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Insight: Greece party talks framed by unreality, punctuated by insults

Greek political leaders attend a meeting in AthensAthens (Reuters) - "Gentlemen, we are finished," said the patrician President, calling an abrupt halt to two hours of baiting and cat-calling between furious Greek politicians. "I'm starting to get upset myself now. We are finished." The final collapse of talks to forge a new Greek government triggered repeat elections and fears of a chaotic exit from the euro zone. But it is the manner of that collapse, the acrimony and rancor cited by Karolos Papoulias, that bodes ill for efforts after June polls to pull Greece back from the brink. ...


Japan seeks to get in on act investing in Myanmar

TOKYO (Reuters) - Japan will start negotiations on an investment treaty with Myanmar on Wednesday, the trade ministry said, as corporations around the world scramble to do business in one of the last frontier markets in response to encouraging political reforms. The earliest possibility for an agreement would be a November summit of the Association of South East Asian Nations (ASEAN) and Japan in Cambodia, although the trade ministry said there was no pre-set schedule. ...

DaVita eyes new markets with $4.4 billion Healthcare deal

(Reuters) - DaVita Inc , the biggest U.S. operator of dialysis clinics, has agreed to buy privately-held HealthCare Partners for about $4.42 billion in cash and stock to expand into new markets to help offset potential revenue pressures in its main business. HealthCare Partners, based in Torrance, California, runs medical groups and physician networks in Southern California, Central Florida, and Southern Nevada. Its revenues in 2011 were about $2.4 billion. The company provides its services to more than 667,000 patients and has total care dollars under management of about $3. ...

Singer Plan B in Cannes with debut movie Ill Manors

CANNES, France (Reuters) - The Cannes film festival is a world way from the tough streets of east London where British rapper Ben Drew grew up, but the 28-year-old has come to the glamorous Riviera resort to promote his debut movie "Ill Manors". The hard-hitting drama follows six interweaving lives -- junkie, drug dealer, ex-con, gangster, prostitute and central character Aaron, a kind of moral compass amid the violence, fear and abuse around him. ...

World stock markets edge up after G-8 summit

A woman looks at an electronic stock indicator in Tokyo Monday, May 21, 2012. Bargain-hunting helped Asian stock markets edge upward Monday, but gains were limited as investors remained unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in Washington. Japan's Nikkei 225 index came off four-month lows to rise 0.3 percent at 8,636.89. (AP Photo/Shizuo Kambayashi)Assurances that world powers want debt-laden Greece to remain in the euro helped support world stock markets Monday after sharp losses over the past week.


Shares steady near lows, investors fear Greece

A trader monitors the screen on a trading floor in LondonLONDON (Reuters) - European shares and the euro steadied near their lows for the year on Monday as investor fears that Greece could leave the euro were partly countered by promises from China and the Group of Eight leaders at the weekend to support growth. The FTSE Eurofirst index of top European shares was around 0.4 percent higher at 974.03 points after losing 5.1 percent last week to reach its lowest level of the year. ...


Two killed in Sunni Muslim clashes in Beirut

Residents walk near a damaged car after clashes between Sunni Muslim Future supporters and a pro-Syrian group in Tariq al-Jadideh district area in BeirutBEIRUT (Reuters) - At least two people were killed in heavy fighting between rival Sunni Muslim gunmen in Beirut on Monday, medical and security sources said, in the latest violence fuelled by tensions over the uprising against Syrian President Bashar al-Assad. The clashes followed the killing of an anti-Assad Sunni cleric and his colleague at an army checkpoint in north Lebanon on Sunday, triggering angry protests in Sunni districts of northern cities and the capital. ...


Bomber hits Yemen military practice, kills 41

SANAA (Reuters) - A uniformed man blew himself up in the midst of a military parade rehearsal attended by senior officials in the Yemeni capital Sanaa on Monday, killing at least 41 people and wounding more than 60, a police source said. Yemen's defense minister chief of staff were present at the event but were not hurt in the blast, a military source said. The attack coincided with a U.S.-backed Yemeni army offensive against al Qaeda-linked militants in the south of the country, where they control several towns. Troops closed in on one of their strongholds on Sunday in heavy fighting. ...

Bahraini court fines daughter of opposition activist

Zainab al-Khawaja, daughter of human rights activist Abdulhadi al-Khawaja, takes part in a rally held in support of her father in the village of Bani-Jamra, west of ManamaDUBAI (Reuters) - A court in Bahrain on Monday fined Zainab al-Khawaja, the daughter of a prominent opposition activist, for insulting a government employee and her lawyer said she was still detained pending trial in a different case. Bahrain, a U.S. ally that hosts Washington's Fifth Fleet, has been in turmoil since a democracy protest movement led by its majority Shi'ites erupted last year after revolts in Egypt and Tunisia. Its Sunni Muslim rulers have rejected opposition calls for an elected government and protests and clashes with police continue weekly. ...


U.N. atom chief starts talks in Tehran, hopes for deal

International Atomic Energy Agency (IAEA) Director General Yukiya Amano briefs the media before his trip to Tehran at the international airport in ViennaVIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief began rare talks in Tehran on Monday after voicing hope for a deal to investigate suspected atomic bomb research - a gesture that Iran may count on to get international sanctions relaxed and deflect threats of war. International Atomic Energy Agency Director-General Yukiya Amano met the head of Iran's nuclear energy organization, Fereydoun Abbasi-Davani, hours after his pre-dawn arrival, according to ISNA news agency. ...


U.N. atom chief starts talks in Tehran, hopes for deal

International Atomic Energy Agency (IAEA) Director General Yukiya Amano briefs the media before his trip to Tehran at the international airport in ViennaVIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief began rare talks in Tehran on Monday after voicing hope for a deal to investigate suspected atomic bomb research - a gesture that Iran may count on to get international sanctions relaxed and deflect threats of war. International Atomic Energy Agency Director-General Yukiya Amano met the head of Iran's nuclear energy organization, Fereydoun Abbasi-Davani, hours after his pre-dawn arrival, according to ISNA news agency. ...


Court puts off hearing new charge against Ukraine's Tymoshenko

Handout photo of Yulia Tymoshenko speaking in her cabinet of the Ukrainian prime minister in KievKHARKIV, Ukraine (Reuters) - A court in Ukraine on Monday adjourned a trial of jailed former prime minister Yulia Tymoshenko on a new charge of tax evasion until June 25, when the European soccer championship will be under way in the country, for medical reasons. Tymoshenko is being treated for back trouble in a clinic in the city of Kharkiv near the prison where she is serving a seven-year sentence for abuse-of-office in a case which the West has condemned as politically motivated. ...


Court puts off hearing new charge against Ukraine's Tymoshenko

Handout photo of Yulia Tymoshenko speaking in her cabinet of the Ukrainian prime minister in KievKHARKIV, Ukraine (Reuters) - A court in Ukraine on Monday adjourned a trial of jailed former prime minister Yulia Tymoshenko on a new charge of tax evasion until June 25, when the European soccer championship will be under way in the country, for medical reasons. Tymoshenko is being treated for back trouble in a clinic in the city of Kharkiv near the prison where she is serving a seven-year sentence for abuse-of-office in a case which the West has condemned as politically motivated. ...


Yahoo to sell half of its Alibaba stake for $7.1B

The logo of Yahoo is seen in its Hong Kong office in Hong Kong Monday, May 21, 2012. Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders. (AP Photo/Vincent Yu)Struggling Internet company Yahoo Inc. has secured a lifeline after agreeing to sell half of its prized stake in Chinese e-commerce group Alibaba for about $7.1 billion, with most of the cash going to shareholders.


Greece's new prime minister meets party leaders

Greece's newly installed caretaker prime minister is holding talks with party leaders ahead of Wednesday's European Union summit as campaigning gets underway for next month's elections.

Greece's new prime minister meets party leaders

Greece's newly installed caretaker prime minister is holding talks with party leaders ahead of Wednesday's European Union summit as campaigning gets underway for next month's elections.

Ryanair posts record profit, cautious on outlook

Budget airline Ryanair reported record profits Monday as its recession-resistant business model continued to attract passengers from higher-fare carriers amid Europe's debt crisis.

3 climbers die on Mount Everest, 2 still missing

FILE - In this Oct. 27, 2011 file photo, the last light of the day sets on Mount Everest as it rises behind Mount Nuptse as seen from Tengboche, in the Himalaya's Khumbu region, Nepal. Mountaineering Department official Gyanendra Shrestha said Monday, May 21, 2012, that a German, a Nepal-born Canadian and a Korean died Saturday while descending from the 8,850-meter (29,035-foot) summit. (AP Photo/Kevin Frayer, File)Three climbers who were among scores who scaled Mount Everest over the weekend died on their descent and two more are missing, a Nepalese official said Monday.


US warns NKorea against another nuke test

U.S. envoy on North Korea, Glyn Davies answers reporter's questions after meeting with South Korea's chief nuclear envoy Lim Sung-nam and Lim's Japanese counterpart Shinsuke Sugiyama at the Foreign Ministry in Seoul, South Korea, Monday, May 21, 2012. The top U.S. envoy for North Korea is warning Pyongyang that any nuclear test will be met with The top U.S. envoy for North Korea warned Pyongyang on Monday that any nuclear test would be a serious miscalculation that would unify the world in seeking swift, tough punishment.


Analysis: China eschews fiscal fanfare for supportive spending

BEIJING (Reuters) - China's focus on fine-tuning monetary and fiscal policies to fight the risk of a sudden economic slide worries investors pricing in a sixth successive quarter of slowing growth with no obvious sign of the solid stimulus they want. With domestic activity stifled by government curbs on real-estate speculation, the potential damage to demand for China's factory products from a deeper European debt crisis seems a logical justification for a spending splurge. "Maybe it would be easier for China if there were another global financial crisis. ...

Analysis: China eschews fiscal fanfare for supportive spending

BEIJING (Reuters) - China's focus on fine-tuning monetary and fiscal policies to fight the risk of a sudden economic slide worries investors pricing in a sixth successive quarter of slowing growth with no obvious sign of the solid stimulus they want. With domestic activity stifled by government curbs on real-estate speculation, the potential damage to demand for China's factory products from a deeper European debt crisis seems a logical justification for a spending splurge. "Maybe it would be easier for China if there were another global financial crisis. ...

Yemen officials: Militants injured US soldier

Yemeni security officials say militants have opened fire on three U.S. Coast Guard trainers in western Yemen, wounding one.

Putin to dominate new Russian government

Russia's President Putin attends the CSTO summit at the Kremlin in MoscowMOSCOW (Reuters) - Russian President Vladimir Putin will unveil a government dominated by loyalists on Monday, leaving Prime Minister Dmitry Medvedev limited scope to pursue his reform agenda and entrenching the Kremlin's grip over the economy's commanding heights. Medvedev, 46, named premier after Putin returned to the Kremlin on May 7, has pledged to launch pro-growth policies and a privatisation drive to wean Russia's $1.7 billion economy off its dependence on oil. ...


Stock index futures signal early rebound

Traders work on the floor of the New York Stock ExchangePARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.85 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.79 percent at 0842 GMT. European stocks were up 0.5 percent in morning trade on Monday following a dismal week, but gains were capped by lingering worries over the future of Greece into the euro zone. ...


Group: Palestinian shot as Israeli troops stood by

An Israeli human rights group has released a video suggesting Israeli soldiers stood by while Jewish settlers opened fire on Palestinians in the West Bank, wounding one.

Aftershocks rattle Italy, residents sleep outdoors

The old tower is seen collapsed after an earthquake in Finale EmiliaFINALE EMILIA, Italy (Reuters) - Thousands of people in northern Italy slept in tents and cars overnight as more than 100 aftershocks rocked the area hit by a magnitude 6.0 earthquake that killed seven people and inflicted heavy damage to centuries-old cultural sites. "The fear that your house will collapse on your head is great, so it was good to be able to sleep in this tent," said one man who spent the night outdoors, cold but safe, in the town of San Felice Sul Panaro. ...


Aftershocks rattle Italy, residents sleep outdoors

The old tower is seen collapsed after an earthquake in Finale EmiliaFINALE EMILIA, Italy (Reuters) - Thousands of people in northern Italy slept in tents and cars overnight as more than 100 aftershocks rocked the area hit by a magnitude 6.0 earthquake that killed seven people and inflicted heavy damage to centuries-old cultural sites. "The fear that your house will collapse on your head is great, so it was good to be able to sleep in this tent," said one man who spent the night outdoors, cold but safe, in the town of San Felice Sul Panaro. ...


Eclipse crosses Asia, US: Millions look skyward

The annular solar eclipse is seen as the sun sets behind the Rocky Mountains from downtown Denver late on Sunday, May 20, 2012. The annular eclipse, in which the moon passes in front of the sun, was visible across Asia as well as the southwest part of the United States. (AP Photo/David Zalubowski)From a park near Albuquerque, to the top of Japan's Mount Fuji, to the California coast the effect was dramatic: The moon nearly blotting out the sun creating a blazing "ring of fire" eclipse.


Spain: no need for European funds to help banks

Spain's economy minister says the country's banks do not need to be bolstered with European money, as suggested by France.

Chinese company to buy US movie theater chain AMC

Gerry Lopez, CEO of AMC Entertainment Holdings, left, shakes hands with Zhang Lin, Vice President of Wanda during a signing ceremony for Dalian Wanda Group Co. to acquire AMC Entertainment Holdings in Beijing, China, Monday, May 21, 2012. The Chinese conglomerate announced Monday it will buy major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. (AP Photo/Ng Han Guan)A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.


Chinese company to buy US movie theater chain AMC

Gerry Lopez, CEO of AMC Entertainment Holdings, left, shakes hands with Zhang Lin, Vice President of Wanda during a signing ceremony for Dalian Wanda Group Co. to acquire AMC Entertainment Holdings in Beijing, China, Monday, May 21, 2012. The Chinese conglomerate announced Monday it will buy major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion to create the world's biggest movie theater operator. (AP Photo/Ng Han Guan)A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.


Ryanair posts record annual profit of 560 mln euro

Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.

At least 20 killed, 60 wounded in Sanaa suicide attack

SANAA (Reuters) - At least 20 people were killed and more than 60 wounded when a man in soldier's uniform blew himself up at a military parade rehearsal in the Yemeni capital Sanaa on Monday, a police source said. Yemen's minister of defense and chief of staff were present but were unhurt, a military source said. Yemen is home to al Qaeda in the Arabian Peninsula (AQAP), which the United States views as a major security threat, not only in the region but also on U.S. soil. ...

Fight over oil revenues would harm Somalia peace prospects

MOGADISHU (Reuters) - Somalia's embattled central government will not argue with semi-autonomous Puntland over potential oil revenues for fear of scuttling a fragile peace process, but a top official said on Monday the law made clear control lay with Mogadishu. Canadian firm Horn Petroleum, majority-owned by Vancouver-listed Africa Oil Corp., and its exploration partners started drilling in March in Puntland's Dharoor Block but have yet to announce any proven reserves. Africa Oil and joint venture partners Range Resource Ltd. (RRS. ...

Fight over oil revenues would harm Somalia peace prospects

MOGADISHU (Reuters) - Somalia's embattled central government will not argue with semi-autonomous Puntland over potential oil revenues for fear of scuttling a fragile peace process, but a top official said on Monday the law made clear control lay with Mogadishu. Canadian firm Horn Petroleum, majority-owned by Vancouver-listed Africa Oil Corp., and its exploration partners started drilling in March in Puntland's Dharoor Block but have yet to announce any proven reserves. Africa Oil and joint venture partners Range Resource Ltd. (RRS. ...

Opel CEO faces workers over possible plant closure

An undated handout picture shows the newly appointed CEO of Adam Opel AG, StrackeFRANKFURT, Germany (Reuters) - The head of General Motors unit Opel sought to allay workers' fears that the automaker plans to shut one of its four German plants as it pulls production of the Astra, its best-selling model, from the country. Opel Chief Executive Karl-Friedrich Stracke is under pressure from GM to end heavy losses at the U.S. carmaker's German arm by shifting production to countries with lower labor costs. Stracke told workers in Bochum on Monday that no decision has been made on their plant's future beyond 2014. ...


Analysis: China reformer sees his opportunity after Bo's fall

To match analysis CHINA-LEADERSHIP/SHANGHAI/BEIJING (Reuters) - One of China's most conspicuously reform-minded leaders has stepped back into the spotlight after the nation's biggest political convulsion in a generation, positioning himself to gain from the fall of populist politician Bo Xilai. Wang Yang, leader of Guangdong province and well known for his deft handling of recent civil unrest there, is the first of three provincial-level party bosses who stand to benefit after a murder scandal snuffed out Bo's career last month. ...


Analysis: China reformer sees his opportunity after Bo's fall

To match analysis CHINA-LEADERSHIP/SHANGHAI/BEIJING (Reuters) - One of China's most conspicuously reform-minded leaders has stepped back into the spotlight after the nation's biggest political convulsion in a generation, positioning himself to gain from the fall of populist politician Bo Xilai. Wang Yang, leader of Guangdong province and well known for his deft handling of recent civil unrest there, is the first of three provincial-level party bosses who stand to benefit after a murder scandal snuffed out Bo's career last month. ...


Oil rises above $92 ahead of Iran nuclear talks

Oil rose above $92 a barrel Monday in Asia ahead of talks this week aimed at avoiding a military conflict over Iran's nuclear program.

Where Romney, Sen. Brown stand on various issues

Republican presidential hopeful Mitt Romney and U.S. Sen. Scott Brown publicly support each other and even share key advisers. But on many topics, from foreign policy to social issues, the Massachusetts Republicans take very different positions.
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