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Africa - Paul Giamatti, a Baseball Commissioner`s Son, Makes His Own Calls

Mr. Giamatti, star of the new baseball film “The Phenom,” isn`t much of a sports fan. But don`t get him started on Bob Stanley of the Red Sox.

Sunday, June 26, 2016  23:13


World - Britain needs to leave EU at start of 2019: Conservative lawmaker

LONDON (Reuters) - Britain needs to decide its position, start talks and aim to leave the European Union at the beginning of 2019, leading Brexit campaigner and Conservative lawmaker Liam Fox said on Sunday. `So for me what we want to be doing is seeing a process that means we can leave the European Union on the first of January, 2019. That seems to me like a reasonable timetable,` Fox told BBC television. (Reporting by Elizabeth Piper, editing by Estelle Shirbon)

Sunday, June 26, 2016  11:30


Business - Wal-Mart rips up China online strategy, starts again with stake in Alibaba rival

By Lauren Hirsch and Adam Jourdan NEW YORK/SHANGHAI (Reuters) - Wal-Mart Stores Inc has sold its Chinese online grocery store in return for a stake in the country`s no. 2 e-commerce firm, ripping up its previous strategy in efforts to cure ailing sales in one of the world`s toughest retail markets. The deal will see the U.S. grocery giant swap its Yihaodian platform for a 5 percent stake in Inc, worth about $1.5 billion by the firm`s latest market value. The move also gives Wal-Mart a ringside seat in`s bitter rivalry with Chinese e-commerce leader Alibaba Group Holding Ltd. The sell-off, announced on Monday, is a significant shift for Wal-Mart in China, where it operates more than 400 bricks-and-mortar stores.

Tuesday, June 21, 2016  08:34


Business - Wal-Mart to sell China online unit to for a 5 percent stake

Wal-Mart Stores Inc said on Monday it plans to sell its Chinese e-commerce business Yihaodian to Chinese online retailer Inc for a 5 percent equity stake in, a strategic alliance that aims to expand WalMart`s reach in China to more customers. Under the deal, will issue about 145 million new class A shares to Wal-Mart, worth about $1.5 billion at`s current valuation. Shares of Wal-Mart rose 26 cents, or 0.4 percent, to $71.21 in afternoon New York Stock Exchange trading.

Monday, June 20, 2016  21:22


Business - Wal-Mart in talks to sell China e-commerce unit to WSJ

(Reuters) - Wal-Mart Stores Inc is in talks to sell its Chinese e-commerce business, Yihaodian, to Inc, the Wall Street Journal reported, citing people familiar with the situation. The exact terms of the proposed deal are unclear and discussions remain fluid, but one of the people said it could include a broader partnership between Wal-Mart and, according to the report. ( Wal-Mart took full ownership of Yihaodian, a smaller rival to Alibaba Group Holding Ltd and, last July to boost its presence in China`s fast-growing online market. JD. ...

Monday, June 20, 2016  13:44


Sports - Golf-U.S. Open confusion over possible penalty on leader Johnson

(Refiles to add title and name of rules offical) OAKMONT, Pennsylvania, June 19 (Reuters) - The final round of the U.S. Open was thrown into an almost farcical state of confusion on Sunday over whether back-nine leader Dustin Johnson would or would not be hit with a one-shot penalty for making his ball move early in his round. Johnson was leading the championship by one stroke when he was informed on the 12th tee by a U.S. Golf Association (USGA) official that he might be penalised after the round despite being cleared on the spot of the possible infraction on the fifth green at Oakmont. `After looking at the video, we have some concerns,` Jeff Hall, the USGA`s managing director of rules and competitions, explained to FOX TV.

Monday, June 20, 2016  00:57


World - Trump hails Brexit vote on visit to Scotland

Donald Trump hailed Britain`s vote to leave the EU as `fantastic` shortly after arriving in Scotland on Friday for his first international trip since becoming the presumptive Republican presidential nominee. Ahead of his visit, Trump had told Fox News that he felt Britain should `go it alone` and leave the 28-member EU in a move that could shape the continent. Trump swooped down by helicopter into his Trump Turnberry golf course, where a large Scottish flag flew in front of the picturesque seafront, as protesters gathered nearby.

Friday, June 24, 2016  10:05


World - Leave campaigner Farage says PM Cameron should stand down

LONDON (Reuters) - Nigel Farage, the leader of Britain`s anti-EU UK Independence Party, said Prime Minister David Cameron had to step down after his campaign for Britain to stay in the European Union was defeated. `I think we need to have a Brexit Prime Minister,` Farage told ITV News. `It`s not acceptable, I don`t think, for the serving backbenchers, for this man to stay on.` The next Prime Minister should be one of the prominent Conservative `Leave` campaigners, he added. `That competition could be between Michael Gove, Boris Johnson, Liam Fox, I don`t know,` he said. ...

Friday, June 24, 2016  07:02


World - Brazil police arrest former minister Paulo Bernardo: media

BRASILIA (Reuters) - Brazil police arrested former minister Paulo Bernardo and raided Workers Party headquarters in Sao Paulo on Thursday in the latest stage of its massive probe into corruption at state-run companies, Globo TV and O Estado de S.Paulo newspaper said. Bernardo was planning minister and communications minister during Workers Party administrations for about 10 years. Police also carried out searches at the house of his wife, Senator Gleisi Hoffmann, Globo TV said. ...

Thursday, June 23, 2016  11:46


World - Trump: Britain should `go it alone` and exit EU

`I don`t think anybody should listen to me because I haven`t really focused on it very much,` the provocative billionaire told Fox News on the eve of a historic referendum that could see Britain become the first nation in EU history to defect from the bloc. Trump, the presumptive Republican presidential nominee, has run a populist campaign attracting voters who are fed up with Washington and the political status quo. Trump has scheduled a trip to Scotland to attend the ceremonial re-opening of his golf course at Turnberry on Friday, the same day the Brexit results are expected.

Wednesday, June 22, 2016  16:39

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