Barclays told to hand over 42 names in Libor case
LONDON (Reuters) – Barclays has been told by a High Court judge to hand over documents, emails and other details of 42 staff involved in the setting of interest rates, as part of Britain's first lawsuit linked to alleged Libor manipulation. The British bank was also t old the names of the staff would not be kept secret, which Barclays had requested, Judge Julian Flaux said. Barclays, which was fined $450 million (283.7 million pounds) in June by U.S. …
Facebook stock jumps as share lockup expires
SAN FRANCISCO (Reuters) – Shares of Facebook Inc jumped as much as 11.2 percent on Wednesday, as investors breathed a sigh of relief that expiring tradi ng restrictions on a huge block of shares did not trigger an immediate wave of insider selling. "While the lockup is expiring, there is nothing requiring anybody to sell," said Tim Ghriskey, chief investment officer at Solaris Group in Bedford Hills, New York. "Given the low price, these long-term holders are deciding to hold the stock, and that is lifting it here as the fear of the expiration subsides. …
Autos drag on retail sales, price pressure subdued
WASHINGTON (Reuters) – Retail sales fell in October for the first time in three months as superstorm Sandy slammed the brakes on automobile purchases, suggesting spending lost momentum early in the fourth quarter. Other data on Wednes day showed wholesale prices falling last month for the first time since May, giving the Federal Reserve latitude to maintain its ultra-easy monetary policy stance. Retail sales dipped 0.3 percent after a 1.3 percent increase in September, the Commerce Department said. Economists had expected sales to fall 0.2 percent. …
Syrian rebels take villages near Israel-held area
Syrian rebels control almost all the villages near the frontier with the Israel-held Golan Heights, the Israeli defense minister said Wednesday, bringing the conflict dangerously close to the Jewish state and raising the possibility of an armed clash with the region's strongest power.
Alouettes safety Hebert hurts ankle in practice, calls it a bug bite.
MONTREAL – Safety Kyries Hebert insists it was a bug bite and not a left ankle sprain that caused him to limp off the field at the Montreal Alouettes practice on Wednesday.
Israel has long history of killing Hamas leaders
Ahmed Jabari, the Hamas military chief, is the latest of a number of Hamas leaders killed by Israel in airstrikes over the past decade.
Obama says US not ready to recognize or arm newly formed Syrian opposition group
WASHINGTON – President Barack Obama says he is encouraged that the Syrian opposition has formed a new, more representative leadership council. But he says the U.S. isn’t ready to recognize the group as a “government in exile” or to arm it.
Jordan hit by 2nd day of violent street protests
Jordanians hurled stones at riot police and chanted unprecedented slogans against the monarchy for a second day Wednesday as growing anger over price hikes threatened to plunge the U.S.-allied kingdom into a wave of unrest.
Despite tough economic times, more Canadians are donating to charities
TORONTO – A new survey suggests more Canadians are willing to loosen their purse strings for charity.
Uruguay congress considers same-sex marriage law
Uruguay’s congress is considering a proposal to legalize gay marriage.
Egypt recalls envoy to Israel after Gaza strike
Egypt has recalled its ambassador to Israel after an Israeli airstrike killed the military commander of Gaza’s ruling Hamas.
Police look for man who ripped plants from site of new Afghan memorial
TRENTON, Ont. – Police in eastern Ontario are looking for a man who apparently yanked plants from around a new memorial honouring Canadian soldiers killed in Afghanistan.
EU: new aid to Egypt partly tied to IMF loan
The European Union will release about half of a 1.2 billion euro package of grants and loans to Egypt, officials said Wednesday, a badly needed boost for the battered Egyptian economy.
The spaceship lands: Futuristic-looking $40M art museum opens at Michigan State University
EAST LANSING, Mich. – Long a subject of fascination for passers-by, the futuristic Eli and Edythe Broad Art Museum at Michigan State University is itself a contemporary work of art.
St-Pierre, Condit shake hands and exchange compliments ahead of championship bout
MONTREAL – Expect the fighting to be limited to the cage in the main event of UFC 154.
For Israel, costs and benefits of striking Gaza
Israel’s assassination of senior Hamas militant Ahmed Jabari on Wednesday appears to be just the start of the farthest-reaching offensive on Gaza for years. Various Israeli officials had been agitating for days for serious retaliation to rocket fire from Gaza, never mind Hamas promising to stop the rockets on Tuesday. Today, those officials’ wish was granted.
AFN national chief Atleo vents First Nations frustrations at Harper, Duncan
OTTAWA – The Assembly of First Nations is warning the prime minister that Canada’s aboriginal communities are at the end of their rope.
Pakistan agrees to free Taliban for peace process
Pakistan agreed to free a handful of Taliban prisoners at the request of the Afghan government, in a move meant to help jumpstart a shaky peace process with the militant group in neighboring Afghanistan, officials said Wednesday.
Israel says it is prepared to broaden Gaza attack
Israel's prime minister says the military is prepared to broaden its operation against Hamas targets in Gaza.
Wednesday, November 14, 2012
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