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    Sanctions to hit EU buyback firms: Iran oil chief

    TEHRAN (Reuters) - European companies owed oil by Iran could lose out if Tehran imposes a ban on crude exports to the European Union next week, the head of Iran's state oil company said on Saturday. Iran's parliament is due to debate a bill on Sunday that would cut off oil supplies to the EU in a matter of days, in revenge for a decision last Monday by the 27 EU member states to stop importing crude … More »Sanctions to hit EU buyback firms: Iran oil chief

    An advertisement for The Sun newspaper is seen on a billboard outside News International's Wapping headquarters in London

    LONDON (Reuters) - Police arrested four current and former staff of Rupert Murdoch's … More »UK police arrest Murdoch tabloid staff

    (Reuters) - Top Goldman Sachs Group Inc executives received previously restricted stock awards … More »Goldman executives get access to restricted stock

    • A pedestrian walks past an RBS branch in the City of London
      Bankers resist regulatory restraint on bonuses Reuters - 3 hrs ago

      DAVOS, Switzerland (Reuters) - Budding bankers expecting the bumper bonuses of years gone by will have to think again, with only the top performers likely to be paid top dollar. Business leaders and bankers at the annual … More »Bankers resist regulatory restraint on bonuses

      A pedestrian walks past an RBS branch in the City of London

      DAVOS, Switzerland (Reuters) - Budding bankers expecting the bumper bonuses of years gone by will have to think again, with only the top performers likely to be paid top dollar. Business leaders and bankers at the annual Davos forum were largely dismissive of attempts to cap or restrict compensation in the financial services …

    • Boys hold toy weapons in protest against Syria's President Bashar al-Assad after Friday prayers in Hula near Homs
      Arab League suspends Syria mission as violence rages Reuters - 2 hrs 31 mins ago

      CAIRO/BEIRUT (Reuters) - The Arab League suspended its monitoring mission in Syria on Saturday due to deteriorating conditions in the country, as state security forces battled rebels holding three suburbs just outside the … More »Arab League suspends Syria mission as violence rages

      Boys hold toy weapons in protest against Syria's President Bashar al-Assad after Friday prayers in Hula near Homs

      CAIRO/BEIRUT (Reuters) - The Arab League suspended its monitoring mission in Syria on Saturday due to deteriorating conditions in the country, as state security forces battled rebels holding three suburbs just outside the capital Damascus. The decision comes days after the Arab League called for President Bashar al-Assad …

    • A Greek national flag flies at the archaeological site of the Acropolis Hill in Athens
      Germany wants Greece to give up budget control Reuters - 5 hrs ago

      BERLIN (Reuters) - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday. "There … More »Germany wants Greece to give up budget control

      A Greek national flag flies at the archaeological site of the Acropolis Hill in Athens

      BERLIN (Reuters) - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday. "There are internal discussions within the Euro group and proposals, one of which comes from Germany, on how …

    • The head of the International Monetary Fund (IMF) Lagarde attends a session at the World Economic Forum (WEF) in Davos
      IMF leads global push for euro zone to boost firewall Reuters - 2 hrs 20 mins ago

      DAVOS, Switzerland (Reuters) - International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying "if it is big enough it will not get used." Lagarde, … More »IMF leads global push for euro zone to boost firewall

      The head of the International Monetary Fund (IMF) Lagarde attends a session at the World Economic Forum (WEF) in Davos

      DAVOS, Switzerland (Reuters) - International Monetary Fund chief Christine Lagarde led a global push on Saturday for the euro zone to boost its financial firewall, saying "if it is big enough it will not get used." Lagarde, supported by the British finance minister, George Osborne, said the IMF could boost its support for …

    • MAIDUGURI, Nigeria (Reuters) - Nigeria's army killed 11 suspected Boko Haram insurgents during a gun battle at a checkpoint in the Islamist sect's heartland of Maiduguri on Saturday, the field operations officer in the remote northeastern city said. Nigerian forces are reeling from a sharp uptick of increasingly sophisticated …

    • ADDIS ABABA (Reuters) - Sudan said on Saturday it would free tankers carrying cargoes of South Sudanese crude it had seized earlier this month, in a push to defuse a row over transit fees between former civil war foes that both depend on oil for almost all their income. Landlocked South Sudan, which became independent in …

    • U.S. Republican presidential candidate and former Speaker of the House Gingrich speaks during the Hispanic Leadership Network conference in Doral, Florida.

      MIAMI (Reuters) - Newt Gingrich struggled to regain momentum in the Republican presidential race on Friday as two new polls showed him falling behind rival Mitt Romney, who was seen as the winner of the final debate before the Florida primary. The White House contenders courted Florida's sizable Hispanic vote, many of them …

    • This citizen journalism image provide by the Local Coordination Committees in Syria and released early Friday Jan. 27, 2012, purports to show a Syrian man, right, mourning over the dead body of his son, who was shot by the Syrian forces, in Idlib province, Syria, on Thursday Jan. 26, 2012. A "terrifying massacre" in the restive Syrian city of Homs has killed more than 30 people, including small children, in a barrage of mortar fire and attacks by armed forces loyal to President Bashar Assad, activists said Friday. (AP Photo/Local Coordination Committees in Syria) EDITORIAL USE ONLY, NO SALES, THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTO

      The Arab League halted its observer mission in Syria on Saturday because of escalating violence that killed nearly 100 people the past three days, as pro-Assad forces battled dissident soldiers in a belt of suburbs on the eastern edge of Damascus in the most intense fighting yet so close to the capital.

    • Charles Dallara, left and Jean Lemiere from the Institute of International Finance leave Maximos Mansion after meeting Greek Prime Minister Lucas Papademos and Greek Finance Minister Evangelos Venizelos in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)

      Greece and its private investors are close to a deal that will significantly reduce the country's debt and pave the way for it to receive a much-needed euro130 billion ($170 billion) bailout.

    • Republican presidential candidate, former Massachusetts Gov. Mitt Romney, campaigns at the Fish House in Pensacola, Fla., Saturday, Jan. 28, 2012. (AP Photo/Charles Dharapak)

      Just how rich is Mitt Romney? Add up the wealth of the last eight presidents, from Richard Nixon to Barack Obama. Then double that number. Now you're in Romney territory.

    • International Monetary Fund, IMF, managing director Christine Lagarde shows her bag as she speaks during a session at the World Economic Forum in Davos, Switzerland, Saturday, Jan. 28, 2012.   (AP Photo/Michel Euler)

      The head of the International Monetary Fund appeared to be making headway Saturday in her drive to boost the institution's financial firepower so that it can help Europe prevent its crippling debt crisis from further damaging the global economy.

    • FILE - This undated file photo obtained from a Facebook page shows missing toddler Alya Reynolds. Investigators say they've found blood inside the Maine home where a toddler was reported missing six weeks ago. State police spokesman Steve McCausland said the blood was found in the basement early in the investigation into Ayla Reynolds' disappearance from her father's home in Waterville. The father, Justin DiPietro, said Ayla was missing from her bed when he checked on her the morning of Dec. 17. (AP Photo/obtained from Facebook, File)

      Maine State Police investigators have been analyzing blood that was found in the home where a toddler was reported missing six weeks ago, an official said Saturday.

    • Stephanie King holds a picture of her uncle, Col. Stephen Scott who was killed in Iraq in 2008, as she prepares to participate in a parade to honor Iraq War veterans Saturday, Jan. 28, 2012, in St. Louis. Thousands turned out to watch the first big welcome home parade in the U.S. since the last troops left Iraq in December. (AP Photo/Jeff Roberson)

      Thousands of people lining downtown streets cheered wildly as veterans, some wiping away tears, marched through St. Louis on Saturday during the nation's first big welcome-home parade for Iraq War veterans.

    • FILE - In this Saturday, Dec. 24, 2011 file photo, Yemen's President Ali Abdullah Saleh speaks to reporters during a news conference at the Presidential Palace in Sanaa, Yemen. Yemen's President's office says Yemeni leader Saleh has arrived in London en route to the U.S. (AP Photo/Mohammed Hamoud, File)

      Yemeni President Ali Abdullah Saleh headed to the United States on Saturday for medical treatment, his spokesman said, the latest stage in an effort to distance him from his country's policies to help ease a transition from his rule.

    • Greek Prime Minister Lucas Papademos, left, and Greek Finance Minister  Evangelos Venizelos leave  Maximos Mansion after a meeting Charles Dallara and Jean Lemiere from the Institute of International Finance  in Athens on Saturday Jan. 28 2012. Talks between Greece and private creditors on halving the country's privately held debt load have ended and a deal is very close, according to the creditors' representatives. (AP Photo)

      Germany is proposing that debt-ridden Greece temporarily cede sovereignty over tax and spending decisions to a powerful eurozone budget commissioner before it can secure further bailouts, an official in Berlin said Saturday.

    • Singer Etta James's picture is seen next to her casket during a funeral, Saturday, Jan. 28, 2012, at Greater Bethany Community Church City of Refuge in Gardena, Calif. James died last Friday at age 73 after battling leukemia and other ailments, including dementia. She was most famous for her classic "At Last," but over her decades-long career, she became revered for her passionate singing voice. (AP Photo/Ringo H.W. Chiu)

      Hundreds of Etta James' friends, fans and family gathered Saturday at a Los Angeles-area church to remember the legendary rhythm and blues singer who died this month.

    • New York Giants defensive end Justin Tuck speaks to reporters after NFL football practice Friday, Jan. 27, 2012, in East Rutherford, N.J. The Giants are scheduled to face the New England Patriots in Super Bowl XLVI on Feb. 5 in Indianapolis. (AP Photo/Bill Kostroun)

      Defense for the New York Giants starts with the front four.

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