DUBAI (Reuters) – President Mahmoud Ahmadinejad said on Monday he was ready to be the first human sent into orbit by Iran's fledgling space program, Iranian media reported. Iran declared last week that it had successfully launched a monkey into space and retrieved it alive, which officials hailed as a major step towards their goal of sending humans into space. The launch added to Western concerns about Iran's space program because the same rocket technology could potentially be used to deliver a nuclear warhead on a ballistic missile. … Ahmadinejad wants to be Iran's first astronaut
TEHRAN, Iran (AP) -- President Mahmoud Ahmadinejad says he’s ready to be the first Iranian astronaut sent into space as part of Iran’s goal of manned space flight.
Citi names de Vecchi European Investment Banking Chairman
LONDON (Reuters) – Citigroup Inc has appointed veteran dealmaker Luigi de Vecchi as chairman for corporate and investment banking in continental Europe, it said in an emailed statement on Monday. De Vecchi, who was previously global co-head of investment banking at Credit Suisse and has also worked at Goldman Sachs , will be based in Italy and is part of the U.S. bank's plan to beef up its investment banking franchise in the region. … London play examines financial crisis using pile of cash
LONDON (Reuters) – One of the first things people see when they sit down to watch “Money the Game Show” at The Bush Theatre in London is a pile of 10,000 pound coins on the floor of the stage. Standing by is a security guard to ensure the cash does not go missing over the ensuing 90 minutes during which two “hedge fund managers” guide the audience through the world of derivatives trading and the 2008 financial crisis. …
Thais angered by Saturday Night Live's language of love
BANGKOK (Reuters) – A U.S. comedy skit that makes fun of Thailand’s booming sex industry has angered the government and it is trying to block videos of the sketch on the Internet, the Thai culture minister said on Monday. The skit on the Saturday Night Live program is a parody of an advertisement for a Thai-language course by the Rosetta Stone company, which shows men surreptitiously learning phrases for use in Thailand’s notorious night-life, such as: “Take your clothes off.” Culture Minister Sonthaya Kunploem was not amused. …
Foxconn says to boost China worker participation in union
TAIPEI/BEIJING (Reuters) – Foxconn Technology Group, the assembler of most of the world's top-selling electronic gadgets including Apple Inc's iPhone, is trying to raise participation in its union as pa rt of efforts to dispel a rash of bad publicity over poor working conditions and labor disputes. Taiwan's Foxconn, which employs more than 1 million people, mostly in China at huge factory complexes, hit the headlines in mid-2010 following a spate of worker suicides and widespread allegations of poor conditions, long hours and low wages. Apple, Foxconn's main client, asked the U.S. … Mali Tuaregs seize two Islamist leaders fleeing French strikes
KIDAL, Mali (Reuters) – Tuareg rebels in northern Mali said on Monday they had captured two senior Islamist insurgents fleeing French air strikes toward the Algerian border, and France pressed ahead with its bombing campaign against al Qaeda's Saharan desert camps. Pro-autonomy Tuareg MNLA rebels said they had seized Mohamed Moussa Ag Mohamed, an Islamist leader who imposed harsh sharia law in the desert town of Timbuktu, and Oumeini Ould Baba Akhmed, believed to be responsible for the kidnapping of a French hostage by the al Qaeda splinter group MUJWA. … UK to strengthen sanctions against failed bankers
LONDON (Reuters) – Chancellor George Osborne said on Monday that the government plans to strengthen sanctions against senior bankers and open up bank payment systems to stimulate competition in the industry. “I want to see how we can strengthen the sanctions regime for senior bankers – for example, should there be a presumption that the directors of failed banks do not work in the sector again?,” Osborne said in a speech on bank reform. (Reporting by Matt Scuffham; Editing by Steve Slater)
Cremation of Cambodia's King Sihanouk begins
PHNOM PENH, Cambodia (AP) -- The mourning period for Cambodia's late King Norodom Sihanouk has culminated with an elaborate cremation ceremony led by his widow and his son, the current monarch. 
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