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Europe - Break in Fighting Lets International Team Reach Site of Ukraine Crash

Ukrainian officials said they had suspended offensive operations against pro-Russia rebels to allow the monitors to reach the site safely.

Friday, August 01, 2014  01:53


World - Greece evacuates embassy staff, foreign nationals from Libya

Greece safely evacuated embassy staff and more than one hundred Chinese and European nationals from Libya early on Friday with a navy frigate sailing back to the Greek port of Piraeus, its defence ministry said. Athens had sent a frigate and two other vessels to Libya to evacuate workers at its embassy in Tripoli on Thursday. The past two weeks of fighting between rival militias in Libya have been the worst since the civil war that ousted Muammar Gaddafi in 2011, prompting Western governments to follow the United States and the United Nations in pulling their diplomats out of the North African country. Frigate Salamis with 77 Greeks, including embassy staff, 78 Chinese, 12 Cypriot, 10 British and seven Belgian nationals on board, was expected to reach Piraeus port early on Saturday, the defence ministry said.

Friday, August 01, 2014  09:02


Sports - Seahawks running back Lynch ends his holdout

(Reuters) - The Super Bowl champion Seattle Seahawks were given a welcome boost on Thursday when running back Marshawn Lynch ended a one-week holdout by reporting for camp at the team`s practice facility. Lynch, Seattle`s leading rusher for the past three seasons, arrived after the team`s morning practice and television cameras showed him wearing a hooded `Beast Mode` sweatshirt and a woollen cap. The 28-year-old, a Pro Bowl selection in 2008, 2011, 2012 and 2013, was seen in the lobby of the practice facility and the Seahawks later tweeted: `#BeastMode is in the building.` Lynch signed a four-year, $30 million contract with the Seahawks in 2012 and is scheduled to earn $5.5 million in 2014. Before Lynch can be added to Seattle`s active roster, he will need to pass a physical.

Friday, August 01, 2014  02:33


Business - SEC launched extensive probe to identify sources in Reuters stories

By Paritosh Bansal and Jason Lange NEW YORK/WASHINGTON (Reuters) - A U.S. Securities and Exchange Commission watchdog conducted an extensive, months-long investigation to find out who had leaked information that appeared in two Reuters stories published last autumn, but it was unable to identify the sources, according to a report of the probe seen by Reuters on Thursday. The SEC`s Office of Inspector General (OIG) started the investigation after Reuters published information about the regulator`s decision, taken in a closed-door meeting on September 12, 2013, to settle its probe into JPMorgan Chase & Co`s massive London Whale trading loss. The investigation started after Reuters reported on Sept. 17, 2013 that the regulator had approved its portion of a $700 million civil settlement with JPMorgan in a split vote. The SEC made its decision public on Sept. 19, 2013.

Friday, August 01, 2014  01:40


Europe - 80 Bodies may still be at MH17 site

European monitors reached the Malaysia Airlines Flight 17 crash site on Thursday for the first time in almost a week, the OSCE mission said.

Friday, August 01, 2014  10:09


World - Separatists kill 10 troops in attack in east Ukraine

Pro-Russian separatists killed at least 10 Ukrainian paratroopers in an overnight ambush in the region of east Ukraine where a Malaysian airliner was brought down, government forces said on Friday. The rebels said they had `captured good trophies` and pushed back government forces around the town of Shakhtarsk, where Kiev said a paratrooper unit moving from one base to another had come under mortar and tank fire. Shakhtarsk is close to the rolling fields where Malaysia Airlines flight MH17 came down on July 17, killing 298 people, and fighting has raged around it for several days as the Ukrainian army tries to quell the separatist rebellion. `Our troops were ambushed,` Kiev`s `anti-terrorist operation` said in a Facebook statement.

Friday, August 01, 2014  09:56


World - Ukrainian troops suffer heavy loss in ambush

KIEV, Ukraine (AP) — Ukrainian authorities say at least 10 government troops have been killed in an ambush by pro-Russian separatist rebels in an area near the crash site of Malaysia Airlines Flight 17.

Friday, August 01, 2014  08:48


World - Separatists inflict new losses on army in east Ukraine

KIEV (Reuters) - Ukrainian television said on Friday 20 servicemen had been killed in an attack by pro-Russian separatists in east Ukraine during the night, but a military source said the death toll was likely to be lower. Military officials said a paratrooper unit had come under mortar and tank fire near the town of Shakhtarsk, in the region where a Malaysian airliner was brought down on July 17, and the number of casualties was being checked. Channel 112 gave no details but said in a morning news bulletin: `Twenty Ukrainian paratroopers were killed in a Grad missile attack near Shakhtarsk. ...

Friday, August 01, 2014  07:55


Business - U.S. auto sales party seen increasingly dependent on easy money

By Bernie Woodall, Ben Klayman and Paul Lienert DETROIT (Reuters) - The U.S. auto industry hasn`t appeared so healthy for years. They argue that a combination of cheap loans with extended terms, deep incentives from some dealers, and unsustainably high values for used cars, is making it far too easy for many Americans to buy new vehicles. Among those seeing a glass half empty is Morgan Stanley auto analyst Adam Jonas who says we may be heading towards what he terms “peak auto.” Jonas, one of the industry`s top analysts based on Institutional Investor`s 2013 annual rankings, says that cheap and extended loan terms and inflated residual values on leases are making it far too easy for many Americans to buy new vehicles. We`re in uncharted territory right now.” When figures for July auto sales are released on Friday, growth is expected to show a slight dip to a 16.7 million annualized rate from 17 million in June, according to economists polled by Thomson Reuters.

Friday, August 01, 2014  06:20


World - Heavy Gaza fighting ahead of proposed 3-day truce

GAZA CITY, Gaza Strip (AP) — Palestinian officials say 17 Palestinians, including 10 members of one family, were killed in Israeli strikes ahead of a planned three-day cease-fire in the Gaza war.

Friday, August 01, 2014  05:27

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