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Potential successors to Cameron position themselves before close election

Yahoo - DRC - 2 hours 43 min ago

By Andrew Osborn BIRMINGHAM England (Reuters) - Eight months before a tight election, the three main contenders to succeed Prime Minister David Cameron as leader of the Conservatives wooed potential supporters at the party's annual conference with starkly different pitches. Cameron, 47, has repeatedly said he wants to lead his right-leaning party to victory in May 2015 and to secure a majority, so it can rule alone and not in a coalition as is now the case. ...

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Hong Kong in frame for Chinese minister's Washington visit

Yahoo - DRC - 2 hours 45 min ago
WASHINGTON (Reuters) - Chinese Foreign Minster Wang Yi was due in Washington on Tuesday, where he will hold talks with U.S. Secretary of State John Kerry that are expected to include the pro-democracy protests in Hong Kong. A Chinese diplomat said the aim of the visit would be to prepare for a summit between Chinese Premier Xi Jinping and U.S. President Barack Obama in Beijing in November. A U.S. official, who did not want to be identified, said the situation in Hong Kong would also be addressed at a meeting between Kerry and Yi on Wednesday. ...
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Iran does not see ground offensive in Syria by U.S., allies

Yahoo - DRC - 2 hours 47 min ago
BEIRUT (Reuters) - A senior Iranian official said on Tuesday he did not expect a ground offensive in Syria by a U.S.-led coalition that is mounting air strikes on Islamic State insurgents there. "There will not be an intention of a ground intervention because they failed in Iraq and Afghanistan, and we oppose any foreign intervention in the region by these states," Supreme National Security Council Director Ali Shamkhani said in a news conference televised from Damascus. His remarks were rendered into Arabic by a translator. (Writing by Tom Perry/Mariam Karouny; Editing by Mark Heinrich)
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Secret Service head takes heat for WH breach

Yahoo - DRC - 2 hours 47 min ago

WASHINGTON (AP) — Facing blistering criticism from Congress, Secret Service Director Julia Pierson acknowledged on Tuesday that her agency failed in executing its plan to protect the White House when a man with a knife entered the mansion and ran through half the ground floor before being subdued.

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From queens to superheroes, film costumes find Hollywood home

Yahoo - DRC - 2 hours 48 min ago
By Piya Sinha-Roy LOS ANGELES (Reuters) - Dorothy's famous ruby red slippers from "The Wizard of Oz" have found their way home again as one of the highlights in a new Hollywood exhibition that showcases iconic costumes in film. The Hollywood Costume exhibit, opening Thursday in Los Angeles and curated by the Academy of Motion Pictures Arts and Sciences and London's Victoria & Albert Museum (V&A), will house more than 150 costumes spanning decades of cinema. ...
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Dollar jumps, stocks set for worst quarter since 2012

Yahoo - DRC - 2 hours 53 min ago

By Chuck Mikolajczak NEW YORK (Reuters) - The dollar surged on Tuesday after weak euro zone inflation data for September raised expectations of new stimulus from the European Central Bank, while world stock markets were set for their largest quarterly drop in more than two years. The dollar hit a four-year high against a basket of major currencies, putting the greenback on track for its biggest quarterly gain in six years, and a two-year high against the euro after consumer prices in the euro zone rose 0.3 percent year-on-year, slowing from 0.4 percent annual increases in August and July. ...

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British jets launch their first attacks against Islamic State

Yahoo - DRC - 2 hours 55 min ago
LONDON (Reuters) - British Tornado fighter jets have launched their first attacks against Islamic State targets in Iraq since parliament approved combat operations last Friday, Defence Secretary Michael Fallon said on Tuesday. "They identified and attacked a heavy weapons position that was endangering Kurdish forces and they subsequently attacked an (IS) armed pick-up truck in the same area," he told the BBC. "Both Tornados have now returned safely to their base and the initial attack assesment is that both attacks were successful," he added. ...
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Hesitant Turkey seeks mandate for military action against Islamic State

Yahoo - DRC - 2 hours 58 min ago
By Nick Tattersall ISTANBUL (Reuters) - Turkey is likely to gain parliamentary approval for cross-border military operations in Syria and Iraq this week as Islamic State insurgents threaten its territory, but it will be hesitant to send in troops without an internationally-enforced no-fly zone. Turkish tanks and armoured vehicles took up positions on hills overlooking the besieged Syrian border town of Kobani on Monday as shelling by the Sunni Muslim militants intensified and stray fire hit Turkish soil. ...
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Secret Service: Internal investigation is ongoing

Yahoo - DRC - 2 hours 59 min ago
WASHINGTON (AP) — Secret Service Director Julia Pierson says even 11 days after an Army veteran jumped the fence and burst into the White House, she still hasn't concluded why officers and agents failed to follow security rules.
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U.N. chief urges respect for democratic principles in Hong Kong

Yahoo - DRC - 3 hours 17 sec ago
UNITED NATIONS (Reuters) - U.N. Secretary-General Ban Ki-moon urged on Tuesday that democratic principles be respected in Hong Kong, where tens of thousands of pro-democracy protesters have taken to the streets demanding greaters freedoms and less interference by Beijing. "He understands that this is a domestic matter, but urges all stakeholders to resolve any differences in a manner that is peaceful and safeguards democratic principles," U.N. spokesman Stephane Dujarric told reporters. (Reporting by Michelle Nichols)
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Catalonia suspends formal campaign on Spain independence vote

Yahoo - DRC - 3 hours 2 min ago

MADRID (Reuters) - Catalonia's regional government said on Tuesday it would temporarily suspend formal campaigning for a referendum on independence from Spain, after Madrid filed a legal appeal to stop the vote taking place. Madrid argues that the vote, called by Catalan leader Artur Mas for Nov. 9, would breach Spain's rule of law because it would be held in Catalonia alone, rather than in the whole of Spain. It filed an appeal on Monday with the Constitutional Court to stop it going ahead, which Catalan officials now want to try and overturn. ...

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UK's St. James's Place replaces Pimco on multi asset fund

Yahoo - DRC - 3 hours 5 min ago
NEW YORK (Reuters) - British wealth manager St. James's Place has replaced Pimco as the manager of its Multi Asset fund, less than a week after the resignation of Pimco's Chief Investment Officer, Bill Gross, roiled global fixed income markets. The Multi Asset fund will now be run by three new investment managers, St. James's Place said in a statement on Monday, including teams from Invesco Perpetual, Schroders and U.S.-based Payden & Rygel. Pimco manages a total of £944 million for St. James's Place in a multi asset strategy, split among life, pension, unit trust and international funds. ...
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Cautious clients keep hopes low for investment banking

Yahoo - DRC - 3 hours 6 min ago

By Steve Slater LONDON (Reuters) - Political troubles in Russia and the Middle East added to a summer slowdown in trading activity and is likely to leave third quarter revenues for investment banks down from the previous three months, bankers and analysts said. Investment bank revenues can be one of the most volatile aspects of bank earnings. Banks are likely to cut more jobs and pare back businesses in any areas that remain weak in an effort to save costs. ...

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Ramsey out for a month but Wilshere eases Wenger's injury pain

Yahoo - DRC - 3 hours 6 min ago

By Ian Chadband LONDON (Reuters) - Arsenal will lose Aaron Ramsey for a month amid their injury crisis but manager Arsene Wenger revealed with relief that another key midfielder, Jack Wilshere, is fit to play a part in Wednesday's Champions League fixture against Galatasaray. As he reiterated the extent of Arsenal's current injury woes at a news conference on Tuesday, Wenger confirmed he would have to do without Ramsey and captain Mikel Arteta, both injured against Tottenham on Saturday, and Abou Diaby, returning from long-term injury, for the Group D game. ...

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EU says Ireland swapped Apple tax deal for jobs

Yahoo - DRC - 3 hours 12 min ago

By Julia Fioretti and Tom Bergin BRUSSELS/LONDON (Reuters) - The European Union has accused Ireland of swerving international tax rules by letting Apple shelter profits worth tens of billions of dollars from revenue collectors in return for maintaining jobs. European Competition Commissioner Joaquin Almunia told the Dublin government in a letter published on Tuesday that tax deals agreed in 1991 and 2007 amounted to state aid and may have broken EU laws. ...

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Hong Kong protesters stockpile supplies, fear fresh police advance

Yahoo - DRC - 3 hours 14 min ago

By Charlie Zhu and Donny Kwok HONG KONG (Reuters) - Tens of thousands of pro-democracy protesters filled the streets of Hong Kong late on Tuesday, stockpiling supplies and erecting makeshift barricades ahead of what some fear may be a push by police to clear the roads before Chinese National Day. On the eve of Wednesday's anniversary of the Communist Party's foundation of the People's Republic of China in 1949, crowds poured into central districts of the Asian financial hub, near where National Day festivities are scheduled to take place. ...

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Wife of Briton held by Islamic State calls for his release

Yahoo - DRC - 3 hours 18 min ago
LONDON (Reuters) - The wife of a British aid worker being held by Islamic State insurgents made a renewed appeal for his release on Tuesday, a week after receiving an audio message from her husband. Alan Henning, 47, was part of an aid convoy taking medical supplies to a hospital in northwest Syria in December last year when it was stopped by gunmen and he was abducted. He appeared in a video released by IS earlier this month, which showed the murder of another Briton, David Haines. ...
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Secret Service: White House intruder posed threat

Yahoo - DRC - 3 hours 20 min ago
WASHINGTON (AP) — Secret Service Director Julia Pierson acknowledged to Congress that an Army veteran who jumped the White House fence and made his way into the executive mansion was a threat.
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Euro zone inflation slows in September, weakens euro vs dollar

Yahoo - DRC - 3 hours 22 min ago

By Jan Strupczewski BRUSSELS (Reuters) - Euro zone inflation slowed again in September as some food and energy prices fell, a first estimate showed, reinforcing expectations the ECB will ease policy further and sending the euro to a two-year low. Eurostat said on Tuesday that consumer prices in the 18 countries sharing the euro rose 0.3 percent year-on-year, less than the 0.4 percent increases seen in August and July. The September reading was in line with market forecasts. The European Central Bank wants to keep headline inflation at just under 2 percent over the medium term. ...

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Britain's Daily Mail website hires Piers Morgan as U.S. editor-at-large

Yahoo - DRC - 3 hours 27 min ago

By Sarah Young LONDON (Reuters) - MailOnline, the website of Britain's Daily Mail tabloid, has hired Piers Morgan as its U.S. editor-at-large, signing the outspoken journalist to the most visited, and often controversial, English-language newspaper website. MailOnline, owned by Daily Mail and General Trust and known for its articles and photographs of celebrities, said on Tuesday that Morgan would write several times a week and would start immediately. ...

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