| Latest worldwide news | Human-powered helicopter flies into aviation history | | | July 11 - A team from Toronto has won the long-coveted Sikorsky prize by using human power alone to fly an aircraft. The team, called AreroVelo Inc., achieved the feat on June 13, securing a $250,000 prize that has been on offer for 33 years, but never before awarded. Rob Muir reports. |
| Detroit case may alter distressed U.S. city behavior Moody's | | | (Reuters) - Detroit's filing for bankruptcy protection is "profoundly meaningful" for the small number of local governments in the United States that are below investment grade, and could change their approach to pensions and other long-term liabilities, Moody's Investors Service said on Friday. |
| Tennis baby new web star | | | The daughter of Bob Bryan, part of tennis' greatest double act in history, has become a social media phenomenon. |
| Ice melt speeding up, study finds | | | Two decades of satellite readings back up what dramatic pictures have suggested in recent years The mile-thick ice sheets that cover Greenland and most of Antarctica are melting at a faster rate in a warming world. |
| Bubba Watson on shaping shots | | | Defending Masters champion Bubba Watson talks family, Golf Boys, that playoff and shows us how he shapes those shots. |
| Halliburton to plead guilty in Gulf spill | | | Oilfield services giant Halliburton will plead guilty to destroying computer test results that had been sought as evidence in the Deepwater Horizon disaster, the Justice Department announced Thursday. |
| Australia grapples with asylum | | | Reinstalled Australian Prime Minister Kevin Rudd recently announced his Papua New Guinea or "PNG Solution" in an effort to halt the escalating number of unauthorized boat arrivals of asylum seekers to Australia shores. |
| Activision to spread its wings after Vivendi sale CEO | | | SAN FRANCISCO (Reuters) - Activision Blizzard Inc's CEO, who is shelling out $50 million of his own money in an $8.2 billion deal to buy back most of Vivendi's stake, said the world's largest video game publisher will be freer to pursue acquisitions and grow after emerging from its French parent's wing. |
| Dollar hits five-week low on Fed caution, Wall St recovers | | | NEW YORK (Reuters) - The dollar fell to a five-week low on Friday on expectations the Federal Reserve will underline its intention to keep interest rates low for a long time at its upcoming policy meeting, while U.S. stocks managed to recover late in the day to end with a slim gain. |
| A fair World Cup deal for Brazil? | | | After some of the world's biggest corporations such as Apple and Google have come under pressure over aggressive tax avoidance strategies, now its FIFA's turn to defend its lucrative financial arrangements with 2014 World Cup hosts Brazil. |
| Yacht hotel | | | With land at a premium, an increasing number of developers are turning to floating hotels. Introducing Gibraltar's new $200m five-star yacht hotel. |
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