TUNIS, Tunisia – The lawyer for a prominent jailed TV station owner says Tunisia’s highest court has struck down an order for his incarceration over a charge of “illegal earnings” pending against him.
Exclusive: Vivendi gets four bids for GVT - sources
PARIS (Reuters) – Vivendi is examining four non-binding offers above 6 billion euros ($7.75 billion) for its Brazilian broadband specialist GVT, according to a person famili ar with the situation. The offers are below the 7 billion euros that sources had earlier told Reuters Vivendi was aiming to garner from the sale of GVT, an alternative provider of fixed telephone, broadband, and TV services in 120 Brazilian cities. Preliminary bids were submitted by satellite group DirecTV , Mexican telecom giant America Movil , and a group of private equity funds, said two people familiar with the matter. … Microsoft CEO defends its innovation record, financial results
BELLEVUE, Washington (Reuters) – Microsoft Corp Chief Executive Steve Ballmer def ended his company's record on innovation and financial performance at the annual shareholders' meeting, but conceded that he should have moved faster to get into the booming tablet market dominated by Apple Inc's iPad. Bill Gates, co-founder and now chairman of the world's largest software company, was one of the first to champion tablet-sized devices more than 10 years ago, but Microsoft failed to come up with a product that worked as well as the iPad. … Group to review endangered status of whales that ply Canadian and U.S. waters
VANCOUVER – An American law firm has taken on the case of farmers who want killer whales that live in the waters between British Columbia and the U.S. removed from the endangered species list.
Colombia leaves pact recognizing U.N. court rulings
BOGOTA (Reuters) – Colombia has withdrawn from a treaty that binds it to the U.N. International Court of Justice in anger at a ruling that shifts some of its resource-rich waters to Nicaragua, President Juan Manuel Santos said on Wednesday. The Hague-based court last week reduced an expanse of sea belonging to Colombia, drawing a demarcation line in favor of Nicaragua even while saying a cluster of disputed islands in the western Caribbean belonged to Colombia and not to Managua. …
Edmonton mayor slams Toronto for sticking nose in its elephant business
EDMONTON – Edmonton Mayor Stephen Mandel says Toronto city council is being ridiculous by calling on the Alberta capital to move an aging elephant out of its zoo.
U.S. may be next hot spot for infrastructure debt investments
NEW YORK (Reuters) – As asset management firms like BlackRock Inc and Allianz Global Investors introduce global infrastructure debt investments in Europe, they are eyeing other markets. And some say that the U.S. may be a logical next step. On Monday New York-based BlackRock announced it launched a European infrastructure debt division that will lend to companies in sectors such as transportation and regulated utilities. In Europe, high-yielding infrastructure loans have been traditionally owned by banks. However, those banks are retreating from this area due to the regulatory environment. …
Canadian Museum of Nature adds minerals to expanded Earth gallery
OTTAWA – The Canadian Museum of Nature says it has doubled the size of its Vale Earth Gallery, adding interactive displays and 14 oversized “showstoppers” from its permanent collection.
Epping edges defending champion Martin 7-6 in Draw 1 of Canada Cup
MOOSE JAW, Sask. – John Epping opened the Capital One Canada Cup curling competition Wednesday with a 7-6 win over defending champion and Olympic gold medallist Kevin Martin.
Groupon's Mason, under fire, to fire himself if needed
NEW YORK (Reuters) – Groupon Inc Chief Executive Andrew Mason, under fire for a plunging share price and tapering growth, sa id on Wednesday he would fire himself if he ever thought he was the wrong person for the job. Groupon has shed four-fifths of its value since its public trading debut as an investor favorite during last year's consumer dotcom IPO boom, and Mason himself has presided over a string of high-profile executive departures. Wall Street has grown uneasy about the viability of its business as fever for daily deals has cooled among consumers and merchants, hurting its growth rate. … Amnesty urges Kuwait not to crack down on protests
KUWAIT (Reuters) – Kuwaiti authorities must allow protesters to gather peacefully and express their views without the threat of arrest, Amnesty International said ahead of an opposition march over voting rules planned later this week. Protesters plan a march in central Kuwait on Friday, on the eve of parliamentary elections which the opposition is boycotting in protest. Opposition politicians and youth protest groups say new voting rules introduced by Kuwait’s 83-year-old ruler by decree in October are an attempt to skew the December 1 election in favour of pro-government candidates. …
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