Deutsche bosses seek to win over skeptical shareholders

Pedestrians are reflected in a window as they walk in front of the headquarters of Deutsche Bank AG in FrankfurtBy Edward Taylor FRANKFURT (Reuters) – Deutsche Bank's bosses tried to convince skeptical shareholders at a lively annual meeting on Thursday that the bank was on the right track again after facing a host of legal problems. Co-chief Executives Anshu Jain and Juergen Fitschen, who took charge nearly a year ago, are trying to steer Germany's largest bank through a major restructuring and resolve its many legal issues. They are also trying to reshape the bank in the wake of the financial crisis for an industry with lower profit margins and higher regulatory costs. …

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At least 18 soldiers, four Islamists killed in Niger: sources

NIAMEY (Reuters) – At least 18 soldiers and four suspected Islamists were killed in a fierce gunbattle following a dawn car bomb attack at a barracks in the northern Niger town of Agadez, military sources and a local official said. “There are 18 soldiers and four attackers dead in Agadez,” said one source. “One of the attackers has taken two or three soldiers hostage and is holed up in a house. We have him surrounded.” (Reporting by Abdoulaye Massalatchi in Niamey and David Lewis in Bamako; Writing by Daniel Flynn; Editing by Andrew Roche)

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IMF's Lagarde – a pragmatist in austerity debate

IMF Managing Director Lagarde adjusts her headphones as she listens to a question during the G20 in Mexico CityBy Catherine Bremer PARIS (Reuters) – Christine Lagarde has made her mark as International Monetary Fund chief by taking a firm yet pragmatic stance in the austerity-versus-growth debate raging as Europe struggles to pull itself out of a long crisis. Lagarde, who was quizzed by a Paris magistrate on Thursday over a 2007 arbitration payment she made as French finance minister to settle a spat between the state and a businessman, was appointed IMF head in June 2011. …

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GSK flu shot may raise adult narcolepsy risk: Finnish scientists

HELSINKI/LONDON (Reuters) – GlaxoSmithKline Plc’s H1N1 pandemic flu shot may put adults at higher risk of developing narcolepsy, not only children as previous studies found, Finland’s National Institute for Health and Welfare said on Thursday. Growing evidence of a link between GSK’s Pandemrix vaccine and an increase in narcolepsy, a rare sleep disorder, among children who received it in Europe has delayed approval of a similar vaccine in the United States. …

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Olazabal urges Woods and Garcia to settle row

European Ryder Cup captain Jose Maria Olazabal smiles during a news conference in a hotel near Heathrow Airport, in west LondonBy Tony Jimenez VIRGINIA WATER, England (Reuters) – Former European Ryder Cup captain Jose Maria Olazabal drew on the memory of his 2003 spat with Padraig Harrington as he urged fellow Spaniard Sergio Garcia and Tiger Woods to settle their differences. Garcia and 14-times major winner Woods have always had a frosty relationship and the Spaniard had to issue an apology on Wednesday after making a “fried chicken” jibe at the world number one at the European Tour's Player of the Year dinner the previous day. …

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Britain's Cameron says will never give in to terror

LONDON (Reuters) – British Prime Minister David Cameron said on Thursday the country would remain resolute in its opposition to terrorism after two men hacked to death a soldier in south London. “This country will be absolutely resolute in its stand against violent extremism and terror,” he said, on the steps of his 10 Downing Street residence. “We will never give in to terror or terrorism in any of its forms.” (Reporting by Kate Holton)

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Golf-Olazabal urges Woods and Garcia to settle row

By Tony Jimenez VIRGINIA WATER, England, May 23 (Reuters) – Former European Ryder Cup captain Jose Maria Olazabal drew on the memory of his 2003 spat with Padraig Harrington as he urged fellow Spaniard Sergio Garcia and Tiger Woods to settle their differences. Garcia and 14-times major winner Woods have always had a frosty relationship and the Spaniard had to issue an apology on Wednesday after making a “fried chicken” jibe at the world number one at the European Tour’s Player of the Year dinner the previous day. …

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