Canada says still examining options on CNOOC bid
OTTAWA (Reuters) – The Canadian government is still mulling its options as deadlines near on two proposed foreign takeovers of domestic energy companies, but an official offered no clues on when or how Ottawa wou ld announce the hotly debated decisions. Andrew MacDougall, spokesman for Prime Minister Stephen Harper, did not comment on a report that the federal government might want China's CNOOC to sell the 7 percent stake that takeover target Nexen Inc holds in the large Syncrude oil sands joint venture, because fellow Chinese company Sinopec has a 9 percent stake in it. …
EU agrees new controls for credit rating agencies
BRUSSELS (Reuters) – European Union countries and the bloc's parliament agreed on Tuesday to introduce limited controls on credit ratings agencies after their judgment was called into question in the debt crisis. Michel Barnier, the European commissioner in charge of regulation who helped broker a deal on the new law, said it aimed to reduce the over-reliance on ratings and establish a civil liability regime. The new rules should make it easier to sue the agencies if they are judged to have made errors when, for example, ranking the creditworthiness of debt. …
Susan Rice fails in attempt to win over Republican senators on Benghazi response
WASHINGTON – Susan Rice’s closed-door meeting on Tuesday with three Republican lawmakers did nothing to ease their criticisms of the UN ambassador’s public proclamations over the September attack on the U.S. consulate in Libya that killed four Americans, including envoy Chris Stevens.
Sarkozy returns to French politics as party peace broker
PARIS (Reuters) – Ex-president Nicolas Sarkozy sought on Tuesday to broker a truce between the two men locked in a leadership dispute that could break up France's right-wing opposition party j ust months after it lost power. Nine days after a disputed internal leadership election that plunged his UMP party into crisis, the two politicians fighting to become leader agreed to hold a new election, but only if the re-run was endorsed first in a referendum among UMP members. …
Murder charge laid after P.E.I. man killed on beach in St. Lucia
CASTRIES, St. Lucia – Police in St. Lucia say a murder charge has been laid in the slaying of a 75-year-old tourist from Prince Edward Island who was attacked as he walked with his wife on a beach.
Analysis: Stifel CEO puts reputation on line with KBW buy
NEW YORK (Reuters) – Over the past seven years, Stifel Financial Corp Chief Executive Ronald Kruszewski has impressed Wall S treet with a series of acquisitions that quintupled the regional brokerage's revenue and rewarded shareholders with a nearly four-fold increase in returns over the last five years. Still, some investors view Kruszewski's latest deal, to buy money-losing investment bank KBW Inc , as a much riskier proposition. …
Staying afloat: Europe releases more money for Greece
After weeks of struggling in marathon meetings, Eurogroup finance ministers have finally come up with another bailout package for Greece, removing from Athens the imminent threat of a state bankruptcy and a Greek exit from the common currency, the euro.
UN nuclear agency says it has been hacked, contact details of experts are made public
VIENNA – The International Atomic Energy Agency has acknowledged that one of its servers has been hacked.
Soldiers: Mexico beauty queen had gun in her hands
Mexican soldiers say beauty queen Maria Susana Flores Gamez had a gun in her hands when she was killed in a hail of gunfire over the weekend.
Insurgent attacks kill 30, wound dozens in Iraq
Insurgents launched attacks against security forces and civilians in central and northern Iraq on Tuesday, killing at least 30 people and wounding dozens, officials said.
Tuesday, November 27, 2012
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