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| Lloyds to axe 640 jobs in cost-cutting drive - sources |
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 By Andrew MacAskill LONDON (Reuters) - Lloyds Banking Group plans to axe about 640 jobs, sources close to the matter said on Wednesday, as Britain's largest mortgage lender continues to scale back its branch network and workforce. All affected employees work in information technology and back-office roles and are being told of the decision on Wednesday, the sources said on condition of anonymity because they are not authorised to discuss the plans. Lloyds, rescued in a 20.5 billion pound ($27.4 billion) taxpayer bailout during the financial crisis, is in the midst of major restructuring as part of an aggressive cost-cutting programme.
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| Myanmar should dismantle laws blocking free speech - Human Rights Watch |
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 By Timothy Mclaughlin and Aung Hla Tun YANGON (Reuters) - Myanmar's government, led by Aung San Suu Kyi's National League for Democracy (NLD), should amend and abolish laws that threaten freedom of expression, Human Rights Watch said in a report released on Wednesday. Laws covering areas from telecommunications to defamation have been used to arrest at least 70 people this month, said the report's author, Linda Lakhdhir. The arrests come despite reforms by former President Thein Sein and the NLD, which won the November election in a landslide, giving it control of both houses of parliament and installing Suu Kyi as the country's de facto leader.
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| New Philippine defence chief says militant threat more pressing than South China Sea |
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| By Manuel Mogato MANILA (Reuters) - Crushing Islamist militants in the Philippines will take precedence over territorial disputes in the South China Sea, the incoming defence minister said on Wednesday, and spending on military hardware would reflect that. Ongoing kidnappings and the recent beheading of Western hostages by Abu Sayyaf rebels were hurting the country's reputation, and incoming president Rodrigo Duterte was frustrated by the failure to rein in the group, Delfin Lorenzana told Reuters. "These illegal activities, including kidnapping, must stop," Lorenzana, a former army general, said in his first interview with foreign media since being named defence minister. |
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