News Headlines - 07 May 2014

▽BBC News - Vietnam and China ships 'collide in South China Sea'

Vietnamese naval ships and Chinese vessels have collided in the South China Sea, Vietnamese officials say.
The incident happened as the Vietnamese navy was trying to prevent the Chinese from setting up an oil rig in an area claimed by both nations.

▽Thai Premier Yingluck Ousted After Abuse of Power Ruling - Bloomberg

Thai Prime Minister Yingluck Shinawatra was removed from office by the Constitutional Court, raising the risk of fresh protests in the capital after months of unrest.
Yingluck, 46, “violated the constitution,” Judge Udomsak Nitimontree said today in a nationally-televised ruling. She transferred the secretary-general of the National Security Council in 2011 in a process that “indicates an abuse of power,” the judge said.

▽Japan's SoftBank says won't sell Alibaba shares in listing | Reuters

Japan's SoftBank Corp said it would not sell any of its shares in Chinese online commerce company Alibaba Group Holding Ltd, which is preparing for what could be the largest market debut by a technology company in history.
SoftBank is the biggest shareholder in the Chinese e-commerce giant with a 34.4 percent stake that could be worth more than $50 billion after the initial public offering.

▽Lewinsky breaks 10-year silence to rap Hillary for blaming woman - Independent.ie

Monica Lewinsky has broken nearly a decade of silence to say she was "troubled" by Hillary Clinton's impulse to "blame the woman" – rather than her husband – for the affair that nearly brought down Bill Clinton's presidency.

▽BBC Sport - Helena Costa: French Ligue 2 side Clermont Foot name woman boss

Portugal's Helena Costa is to be the highest-profile female manager of a European men's team after being named head coach of Clermont Foot in France.