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Wednesday, May 29, 2013

Morning Digest: Improving U.S., rebounding Japan can't stop OECD cutting world growth forecast

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05/29/2013
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Improving U.S., rebounding Japan can't stop OECD cutting world growth forecast
PARIS (Reuters) - The recession-hit euro zone will fall further behind a generally improving United States and a rebounding Japan this year, the OECD said on Wednesday, cutting its global growth forecasts..
U.S. drone kills Pakistan Taliban number 2: security officials
PESHAWAR, Pakistan (Reuters) - A U.S. drone strike killed the number two of the Pakistan Taliban in the North Waziristan region on Wednesday, three security officials said, in what would be a major blow in the fight against militancy..
Shares, bonds slide as data fans Fed uncertainty
LONDON (Reuters) - European shares and bonds fell across the board on Wednesday as robust U.S. economic data fanned speculation the Federal Reserve may soon begin tapering back its bond-buying program..
Google goes Hollywood with 'The Internship'
LOS ANGELES/ SAN FRANCISCO (Reuters) - When "The Internship," a comedy starring Vince Vaughn and Owen Wilson, hits movie theaters on June 7, Google will be taking more than a little interest in how the film is received..
We made no mistakes in Armstrong affair, says UCI head
ST PETERSBURG, Russia (Reuters) - The International Cycling Union (UCI) was fault free in their handling of the Lance Armstrong doping affair that severely tarnished the sport's reputation and triggered harsh criticism of the federation, UCI president Pat McQuaid said..
U.S. accuses currency exchange of laundering $6 billion
NEW YORK (Reuters) - U.S. prosecutors have filed an indictment against the operators of digital currency exchange Liberty Reserve, accusing the Costa Rica-based company of helping criminals around the world launder more than $6 billion in illicit funds linked to everything from child pornography to software for hacking into banks..
International crew takes short cut to space station
CAPE CANAVERAL, Florida (Reuters) - A Russian spaceship took a shortcut to the International Space Station on Tuesday, delivering a veteran cosmonaut, a rookie Italian astronaut and an American mother on her second flight to the outpost in less than six hours..
China says Xinjiang minorities too busy dancing to make trouble
BEIJING (Reuters) - Ethnic minority people in China's Xinjiang are far more fond of dancing, singing and being good hosts than making trouble, a top official said on Tuesday, dismissing the idea that the far western region is a hotbed of unrest..
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