EU prods China for faster yuan rise: G20 draft
The European Union thinks China has made only limited progress in allowing its yuan currency to move more rapidly, and swifter action would help safeguard a fragile economic recovery, according to a draft G20 document obtained by Reuters on Saturday.
Chelsea see off Stoke for third straight win
Chelsea maintained their perfect start to the defence of their Premier League title as Florent Malouda and Didier Drogba struck in a 2-0 home win against Stoke City on Saturday.
U.N. fears for children as Pakistan floods threaten town
Flood waters threatened to engulf two towns in southern Pakistan on Saturday, a month after the disaster began, as the United Nations warned that tens of thousands of children risked death from malnutrition.
Further policy action may be needed - Bank's Bean
The global recovery is fragile and policymakers in advanced economies might still have to provide further economic support, Bank of England Deputy Governor Charles Bean said on Saturday.
NATO forces fight off Taliban attacks on Afghan bases
Foreign and Afghan troops killed 24 insurgents as they fought off pre-dawn attacks on two bases in eastern Afghanistan on Saturday, officials said, with the Taliban saying suicide bombers the fighters.
China tells Japan wage demands understandable
China says it is understandable for its workers to demand higher wages after foregoing pay increases during the worst of the economic crisis, a Japanese official said after talks with Chinese counterparts.
Japan's Noda says ready to use all measures on yen
Japanese Finance Minister Yoshihiko Noda said on Saturday he was ready to employ all possible measures to tackle the soaring yen, which was having a big impact on the country's export-led economy.
Long lost Jesus icon in Kremlin restored to view
An icon of Jesus embedded in a Kremlin gate used by Soviet leaders but bricked over in the 1930s during communist times was restored on Saturday to public view.
Japan's Noda wants to see steady efforts on yuan reform
Japanese Finance Minister Yoshihiko Noda said on Saturday he told Chinese officials that Tokyo wants to see further efforts to make the yuan more flexible.
Trott and Broad set world record at Lord's
England number three Jonathan Trott finally succumbed for 184 on Saturday after he and Stuart Broad had broken the world eighth wicket partnership record on the third day of the fourth test against Pakistan at Lord's.
Fiscal alchemy must mimic monetary science
Tax and budget policies need the same regularity and independence as monetary policy if countries around the world are to cope with looming stresses from pension programs, world central bankers were told at a Federal Reserve conference on Saturday.
K+S: no threat from Potash Corp bid battle - paper
Potash miner K+S is specialised enough to weather any takeover of Canadian rival Potash Corp and survive as a standalone entity, the German firm's finance director told a newspaper.
Iran says probe on detained U.S. hikers to end soon
Investigations into spying allegations against three American hikers detained in Iran will be completed soon, Intelligence Minister Heidar Moslehi said in a news report on Saturday.
South Africa's Zuma criticises strike and hopes for deal
South African President Jacob Zuma on Saturday accused striking state workers of abandoning the sick at hospitals and said he expected a deal to be reached soon to end the labour action by about 1.3 million.
CORRECTED: Factbox: The business of cooling therapy
The European market for therapeutic hypothermia devices was US$217 million in 2006, according to Frost & Sullivan. By 2012, it is estimated to reach US$543 million.
Obama says Iraq war is ending, his promise is kept
President Barack Obama said on Saturday Iraq could chart its own course and told Americans the drawdown of U.S. troops helped fulfil a promise he made during the 2008 presidential campaign.
U.N. fears for children as Pakistan floods threaten towns
Flood waters threatened to engulf two towns in southern Pakistan on Saturday, a month after the disaster began, as the United Nations warned that tens of thousands of children risked death from malnutrition.
K+S: no threat from Potash Corp bid battle: report
Potash miner K+S is specialized enough to weather any takeover of Canadian rival Potash Corp and survive as a standalone entity, the German firm's finance director told a newspaper.
Heart expert says cost cuts may undermine drug R&D
Cutting medicine prices and promoting cheap generics in the way European governments are now doing could jeopardize the long-term supply of new heart drugs, a top cardiologist said on Saturday.
China seeks fresh nuclear talks as Kim eludes cameras
- China is lobbying neighbours to sign up to a road map for renewed nuclear disarmament talks with North Korea, whose leader Kim Jong-il is apparently visiting China amid conciliatory words and threats of atomic holy war.
North Korea threatens nuclear holy war if attacked
North Korea would answer any attack on it with a nuclear holy war, the country's ambassador to Cuba said, according to official Chinese media, while the North's leader Kim Jong-il appeared to be visiting China.
Two car bombs explode in Mexico but no casualties
Two car bombs exploded in northern Mexico early on Friday, the latest attack in an area where several days earlier marines found the bodies of 72 people gunned down in the country's escalating drug war.
Oesophageal cancer rates rise steeply in men
Rates of oesophageal cancer in men have risen by 50 percent in Britain in a generation, an increase that is probably being driven in part by growing rates of obesity and poor diet, scientists said on Saturday.
Microsoft appeals to Supreme Court over i4i patent
Microsoft Corp asked the U.S. Supreme Court on Friday to reconsider a lower court's ruling that upheld rival i4i's patent related to text manipulation technology.
Bernanke says Fed to act if needed
U.S. Federal Reserve Chairman Ben Bernanke said on Friday the economic recovery has weakened more than expected and the Fed stands ready to act if needed to spur slowing growth.
HP raises 3PAR offer to trump Dell again
Hewlett-Packard Co raised its offer for 3PAR Inc to $2 billion, once again topping Dell Inc's bid and showing it had plenty of ammunition in a bidding war for the data storage company.
Clearwire plans pay-as-you go service
Clearwire Corp said on Friday that it is planning a pay-as-you-go service, representing a new customer segment for the high-speed wireless service provider.
Two car bombs explode in northern Mexico; no casualties
Two car bombs exploded in northern Mexico early on Friday, days after marines found the bodies of 72 people gunned down in the country's escalating war with powerful drug cartels.
Tribune files no new bankruptcy plan
Tribune Co, struggling to win broad creditor support for its plan to emerge from bankruptcy, said on Friday it would not tweak the proposal any further at the moment.
BBC boss defends it from critics, rivals
The head of the BBC made an impassioned defence of the state broadcaster on Friday, following years of mounting criticism from rivals and politicians accusing it of being too large and too arrogant.