U.N. council hits defiant Iran with new sanctions (Reuters) Posted: 09 Jun 2010 04:55 PM PDT Reuters - The U.N. Security Council imposed a fourth round of sanctions in as many years on a defiant Iran on Wednesday over a nuclear program the West suspects is aimed at developing atomic weapons. |
INTERVIEW - Bharti keeps open mind over Africa strategy (Reuters) Posted: 09 Jun 2010 09:18 AM PDT Reuters - Bharti Airtel does not plan to simply replicate in Africa the low-cost strategy that made it market leader in India, a top official said a day after the firm completed a $9 billion deal in the continent. |
Govt set to decide against using army in Maoist war (Reuters) Posted: 09 Jun 2010 04:47 AM PDT Reuters - The government will this week decide whether to call in the military to help fight a growing Maoist insurgency, but strong opposition from states means involvement of the armed forces is unlikely, officials said on Wednesday. |
Ferrari sign up Massa for two more years (Reuters) Posted: 09 Jun 2010 05:51 AM PDT Reuters - Brazilian Felipe Massa cemented his return from life-threatening injuries by announcing a contract extension on Wednesday that will keep him at Formula One glamour team Ferrari until the end of 2012. |
FACTBOX - Impact of govt policy on energy firms (Reuters) Posted: 09 Jun 2010 07:05 AM PDT Reuters - The government has said it would again seek to reach agreement on a controversial increase in fuel prices to help improve its fiscal position, despite opposition to subsidy cuts from coalition allies. |
Strike at Hyundai Chennai plant ends, work resumes (Reuters) Posted: 09 Jun 2010 07:53 AM PDT Reuters - A three-day strike at Hyundai Motor's Chennai plant ended on Wednesday and normal production resumed after an agreement between the car maker and striking workers, a spokesman for the local unit said. |
Iran says sanctions like "flies", won't halt atom work (Reuters) Posted: 09 Jun 2010 04:00 PM PDT Reuters - Iran described new U.N. sanctions as a "used handkerchief that should be thrown into the waste bin" and said it would continue uranium enrichment that world powers suspect may be aimed at developing nuclear weapons. |
U.S. author Kingsolver wins Orange Prize for women (Reuters) Posted: 09 Jun 2010 12:00 PM PDT Reuters - U.S. author Barbara Kingsolver won the Orange Prize for Fiction on Wednesday for "The Lacuna", chosen from a shortlist of books by six female writers that included Booker Prize winner "Wolf Hall" by Hilary Mantel. |
Fuel reform at mercy of rain and politics (Reuters) Posted: 09 Jun 2010 02:43 AM PDT Reuters - The government is hoping monsoon rains will soon give it the political cover it needs to start cutting costly fuel subsidies, but reforms will have to proceed slowly to keep reluctant coalition allies on board. |
Record May car sales for India; demand seen solid (Reuters) Posted: 09 Jun 2010 02:24 AM PDT Reuters - Car sales in India posted their best May ever, rising by almost a third from a year ago, an industry body said on Wednesday, as rising incomes and a rapidly expanding economy offset the impact of price increases. |
BP shares tumble as U.S. probes oil spill (Reuters) Posted: 09 Jun 2010 08:40 AM PDT Reuters - British energy giant BP Plc's stock price tumbled on Wednesday as it faced more U.S. government and congressional scrutiny over its handling of the massive Gulf of Mexico oil spill. |
Q+A - How vital are regional parties in Indian politics? (Reuters) Posted: 09 Jun 2010 02:16 AM PDT Reuters - Smaller regional allies which give stability to India's ruling coalition are forcing a delay in cutting costly fuel subsidies, underscoring the political difficulties they can pose to the government's reform agenda. |
Stake sales in 35 companies in next 5 years: min (Reuters) Posted: 09 Jun 2010 03:18 AM PDT Reuters - India will sell shares in 35 state-run companies over the next five year, the junior minister for heavy industries and public enterprises said on Wednesday. |
Govt to try again to push fuel price reform (Reuters) Posted: 08 Jun 2010 07:59 PM PDT Reuters - The government said on Tuesday it would seek again to reach agreement on a controversial increase in fuel prices to help improve its fiscal position, despite opposition to subsidy cuts from a key coalition ally. |
Warren Buffett lunch bid reaches $200,100 (Reuters) Posted: 08 Jun 2010 08:45 PM PDT Reuters - The top bid in an annual online auction to dine on steak with billionaire investor Warren Buffett has reached $200,100. |
NBA - Fisher hooks Celtics to give Lakers 2-1 lead (Reuters) Posted: 08 Jun 2010 11:29 PM PDT Reuters - The Los Angeles Lakers stunned the Boston Celtics 91-84 on Tuesday to take a 2-1 lead in the NBA Finals and snatch back homecourt advantage in the best-of-seven series between the league's fiercest rivals. |
Gulf spill in Washington spotlight (Reuters) Posted: 09 Jun 2010 12:01 AM PDT Reuters - Energy giant BP Plc was forging ahead with efforts to capture oil gushing from its stricken Gulf of Mexico well as the spill remained high on Washington's radar screen, with several congressional hearings set for Wednesday. |