London attackers known to British security services
LONDON - Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services, a source close to the investigation says. Full Article
Global stocks fall on China growth woes, Fed concerns
NEW YORK - Stock markets worldwide fell sharply on Thursday as surprisingly weak data from China and Europe raised worries about slow growth a day after U.S. Federal Reserve chief Ben Bernanke broached the possibility of reducing stimulus that has buoyed investor confidence.
Apple enjoyed Irish tax holiday from the start
SAN FRANCISCO/DUBLIN - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest country. Full Article
Iran seeks to speed up nuclear activity
VIENNA - Iran is trying to accelerate its uranium enrichment programme, a U.N. nuclear report shows, but experts say it is unclear when Tehran's new machines could start operating and how efficiently they would work. Full Article
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China urbanisation plan hit by spending fears
BEIJING - China's plan to spend $6.5 trillion on urbanisation is running into snags, as leaders fear it could push up local debt levels and inflate a property bubble. Full Article
Twitter beefs up security after hacking spree
Twitter unveils technology to boost security for its users, following a spate of attacks on accounts of prominent media outlets including the Associated Press and the Financial Times. Full Article
Lenovo buys and diversifies to outshine rivals
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
High costs push Ford out of Australia
CANBERRA - Ford will shut its two Australian auto plants in October 2016, blaming a strong currency and costs that are hitting manufacturers just as the country looks for other sectors of its economy to cushion the end of a mining boom. Full Article
Diplomats struggle to bring Syrian sides together
May 23 - International community gears up for peace talks on the Syrian conflict as Syria's opposition debates its participation. Lindsey Parietti reports.
Latest Headlines
Apple, hypocrisy and stakeholder tax
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
Thanks, Greece
The euro zone crisis has been a piece of luck for Britain. Thanks to the Greeks, the euro turned into a crisis currency rather than a safe haven, and the pound came to look more and more like one of the less risky options. Commentary
UK should get on front foot with City
Britain has been playing a defensive game in response to the barrage of misguided financial rules from Brussels. It now needs to sell the City as part of the solution to Europe's problems. The opportunity is huge. Commentary
Don’t fear the bubble
When asset prices start to fall, the main people to be hurt will be the ones owning the assets in question. In other words, the people who can best afford it. Commentary
Goldman trumps HSBC in financial Chinese chequers
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
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Japan joins global risk parade
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
Texas fire-fighters left unprepared
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
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