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 Stocks rally further in run-up to EU summit Stocks advanced Tuesday ahead of a summit of European leaders that's expected to be dominated by calls to boost economic growth across the continent, though ongoing worries over the upcoming Greek election kept the rally in check. Publ.Date : 2012-05-22T10:57:52Z Two dead in Beirut clashes after killing of anti-Assad cleric ALBIREH, Lebanon (Reuters) - Hundreds of Islamist gunmen fired in the air on Monday at the funeral of a Sunni Muslim cleric whose killing ignited street battles and brought the bloodshed from Syria's 14-month-old uprising spilling across the border into Lebanon. Sheikh Ahmed Abdul Wahid, an opponent of Syrian President Bashar al-Assad, was buried in northern Lebanon a day after he was shot dead at a Lebanese army checkpoint in a part of that country where Sunni sympathy for Syria's rebels and the uprising against Assad is particularly strong. ... Publ.Date : 2012-05-22T10:53:55Z Obama's preference for talks with Iran faces test  President Barack Obama's preferred path to end the Iranian nuclear standoff faces a stern test this week when world powers sit down with Iran in another bid to press it to meet international demands to prove it is not trying to develop nuclear weapons. Failure will strengthen calls for military action.Publ.Date : 2012-05-22T10:44:10Z OLRTXT EMRG SY MEAST NEWS VIO DIP PIL HRGT POL INSURG U.N. observers see Syrian forces kill two: rebels AMMAN (Reuters) - Syrian police killed two people on Tuesday when they opened fire on a crowd who came out to welcome United Nations observers in the eastern province of Deir al-Zor, a rebel official said. "As soon as the U.N. convoy entered al-Busaira, a jubilant crowd of hundreds came out to welcome them. It was not minutes before they came under fire," Abu Laila, a Free Syrian Army official, said by phone from the town. "The observers immediately left al-Busaira. ... Publ.Date : 2012-05-22T10:47:38Z HomeServe to reduce UK arm as FSA launches probe LONDON (Reuters) - HomeServe's woes grew further on Tuesday after the British repair and insurance group said mis-sold policy issues which have dogged it since October would now be investigated by UK regulator the Financial Services Authority. HomeServe's shares tumbled 23 percent to 174.4 pence on Tuesday at 0827 GMT, having already fallen 53 percent since it suspended British telesales last year to address concerns internally over how its policies were being marketed and sold. ... Publ.Date : 2012-05-22T10:47:12Z April inflation hits lowest in more than 2 years  LONDON (Reuters) - Inflation fell to its lowest in more than two years in April, raising the prospect that the Bank of England will be able to inject more stimulus later this year to support the economy. The Office for National Statistics said consumer price inflation eased to 3.0 percent in April from 3.5 percent in March, freeing BoE Governor Mervyn King from the obligation to write an explanatory letter to finance minister George Osborne. ...Publ.Date : 2012-05-22T10:50:57Z Lebanese court bails anti-Syrian activist BEIRUT (Reuters) - A court on Tuesday released on bail an anti-Syrian activist whose arrest earlier this month set off violent clashes in northern Lebanon that killed at least 8 people. The fighting among Sunni Islamist foes of Syrian President Bashar al-Assad, the Lebanese army and members of Assad's minority sect in the northern port of Tripoli highlighted the potential of Syria's 14-month-old uprising to unsettle the sect-based politics of its smaller neighbor. ... Publ.Date : 2012-05-22T11:00:21Z |