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| Barclays labels $1.0 billion lawsuit over 2008 fundraising 'misconceived' | | Friday, June 17, 2016 1:32 AM | |
|  By Kirstin Ridley LONDON (Reuters) - Barclays has described as "fundamentally misconceived" a $1.0 billion-plus lawsuit brought by British financier Amanda Staveley over the bank's emergency fundraising from Gulf investors at the height of the credit crisis in 2008. Staveley's private equity group PCP Capital Partners is claiming damages for alleged fraudulent misrepresentation in a civil case lodged at London's High Court in January that sheds light on how Abu Dhabi and Qatari sheikhs helped bail Barclays out nearly eight years ago. The case hinges on the terms Qatari and Abu Dhabi investors received for participating in a cash call to help Barclays raise around 7.0 billion pounds ($10 billion) and avoid state aid.
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| Obama to meet Saudi deputy crown prince on Friday - White House | | Friday, June 17, 2016 1:30 AM | |
|  U.S. President Barack Obama will meet with Saudi Arabia's powerful deputy crown prince on Friday and the two are expected to discuss conflicts in the Middle East including the campaign against Islamic State, a White House spokesman said on Thursday. Deputy Crown Prince Mohammed bin Salman, the son of King Salman, is on a visit to the United States aimed at restoring frayed relations with Washington and to promote a plan to slash the kingdom's dependence on oil revenues. Friday's meeting will take place at the White House.
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| Disney faces PR crisis, risk of legal action after gator attack | | Friday, June 17, 2016 1:17 AM | |
|  By Lisa Richwine and Karen Freifeld LOS ANGELES/NEW YORK (Reuters) - June was supposed to have been a triumphant month for Walt Disney Co theme parks, with the flashy opening of a long-planned resort in Shanghai and a new Florida attraction based on its wildly popular animated movie "Frozen." Instead, the company is facing a public relations crisis and the possibility of legal action after an alligator snatched and killed a toddler at the Walt Disney World resort in Orlando, Florida, legal and communications experts said. "When people think of Disney they think of magic, the unbelievable, and everything is going to be fun. This incident flies in the face of that," said Sam Singer, a crisis communications manager who represented the San Francisco Zoo after a tiger escaped and killed a teenage boy there in 2007.
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| Black box from crashed EgyptAir plane retrieved | | Friday, June 17, 2016 12:15 AM | |
|  By Lin Noueihed and Ahmed Aboulenein CAIRO (Reuters) - Search teams retrieved the cockpit voice recorder from EgyptAir flight MS804 on Thursday in a breakthrough for investigators seeking to explain what caused the plane to plunge into the sea, killing all 66 people on board. Since then, search teams have worked against the clock to locate the wreckage and recover the two black box recorders crucial to explaining what went wrong, before they stop emitting signals in about a week. Egypt's investigation committee said in a statement that a specialist vessel owned by Mauritius-based Deep Ocean Search was forced to salvage the device in stages because it was extensively damaged, but was able to retrieve the memory unit.
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| Obama meets Orlando massacre survivors, assails homegrown terrorism | | Friday, June 17, 2016 12:06 AM | |
|  By Bernie Woodall and Roberta Rampton ORLANDO, Fla. (Reuters) - President Barack Obama on Thursday met survivors of a massacre at an Orlando gay nightclub and relatives of the 49 people killed and said the United States must act to control gun violence and fight what he called homegrown terrorism. "The last two terrorist attacks on our soil - Orlando and San Bernardino - were homegrown," Obama told reporters, before urging Congress to pass measures to make it harder to legally acquire high-powered weapons like the assault rifle used in the attack on Sunday. "I'm pleased to hear that the Senate will hold votes on preventing individuals with possible terrorist ties from buying guns," he said.
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| Coroner said death of Baltimore detainee Freddie Gray an accident -witness | |  By Donna Owens BALTIMORE (Reuters) - A Maryland medical examiner twice told investigators that the death of black detainee Freddie Gray from a broken neck in a police van was an accident, a Baltimore detective testified on Thursday. Taking the stand for the defence in the van driver's murder trial, Police Detective Dawnyell Taylor said Dr. Carol Allan had contradicted her official report that Gray's death in April 2015 was a homicide. "She said that it was a freakish accident, and that no human hands had caused his injury," she said as the defence for Officer Caesar Goodson Jr. began presenting its case in Baltimore City Circuit Court.
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| Lord's Resistance Army rebels kidnap 17 in Central African Republic | | | Lords Resistance Army rebels have kidnapped 17 people from a village in eastern Central African Republic, a senior local official said on Thursday. The rebels are notorious for mutilating civilians and kidnapping children for use as fighters. The International Criminal Court has issued arrest warrants for the LRA's messianic leader, Joseph Kony, and other senior commanders. |
| British lawmaker shot dead, EU referendum campaigns suspended | |  By Craig Brough BIRSTALL, England (Reuters) - A British member of parliament was shot dead in the street on Thursday, causing deep shock across Britain and the suspension of campaigning for next week's referendum on the country's EU membership. Jo Cox, 41, a lawmaker for the opposition Labour Party and a vocal advocate for Britain remaining in the European Union, was attacked while preparing to meet constituents in Birstall near Leeds in northern England. West Yorkshire regional police said a 52-year-old man was arrested by officers nearby and weapons including a firearm recovered.
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| India using funding law to foil dissenting charities - U.N. experts | |  By Nita Bhalla NEW DELHI (Thomson Reuters Foundation) - United Nations experts on Thursday called on India to repeal a law on foreign donations to charities, accusing Prime Minister Narendra Modi's government of using it to block funds to organisations considered critical of the state. Since Modi swept to power more than two years ago, his right-wing nationalist government has tightened surveillance on foreign-funded charities regulated under the Foreign Contributions Regulation Act (FCRA). More than 10,000 civil society groups in India have had their licences to receive overseas donations cancelled or suspended since 2014, impairing their ability to work in areas from health to the environment.
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| Newtown families see hope for gun control after Orlando | |  Since his 7-year-old son, Daniel, was gunned down in his elementary school in Newtown, Connecticut, 3-1/2 years ago, Mark Barden has been an outspoken advocate for gun control. Time and again, he has watched with disappointment as Republican lawmakers in the U.S. Senate blocked gun control measures, saying they infringed on the right to bear arms guaranteed by the U.S. Constitution. Congress has not passed major gun control legislation since 1994.
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| In Manila, police welcome arrival of president Duterte | |  By Romeo Ranoco MANILA (Reuters) - For Manila's struggling police, the June 30 inauguration of Philippines President-elect Rodrigo Duterte cannot come soon enough. Dhondie Bayaban, inspector of the Philippine National Police (PNP), said the police had recently received a base pay rise to 14,000 pesos ($300) a month but welcomed Duterte's pledge of further salary increases. As the police struggle for funds, reported crimes in the Philippines have more than doubled over the last five years to 675,816 last year, according to national police data.
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| HSBC reaches $1.575 billion settlement in Household case | |  (Reuters) - A unit of HSBC Holdings Plc on Thursday said it will pay $1.575 billion to end a long-running securities fraud class action stemming from the acquisition of the Household International consumer finance business more than a decade ago. HSBC Finance Corp said the settlement is subject to court approval and expected to result in a roughly $585 million pretax charge in the second quarter, including legal fees and expenses. (Reporting by Jonathan Stempel in New York; Editing by Diane Craft)
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| McCain says he 'misspoke' in blaming Obama for attacks on Americans | |  By Susan Cornwell WASHINGTON (Reuters) - U.S. Senator John McCain said on Thursday that President Barack Obama was "directly responsible" for attacks on Americans like the one in Florida because of policies that contributed to the rise of the Islamic State. McCain, who is in a tough re-election race, made the comments after reporters chased him down a marble stairway and into a hallway of the U.S. Capitol. "I'm hearing a lot from my constituents about what happened and of course I am making them realise that Barack Obama is directly responsible for it," McCain said.
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| Reaction to the killing of British lawmaker Jo Cox | |  British lawmaker Jo Cox was shot dead in the street in northern England on Thursday, causing shock across Britain and leading to the suspension of campaigning for next week's referendum on the country's EU membership. Following is a summary of reaction: BRENDAN COX, JO'S HUSBAND "Jo believed in a better world and she fought for it every day of her life with an energy, and a zest for life that would exhaust most people." "She would have wanted two things above all else to happen now, one that our precious children are bathed in love and two, that we all unite to fight against the hatred that killed her." BRITISH PRIME MINISTER DAVID CAMERON "We have lost a great star.
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| Probe of Disney resort after alligator death not criminal | |  By Barbara Liston ORLANDO, Fla. (Reuters) - The probe into the death of a 2-year-old boy killed by an alligator at Walt Disney World Resort in Orlando, Florida, is not criminal in nature, the local sheriff's office said on Thursday. Police divers recovered the body of Lane Graves on Wednesday from the man-made lake where he had been snatched by the alligator as he played at the water's edge the night before. The investigation is continuing, said Orange County Sheriff's Department spokeswoman Rose Silva, adding, "It's not criminal in nature at this time." She did not provide further details.
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| Brazil tourism minister resigns as Temer link to graft scandal | |  By Lisandra Paraguassu BRASILIA (Reuters) - Brazil's tourism minister resigned on Thursday, less than two months before the country hosts the Olympics, as the government of interim President Michel Temer lost its third minister in a month to a sweeping graft probe of state oil company Petrobras. Tourism Minister Henrique Alves was one of two dozen officials named in plea bargain testimony by a former Petrobras executive linking Temer and several of his closest allies to Brazil's biggest corruption scandal ever. While Temer dismissed the accusations as frivolous lies, the latest ministerial resignation underscored the risks that come with the sweeping Petrobras probe, which has thrown Brazil's politics into chaos and deepened its worst recession in decades.
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