PRAGUE (Reuters) – Czech Prime Minister Petr Necas narrowly averted the collapse of his coalit ion this week but it could still be easily toppled by policy disputes, corruption scandals – or rifts in his own Civic Democrats (ODS) party. "The biggest obstacle we can run into is not among parties but inside one of them," Finance Minister Miroslav Kalousek told Reuters. "After all it would not be the first time the ODS removed its own prime minister," added Kalousek, of the conservative TOP09 party in the centre-right coalition led by Necas. … Poland will look to rich EU states if budget vetoed: PM
WARSAW (Reuters) – Poland, the biggest recipient of European Union funds, would seek common ground with countries that pay the most into E U coffers if a long-term budget proposal is vetoed, Prime Minister Donald Tusk said on Friday. EU negotiators remain hopeful of an agreement on the bloc's next budget, despite differences of opinion between Germany, Britain and other major financial contributors. … TMX Group posts profit
(Reuters) – TMX Group Ltd , operator of the Toronto Stock Exchange, reported a profit in its first quarterly results after it was bought by a group of Canadian banks, pension funds and insurers. Net earnings were C$15.3 million, or 53 Canadian cents per share, compared with a loss of C$13.3 million, or C$109.79 per share, a year earlier, when it took an acquisition-related charge. On an adjusted basis, the company earned 67 Canadian cents per share. (Reporting by Maneesha Tiwari; Editing by Saumyadeb Chakrabarty)
Former national champ Jans to coach Canadian squad at world team squash event
Even though she’s nearly 40, former national champ Melanie Jans considered trying to crack the roster for the Canadian squad that will play at the 2012 women’s world squash team championships.
Bishop of Durham Justin Welby is appointed as Britain's next archbishop of Canterbury
LONDON – Britain’s government says the Bishop of Durham Justin Welby has been appointed as the next archbishop of Canterbury, leader of the Church of England.
Ex-oilman named new leader of world's Anglicans
LONDON (Reuters) – Britain named a former oil executive as the new Archbishop of Canterbury and leader of the world's 80 million Anglicans on Friday as the church struggles to overcome a painful rift over the issues of female bishops and same-sex marriage. Welby, 56, who has been bishop of the northern English city of Durham for little more than a year, will replace incumbent Rowan Williams who steps down in December. … Official: More than 5,000 Syrian refugees crossed into Turkey overnight to flee violence
ANKARA, Turkey – A government official says more than 5,000 Syrians have crossed into Turkey overnight to flee the violence in their country.
Portugal hopes to deliver success story to Merkel
LISBON (Reuters) – Germany's Angela Merkel will hear a reassuring message when she visits Portugal on Monday — a likeminded, center-right leader will tell her he believes deeply in the tough reforms his country is undertaking u nder a 78-billion-euro bailout. But the latest review of Portugal's economy by the European Union and IMF, which starts on the same day, could be a stark reminder of the problems with Lisbon's bailout script which mean economic risks are rising by the day. … Gasoline rationing begins in NYC; power outages continue to stymie recovery efforts
NEW YORK, N.Y. – A new gasoline rationing plan that lets motorists fill up every other day goes into effect in New York as a nor’easter that knocked out power to hundreds of thousands of new people erased some of the progress made by utility crews.
Opera focusing on Nazi atrocities to premiere in Austrian parliament on Holocaust memorial day
Austria’s parliament.
UK revenue service examining allegations that offshore HSBC accounts used for money laundering
LONDON – Britain’s revenue and customs service says it is examining allegations that criminals may have used offshore accounts with HSBC, Europe’s biggest bank, to launder money.
Assad says will live and die in Syria
DOHA (Reuters) – President Bashar al-Assad said he would "live and die" in Syria and warned that any Western invasion to topple him would have catastrophic consequences for the Middle East and beyond. Assad' s defiant remarks coincided with a landmark meeting in Qatar on Thursday of Syria's fractious opposition to hammer out an agreement on a new umbrella body uniting rebel groups inside and outside Syria, amid growing international pressure to put their house in order and prepare for a post-Assad transition. … Justin Welby named next archbishop of Canterbury
Bishop of Durham Justin Welby, a former oil executive with experience in conflict resolution, was named Friday as the next archbishop of Canterbury, spiritual leader of the world's 77 million Anglicans. China reformer says asset disclosure under study
Asset disclosure for Chinese officials is likely to be slowly phased in over time, a senior Communist Party leader said Friday, as the government grapples with the fraught task of rooting out the corruption that has fed widespread public anger. Telus profit up on wireless growth
(Reuters) – Telus Corp , one of Canada’s largest telecommunications providers, reported a higher third-quarter profit boosted by growth in its wireless business. Net income rose to C$351 million, or C$1.08 per share, from C$326 million, or C$1 per share, a year earlier. The company’s revenue rose 6 percent to C$2.8 billion. (Reporting by Ankur Banerjee in Bangalore; Editing by Joyjeet Das)
Ex-oilman named new leader of world's Anglicans
LONDON (Reuters) – Britain named a former oil executive as the new Archbishop of Canterbury and leader of the world's 80 million Anglicans on Friday as the church struggles to overcome a painful rift over the issues of fe male bishops and same-sex marriage. Welby, 56, who has been bishop of the northern English city of Durham for little more than a year, will replace incumbent Rowan Williams who steps down in December. … Rugby-Suta to start against Australia after Maestri pulls out
PARIS, Nov 9 (Reuters) – Uncapped lock Jocelino Suta has replaced the injured Yoann Maestri in the France team to face Australia at the Stade de France on Saturday, the French federation (FFR) said. Sebastian Vahaamahina has been called into the squad and will be among the replacements, the FFR said on Friday on their website (www.ffr.fr). The 24-year-old Maestri, who has seven caps, was ruled out because of back pain. “This is a big blow because Yoann is an important piece of our pack … He has got power and experience on the touchline,” France manager Philippe Saint-Andre said. …
Lonmin rejects Xstrata proposals to take control
LONDON (Reuters) – Mining group Lonmin rejected proposals that would have handed control to its dissatisfied largest shareholder, Xstrata , but instead pushed ahead with a $817 million cash call to repair its battered balance sheet. Xstrata – under pressure as it nears the final stages of its own takeover by Glencore – said it had aimed to protect the value of its investment, a 25 percent stake held as a result of a failed 2008 takeover attempt. …
HSBC investigates alleged loss of client data in Jersey
LONDON (Reuters) – HSBC, Europe's biggest bank, said on Friday it was investigating the alleged loss of data for clients in Jersey but had not been notified of any investigation by tax authorities. The Daily Telegraph has reported that British tax authorities w ere examining details of more than 4,000 UK clients of HSBC in Jersey after a whistle-blower handed them a list of names, addresses and account balances. HM Revenue & Customs (HMRC) said in a statement: "We can confirm we have received the data and we are studying it. … A year after his extravagant funeral, Jimmy Savile's colorful mythology lies in ruins
LONDON – At Jimmy Savile’s funeral, a year ago Friday, the priest delivering the homily was emphatic: the DJ and television host “can face eternal life with confidence.”
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