Moody's strips France of triple-A rating, downgrades one notch
(Reuters) – Moody's Investors Service downgraded France's sovereign rating by one notch to Aa1 from triple-A, the agency said on Monday, citing the country 39;s uncertain fiscal outlook as a result of "deteriorating economic prospects." Moody's said it is maintaining a negative outlook on the country due to structural challenges and a "sustained loss of competitiveness" in the country. Standard & Poor's has a AA+ rating on France, which it downgraded by one notch in January from AAA. (Reporting by Dan Bases; Editing by Will Dunham)
Nov. 22: Start Your Own Country Day, National Cranberry Relish Day, National Stop the Violence Day, Antarctic Day
Start Your Own Country Day
Police clash with Egyptian protesters commemorating last year's deadly street battles
CAIRO – Clashes between protesters and Egyptian security forces intensified after nightfall Monday, marking the anniversary of a bloody confrontation in Cairo, when 42 people were killed in a street battle months after the uprising that ousted the country’s longtime president.
To protest Israel's Gaza offensive, 'Anonymous' launches millions of cyberattacks
JERUSALEM – A concerted effort of millions of attempts to cripple Israeli websites during the Gaza conflict has failed, Israel’s finance minister said Monday, claiming that the only site that was successfully hacked was back up within minutes.
U.S. will review decision that Apple didn't violate Samsung patent
WASHINGTON (Reuters) – The U.S. Internationa l Trade Commission will review a judge's decision which found that Apple did not violate patents owned by Samsung Electronics in making the iPod touch, iPhone and iPad. An administrative law judge at the ITC had said in a preliminary ruling in September that Apple was innocent of violating the patents. The ITC, which could have opted to simply uphold the judge's decision, said that it would take up the matter. A final decision is expected in January. …
Colombia's Santos criticizes U.N. court ruling on border
BOGOTA (Reuters) – Colombian President Juan Manuel Santos on Monday criticized a binding ruling by a U.N. court that drew a demarcation line in favor of Nicaragua in the western Caribbean. “Colombia … emphatically rejects that aspect of the judgment the Court has issued,” Santos said in a statement. “Therefore, we do not rule out any action or mechanism granted to us by international law to defend our rights.” (Reporting by Jack Kimball; Editing by Will Dunham)
Yahoo shares reach 18-month high as investors warm to new CEO
SAN FRANCISCO (Reuters) – Yahoo Inc shares reached their highest level in a year and a half, as investor confidence grows that new Chief Executive Marissa Mayer can pull off a come back that eluded three of her predecessors. The Internet pioneer has yet to actually provide Wall Street with any hard evidence that its business is turning a corner – and she has warned that it will be a lengthy job – but investor faith in the ex-Google executive is running high. …
Canada views state enterprises differently, PM says
OTTAWA (Reuters) – Canadian Prime Minister Stephen Harper signaled on Monday his government will t reat state-owned enterprises differently than private-sector companies when it decides whether to approve foreign investments in Canada. Ottawa is currently evaluating a $15.1 billion bid by China's state-owned CNOOC Ltd to take over Canadian oil producer Nexen Inc as well as a $5.2 billion proposal by Malaysia's Petronas to buy Progress Resources Energy Corp. Decisions are expected in the next few weeks. …
First Dalton, now David McGuinty takes pass on federal Liberal leadership
OTTAWA – David McGuinty is taking a pass on running for the federal Liberal leadership.
Monday, November 19, 2012
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