Wall St tumbles on euro-zone fears, reform woes (Reuters) Posted: 20 May 2010 02:25 PM PDT Reuters - U.S. stocks sank nearly 4 percent on Thursday on growing fears the euro zone's efforts to tackle its sovereign debt crisis will fall short, jeopardizing the global economic recovery. |
Cyclone Laila hits India, ports and oilfield shut (Reuters) Posted: 20 May 2010 09:28 AM PDT Reuters - Tropical cyclone Laila hammered India's southern coast on Thursday, affecting port operations, but it was less intense than initially feared and was far from oil and gas facilities, officials said. |
BP, accused of cover-up, says captures more oil (Reuters) Posted: 20 May 2010 05:13 PM PDT Reuters - The U.S. government on Thursday accused energy giant BP of falling short in the information it has provided about the Gulf of Mexico oil spill, in a clear sign of Washington's growing frustration with BP's handling of the spiralling environmental disaster. |
Google premieres Web television gamble (Reuters) Posted: 20 May 2010 05:04 PM PDT Reuters - Web search king Google Inc on Thursday showed off a risky attempt to marry the Web to television and reach the $70 billion TV advertising market, chasing a dream that has eluded even archrival Apple Inc. |
Artificial life? Synthetic genes 'boot up' cell (Reuters) Posted: 20 May 2010 05:13 PM PDT Reuters - Scientists working to make a synthetic life form reported a major step forward on Thursday, saying they had created an artificial genome and used it to bring a hollowed-out bacterium back to life. |
ICC corruption unit investigates Pakistan (Reuters) Posted: 20 May 2010 02:06 PM PDT Reuters - The International Cricket Council's (ICC) anti-corruption unit is examining Pakistan's dismal tour of Australia this year when they were whitewashed in the test and one-day series. |
No corruption in IPL3, says Condon (Reuters) Posted: 20 May 2010 07:53 AM PDT Reuters - Outgoing International Cricket Council Anti-Corruption chief Paul Condon said on Thursday he had no evidence to suggest there had been any corruption in the third edition of the Indian Premier League. |
Lucrative India 3G sale may help bridge fiscal gap (Reuters) Posted: 20 May 2010 04:39 AM PDT Reuters - The government's $14.6 billion haul from the 3G mobile spectrum sale could prompt a brief, sharp spike in short-term interest rates as auction winners pay up, draining cash from the banking system. |
Food price inflation inches up in early May (Reuters) Posted: 20 May 2010 12:10 AM PDT Reuters - India's food price inflation picked up for the second consecutive week in early May, but with headline inflation seen cooling and uncertainty over the impact of euro zone sovereign debt crisis, the Reserve Bank of India (RBI) is unlikely to raise rates ahead of its July policy review. |
Landis admits doping, accuses Armstrong (Reuters) Posted: 20 May 2010 02:41 PM PDT Reuters - Disgraced Tour de France winner Floyd Landis has confessed to using performance-enhancing drugs and accused some of his sport's biggest names, including Lance Armstrong, of also cheating. |
After Facebook, Pakistan shuts down YouTube (Reuters) Posted: 20 May 2010 01:29 PM PDT Reuters - Pakistan has blocked the popular video sharing website YouTube indefinitely in a bid to contain "blasphemous" material, officials said on Thursday. |
ANALYSIS - Frustrations fail to deter investors in India (Reuters) Posted: 20 May 2010 06:44 AM PDT Reuters - Who needs reforms? A year into office, the government has disappointed on hopes it would usher in a new wave of economic liberalisation. |
Uneasy peace in Thailand, uncertainties lie ahead (Reuters) Posted: 20 May 2010 06:02 AM PDT Reuters - Thai authorities restored order over most of Bangkok on Thursday but the peace looked fragile, a day after rioting and fires that veered towards anarchy as troops took control of a camp occupied by anti-government protesters. |
Authorities move to protect coast-dwellers from cyclone Laila (Reuters) Posted: 20 May 2010 08:57 AM PDT Reuters - As a strong tropical cyclone bears down on the eastern coast, authorities are stepping up efforts to minimise casualties and respond to its aftermath, aid workers say. |
Google says Android smartphones gaining momentum (Reuters) Posted: 20 May 2010 09:39 AM PDT Reuters - Google Inc said more than 100,000 smartphones running on its Android mobile operating system are now activated daily and its library of applications has grown to 50,000, underscoring rapid adoption of the devices. |
RBI braces for 3G cash outflows (Reuters) Posted: 20 May 2010 06:54 AM PDT Reuters - The Reserve Bank of India (RBI) will keep liquidity ready to support the banking system cope with huge cash outflows following the just-concluded third- generation spectrum auction, its top officials said on Thursday. |
Cyclone a minor worry for monsoon - IMD (Reuters) Posted: 20 May 2010 06:54 AM PDT Reuters - Cyclone Laila on India's east coast would be a temporary hurdle for the country's vital monsoon rains, expected to arrive on May 30, top weather forecasters said on Thursday. |
Asian moms hooked on Internet for children, selves - study (Reuters) Posted: 20 May 2010 03:42 AM PDT Reuters - The Internet is a lifeline for Asian mothers, with a survey finding two-thirds use it to shop for themselves and their children and an even bigger number going online to research purchases and talk about them. |
Govt likely to raise power tariff - minister (Reuters) Posted: 19 May 2010 11:05 PM PDT Reuters - India's Power Minister Sushil Kumar Shinde on Thursday said power tariff are likely to go up by about 1 rupee per kilo watt hour, after the government more than doubled state-set gas prices on Wednesday. |
Cash machine inventor dies in Scotland at 84 (Reuters) Posted: 20 May 2010 04:40 AM PDT Reuters - A Scotsman who came up with the idea for the world's first automatic cash machine while sitting in the bath after he was locked out of his bank has died at the age of 84. |