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    Glencore, Xstrata agree changes on merger deal

    LONDON (AP) —

    Commodities trader Glencore International and takeover target Xstrata have agreed on revised terms for paying retention bonuses for Xstrata executives.

    The issue had stirred opposition among some shareholders, but the deal now also faces opposition from a major Xstrata shareholder who is demanding a bigger price.

    Xstrata announced Wednesday that retention bonuses would be paid only if cost synergies exceed the previous estimate of $50 million a year. Glencore said it accepts the amended terms.

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    • Cycling-Road-Giro d'Italia points classification after stage 18

      May 23 (Infostrada Sports) - Points Classification Giro d'Italia after Stage 18 on Thursday 1. Mark Cavendish (Britain / Omega Pharma - Quick-Step) 113 2. Cadel Evans (Australia / BMC Racing) 109 3. Vincenzo Nibali (Italy / Astana) 103 4. Carlos Betancur (Colombia / AG2R) 94 5. Mauro Santambrogio (Italy / Vini Fantini) 89 6. Giovanni Visconti (Italy / Movistar) 86 7. Rigoberto Uran (Colombia / Team Sky) 86 8. Elia Viviani (Italy / Cannondale) 72 9. Ramunas Navardauskas (Lithuania / Garmin) 65 10. Giacomo Nizzolo (Italy / RadioShack) 61

    • Motor racing-Pirelli warn they could quit F1

      By Alan Baldwin MONACO, May 23 (Reuters) - Formula One tyre supplier Pirelli warned teams on Thursday that they will quit the sport at the end of the season if a new contract from 2014 is not agreed soon. Motorsport director Paul Hembery did not hide his impatience when he told reporters at the Monaco Grand Prix that time was running out for the Italian company to design and test tyres suitable for radically different 2014 regulations. "Apparently on Sept. 1 we are meant to tell them (the teams) everything that they need to know for the tyres for next season. ...

    • Stockholm is burning: Why the Swedish riots bode ill for Europe

      Rampaging immigrant youths have upended the country's reputation as a prosperous refuge

    • Dog Found Standing Guard Over a Tornado Victim Reunited With Her Owner

      There's a happy ending to the story of a dog, found alive in the rubble after a massive tornado devastated Moore, Oklahoma: she's been reunited with her owner.

    • 2 charged in slayings of 6 on Tenn.-Ala. border

      FAYETTEVILLE, Tenn. (AP) — Authorities say two men have been charged in six killings, including a toddler and unborn baby, near the Tennessee-Alabama border last fall during a dispute over drug dealing.

    • London Terror Attack: Names, Family Tragedy and Deepening Mystery

      The whole world witnessed the aftermath of the suspected May 22 terror attack in London. Bystanders filmed and photographed the body of a man, lying in a suburban street, as his apparent killers, not fleeing but seeming to flaunt their work, remained at the scene. But despite this immediacy, the key, human details were missing. Investigators are still a long way from piecing together exactly what happened and why, but details are emerging about the suspects—and the victim. The man so brutally targeted was a soldier, 25-year-old Drummer Lee Rigby. ...

    • Sadly, you are uglier than you think

      At least according to one new study

    • Pilots in fatal Alaska crash on different signals

      ANCHORAGE, Alaska (AP) — The National Transportation Safety Board says the pilots involved in a midair collision in Alaska that killed a family of four apparently were communicating on different radio frequencies before the crash.

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