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News Feed Latest worldwide news Kohlberg to take Steinway Musical private in $438 mln deal July 1 (Reuters) - Steinway Musical Instruments Inc said it would be acquired by private equity firm Kohlberg Co in a deal valued about $438 million. Factory activity, hiring slows in June Markit NEW YORK (Reuters) - Manufacturing activity grew in June at its slowest pace in eight months as overseas demand dried up and firms took on the fewest new workers in more than three years, a survey showed on Monday. Reuters Today Is that it for China? Plus, welcome Guv! July 1 - China factory data keeps investors on edge ahead of PMIs from the euro zone and the U.S. Plus, Mark Carney takes over as head of Bank of England. PRESS DIGEST - British Business - July 1 July 1 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. Job Title Key to Inner Access Held by Snowden Edward J. Snowdens assignment as an infrastructure analyst helps explain how he could lay bare the National Security Agencys efforts to identify potential targets. Lawmakers hover as more homeowners rent rooms to visitors LONDON (Reuters) - For British student Carly Connor a trip to London for a city break would be impossible if she had to pay for a hotel so instead she rents a room in a Londoner's home. Sports Briefing | Football Krafts Super Bowl Ring Said to Be a Gift to Putin A spokesman for President Vladimir V. Putin of Russia said the New England Patriots owner, Robert Kraft, meant for a diamond-encrusted Super Bowl ring to be a gift to Mr. Putin eight years ago. Well A Bowl of Cherries The Recipes for Health columnist Martha Rose Shulman offers five new ways to make cherries a part of your meal. IHT Special Women Fuel Rise in Remittances From the Gulf Migrant workers in members states of the Gulf Cooperation Council have sent more than $50 billion back to their home countries over the past year. Selma Blair exits 'Anger Management' Charlie Sheen's FX comedy "Anger Management" has lost a leading lady. Dot Earth Blog Obama Previews an Upcoming Global Warming Speech President Obama plans to deliver a big global warming speech on Tuesday. Will action follow? Dance Review Jennifer Monson and Friends Perform at La MaMa Moves! Leading a triple bill at the LaMaMa Moves! Dance Festival, Jennifer Monson and Niall Jones performed a highly unpredictable duet. Meet the world's ugliest dog of 2013 June 24 - The winner of the World's Ugliest Dog Contest for 2013 is a Beagle, Basset, Boxer mix named Walle who appears to be "photoshopped" according to one of the judges. Elly Park reports. Greece No jobs for youth As European heads of state meet to tackle youth unemployment,, almost a quarter of people under 25 are out of work across the region. But it is even worse for Greeks like Lefteris Kalogerakis. At U.S. Womens Open, Park Calmly Makes It Three Majors in a Row Inbee Park won her second United States Womens Open by four strokes, becoming the first female player to win the first three majors in a season since 1950. Becoming a Tour de France champ CNN's Amanda Davies joins a professional team in Italy to learn the grueling regime of top cyclists. RPT-Coal shares tumble as investors see no sign of turnaround June 28 (Reuters) - Dave Steinberg often feels like one of the last remaining bulls in the tumbling U.S. coal market, and even he struggles to put a happy face on the industry. Is this the world's weirdest instrument? Is it a guitar? Is it a piano? Nope, it is a crazy iPhone-powered combination of both. Plus it has a built in bass, violin and drum machine to boot. The Artiphon Instrument 1 looks something like a medieval lute, but with a smart phone jammed into its belly. Scientists Find Canadian Oil Safe for Pipelines, but Critics Say Questions Remain The study found that the crude proposed for the Keystone XL pipeline posed no increased risks of transport, but environmental groups said its possible environmental hazards required scrutiny. Benchmark's Bill Gurley on writing "Above the Crowd" Gurley explains the through process of his writing and what he hopes to achieve with it. Emerging markets inflows to fall in 2014 on Fed exit fears -report MEXICO CITY, June 28 (Reuters) - Private capital flows to emerging markets are set to fall in 2014 to their lowest since the global financial crisis as expectations grow for an unwinding in U.S.... Stephen Kings Under The Dome, Adapted for a TV Series Under the Dome, a new CBS TV series based on Stephen Kings thriller about a town trapped by alien or supernatural means, is inspired by some real-life locales and his own environmental worries. RPT-DEALTALK-Snowden fallout comes at bad time for private equity * Carlyle's peers seen overpaying for companies in 2007-11 T Magazine The Scene | Paris Mens Fashion Week Paul Smith Scenes from the mens fashion week photo diary of Alfredo Piola. DealBook Europe Accuses 13 Banks of Blocking Entrants to Default Swaps Market The European Commission says it has found evidence that the banks had tried to prevent exchanges from entering the credit derivatives business between 2006 and 2009. Gemfields estimates full-year auction revenue to fall 46 pct July 1 (Reuters) - Precious stones miner Gemfields Plc said its auction of emeralds would take place a month later than originally planned and that the delay would lead to a 46 percent fall in full-year auction revenue. Park wins third consecutive major with Women's Open title (Reuters) - South Korean Park Inbee became only the second LPGA player to win the first three majors in a season when she roared to a four-stroke victory at the U.S. Womens Open on Sunday. Sports Briefing | College Basketball North Carolinas P.J. Hairston Charged With Marijuana Possession The Durham police charged North Carolinas leading scorer, P. J. Hairston, with marijuana possession after a traffic stop. David Wall, a Prince Among Dancers, Is Dead at 67 Mr. Wall, a handsome redhead widely known as Ginger, became the youngest principal dancer in the history of the Royal Ballet in 1966. Tribune to buy Local TV for $2.73 bln July 1 (Reuters) - Tribune Co said it would acquire Local TV Holdings LLC, which owns 19 television stations, for $2.73 billion in cash. Financial Crisis Amplifies Educations Value A new report from the Organization for Economic Cooperation and Development found that unemployment rates were much higher for workers with less education. Sports Briefing | Hockey Red Wings and Kindl Agree on Four-Year Deal The Detroit Red Wings and defenseman Jakub Kindl have agreed to terms of a four-year contract. South Korea's Park triumphs at U.S. Women's Open South Korea's 24-year-old Inbee Park entered the golfing record books as she wrapped up a four-shot victory in the U.S. Women's Open in Sebonack, New York. Soros Angela Merkel was the creator of the European crisis George Soros explains to Reuters' Chrystia Freeland how German Chancellor Angela Merkel's actions in 2008 could lead to the disintegration of the European Union. Consequently, a disorderly default of European sovereignties may lead to a global financial meltdown worse than 2008. He explains his analysis here. Ivory Coast forest clearances threaten cocoa exports, human rights BALEKO-NIEGRE, Ivory Coast (Reuters) - The Ivory Coast is clearing tens of thousands of cocoa farmers from protected forests, threatening exports from the world's top grower and leading to complaints about human rights abuses. Snowdens Fate Is Up to Russia, Ecuador Says President Rafael Correa said it was up to Russia to decide what happens to Edward J. Snowden, the American intelligence leaker, but Russia maintains that Mr. Snowden is not its problem. Guess who? Djokovic, Murray and Serena lead unfamiliar cast LONDON (Reuters) - Novak Djokovic, Andy Murray and Serena Williams will head a cast of fresh-faced hopefuls on Monday as Wimbledon heads into the second week which will be a Federer-free zone for the first time in 11 years. Ex-Leader of Chile Wins Primary in Bid to Return Michelle Bachelet, who was president of Chile from 2006 to 2010, won a lopsided victory in a national primary on Sunday. Croatia joins EU July 1 - Croatia joins EU as the 28th member with an official ceremony in capital Zagreb. Rough Cut (No reporter narration). Football Man Utd signs new Asia deal Manchester United may face a new challenge on the field next season without Alex Ferguson but the English Premier League giant appears to have no domestic equals commercially with its ever expanding list of global sponsors.

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