Wednesday, November 28, 2012

seenewstoday.com : Top News updates

Egyptian court suspends work to protest Morsi move
Egyptian state television says the country’s highest appeal court has decided to suspend its work nationwide to protest the president’s decrees giving himself nearly absolute powers.


China to tighten laws on land grabs in rural stability push
BEIJING (Reuters) – China’s cabinet vowed on Wednesday to tighten laws on the expropriation of farmland, warning that the problem risked fuelling rural unrest and undermining the country’s food security. “Rural land has been expropriated too much and too fast as industrialization and urbanization accelerate,” state news agency Xinhua reported, summing up a meeting of the State Council. “It not only affects stability in the countryside but also threatens grain security. …


Cricket-Flower replaced by Giles as England's one-day head coach
Nov 28 (Reuters) – Andy Flower is handing over responsibility for England’s one-day and Twenty20 sides, with Ashley Giles named as head coach by the England and Wales Cricket Board (ECB) on Wednesday. Flower will continue as England Team Director and will remain in charge of the test team but will take a back seat in limited-overs cricket after five years at the helm. Giles, an England selector since 2008, will take charge of the side for the first time on the tour of India and New Zealand in January and February. …


Cameron says media regulation must change
Britain's Prime Minister David Cameron delivers his keynote speech at the Conservative Party conference in BirminghamLONDON (Reuters) – Prime Minister David Cameron said on Wednesday that MPs should make Britain's media subject to an independent system of regulation. Speakin g the day before judge Brian Leveson is due to announce his findings on British media ethics after a year-long inquiry, Cameron said the status quo needed to change but gave no indication of whether he would support statutory regulation. …


Egypt state TV: Highest appeal court suspends work nationwide to protest president's decrees
Egypt state TV: Highest appeal court suspends work nationwide to protest president’s decrees .


Court postpones ruling on Strauss-Kahn sex inquiry
DOUAI, France (Reuters) – A French court postponed a decision on Wednesday on requests that it call off a sex offence inquiry where former IMF chief Dominique Strauss-Kahn risks trial on a charge of “aggravated pimping”. The court in Douai, a town north of Paris, had been scheduled to rule on Wednesday on the last major inquiry the 63-year-old is fighting in France but announced instead that it would deliver a verdict on December 19. “All we can do is wait patiently,” Richard Malka, a defense lawyer for Strauss-Kahn, told Reuters. …


Egypt court rejects charges it opposes Islamists
Egypt’s Supreme Constitutional Court has rejected charges made by the country’s Islamist president that it is working to bring down his government.


Palestinians say UN bid is last-ditch peace effort
Palestinian President Mahmoud Abbas arrives at the United Nations Plaza Hotel, Tuesday, Nov. 27, 2012, in New York. The Palestinians predicted a historic U.N. vote recognizing their statehood this week, praising important new support from France on Tuesday and likely backing from other European nations seen as critical to enhancing their international standing. (AP Photo/John Minchillo)A Palestinian spokeswoman says a bid to seek U.N. recognition of a state of Palestine in Israeli-occupied lands is a last-ditch attempt to rescue the troubled Mideast peace efforts.


IT services provider CGI posts loss on Logica acquisition costs
(Reuters) – Canadian IT services company CGI Group Inc reported a fourth-quarter loss on Logica-related acquisition and integration costs. CGI posted a loss of C$168 million, or 58 Canadian cents per share, compared with a profit of C$70 million, or 26 Canadian cents per share, a year earlier. The Montreal-based company completed the $2.64 billion acquisition of its larger Anglo-Dutch rival Logica Plc in August. (Reporting by Krithika Krishnamurthy in Bangalore; Editing by Sriraj Kalluvila)


GE's service push could bring profit margin boost
A GE logo is seen in a store in Santa Monica(Reuters) – General Electric Co plans to unveil on Thursday a new push into service businesses, with a series of programs to help airlines, railroads and hospitals that use its heavy equipment operate more efficiently. The drive is part of the largest U.S. conglomerate's eff ort to boost its margins and make more money in a sluggish economy, as sales of services are more profitable equipment than sales of jet engines, locomotives and other equipment. GE's pitch is that by tweaking how they operate, its customers can cut their own costs. …


Germany moves to ban bestiality
A German lawmaker says Parliament is close to passing a law explicitly banning bestiality after animal rights groups and tabloid newspapers pushed for existing legislation to be clarified.


Cricket-Sri Lanka v New Zealand - second test scoreboard
Nov 28 (Reuters) – Scoreboard at the close of the fourth dayof the second cricket test between Sri Lanka and New Zealand inColombo on Wednesday: New Zealand first innings 412 Sri Lanka first innings (overnight 225-6) T. Paranavitana c Van Wyk b Southee 40 T. Dilshan b Southee 5 K. Sangakkara c Boult b Southee 0 M. Jayawardene c Williamson b Boult 4 A. Mathews c Guptill b Southee 47 T. Samaraweera c Guptill b Boult 76 P. Jayawardene c Williamson b Patel 12 S. Randiv lbw b Boult 39 N. Kulasekara C Taylor b Southee 6 R. Herath C Williamson b Boult 5 S. …


Protests rage over Bangladesh factory fire, supervisors arrested
Scarf of a garment worker is seen in the burnt interior of garment factory Tazreen Fashions, after a devastating fire, in SavarDHAKA (Reuters) – Three supervisors of a Bangladeshi garments factory were a rrested on Wednesday as protests over a fire that killed more than 100 people raged on into a third day, with textile workers and police clashing in the streets of a Dhaka suburb. The government has blamed last weekend's disaster, the country's worst-ever industrial blaze, on saboteurs and police said they had arrested two people who were seen on CCTV footage trying to set fire to stockpiles of cotton in another factory. …


Cricket-Sri Lanka (244 &) 47-4 v New Zealand (412 & 194-9 dec) - close
Nov 28 (Reuters) – Sri Lanka were 47 for four wickets in their second innings, chasing 363 for victory, at the close on the fourth day of the second test against New Zealand in Colombo on Wednesday. Scores: New Zealand 412 (Ross Taylor 142, Kane Williamson 135, Daniel Flynn 53; Rangana Herath 6-103) & 194-9 declared (Ross Taylor 74; Rangana Herath 3-67) v Sri Lanka 244 (Thilan Samaraweera 76; Tim Southee 5-62, Trent Boult 4-42) & 47-4 (Compiled by Sudipto Ganguly; editing by Ed Osmond)


German lawmakers quiz Deutsche Bank officials on Libor
A Deutsche Bank logo is pictured in front of the Deutsche Bank headquarters in FrankfurtBERLIN (Reuters) – German parliamentarians questioned Deutsche Bank's compliance chief Stephan Leithner and former board member Hugo Baenziger on Wednesday over ho w banks including the German lender manipulated global benchmark interest rates. The London interbank offered rate (Libor), which is used to price billions of dollars worth of financial contracts, was put under the spotlight in June when UK and U.S. authorities fined British bank Barclays a record $450 million for manipulating rates during the credit crunch. …


Key players and positions on Palestinian statehood
The vote is largely symbolic, the outcome nearly assured: The Palestinians and Israelis are closely watching the evolving positions of a few key countries in Thursday’s U.N. General Assembly resolution to raise the Palestinians’ status from a U.N. observer to a nonmember observer state. The United States and Israel are strongly opposed, saying they fear it will only slow progress toward a peace deal. The measure only requires a majority and is all but certain to pass. The Palestinians have been lobbying Western countries, particularly in Europe, in hopes of presenting a broad international consensus against Israel.


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