Reuters: Top News

Major drug bust in Afghanistan

Reuters — 16 May 2012 17:25:00 +0000

May 16 - The Russian anti-drug tsar says four drug labs were closed, 67 people were arrested and tonnes of drugs were seized in Afghanistan last week. Deborah Lutterbeck reports.

Trading at Noon: Managers like financials, some sell Apple

Reuters — 16 May 2012 16:15:00 +0000

May 16 - 13-F regulatory filings for Q1 are out and hedge fund managers are gobbling up financial stocks with some selling Apple.

Facebook insiders cash in

Reuters — 16 May 2012 16:52:00 +0000

May 16 - Several of Facebook's early investors are adding their shares to the company's public offering, boosting the size of the IPO by 25 percent. Jeanne Yurman reports.

Paralysis patient tastes freedom through thought control

Reuters — 16 May 2012 16:58:00 +0000

May 16 - Groundbreaking new research is allowing quadriplegics to control objects with a robotic arm and the power of their thoughts. A study involving a brain-computer interface developed at Brown University in Rhode Island, shows that people who have lost the use of their limbs can perform basic functions by manipulating the technology with their minds. The findings of the study, conducted in April last year, will be published in the May issue of the science journal "Nature". Ben Gruber reports.

3XSQ: Facebook and Apple go big

Reuters — 16 May 2012 13:55:00 +0000

May 16 - Facebook increases size of IPO while Apple may reportedly be increasing the size of the iPhone screen.

Greece, growth preoccupy Merkel, Hollande

Reuters — 16 May 2012 16:13:00 +0000

May 16 - Despite their substantial differences, new French President Francois Hollande and German Chancellor Angela Merkel seemed to get off to a good start at their first meeting. Greece remains top of their agenda as worries increase about contagion hitting Italy and Spain. Joanna Partridge reports.

Breakingviews: Dimon shines on

Reuters — 16 May 2012 15:26:17 +0000

May 16 - Jeffrey Goldfarb talks to Antony Currie about the mild shareholder rebuke of the JPMorgan boss at the bank’s annual meeting.

Wildfires rage in Arizona

Reuters — 16 May 2012 14:39:00 +0000

May 16 - Strong winds and dry weather fuel wildfires in Arizona, scorching more than 5,000 acres and threatening a small town. Deborah Lutterbeck reports.

Sudan’s Bashir: No oil exports without security

Reuters — 16 May 2012 15:53:00 +0000

May 16 - Sudanese President Omar al-Bashir says Sudan will not allow South Sudan to export any oil through its territory unless the two states settle all disputes over border security. Deborah Lutterbeck reports.

Europe Day Ahead: A look at markets and ahead to tomorrow

Reuters — 16 May 2012 15:30:00 +0000

May 16 - A look at the close of the European markets and a look ahead to the next day's trading as well as what to expect from Asian markets overnight.

U.S. Morning Call: Facebook to increase IPO size

Reuters — 16 May 2012 12:04:00 +0000

May 16 - Facebook will increase the size of its initial public offering by 25 percent and could raise as much as $16 billion.

Charles Taylor in Hague court for sentencing

Reuters — 16 May 2012 10:56:00 +0000

May 16 - Former Liberian President Charles Taylor appears in Netherlands court to be sentenced for atrocities committed during Sierra Leone's 11-year civil war. Rough Cut (no reporter narration).

Opening remarks in Ratko Mladic genocide trial

Reuters — 16 May 2012 10:42:00 +0000

May 16 - Former Bosnian Serb army commander Ratko Mladic, 70, appears in court in the Netherlands on genocide charges. Travis Brecher reports.

Facebook likes the world to share

Reuters — 16 May 2012 14:15:00 +0000

May 16 - With growth slowing in the U.S., the world's leading social network Facebook will be increasingly reliant on international markets as it seeks new sources of revenues reports Matt Cowan.

Bank of England succession: the odds

Reuters — 16 May 2012 11:30:00 +0000

May 16 - Darren Haines of Paddy Power and Peter Thal Larsen of Breakingviews join Insider to discuss the current favourites to succeed Mervyn King as Governor of the Bank of England.

ECONOMY 2012: Bosses must earn their pay - Shell CEO

Reuters — 16 May 2012 07:05:00 +0000

Shell chief Peter Voser tells Insider executive pay must drive shareholder value and be performance-related

Reuters Today: Greek vote fears spark market rout

Reuters — 16 May 2012 07:00:00 +0000

May 16 - Equities tumble as Greece faces new elections that could push it closer to exiting the euro. The euro falls below $1.27, Spanish bond yields soar.

Ratko Mladic on trial for Bosnia genocide

Reuters — 16 May 2012 09:23:00 +0000

May 16 - The trial of former Bosnian Serb army commander Ratko Mladic on genocide and other charges opens in the Netherlands. Paul Chapman reports.

Market Pulse: BoE King's outlook opens door to more QE

Reuters — 16 May 2012 11:00:00 +0000

May 16 - A downbeat outlook from BoE governor Mervyn King fits with the gloomy climate: sterling falls, euro zone banks at record low, gold near key technical support.

Jobs boost for Britain's beleaguered economy

Reuters — 16 May 2012 09:15:00 +0000

May 16 - Chris Grayling, the UK Employment Minister, tells Insider Britain's employment situation is moving in the right direction.

Breakingviews: Greek banks' rickety crutches

Reuters — 16 May 2012 09:30:00 +0000

May 16 - Greek banks are leaning on twin crutches - recapitalisation from bailout funds and emergency liquidity - that could easily be kicked away, says Reuters Breakingviews.

'Mother killed kids': police

Reuters — 16 May 2012 03:49:00 +0000

May 16 - Police say a mother shot dead her four children then turned the gun on herself in the U.S. state of Florida. Paul Chapman reports.

Hollande's plane struck by lightning

Reuters — 16 May 2012 00:29:00 +0000

May 15 - French president Francois Hollande was delayed but undeterred for his first meeting with German chancellor Angela Merkel to discuss the euro zone crisis. Deborah Gembara reports.

Shareholders back JPMorgan chief

Reuters — 15 May 2012 22:48:00 +0000

May 15 - JPMorgan CEO admits losses were "self-inflicted" as shareholders vote against plan to split his role into two, separate positions. Sasha Salama reports.

Attack on U.N. convoy in Syria

Reuters — 15 May 2012 20:58:00 +0000

May 15 - Official says no U.N. monitors were injured after an attack on a convoy in central Syria. Deborah Gembara reports.