Police escort Gurunath Meiyappan (C), son-in-law of Indian cricket board (BCCI) President N Srinivasan, to the Crime Branch in Mumbai May 24, 2013. REUTERS/Stringer

Spot-fixing scandal: BCCI chief's son-in-law arrested

Mumbai Police apprehended Gurunath Meiyappan, a key official of the Indian Premier League's (IPL) Chennai franchise, late on Friday in connection with a spot-fixing scandal that has also led to the arrest of three cricketers.  Full Article 

Sexual assault is a 'scourge' on U.S. military, Hagel says 25 May 2013

REUTERS - Defense Secretary Chuck Hagel called sexual assault a "scourge" on Saturday as he addressed graduates of the U.S. Military Academy at West Point, where a sergeant stands accused of videotaping female cadets in the showers.

Demonstrators chant slogans and wave Syrian opposition flags during a protest against President Bashar al-Assad after Friday prayers in Raqqa province, east Syria, May 17, 2013. REUTERS/Hamid Khatib

Syrian opposition resumes tough talks on unity

Syria's opposition resumed talks aimed at closing their fractious ranks, crucial to launching an international peace conference, and govt forces pressed an onslaught on a rebel-held town.  Full Article 

A broker works while sitting in front of a screen displaying live stock quotes on the floor of a trading firm in Mumbai May 23, 2013. REUTERS/Vivek Prakash

Tracking Sensex: Top losers, gainers this week

It was a tough week for Indian shares as the BSE Sensex fell nearly 3 percent and the Nifty lost 3.3 percent. Here are the top five Sensex gainers and losers for the week ending May 24.  Full Article 

Mercedes Formula One driver Nico Rosberg of Germany celebrates his pole position after the qualifying session of the Monaco F1 Grand Prix May 25, 2013. REUTERS/Benoit Tessier

Rosberg puts Mercedes on pole in Monaco

Germany's Nico Rosberg scorched to his third successive Formula One pole position with team mate Lewis Hamilton completing a front row lockout for Mercedes at the Monaco Grand Prix.  Full Article 

Director Roman Polanski (L) poses with his wife and cast member Emmanuelle Seigner during a photocall for the film "La Venus a la Fourrure"; (Venus in Fur) at the 66th Cannes Film Festival in Cannes May 25, 2013. REUTERS/Regis Duvignau
Cannes Film Festival

Polanski's Venus seduces on last day of festival

An avenging Venus settling the psychological and sexual score is the star of acclaimed director Roman Polanski's "La Venus a la Fourrure" ("Venus in Fur"), one of the Cannes film festival's two final movies in main competition to premiere on Saturday.  Full Article 

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OPINION

James Saft

Revenge of the markets

For months, markets have been dancing to central bankers' tune, but that may now be changing. It must have been fun to be a central banker in the early part of 2013. That seems to have ended rather abruptly in the 24 hours beginning with the Bank of Japan's disappointing response to bond market volatility and including Ben Bernanke's anodyne but market-roiling comments on Wednesday on the possibility of a policy taper.  Full Article 

Anatole Kaletsky

The many interpretations of Ben Bernanke

The reaction to Federal Reserve Chairman Ben Bernanke's tediously familiar statement, and release of the equally repetitive minutes of the last Fed meeting, was some of the wildest gyrations seen in the world’s financial markets for months. Why did the financial world react in this manic-depressive way to a statement that was bland and predictable?  Commentary 

David Rohde

Prosperity without power

In Moscow, they are “non-Soviet Russians.” In New Delhi, they are a “political Goliath” that may soon awake. In Beijing and Sao Paolo, they are lawyers and other professionals who complain about glacial government bureaucracies and endemic graft. Across the BRIC nations, frustrated members of the middle class are demanding change, but traditional power holders remain entrenched.  Commentary 

Breakingviews

Andy Mukherjee

Blame Japan’s debt on companies, not the state

Japan’s government is up to its neck in debt. That, however, is not because the government has been overly profligate, but because Japanese companies have been deleveraging for a long time. If Prime Minister Shinzo Abe’s policies revive private investment, the government’s track record suggests it will tighten its belt.  Full Article 

Bollywood fashion at Cannes

Bollywood fashion at Cannes

Remember fashion’s golden rule: you are what you wear. The Bollywood brigade at this year's Cannes Film Festival may seem a bit like the contestants in the national costume round of a beauty pageant. Keeping their identity intact while representing their country on an international platform is praiseworthy, but is it making a fashion statement?  Blog 

Beckham's final 81st minute

Beckham's final 81st minute

In his last match as a professional footballer, Beckham did everything to be a key player on the pitch. Thanks to him his team was able to score. However, there was something different this time. You could see his desperation to score, a need to shine, and an attempt to make those final minutes on the pitch last as long as possible.  Full Article 

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