiya district follow a counter-offensive by Assad's forces, which have pushed back rebels around the Syrian capital and retaken several towns and villages near the border with Lebanon in the last few weeks. ... Full Story | Top |
| Party in Tunisian ruling coalition demands new government Monday, Jul 29, 2013 08:18 AM PDT By Tarek Amara TUNIS (Reuters) - A secular party in Tunisia's ruling Islamist-led coalition demanded a unity government on Monday to defuse a deepening political crisis, hours after the army sealed a square in the capital where protesters had clashed. Tensions have been mounting over opposition efforts to oust the government following last week's assassination of a leftist politician, the second such killing in six months. Soldiers blocked off the central Bardo square in Tunis, declaring it a "closed military zone" after pro- and anti-government protesters threw rocks at each other. ... Full Story | Top |
| Former U.S. President Carter has no plans to visit North Korea: aide Monday, Jul 29, 2013 01:29 PM PDT  WASHINGTON/SEOUL (Reuters) - A representative for former U.S. President Jimmy Carter denied reports on Monday that he was planning to visit North Korea soon to try to win the release of an American citizen being held in the reclusive nation. South Korea's Yonhap news agency reported that Carter, 88, would be visiting soon to urge the release of Kenneth Bae, who was sentenced in May for committing crimes against North Korea. Deanna Congileo, a spokeswoman at the Carter Center in Atlanta, said that is not the case. ... Full Story | Top |
| Kerry calls for reasonable compromises as he names Mideast envoy Indyk Monday, Jul 29, 2013 08:26 AM PDT  WASHINGTON (Reuters) - U.S. Secretary of State John Kerry named former U.S. ambassador to Israel Martin Indyk as his main envoy in Israeli-Palestinian talks starting in Washington later on Monday and said he was seeking "reasonable compromises" in the tough negotiations. "Going forward it is no secret this is a difficult process. If it were easy, it would have happened a long time ago," Kerry told reporters. ... Full Story | Top |
| European Court to hear new CIA jail case against Poland Monday, Jul 29, 2013 08:01 AM PDT  By Christian Lowe WARSAW (Reuters) - The European Court of Human Rights (ECHR) has agreed to consider a second case against Poland over allegations it allowed the CIA to run a secret jail on its soil, intensifying pressure on Warsaw to reveal how closely it was involved in the U.S. "war on terror". The Strasbourg-based court will consider an application from Saudi-born Abu Zubaydah, who alleges that he was held illegally about a decade ago in a CIA-run facility on the grounds of an intelligence training academy in a Polish forest. ... Full Story | Top |
| Wave of car bombings target Iraqi Shi'ites, killing 60 Monday, Jul 29, 2013 06:44 AM PDT By Kareem Raheem BAGHDAD (Reuters) - Car bombs ripped through busy streets and markets in Iraq on Monday, killing at least 60 people in predominantly Shi'ite areas in some of the deadliest violence since Sunni insurgents stepped up attacks this year. The 17 blasts, which appeared to be coordinated, were concentrated on towns and cities in Iraq's mainly Shi'ite south, and districts of the capital where Shi'ites live. ... Full Story | Top |
| Italian bus crash kills 39; second European transport disaster in five days Monday, Jul 29, 2013 05:11 AM PDT  By Roberto Mignucci MONTEFORTE IRPINO, Italy (Reuters) - Thirty-nine people were killed and around 10 injured when a bus plunged off a viaduct in southern Italy in what Prime Minister Enrico Letta described on Monday as a huge tragedy. Initial reports suggested that the coach was travelling at speed and had hit four or five cars before crashing over the roadside barriers on a stretch of road near Monteforte Irpino, east of Naples, on Sunday night. There were around 50 people on board, including many children. ... Full Story | Top |
| Boeing asks for beacon checks on up to 1,200 jets Monday, Jul 29, 2013 01:01 PM PDT  By Tim Hepher and Siva Govindasamy PARIS/SINGAPORE (Reuters) - Boeing has asked airlines to inspect up to 1,200 aircraft across their fleets to gather data on Honeywell emergency beacons that have come under scrutiny following a fire on a parked 787 Dreamliner two weeks ago. The blaze caused serious damage to the jet owned by Ethiopian Airlines at London's Heathrow on July 12. Between 1,100 and 1,200 Boeing aircraft of all sizes have been fitted with the beacons. ... Full Story | Top |
| Icahn opposes voting rule change proposed by Dell founder Monday, Jul 29, 2013 04:54 AM PDT  (Reuters) - Activist investor Carl Icahn urged Dell Inc's special committee to not change voting rules, as proposed by the company's founder Michael Dell, which would make it easier for a CEO-led group to take the personal computer maker private. The CEO and partner Silver Lake last week raised their $24.4 billion bid by less than 1 percent hours before it was to be put to a vote, and added on a controversial demand to change voting rules to make it easier for his group to take the company private. Icahn, who has amassed an 8. ... Full Story | Top |
| Israel, Palestinians dispute format of Washington peace talks Monday, Jul 29, 2013 03:22 AM PDT  By Dan Williams and Ali Sawafta JERUSALEM/RAMALLAH, West Bank (Reuters) - Israeli and Palestinian officials put forward clashing formats for peace talks due to resume in Washington on Monday for the first time in nearly three years after intense U.S. mediation. U.S. Secretary of State John Kerry is due to bring the negotiators together in the evening and on Tuesday to renew talks that broke down in 2010 over Israel's settlement of occupied land where Palestinians seek a state. ... Full Story | Top |
| Cambodia's Hun Sen shaken as opposition rejects poll result Monday, Jul 29, 2013 03:12 AM PDT  By Prak Chan Thul PHNOM PENH (Reuters) - Cambodia's long-ruling Prime Minister Hun Sen faced his biggest political setback in two decades on Monday as the country's opposition rejected an election result as tainted by widespread fraud, despite heavy losses for the ruling party. Opposition leader Sam Rainsy, buoyed by a near doubling of seats in parliament, called for an inquiry into what he called massive manipulation of electoral rolls in Sunday's vote. ... Full Story | Top |
| Clashes erupt in Libya's Benghazi after blasts, protests Monday, Jul 29, 2013 03:04 AM PDT  TRIPOLI (Reuters) - At least one soldier was killed in overnight fighting in Libya's eastern city of Benghazi, a security official said on Monday, in violence that has surged since last week's killing of an anti-Islamist political activist. The clashes erupted in the western Gwesha district between an armed group and military special forces, hours after explosions that targeted buildings used by the judiciary. "Clashes broke out between special forces and an unknown armed group," Mohammed al-Hijazy, a spokesman for Benghazi security operations, said by telephone. ... Full Story | Top |
| Syria says army retakes Homs district from rebels Monday, Jul 29, 2013 06:37 AM PDT  By Dominic Evans BEIRUT (Reuters) - Syrian troops drove insurgents from central Homs on Monday, tightening their siege on remaining rebel bastions in the city, which links Damascus to the Mediterranean heartland of President Bashar al-Assad's Alawite sect. The military's gains in Khalidiya district follow a counter-offensive by Assad's forces, which have pushed back rebels around the Syrian capital and retaken several towns and villages near the border with Lebanon in the last few weeks. ... Full Story | Top |
| Spain to mourn train crash victims; driver freed pending trial Monday, Jul 29, 2013 12:29 AM PDT  By Tracy Rucinski SANTIAGO DE COMPOSTELA, Spain (Reuters) - Spain was to hold a memorial service on Monday for the 79 people who died in the country's worst rail disaster in decades, hours after the driver of the train was freed pending trial on charges of reckless homicide. The ceremony takes place at 1900 (1 p.m.ET) in the cathedral of Santiago de Compostela, a world-famous pilgrimage city in northwestern Spain where the high-speed train derailed. Prime Minister Mariano Rajoy, several ministers and the King's children Prince Felipe and Infanta Elena will attend. ... Full Story | Top |
| Ex-football coach testifies in Sandusky scandal Monday, Jul 29, 2013 11:28 AM PDT  By Dave Warner HARRISBURG, Pennsylvania (Reuters) - The former football coach whose account of Jerry Sandusky molesting a boy in a Penn State shower is at the heart of a cover-up case against former school officials testified at their court hearing on Monday. Mike McQueary told of a series of talks he had with late Penn State coach Joe Paterno in February 2001, including the morning after he spotted Sandusky sexually abusing a child in the locker room showers. "I had seen Jerry Sandusky engaged in a very bad sexual act, a molestation act, with a minor," McQueary testified he told Paterno. ... Full Story | Top |
| Japan's top diplomat heads for China, seeking better ties Monday, Jul 29, 2013 12:00 AM PDT  By Linda Sieg TOKYO (Reuters) - Japanese Vice Foreign Minister Akitaka Saiki will visit China on Monday and Tuesday for talks with senior officials, the latest in a series of efforts by Prime Minister Shinzo Abe to improve relations soured by a bitter territorial row. The hawkish Abe, who cemented his grip on power in an upper house election last week, has since then been signaling a desire for dialogue - even though Japan has raised its assessment of the risk of China's military buildup and maritime assertiveness. ... Full Story | Top |
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