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Wednesday, May 15, 2013

Morning Digest: Germany ekes out growth, France slides into recession

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05/15/2013
Reuters   Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the   politics in between
Germany ekes out growth, France slides into recession
BERLIN/PARIS (Reuters) - Germany's economy crept back into growth in the first quarter of the year after a sharp contraction at the end of 2012, while France slipped into recession, data showed on Wednesday..
Russian media delight in U.S. spy case as leaders try to limit fallout
MOSCOW (Reuters) - Russian state-run media revelled on Wednesday in embarrassing the United States over a botched attempt to recruit one of its intelligence agents but both countries signaled they wanted to prevent the episode harming efforts to improve relations..
Insight: Bank documents portray Cyprus as Russia's favorite haven
NICOSIA (Reuters) - When the Cyprus bank run began earlier this year, Russians set much of the pace. Documents seen by Reuters show that as the Mediterranean island headed towards financial meltdown in March, most notable among companies transferring money from the country's two main banks were Russians and East Europeans..
Actress Gina Lollobrigida's diamonds fetch $4.9 million at auction
(Reuters) - Diamond jewelry belonging to Italian actress Gina Lollobrigida sold for more than 4.74 million Swiss francs ($4.9 million) on Tuesday in Geneva and set a record for pearl earrings, auctioneer Sotheby's said..
Spurs whip Warriors, on brink of West final
(Reuters) - The San Antonio Spurs routed visiting Golden State 109-91 on Tuesday to grab a 3-2 lead in the Western Conference second round series..
After ATM heist, India's IT sector again in unwelcome spotlight
MUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation..
China missile hit highest suborbital level since 1976: scientist
WASHINGTON (Reuters) - China launched a large missile on Monday that reached 6,200 miles above the earth, its highest suborbital launch since 1976, according to a U.S. scientist at Harvard University..
Seattle man dribbling soccer ball to Brazil dies after being hit by car
OLYMPIA, Washington (Reuters) - A man less than two weeks into a planned journey to dribble a soccer ball from his home city of Seattle to Brazil, the host nation for the 2014 World Cup, died on Tuesday after being struck by a car in Oregon, police and the man's supporters said..
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