Pro-Russian protesters stand in formation near a Ukrainian military base in Mariupol April 16, 2014. REUTERS/Stringer

Three separatists killed as Ukrainian troops repel attack

MARIUPOL, Ukraine - Separatists attacked a base of the Ukrainian national guard in an eastern city overnight and, in shooting that ensued, three of them were killed, the interior minister says.  Full Article | Factbox 

Search for Malaysia Airlines jet refocuses on drone scans of seafloor 6:47am BST

SYDNEY/PERTH, Australia - A deep-sea drone had completed its much-anticipated first full scan of the seabed in the remote Indian Ocean, the team looking for a missing Malaysian jetliner said on Thursday, as an air and surface search became less likely to yield results.

U.S. Federal Reserve chair Janet Yellen speaks to the Economic Club of New York in New York April 16, 2014. REUTERS/Brendan McDermid

Weak U.S. prices the threat now, says Yellen

NEW YORK - Persistently low inflation poses a more immediate threat to the U.S. economy than rising prices, Federal Reserve Chair Janet Yellen says, stressing that the U.S. central bank will be delivering policy stimulus for some time to come.  Full Article | Video 

A cup of coffee sits on a table in Starbucks' Vigo Street branch in Mayfair, central London January 11, 2013.  REUTERS/Stefan Wermuth

Starbucks to move European base to London

Starbucks says it will move its European headquarters to London from the Netherlands and pay more tax in the UK as a result, after widespread criticism over low tax contributions in Britain.  Full Article 


Shetland elbows way into independence vote

Twelve hours by ferry from the Scottish mainland, hundreds of miles from Edinburgh and closer to Oslo than London, the windswept Shetland islands have their own aspirations about Scottish independence.  Full Article | Related Story 

Traders work on the floor of the New York Stock Exchange in New York, April 14, 2014.    REUTERS/Carlo Allegri

Great Rotation gives way to Asset Reflation

Last Thursday morning investors queued up to buy the bonds of recent defaulter Greece, and by the end of the day were selling U.S. tech stocks furiously. Odd behaviour in an investment world so used to the concept of 'risk on' or 'risk off'. So what happened?  Full Article 

A covered Maybach luxury car stands at the booth of German car manufacturer Mercedes-Benz during preparation work for the International Motor Show (IAA) in Frankfurt, September 12, 2011. REUTERS/Ralph Orlowski

Mercedes to revive luxury Maybach brand

FRANKFURT - Daimler is set to revive Maybach, a brand once coveted by oligarchs, rap stars and royals, to woo a growing class of ultra-wealthy clients in Asia and the United States, a person familiar with the company's plans says.  Full Article 

Screen shot from Reuters video

Google's Titan Aerospace ambitions

Google has acquired solar-powered drone maker Titan Aerospace as part of its strategy to deliver wireless Internet access to remote parts of the world. Titan is developing a variety of solar-powered "atmospheric satellites," which are designed to stay aloft indefinitely.  Video 

Explosion at Tennessee plant

April 16 - Authorities say firefighters are battling a fire at a plant in McEwen, Tennessee that makes explosives and rescuers are responding to possible injuries. Rough Cut (no reporter narration).

Edward Hadas

Don’t bother with share-based pay

Coca-Cola’s controversial share award scheme takes a bad idea to a foolish extreme. Paying workers in their employer’s paper makes no sense. The share price has too little to do with corporate performance, and the work of any single employee has little effect on the share price.  Commentary 

Hugo Dixon

How Greece can turn vice to virtue

The vicious cycle of two years ago is turning virtuous – see Athens' return to the bond market last week. More can be done to maintain momentum, especially rooting out vested interests. As ever, the weak spot is politics.  Commentary 

Nicholas Wapshott

The EU-U.S. love-hate relationship

While the Americans were funding and fixing the world economy, the Europeans decided to belatedly address their under-regulated banking and financial sectors and reform their overly generous labour laws and welfare arrangements funded by high public borrowing they wrongly blamed for the Great Recession.  Commentary 

Julian Hunt and Amy Stidworthy

How cities can help protect citizens from air pollution

When the Saharan dust hit London earlier this month, just as with the smog of the 1950s and of Dickens’s day, the cloud of dust particles was dense enough that less sunlight made it through to ground level. While forecasts and public warnings for such events exist, the experience demonstrated that they need to be related more precisely to health impacts.  Commentary 

Anatole Kaletsky

Behind Wall Street's anxiety

Stock market gains in the next few years are likely to be driven by very different companies than the leaders of the past five years. The bad news for investors is that these leadership rotations generally coincide with temporary market setbacks, since the old leaders tend to retreat faster than the laggards advance.   Commentary 

Ian Bremmer

Alibaba, Weibo and China's potential for growth

For Chinese tech companies to thrive in the world's most populous country, economic reforms must continue.   Commentary