Serbia's last major war crimes fugitive, a Croatian Serb wartime leader indicted for crimes against humanity during the 1991-95 Croatian war, has been arrested, a Serbian official told Reuters on Wednesday. Goran Hadzic, 52, was a key figure in the breakaway Krajina Serb republic in Croatia, and after the arrest of wartime General Ratko Mladic
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Blockbuster sales of the iPhone and strong Asian business again helped Apple Inc crush Wall Street's expectations, driving its shares up more than 7 percent to a record high and boosting Asian stocks. Sales of its iconic products far outpaced forecasts, helping drive a near-doubling of revenue in the fiscal third quarter. Its shares leapt
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Samsung Electronics Co launched a thinner and lighter version of its Galaxy tablet in its lucrative home market Wednesday, trying to halt the runaway success of Apple Inc's iPad. The Galaxy Tab 10.1 is an upgraded version of the 7-inch Tab introduced in October. Blockbuster iPad sales announced by Apple Tuesday underscore the challenge for
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The president of Cyprus lost a key ally on Tuesday, weakening the ruling coalition just as the island's press said the recent destruction of a power station by a munitions blast might push the economy into recession. Foreign Minister Markos Kyprianou, a former European Health Commissioner, who had said he would resign over the massive
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* Bank levy seen as sole option to avoid selective default * German Chancellor Angela Merkel, Europe's reluctant paymaster, doused expectations of any comprehensive solution to Greece's debt crisis at an emergency euro zone summit on Thursday. "Further steps will be necessary and not just one spectacular event which solves everything," Merkel told a joint
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* Won't accept divided Cyprus in EU chair * EU candidate Turkey would not accept Cyprus in the rotating European Union presidency, which it is due to assume in July 2012, without a deal to end the island's division, Prime Minister Tayyip Erdogan said on Tuesday. Speaking before travelling to the Turkish occupied north of
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An online campaign has been launched in Russia urging young women to support Prime Minister Vladimir Putin in a presidential vote by taking off their clothes, a lawmaker's site showed Sunday. Called "Putin's Army," it features a video of a blonde student called Diana who struts along Moscow's streets in high heels and a black
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Upward pressure on wage bill The EU-harmonised inflation rate in Cyprus continued to climb in June, hitting 4.5% compared with 4.1% in May and 3.5% in April. The average for the first six months is 3.6% but looks like it is climbing towards 4% for the whole year. High inflation adds to the public and
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Minister of Foreign Affairs Marcos Kyprianou stated that he intends to ask the President of the Republic Demetris Christofias to remove him from office, in relation to the deadly events at the naval base in Mari, in south eastern Cyprus. Speaking after a session of the House of Representatives Defence Committee, which discussed the incident,
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The world economy should expand steadily this year and next thanks mainly to prospering emerging powers, a Reuters poll showed, but fiscal troubles lurking in Europe and potentially the United States risk blowing this view apart. The quarterly survey of more than 350 economists from all over the world showed a dimmer outlook for most
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