Archive for May, 2014

U.S. seeks $10 billion penalty from BNP over sanctions probe: WSJ

May 29, 2014
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(Reuters) – The U.S. Justice Department is pushing BNP Paribas SA to pay more than $10 billion to resolve a criminal probe into allegations that the French bank evaded U.S. sanctions against Iran and other countries for years, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
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Rebels shoot down Ukraine military helicopter, 14 dead

May 29, 2014
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SLOVYANSK, Ukraine (AP) — Rebels in eastern Ukraine shot down a government military helicopter Thursday amid heavy fighting around the eastern city of Slovyansk, killing 14 soldiers including a general, Ukraine’s leader said.
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Australia: Missing jet not where ‘pings’ heard

May 29, 2014
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By Lincoln Feast SYDNEY (Reuters) – The search for a missing Malaysia Airlines MASM.KL jetliner suffered a further setback on Thursday after Australian officials said wreckage from the aircraft was not on the seabed in the area they had identified.
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South Africa’s Telkom SA sees nine-fold increase in full-year earnings

May 29, 2014
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JOHANNESBURG (Reuters) – South African fixed-line operator Telkom SA said on Thursday full-year earnings likely rose more than nine-fold, following a raft of belt-tightening initiatives and a hefty writedown last year.
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Will TSB Survive Life Outside Lloyds Banking Group PLC?

May 29, 2014
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Will TSB Survive Life Outside Lloyds Banking Group PLC?


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Sisi leads Egypt vote, but turnout raises questions

May 29, 2014
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By Yasmine Saleh and Michael Georgy
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Top scientists: E-cigarettes ‘part of the solution’ to end smoking

May 29, 2014
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LONDON (Reuters) – A group of 53 leading scientists has warned the World Health Organisation not to classify e-cigarettes as tobacco products, arguing that doing so would jeopardize a major opportunity to slash disease and deaths caused by smoking.
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Fire in S. Korea hospice for elderly kills 21

May 28, 2014
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Seoul (AFP) – A fire tore through a hospice for the elderly in South Korea early Wednesday, killing 21 people — the latest in series of deadly accidents following last month’s ferry disaster that claimed around 300 lives.
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Santa Barbara attacks prompt action from lawmakers

May 28, 2014
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SACRAMENTO, Calif. (AP) — California lawmakers on Tuesday proposed expanded restraining orders and new law enforcement procedures to deter the type of violent rampages that left six young people dead over the weekend near the University of California, Santa Barbara.
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Rupee falls on month-end dollar demand from importers

May 28, 2014
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Reuters Market Eye – The rupee is trading at 59.15/16 versus its previous close of 59.04/05 on the back of heavy month-end dollar demand from importers, particularly oil firms.
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