LONDON (Reuters) – A lack of spare runway capacity at Heathrow costs Britain $22 billion (14 billion pounds) a year in lost trade and means the country is losing out to European rivals in the race for lucrative emerging markets routes, a study found. The report, commissioned by Spanish group Ferrovial's Heathrow Ltd, said the problem could only be solved by having a single hub airport – meaning either Heathrow should be expanded or a new international hub should be built. Heathrow, which has two runways, is operating at 99 percent of capacity. … NY's National Toy Hall of Fame to reveal 2012 inductees; 12 classics nominated
ROCHESTER, N.Y. – Will the Magic 8 Ball knock over the tea set? Will little green Army men outmuscle “Star Wars” action figures?
McAlpine lawyer: Settlement with BBC likely
A lawyer for the Conservative Party politician wrongly implicated in a child sex abuse scandal says a settlement with the BBC is likely to be reached shortly.
Putin deepens Russian Defense Ministry reshuffle
MOSCOW (Reuters) – Russian President Vladimir Putin fired two Defense Ministry deputies on Thursday, broadening a reshuffle at the scandal-stricken body after the minister's dismissal last week due a fraud investigation. In an order on the Kremlin website, Putin fired deputies Dmitry Chushkin and Yelena Kozlova, who oversaw finances under former minister Anatoly Serdyukov and replaced them with two associates of the new minister Sergei Shoigu. … Ex-Japan PM in line for old job; will pragmatism top nationalism?
TOKYO (Reuters) – Five years after ending a brief tenure marked by nationalist rhetoric tempered with pra gmatic diplomacy, scandals in his cabinet and a devastating election loss, former Prime Minister Shinzo Abe is poised for another shot at Japan's top job. That prospect is raising concerns that the 58-year-old grandson of a prime minister would worsen already chilly ties with China, while at home pressuring Japan's central bank to take extraordinary steps such as negative interest rates to rescue the economy from recession, a policy prescription that on Thursday sent the yen tumbling. … In UK, Twitter, Facebook rants land some in jail
One teenager made offensive comments about a murdered child on Twitter. Another young man wrote on Facebook that British soldiers should "go to hell." A third posted a picture of a burning paper poppy, symbol of remembrance of war dead. Germany, France eke out third quarter growth
BERLIN/PARIS (Reuters) – Germany and France each grew by 0.2 percent in the third quarter but with the euro zone's debt-laden members suffering deeply, the currency bloc as a whole is likely to have slid into recession. The quarterly performance of Europe's dominant economy reported on Thursday was in line with forecasts and analysts said it could not defy gravity for much longer. The French economy surprised on the upside, having been expected to post no growth at all after a revised 0.1 percent fall in the second quarter. "That was the last good number from Germany for the time being. … Japan, North Korea reopen stalled bilateral talks
Japan and North Korea began bilateral talks Thursday in Mongolia that Tokyo hopes will shed light on a series of decades-old abductions.
Afghanistan, U.S. to start tough talks on post-2014 troops
KABUL (Reuters) – Afghanistan and the United States are due to begin talks on Thursday on an agreement that will define how many American troops stay in the country after most NATO combat forces leave at the end of 2014, and the scope of their mission. The talks on the bilateral security agreement could take months, and are expected to be difficult. The thorniest issue is whether U.S. soldiers in Afghanistan are given immunity from prosecution under Afghan law. President Hamid Karzai has long demanded that U.S. …
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