Saturday, November 10, 2012

seenewstoday.com : Top News updates

Goldman in settlement talks with U.S. over trading loss
Traders work at the Goldman Sachs stall on the floor of the New York Stock Exchange(Reuters) – Goldman Sachs Group Inc is in settlement talks with the U.S. government over an $8.3 billion position that one of the investment bank's traders had concealed five years ago, according to a published report. The Financial T imes said a settlement with the U.S. Commodity Futures Trading Commission, which regulates U.S. futures and options markets, is expected in the coming weeks, citing two sources familiar with the plans. Goldman declined to comment and the CFTC could not be reached for comment. …


Vatican digs in after gay marriage advances
The Vatican is digging in after gay marriage initiatives scored big wins this week in the U.S. and Europe, vowing to never stop insisting that marriage can only be between a man and a woman.


Iraq reconsiders $4 billion Russian arms plans
Iraqi officials say the government is reconsidering plans to buy more than $4 billion in arms from Russia.


Calls for inquest into reported Iran blogger death
A prominent press freedom group has joined the U.S. State Department to demand Iran conduct a full investigation into the reported death of a jailed blogger.


Striking South African miners reject Amplats' offer to return
Striking platinum miners march near the Anglo-American Platinum (AMPLATS) mine near Rustenburg in South Africa's North West ProvinceJOHANNESBURG (Reuters) – More than 30,000 striking workers at Anglo American Platinum's Rustenburg mines in South Africa rejected the firm's new return-to-work offer on Saturday, a labor leader said. Amplats said on Friday it offered a 4,500 rand ($520) one-off payment and agreed to start wage talks ahead of the expiry of current agreements next year. The offer would lapse if workers do not show up for work on Monday, Amplats said. "Nobody is going back to work on Monday. The strike continues," labor leader Evans Ramokga said. …


Development boom puts pressure on Panama wetlands
In this photo taken Oct. 18, 2012, a mangrove forest hugs the coastline of Panama City. A multi-year boom in Central America's fastest-growing economy has unleashed a wave of development along the Bay of Panama. Environmentalists warn that the construction threatens one of the world's richest ecosystems and the habitat for as many as 2 million North American shorebirds. (AP Photo/Arnulfo Franco)On a cloudy autumn morning a flock of chocolate-brown sandpipers slipped across the horizon toward a stretch of mangrove trees and mud flats outside Panama City, hunting for food and a resting spot on the long trip down from North America.


Argentine crew prevent Ghana from moving ship
An official of the Ghana Ports and Harbors Authority says the Argentine crew aboard the seized naval vessel, ARA Libertad, displayed their weapons to turn away port officials who were trying to move the vessel.


David Petraeus ends long public career with resignation from CIA over affair with biographer
WASHINGTON – The resignation of CIA Director David Petraeus has brought a sudden and unexpected end to the public career of a four-star general who led U.S. troops in Afghanistan and Iraq and was thought to be a potential candidate for president.


Brazil's Hypermarcas returns to profit as debt costs sink
SAO PAULO (Reuters) – Hypermarcas SA , Brazil’s largest diversified drugmaker, returned to profit in the third quarter as revenue grew slightly above expectations and debt-servicing and currency hedging costs tumbled from the year-earlier period. The results were the latest showing that a year-long slowdown in the consumer goods industry is finally easing, with producers of cosmetics, generic drugs and household goods such as Hypermarcas likely to benefit most from Brazil’s improving growth trends. Hypermarcas had lost money for two of the past three quarters. …


No comments:

Post a Comment