The meeting next Wednesday would aim to negotiate possible concessions addressing those concerns, the Journal said, citing people familiar with the matter. Staffers at both the Justice Department and the Federal Communications Commission remain concerned the combined company would have too much power in the Internet broadband market and would have unfair competitive leverage against TV channel owners and businesses offering online video programming, the Journal said. Representatives of the two companies and the Justice Department did not immediately respond to Reuters' requests for comment on the Journal report. News of the planned meeting followed a report by Bloomberg on Friday that staff attorneys at the Justice Department's antitrust division were nearing a recommendation to block the deal.
Greece aims for a deal with its creditors over a reforms package but will not retreat from its red lines, the country's deputy prime minister told the Sunday newspaper To Vima, not ruling out a referendum or early polls if talks reach an impasse. Athens is stuck in negotiations with its euro zone partners and the International Monetary Fund over economic reforms required by the lenders to unlock remaining bailout aid. "Our objective is a viable solution inside the euro," Yannis Dragasakis told the paper. The aim is (to reach) an agreement." Greece is quickly running out of cash and in the next few weeks may face a choice of either paying salaries and pensions or paying back loans from the International Monetary Fund.
Finns go to the polls on Sunday in legislative elections expected to oust the left-right government after a campaign that has focused heavily on how to lift Finland out of a three-year economic slump. Public opinion polls have predicted a resounding victory for the liberal-agrarian Centre Party leader Juha Sipila, a 53-year-old IT millionaire and newcomer to politics. Elected to parliament in 2011, Sipila became party leader in 2012 when he was still virtually unknown to most Finns. Tradition dictates that the largest party takes the post of prime minister and forms a government with the other largest parties to obtain a majority in parliament.
With its huge new infrastructure bank and its ambitions for a globalized renminbi currency, China is leading the upending of a 70-year-old global order built on American economic power. Beijing's rise was confirmed this week at the Spring meetings of the World Bank and International Monetary Fund in Washington, the two institutions by which the economic vision of the United States has been propagated across the world since their founding in 1944. The US-selected president of the World Bank, Jim Yong Kim, applauded China's "bold step in the direction of multilateralism" for its new Asia Infrastructure Investment Bank, even as many view it as a rival to the Bank. Kim stressed though that he expects the World Bank and the AIIB will work "very closely" together.
Arsene Wenger set his sights on a record-breaking FA Cup triumph after holders Arsenal rode their luck to return to the final with a 2-1 win over Reading. Wenger's club will contest a record 19th FA Cup final against Aston Villa or Liverpool thanks to a howler from Reading goalkeeper Adam Federici, who allowed Alexis Sanchez's tame extra-time shot to squirm into the net to settle a tense semi-final at Wembley on Saturday.
By Andy Sullivan NASHUA, N.H. (Reuters) - Republican presidential hopefuls Rand Paul and Lindsey Graham took their debate over America's role in the world from the U.S. Senate floor to the campaign trail on Saturday in an early sign that foreign policy is likely to be a flash point in the 2016 election. At a gathering of 18 potential and actual White House contenders, Paul accused fellow Republicans of being too willing to commit U.S. troops to foreign conflicts without a clear idea of how to get them out. There's a group of folks in our party who would have troops in six countries right now, maybe more." That drew a rebuke from Graham, a South Carolina senator and Air Force reservist who frequently criticizes Democratic President Barack Obama for not being aggressive enough with adversaries like Iran and the Islamic State.
By David Milliken LONDON (Reuters) - Chancellor George Osborne said on Sunday that he intends to sell billions of pounds of government shares in Lloyds Banking Group to small investors if his Conservative Party wins the May 7 election. Britain's government put more than 20 billion pounds of public money into Lloyds at the height of the financial crisis in 2008 and 2009 - buying 43 percent of the bank - and has since sold almost half of this back to large investors. The move harks back to the privatisation of Britain's state telecoms and gas monopolies in the 1980s under former Prime Minister Margaret Thatcher, which aimed to encourage ordinary Britons to invest in the stock market. With opinion polls published overnight showing the opposition Labour Party level with the Conservatives, Prime Minister David Cameron is expected later on Sunday to promote the planned sale as a sign of Britain's recovery from the financial crisis.