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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 - 4 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 - 16 mins ago

      CAIRO/BEIRUT (Reuters) - The Arab League suspended its monitoring mission in Syria on Saturday because of worsening violence, a move Damascus said was an attempt to draw foreign intervention as it struggles to quell a 10-month … 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 because of worsening violence, a move Damascus said was an attempt to draw foreign intervention as it struggles to quell a 10-month revolt against President Bashar al-Assad's rule. The Arab League took the decision days after …

    • A Greek national flag flies at the archaeological site of the Acropolis Hill in Athens
      Germany wants Greece to give up budget control Reuters - 6 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 45 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 €130 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.

    • 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 first big welcome-home parade in the U.S. for Iraq War veterans.

    • A santera looks back while crossing the street where a wall is covered with a mural of the Cuban flag and an image of Cuba's revolutionary hero Ernesto "Che" Guevara in Havana, Cuba, Friday Jan. 27, 2012. After economic reforms by President Raul Castro were endorsed by the communist congress in mid-2011, the Communist Party of Cuba (PCC) is preparing to hold a party conference this weekend. (AP Photo/Franklin Reyes)

      Cuba's Communist Party opened a two-day conference Saturday to hold an internal debate on the future of the party, the possibility of political term limits and perhaps even a change or two at the top.

    • 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)

      Investigators have been analyzing blood found in the basement of a Maine home where a missing toddler was last seen six weeks ago, an official said Saturday.

    • FILE - In this June 7, 2010, file photo, Apple CEO Steve Jobs smiles with a new iPhone at the Apple Worldwide Developers Conference in San Francisco. In the white-hot competition for tech talent, some workers are alleging Silicon Valley's top companies conspired to keep employees from switching teams. A federal class-action suit claims that senior executives at Google, Intel, Adobe, Intuit, Lucasfilm, Pixar and Apple entered into secret anti-poaching agreements not to hire each other's best workers. And plaintiffs say e-mails uncovered during a U.S. Justice Department investigation put Steve Jobs at the center of the alleged conspiracy of so-called "gentlemen's agreements." The defendants say there was no conspiring, just one-to-one pacts between individual companies in the course of doing business and collaborating on innovative products. Apple is seeking to have the case thrown out. (AP Photo/Paul Sakuma, File)

      In Silicon Valley's white-hot competition for tech talent, programmers can face a daily barrage of calls from recruiters seeking to woo them to rival companies with offers of better pay and perks.

    • In this photo taken Jan.  27, 2012, women shop for bikinis at a store in Rio de Janeiro, Brazil. A growing number of bikini manufacturers have woken up to Brazil's thickening waistline and are reaching out to the ever-expanding ranks of heavy women with new plus-size lines. (AP Photo/Felipe Dana)

      Tall and tan and young and ... chunky?

    • 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.

    • Sue Paterno, center, wife of former Penn State football coach Joe Paterno, consoles her grandson as they leave a memorial service for Joe at Penn State's Bryce Jordan Center in State College, Pa., Thursday Jan. 26, 2012. A capacity crowd of more than 12,000 packed the Bryce Jordan Center for one more tribute to Paterno, the Hall of Fame football coach who died Sunday from lung cancer.  (AP Photo/Gene J. Puskar)

      For decades, Joe Paterno was the public face of Penn State. For almost as long, his near-constant companion, wife Sue, seemingly wielded as much influence.

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