WASHINGTON (Reuters) – The Pentagon on Friday said it had approved the potential sale of 25 C-130J transport and refueling planes built by Lockheed M artin Corp to Saudi Arabia for up to $6.7 billion. The Defense Security Cooperation Agency notified Congress about the possible sale on Thursday, according to a posting on the agency's website. Lawmakers have 30 days to block the sale although such action is rare since sales are carefully vetted before being publicly announced. … UK abuse victim apologizes to Thatcher party treasurer
LONDON (Reuters) – A child rape victim apologized on Friday to an ally of former prime minister Margaret Thatcher who had been falsely identified on the Internet as his abuser, after days of furious speculation of a high-level pedophile ring in Britain. Steven Mes sham, who had told a flagship BBC show last week he was abused as a child in social care by a leading political figure in the late 1970s, said former Conservative Party treasurer Lord Alistair McAlpine was not among his attackers. … Precision Castparts to buy Titanium Metals for $2.9 billion
(Reuters) – Precision Castparts Corp , which makes metal components for the aerospace industry, said it will buy Titanium Metals Corp for $2.9 billion in cash. Precision Castparts offered $16.50 per share for the maker of titanium metal products — a 43 percent premium to the stock’s Friday close. “(Titanium Metals) will provide us with the titanium capability that has always been a key missing piece of our overall product portfolio,” Precision Castparts Chief Executive Mark Donegan said in a statement. Precision Castparts expects the acquisition to immediately add to its earnings. …
Triathlete Simon Whitfield plans to compete in other race distances next year
TORONTO – Triathlete Simon Whitfield has decided to take a break from racing Olympic distances and will not return to the national team in 2013.
Turkish army kills 42 Kurdish militants, official says
DIYARBAKIR, Turkey (Reuters) – Turkish air force jets and attack helicopters pounded Kurdish militants along the border with Iraq and Iran for three days, killing 42 militants, the local governor’s office said on Friday. The operation, which began on Wednesday, was launched after word was received that a group of Kurdistan Workers Party (PKK) militants had been identified in Turkey’s southeastern province of Hakkari, bordering Iraq and Iran, the Hakkari governor’s office said. …
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