The Other Side of Life 24/7: Morning Digest: U.S. report says HSBC handled Iran, drug money

Tuesday, July 17, 2012

Morning Digest: U.S. report says HSBC handled Iran, drug money

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07/17/2012

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

U.S. report says HSBC handled Iran, drug money

WASHINGTON (Reuters) - A "pervasively polluted" culture at HSBC Holdings Plc allowed the bank to act as financier to clients seeking to route shadowy funds from the world's most dangerous and secretive corners, including Mexico, Iran, the Cayman Islands, Saudi Arabia and Syria, according to a scathing U.S. Senate report issued on Monday..

Syria fighting rages in Damascus, Russia pressed

BEIRUT (Reuters) - Clashes in Damascus between rebels and state forces raged for a third day on Tuesday, in the fiercest fighting to hit Syria's seat of power since the revolt against President Bashar al-Assad began 17 months ago..

World shares, euro firmer ahead of Fed's Bernanke

LONDON (Reuters) - World shares and the euro posted modest gains on Tuesday as investors speculated that Federal Reserve Chairman Ben Bernanke will hint at more monetary stimulus later in the day..

Kitty Wells, country music star, dies at 92

NASHVILLE (Reuters) - Kitty Wells, the "Queen of Country Music," died this morning at her home in Nashville surrounded by family members, of complications from a stroke. She was 92..

Woods to partner Garcia and Rose at British Open

LYTHAM, England (Reuters) - Former world number one Tiger Woods will play alongside Sergio Garcia and Justin Rose in the opening two rounds of this week's British Open..

Microsoft revamps Office, looks to the cloud

SAN FRANCISCO (Reuters) - Microsoft Corp unveiled a new version of its Office suite tailored for tablets and other touch screen devices, in the company's largest-ever overhaul of the workplace software it relies on for much of its profit..

NASA's Mars rover may be in for blind landing

CAPE CANAVERAL, Florida (Reuters) - NASA's new Mars rover is heading for a risky do-or-die touchdown next month to assess conditions for life on the planet, but the U.S. space agency may not know for hours whether it arrived safely, managers said on Monday..

Batman could fly, but he'd crash and die

LONDON (Reuters) - Holy crash landing Batman! The crime-fighting caped crusader could fly but if he did, he would smash into the ground and probably die, a group of British physics students have calculated..