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America - World Briefing: Argentina: Stiff Sentences for 10 in Retrial of Human Trafficking Case

A court handed down sentences of 10 to 22 years in prison on Tuesday to 10 defendants accused of kidnapping and forcing into prostitution a young woman whose disappearance raised global awareness about human trafficking.

Thursday, April 17, 2014  03:20


Sports - Durant has 42, Thunder beat Pistons 112-111

OKLAHOMA CITY (AP) Kevin Durant scored 42 points, including 21 in the fourth quarter, and the Oklahoma City Thunder secured the No. 2 playoff seed in the Western Conference, rallying from 10-point fourth-quarter deficit to beat the Detroit Pistons 112-111 Wednesday night.

Thursday, April 17, 2014  04:08


NBA - Evans leads Pelicans past Rockets, 105-100

Evans has 25 points, 10 assists as Pelicans down Rockets in regular season finale, 105-100

Thursday, April 17, 2014  03:44


World - 5 things to know about Super Rugby round 10

WELLINGTON, New Zealand (AP) The 10th round of Super Rugby may be one of the most influential of the season so far, containing four derby matches and potentially difficult encounters for tournament front-runners.

Thursday, April 17, 2014  02:08


World - Britain`s Co-op Bank logs huge loss, scraps bonuses

Britain`s crisis-hit Co-operative Bank posted a vast annual loss on Friday and axed bonuses for former executives who had left prior to its near-collapse. Operating losses ballooned to £1.28 billion ($2.15 billion, 1.54 billion euros) in 2013, from £674.9 million in 2012, hit by rising bad debts and charges related to misconduct and legal issues, Co-op Bank said in a results statement. Co-op Bank expressed confidence that investors would inject another £400 million of capital, despite warning it would not make a profit in 2014 or 2015. Chief executive Niall Booker, who was appointed in June to help turn the lender around, apologised to customers and investors for its past failings that had placed the future of the business seriously at risk.

Friday, April 11, 2014  13:18


World - Britain`s anti-EU leader denies expenses allegations

Eurosceptic UK Independence Party leader Nigel Farage said Tuesday he was considering legal action after a British newspaper reported that he faces an investigation over his EU expenses. Farage told the BBC that the `outrageous` allegations published by Rupert Murdoch`s The Times were politically motivated, ahead of European Parliament elections on May 22. The Times reported that a former UKIP official had made a complaint to the European Union`s anti-fraud office OLAF over allowances that Farage receives for his constituency office in Britain. The newspaper said Farage gets £15,500 ($25,900, 18,700 euros) a year to run the office in a converted grain store, citing transparency reports on the party`s website, but reported that it is provided rent-free by local supporters, while a former office manager said the premises only cost £3,000 a year to run.

Tuesday, April 15, 2014  19:27


World - Royal Bank of Scotland to pay government £1.5bn

Britain`s state-rescued Royal Bank of Scotland will pay the government £1.5 billion in a complex deal paving the way for the return of shareholder dividends. The bank has agreed to pay the Treasury the equivalent of $2.5 billion or 1.8 billion euros in a move also aimed at aiding its eventual return to the private sector, it said in a statement late on Wednesday. RBS, based in Edinburgh, remains 81-percent state-owned after it was rescued with £45.5 billion of taxpayers` cash during the global financial crisis. The collapse of RBS was a key event in problems which hit part of the British financial sector at the height of the global financial crisis, and helped stoke public anger at high pay, bonuses and other practices in the banking industry.

Thursday, April 10, 2014  10:27


Business - Sales of homes for more than $10 million increase

NEW HAVEN, Conn. (AP) Connecticut`s Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich (GREN`-ich) leading an increase in sales of homes for more than $10 million.

Wednesday, April 16, 2014  23:12


World - Tesco announces annual net profit of £974m

London (AFP) - Supermarket group Tesco on Wednesday announced a massive jump in annual net profits, but its underlying performance showed a fall.

Wednesday, April 16, 2014  08:15


World - Obama, Abe to battle negative images at U.S.-Japan summit

By Linda Sieg and David Brunnstrom TOKYO/WASHINGTON (Reuters) - When President Barack Obama meets Japanese Prime Minister Shinzo Abe at a summit next week, they will be battling negative undercurrents that could undermine their message that Asia`s most important security alliance is firm. Obama, stopping in Tokyo at the start of a four-nation Asian trip, must counter worries in Japan that his commitment to its defense in the face of an increasingly assertive China is weak. Abe will be trying to soothe U.S. concerns that his conservative push to recast Tokyo`s war record with a less apologetic tone is overshadowing his pragmatic policies on the economy and security. The two leaders will also need to demonstrate at least the prospect of progress on the economic centerpiece of what the Obama administration calls its strategic `rebalance` to Asia - a Trans-Pacific Partnership trade pact that would bring together Japan, the United States and 10 other regional economies.

Thursday, April 17, 2014  01:44

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