Authorities believe that two men accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries are British of Nigerian descent, a source says. Full Article
LONDON - Share markets fell sharply on Thursday as investors piled back into safer assets, unnerved by the twin setbacks of unexpected weakness in China's economy and signals that the U.S. central bank may soon scale back its stimulus programme.
HONG KONG - Lenovo Group's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. Full Article | Video
May 23 - Former Congressman Anthony Weiner, who resigned two years ago after posting a lewd photo online, announces he is running for New York City mayor. Lindsey Parietti reports.
Politicians are hypocrites when they complain about the cross-border tax strategies of Apple and other multinationals. But "hypocrisy is the tribute vice pays to virtue". It’s high time that companies admit taxes on profit are fair payments for the help that governments give them. Commentary
Selling its final stake in lender ICBC leaves Goldman Sachs with an annual return on its investment of around 36 percent. HSBC, which just sold out of insurer Ping An after ten years, notched up a lesser 23 percent. The reason: the UK lender put strategic value before profit. Commentary
The Nikkei’s 7 percent drop is an overdue correction, says Breakingviews, but the sell off is down to U.S. and China concerns. Video
WEST, Texas - The fertilizer-plant explosion that killed 14 and injured about 200 others in Texas last month highlights the failings of a U.S. federal law intended to save lives during chemical accidents, a Reuters investigation has found. Full Article