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• Wall Street Week Ahead: All eyes on European elections
• Nokia's woes might call for Microsoft aid
• Pandora, Spotify face off in free online music market
• Architects hit the road to survive property crash
• China to construct more energy-efficient buildings: Xinhua
• India to deliberate tax measures as investors fret
• Kazakh copper miner offers wage rise to end strike
• Statoil to drill with Rosneft on Russian shelf
• UK urged to force firms to report carbon emissions
• Romania seals deal with IMF to raise public wages
• Costa puts hopes on new flagship after cruise disaster
• Europe must balance austerity with growth: EU's Rehn
• FCC rejects Liberty Media bid for Sirius XM control
• 'Avengers' smashes record: $200.3 million debut
• Blasts, fire at Thai petrochemical plant kill 12
• "Crab" chips, fruity Oreos? They're big overseas
• Angry Greeks vote in key parliamentary election
• Angry Greeks vote in keyl parliamentary election
• Biden says no 'stagnation' in employment numbers
• Italy votes in local election, first since Monti
• Angry Greeks vote in critical election
• Senate turns to partisan fight over student loans
• Leaders fall in Europe crisis: Sarkozy next?

Wall Street Week Ahead: All eyes on European elections Posted: NEW YORK (Reuters) - After Wall Street's worst week of the year, U.S. stock investors will look across the Atlantic this week to take cues from Europe as France and Greece go to the polls. That could offer some respite from a string of weak U.S. economic data, including Friday's weak payrolls report, and the earnings season winding down. ...

Nokia's woes might call for Microsoft aid Posted: LONDON (Reuters) - Addressing Nokia Oyj employees in January 2011, Chief Executive Stephen Elop - at that point only four months into the job - dramatized the company's predicament by comparing it to standing on a burning platform. Nearly a year and a half on, and with Nokia's Lumia mobile phone range failing so far to revive sales, its position still looks frail. Its shares have lost 90 percent in five years and its debt is rated junk by two of the three major ratings agencies. ...

Pandora, Spotify face off in free online music market Posted: NEW ORLEANS (Reuters) - It took decades for music delivery to evolve from vinyl records to CDs and years to go from CDs to MP3 players. Now Internet radio is shaping up as competition for digital audio players by providing free online music streaming from websites such as Pandora and Spotify. Singer-songwriter Theresa Andersson had just wrapped up a set at the New Orleans Jazz and Heritage Festival, and new fan Dana Spanierman was already planning how she could hear similar bluesy harmonies. ...

Architects hit the road to survive property crash Posted: (Reuters) - Working for one of the world's best-known architecture firms, Norman Morgan and Brent Sparks were used to new business landing on their desks. But when the financial crisis struck in 2008, they abandoned the Fort Worth office of HKS Inc, jumped into Morgan's Ford pick-up truck and began to criss-cross the back lands of Texas, looking for any kind of jobs for the firm. On their road-trip, they knocked on the doors of rural Texas hospitals they spotted from the highway, often with no appointment. Architects from rival firms were also on the ground, trying to drum up new clients. ...

China to construct more energy-efficient buildings: Xinhua Posted: SHANGHAI (Reuters) - China wants energy-efficient buildings to account for 30 percent of all new construction projects by 2020 to bring its building energy consumption ratio closer to that of developed countries, the official Xinhua News Agency reported on Sunday. In order to achieve that goal, the government will step up incentives for green buildings, improve industry standards and promote technological improvements and the development of related industries, Xinhua reported, citing a document released by the Ministry of Finance and the Ministry of Housing and Urban-Rural Development. ...

India to deliberate tax measures as investors fret Posted: MUMBAI (Reuters) - Whatever its intentions in cracking down on abuse of tax havens, India has alienated overseas investors with the timing and communication of its measures when it can ill afford to do so. India's move to target tax evaders through a general anti-avoidance rule (GAAR), along with a plan to retroactively tax the indirect transfer of assets, has spooked investors and added to an exodus of funds, battering the rupee. ...

Kazakh copper miner offers wage rise to end strike Posted: ALMATY (Reuters) - Kazakh copper miner Kazakhmys agreed on Sunday to raise wages if about 300 workers call off an underground protest that has unnerved authorities in the Central Asian state following deadly riots in an oil town. London-listed Kazakhmys, the world's 11th-largest copper producer, sent senior managers to negotiate with the miners in central Kazakhstan and said it would not punish striking workers if they agreed to enter constructive talks. Around 80 miners failed to emerge after their Friday shift at the Annensky underground mine came to an end. ...

Statoil to drill with Rosneft on Russian shelf Posted: MOSCOW (Reuters) - Norway's Statoil will drill in Russian Arctic waters thought to contain 2 billion metric tons (2.20 billion tons) of oil in partnership with Rosneft, marking the third deal of its kind for the Russian state company. The agreement, signed on Saturday, provided a showcase for president-elect Vladimir Putin, serving out his final days as prime minister before a May 7 inauguration, and Deputy Prime Minister Igor Sechin, in charge of energy and industrial policy. ...

UK urged to force firms to report carbon emissions Posted: LONDON (Reuters) - Britain's government should force large companies to provide annual information on their carbon emissions in addition to reporting profits and executive pay, an alliance of businesses and environmental groups said, backed by public opinion. Environmental groups and companies including PepsiCo , Microsoft and Marks & Spencer , working together as the Aldersgate Group, called on the UK to speed up plans to enforce carbon emissions reporting requirements. ...

Romania seals deal with IMF to raise public wages Posted: BUCHAREST (Reuters) - Romania has sealed an agreement with international lenders to restore public wages to their previous levels, a senior official said, as part of the government's efforts to ease an unpopular austerity program. The International Monetary Fund (IMF) has said Romania has some space to ease austerity, which included a 25 percent cut in public sector salaries in 2010. Some have since been restored. Romania's centre-right government collapsed in April when it lost a vote of confidence in parliament, underscoring public dissatisfaction with its austerity program. ...

Costa puts hopes on new flagship after cruise disaster Posted: VENICE (Reuters) - Cruise operator Costa Crociere took delivery of a new flagship liner on Saturday, hoping the glamour of Italy's biggest ship will mark a new era for a company whose reputation was marred by the deadly Concordia disaster. The 114,500-tonne Costa Fascinosa, built by state-owned shipyard Fincantieri, has space for 3,500 passengers. An even bigger vessel, with 5,000 berths, should be ready in 2014 for a company that says bookings have recovered from the crisis. "We can't ignore the January accident. It hit us hard. ...

Europe must balance austerity with growth: EU's Rehn Posted: BRUSSELS (Reuters) - Europe needs to balance cutting its debt with measures to stimulate growth, the region's top economics official said on Saturday, as austerity threatens to drag the bloc into its second recession in three years. During the financial crisis, the message from Brussels has been that struggling euro zone countries must cut their budget deficits and carry out structural reforms to increase competitiveness. ...

FCC rejects Liberty Media bid for Sirius XM control Posted: (Reuters) - A federal regulator dismissed John Malone's Liberty Media Corp's application to take control of Sirius XM Radio Inc with its current stake of 40 percent. Friday's decision by the U.S. Federal Communications Commission came after Liberty Media, Sirius XM's largest shareholder, in March requested approval to take over the company's operating licenses, arguing that it had de facto control of Sirius XM with its large stake and board seats. ...

'Avengers' smashes record: $200.3 million debut Posted: Hollywood's superhero summer has arrived with a vengeance.

Blasts, fire at Thai petrochemical plant kill 12 Posted: Officials say explosions and a fire at one of the world's largest petrochemical industrial estates have killed 12 people and injured more than 100 others in eastern Thailand.

"Crab" chips, fruity Oreos? They're big overseas Posted: Russians prefer their Lay's potato chips dusted in caviar and crab flavors. The Chinese like their Oreos stuffed with mango and orange cream. And in Spain, Kellogg's All-Bran cereal is served floating in hot coffee instead of cold milk.

Angry Greeks vote in key parliamentary election Posted: Greeks hammered by two years of deep spending cuts voted Sunday in a parliamentary election critical to the country's prospects for pulling itself out of a deep financial crisis that has roiled global markets and threatened Greece's position in the eurozone.

Angry Greeks vote in keyl parliamentary election Posted: Greeks hammered by two years of deep spending cuts voted Sunday in a parliamentary election critical to the country's prospects for pulling itself out of a deep financial crisis that has roiled global markets and threatened Greece's position in the eurozone.

Biden says no 'stagnation' in employment numbers Posted: Vice President Joe Biden says the latest job numbers show an economy still struggling to recover, but not one where hiring suddenly has stalled.

Italy votes in local election, first since Monti Posted: Italians voted Sunday in the first elections since Mario Monti was tapped to save Italy from its debt crisis — balloting seen as a gauge of public anger over parties supporting his austerity measures and disillusionment over Italy's traditional political blocs.

Angry Greeks vote in critical election Posted: Greeks hammered by two years of deep spending cuts voted Sunday in an election critical to the country's prospects for pulling itself out of a deep financial crisis that has roiled global markets and threatened Greece's position in the eurozone.

Senate turns to partisan fight over student loans Posted: The Senate is the newest arena in the election-year face-off over federal student loans, and both sides are starting out by pounding away at each other.

Leaders fall in Europe crisis: Sarkozy next? Posted: French President Nicolas Sarkozy is widely expected to be kicked out of office in elections Sunday. If he goes, he'll be in good company: Almost every crisis-hit European country that has held an election since disaster struck in 2009 has thrown out its leader.

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