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Hague court orders Russia to pay over $50 billion in Yukos case

07/28/14 4:30 am

MOSCOW/LONDON/AMSTERDAM (Reuters) - The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in oil giant Yukos $51.6 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.






Gaza fighting abates as diplomatic tension flares

07/28/14 4:09 am

GAZA/JERUSALEM (Reuters) - Israel eased its assaults in the Gaza Strip and Palestinian rocket fire from the enclave declined sharply on Monday, the military said, with both the United States and United Nations calling for a durable ceasefire.

Dollar Tree to buy Family Dollar for $8.5 billion

07/28/14 4:08 am

(Reuters) - Discount store chain Dollar Tree Inc offered to buy rival Family Dollar Stores Inc for about $8.5 billion, in a deal the companies said would create North America's leading discount retailer.






South Korean teens tell how they were left to escape sinking ferry

07/28/14 2:58 am

ANSAN South Korea (Reuters) - Six teenagers who survived South Korea's worst maritime disaster in 44 years told on Monday how classmates helped them float free as water flooded their cabins despite crew instructions to stay put even as their ferry sank, killing more than 300 people.

Australian police to renew bid to access Ukraine crash site

07/28/14 12:54 am

SYDNEY (Reuters) - A joint Australian-Dutch probe team will renew efforts on Monday to gain access to the crash site of a Malaysian airliner in eastern Ukraine, Australian Federal Police said, after fierce fighting kept them away the previous day.






Obama could curb corporate 'inversions' on his own: ex-U.S. official

07/27/14 9:25 pm

WASHINGTON (Reuters) - President Barack Obama could act without congressional approval to limit a key incentive for U.S. corporations to move their tax domiciles abroad in so-called "inversion" deals, a former senior U.S. Treasury Department official said on Monday.

Satellites and seafood: China keeps fishing fleet connected in disputed waters

07/27/14 8:57 pm

TANMEN China (Reuters) - On China's southern Hainan island, a fishing boat captain shows a Reuters reporter around his aging vessel. He has one high-tech piece of kit, however: a satellite navigation system that gives him a direct link to the Chinese coastguard should he run into bad weather or a Philippine or Vietnamese patrol ship when he's fishing in the disputed South China Sea.






Associate of dead South Korea ferry boss arrested, children due to give evidence

07/27/14 7:20 pm

ANSAN South Korea (Reuters) - A close associate of the man whose web of business holdings included a ferry that sank and killed more than 300 people in April was arrested on Monday, a week after the ferry owner's badly decomposed body was identified.






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