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Sports - Prosecutors to open murder case against ex-NFL player Aaron Hernandez

By Scott Malone and Daniel Lovering FALL RIVER, Mass. (Reuters) - Opening statements are set for Thursday in the first murder trial facing former New England Patriots player Aaron Hernandez this year, when Massachusetts prosecutors will seek to prove he fatally shot a semi-professional football player in 2013. Hernandez, 25, was a rising star in the National Football League with a $41 million contract when he was arrested in June 2013 and charged with the execution-style killing of acquaintance Odin Lloyd near his North Attleborough, Massachusetts, home in June 2013. The Patriots, who face the Seattle Seahawks in the Super Bowl on Sunday, cut Hernandez hours after his arrest. Hernandez, who has pleaded not guilty to all three killings, will be tried at Fall River Superior Court in Fall River, Massachusetts, in a trial expected to last six to 10 weeks.

Thursday, January 29, 2015  12:28


Business - Banks to increase base salaries by under three percent in 2015: survey

Global banks expect to increase base salaries by less than 3 percent this year and most are not planning to overhaul their pay structure in the face of tougher European Union rules on bonuses, a survey reported on Thursday. Salary increases across banks, insurers and other financial services firms are expected to be between 5-8 percent in emerging markets, 2-3 percent in North America and 1.5-2 percent in Europe, according to a survey of 63 firms by consulting firm Mercer. The survey showed 40 percent of banks had last year introduced role-based allowances (typically 12 monthly payments that are set at the start of the year but not counted as basic pay by banks) in response to a new European Union law capping bonuses at 200 percent of salary, and an additional 10 percent were planning to introduce them. The European Banking Authority (EBA) said in October the role-based allowances counted as variable pay, so banks needed to adapt rules again, but Mercer said its survey showed very few firms were planning to eliminate them.

Thursday, January 29, 2015  10:58


World - Nokia turns to fourth quarter profit buoyed by strong growth

HELSINKI (AP) ó After selling its ailing handset unit, Nokia has turned a fourth-quarter net profit of 443 million euros ($502 million) with sales increasing nearly 10 percent, partly buoyed by strong growth in North America.

Thursday, January 29, 2015  07:41


World - N. Korea demanded $10 billion for summit: ex-Seoul leader

SEOUL, South Korea (AP) ó A former South Korean president says that late North Korean leader Kim Jong Il repeatedly pushed for summit talks with him. But he says the plans failed because Pyongyang demanded $10 billion and large-scale shipments of food and fertilizer.

Thursday, January 29, 2015  06:48


NBA - Kevin Martin, Wolves snap 10-game home losing streak

Martin scored 21 in his return as the Wolves bested the Celtics, 110-98.

Thursday, January 29, 2015  05:36


America - World Briefing: Brazil: Drastic Water Rationing May Be Put in Place in S„o Paulo

The worst drought to hit S„o Paulo, Brazil`s biggest city, in decades may leave many residents with water service only two days a week.

Thursday, January 29, 2015  04:06


Asia-Pacific - Surabaya Journal: After Crash of AirAsia Flight, Old Port City Has Sad New Role

Relatives hoping for news of victims on Flight 8501 continue to turn up in Surabaya, the origin of the flight, as search operations wind down.

Thursday, January 29, 2015  03:30


World - North Korea `demanded $10 billion in cash and food` for summit with South

By Ju-min Park SEOUL (Reuters) - North Korea demanded $10 billion in cash and half a million tons of food in 2009 as a precondition of holding a summit with the South, former South Korean president Lee Myung-bak said, adding that he refused to pay anything for holding talks. A predecessor, Kim Dae-jung, held the first summit with North Korean leader Kim Jong Il in 2000 and was credited with bringing in a period of warming ties, an achievement that was tarnished later by a revelation that he helped channel $500 million to the North. Lee, president from 2008 to 2013, said in a book to be published next week that he rejected the North`s terms. `The document looked like some sort of standardized `summit bill` with its list of assistance we had to provide and the schedule written up,` Lee said.

Thursday, January 29, 2015  03:48


Asia-Pacific - Surabaya Journal: After Air Crash, Old Port City Has Sad New Role

Relatives hoping for news of victims of the crash of Flight 8501 continue to turn up in Surabaya, the origin of the flight, as search operations wind down.

Thursday, January 29, 2015  02:20

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