Britain's Blair faces grilling over ties to Murdoch - msnbc.com
27 May 2012, 6:03 pm
LONDON (Reuters) - Tony Blair's decision to openly court Rupert Murdoch to win power and ensure favorable coverage during his decade-long tenure as British prime minister will come under scrutiny when he faces a media inquiry on Monday. The inquiry ...

Australia's Hastie Group collapses amid financial woes - Reuters
27 May 2012, 5:49 pm
MELBOURNE May 28 (Reuters) - Australian engineering company Hastie Group said it has appointed voluntary administrators, after an employee last week was found to have falsified the company's accounts. The discovery, which Hastie reported on ...

Tropical Storm Beryl edges closer to southeast U.S. coast - Baltimore Sun
27 May 2012, 5:28 pm
ATLANTA (Reuters) - Tropical Storm Beryl closed in on the southeastern U.S. coast on Sunday, dumping rain and whipping up heavy surf from northeastern Florida to South Carolina. The second named storm of the 2012 Atlantic hurricane season is ...

Motor racing-Barrichello pleased by Indy 500 debut - Reuters India
27 May 2012, 5:21 pm
INDIANAPOLIS May 27 (Reuters) - He didn't get to kiss the bricks or drench himself in milk, but Rubens Barrichello could not have been happier after safely completing his first Indianapolis 500 on Sunday. The Brazilian missed out on doing the ...

Analysis: Falling prices to kill off half of Chinese LED chipmakers - Reuters UK
27 May 2012, 4:30 pm
HONG KONG (Reuters) - In China, surplus capacity and sliding prices are sounding the death knell for half of the companies making light emitting diode (LED) chips used in Samsung television panels and Sharp computer monitors, with only the large ...

Spain may recapitalise Bankia with govt debt - source - Reuters UK
27 May 2012, 4:30 pm
MADRID (Reuters) - Spain may recapitalise Bankia with Spanish government bonds in return for shares in the bank which last week asked for rescue funding of 19 billion euros ($24 billion), a government source said on Sunday. Bankia could use the ...

UPDATE 1-Athletics-Gebrselassie fails in Olympic 10,000 bid - Reuters
27 May 2012, 4:23 pm
May 27 (Reuters) - Former 10,000 metres world record holder Haile Gebrselassie failed to qualify for the London Olympics after finishing seventh at the Fanny Blankers-Koen Games in Hengelo, Netherlands on Sunday. The 39-year-old trailed home in ...

Vatican faces widening of leaks scandal - Orlando Sentinel
27 May 2012, 4:09 pm
VATICAN CITY (Reuters) - The Vatican faces a widening scandal that in one short week has seen Pope Benedict's butler arrested, the president of its bank unceremoniously dismissed and the publication of a new book alleging conspiracies among cardinals.

FACTBOX-Indianapolis 500 winner Dario Franchitti - Reuters India
27 May 2012, 3:40 pm
INDIANAPOLIS May 27(Reuters) - Factbox on Scotland's Dario Franchitti who won the 96th Indianapolis 500 on Sunday. * Born in Scotland in 1973, he began racing karts as a child and steadily worked his way through different race classes.

U.N. Security Council meets on Syria massacre, Russia skeptical - msnbc.com
27 May 2012, 2:57 pm
UNITED NATIONS (Reuters) - The U.N. Security Council met on Sunday to discuss the recent massacre in the Syrian town of Houla, which the United Nations and Western powers blamed on the Syrian government but Damascus and Moscow suggested was due to a rebel attack.