Connect to share and comment

France maintains 2013 GDP forecast, urges EU focus on growth

PARIS (Reuters) - France maintained its forecast of 0.1 percent growth this year after data on Wednesday showed its economy slid into recession in the first quarter. "I'm sticking to the (forecast) figures," French Finance Minister Pierre Moscovici told reporters. Moscovici said the government would press on with reforms and urged the European Union to focus its policies on growth rather than austerity. (Reporting by Ingrid Melander; Editing by Brian Love)

Iran says Reuters can reopen Tehran bureau

Iran has given Reuters news agency permission to reopen its Tehran bureau after work there was suspended in March 2012 over one of its video reports, a culture ministry official said on Saturday. "The court authorised Reuters to open its Tehran bureau," deputy culture minister Mohammad Jafar Mohammadzadeh told the ISNA news agency, without specifying when the decision was made. "Last week the ministry told Reuters it could restart its work in Iran," he added.

German economy on upward trend, should strengthen in 2013: government

BERLIN (Reuters) - The German economy resumed an upward trend in the first quarter of 2013 and this should strengthen as the year progresses, the economy ministry said in its monthly report. Industrial orders and manufacturing increased in February and March, domestic consumption looks to have risen and the labor market remains robust, the ministry added.

Union organizer shot dead in South Africa's restive platinum belt

By Ed Stoddard JOHANNESBURG (Reuters) - A militant South African union said on Sunday that one of its organizers had been shot dead in the platinum belt city of Rustenburg, a potential flashpoint at a time when tensions are running high with job cuts and wage talks looming. The Association of Mineworkers and Construction Union (AMCU), which poached tens of thousands of disgruntled workers last year from the dominant National Union of Mineworkers (NUM), said the unnamed organizer had been killed on Saturday.

Disputed premier to stay in Egypt reshuffle

CAIRO (Reuters) - Egyptian Prime Minister Hisham Kandil, widely criticised as colourless and ineffectual, will keep his job in a limited cabinet reshuffle to be announced within days, a presidential spokesman said on Wednesday. Spokesman Ehab Fahmy told a news conference: "It is a limited reshuffle and the prime minister is not included." Some members of the ruling Muslim Brotherhood have joined the secular, liberal and leftist opposition and hardline Salafist parties in criticising Kandil.

Instant View - "Bogus" AP tweet about White House sparks markets volatility

NEW YORK (Reuters) - Markets for stocks, bonds, oil and commodities were briefly roiled on Tuesday after a bogus report of explosions at the White House. Shortly after 1 p.m. (6:00 p.m. British time), U.S. government debt prices surged briefly and stocks fell sharply after a false tweet from the Associated Press said there had been two explosions at the White House and that President Barack Obama had been injured.

U.N. nuclear watchdog says Iran meeting set for mid-May

VIENNA (Reuters) - The U.N. nuclear watchdog said on Tuesday it will hold a new meeting with Iran on May 15 aimed at enabling its inspectors to resume a stalled investigation into suspected nuclear bomb research by the Islamic state. The International Atomic Energy Agency has been trying for more than a year to coax Iran into granting IAEA officials the access to sites, documents and officials they want for their inquiry. Tehran says its nuclear programme is entirely peaceful.

Canada thwarts "al Qaeda-backed" train plot, Iran denies role

By Euan Rocha and Alastair Sharp TORONTO (Reuters) - Canadian police have arrested two men and charged them with plotting to derail a Toronto-area passenger train in an operation that they say was backed by al Qaeda elements in Iran. "Had this plot been carried out, it would have resulted in innocent people being killed or seriously injured," Royal Canadian Mounted Police official James Malizia told reporters on Monday.
Syndicate content