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Updated: 57 min 28 sec ago

Police station bombed in Libya's Benghazi in east

Fri, 05/10/2013 - 5:21am
TRIPOLI (Reuters) - A bomb exploded outside a police station in Benghazi around 4am (0200 GMT) on Friday, damaging the building and shattering the windows of a school opposite but causing no injuries, a police official said. Police stations have been bombed at least three times in the past month in the eastern city of Benghazi, the second largest in Libya.

2 popes meet: Egyptian Copt and Pope Francis

Fri, 05/10/2013 - 5:11am
VATICAN CITY (AP) — Two popes are praying together at the Vatican, one Catholic and one Orthodox.

United States must raise debt limit without delay: Lew

Fri, 05/10/2013 - 5:07am
LONDON (Reuters) - The United States must not delay raising its debt ceiling as ensuing uncertainty would hurt both the U.S. and the global economy, U.S. Treasury Secretary Jack Lew said in an interview on CNBC television on Friday. "Congress should deal with this right away. The fact that they have more time should not put off dealing with this," he said. "I don't think that it's in the interests of the U.S. or the world economy for Congress to wait until the last minute and create a sense of anxiety. Congress has to raise the debt limit. ...

Bangladesh workers see possible survivor in rubble

Fri, 05/10/2013 - 5:02am

DHAKA, Bangladesh (AP) — Rescue workers in Bangladesh say they may have found a survivor buried amid the wreckage of a garment factory building that collapsed 17 days ago.


Germany says US President Obama to visit in June

Fri, 05/10/2013 - 4:57am
BERLIN (AP) — The German government says U.S. President Barack Obama will visit Germany to hold talks with Chancellor Angela Merkel and other officials next month.

Amplats set to announce details of revised restructuring plan

Fri, 05/10/2013 - 4:39am

JOHANNESBURG (Reuters) - Anglo American Platinum said on Friday it would announce the details of its revised plan to turn around its struggling South African operations at midday South African time (1000 GMT).


Lawyer: Abu Qatada's conditions to leave UK

Fri, 05/10/2013 - 4:38am
LONDON (AP) — The lawyer for Abu Qatada says he will voluntarily leave Britain, which has been trying to deport the radical Muslim preacher for more than a decade, and go to Jordan if a new treaty on torture is ratified there.

London Zoo seeks female mate for near-extinct fish

Fri, 05/10/2013 - 4:36am
LONDON (AP) — The London Zoo is urgently seeking a female mate for the last-known males of a critically endangered fish species.

Analysis: To hedge inflation, property trusts are the new gold

Fri, 05/10/2013 - 4:32am

By Nishant Kumar and Elzio Barreto HONG KONG (Reuters) - As central banks print cash to boost moribund economies, investors in Asia wanting to hedge against rising prices are dumping gold and doubling down on property. They are driven by the search for yield as surprisingly benign inflation dims the appeal of bullion, but it's a risky play given lofty valuations for real estate. The trend is most visible in the frenzy around real estate investment trusts (REITs) in Asia, where issuance ex-Japan more than quadrupled to $4. ...


Yen weakens past 100 to dollar, may fan talk of currency war

Fri, 05/10/2013 - 4:29am

By Hideyuki Sano TOKYO (Reuters) - The yen weakened past 100 per dollar, giving Japanese Prime Minister Shinzo Abe a symbolic victory for his easy money policies, with markets bracing for further declines in the currency that could raise tensions with trading partners. The yen broke through resistance to fall as low as 101.43 per dollar, down nearly three percent from Thursday's high around 98.65, and the weakest level in over four-and-a-half years. ...


IAG, parent of BA, loses 630 million euros in 1Q

Fri, 05/10/2013 - 4:27am
LONDON (AP) — International Airlines Group, which owns British Airways and Iberia, says it is still struggling to integrate the Spanish airline into its operations as it reported a deepening first-quarter net loss of 630 million euros ($827 million) compared to a 129 million euros loss last year.

Insight: In eastern Syria oil smugglers benefit from chaos

Fri, 05/10/2013 - 4:25am

By Mariam Karouny BEIRUT (Reuters) - In Syria's eastern province of Deir al-Zor, a network of tribes and smugglers has exploited the chaos of war to create an illicit oil trade that makes European hopes of buying crude from President Bashar al-Assad's opponents a distant prospect. Powerful Sunni Muslim tribes have deployed armed fighters around oil production facilities and pipelines that have fallen under their control and set up smuggling and trade deals, according to sources in the province including rebels, an oil company employee and people with ties to the tribes. ...


Oil falls below $96 per barrel as dollar rises

Fri, 05/10/2013 - 4:18am
BANGKOK (AP) — The price of oil fell below $96 per barrel on Friday after signs of improvement in U.S. employment sparked speculation that the Federal Reserve might scale back its aggressive monetary policy.

Imran Khan gains in Pakistan vote, Sharif remains frontrunner

Fri, 05/10/2013 - 4:18am

By Michael Georgy ISLAMABAD (Reuters) - Former Pakistan cricket star Imran Khan's party was enjoying a late surge of support on Friday, the eve of a landmark election, raising the prospect of a fragmented parliament that could lead to weeks of haggling to form a coalition government. The failure of the major parties to capture a commanding lead raises the risk a weak government will emerge, clouding optimism over the first transition between civilian governments in a country that has been ruled by the military for more than half its history. ...


NASA: Space station power system radiator leaking

Fri, 05/10/2013 - 4:12am

WASHINGTON (AP) — The International Space Station has a radiator leak in its power system. The outpost's commander calls the situation serious, but not life-threatening.


Japan's Nikkei jumps as dollar passes 100-yen mark

Fri, 05/10/2013 - 4:11am

BANGKOK (AP) — Japan's benchmark stock index surged Friday after the dollar hit a four-year high against the yen. Markets elsewhere gained as traders digested a positive U.S. jobs report.


More than just a mother, now she's your 'friend'

Fri, 05/10/2013 - 3:34am

Josh Knoller, a young professional in New York City, spent years refusing his mother's "Friend Request" on Facebook before, eventually, "caving in." Today they have an agreement: she'll try not to make embarrassing comments, and he can delete them if she does.


SKorea leader sacks spokesman amid abuse claims

Fri, 05/10/2013 - 3:31am
SEOUL, South Korea (AP) — President Park Geun-hye's office says she has fired her chief spokesman after a "disgraceful incident" during Park's trip to the United States. Media reports say the spokesman was accused of sexual abuse.

Pakistan: Bombs targeting election offices kill 3

Fri, 05/10/2013 - 3:16am
MIRAN SHAH, Pakistan (AP) — Pakistani intelligence officials say two bombs targeting the offices of candidates running in this weekend's election have killed three people in northwest Pakistan.

Turkey: US man gets suspended smuggling sentence

Fri, 05/10/2013 - 3:16am
ANKARA, Turkey (AP) — A lawyer says an American tourist who picked up stones during a beach holiday in Turkey has received a one-year suspended sentence for attempting to smuggle historical artifacts.