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| Lindsay Lohan says she's an addict, aims 'to shut up and listen' Sunday, Aug 18, 2013 08:44 PM PDT  NEW YORK (Reuters) - Weeks after finishing her sixth trip to rehab, actress Lindsay Lohan said in an interview broadcast on Sunday that she was an addict and realizes she needs "to shut up and listen" because her approach to dealing with personal problems had not worked. "I'm my own worst enemy, and I know that and I admit it," Lohan, 27, told Oprah Winfrey in an interview on the Oprah Winfrey Network (OWN). She said she only realized she had a problem "over a period of time" rather than at any one moment. ... Full Story | Top |
| Poll shows Australia's Labor government on course for heavy defeat Sunday, Aug 18, 2013 08:33 PM PDT  CANBERRA (Reuters) - A bold gamble by Kevin Rudd to reclaim the leadership of Australia and launch national elections appears to be failing, with a poll on Monday showing his center-left Labor government is headed for a heavy defeat in a September ballot. A Newspoll in the Australian newspaper showed opposition leader Tony Abbott's conservative coalition was ahead of Rudd's Labor Party by 54 percent to 46 at the midpoint of the five-week campaign, a two-point increase in a fortnight. ... Full Story | Top |
| Asian shares aimless, gold hits two-month peak Sunday, Aug 18, 2013 08:25 PM PDT  By Wayne Cole SYDNEY (Reuters) - Asian markets were wary on Monday amid doubts whether minutes of the Federal Reserve's last policy meeting will provide clarity on when it might scale back stimulus, leading gold up to a two-month peak and nudging the U.S. dollar lower. Asian share markets showed no clear trend with a mixture of small losses and gains, while pressure remained on Indian assets after the rupee cratered to record lows despite government efforts to stem the flow. Yields on 10-year Treasury debt were up near two-year highs at 2. ... Full Story | Top |
| Bus drivers reject labor deal that averted San Francisco-area strike Sunday, Aug 18, 2013 07:56 PM PDT  By Jonathan Kaminsky (Reuters) - Bus drivers who threatened to strike a key San Francisco-area transit system earlier this month have voted to reject a tentative contract deal and to send labor negotiators back to the bargaining table, their union said on Sunday. The tentative accord had been reached on August 6, averting a walkout planned for the next day by 1,800 drivers and other workers against the Alameda-Contra Costa Transit Agency, which serves Oakland and Berkeley and links those areas with downtown San Francisco. ... Full Story | Top |
| New ban on New Zealand dairy products bound for China Sunday, Aug 18, 2013 07:45 PM PDT  By Naomi Tajitsu WELLINGTON (Reuters) - More New Zealand milk products bound for China have been halted after elevated levels of nitrates were found, raising further concerns over quality and testing in the world's largest dairy exporter in the wake of a contamination scare earlier this month. New Zealand's agricultural regulator said on Monday it has revoked export certificates for four China-bound consignments of lactoferrin manufactured by Westland Milk Products after higher- than-acceptable nitrate levels were found by tests in China. ... Full Story | Top |
| China Everbright Securities restricted from building new futures positions Sunday, Aug 18, 2013 07:17 PM PDT  SHANGHAI (Reuters) - Everbright Securities has been restricted from building new stock index futures positions in mainland China after a glitch in the brokerage's systems caused a spike of more than 5 percent in the country's stock indexes last week. The incident on Friday dealt yet another blow to investor confidence in the Chinese stock market. Since late last year, China has halted all initial public offering approvals as it rewrites listing rules to improve transparency as part of efforts to boost the sagging market. ... Full Story | Top |
| Obama to meet with financial regulators on Wall Street reform law Sunday, Aug 18, 2013 06:54 PM PDT  By Sarah N. Lynch WASHINGTON (Reuters) - President Barack Obama will sit down with the leading U.S. financial market regulators on Monday to discuss their progress in implementing the 2010 Wall Street reform law, the White House said on Sunday. The Dodd-Frank law was passed by the then-Democratic-controlled Congress with Obama's support as a response to the 2007-2009 financial crisis. It aims to prevent large, complex financial firms from imperiling markets should they collapse. ... Full Story | Top |
| British households find it easier to get credit - survey Sunday, Aug 18, 2013 06:15 PM PDT LONDON (Reuters) - Britons are finding it increasingly easy to get unsecured loans and remain in a mood to spend, according to survey on Monday that highlights the role credit is playing in the country's recovery. Survey compiler Markit said households' perceptions of credit availability rose to 48.4 in August from 47.7 in July. That was the third consecutive rise and the highest since the series began during the depths of the financial crisis in February 2009. ... Full Story | Top |
| Insight: North Korea's Kim tries new tack with defectors - being nice Sunday, Aug 18, 2013 05:04 PM PDT  (Contains profanity in third paragraph) By Ju-min Park SEOUL (Reuters) - North Korean leader Kim Jong-un is taking a new approach to defectors who have fled his impoverished and repressive state, promising they will not be harmed if they come home, and even offering cash rewards, according to some in the exile community. ... Full Story | Top |
| Bidder says RBS branch sale could be delayed Sunday, Aug 18, 2013 04:19 PM PDT  (Reuters) - W&G Investments Plc , one of the three bidders vying for Royal Bank of Scotland's 315 branches, said the sale could be delayed beyond the two-year schedule. RBS has been ordered to sell the branches in return for receiving a 45.5 billion pound ($71.04 billion) bailout during the 2008 financial crisis which left British taxpayers owning 81 percent of the bank. The sale process dubbed Project Rainbow, suffered a setback in October when Santander pulled out of a deal to buy the branches for 1.65 billion pounds. ... Full Story | Top |
| Vodafone in multi-million tax settlement: report Sunday, Aug 18, 2013 03:24 PM PDT  (Reuters) - Vodafone Group paid millions to Britain's tax authority as part of a settlement linked to its Irish unit, the Guardian reported on Sunday. The Guardian reported that accounts filed in Dublin showed that in 2009 Her Majesty's Revenue and Customs (HMRC) settled a dispute with the British telecoms provider over its Irish tax returns. The overall size of the settlement has not been revealed but it involved Vodafone reclaiming 67 million euros ($89.33 million) from the Irish government in tax that should have been paid in the UK, the Guardian reported. ... Full Story | Top |
| Dogfight over Tokyo: Japan's big airlines vie for landing rights Sunday, Aug 18, 2013 02:03 PM PDT  By Tim Kelly and Kentaro Sugiyama TOKYO (Reuters) - Tokyo's busy Haneda airport is the latest battleground for Japan's two big carriers, Japan Airlines Co Ltd and ANA Holdings , in a politically-charged fight over $400 million worth of landing rights. The two carriers have locked horns for decades at home, but this clash threatens to take on an international dimension by embroiling British Airways and other foreign carriers. ... Full Story | Top |
| BP may send workers to Gulf of Mexico after storm dissipates Sunday, Aug 18, 2013 01:21 PM PDT  NEW YORK (Reuters) - BP Plc said it could start returning offshore workers to its deepwater Gulf of Mexico oil and gas facilities later on Sunday after a tropical storm had dissipated. BP said on Thursday it had evacuated some non-essential personnel from its four production platforms and had ordered its drilling rig contractors to temporarily cease operations. On Sunday, BP said oil and gas production remained online. (Reporting by Sabina Zawadzki; Editing by Maureen Bavdek) Full Story | Top |
| Insight: Some U.S. feedlots rue loss of 'Vitamin Z' Zilmax Sunday, Aug 18, 2013 12:24 PM PDT  By Lisa Baertlein and P.J. Huffstutter (Reuters) - After nearly a decade of relying on weight-gain feed additives as a lifeline to survival, some of the 75,000 U.S. cattle feedyards that dot rural America in places such as Texas and the Great Plains, suddenly must do without the leading product Zilmax - nicknamed "Vitamin Z." Merck & Co's announcement on Friday that it was suspending the sale of Zilmax in the United States and Canada surprised many cattle owners and feedlot operators, who say Zilmax and other beta-agonists have been a godsend for a struggling U.S. ... Full Story | Top |
| Oprah's 'Butler' cleans up with $25 million at box office Sunday, Aug 18, 2013 11:08 AM PDT  By Lisa Richwine and Chris Michaud LOS ANGELES/NEW YORK (Reuters) - "Lee Daniels' The Butler," a civil rights drama starring Forest Whitaker and Oprah Winfrey, surpassed expectations and easily won the weekend box office battle, debuting with $25 million in U.S. and Canadian ticket sales through Sunday. Jennifer Aniston comedy "We're the Millers" finished in the No. 2 slot, earning $17.8 million in its second weekend, according to studio estimates. Last weekend's box office leader, Matt Damon sci-fi thriller "Elysium," fell to third place with $13.6 million. ... Full Story | Top |
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