 RBC to book C$180 million gain on tax dispute
 28.05.2012 20:16  0 views  0 comments
TORONTO (Reuters) - Royal Bank of Canada will register a C$180 million ($175.57 million) boost to its third-quarter results after resolving a tax dispute with Canada Revenue Agency in the bank's favor. RBC, Canada's largest lender, said on Monday it would release C$130 million from provisions taken to guard against potential losses stemming from the dispute. RBC spokeswoman Tanis Robinson said the bank had challenged a CRA reassessment of taxes centered on capital markets businesses the bank has since exited. "We resolved these tax matters with the CRA... ... Read more »
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Powerful "Flame" cyber weapon found in Iran
28.05.2012 20:09 0 views 0 comments
 BOSTON (Reuters) - Security experts discovered a highly complex computer virus in Iran and the Middle East that they believe was deployed at least five years ago to engage in state-sponsored espionage. Evidence suggest that the virus, dubbed Flame, may have been built on behalf of the same nation that commissioned the Stuxnet worm that attacked Iran's nuclear program in 2010, according to Kaspersky Lab, the Russian cyber security software maker that claimed responsibility for discovering the virus. ...
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Vatican says trust in Church hurt by scandal
28.05.2012 20:05 0 views 0 comments
 VATICAN CITY (Reuters) - The Vatican, engulfed in the worst crisis in Pope Benedict's papacy, on Monday denied Italian media reports that cardinals were suspects in an investigation into leaks of sensitive documents that led to the arrest of the pope's butler. But while denying the reports, which said the butler was merely a courier in a behind-the-scenes struggle for power in the Holy See, the Vatican acknowledged that the often sordid affair would test the faith of Catholics in their Church. ...
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Sudan's army says to withdraw from Abyei
28.05.2012 19:55 0 views 0 comments
KHARTOUM/JUBA (Reuters) - Sudan will withdraw all its troops from the disputed border region of Abyei, its army spokesman said on Monday, removing a major obstacle to peace talks with its arch foe South Sudan. But with talks due to resume in Addis Ababa on Tuesday, South Sudan accused its northern neighbor of bombing its territory and killing 10 people. Sudan denied the charge. ... Read more »
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Sudan's army says to withdraw from Abyei
28.05.2012 19:55 0 views 0 comments
KHARTOUM/JUBA (Reuters) - Sudan will withdraw all its troops from the disputed border region of Abyei, its army spokesman said on Monday, removing a major obstacle to peace talks with its arch foe South Sudan. Read more »
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Canada's jobs comeback? Too good to be true
28.05.2012 19:41 1 views 0 comments
OTTAWA (Reuters) - Canada created a stunning 140,000 jobs in just two months this year, the most in 30 years and a source of pride for a government bragging that the economy has got its moxie back. But scratch the surface of the official data, and stir in a few secondary figures, and the picture looks far less upbeat. Canada is definitely creating jobs, but the figures are volatile at the best of times. There's also been an increase in involuntary part-time work, a decline in employment quality and a fall in real wages. ... Read more »
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Canada to fast-track CP Rail back-to-work bill
28.05.2012 19:40 1 views 0 comments
OTTAWA/VANCOUVER (Reuters) - The Canadian government is set to force striking workers at Canadian Pacific Railway back to work with fast-track legislation to end the strike, Labour Minister Lisa Raitt said on Monday. "We're proposing legislation today to protect our recovering economy and resume rail services," Raitt told the House of Commons a day after the latest round of talks broke down. "Simply put ... the strike can't go on. We need to get the trains running again. ... Read more »
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Fire kills 19, mostly children, in upscale Qatar mall
28.05.2012 19:33 1 views 0 comments
DOHA (Reuters) - At least 19 foreigners, including 13 children, were killed in a fire that ripped through an upscale shopping mall in Qatar on Monday, the country's interior ministry said. Four of the dead children were Spanish, diplomatic sources in Madrid said. In was not immediately clear what caused the blaze at the Villagio Mall in Doha's west end and Qatar's interior ministry said an investigation was under way. ... Read more »
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Euro's long-time doubters say 'I told you so'
28.05.2012 19:27 1 views 0 comments
LONDON/FRANKFURT (Reuters) - They were dismissed as prophets of doom. Now, as the euro struggles to survive, long-standing critics of Europe's single currency are more like prophets in their own time. But when they say ‘I told you so', many do so with a regretful shake of the head, knowing the chaos and contagion that could ensue if austerity-weary Greece, at the epicentre of the crisis, quits the euro after a new election next month. ... Read more »
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Obama on Memorial Day Recalls the Fallen, Winding Down of Wars in Iraq, Afghanistan
28.05.2012 19:14 1 views 0 comments
Under bright, hazy skies at Arlington National Cemetery, President Obama spent his fourth Memorial Day as commander in chief honoring the hundreds of thousands of soldiers who died serving their country, particularly in the Vietnam War, which began more than 50 years ago. “From the jungles of... Read more »
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Annan condemns "appalling crime" on visit to Syria
28.05.2012 19:13 1 views 0 comments
 AMMAN (Reuters) - Peace envoy Kofi Annan deplored the killing of at least 108 people in the Syrian town of Houla as "an appalling crime" on Monday and urged President Bashar al-Assad to prove he wants a peaceful resolution to the crisis racking his country. Assad's forces killed at least 41 people in an artillery assault on the city of Hama, activists said, shortly after the U.N. Security Council condemned Friday's massacre in nearby Houla. With international criticism growing of Assad's methods in trying to crush a 14-month-old uprising, now accompanied by a lightly armed insurgency, U.N. ...
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Obama honors fallen troops at Arlington Cemetery
28.05.2012 19:13 0 views 0 comments
 President Barack Obama paid tribute Monday to the men and women who have died defending America, saying the country must strive "to be a nation worthy of your sacrifice."
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Obama honors fallen troops at Arlington Cemetery
28.05.2012 19:13 0 views 0 comments
President Barack Obama paid tribute Monday to the men and women who have died defending America, saying the country must strive "to be a nation worthy of your sacrifice."
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Iraq set to auction new oil, gas blocks
28.05.2012 18:52 0 views 0 comments
BAGHDAD (Reuters) - Iraq will auction 12 new oil and gas exploration blocks this week in a fourth energy bidding round, as it seeks the rapid expansion of a sector vital to its economy, but tough contract terms mean Baghdad may struggle to drum up major interest. The country, a member of the Organization of the Petroleum Exporting Countries (OPEC), has the world's fourth largest oil reserves and can offer some of the last potentially rich unexplored territories after its energy sector was left under-developed by decades of war and economic sanctions. ... Read more »
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Blast rocks Kenyan capital, more than 30 hurt
28.05.2012 18:50 0 views 0 comments
 NAIROBI (Reuters) - An explosion tore through a shopping complex in Nairobi's business district during Monday's lunch hour, wounding more than 30 people, and police said they were investigating whether it was a bomb attack. Police spokesman Eric Kiraithe said anti-terrorism police were combing the blast site in the city centre for clues, appearing to row back on an earlier suggestion by the police commissioner that a massive electrical fault might be to blame. ...
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Hispanic boom may not shift Texas face in Congress
28.05.2012 18:48 0 views 0 comments
 One is a black real estate agent and the other a white millionaire. For two new districts created to reflect Texas' soaring Hispanic population, they might be the representatives elected to Congress.
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Obama pledges no more wars unless "absolutely necessary"
28.05.2012 18:48 0 views 0 comments
 ARLINGTON, Virginia (Reuters) - President Barack Obama honored veterans on Monday by noting "the light of a new day" of having U.S. troops home from Iraq and returning soon from Afghanistan, while promising not to send soldiers back to war without a clear need. Obama did not mention tension with Iran and Syria in his remarks to veterans and military families at a hot, sunny Memorial Day ceremony, focusing instead on the wars started by his predecessor, George W. Bush, that he wound down as president. ...
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Obama honors fallen troops at Arlington Cemetery
28.05.2012 18:41 0 views 0 comments
President Barack Obama paid tribute Monday to the men and women who have died defending America, saying the country must strive "to be a nation worthy of your sacrifice."
Read more »
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Obama honors fallen troops at Arlington Cemetery
28.05.2012 18:41 0 views 0 comments
President Barack Obama paid tribute Monday to the men and women who have died defending America, saying the country must strive "to be a nation worthy of your sacrifice."
Read more »
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19 people killed in Qatar mall fire: Jazeera TV
28.05.2012 18:39 0 views 0 comments
DUBAI (Reuters) - The Qatar-based satellite network Al Jazeera said 19 people were killed, including 13 children, on Monday in a fire at an upscale mall in the Qatari capital. The blaze broke out at the Villagio Mall in Doha's west end. Smoke was billowing from the mall, which was evacuated. Ambulances and police vehicles blocked entry to the complex. The Gulf Arab state's ministry of interior was planning to hold a news conference about the fire on Monday evening. (Writing by Rania El Gamal; Editing by Mark Heinrich) Read more »
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