CAIRO – Egypt’s justice minister says a resolution is imminent to the political crisis stemming from the president’s move to give himself sweeping new powers.
Crown prince says he wants to reassure Saudis about king's health
JEDDAH, Saudi Arabia (Reuters) – Saudi Crown Prince Salman said he wanted to reassure “everybody” about King Abdullah’s health at a cabinet meeting on Monday, more than a week after the monarch had surgery to tighten a ligament in his back, state news agency SPA reported. The king, believed to be in his late 80s, was admitted for surgery on November 16 and an announcement from the Royal Court said that he had undergone a successful back operation that lasted for 11 hours. No photographs of Abdullah have been released since then. (Editing by Louise Ireland)
Onex to buy U.S. insurance brokerage services co for $2.3 billion
(Reuters) – Canadian private equity company Onex Corp said it will buy USI, a U.S. provider of insurance brokerage services, from GS Capital Partners for $2.3 billion. “USI has established a strong national insurance brokerage,” Robert Le Blanc, an Onex managing director, said in a statement. (Reporting by Bhaswati Mukhopadhyay in Bangalore)
Cricket-Sri Lanka v New Zealand - second test scoreboard
Nov 26 (Reuters) – Scorebard at the close of the second dayof the second test between Sri Lanka and New Zealand in Colomboon Monday. New Zealand won the toss and opted to bat New Zealand first innings M. …
Facebook not so fun with a click from boss or mum
LONDON (Reuters) – Posting pictures of yourself plastered at a party and talking trash online with your Facebook friends may be more stress than it’s worth now that your boss and mum want to see it all. A survey from Edinburgh Business School released on Monday showed Facebook users are anxious that all those self-published sins may be coming home to roost with more than half of employers claiming to have used Facebook to weed out job candidates. …
Inflation expectations fall in November - YouGov
LONDON (Reuters) – Public inflation expectations in Britain for the next 12 months fell to 2.8 percent in November from 3.0 percent in October, a survey by polling company YouGov showed on Monday. Inflation expectations for the next 5-10 years also fell, dropping to 3.4 percent – the lowest since July – from 3.7 percent in October. The survey of 2,162 people was carried out on behalf of bank Citi, and was conducted between November 21 and November 23, shortly after official data showed consumer price inflation rose to 2.7 percent in October. … Goma tense as ultimatum for rebel departure looms
This Congolese city recently seized by rebels was tense Monday, as residents waited to see if the fighters will abide by a midnight deadline to withdraw from Goma, a week after taking the strategic regional capital in a humiliating defeat for the Congolese army. L'Oreal buys Urban Decay to beef up young, prestige offering
PARIS (Reuters) – French cosmetics maker L'Oreal acquired U.S. make-up brand Urban Decay from private equity firm Castanea Partners as part of an effort to reach more upscale young consumers. L 9;Oreal did not say how much it paid for California-based Urban Decay, which was created in 1996 by make-up expert Wende Zomnir and had sales of $130 million in its fiscal year ended June 2012. Liberum Capital analyst Pablo Zuanic welcomed the deal, which he pegged at about $250-300 million or slightly more than 2 times sales. … Report: Zimbabwe targets human rights activists
A new report says Zimbabwe punitively uses its laws and beatings by security forces to suppress human rights activists in the nation.
AP Interview: Gaza militant group wins Iran praise
A Palestinian militant leader says Iran's president has called him to praise the performance of his group, the Islamic Jihad, in the recent fighting against Israel. India fails to break parliament deadlock over supermarket reform
NEW DELHI (Reuters) – India's government failed on Monday to defuse a row with the opposition over opening up the supermarket sector to foreign chains, a decision that has thrown parliament into chaos and endangered fresh economic reforms. Opposition lawmakers have paralyzed parliament in the world's largest democracy, demanding the government roll back its flagship reform, announced in September, to allow foreign supermarkets like Wal-Mart to set up shop in India. … 
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