VIDEO: Ikea probes forced labour claims

VIDEO: Ikea probes forced labour claims

VIDEO: Ikea probes forced labour claims

Posted: 02 May 2012 06:45 PM PDT

Ikea is investigating claims it used forced labour in former East Germany to make its furniture during the 1970s and 1980s.


US says it's still trying to help Chinese activist

Posted: 02 May 2012 10:52 PM PDT

In this photo released by the US Embassy Beijing Press Office, blind lawyer Chen Guangcheng is wheeled into a hospital by U.S. Ambassador to China Gary Locke, right, and an unidentified official at left, in Beijing Wednesday May 2, 2012. (AP Photo/US Embassy Beijing Press Office, HO)U.S. officials said Thursday they are still trying to help a blind Chinese activist who says he fears for his family's safety, and denied he was pressured to leave the American Embassy to resettle inside China.

VIDEO: Gingrich suspends presidency bid

Posted: 02 May 2012 10:21 PM PDT

Newt Gingrich has officially ended his bid for the Republican nomination but he did not immediately endorse his rival Mitt Romney.


VIDEO: France parties try to regain trust

Posted: 02 May 2012 11:13 PM PDT

French President Nicolas Sarkozy and his challenger Francois Hollande have traded insults in their only TV debate of the election campaign.


The Global Mobile Advertising Revolution Has Arrived

Posted: 02 May 2012 10:20 PM PDT

Guest post written by Anne Frisbie Anne Frisbie is VP and managing director for North America of InMobi. The start of the mobile revolution has been declared many times, but now, the numbers add up. In just three years, mobile devices have overcome the PC and established a new, medium for communications. To put things ...


Spanish borrowing costs to jump at auction, bank buying eyed

Posted: 02 May 2012 11:15 PM PDT

Traders look at screens during trading at the Madrid bourseMADRID (Reuters) - Spain's borrowing costs are set to rise by more than a percentage point at an auction of three- and five-year bonds on Thursday, with markets watching for signs that its troubled banks are losing their appetite for the country's debt. The sale is the first since Standard and Poor's cut Spain's credit rating by two notches to BBB+ last week and follows data showing the economy has slid into its second recession since late 2009. ...

China, Japan, South Korea to boost investment in each others' bonds

Posted: 02 May 2012 10:59 PM PDT

A Chinese investor monitors share prices at a securities company in ShanghaiMANILA (Reuters) - China, Japan and South Korea agreed on Thursday to boost cross-investment in government bond markets, worth nearly a combined $15 trillion, in a move that will better prepare the countries to protect their financial markets from external shocks. The three economic powers sought a formal agreement, a rare one on securities investment, to ease mutual concerns about possibly massive cross-border fund flows and because their capital markets are at different levels of development. ...

Spanish borrowing costs to jump at auction, bank buying eyed

Posted: 02 May 2012 11:15 PM PDT

MADRID (Reuters) - Spain's borrowing costs are set to rise by more than a percentage point at an auction of three- and five-year bonds on Thursday, with markets watching for signs that its troubled banks are losing their appetite for the country's debt.

Mourinho's Real Madrid win Spanish title

Posted: 02 May 2012 03:54 PM PDT

Real claim their first Spanish title in four years as Jose Mourinho secures another accolade under his bulging belt.


Baby Boomers: America's Hottest Group Of New Entrepreneurs

Posted: 02 May 2012 09:56 PM PDT

Guest post written by Gene Zaino Gene Zaino is CEO of??MBO Partners. Aging in America has changed - and I for one, think it's for the better. We are living and working longer and feeling good while doing it. Was it Oprah who first said, "50 is the new 40?" I see it at MBO ...


China, Japan, South Korea to boost investment in each others' bonds

Posted: 02 May 2012 10:59 PM PDT

MANILA (Reuters) - China, Japan and South Korea agreed on Thursday to boost cross-investment in government bond markets, worth nearly a combined $15 trillion, in a move that will better prepare the countries to protect their financial markets from external shocks.

US envoy says activist not forced to leave embassy

Posted: 02 May 2012 09:36 PM PDT

In this photo released by the US Embassy Beijing Press Office, blind lawyer Chen Guangcheng is wheeled into a hospital by U.S. Ambassador to China Gary Locke, right, and an unidentified official at left, in Beijing Wednesday May 2, 2012. (AP Photo/US Embassy Beijing Press Office, HO)The U.S. ambassador to China says the blind activist caught in a struggle between Washington and Beijing after taking refuge in the U.S. Embassy was not forced to leave the diplomatic building.

Chinese dissident Chen seeks US exile deal

Posted: 02 May 2012 11:24 PM PDT

As Clinton presses China on rights, plea by activist who sought refuge at US embassy overshadows high-level talks.


VIDEO: Clinton: 'Do not deny aspirations'

Posted: 02 May 2012 08:32 PM PDT

US Secretary of State Hillary Clinton has told China that it cannot deny the aspirations of its citizens, during a news conference at the start of high-level trade and security talks between the two countries in Beijing.


Nepal PM to form new consensus government

Posted: 02 May 2012 08:54 PM PDT

In a last-ditch effort to finish years of work on Nepal's new constitution, Prime Minister Baburam Bhattarai will dissolve his Cabinet and form a new coalition government that includes members of the main opposition parties, an aide said Thursday.


US-China talks overshadowed by activist's plight

Posted: 02 May 2012 08:30 PM PDT

U.S. Secretary of State Hillary Rodham Clinton, left, stands with Chinese President Hu Jintao during the opening ceremony of the U.S.- China Strategic and Economic Dialogue at the Diaoyutai state guesthouse in Beijing Thursday, May 3, 2012. (AP Photo/Vincent Thian)Secretary of State Hillary Rodham Clinton told China on Thursday that it must protect human rights, in remarks that rejected Beijing's criticism of the U.S. for getting involved in the case of a blind dissident whose fate overshadowed the opening of annual talks between the powerful countries.

Hollande stands firm in French presidential debate

Posted: 02 May 2012 05:39 PM PDT

A wall screen shows the televised debate between Socialist Party candidate for the presidential election Francois Hollande and current President and conservative rival for re-election, Nicolas Sarkozy, at the TF1 television studio, in Boulogne-Billancourt, outside Paris, Wednesday, May 2, 2012. The prime-time debate between conservative incumbent Sarkozy and his leftist challenger Hollande is billed in newspaper headlines Wednesday as French President Nicolas Sarkozy failed to deliver a knockout blow against leftist front-runner Francois Hollande in their only head-to-head debate in France's presidential campaign, the last major hurdle just four days before Sunday's election finale.

Philippines erects wall to obscure view of slums

Posted: 02 May 2012 08:26 PM PDT

Protesters display placards during a rally coinciding with the 45th Annual Meeting of the Board of Governors of the Asian Development Bank Wednesday, May 2, 2012, in Manila, Philippines. The protesters were rallying against the bank's alleged role in the privatization of energy and water sectors and in pushing coal and other dirty technologies in Asia and the Pacific. (AP Photo/Pat Roque)Delegates attending an international conference in the Philippines capital may not see what they came to discuss: abject poverty.

Ex-junta prisoner, Suu Kyi takes office in Myanmar

Posted: 02 May 2012 08:07 PM PDT

Myanmar opposition leader Aung San Suu Kyi, left, shakes hands with Htay Oo, right, general secretary of Union Solidarity and Development party headed by President Thein Sein, as she attends a regular session of Myanmar Lower House in Naypyitaw, Myanmar, Wednesday, May 2, 2012. Suu Kyi was sworn in to Myanmar's military-backed parliament Wednesday, taking public office for the first time since launching her struggle against authoritarian rule nearly a quarter century ago. (AP Photo/Khin Maung Win)Aung San Suu Kyi capped a tenacious, decades-long journey from political prisoner to office holder in long-repressed Myanmar as the country's main opposition party moved its struggle for democratic rule inside government for the first time.

Clinton Urges China to Protect Human Rights

Posted: 02 May 2012 10:28 PM PDT

At the opening of high-level U.S.-China talks, Secretary of State Clinton urged China to protect human rights, as questions multiplied over the Chen Guangcheng case.


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