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Brazil probes rumor that set off panic run on state bank

May 20, 2013Topnews, WorldnewsExpert

BRASILIA (Reuters) – Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumor that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend.

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Dozens die in Iraqi bomb attacks

May 20, 2013UKExpert

More than 70 people are killed and many more wounded by car bombs and suicide attacks in one of the worst days of violence in Iraq in recent months.

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Gay marriage plans set to proceed

May 20, 2013UKExpert

The government reaches agreement with Labour which will allow its bill to legalise gay marriage in England and Wales to proceed in Parliament.

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Real Madrid confirm Mourinho exit

May 20, 2013UKExpert

Real Madrid announce that Jose Mourinho will leave the club at the end of the season after three years in charge.

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Wall St. inches up as deals provide support for rally

May 20, 2013Business NewsbusinessNewsExpert

NEW YORK (Reuters) – Stocks rose slightly on Monday as acquisition activity gave support, but investors were hesitant to rush into the market with indexes hovering around record levels.

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Actavis to buy Warner Chilcott in $5 billion stock deal

May 20, 2013Business NewsbusinessNewsExpert

(Reuters) – Generic drugmaker Actavis Inc, itself a recent takeover target, said on Monday it would buy specialty pharmaceutical company Warner Chilcott Plc for $5 billion in stock to expand its branded drug portfolio, lower taxes and increase profits.

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GM gearing up for big ad push for crucial new pickups: executive

May 20, 2013Business NewsbusinessNewsExpert

DETROIT (Reuters) – The launch of General Motors Co’s redesigned Chevrolet Silverado, the most important since the automaker’s bankruptcy and $50 billion taxpayer-funded bailout in 2009, is on track and advertising for its full-size trucks should begin in a few weeks, a top GM executive said on Monday.

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Mass ‘arrests’ at Nigeria funeral

May 20, 2013UKExpert

About 120 militant Islamists are arrested in Maiduguri as they organise the funeral of a commander killed in clashes, the Nigerian army says.

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