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Top Stories - Part of India slid up to 10 feet

In a tragic echo of the catastrophic events in Haiti in 2010, a powerful earthquake struck one of the poorest nations on Earth today. The latest estimates from seismologists put the magnitude at 7.9, which would actually makes it about 40% larger than the 7.8 currently being reported. That`s less than half the size of the previous major event nearby in 1934, which killed around 10,000 people.

Tuesday, April 28, 2015  01:29


Europe - Greece Says It Is Changing Team That Negotiates With Creditors

In the overhaul, Greece`s finance minister, Yanis Varoufakis, who has been criticized by European counterparts, will lead a team coordinated by a deputy.

Monday, April 27, 2015  16:07


Europe - Eurozone Ministers Admonish Greece for Slow Progress on Overhauls

Finance leaders criticized Athens for moving too slowly to improve the economy and take steps they see as necessary to avoid a default.

Friday, April 24, 2015  20:56


Europe - As Cash Dwindles, Greece Negotiates With Gazprom on `Energy Cooperation`

The meeting came amid speculation of a possible multibillion-dollar gas pipeline deal by Athens and Moscow, which could provide Greece needed money.

Wednesday, April 22, 2015  01:58


Most Recent - CDC: Blue Bell listeria outbreak dates back to 2010

Tuesday, April 21, 2015  22:58


Europe - As Athens Runs Short of Cash, Greece and Gazprom Chief Hold Talks

The meeting came amid speculation on a possible multibillion-dollar gas pipeline deal by Athens and Moscow, which could provide Greece needed money.

Tuesday, April 21, 2015  19:05


Europe - Gazprom Chief and Tsipras of Greece to Hold Energy Talks

The meeting will come amid speculation about a possible multibillion-dollar gas pipeline deal between Athens and Moscow, which could provide Greece with the cash it needs.

Tuesday, April 21, 2015  14:19


Europe - News Analysis: Greece Flashes Warning Signals About Its Debt

That Athens might still be exploring ways to restructure its debt underscores how close the country is to defaulting.

Monday, April 20, 2015  14:24


World - Documents show flash crash trader`s frenetic business dealings

By Sarah N. Lynch, Tom Polansek and Douwe Miedema WASHINGTON/CHICAGO (Reuters) - The Briton blamed for contributing to the May 2010 Wall Street flash crash maintained frenetic relationships with a series of brokers, banks and software firms that appear to mirror his rapid-fire trading activity, U.S. court documents showed. Navinder Singh Sarao, 36, was arrested in London on criminal charges this week, and authorities have sought to link his trades to the flash crash, when about $1 trillion was briefly wiped out from U.S. stock markets in a matter of minutes. Sarao, who has been charged in separate civil and criminal complaints in the United States, was granted bail in London on strict conditions, including a 7.5 million-pound sterling ($5 million) bond. Operating his one-man shop from his parents` house in a working class London suburb miles from the financial district, Sarao became the first person to be charged with illegal activities related to the May 2010 rout in the U.S. equity market, which is dominated by far more sophisticated players.

Friday, April 24, 2015  03:10


Business - Accused `flash crash` trader granted bail, fights extradition to U.S.

By Michael Holden, Tom Polansek and Karl Plume LONDON/CHICAGO (Reuters) - A British trader accused by U.S. authorities of market manipulation that contributed to the May 2010 Wall Street `flash crash` was granted bail by a London court on Wednesday, after saying he opposed extradition to the United States for a trial. Navinder Singh Sarao, 36, will remain jailed in London for at least one night after bail was set at 5 million pounds ($7.5 million), along with other conditions. Sarao`s bail hearing was his first appearance since the U.S. Justice Department on Tuesday said it charged him with wire fraud, commodities fraud and market manipulation over a period of several years. The flash crash saw the Dow Jones Industrial Average briefly plunge more than 1,000 points on May 6, 2010, temporarily wiping out nearly $1 trillion in market value.

Wednesday, April 22, 2015  18:04

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