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  • GENEVA, May 20- Leaders of the multibillion-dollar global business aviation industry see signs of recovery from four years of recession, they said on Monday, but they appealed to governments to ease the way ahead by cutting taxes and red tape.

  • Ryanair propels European shares to five-year highs Monday, 20 May 2013 | 12:51 PM ET

    LONDON, May 20- European shares reached new five-year peaks on Monday, supported by strength in the autos and travel sector, where budget airline Ryanair's stock hit a record high on the back of strong earnings. Travel and leisure stocks gained 1.1 percent, led by a 6.9 percent jump in Ryanair after it reported expectation-beating earnings for the past year.

  • *Japan's reflationary policy helps domestic demand. TOKYO, May 20- Nippon Steel and Sumitomo Metal Corp expects its domestic crude steel output to rise 2 percent in the April-June quarter, as Japan's reflationary policy drives the yen lower and makes the country's goods more competitive.

  • Wharton's Peace Corps for MBAs Monday, 20 May 2013 | 11:33 AM ET
    Roberta Giassetti of Axé Italia Onlus with “street children” in Brazil.

    The Wharton International Volunteer Program (WIVP) is leveraging the skills of its members to provide consulting services to resource-strapped NGOs in developing countries.

  • SOFTS-ICE sugar dips to near 3-year low, coffee down Monday, 20 May 2013 | 11:10 AM ET

    *Brazil sugar harvest off to good start. LONDON, May 20- Raw sugar futures on ICE fell to a near-three-year low on Monday, as strong cane crushing in top producer Brazil kept the market under pressure. "Everybody is waiting for Brazil to be in full swing, as they think the price will be lower once Brazil's crop is coming in, in large quantities," said a London- based broker.

  • Reuters World News Highlights 1430 GMT, May 20 Monday, 20 May 2013 | 10:42 AM ET

    NEW DELHI- India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas.

  • *Nigeria says to cut domestic debt over 3-5 years. LAGOS, May 20- Nigeria will increase the amount it borrows overseas to around 40 percent of all debt over the next three to five years, from 12 percent currently, to lower its funding costs, the head of the debt office said on Monday.

  • Algerian editor accuses government of censorship Monday, 20 May 2013 | 9:14 AM ET

    ALGIERS, Algeria-- An editor has accused Algeria's government of censorship after it blocked the publication of his two newspapers.

  • *Gold companies' shares drop, rand also under pressure. JOHANNESBURG, May 20- Big wage hikes demanded by the government-allied trade union in South Africa's coal and gold industries helped push the rand to a four-year low on Monday, highlighting the ripple effect of the prospect of more turmoil in the industry.

  • *Gold companies' shares drop, rand also under pressure. JOHANNESBURG, May 20- Big wage hikes demanded by the government-allied trade union in South Africa's coal and gold industries helped push the rand to a four year low on Monday, highlighting the ripple effect of the prospect of more turmoil in the industry.

  • NEW DELHI, May 20- India and China will study new ways to ease tensions along their ill-defined border, Chinese Premier Li Keqiang said on Monday in his first foreign trip since taking office, which comes just weeks after a military stand-off between the Asian giants in the Himalayas.

  • DUBLIN, May 20- Elan announced its second major drug deal inside a week on Monday and said it would buy back more shares as it continues to bat against a $5.7 billion takeover bid from U.S. investor Royalty Pharma.

  • LOS ANGELES, May 20- In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp..

  • PARIS, May 19- France is in talks with the United States and Israel to buy intelligence-gathering drones to build up a modern fleet, Defence Minister Jean-Yves Le Drian said on Sunday. There are currently two countries in the world that build drones, the United States and Israel, " Le Drian said on TV channel iTele.

  • Bidding nears for $9-14 bln Congo hydropower plant Saturday, 18 May 2013 | 12:13 PM ET

    PARIS, May 18- Chinese, South Korean and Spanish firms are vying to develop a hydropower project likely to cost between $9 billion and $14 billion on the Congo River, Congolese officials said on Saturday.

  • PARIS, May 18- France has received approval from the U.S. With its current hardware increasingly outdated, France is urgently trying to build up a modern fleet of drones for surveillance operations in countries such as Mali.

  • *Gold at 1- month low as Fed pressured to end US stimulus. Gold fell, touching a 1- month low and closing down for a seventh straight session as the dollar hit its highest levels since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy. Gold was the CRB's biggest loser, falling almost 2 percent.

  • NEW YORK/ LONDON, May 17- Gold fell for a seventh straight session on Friday, its longest losing streak in four years, as the dollar rose to the highest since 2008 after some Federal Reserve officials said the central bank should end its stimulus for the U.S. economy.

  • LONDON, May 17- South Africa's mining industry can ill afford to offer wage rises during talks that are about to start with a new and unpredictable union, so it may well face fresh strikes, Impala Platinum said on Friday.

  • The World's Most Dangerous Waters Friday, 17 May 2013 | 11:45 AM ET

    Maritime pirates are honing their tactics and beefing up their weaponry. Here are the world’s most pirate-infested waters, and learn about individual attacks from each place.