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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. ...


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. ...

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.

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 talks in Tehran on Monday, Iranian media said, after voicing hope for a deal to investigate suspected atomic bomb research - a possible breakthrough that Iran may count on to ease sanctions 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. ...


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. ...

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.

Militant group claims suicide bombing in Syria

Syrian security work at the site of an explosion in DeirDUBAI (Reuters) - A militant group claimed responsibility for a suicide bombing in eastern Syria last week that killed nine people and said attacks would continue, in a statement posted on the Internet on Monday. The al-Nusra Front said it was behind the attack on Saturday which targeted military installations in Deir al-Zor. The authenticity of the statement could not immediately be verified. ...


Militant group claims suicide bombing in Syria

Syrian security work at the site of an explosion in DeirDUBAI (Reuters) - A militant group claimed responsibility for a suicide bombing in eastern Syria last week that killed nine people and said attacks would continue, in a statement posted on the Internet on Monday. The al-Nusra Front said it was behind the attack on Saturday which targeted military installations in Deir al-Zor. The authenticity of the statement could not immediately be verified. ...


Romney, US Sen. Brown play down past connections

FILE - In this Feb. 18, 2010, file photo former Massachusetts Gov. Mitt Romney, left, is announced by Sen. Scott Brown, R, Mass., as he arrives on stage to speak at the Conservative Political Action Conference in Washington. The two Massachusetts Republicans have a history of supporting each other throughout their political careers, but facing tough elections neither is the presidential candidate nor the U.S. senator is playing up that history now, perhaps with good reason. (AP Photo/Cliff Owen, File)Massachusetts Republicans Mitt Romney and Scott Brown have a history of supporting each other throughout their political careers.


Pakistan briefly bans Twitter access for "blasphemy"

ISLAMABAD (Reuters) - Pakistan banned access to Twitter on Sunday because of "blasphemous" material, a Pakistani official said, but normal service was resumed after 12 hours. The government did not specify which users or messages had prompted the ban on the microblogging site or why it was allowed to operate again so quickly. Any representation of the Prophet Mohammad is deemed un-Islamic and blasphemous by many Muslims, who make up the overwhelming majority in Pakistan. ...

Shares, euro steady but Greek worries weigh

Visitors look at monitors displaying market indices at the Tokyo Stock Exchange in TokyoLONDON (Reuters) - European shares took a breather from last week's sell-off and the single currency steadied on Monday, but investors were wary after a weekend meeting of Group of Eight leaders failed to ease concerns about the risk of Greece exiting the euro. The FTSE Eurofirst index of top European shares edged up 0.2 percent at 972.09 points after losing 5.1 percent last week to reach its lowest level in five months. ...


At least 10 killed by suicide bomb in Yemen capital

SANAA (Reuters) - At least 10 people were killed and 20 wounded in an attack by a suicide bomber on soldiers practicing for a military parade in the Yemeni capital Sanaa on Monday, a police source said. The parade was scheduled for Tuesday to mark Yemen's national day and President Abd-Rabbu Mansour Hadi was due to attend. (Reporting by Mohammed Ghobari; Writing by Isabel Coles; Editing by Louise Ireland)

UN nuclear chief in Iran on key mission

Director General of the International Atomic Energy Agency, IAEA, Yukiya Amano from Japan and Herman Nackaerts, from left, of the IAEA the chief agency official in charge of the Iran file speak to the media before his flight to Iran at the Vienna International Airport near Schwechat, Austria, on Sunday, May 20, 2012. (AP Photo/Ronald Zak)The head of the U.N. nuclear agency arrived Monday in Tehran on a key mission that could lead to the resumption of probes by the watchdog on whether Iran has secretly worked on an atomic weapon.


Beirut clashes kill 1 amid fear of Syria spillover

A Lebanese man steps out from a destroyed building that was damaged during clashes erupted between pro- and anti-Syrian Sunni groups, in Beirut, Lebanon, Monday May 21, 2012. Gunmen fired rocket-propelled grenades and machine guns early Monday in intense street battles in the Lebanese capital, wounding and killed several people as fears mounted that the conflict in neighboring Syria was bleeding across the border. The clashes erupted hours after an anti-Syrian cleric and his bodyguard were shot dead in northern Lebanon.(AP Photo/Hussein Malla)Overnight clashes in Beirut between Sunni Muslim groups that support and oppose the regime in Damascus left one person dead and 10 wounded as fears rose further of a spillover from the Syrian conflict, Lebanese security officials said Monday.


Romney faced leadership test in Big Dig tragedy

FILE - In this July 18, 2006, file photo, Gov. Mitt Romney, right, looks over bolts in the ceiling of a Big Dig tunnel while speaking with Alexander Bardow, center, Massachusetts Director of Bridges and Structures, and Massachusetts Secretary of Transportation John Cogliano in Boston. Romney was at his New Hampshire vacation home on a summer night in 2006 when tons of concrete ceiling panels in one of Boston’s Big Dig highway tunnels collapsed. The debris crushed a car and killed a female passenger. Romney, then in his final year as Massachusetts governor, dashed back to Boston and immersed himself in the crisis. His response offers insights into what kind of leader the expected Republican nominee would be if elected president. Romney has made his management skills a major selling point in his campaign. (AP Photo/David L Ryan, Pool)Mitt Romney was at his New Hampshire vacation home on a summer night in 2006 when 26 tons of concrete ceiling panels in one of Boston's Big Dig highway tunnels collapsed, crushing a car and killing a female passenger.


Asia stocks mixed after G8 vague on Europe fix

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)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.


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