Reuters: Top News

Obama's election-year budget to target rich

Mon, 13 Feb 2012 07:42:58 -0500

WASHINGTON (Reuters) - President Barack Obama will propose an election-year budget on Monday that raises taxes on millionaires and seeks billions of dollars for job-creating infrastructure projects, drawing a populist battle line with his Republican opponents.

Greece still to convince Europe after rescue deal

Mon, 13 Feb 2012 09:46:58 -0500

ATHENS (Reuters) - The Greek government came under pressure on Monday to convince skeptical European capitals that it would stick to the terms of a multi-billion-euro rescue package endorsed by lawmakers during violent protests on the streets of Athens.

Syrian forces bombard Homs after Arab peace proposal

Mon, 13 Feb 2012 06:42:41 -0500

AMMAN/BEIRUT (Reuters) - Syrian forces bombarded districts of Homs and attacked other cities on Monday after Arab states pledged support for the opposition battling President Bashar al-Assad and called for international peacekeepers to be sent to the country.

OECD flags signs of broader upturn in economic outlook

Mon, 13 Feb 2012 07:43:27 -0500

PARIS (Reuters) - The international economic outlook is showing tentative signs of improvement, with the momentum shift spreading from the United States and Japan to other developed countries, the OECD's December survey of growth prospects showed on Monday.

Israel says bombs target embassies in India, Georgia

Mon, 13 Feb 2012 09:16:17 -0500

JERUSALEM (Reuters) - Bombers targeted staff at Israel's embassies in India and Georgia on Monday, wounding four people, and Israeli Prime Minister Benjamin Netanyahu accused Iran and its Lebanese ally Hezbollah of involvement.

NATO says found Afghan children dead after air strike

Mon, 13 Feb 2012 07:44:02 -0500

KABUL (Reuters) - NATO-led forces in Afghanistan said on Monday they found the bodies of dead children after a coalition air strike that has enraged the Afghan government, and said their deaths may have been linked to an anti-insurgent operation in the area.

GE to hire 5,000 U.S. veterans, investing in plants

Mon, 13 Feb 2012 06:06:20 -0500

WASHINGTON (Reuters) - General Electric Co plans to hire 5,000 U.S. military veterans over the next five years and to invest $580 million to expand its aviation footprint in the United States this year.

Investors peer past gloom, eye Asian economic rebound

Mon, 13 Feb 2012 09:09:16 -0500

BEIJING (Reuters) - If the World Bank is correct, 2012 will see the second slowest year of global economic growth in a decade, at a level consistent with a world recession that, like the 2008/2009 financial crisis, would not spare Asia.

A year on, only brief home visits for Japan nuclear evacuees

Mon, 13 Feb 2012 07:44:37 -0500

OKUMA, Japan (Reuters) - Back home for just three hours, a tearful Miyoko Takeda sorted through her belongings. She left behind the kimonos she once wore as a traditional dancer, fearful they might be contaminated by radiation.

Apple launches new legal attack on Samsung phones

Mon, 13 Feb 2012 00:51:07 -0500

(Reuters) - Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google's fast growing Android software, a move which may affect other Android phone makers.