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Euro zone row gets fat pay rise for German workers

By Erik Kirschbaum BERLIN | Sun May 20, 2012 11:25am EDT BERLIN (Reuters) – A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe’s biggest economy and help towards adjusting the regional imbalances that have caused severe tensions within the euro zone, analysts [...]

Apple, Samsung CEOs head to court-ordered play date

By Dan Levine SAN FRANCISCO | Sun May 20, 2012 10:00am EDT SAN FRANCISCO (Reuters) – The chiefs of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal courthouse [...]

Wall Street Week Ahead: Market is oversold, but major signs say "sell"

By Angela Moon NEW YORK | Sun May 20, 2012 10:29am EDT NEW YORK (Reuters) – Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case this week, even after the market posted its worst weekly loss for the year and the SP fell for [...]

Facebook shares could fall below IPO price-Barron’s

Sun May 20, 2012 12:18pm EDT May 20 (Reuters) – Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron’s wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent to $38.23 on Friday in the first day of trading. The stock [...]

‘Avengers’ overpowers ‘Battleship’ at U.S., Canadian box office

LOS ANGELES | Sun May 20, 2012 11:50am EDT LOS ANGELES May 20 (Reuters) – Superhero movie “The Avengers” topped U.S. and Canadian box office charts for a third straight weekend with $55.1 million, sending action movie “Battleship” into second place and toppling comedy “The Dictator,” according to studio estimates on Sunday. “Avengers,” from Walt [...]

UPDATE 4-Chicago protests on eve of NATO summit raucous, peaceful

Sun May 20, 2012 12:41am EDT * Fears of violence so far unfounded * Biggest rally expected Sunday (Updates with new arrest total, protester injured) By Mary Wisniewski and Andrew Stern CHICAGO, May 19 (Reuters) – Hundreds of demonstrators staged raucous protests against Chicago Mayor Rahm Emanuel’s budget cuts and other economic issues on the [...]

Lockerbie bomber Megrahi is dead

Abdelbaset Ali al-Megrahi

20 May 2012 Last updated at 12:13 ET Please turn on JavaScript. Media requires JavaScript to play. The BBC’s Mike Wooldridge reports on the life of Abdelbaset Ali al-Megrahi Abdelbaset al-Megrahi, the only person convicted over the 1988 Lockerbie bombing above Scotland which killed 270 people, has died at his home in Libya. Megrahi, 60, [...]

Report ‘to urge cutting red tape’

Sacked worker

20 May 2012 Last updated at 11:22 ET Adrian Beecroft, a venture capitalist and Conservative Party donor, wrote the report The prime minister is this week expected to back a plan to help boost growth by cutting employment red tape. The report by venture capitalist Adrian Beecroft will call for a “bonfire of regulations”, according [...]

Cameron: Megrahi release ‘wrong’

David Cameron at Tory Party Conference

20 May 2012 Last updated at 12:28 ET David Cameron has previously said the decision to release Megrahi was wrong David Cameron has reacted to the death of the only person convicted of the 1988 Lockerbie bombing by saying he “should never have been released”. Abdelbaset al-Megrahi, 60, has died at his home in Libya. [...]

NHS hospital food ‘will improve’

Andrew Lansley

20 May 2012 Last updated at 06:51 ET Andrew Lansley said malnourishment should not happen in NHS hospitals The government has insisted it is working to improve the quality of hospital food in England. Health Secretary Andrew Lansley told BBC One’s Andrew Marr Show that “buying standards” would improve, prompting “better nutrition for patients”. Food [...]