Tepco chief quits after $15 billion loss on nuclear crisis | May 20, 2011 07:24 AM ET | TOKYO (Reuters) - Tokyo Electric Power Co reported a $15 billion net loss on Friday to account for the disaster at its Fukushima nuclear plant, marking the biggest loss in Japan by a non-financial company and prompting the firm to warn its future was uncertain. | Full Article | BP cuts oil spill burden with $1 billion Mitsui deal | May 20, 2011 06:40 AM ET | LONDON (Reuters) - BP struck a key victory in its battle to share the cost of the Gulf of Mexico oil spill when partner Mitsui & Co agreed on Friday to pay $1.1 billion toward the clean-up bill and possibly billions more in fines. | Full Article | | | US TOP NEWS | Netanyahu: U.S. "does not understand reality" | May 20, 2011 08:29 AM ET | WASHINGTON (Reuters) - Israel said the United States "does not understand reality" as its leader arrived in Washington on Friday after President Barack Obama endorsed a longstanding Palestinian demand on borders of a future state. | Full Article | Europeans race to nominate Strauss-Kahn successor | May 20, 2011 07:26 AM ET | BRUSSELS/WASHINGTON (Reuters) - European leaders raced on Friday to nominate a successor for fallen IMF chief Dominique Strauss-Kahn before a G8 summit in France next week, with French Finance Minister Christine Lagarde in pole position. | Full Article | Pakistan Taliban says attacked U.S. consulate convoy | May 20, 2011 07:57 AM ET | PESHAWAR, Pakistan (Reuters) - Pakistan's Taliban said on Friday it had attacked a U.S. consulate convoy in the volatile northwestern city of Peshawar, the latest assault in a surge of violence since U.S. forces killed al Qaeda leader Osama bin Laden this month. | Full Article | Obama, in Arab outreach, shifts on Mideast peace | May 20, 2011 07:20 AM ET | WASHINGTON (Reuters) - President Barack Obama on Thursday backed a key Palestinian demand on the borders of a future state with Israel as part of his vision for a Middle East peace deal and sought to shape political change convulsing the region. | Full Article | | | HEALTH NEWS | | | | RELATED VIDEO | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. | | Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. | | » MORE NEWSLETTERS | | ODDLY ENOUGH | | | |
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