(Reuters) – Canada’s Inmet Mining Corp said on Tuesday it is not in talks “with any party” to sell itself or a substantial part of its assets, sending its shares down nearly 3 percent. The statement from the base metal miner followed a report late on Monday on the website of Britain’s Daily Mail newspaper that suggested the company had held informal tie-up talks with larger rival First Quantum Minerals Ltd . The paper’s unsourced article speculated a takeover bid could be worth as much as C$5 billion ($5 billion). Inmet’s market cap, as of market close on Monday, was nearly C$4 billion. …
Canadian business confidence drops for second straight quarter
TORONTO (Reuters) – Business confidence in Canada fell in the third quarter, the second decline in a row, as sentiment deteriorated to levels of a year earlier, the Conference Board of Canada said in a report on Tuesday. The organization’s index of business confidence dropped 5.5 points from the second quarter to 92.3. In the first quarter of 2012, it stood at 101.8. The survey reflects fragile business and investment sentiment globally as fears about Europe’s debt crisis have flared up again, while the U.S. budget impasse threatens to push the world’s largest economy back into recession. …
Middle East nuclear talks face likely delay: diplomats
VIENNA/UNITED NATIONS (Reuters) – Potentially divisive talks planned for next month on banning nuclear weapons in the Middle East may be postponed, diplomats said on Tuesday, a development likely to anger Arab states but please Israel. No formal decision has yet been announced to delay the mid-December conference on creating a zone free of weapons of mass destruction (WMD), but U.N. officials said the talks might now not happen before 2013. Given the situation in the Middle East, a Vienna-based diplomat said, there seemed to be little prospect for a successful conference this year. …
Romania anti-graft agency says faces political intimidation
BUCHAREST (Reuters) – A Romanian anti-corruption watchdog has said the ruling leftist alliance is trying to pressure it to drop its investigati ons of senior figures ahead of a December election. The head of the National Integrity Agency (ANI) said politicians were trying to intimidate his organization after it notified three ministers and a state official last week that it was investigating them for possible conflicts of interest. "The political pressures we have recently seen are the most aggressive since ANI was founded," Horia Georgescu told Reuters. … Duke removes photo of women's lacrosse player in blackface at Halloween party from website
DURHAM, N.C. – The Duke athletic department has removed a photo from its website showing a women’s lacrosse player dressed in blackface at a team Halloween party.
Russian anti-drugs crusader under growing pressure
Russia’s most outspoken and charismatic anti-drugs campaigner accused authorities on Tuesday of trying to close his rehabilitation center by falsely claiming it has abused patients.
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