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World - Tribute campaign for 1.1 mn Commonwealth WWI dead

The Royal British Legion on Monday launched a campaign for each of the 1,117,077 Commonwealth troops killed in World War I to be individually remembered a century on. `Every Man Remembered will help us make a real connection to those who died 100 years ago,` said Stephen Clarke, head of remembrance at the Legion. It is being run in partnership with the Commonwealth War Graves Commission, which looks after the graves of those killed in World Wars I and II.

Monday, July 28, 2014  16:47


World - Bolivian president seeks votes in the bedroom

LA PAZ, Bolivia (AP) As night falls and Bolivian couples slip between the sheets, pillow talk turns, naturally, to economic policy.

Monday, July 28, 2014  18:20


Business - Lloyds Bank fined $370 million for rigging Libor interest rates

By Matt Scuffham and Huw Jones LONDON/WASHINGTON (Reuters) - Britain`s Lloyds Banking Group has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme. The penalties for Lloyds comprise a 105 million pound ($178 million) fine by Britain`s Financial Conduct Authority (FCA), $105 million by the U.S. Commodity Futures Trading Commission and a $86 million fine by the U.S. Department of Justice. The FCA said there had been routine manipulation of sterling Libor submissions to benefit money market trading positions between September 2006 and June 2009. To avoid negative media comment and market perceptions of its financial strength, Bank of Scotland, which Lloyds later acquired, manipulated Libor submissions as a result of at least two management directives in September and October 2008, the FCA said.

Monday, July 28, 2014  15:26


World - EU economic sanctions on Russia likely to be adopted next week

Proposed European Union sanctions on sectors of the Russian economy will not be adopted before next week, the European Commission said on Thursday. EU ambassadors were discussing Commission proposals to restrict Russian access to EU finance and defense and energy technology on Thursday. As and when the member states have decided ... how they want to proceed and exactly what they want to do, then at that stage the Commission ... will present legislative proposals,` Commission spokesman Jonathan Todd told reporters. `Those legislative proposals would then have to be adopted by the appropriate procedures, by the member states, normally next week,` he added.

Thursday, July 24, 2014  11:48


Sports - L.A. judge to rule Monday on $2 billion NBA Clippers sale

LOS ANGELES (Reuters) - Los Angeles Superior Court judge Michael Levanas said he will rule Monday afternoon on whether club owner Donald Sterling can halt the $2 billion sale of the NBA`s Los Angeles Clippers. Sterling`s estranged wife, Shelly Sterling, has asked Levanas to confirm her having the authority to sell the team to former Microsoft CEO Steve Ballmer in the wake of racist remarks that Donald Sterling made. (Reporting by Eric Kelsey; Writing by Mary Milliken; Editing by Meredith Mazzilli)

Monday, July 28, 2014  20:33


Asia-Pacific - Afghanistan election audit suspended

Afghanistan`s election commission suspends an audit of votes from June`s hotly-disputed presidential run-off because of a `misunderstanding`.

Monday, July 28, 2014  03:29


World - Beijing shuts big coal-fired power plant to ease smog: Xinhua

Beijing has closed the first of four large coal-fired power plants set to be de-commissioned as part of the city`s efforts to cut air pollution, official news agency Xinhua reported on Wednesday, citing the local planning agency. Xinhua said the authorities had shut down the Gaojing Thermal Power Plant`s six 100 megawatt generating units. The plant is owned by the China Datang Corporation, one of China`s big five state power firms. In the face of growing public anger about persistent smog in the Chinese capital, the government has been under intense pressure to cut coal use and relocate industry.

Wednesday, July 23, 2014  13:08


World - Probe finds hardline Islam school plot in Birmingham

A British government-commissioned report found evidence on Tuesday of a coordinated effort to Islamise state-run schools in the city of Birmingham by taking control of their governing bodies. The investigation into allegations of a hardline Muslim `plot` at state-run schools said people in positions of influence had either supported or failed to challenge efforts to introduce `aggressive` Islam. Education Secretary Nicky Morgan told lawmakers the report by former police counter-terrorism chief Peter Clarke was `disturbing` and announced measures to regulate more closely who was involved in running schools. `There has been co-ordinated, deliberate and sustained action, carried out by a number of associated individuals, to introduce an intolerant and aggressive Islamic ethos into a few schools in Birmingham,` Clarke`s report said.

Tuesday, July 22, 2014  16:32


America - VIDEO: `Giant bolt` hits LA beach goers

Lighting struck people on Venice Beach in Los Angeles, some were treated at scene.

Monday, July 28, 2014  09:14


World - Rosario Murillo: Nicaragua`s `first comrade`

MANAGUA, Nicaragua (AP) In Nicaragua, where Marxist dogma has given way to a free market economy, the red-and-black flags of the Sandinista revolution have been supplanted by the pink and baby blue colors favored by the country`s first lady, `la companera` Rosario Murillo.

Monday, July 28, 2014  05:16

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