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Moroccan man dies inside suitcase while traveling to Spain

A Moroccan man suffocated to death in a suitc…

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Dozens injured in crane collapse in the Netherlands

Dozens were injured after two cranes collapse…

  • RBS Shares Sold At £1bn Loss After Seven Years
    RBS Shares Sold At £1bn Loss After Seven Years 7 minutes ago

    The Government has disposed of roughly 5.4% of its stake in Royal Bank of Scotland (RBS) for £2.1bn - a loss of around £1bn to taxpayers. The overall size of HM Treasury's … More »RBS Shares Sold At £1bn Loss After Seven Years

    RBS Shares Sold At £1bn Loss After Seven Years

    The Government has disposed of roughly 5.4% of its stake in Royal Bank of Scotland (RBS) for £2.1bn - a loss of around £1bn to taxpayers. The overall size of HM Treasury's economic interest in RBS has been reduced from approximately 78.3% to approximately 72.9%. Monday's sale of 333,000 shares at 330p each is far short …

  • Toyota's quarterly profit rises 10 pct on cheap yen, cost cuts, despite fewer vehicle sales 8 minutes ago

    TOKYO - Toyota's profit for April-June rose 10 per cent on perks from a cheap yen and cost reduction efforts that offset lower vehicle sales. More »Toyota's quarterly profit rises 10 pct on cheap yen, cost cuts, despite fewer vehicle sales

    TOKYO - Toyota's profit for April-June rose 10 per cent on perks from a cheap yen and cost reduction efforts that offset lower vehicle sales.

  • German automaker BMW sees net profit slip as it incurs costs to launch new models 12 minutes ago

    FRANKFURT - German luxury automaker BMW AG saw net profit slip 1 per cent in the second quarter amid higher launch costs for new vehicles as key models approach the end … More »German automaker BMW sees net profit slip as it incurs costs to launch new models

    FRANKFURT - German luxury automaker BMW AG saw net profit slip 1 per cent in the second quarter amid higher launch costs for new vehicles as key models approach the end of their life cycle, the company ...

  • UK's sale of RBS shares was 2.4 times covered: source 21 minutes ago

    LONDON (Reuters) - The UK government's sale of shares in Royal Bank of Scotland on Monday was 2.4 times covered by potential investors, a person familiar with the … More »UK's sale of RBS shares was 2.4 times covered: source

    LONDON (Reuters) - The UK government's sale of shares in Royal Bank of Scotland on Monday was 2.4 times covered by potential investors, a person familiar with the matter said.

  • A customer holds a nozzle to fill up his tank in a gasoline station in Nice
    Oil prices edge up after 5 percent fall, but outlook weak 21 minutes ago

    Oil prices edged up on Tuesday, following a 5 percent drop in the previous session, as high global production and a weakening economic outlook in Asia prompted analysts … More »Oil prices edge up after 5 percent fall, but outlook weak

    A customer holds a nozzle to fill up his tank in a gasoline station in Nice

    Oil prices edged up on Tuesday, following a 5 percent drop in the previous session, as high global production and a weakening economic outlook in Asia prompted analysts to warn of further falls. Oil output by the Organization of the Petroleum Exporting Countries (OPEC) reached the highest monthly level in recent history …

  • The logo of Hyundai Motor Co. is seen on a wheel of a car at a Hyundai dealership in Seoul

    South Korea's Hyundai Motor Co <005380.KS> cut the price of two sport-utility vehicle (SUV) models in China by as much as 11.8 percent, the company said on Tuesday, the latest carmaker to do so as a sales slowdown grips the world's largest auto market. Hyundai said the price cuts of up to 30,000 yuan ($4,832) on the larger …

  • By Colin Packham SYDNEY (Reuters) - An El Nino is now well established and continues to strengthen, the Australian Bureau of Meteorology (BOM) said, with models indicating that sea-surface temperature anomalies in the central Pacific Ocean are set to climb to the highest in 19 years. The El Nino, marked by a warming of …

  • Malaysia's Prime Minister Najib Razak arrives at the 48th ASEAN foreign ministers meeting in Kuala Lumpur, Malaysia

    A senior member of Najib's party also broke ranks over the scandal, suggesting that the prime minister's moves to oust dissenters from positions of power and effectively delay a probe into the fund had failed to put his government out of danger. On Monday, the Anti-Corruption Commission acknowledged that 2.6 billion ringgit …

  • RBS Shares Sold At £1bn Loss After Seven Years

    After seven years the government has begun selling its stake in RBS (LSE: RBS.L - news) . The overall size of HM Treasury's economic interest in RBS will be reduced from approximately 78.3% to approximately 72.9%. George Osborne's argument is that the bank was never bailed out with a view of making a profit but was instead …

  • By Michael Martina BEIJING (Reuters) - Some of the 109 Uighurs returned to China from Thailand last month attacked Thai and Chinese police while being taken aboard a flight back to Xinjiang, as they believed they would be executed on their return, Xinjiang's government said on Tuesday. Hundreds, possibly thousands, of …

  • A visitor walks between Toyota Motor Corp's cars displayed at the company's showroom in Tokyo

    By Minami Funakoshi TOKYO (Reuters) - Toyota Motor Corp posted a third straight year of record first-quarter net profit on Tuesday, easily beating analyst estimates, as costs cuts and currency gains made up for slightly weaker vehicle sales. April-June profit jumped 10 percent to 646.39 billion yen ($5.22 billion) versus …

  • City Trader Guilty Of Fixing Libor Rate

    A city trader has been sentenced to 14 years in jail for fixing the rates of interest at which banks lend to each other - the so-called Libor rate. Tom Hayes had been accused of eight counts of conspiracy to defraud between 2006 and 2010 for setting the rate on which trillions of dollars of financial deals are based.  …

  • Kerry pushes Asia trade agreement in Singapore before regional security meeting in Malaysia

    SINGAPORE - U.S. Secretary of State John Kerry called Tuesday for countries negotiating a major Pacific Rim trade deal to overcome differences that have stalled its conclusion.

  • TSE employee looks at monitors at the Tokyo Stock Exchange in Tokyo

    Asian shares extended gains on Tuesday, shrugging off downbeat economic data overnight that had pressured Wall Street, focusing instead on a key U.S. jobs report that could give valuable pointers to the timing of the Federal Reserve's planned interest rate increase. Crude oil prices firmed after plunging overnight, with …

  • A woman points to a job listing on an employment website

    By Ann Saphir SAN FRANCISCO(Reuters) - Steve Gutmann used to have a basement that he never used. His Honda Civic sat idle in front of his Portland, Ore. house.  Now strangers use Getaround.com to book Gutmann’s $6-an-hour car for errands and travelers stay in his newly refurbished basement apartment, listed at $115 a night …