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China overtakes Japan as No.2 economy: FX chief
BEIJING (Reuters) - China has overtaken Japan to become the world's second-largest economy, the fruit of three decades of rapid growth that has lifted hundreds of millions of people out of poverty.


House to take up offshore drilling reform bill
WASHINGTON (Reuters) - Three months after the catastrophic oil rig explosion that sent millions of gallons of crude spewing into the Gulf of Mexico, the U.S. House of Representatives was poised on Friday to debate legislation clamping down on the industry's offshore drilling practices.


U.S. embassy employees poisoned by mail: French police
PARIS (Reuters) - Three employees of the U.S. embassy in Paris were being treated for poisoning on Friday after opening mail, a police source told Reuters.


Arizona appeals immigrant law ruling amid protests
PHOENIX (Reuters) - Arizona on Thursday appealed a judge's decision to block key parts of the state's crackdown on illegal immigrants and police in Phoenix arrested scores of activists protesting the remaining measures in the law.


Economic growth seen slower in Q2 on imports
WASHINGTON (Reuters) - Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday.


BP lawsuits over oil spill take center stage
BOISE, Idaho (Reuters) - More than 2,000 miles from the Gulf of Mexico shoreline, a panel of U.S. judges heard arguments from lawyers on Thursday on how piles of oil spill-related lawsuits against BP Plc should be merged.


WikiLeaks may have blood on its hands, U.S. says
WASHINGTON (Reuters) - The whistle-blowing website WikiLeaks may have blood on its hands, the Pentagon said on Thursday, warning its unprecedented leak of secret U.S. military files could cost lives and damage trust of allies.




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