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Yahoo

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

Yahoo

World - Calls for Roche to cut price of breast cancer drugs


Pharmaceutical giant Roche was on Wednesday urged to cut the cost of a groundbreaking breast cancer drug that the NHS is set to phase out in 2016. NHS watchdog NICE recommended that the use of trastuzumab emtansine be stopped due to its £90,000 cost, even though it can add months of life to women dying of breast cancer. It is currently available in England under the Cancer Drugs Fund, but this will end in 2016. The drug, which attacks cancerous cells from within thus avoiding many of the side effects of chemotherapy, could potentially help a fifth of breast cancer sufferers.


Wednesday, April 23, 2014  04:17

Yahoo

World - Arsenal have `oil in the engine`, Wenger says


Kingston upon Hull (United Kingdom) (AFP) - Arsenal manager Arsene Wenger hopes the returns of key midfielders Mesut Ozil and Aaron Ramsey will help his side secure their place in the Premier League`s top four. Ozil, the club`s £42.5 million ($70.7 million, 51.6 million euros) record signing, returned to action after missing seven matches with a hamstring injury as Arsenal won 3-0 at Hull City on Sunday. The German was overshadowed, however, by Ramsey, who had a hand in all three goals as Arsenal recorded a victory that kept them in front of Everton in the tussle for the final Champions League place.


Monday, April 21, 2014  03:33

Yahoo

World - UK and US working on tougher possible sanctions for Russia


British Prime Minister David Cameron on Thursday pledged an extra £1 million for a monitoring mission to Ukraine and agreed to work with US President Barack Obama on beefing up potential sanctions against Russia. The two leaders talked by telephone following high-level talks in Geneva aimed at de-escalating tensions in Ukraine. The Contact Group meeting, attended by Russian Foreign Minister Sergei Lavrov, Ukraine Foreign Minister Andriy Deshchytsia, US Secretary of State John Kerry and EU foreign policy chief Catherine Ashton, resulted in agreement that all illegal military formations in Ukraine be dissolved.


Friday, April 18, 2014  00:29

Yahoo

World - Ozil in line for Arsenal return, says Wenger


Arsenal`s record signing Mesut Ozil could make his return from a hamstring injury at Hull City this weekend, manager Arsene Wenger revealed on Thursday. `I think (Kieran) Gibbs will be out for the weekend but (Nacho) Monreal is possibly available and Ozil could be available to travel as well,` Wenger told a press conference. Germany international Ozil has not played since going off at half-time of his side`s 1-1 draw at Bayern Munich in the Champions League last 16 on March 11. The 25-year-old has had a fitful first campaign in England since arriving from Real Madrid in a £42.5 million ($70.7 million, 51.6 million euros) deal last September, but Wenger believes that he will come good next season.


Thursday, April 17, 2014  14:28

Yahoo

World - Burberry bags rising quarterly sales


British fashion group Burberry on Wednesday reported a rise in second-quarter sales, boosted by its online division, but cautioned that currency fluctuations would hit profits this year. Revenues at the luxury retailer rallied 19 percent to £1.3 billion ($2.2 billion, 1.6 billion euros) in the six months to the end of March, compared with the same part of the prior financial year, Burberry said in a trading update. `We are pleased with our second half performance ... underpinned by the planned increase in investment in offline and online retail, innovative customer service and marketing,` said chief executive Angela Ahrendts. Burberry had already warned in January that it would be hampered by the strong pound, which costs the group more to convert other currencies back into sterling.


Wednesday, April 16, 2014  17:09

CNN

Asia - Growing Libya`s new nation


CNN`s Christiane Amanpour speaks with Libyan Prime Minister Ali Zeidan.


Wednesday, April 23, 2014  03:17

Yahoo

World - Algeria`s Bouteflika wins 4th presidential term


Abdelaziz Bouteflika, whose poor health forced him to vote from a wheelchair in Algeria`s presidential election, has won a fourth term with 81.53 percent of the votes, the interior minister announced Friday. The 77-year-old incumbent`s main rival, Ali Benflis, received 12.18 percent in an election which saw 51.78 percent of Algerians cast their ballots, Tayeb Belaiz told a news conference. The youngest candidate, Abdelaziz Belaid, came third with 3.03 percent of the vote, followed by the only female candidate Louisa Hanoune, who mustered 1.37 percent. The two other candidates, Ali Fawzi Rebaine and Moussa Touati both won less than one percent.


Friday, April 18, 2014  17:35

Yahoo

World - Row over plan to merge Asia`s top posts


Prince Ali bin Al Hussein has savaged plans to hand his current role as FIFA vice-president to Asia`s football boss in a row which threatens to plunge regional soccer into a fresh round of infighting. In an open letter, the Jordanian royal `strongly opposed` the proposal backed by Asian Football Confederation (AFC) president Shaikh Salman bin Ebrahim Al Khalifa, which will be put to the vote in June. `I stand firm by my conviction that all sport... should be free from politics and completely devoid of politicos and self-interest individuals and groups that exploit the sport and all its stakeholders for their own personal gains,` Prince Ali wrote. Four of football`s six global confederations combine the role of regional president and FIFA vice-president, with the AFC and South America`s CONMEBOL the two exceptions.


Thursday, April 17, 2014  19:22

Yahoo

World - Israel must take on Palestinian governance if talks fail: Abbas


By Ali Sawafta RAMALLAH, West Bank (Reuters) - Palestinian president Mahmoud Abbas told a group of Israeli journalists on Tuesday that if peace talks do not continue, Israel will have to take on the burden of governing Palestinian lands. Though Abbas has repeatedly hinted that he could devolve some of the limited powers his Palestinian Authority exercises in the Israeli-occupied West Bank, his statement added urgency to a U.S. effort to extend negotiations set to expire next week. `Also it will bear responsibility for security, meaning Israel will bear full responsibility ... We hope that we won`t come to this period but that we come to solutions,` he said. U.S. Secretary of State John Kerry revived the peace talks in July after a nearly three-year hiatus, with the aim of ending a decades-old conflict and establishing a Palestinian state alongside Israel.


Tuesday, April 22, 2014  18:36

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