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World - Eight convicted of fleecing French billionaire L`Oreal heiress

A French court on Thursday convicted eight members of L`Oreal heiress Liliane Bettencourt`s entourage of exploiting the frail billionaire, with one ordered to repay her 158 million euros ($170 million). Bettencourt`s close confidant Francois-Marie Banier, a 67-year-old photographer who is godfather to actor Johnny Depp`s daughter, was sentenced to three years in prison, six months of which were suspended. Two men charged with overseeing Bettencourt`s vast fortune, Patrice de Maistre and his successor Pascal Wilhelm, were both sentenced to 30 months in prison, 12 of which were suspended, and fines of 250,000 euros.

Thursday, May 28, 2015  18:52


World - First Pacific hurricane forecast for Friday

Friday is expected to see the first hurricane of the Eastern Pacific storm season, US meteorologists warned, heralding the start of a turbulent six-month period. Tropical Storm Andres, which formed off the Mexican coast in the early morning hours Thursday, was located about 690 miles (1,110 kilometers) southwest of Manzanillo at 10:00 am (1500 GMT), according to the US National Hurricane Center. The Pacific hurricane season began on May 15 and runs through November 30.

Thursday, May 28, 2015  17:58


World - Egyptian court clears state security officer of killing detainee

An Egyptian court on Thursday acquitted a state security officer who had been convicted of torturing to death an Islamist detainee, state media said, in a case that has fueled anger over police brutality in the weeks before the 2011 uprising. Mohamed Abdel Rahman al-Shemi had been sentenced to 15 years in prison, but Egypt`s highest civil court overturned the conviction and ordered a retrial in which he was cleared, state news agency MENA said. Egypt`s police force, widely accused by human rights groups of abuses during Hosni Mubarak`s 30-year rule, has made a strong comeback since he was toppled in 2011.

Thursday, May 28, 2015  17:39


World - Top US negotiator with Iran `to leave after talks end`

The `tenacious` top US negotiator in talks with Iran on curtailing its nuclear program will leave her post after a June 30 deadline for an agreement, a senior State Department official said Thursday. Secretary of State John Kerry was effusive in his praise of Wendy Sherman, 65, describing her as `indefatigable, tough and creative` and saying she had played a central role in reining in Tehran`s nuclear ambitions. Sherman will leave the post of undersecretary of state for policy when the Iran talks are completed, the senior State Department official told AFP.

Thursday, May 28, 2015  15:51


World - Iran foreign minister says nuclear deal possible by June 30

ATHENS, Greece (AP) — Iran`s foreign minister is holding out hope that a `sustainable, mutually respectful` deal can be struck with world powers in talks over his country`s nuclear program before the current deadline of June 30.

Thursday, May 28, 2015  12:12


World - Top US negotiator with Iran `to leave after June 30 deadline`

The top US negotiator in talks with Iran on curtailing its nuclear program will leave her post after a June 30 deadline for an agreement, according to The New York Times. Wendy Sherman, 65, broke the news to staffers on Wednesday then left on her latest trip for talks with Iran in Switzerland, the paper said. `It`s been two long years,` the Times quoted Sherman as saying.

Thursday, May 28, 2015  15:14


World - Iran`s Zarif hopes for a nuclear deal within a `reasonable period of time`

ATHENS (Reuters) - Iranian Foreign Minister Mohammad Javad Zarif said on Thursday he was hopeful Iran and world powers would reach a final conclusion on a nuclear deal `within a reasonable period of time`. Iran, the United States, Britain, France, Germany, Russia and China reached a tentative framework for a nuclear deal on April 2 but several issues remain unresolved. They have a self-imposed June 30 deadline to arrive at a comprehensive agreement. ...

Thursday, May 28, 2015  11:35


Top Stories - Georgia man pleads guilty to seeking to join Islamic State

During his 30-minute plea hearing, Davis told a judge he bought a one-way ticket to fly from Atlanta to Turkey last October.

Thursday, May 28, 2015  10:39


World - Two Saudi border guards die in Yemen shelling

Two Saudi border guards have been killed and five others wounded by shellfire on the frontier with Yemen, official media reported. The deaths occurred when `military missiles from Yemen` struck their position at Zahran South in the Asir border region on Wednesday, Riyadh`s interior ministry said in a statement carried by the official Saudi Press Agency. The two dead guards bring to at least 30 the number of people, military and civilian, killed in the Saudi border area since a Riyadh-led coalition began air strikes against Iran-backed Shiite Huthi rebels in Yemen in late March.

Thursday, May 28, 2015  09:07


Business - OPEC sees rivals boosting oil output despite weak prices

The North American oil boom is proving resilient despite low oil prices, producer group OPEC said in its biggest and most detailed report this year, suggesting the global oil glut could persist for another two years. A draft report of OPEC`s long-term strategy, seen by Reuters ahead of the cartel`s policy meeting in Vienna next week, forecast crude supply from rival non-OPEC producers would grow at least until 2017. Sluggish global demand for oil means the call on OPEC`s crude will fall from 30 million barrels per day (bpd) in 2014 to 28.2 million in 2017, effectively leaving the group with two options - cut output from current levels of 31 million bpd or be prepared to tolerate depressed oil prices for much longer.

Thursday, May 28, 2015  07:18

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