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Shares, euro steady but Greek worries weigh

Visitors look at monitors displaying market indices at the Tokyo Stock Exchange in TokyoLONDON (Reuters) - European shares took a breather from last week's sell-off and the single currency steadied on Monday, but investors were wary after a weekend meeting of Group of Eight leaders failed to ease concerns about the risk of Greece exiting the euro. The FTSE Eurofirst index of top European shares edged up 0.2 percent at 972.09 points after losing 5.1 percent last week to reach its lowest level in five months. ...


At least 10 killed by suicide bomb in Yemen capital

SANAA (Reuters) - At least 10 people were killed and 20 wounded in an attack by a suicide bomber on soldiers practicing for a military parade in the Yemeni capital Sanaa on Monday, a police source said. The parade was scheduled for Tuesday to mark Yemen's national day and President Abd-Rabbu Mansour Hadi was due to attend. (Reporting by Mohammed Ghobari; Writing by Isabel Coles; Editing by Louise Ireland)

U.N. nuclear chief begins talks with Iranian officials

International Atomic Energy Agency (IAEA) Director General Yukiya Amano briefs the media before his trip to Tehran at the international airport in ViennaDUBAI (Reuters) - United Nations nuclear chief Yukiya Amano started talks with senior Iranian officials on Monday, Iranian media reported, on his one-day visit to Tehran that diplomats say could lead to an agreement for further inspections of Iranian nuclear sites. Hours after his pre-dawn arrival in Tehran, Amano met the head of Iran's nuclear energy organization, Fereydoun Abbasi-Davani, ISNA news agency reported. The International Atomic Energy Agency chief is also scheduled to meet Iran's chief nuclear negotiator Saeed Jalili and Iranian foreign minister, Ali Akbar Salehi during the day. ...


US warns NKorea against another nuke test

U.S. envoy on North Korea, Glyn Davies answers reporter's questions after meeting with South Korea's chief nuclear envoy Lim Sung-nam and Lim's Japanese counterpart Shinsuke Sugiyama at the Foreign Ministry in Seoul, South Korea, Monday, May 21, 2012. The top U.S. envoy for North Korea is warning Pyongyang that any nuclear test will be met with The top U.S. envoy for North Korea is warning Pyongyang that any nuclear test will be met with "swift and sure" international punishment.


UN nuclear chief in Iran on key mission

Director General of the International Atomic Energy Agency, IAEA, Yukiya Amano from Japan and Herman Nackaerts, from left, of the IAEA the chief agency official in charge of the Iran file speak to the media before his flight to Iran at the Vienna International Airport near Schwechat, Austria, on Sunday, May 20, 2012. (AP Photo/Ronald Zak)The head of the U.N. nuclear agency arrived Monday in Tehran on a key mission that could lead to the resumption of probes by the watchdog on whether Iran has secretly worked on an atomic weapon.


Beirut clashes kill 1 amid fear of Syria spillover

A Lebanese man steps out from a destroyed building that was damaged during clashes erupted between pro- and anti-Syrian Sunni groups, in Beirut, Lebanon, Monday May 21, 2012. Gunmen fired rocket-propelled grenades and machine guns early Monday in intense street battles in the Lebanese capital, wounding and killed several people as fears mounted that the conflict in neighboring Syria was bleeding across the border. The clashes erupted hours after an anti-Syrian cleric and his bodyguard were shot dead in northern Lebanon.(AP Photo/Hussein Malla)Overnight clashes in Beirut between Sunni Muslim groups that support and oppose the regime in Damascus left one person dead and 10 wounded as fears rose further of a spillover from the Syrian conflict, Lebanese security officials said Monday.


Eclipse crosses Asia, US: Millions look skyward

The annular solar eclipse is seen as the sun sets behind the Rocky Mountains from downtown Denver late on Sunday, May 20, 2012. The annular eclipse, in which the moon passes in front of the sun, was visible across Asia as well as the southwest part of the United States. (AP Photo/David Zalubowski)From a park near Albuquerque, to the top of Japan's Mount Fuji, to the California coast the effect was dramatic: The moon nearly blotting out the sun creating a blazing "ring of fire."


Asia stocks mixed after G8 vague on Europe fix

A woman looks at an electronic stock indicator in Tokyo Monday, May 21, 2012. Bargain-hunting helped Asian stock markets edge upward Monday, but gains were limited as investors remained unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in Washington. Japan's Nikkei 225 index came off four-month lows to rise 0.3 percent at 8,636.89. (AP Photo/Shizuo Kambayashi)Bargain-hunting helped Asian stock markets edge upward Monday, but gains were limited as investors remained unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in Washington.


Chinese company to buy US movie theater chain AMC

Gerry Lopez, CEO of AMC Entertainment Holdings, center left, exchanges documents with Zhang Lin, vice president of Wanda during a signing ceremony for Dalian Wanda Group Co. to acquire AMC Entertainment Holdings in Beijing, China, Monday, May 21, 2012. The Chinese conglomerate announced Monday it will buy major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. Looking on at right is Eliot Merrill, representative of AMC shareholders. (AP Photo/Ng Han Guan)A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest corporate takeover in the United States to date.


Chinese company to buy US movie theater chain AMC

Gerry Lopez, CEO of AMC Entertainment Holdings, center left, exchanges documents with Zhang Lin, vice president of Wanda during a signing ceremony for Dalian Wanda Group Co. to acquire AMC Entertainment Holdings in Beijing, China, Monday, May 21, 2012. The Chinese conglomerate announced Monday it will buy major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. Looking on at right is Eliot Merrill, representative of AMC shareholders. (AP Photo/Ng Han Guan)A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest corporate takeover in the United States to date.


3 climbers die on Mount Everest, 2 still missing

A Nepalese mountaineering official says three climbers returning from the summit of Mount Everest have died and two more are missing.

Germany insists no eurobonds to solve debt crisis

French President Francois Hollande, left, takes his seat next to German Chancellor Angela Merkel during the opening session of the North Atlantic Council meeting at the NATO summit in Chicago, Sunday, May 20, 2012. (AP Photo/Philippe Wojazer, Pool)A German official says Berlin continues to oppose the idea of jointly-issued bonds for the eurozone, which France's new president had suggested could be used to fund economic growth.


DaVita to buy Healthcare Partners for about $4.4 billion

(Reuters) - DaVita Inc , the biggest U.S. operator of dialysis clinics, said it agreed to acquire HealthCare Partners for about $4.42 billion in a cash and stock deal. The purchase price consists of $3.66 billion in cash and about 9.38 million shares of DaVita common stock, the statement said. DaVita said it expects to fund the cash portion of the purchase price through a combination of available cash, additional borrowings and debt financing, the company said. (Reporting by Bijoy Koyitty in Bangalore; Editing by Mark Potter)

Trial of ex-P&G, Goldman board member starts in NY

FILE- In this Jan. 5, 2012 file photo, former Goldman Sachs board member Rajat Gupta, left, exits Manhattan federal court with his attorney Gary Naftalis, in New York. The insider trading trial of the former board member for Goldman Sachs and Procter & Gamble begins in New York on Monday, May 21, 2012, with jury selection. (AP Photo/Mary Altaffer, File)The July 29, 2008, phone call between two titans of Wall Street began with the old friends exchanging mild pleasantries, but then quickly turned serious and — by the government's account — criminal.


Apple,Samsung CEOs in U.S. court talks over patent row

To match Insight SAMSUNG/SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd come face to face on Monday in court-directed mediation in the United States over a dispute in which the iPhone maker claims the Korean firm has "slavishly" copied some of its products. Apple's Tim Cook and Samsung's Choi Gee-sung have been instructed by a federal judge to appear for mediation in San Francisco to help resolve the bitter patent litigation between the two firms. The U.S. ...


Defiant Australian legislator rejects brothel claims

CANBERRA (Reuters) - An Australian member of parliament accused of spending union money on prostitutes said on Monday he had been framed by union rivals and he made no mention of resigning, which would threaten the government's thin majority. The legislator, Craig Thomson, has been suspended from the ruling Labor Party over the scandal, but he continues to support Prime Minister Julia Gillard's minority government, which clings to a knife-edge one-seat majority. ...

Two killed in heavy clashes in Beirut

Residents walk near a damaged car after clashes between Sunni Muslim Future supporters and a pro-Syrian group in Tariq al-Jadideh district area in BeirutBEIRUT (Reuters) - At least two people were killed in Beirut in heavy clashes early on Monday between rival Sunni Muslim gunmen, the latest violence fuelled by tensions over the uprising in neighboring Syria. Gunmen firing rocket-propelled grenades and machineguns clashed in the Lebanese capital's Tariq al-Jadideh district in some of the fiercest battles since sectarian fighting four years ago brought Lebanon back to the brink of civil war. The violence followed the killing of two members of a political alliance opposed to Syrian President Bashar al-Assad on Sunday in the north of Lebanon. ...


Ryanair posts record annual profit of ?560 million

Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.

Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion

Employees play table tennis inside the headquarters office of Alibaba (China) Technology Co. Ltd on the outskirts of HangzhouSHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...


Prosecutors seek life for Bali bombing suspect

Prosecutors said Monday that an Indonesian militant known as the "Demolition Man" should spend the rest of his life in prison for helping to build the car bomb used in the 2002 Bali nightclub attacks.

Yahoo to sell half of its Alibaba stake for $7.1B

FILE - In this Aug. 11, 2005, file photo, a man walks past a screen displaying the Yahoo and Ali Baba.com logos before a joint news conference by the companies at the China World hotel in Beijing. Yahoo announced that it has agreed to sell half of its 40 percent stake in Chinese e-commerce company Alibaba for about $7.1 billion. The deal will see Alibaba Group buying back the stake from Yahoo Inc. for $6.3 billion cash and up to $800 million of Alibaba preference shares. (AP Photo/Elizabeth Dalziel, File)Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.


Putin to dominate new Russian government

Russia's President Putin attends the CSTO summit at the Kremlin in MoscowMOSCOW (Reuters) - Russian President Vladimir Putin will unveil a government dominated by loyalists on Monday, leaving Prime Minister Dmitry Medvedev limited scope to pursue his reform agenda and entrenching the Kremlin's grip over the economy's commanding heights. Medvedev, 46, named premier after Putin returned to the Kremlin on May 7, has pledged to launch pro-growth policies and a privatisation drive to wean Russia's $1.7 billion economy off its dependence on oil. ...


Survivor: Honduran police fired on passenger boat

Lucio Adan Nelson Quin, 22, rests while recovering in a public hospital from the wounds caused during an attack involving U.S. helicopters in a DEA-supported anti-drug crackdown by Honduras police in Las Mosquitia region, in La Ceiba, Honduras, Sunday, May 20, 2012. On Friday May 11, Lucio and more than a dozen others dove from a riverboat into the water for cover from Honduran police, who with DEA agents aboard, say they were hitting drug traffickers who fired first. Four died.(AP Photo/Rodrigo Abd)Lucio Adan Nelson dozed on a riverboat ferrying him home from a visit with his mother when helicopters appeared overhead and started shooting. He and about a dozen other passengers traveling in the middle of the night jumped into the water for cover.


Opel CEO to face heat from workers over likely plant closure

An undated handout picture shows the newly appointed CEO of Adam Opel AG, StrackeFRANKFURT, Germany (Reuters) - The head of General Motors unit Opel will face workers' concerns on Monday over reported plans to shut one of its four German plants as the automaker pulls production of the Astra, its best-selling model, from the country. Opel's Chief Executive Karl-Friedrich Stracke is due to address workers at Germany's Bochum plant, which a source close to negotiations has said is the most likely to be shut. ...


Greek leftist brings message to Europe: "Let's talk"

Head of Greece's Left Coalition party Alexis Tsipras arrives for a meeting in AthensATHENS (Reuters) - The charismatic Greek leftist who could determine the fate of the euro begins a tour of European capitals on Monday carrying a single message: it's time to talk. In an interview on the eve of his first visit abroad since his surprise rise in a May 6 election, Alexis Tsipras veered occasionally into the combative rhetoric that has seduced disaffected Greek youth and alarmed Brussels and Berlin. But he also stressed repeatedly that he wants negotiations to keep Greece in the euro. ...


Ruling party headed for 1st round win in Dominican election

A Haitian man sells flowers as he stands next to the banner of Dominican Republic Liberation Party's (PLD) presidential candidate Danilo Medina in Santo DomingoSanto Domingo (Reuters) - Early results from presidential elections in the Dominican Republic show ruling party candidate Danilo Medina headed for victory 12 years after he lost in a landslide to opposition candidate Hipolito Mejia. With almost 75 percent of votes counted, Medina and the ruling Dominican Liberation Party (PLD) held a 4 percentage point lead (51 percent - 47 percent) over Mejia, the candidate for the opposition Dominican Revolutionary Party (PRD), according to official election results. ...


AP Photos: Millions view 'ring of fire' eclipse

An annular solar eclipse appears during a break in clouds over Taipei, Taiwan, Monday, May 21, 2012. The annular eclipse, in which the moon passes in front of the sun leaving only a golden ring around its edges, was visible to wide areas across China, Japan and elsewhere in the region before moving across the Pacific to be seen in parts of the western United States. (AP Photo/Wally Santana)Millions of early risers in Asia turned their attention skyward to view a rare "ring of fire" eclipse as it crossed their skies Monday morning.


Inmates riot in Mississippi prison, one guard killed

(Reuters) - Inmates seized control of a privately owned prison in Mississippi on Sunday after riots broke out, and a guard was killed in the chaos in the low security facility, authorities said. Adams County Coroner James Lee said the 23-year-old guard died of blunt trauma to the head during the riot at the Adams County Correctional Center, a privately owned prison that houses mostly illegal immigrants for the Federal Bureau of Prisons. "This is an ongoing riot that still has not been rectified because the prisoners are in still in charge of the prison," Lee said, speaking at around 9 p.m. ...

Inmates riot in Mississippi prison, one guard killed

(Reuters) - Inmates seized control of a privately owned prison in Mississippi on Sunday after riots broke out, and a guard was killed in the chaos in the low security facility, authorities said. Adams County Coroner James Lee said the 23-year-old guard died of blunt trauma to the head during the riot at the Adams County Correctional Center, a privately owned prison that houses mostly illegal immigrants for the Federal Bureau of Prisons. "This is an ongoing riot that still has not been rectified because the prisoners are in still in charge of the prison," Lee said, speaking at around 9 p.m. ...

Oil rises near $92 ahead of key Iran nuclear talks

Oil prices rose to near $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran's nuclear program.

Analysis: China reformer sees his opportunity after Bo's fall

To match analysis CHINA-LEADERSHIP/SHANGHAI/BEIJING (Reuters) - One of China's most conspicuously reform-minded leaders has stepped back into the spotlight after the nation's biggest political convulsion in a generation, positioning himself to gain from the fall of populist politician Bo Xilai. Wang Yang, leader of Guangdong province and well known for his deft handling of recent civil unrest there, is the first of three provincial-level party bosses who stand to benefit after a murder scandal snuffed out Bo's career last month. ...


Pakistan blocks Twitter over contentious tweets

Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

Pakistan blocks Twitter over contentious tweets

Pakistan blocked the social networking website Twitter for several hours because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

APNewsBreak: 22 states join campaign finance fight

FILE - Montana Attorney General Steve Bullock is seen at an event in which he announced the start of his 2012 gubernatorial campaign on in this Sept. 7, 2011 file photo taken in Billings, Mont. Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending. Bullock argues that political corruption in the Copper King era led to the state ban on corporate campaign spending. A clarification of Citizens United is needed to make clear that states can block certain political spending in the interest of limiting corruption, he said. On Friday, May 18, 2012 Montana's case was given a boost when U.S. Sens. John McCain, R-Ariz., and Sheldon Whitehouse, D-D-R.I., signed on in support. (AP Photo/Matthew Brown, File)Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending.


APNewsBreak: 22 states join campaign finance fight

FILE - Montana Attorney General Steve Bullock is seen at an event in which he announced the start of his 2012 gubernatorial campaign on in this Sept. 7, 2011 file photo taken in Billings, Mont. Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending. Bullock argues that political corruption in the Copper King era led to the state ban on corporate campaign spending. A clarification of Citizens United is needed to make clear that states can block certain political spending in the interest of limiting corruption, he said. On Friday, May 18, 2012 Montana's case was given a boost when U.S. Sens. John McCain, R-Ariz., and Sheldon Whitehouse, D-D-R.I., signed on in support. (AP Photo/Matthew Brown, File)Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending.


Ex-Goldman director faces U.S. jury in insider case

File photo of Rajat Gupta, a former director of Goldman Sachs Group Inc., exiting Manhattan Federal Court in New YorkNEW YORK (Reuters) - Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles. On Monday in the same federal court in New York, it will be Gupta's turn to go on trial. The former Goldman Sachs Group Inc and Procter & Gamble board member is accused of leaking stock secrets to Rajaratnam, his erstwhile friend and business associate who was convicted and is now in prison. ...


Europe faces difficult search for growth

French President Francois Hollande, left, talks with German Chancellor Angela Merkel at the North Atlantic Council meeting in Chicago during the NATO 2012 Summit Sunday, May 20, 2012. French Defense Minister Jean-Yves Le Drian is at back center. (AP Photo/Christophe Ena)On paper at least, European leaders agree: They need stronger growth measures to help their economies expand out of their 2½-year-old government debt crisis. Figuring out exactly what those new steps might be will be the hard part.


Qantas to cut another 500 maintenance jobs

A grounded Qantas aircraft is seen parked at Heathrow Airport in west LondonMELBOURNE (Reuters) - Australia's top airline Qantas Airways said on Monday it is eliminating 500 jobs by merging maintenance facilities to save up to A$100 million ($98.4 million) annually, as high fuel costs and weak demand take a toll on airline profits. Qantas, which is emerging from a costly industrial dispute, said in statement it will stop heavy maintenance in Tullamarine in Melbourne and concentrate on centers in Brisbane and Avalon, resulting in the job cuts. It had, in February, flagged another 500 job cuts for the group. ...


Blind Chinese activist Chen rests in NYC

U.S. Rep. Chris Smith meets with Chen Guangcheng after arriving in New YorkNEW YORK (Reuters) - Blind Chinese activist Chen Guangcheng soaked up the sun in New York City on Sunday as his children played in a garden, a break in a day of meetings to arrange his studies at New York University. "(Chen) said he hadn't sat in the sun for many, many years," said Jerome Cohen, a China law expert and professor at New York University's law school, where Chen will study. "He wanted to go out in the garden ... his kids went out first and then he went out," Cohen, who has become a confidante of Chen's, told Reuters. ...


Tropical Storm Alberto loses strength, forecasters say

NASA satellite image of Tropical Storm AlbertoCharleston, South Carolina (Reuters) - Tropical Storm Alberto churned off the coasts of Georgia and South Carolina on Sunday, and heavy rain and dangerous surf were expected even though forecasters said it had lost strength. Bringing an early start to the Atlantic hurricane season, Alberto reached tropical storm strength on Saturday. By Sunday evening it was about 85 miles south-east of St Augustine, Florida, according to the hurricane center in Miami. ...


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