FT.com / Europe - Medvedev sacks Moscow mayor

Russian President Dmitry Medvedev sacked Yuri Luzhkov, the mayor of Moscow, on Tuesday after weeks of putting pressure on him to step down voluntarily.

Mr Luzhkov had been mayor of the city since 1992 and was one of the most powerful independent figures remaining in Russian politics. The move took Kremlin watchers by surprise, as most assumed the Kremlin would negotiate Mr Luzhkov’s resignation. The mayor had been the target of attacks in the state-controlled media since coming into conflict with Mr Medvedev earlier this month

India: On the Path to Double-Digit Growth?

If it's able to control inflation and cut its debt, India could well become the world's most appealing investment opportunity.

Europe is choking on debt and scrambling to salvage its beleaguered currency. The United States is saddled by high unemployment and struggling to preserve its wobbly recovery. Even China - which has had to reign in its stimulus to cool its red-hot property market and curb inflation - may have peaked.

Gold and bonds soar on debt woes, Fed speculation | Reuters

Reuters) - Gold hit a record high of $1,300 per ounce and U.S. Treasury prices surged on Monday on renewed worries about euro-zone debt and expectations the Federal Reserve will further ease monetary policy.

Sober and single, Stones rocker Ron Wood goes solo | Reuters

By Dean Goodman
LOS ANGELES | Mon Sep 27, 2010 9:23pm BST
LOS ANGELES (Reuters) - The Rolling Stones never have to worry about fading away as long as Ron Wood is around to keep them in the tabloids.

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FTSE weaker; Smiths Group falls; Unilever gains | Reuters

The London Stock Exchange building is seen in central London September 24, 2009.
Credit: Reuters/Stephen Hird
By Tricia Wright
LONDON | Mon Sep 27, 2010 5:14pm BST
LONDON (Reuters) - The top share index closed lower in directionless trade Monday, with Smiths Group out of favour, hurt by a downgrade from BofA Merrill ...

JK Rowling talks to Oprah on Harry Potter's future | Reuters

Harry Potter author J.K. Rowling reads at the annual Easter Egg Roll on the South Lawn of the White House in Washington April 5, 2010.
Credit: Reuters/Larry Downing
NEW YORK | Mon Sep 27, 2010 5:31pm BST
NEW YORK (Reuters) - Best-selling author J.K. Rowling will appear in a rare interview on "The Oprah Winfrey Show" to talk about her life and career and the possibility of another Harry Potter book.

Israeli settlement freeze ends, peace talks in doubt | Reuters

By Jeffrey Heller and John Irish
JERUSALEM/PARIS | Mon Sep 27, 2010 4:24pm BST
JERUSALEM/PARIS (Reuters) - Palestinian President Mahmoud Abbas held back on Monday from acting on a threat to quit peace negotiations, leaving more time for diplomacy to save talks after Israel's freeze on new settlement building expired.

North Korea's political elite meet over succession | Reuters

By Jeremy Laurence and Brett Cole
SEOUL | Mon Sep 27, 2010 4:03pm BST
SEOUL (Reuters) - Isolated North Korea has summoned its political elite to a rare ruling party meeting on Tuesday in a move analysts expect will herald the start of the succession process of ailing leader Kim Jong-il's youngest son.

All eyes on Woods as U.S. arrive for Ryder Cup | Reuters

By Mitch Phillips
NEWPORT | Mon Sep 27, 2010 1:30pm BST
NEWPORT (Reuters) - The United States Ryder Cup team arrived at Cardiff airport on Monday and even before being reunited with their baggage captain Corey Pavin was fielding his first questions about Tiger Woods.