Insight: Italy in political chaos as election nears
ROME (Reuters) – Five months before an election that will be crucial not just for this country but the whole euro zone, Italy is mired in some of its greatest political uncertainty since World War Two. Nobody knows what electoral system will be used or who the candidates will be in a parliamentary poll that will be marked by Italian voter anger over the pain of austerity. …
Vatican may eventually limit Sistine Chapel visits
VATICAN CITY (Reuters) – Michelangelo's Sistine Chapel ceiling frescoes turned 500 on Wednesday with the Vatican warning it may eventually limit visitors to protect one of the w onders of Western civilization. On October 31, 1512, only 20 years after the discovery of America, Pope Julius II said an evening vespers service to inaugurate the room where Michelangelo toiled for four years, much of it on his back, to finish his ceiling frescoes. The frescoes immediately became the talk of the town and have since become the talk of the world. …
Saturday, November 3, 2012
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Austrian court to consider appeal by skydiver Felix Baumgartner against fine for punch
VIENNA – An Austrian court is to consider next week an appeal by supersonic skydiver Felix Baumgartner against a conviction and fine for allegedly punching a truck driver.
Syria turmoil stirs Iraqi tribal sympathies, hopes
RAMADI, Iraq (Reuters) – In guesthouses and mosques across Iraq's Anbar province, the talk at Sunni tribal gatherings has turned from the usual d ebate over local politics to a matter even more pressing – the war next door. Many people in Iraq's Sunni heartland, once al Qaeda's stronghold in the country, are most concerned with helping their kin. Tribal ties span the border, and Sunni chieftains and community leaders say Iraqi tribes regularly send Syrian relatives food and supplies. Some openly support Free Syrian Army rebels with arms when border controls allowed. …
Kuwait charges opposition leader with insulting emir
KUWAIT (Reuters) – Kuwaiti prosecutors have charged an opposition leader with insulting the Gulf state's ruler, a defense lawyer said on Wednesday, in a case likely to fuel tension before a parliamentary election on December 1. Musallam al-Barrak, an outspoken former member of parliament was picked up from his home on Monday night, two weeks after an opposition rally at which he made rare critical remarks about the emir of Kuwait, Sheikh Sabah al-Ahmad al-Sabah. …
VIENNA – An Austrian court is to consider next week an appeal by supersonic skydiver Felix Baumgartner against a conviction and fine for allegedly punching a truck driver.
Syria turmoil stirs Iraqi tribal sympathies, hopes
RAMADI, Iraq (Reuters) – In guesthouses and mosques across Iraq's Anbar province, the talk at Sunni tribal gatherings has turned from the usual d ebate over local politics to a matter even more pressing – the war next door. Many people in Iraq's Sunni heartland, once al Qaeda's stronghold in the country, are most concerned with helping their kin. Tribal ties span the border, and Sunni chieftains and community leaders say Iraqi tribes regularly send Syrian relatives food and supplies. Some openly support Free Syrian Army rebels with arms when border controls allowed. …
Kuwait charges opposition leader with insulting emir
KUWAIT (Reuters) – Kuwaiti prosecutors have charged an opposition leader with insulting the Gulf state's ruler, a defense lawyer said on Wednesday, in a case likely to fuel tension before a parliamentary election on December 1. Musallam al-Barrak, an outspoken former member of parliament was picked up from his home on Monday night, two weeks after an opposition rally at which he made rare critical remarks about the emir of Kuwait, Sheikh Sabah al-Ahmad al-Sabah. …
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Israeli, French leaders push for Iran sanctions
Israel's prime minister and France's president, despite di fferences over the Mideast peace process, are pushing together for firmer sanctions on Iran to keep it from developing nuclear weapons.
Despite volume, no plan to limit Sistine tourists
Five centuries after Michelangelo's ceiling frescoes were inaugurated at the Sistine Chapel, at least 10,000 people visit the site each day, raising concerns about temperature, dust and humidity affecting the famed art.
As peace expands in Somalia, gov't wants weapons
Should Somalia’s fledgling government be allowed to import weapons to arm its nascent military? With areas under government control increasing and the threat from al-Shabab militants decreasing, that’s the question being put to the U.N. Security Council.
Israel's prime minister and France's president, despite di fferences over the Mideast peace process, are pushing together for firmer sanctions on Iran to keep it from developing nuclear weapons.
Despite volume, no plan to limit Sistine tourists
Five centuries after Michelangelo's ceiling frescoes were inaugurated at the Sistine Chapel, at least 10,000 people visit the site each day, raising concerns about temperature, dust and humidity affecting the famed art.
As peace expands in Somalia, gov't wants weapons
Should Somalia’s fledgling government be allowed to import weapons to arm its nascent military? With areas under government control increasing and the threat from al-Shabab militants decreasing, that’s the question being put to the U.N. Security Council.
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Potash Corp confirms reports of its interest in Israel's ICL
TORONTO (Reuters) – Potash Corp of Saskatchewan acknowledged on Wednesday that it has held talks with Israeli government officials around potentially increasing its ownership stake in Israel Chemical Ltd (ICL) . The world’s largest fertilizer company issued a statement on the matter after ICL’s majority shareholder, Israel Corp Ltd , in a regulatory filing confirmed media reports of these discussions. In a brief statement, Potash Corp said: “No deal has been formulated; there is no assurance that a deal will be reached, or that parties will sign an agreement. …
Kenyan official: 2,700 Ugandans dead in Somalia
The number of African Union troops killed while battling Somali militants has always been a tightly held secret, but a top Kenyan official says more than 2,700 troops have died there.
TORONTO (Reuters) – Potash Corp of Saskatchewan acknowledged on Wednesday that it has held talks with Israeli government officials around potentially increasing its ownership stake in Israel Chemical Ltd (ICL) . The world’s largest fertilizer company issued a statement on the matter after ICL’s majority shareholder, Israel Corp Ltd , in a regulatory filing confirmed media reports of these discussions. In a brief statement, Potash Corp said: “No deal has been formulated; there is no assurance that a deal will be reached, or that parties will sign an agreement. …
Kenyan official: 2,700 Ugandans dead in Somalia
The number of African Union troops killed while battling Somali militants has always been a tightly held secret, but a top Kenyan official says more than 2,700 troops have died there.
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Canada dollar weakens as data shows economy shrank in August
TORONTO (Reuters) – The Canadian dollar weakened versus the U.S. currency and bond prices rose on Wednesday after data showed the Canadian economy contracted unexpectedly in August. The gross domestic product data pointed to slower growth in the third quarter and supported the central bank’s message that interest rate hikes are not imminent. “It’s an important number but it’s an early number. We’ve still got a fair chunk of monthly numbers to wade through,” said Mark Chandler, head of Canadian fixed income and currency strategy at Royal Bank of Canada. …
TORONTO (Reuters) – The Canadian dollar weakened versus the U.S. currency and bond prices rose on Wednesday after data showed the Canadian economy contracted unexpectedly in August. The gross domestic product data pointed to slower growth in the third quarter and supported the central bank’s message that interest rate hikes are not imminent. “It’s an important number but it’s an early number. We’ve still got a fair chunk of monthly numbers to wade through,” said Mark Chandler, head of Canadian fixed income and currency strategy at Royal Bank of Canada. …
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Savile sex scandal spurs British soul searching
Jimmy Savile was one of Britain's biggest stars -- and, allegedly, one of its worst sexual predators. Now the nation is asking whether there was a link between one and the other.
Scotiabank names Brian Porter as president
(Reuters) – Bank of Nova Scotia , Canada’s No. 3 lender, appointed Brian Porter, the head of its fast-growing international operations, as president, effective November 1. Porter, who joined the bank in 1981, has been at the helm of the bank’s international business in more than 55 countries, mainly in Asia and Latin America. Porter will report to Chief Executive Rick Waugh, who earlier held the position of president as well, the bank said in a statement. Dieter Jentsch, executive vice president of the bank’s Latin American operations, will head the international business. …
Jimmy Savile was one of Britain's biggest stars -- and, allegedly, one of its worst sexual predators. Now the nation is asking whether there was a link between one and the other.
Scotiabank names Brian Porter as president
(Reuters) – Bank of Nova Scotia , Canada’s No. 3 lender, appointed Brian Porter, the head of its fast-growing international operations, as president, effective November 1. Porter, who joined the bank in 1981, has been at the helm of the bank’s international business in more than 55 countries, mainly in Asia and Latin America. Porter will report to Chief Executive Rick Waugh, who earlier held the position of president as well, the bank said in a statement. Dieter Jentsch, executive vice president of the bank’s Latin American operations, will head the international business. …
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Canadian growth on track despite August GDP weakness: Flaherty
OTTAWA (Reuters) – Canada's economic growth remains on track for the year despite unexpectedly weak gross domestic product data for August, Finance Minister Jim Flaherty said on Wednesday. "We're going to see some variations, but overall, for the year we are on track with GDP growth," Flaherty told reporters. (Reporting by Randall Palmer, writing by Alastair Sharp)
Turkish PM: Too soon to call for Syria no-fly zone
Turkish Prime Minister Recep Tayyip Erdogan says it is up to the U.N. Security Council to decide whether a no-fly zone should be imposed on Syria or safe areas created for civilians fleeing the civil war.
How did he get away with it? Savile sex scandal puts British society on trial
and, allegedly, one of its worst sexual predators. Now the nation is asking whether there was a link between one and the other.
Sherritt posts loss on lower nickel sales, price
(Reuters) – Canadian miner Sherritt International Corp posted a third-quarter loss on Wednesday as lower nickel prices and sales volumes, and lower exports of thermal coal weighed on revenue. The miner’s net loss was C$22.6 million, or 8 Canadian cents a share, in the quarter ended Sept 30. That compared with a profit of C$45.5 million, or 16 cents a share, in the year-earlier period. Adjusted to remove one-time items, earnings were 3 Canadian cents a share, compared with average analyst expectations of 9 Canadian cents a shares, according to Thomson Reuters I/B/E/S. …
OTTAWA (Reuters) – Canada's economic growth remains on track for the year despite unexpectedly weak gross domestic product data for August, Finance Minister Jim Flaherty said on Wednesday. "We're going to see some variations, but overall, for the year we are on track with GDP growth," Flaherty told reporters. (Reporting by Randall Palmer, writing by Alastair Sharp)
Turkish PM: Too soon to call for Syria no-fly zone
Turkish Prime Minister Recep Tayyip Erdogan says it is up to the U.N. Security Council to decide whether a no-fly zone should be imposed on Syria or safe areas created for civilians fleeing the civil war.
How did he get away with it? Savile sex scandal puts British society on trial
and, allegedly, one of its worst sexual predators. Now the nation is asking whether there was a link between one and the other.
Sherritt posts loss on lower nickel sales, price
(Reuters) – Canadian miner Sherritt International Corp posted a third-quarter loss on Wednesday as lower nickel prices and sales volumes, and lower exports of thermal coal weighed on revenue. The miner’s net loss was C$22.6 million, or 8 Canadian cents a share, in the quarter ended Sept 30. That compared with a profit of C$45.5 million, or 16 cents a share, in the year-earlier period. Adjusted to remove one-time items, earnings were 3 Canadian cents a share, compared with average analyst expectations of 9 Canadian cents a shares, according to Thomson Reuters I/B/E/S. …
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Councilman Pushes For Charges Against Twitter User Who Spread Falsehoods - BuzzFeed
Councilman Pushes For Charges Against Twitter User Who Spread Falsehoods. "I hope the fact that I'm asking for criminal charges to be seriously considered will make him much less comfortable and much less smug," says Vallone. Andrew Kaczynski …
Rugby-Brown to captain Scotland in November internationals
Oct 31 (Reuters) – Backrow forward Kelly Brown will captain Scotland for the first time in the opening November international against world champions New Zealand at Murrayfield on Nov. 11, head coach Andy Robinson said on Tuesday. Brown, 30, has won 49 caps but has not represented his country since last year’s World Cup because of injury. “Kelly Brown is an inspirational person. He has an aura, confidence and belief about him and a firm understanding of the game,” Robinson said in a statement on the Scotland Rugby Union website (www.scottishrugby.org). …
Portuguese budget to pass, faces court uncertainty
LISBON (Reuters) – Portugal's parliament is expected to approve the biggest tax increases in the country's modern history on Wednesda y, paving the way for a court battle over a budget which the government says is vital for keeping its international bailout afloat. The government of Prime Minister Pedro Passos Coelho is searching for ways to guarantee revenues for meeting budget goals set under the 78-billion euro bailout deal with the European Union and International Monetary Fund. …
Smokers miss work more often, cost UK billions: study
(Reuters) – Smokers miss an average of two or three more days of work each year than non-smokers, with this absenteeism costing the UK alone 1.4 billion pounds – or $2.25 billion – last year, according to a UK study. The report, which appeared in the journal Addiction, analyzed 29 separate studies conducted between 1960 and 2011 in Europe, Australia and New Zealand, the United States and Japan, with a total of over 71,000 public and private sector workers. …
Councilman Pushes For Charges Against Twitter User Who Spread Falsehoods. "I hope the fact that I'm asking for criminal charges to be seriously considered will make him much less comfortable and much less smug," says Vallone. Andrew Kaczynski …
Rugby-Brown to captain Scotland in November internationals
Oct 31 (Reuters) – Backrow forward Kelly Brown will captain Scotland for the first time in the opening November international against world champions New Zealand at Murrayfield on Nov. 11, head coach Andy Robinson said on Tuesday. Brown, 30, has won 49 caps but has not represented his country since last year’s World Cup because of injury. “Kelly Brown is an inspirational person. He has an aura, confidence and belief about him and a firm understanding of the game,” Robinson said in a statement on the Scotland Rugby Union website (www.scottishrugby.org). …
Portuguese budget to pass, faces court uncertainty
LISBON (Reuters) – Portugal's parliament is expected to approve the biggest tax increases in the country's modern history on Wednesda y, paving the way for a court battle over a budget which the government says is vital for keeping its international bailout afloat. The government of Prime Minister Pedro Passos Coelho is searching for ways to guarantee revenues for meeting budget goals set under the 78-billion euro bailout deal with the European Union and International Monetary Fund. …
Smokers miss work more often, cost UK billions: study
(Reuters) – Smokers miss an average of two or three more days of work each year than non-smokers, with this absenteeism costing the UK alone 1.4 billion pounds – or $2.25 billion – last year, according to a UK study. The report, which appeared in the journal Addiction, analyzed 29 separate studies conducted between 1960 and 2011 in Europe, Australia and New Zealand, the United States and Japan, with a total of over 71,000 public and private sector workers. …
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Iran warships leave Sudan after four-day stay
PORT SUDAN (Reuters) – Two Iranian warships left Sudan on Wednesday after a visit that drew attention to the countries' military ties less than a week after Khartoum accused Israel of bombing a Sudane se arms factory. Israel accuses the Muslim East African country of channeling weapons to the Gaza Strip, controlled by Iran's ally Hamas, via Egypt's Sinai desert – a charge Khartoum denies. Last week, a fire at the Yarmouk munitions plant in the south of Khartoum killed four people, and Sudan said an Israeli air strike was behind the blast. Israel has not commented on the fire. …
TSX may open higher: earnings, Wall Street eyed
(Reuters) – Canada's main stock index looked set to join Wall Street by opening higher on Wednesday, with investors also set to take cues from Canadian corporate earnings. U.S. stock index futures rose in what could be a volatile day of trading as equity markets reop en after a damaging storm forced a two-day market closure. TOP STORIES Millions across the U.S. Northeast stricken by massive storm Sandy will attempt to resume their normal lives as companies, markets and airports reopen despite grim projections of power and mass transit outages around New York for several more days. …
Bahrain must lift ban on all protests: Amnesty
DUBAI (Reuters) – Bahrain must lift its total ban on opposition protests, which violates the right to freedom of expression and peaceful assembly, rights group Amnesty International said on Wednesday. Bahrain, a U.S. ally which hosts the U.S. Navy's Fifth Fleet, has been in political turmoil since pro-democracy protests led by its Shi'ite Muslim majority erupted last year and were put down by the island's Sunni Muslim rulers. …
Two new Israeli settler outposts erected in West Bank
JERUSALEM (Reuters) – Israeli settlers have set up two new unauthorized outposts in the occupied West Bank, the anti-settlement Peace Now group said on Wednesday. Hagit Ofran, who monitors settlement activity for Peace Now, said about eight prefabricated homes were placed near the settlement of Tzofim and another five outside the settlement of Talmon. She said the two new sites were connected to power and water lines serving the nearby settlements, a departure from previous cases in which outposts erected without Israeli government permission have been self-sustaining. …
Bahrain bans public demonstrations as protest movement rises again
o A daily summary of global reports on security issues.
Euro zone weighs new Greek aid as numbers deteriorate
BRUSSELS/ATHENS (Reuters) – Euro zone finance ministers conferred on how to keep Greece afloat as negotiations between Athens and its foreign lenders neared conclusion over reforms the country must implement to receive fresh emergency loans. Greece needs to push through spending cuts and tax measures worth 13.5 billion euros ($17.5 billion) as well as a raft of economic reforms to appease EU and IMF lenders and secure bailout money to avoid bankruptcy. …
PORT SUDAN (Reuters) – Two Iranian warships left Sudan on Wednesday after a visit that drew attention to the countries' military ties less than a week after Khartoum accused Israel of bombing a Sudane se arms factory. Israel accuses the Muslim East African country of channeling weapons to the Gaza Strip, controlled by Iran's ally Hamas, via Egypt's Sinai desert – a charge Khartoum denies. Last week, a fire at the Yarmouk munitions plant in the south of Khartoum killed four people, and Sudan said an Israeli air strike was behind the blast. Israel has not commented on the fire. …
TSX may open higher: earnings, Wall Street eyed
(Reuters) – Canada's main stock index looked set to join Wall Street by opening higher on Wednesday, with investors also set to take cues from Canadian corporate earnings. U.S. stock index futures rose in what could be a volatile day of trading as equity markets reop en after a damaging storm forced a two-day market closure. TOP STORIES Millions across the U.S. Northeast stricken by massive storm Sandy will attempt to resume their normal lives as companies, markets and airports reopen despite grim projections of power and mass transit outages around New York for several more days. …
Bahrain must lift ban on all protests: Amnesty
DUBAI (Reuters) – Bahrain must lift its total ban on opposition protests, which violates the right to freedom of expression and peaceful assembly, rights group Amnesty International said on Wednesday. Bahrain, a U.S. ally which hosts the U.S. Navy's Fifth Fleet, has been in political turmoil since pro-democracy protests led by its Shi'ite Muslim majority erupted last year and were put down by the island's Sunni Muslim rulers. …
Two new Israeli settler outposts erected in West Bank
JERUSALEM (Reuters) – Israeli settlers have set up two new unauthorized outposts in the occupied West Bank, the anti-settlement Peace Now group said on Wednesday. Hagit Ofran, who monitors settlement activity for Peace Now, said about eight prefabricated homes were placed near the settlement of Tzofim and another five outside the settlement of Talmon. She said the two new sites were connected to power and water lines serving the nearby settlements, a departure from previous cases in which outposts erected without Israeli government permission have been self-sustaining. …
Bahrain bans public demonstrations as protest movement rises again
o A daily summary of global reports on security issues.
Euro zone weighs new Greek aid as numbers deteriorate
BRUSSELS/ATHENS (Reuters) – Euro zone finance ministers conferred on how to keep Greece afloat as negotiations between Athens and its foreign lenders neared conclusion over reforms the country must implement to receive fresh emergency loans. Greece needs to push through spending cuts and tax measures worth 13.5 billion euros ($17.5 billion) as well as a raft of economic reforms to appease EU and IMF lenders and secure bailout money to avoid bankruptcy. …
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Canada dollar weakens after GDP data shows contraction
TORONTO (Reuters) – The Canadian dollar weakened to a session low versus the U.S. currency on Wednesday after data showed the Canadian economy unexpectedly contracted in August. At 8:34 a.m. (1234 GMT) the Canadian dollar was trading at C$1.0002 to the greenback, or $0.9998, compared with C$0.9985 just before the data and C$0.9993, or $1.0007, at Tuesday’s North American close. (Reporting by Alastair Sharp; Editing by Jeffrey Hodgson)
Canada economy shrinks in August as oil, mining slump
OTTAWA (Reuters) – The Canadian economy unexpectedly shrank by 0.1 percent in August from July, pointing to slower growth in the third quarter than in the first half of the year and supporting the central bank’s message that interest rate hikes are less imminent. Analysts had expected the economy to expand 0.2 percent in the month, according to the median forecast in a Reuters poll. The contraction was largely caused by decreased production in the natural resources sectors – oil and gas extraction and mining – as well as in manufacturing, Statistics Canada said in a report on Wednesday. …
Iran leader warns against public political clashes
Iran’s Supreme Leader has warned government officials and politicians against turning their disputes into a public discussion, calling it “treason” against the state.
PVH takes control of Calvin Klein clothing with Warnaco buy
(Reuters) – PVH Corp will buy lingerie and sportswear maker Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal to bring the Calvin Klein clothing brand under one roof. PVH, which owns and makes formal wear and sportswear under the Calvin Klein brand, will gain the underwear and jeans businesses that have been under license to Warnaco since 1997. PVH expects the combined businesses to generate $8 billion in revenue for the full year. …
Cameron faces damaging rebellion over European budget
LONDON (Reuters) – Prime Minister David Cameron faced a revolt in parliament on Wednesday from members of his Conservative Party demanding in a parliamentary vote that he push for a cut in the European Union’s budget next month. Although the vote’s result will be non-binding, defeat would damage Cameron by exposing enduring Conservative rifts over Europe and further undermining his authority after a punishing period for his coalition government. Many Britons regard the EU as an incompetent, spendthrift source of bureaucracy. …
Maple Leaf Foods profit falls 24 percent
(Reuters) – Canadian food processor Maple Leaf Foods reported a 24 percent fall in quarterly profit on Wednesday, under pressure from weak consumer bread demand and a slumping pork market. Net earnings for the third quarter ended September 30 fell to C$32.6 million ($32.6 million), or 22 Canadian cents per share, from C$43 million, or 29 Canadian cents, a year ago. On an adjusted basis, earnings per share were 29 Canadian cents, compared to analyst expectations of 31 cents, according to Thomson Reuters I/B/E/S. ($1=$1. …
Greek government narrowly wins privatization vote
ATHENS (Reuters) – Greece's government scraped through a parliamentary vote on a contentious article in a privatization law dema nded by lenders on Wednesday, highlighting the fragility of the ruling coalition. The article, which intends to scrap the government's obligation to own a minimum stake in a string of former state companies, passed with 148 deputies backing it and 139 deputies against the measure. Support for the measure fell far short of the 176-seat majority Prime Minister Antonis Samaras's three-party coalition enjoys in parliament. …
TORONTO (Reuters) – The Canadian dollar weakened to a session low versus the U.S. currency on Wednesday after data showed the Canadian economy unexpectedly contracted in August. At 8:34 a.m. (1234 GMT) the Canadian dollar was trading at C$1.0002 to the greenback, or $0.9998, compared with C$0.9985 just before the data and C$0.9993, or $1.0007, at Tuesday’s North American close. (Reporting by Alastair Sharp; Editing by Jeffrey Hodgson)
Canada economy shrinks in August as oil, mining slump
OTTAWA (Reuters) – The Canadian economy unexpectedly shrank by 0.1 percent in August from July, pointing to slower growth in the third quarter than in the first half of the year and supporting the central bank’s message that interest rate hikes are less imminent. Analysts had expected the economy to expand 0.2 percent in the month, according to the median forecast in a Reuters poll. The contraction was largely caused by decreased production in the natural resources sectors – oil and gas extraction and mining – as well as in manufacturing, Statistics Canada said in a report on Wednesday. …
Iran leader warns against public political clashes
Iran’s Supreme Leader has warned government officials and politicians against turning their disputes into a public discussion, calling it “treason” against the state.
PVH takes control of Calvin Klein clothing with Warnaco buy
(Reuters) – PVH Corp will buy lingerie and sportswear maker Warnaco Group Inc for about $2.8 billion in a cash-and-stock deal to bring the Calvin Klein clothing brand under one roof. PVH, which owns and makes formal wear and sportswear under the Calvin Klein brand, will gain the underwear and jeans businesses that have been under license to Warnaco since 1997. PVH expects the combined businesses to generate $8 billion in revenue for the full year. …
Cameron faces damaging rebellion over European budget
LONDON (Reuters) – Prime Minister David Cameron faced a revolt in parliament on Wednesday from members of his Conservative Party demanding in a parliamentary vote that he push for a cut in the European Union’s budget next month. Although the vote’s result will be non-binding, defeat would damage Cameron by exposing enduring Conservative rifts over Europe and further undermining his authority after a punishing period for his coalition government. Many Britons regard the EU as an incompetent, spendthrift source of bureaucracy. …
Maple Leaf Foods profit falls 24 percent
(Reuters) – Canadian food processor Maple Leaf Foods reported a 24 percent fall in quarterly profit on Wednesday, under pressure from weak consumer bread demand and a slumping pork market. Net earnings for the third quarter ended September 30 fell to C$32.6 million ($32.6 million), or 22 Canadian cents per share, from C$43 million, or 29 Canadian cents, a year ago. On an adjusted basis, earnings per share were 29 Canadian cents, compared to analyst expectations of 31 cents, according to Thomson Reuters I/B/E/S. ($1=$1. …
Greek government narrowly wins privatization vote
ATHENS (Reuters) – Greece's government scraped through a parliamentary vote on a contentious article in a privatization law dema nded by lenders on Wednesday, highlighting the fragility of the ruling coalition. The article, which intends to scrap the government's obligation to own a minimum stake in a string of former state companies, passed with 148 deputies backing it and 139 deputies against the measure. Support for the measure fell far short of the 176-seat majority Prime Minister Antonis Samaras's three-party coalition enjoys in parliament. …
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Rugby-Wales forward Jones returns from training for scans
LONDON, Oct 31 (Reuters) – Wales forward Ryan Jones will undergo scans on an injured shoulder ahead of the autumn internationals against Argentina, Samoa, New Zealand and Australia, the Welsh Rugby Union said on Wednesday. The backrow forward, who has captained Wales a joint-record 28 times, returned from training in Poland where he has been managing a shoulder problem predating his arrival. Wales take on Argentina on Nov. 10 in Cardiff and play Samoa six days later before welcoming world champions New Zealand on Nov. 24 and twice World Cup winners Australia on Dec. 1. …
Croatia sentences wartime guards for abuse of Serbs
ZAGREB (Reuters) – Croatia sentenced five former policemen to between one and three and a half years in prison on Wednesday for torturing ethnic Serb prisoners during Croatia’s 1991-95 war for independence. Croatia is scheduled to join the European Union in July, but its judiciary, human rights and war crimes trials remain under scrutiny. Brussels also wants the ex-Yugoslav republic to pursue efforts to combat organized crime and corruption. …
EU sanctions strangle Iranian LPG exports to Asia
LONDON/SEOUL (Reuters) – EU sanctions on Iran's natural gas have unintentionally also brought its exports of liquefied petroleum gas to a near halt, industry sources say, starving Tehran of yet more dollar revenue and threatening to push European winter fuel b ills yet higher. LPG, which comprises propane and butane, comes mainly from oil rather than natural gas, but shippers and insurers are steering clear of Iranian supplies due to uncertainty over the scope of the new European Union sanctions. "It's a grey area if natural gas includes LPG or not," said one LPG trader. …
LONDON, Oct 31 (Reuters) – Wales forward Ryan Jones will undergo scans on an injured shoulder ahead of the autumn internationals against Argentina, Samoa, New Zealand and Australia, the Welsh Rugby Union said on Wednesday. The backrow forward, who has captained Wales a joint-record 28 times, returned from training in Poland where he has been managing a shoulder problem predating his arrival. Wales take on Argentina on Nov. 10 in Cardiff and play Samoa six days later before welcoming world champions New Zealand on Nov. 24 and twice World Cup winners Australia on Dec. 1. …
Croatia sentences wartime guards for abuse of Serbs
ZAGREB (Reuters) – Croatia sentenced five former policemen to between one and three and a half years in prison on Wednesday for torturing ethnic Serb prisoners during Croatia’s 1991-95 war for independence. Croatia is scheduled to join the European Union in July, but its judiciary, human rights and war crimes trials remain under scrutiny. Brussels also wants the ex-Yugoslav republic to pursue efforts to combat organized crime and corruption. …
EU sanctions strangle Iranian LPG exports to Asia
LONDON/SEOUL (Reuters) – EU sanctions on Iran's natural gas have unintentionally also brought its exports of liquefied petroleum gas to a near halt, industry sources say, starving Tehran of yet more dollar revenue and threatening to push European winter fuel b ills yet higher. LPG, which comprises propane and butane, comes mainly from oil rather than natural gas, but shippers and insurers are steering clear of Iranian supplies due to uncertainty over the scope of the new European Union sanctions. "It's a grey area if natural gas includes LPG or not," said one LPG trader. …
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Eurozone unemployment hits new record of 11.6 per cent as economy slips toward recession
LONDON – Unemployment in the 17-country eurozone hit a record high of 11.6 per cent in September, official figures showed Wednesday, a sign the economy is deteriorating as governments struggle to get a grip on their three-year debt crisis.
Trick or treat to reduce UK tea-time power demand
LONDON (Reuters) – UK electricity demand is expected to drop by 500 megawatts (MW) in the early evening on Wednesday as parents take their children out of doors for Halloween instead of cooking dinner, the country’s network operator said. “Instead of putting the kettle on and making tea, (parents) go out with the children, so it disrupts the usual pattern,” a spokeswoman for National Grid said. “It’s been a pattern over the past couple of years for Halloween.” A reduction of 500 MW in demand equates to the energy used by around 200,000 kettles. …
LONDON – Unemployment in the 17-country eurozone hit a record high of 11.6 per cent in September, official figures showed Wednesday, a sign the economy is deteriorating as governments struggle to get a grip on their three-year debt crisis.
Trick or treat to reduce UK tea-time power demand
LONDON (Reuters) – UK electricity demand is expected to drop by 500 megawatts (MW) in the early evening on Wednesday as parents take their children out of doors for Halloween instead of cooking dinner, the country’s network operator said. “Instead of putting the kettle on and making tea, (parents) go out with the children, so it disrupts the usual pattern,” a spokeswoman for National Grid said. “It’s been a pattern over the past couple of years for Halloween.” A reduction of 500 MW in demand equates to the energy used by around 200,000 kettles. …
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Analysis: Romney or Obama, Israel will see steady U.S. course
JERUSALEM (Reuters) – Most Is raelis would be reassured if Mitt Romney won next week's U.S. presidential election, feeling they had an unquestioning friend rather than a dispassionate critic in the White House. But any change would probably be a question of style over substance, analysts say, with a Republican administration expected to follow the path already laid out by President Barack Obama when it comes to Iran and the Palestinians. The allies are too joined at the hip on fundamental challenges for the head to make that much difference. …
Banks would quit UK under full separation - Taylor
LONDON (Reuters) – Banks could leave the UK if they are asked to fully separate their retail and commercial arms from their investment banking activities, Martin Taylor, one of the authors of a government-commissioned review of the industry told MPs. The Independent Commission on Banking recommended lenders formed barriers between their retail operations and riskier investment arms to protect ordinary consumers better in future crisis. However, it stops short of recommending a full separation. …
Penn gets multiple requests in Bolivia
It's not clear whether Sean Penn knew ahead of his visit to Bolivia of the missions he'd be asked to assume by President Evo Morales.
GM posts profit, sees break even in Europe by mid-decade
DETROIT (Reuters) – General Motors Co on Wednesday posted a far stronger-than-expected profit and said it was targeting a return to break-even levels in its money-losing Europ ean operations by mid-decade after a loss of as much as $1.8 billion in that region this year. GM's net income attributable to common shareholders in the third quarter fell to $1.48 billion, or 89 cents a share, compared with $1.74 billion, or $1.03 a share, in the year earlier quarter. Excluding one-time items, GM earned 93 cents a share, far above the 60 cents analysts polled by Thomson Reuters I/B/E/S had expected. …
Top UK court rejects bid to free US-held detainee
Britain’s Supreme Court has quashed a bid by a 30-year-old Pakistani man held by the U.S. in Afghanistan to force U.K. authorities to secure his release.
Slovenia opposition seeks referendum on scheme to avert bailout
ZAGREB (Reuters) – Slovenia’s opposition has called for a referendum on two laws the government sees as crucial to help the country stave off the risk of a bailout, state news agency STA reported on Wednesday. The move, initiated by 27 deputies from Positive Slovenia (PS) and three other legislators shortly before the midnight deadline on Tuesday, could derail Prime Minister Janez Jansa’s efforts to stabilize public finances and overhaul troubled state-owned banks. …
JERUSALEM (Reuters) – Most Is raelis would be reassured if Mitt Romney won next week's U.S. presidential election, feeling they had an unquestioning friend rather than a dispassionate critic in the White House. But any change would probably be a question of style over substance, analysts say, with a Republican administration expected to follow the path already laid out by President Barack Obama when it comes to Iran and the Palestinians. The allies are too joined at the hip on fundamental challenges for the head to make that much difference. …
Banks would quit UK under full separation - Taylor
LONDON (Reuters) – Banks could leave the UK if they are asked to fully separate their retail and commercial arms from their investment banking activities, Martin Taylor, one of the authors of a government-commissioned review of the industry told MPs. The Independent Commission on Banking recommended lenders formed barriers between their retail operations and riskier investment arms to protect ordinary consumers better in future crisis. However, it stops short of recommending a full separation. …
Penn gets multiple requests in Bolivia
It's not clear whether Sean Penn knew ahead of his visit to Bolivia of the missions he'd be asked to assume by President Evo Morales.
GM posts profit, sees break even in Europe by mid-decade
DETROIT (Reuters) – General Motors Co on Wednesday posted a far stronger-than-expected profit and said it was targeting a return to break-even levels in its money-losing Europ ean operations by mid-decade after a loss of as much as $1.8 billion in that region this year. GM's net income attributable to common shareholders in the third quarter fell to $1.48 billion, or 89 cents a share, compared with $1.74 billion, or $1.03 a share, in the year earlier quarter. Excluding one-time items, GM earned 93 cents a share, far above the 60 cents analysts polled by Thomson Reuters I/B/E/S had expected. …
Top UK court rejects bid to free US-held detainee
Britain’s Supreme Court has quashed a bid by a 30-year-old Pakistani man held by the U.S. in Afghanistan to force U.K. authorities to secure his release.
Slovenia opposition seeks referendum on scheme to avert bailout
ZAGREB (Reuters) – Slovenia’s opposition has called for a referendum on two laws the government sees as crucial to help the country stave off the risk of a bailout, state news agency STA reported on Wednesday. The move, initiated by 27 deputies from Positive Slovenia (PS) and three other legislators shortly before the midnight deadline on Tuesday, could derail Prime Minister Janez Jansa’s efforts to stabilize public finances and overhaul troubled state-owned banks. …
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Chrysler CEO Reiterates Jeep Production Staying in US - Bloomberg
Chrysler Group LLC Chief Executive Officer Sergio Marchionne reiterated that Jeep sport-utility vehicle production will stay in the U.S. after presidential candidate Mitt Romney suggested output may move to China. "Jeep production will not be moved from the …
Superstorm Sandy moves northward, still packs punch - USA TODAY
Cars are blurred as they pass by a darkened Flatiron Building in a section of Manhattan still in a blackout following Hurricane Sandy. (Photo: Mario Tama, Getty Images). Story Highlights. Death toll is at 50 so far; Kennedy, Newark airports to re-open; Looting a …
Obama edge over Romney on healthcare issues shrinking - Los Angeles Times
President Obama walks into the White House in a driving rain after returning to Washington to monitor preparations for an early response to Hurricane Sandy. (Jacquelyn Martin / Associated Press / October 29, 2012) …
Chrysler Group LLC Chief Executive Officer Sergio Marchionne reiterated that Jeep sport-utility vehicle production will stay in the U.S. after presidential candidate Mitt Romney suggested output may move to China. "Jeep production will not be moved from the …
Superstorm Sandy moves northward, still packs punch - USA TODAY
Cars are blurred as they pass by a darkened Flatiron Building in a section of Manhattan still in a blackout following Hurricane Sandy. (Photo: Mario Tama, Getty Images). Story Highlights. Death toll is at 50 so far; Kennedy, Newark airports to re-open; Looting a …
Obama edge over Romney on healthcare issues shrinking - Los Angeles Times
President Obama walks into the White House in a driving rain after returning to Washington to monitor preparations for an early response to Hurricane Sandy. (Jacquelyn Martin / Associated Press / October 29, 2012) …
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Stay Safe Trick or Treating This Halloween in Concord - Patch.com
Russia's election Magician pans "undemocratic" U.S. vote
MOSCOW (Reuters) – Voters will choose a president next week using a flawed and undemocratic system, says the man known as "The Magician" by opposition leaders over h is stewardship of Russian elections they say were marred by fraud. "The U.S. presidential election is not direct, not universal and not equal, and it does not safeguard the secrecy of voting," Vladimir Churov, an ally of President Vladimir Putin who heads Russia's Central Election Commission, wrote in the government newspaper Rossiyskaya Gazeta. "The electoral system and electoral laws in the United States are far from perfect. …
Fire at Saudi wedding kills 23 women, children
Saudi media reports say a blaze that erupted inside a tent at a wedding in the country’s east has killed at least 23 women and children.
Torstar profit falls as advertisers cut spending
(Reuters) – Canadian publisher Torstar Corp reported a 44 percent fall in third-quarter profit on lower spending by advertisers. Torstar — publisher of the Toronto Star, Canada’s biggest daily newspaper — reported net income attributable to equity shareholders of C$14.1 million, or 18 Canadian cents per share, compared with C$25.2 million, or C$32 per share, a year earlier. Revenue fell 6 percent to C$355.3 million. (Reporting by Maneesha Tiwari in Bangalore)
Russia's election Magician pans "undemocratic" U.S. vote
MOSCOW (Reuters) – Voters will choose a president next week using a flawed and undemocratic system, says the man known as "The Magician" by opposition leaders over h is stewardship of Russian elections they say were marred by fraud. "The U.S. presidential election is not direct, not universal and not equal, and it does not safeguard the secrecy of voting," Vladimir Churov, an ally of President Vladimir Putin who heads Russia's Central Election Commission, wrote in the government newspaper Rossiyskaya Gazeta. "The electoral system and electoral laws in the United States are far from perfect. …
Fire at Saudi wedding kills 23 women, children
Saudi media reports say a blaze that erupted inside a tent at a wedding in the country’s east has killed at least 23 women and children.
Torstar profit falls as advertisers cut spending
(Reuters) – Canadian publisher Torstar Corp reported a 44 percent fall in third-quarter profit on lower spending by advertisers. Torstar — publisher of the Toronto Star, Canada’s biggest daily newspaper — reported net income attributable to equity shareholders of C$14.1 million, or 18 Canadian cents per share, compared with C$25.2 million, or C$32 per share, a year earlier. Revenue fell 6 percent to C$355.3 million. (Reporting by Maneesha Tiwari in Bangalore)
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Nilam to make landfall near Mamallapuram - The Hindu
The cyclonic storm, Nilam, which lay centred at about 50 km to 60 km south of Chennai, is likely to cross the coast near Mamallapuram on Wednesday evening. The process of landfall, which is expected to begin from around 5-30 p.m., will go on till 11-30 p.m., …
Sandy-hit areas struggle to resume daily life - CBS News
NEW YORK People in the coastal corridor battered by superstorm Sandy took the first cautious steps to reclaim routines upended by the disaster, even as rescuers combed neighborhoods strewn with debris and scarred by floods and fire. But while New York …
A new 'Star Wars' film? And more news Sandy may have caused you to miss - The Star-Ledger - NJ.com
Wait a minute. Episode 7? If you're like most New Jerseyans, you've probably spent the last 72 hours transfixed on the fear and damage brought forth by Hurricane Sandy. So naturally, you might have missed some other items in the news. Like this: The world …
China prioritizes use of natural gas by vehicles, ships
BEIJING (Reuters) – China unveiled on Wednesday a natural gas policy designed to spur the transport sector’s use of the cleaner-burning fuel, and particularly of liquefied natural gas (LNG), as the world’s second-largest user of fuel reins in consumption of dirtier oil. Besides homes, utilities and factories, the government for the first time targeted the transport sector, covering buses, taxis, trucks, and vessels as preferred users of natural gas, according to a document published on the website of the National Development & Reform Commission (www.ndrc.gov.cn). …
Eurozone unemployment rises to new record
Unemployment in the 17-country eurozone rose to a record 11.6 percent in September, official figures showed Wednesday, in another grim development for a region that is struggling to get to grips with a three-year debt crisis.
Dad says Australian extortionist almost succeeded
The father of a teenager who spent 10 hours in a Sydney mansion with a fake bomb chained around her neck revealed Wednesday he might not have called the police had he known it carried an extortion note.
US, EU to ethnic Serbs: You have a home in Kosovo
U.S. Secretary of State Hillary Rodham Clinton is touring a Serbian Orthodox church in Kosovo as she seeks to convince ethnic Serbs they have a home in Europe’s youngest nation.
Gunmen kill 20 in northern Nigeria's Zamfara state
KADUNA, Nigeria (Reuters) – Gunmen suspected to be armed robbers have killed 20 people in a village in the northwest Nigerian state of Zamfara, authorities said on Wednesday, a similar attack to one in June. Dozens of men armed with guns stormed Kaburu village early on Tuesday morning, demanding money before shooting and hacking people to death, local residents said. “They were all shot to death while the village head was slaughtered with a sword,” local government spokesman Salihu Anga told Reuters by phone. …
The cyclonic storm, Nilam, which lay centred at about 50 km to 60 km south of Chennai, is likely to cross the coast near Mamallapuram on Wednesday evening. The process of landfall, which is expected to begin from around 5-30 p.m., will go on till 11-30 p.m., …
Sandy-hit areas struggle to resume daily life - CBS News
NEW YORK People in the coastal corridor battered by superstorm Sandy took the first cautious steps to reclaim routines upended by the disaster, even as rescuers combed neighborhoods strewn with debris and scarred by floods and fire. But while New York …
A new 'Star Wars' film? And more news Sandy may have caused you to miss - The Star-Ledger - NJ.com
Wait a minute. Episode 7? If you're like most New Jerseyans, you've probably spent the last 72 hours transfixed on the fear and damage brought forth by Hurricane Sandy. So naturally, you might have missed some other items in the news. Like this: The world …
China prioritizes use of natural gas by vehicles, ships
BEIJING (Reuters) – China unveiled on Wednesday a natural gas policy designed to spur the transport sector’s use of the cleaner-burning fuel, and particularly of liquefied natural gas (LNG), as the world’s second-largest user of fuel reins in consumption of dirtier oil. Besides homes, utilities and factories, the government for the first time targeted the transport sector, covering buses, taxis, trucks, and vessels as preferred users of natural gas, according to a document published on the website of the National Development & Reform Commission (www.ndrc.gov.cn). …
Eurozone unemployment rises to new record
Unemployment in the 17-country eurozone rose to a record 11.6 percent in September, official figures showed Wednesday, in another grim development for a region that is struggling to get to grips with a three-year debt crisis.
Dad says Australian extortionist almost succeeded
The father of a teenager who spent 10 hours in a Sydney mansion with a fake bomb chained around her neck revealed Wednesday he might not have called the police had he known it carried an extortion note.
US, EU to ethnic Serbs: You have a home in Kosovo
U.S. Secretary of State Hillary Rodham Clinton is touring a Serbian Orthodox church in Kosovo as she seeks to convince ethnic Serbs they have a home in Europe’s youngest nation.
Gunmen kill 20 in northern Nigeria's Zamfara state
KADUNA, Nigeria (Reuters) – Gunmen suspected to be armed robbers have killed 20 people in a village in the northwest Nigerian state of Zamfara, authorities said on Wednesday, a similar attack to one in June. Dozens of men armed with guns stormed Kaburu village early on Tuesday morning, demanding money before shooting and hacking people to death, local residents said. “They were all shot to death while the village head was slaughtered with a sword,” local government spokesman Salihu Anga told Reuters by phone. …
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Poll: Voters say Obama will win - Politico
A group of people who have accurately predicted the winner of the popular vote in the last four presidential elections thinks President Barack Obama is headed for a second term: the American people. Fifty-four percent of Americans think Obama will win the …
Syria rebels bring fight to pro-Assad Palestinians - Reuters UK
BEIRUT (Reuters) – Syrian rebels said on Wednesday they had formed a brigade of sympathetic Palestinians in a Damascus district to fight armed Palestinians aligned with President Bashar al-Assad. About 150,000 Palestinian refugees live in the Syrian …
IT industry now in 'post-Windows' era - ZDNet
Superstorm Sandy: State-by-state snapshot - CBS News
The massive storm that started out as Hurricane Sandy slammed into the East Coast and morphed into a huge and problematic system, killing at least 55 people in the United States. Power outages now stand at more than 6.8 million homes and businesses, …
Greece revises debt forecasts up in draft budget
Greece's general government debt is projected to stand at 189.1 percent of gross domestic product in 2013, figures in next year's revised budget show.
Euro zone inflation eases, unemployment at new highs
BRUSSELS (Reuters) – Euro zone inflation eased as expected in October thanks to slower growth of energy prices, but unemployment rose to new record highs in September, data from the European statistics office Eurostat showed on Wednesday. Eurostat estimated consumer inflation in the 17 countries sharing the euro was 2.5 percent year-on-year, down from 2.6 percent in September, though still above the European Central Bank target of below, but close to 2 percent. Upward pressure came mainly from more expensive energy, the prices of which increased 7. …
A group of people who have accurately predicted the winner of the popular vote in the last four presidential elections thinks President Barack Obama is headed for a second term: the American people. Fifty-four percent of Americans think Obama will win the …
Syria rebels bring fight to pro-Assad Palestinians - Reuters UK
BEIRUT (Reuters) – Syrian rebels said on Wednesday they had formed a brigade of sympathetic Palestinians in a Damascus district to fight armed Palestinians aligned with President Bashar al-Assad. About 150,000 Palestinian refugees live in the Syrian …
IT industry now in 'post-Windows' era - ZDNet
Superstorm Sandy: State-by-state snapshot - CBS News
The massive storm that started out as Hurricane Sandy slammed into the East Coast and morphed into a huge and problematic system, killing at least 55 people in the United States. Power outages now stand at more than 6.8 million homes and businesses, …
Greece revises debt forecasts up in draft budget
Greece's general government debt is projected to stand at 189.1 percent of gross domestic product in 2013, figures in next year's revised budget show.
Euro zone inflation eases, unemployment at new highs
BRUSSELS (Reuters) – Euro zone inflation eased as expected in October thanks to slower growth of energy prices, but unemployment rose to new record highs in September, data from the European statistics office Eurostat showed on Wednesday. Eurostat estimated consumer inflation in the 17 countries sharing the euro was 2.5 percent year-on-year, down from 2.6 percent in September, though still above the European Central Bank target of below, but close to 2 percent. Upward pressure came mainly from more expensive energy, the prices of which increased 7. …
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NY, NJ Begin Recovery After 'Sandy' - Voice of America
NEW YORK -- President Barack Obama promised help for storm victims on the East Coast of the United States assistance ahead of a visit to New Jersey on Wednesday. New Jersey beach communities were among the hardest hit by super storm Sandy …
Activists say government fighter jets pound rebel strongholds near Damascus and in the north
BEIRUT – Activists say Syrian warplanes are pounding opposition strongholds around Damascus and in the north, as the regime of President Bashar Assad intensifies airstrikes against rebels seeking to topple him.
China defends patrols in waters near disputed East China Sea islands held by Japan
BEIJING, China – China on Wednesday defended its increasingly assertive patrolling near disputed East China Sea islands controlled by Japan, as tensions in the area continue to run high.
Top Canadian book prize awarded to humorist, travel writer
TORONTO (Reuters) – A humorist, travel w riter and novelist who penned a fictional tale about the inner workings of Nigerian email scams won Canada's most prestigious and lucrative literary prize on Tuesday. Will Ferguson won the C$50,000 ($50,000) Scotiabank Giller prize for his novel "419," published by Penguin Canada. "I'd like to raise a toast to the written word," Ferguson, said in his acceptance speech as he drank from a flask at the podium. …
NEW YORK -- President Barack Obama promised help for storm victims on the East Coast of the United States assistance ahead of a visit to New Jersey on Wednesday. New Jersey beach communities were among the hardest hit by super storm Sandy …
Activists say government fighter jets pound rebel strongholds near Damascus and in the north
BEIRUT – Activists say Syrian warplanes are pounding opposition strongholds around Damascus and in the north, as the regime of President Bashar Assad intensifies airstrikes against rebels seeking to topple him.
China defends patrols in waters near disputed East China Sea islands held by Japan
BEIJING, China – China on Wednesday defended its increasingly assertive patrolling near disputed East China Sea islands controlled by Japan, as tensions in the area continue to run high.
Top Canadian book prize awarded to humorist, travel writer
TORONTO (Reuters) – A humorist, travel w riter and novelist who penned a fictional tale about the inner workings of Nigerian email scams won Canada's most prestigious and lucrative literary prize on Tuesday. Will Ferguson won the C$50,000 ($50,000) Scotiabank Giller prize for his novel "419," published by Penguin Canada. "I'd like to raise a toast to the written word," Ferguson, said in his acceptance speech as he drank from a flask at the podium. …
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Dan Shaughnessy For joining Heat, Ray Allen gets cold shoulder - Boston Globe
MIAMI -- Does it really have to be like this? Ray Allen didn't like losing his starting job in Boston. Ray didn't like Rajon Rondo. He didn't feel appreciated by the Celtics. So Ray made a deal with the hoop devil. He signed with the Miami Heat. And now Kevin …
Activists say government fighter jets pound rebel strongholds near Damascus ... - Vancouver Sun
Netanyahu to push tougher Iran sanctions in France
Israeli Prime Minister Benjamin Netanyahu says he will urge French leaders to help strengthen sanctions against Iran and efforts to fight terrorism.
Skeleton believed from Colonial times found under uprooted tree
NEW HAVEN, Conn. – New Haven police say superstorm Sandy has revealed a skeleton beneath the town green that may have been there since Colonial times.
Syria activists say warplanes hit Damascus suburbs
Activists say Syrian warplanes are pounding opposition strongholds around Damascus and in the north, as the regime of President Bashar Assad intensifies airstrikes against rebels seeking to topple him.
Celebratory gunfire at Saudi wedding cuts cable, 23 electrocuted
RIYADH (Reuters) – Celebratory gunfire at a wedding party in eastern Saudi Arabia on Tuesday night brought down an electric cable, killing 23 people, a local civil defense official said. “At the wedding, the cable fell on a metal door and the 23 people who died were all electrocuted,” Eastern Province official Abdullah Khashman said by phone. A photograph of the aftermath of the accident, published on local newspapers’ websites showed a large courtyard strewn with fallen chairs and a pole in the middle supporting cables carrying lightbulbs. …
MIAMI -- Does it really have to be like this? Ray Allen didn't like losing his starting job in Boston. Ray didn't like Rajon Rondo. He didn't feel appreciated by the Celtics. So Ray made a deal with the hoop devil. He signed with the Miami Heat. And now Kevin …
Activists say government fighter jets pound rebel strongholds near Damascus ... - Vancouver Sun
Netanyahu to push tougher Iran sanctions in France
Israeli Prime Minister Benjamin Netanyahu says he will urge French leaders to help strengthen sanctions against Iran and efforts to fight terrorism.
Skeleton believed from Colonial times found under uprooted tree
NEW HAVEN, Conn. – New Haven police say superstorm Sandy has revealed a skeleton beneath the town green that may have been there since Colonial times.
Syria activists say warplanes hit Damascus suburbs
Activists say Syrian warplanes are pounding opposition strongholds around Damascus and in the north, as the regime of President Bashar Assad intensifies airstrikes against rebels seeking to topple him.
Celebratory gunfire at Saudi wedding cuts cable, 23 electrocuted
RIYADH (Reuters) – Celebratory gunfire at a wedding party in eastern Saudi Arabia on Tuesday night brought down an electric cable, killing 23 people, a local civil defense official said. “At the wedding, the cable fell on a metal door and the 23 people who died were all electrocuted,” Eastern Province official Abdullah Khashman said by phone. A photograph of the aftermath of the accident, published on local newspapers’ websites showed a large courtyard strewn with fallen chairs and a pole in the middle supporting cables carrying lightbulbs. …
seenewstoday.com : Top News updates
Coastal residents try to pick up after monster storm, but challenge of rebuilding remains
NEW YORK, N.Y. – People in the heavily populated U.S. East Coast corridor battered by superstorm Sandy took the first cautious steps to reclaim their upended daily routines, even as rescuers combed neighbourhoods strewn with debris and scarred by floods and fire.
Construction bonanza in Macedonian capital causes controversy: Kitsch or history?
SKOPJE, Macedonia – Winston Churchill is flashing his trademark victory sign from the rooftop of Macedonia’s shining white new foreign ministry building.
Population bulge tests India's growth aspirations
Vijay Kumar clutched a worn plastic folder containing his high school diploma and his nursing aide certificate as he joined a long queue at an employment exchange in a New Delhi suburb. It's a familiar ritual. For six years he has struck out.
Barclays takes action on staff after Libor probe
LONDON (Reuters) – Barclays has fired staff, clawed back pay and taken other disciplinary action after a "very r igorous" internal investigation into the bank's manipulation of Libor interest rates, its new chief executive said. "In some circumstances this has led to people being removed from the firm, in some cases it's led to disciplinary action, and along with that there has been a series of compensation actions … appropriate to individual's involvement," Chief Executive Antony Jenkins told reporters on a conference call. …
Sandy shuts down northeast airports; travellers could be stuck for days
Superstorm Sandy grounded more than 18,000 flights across the Northeast and the globe, and it will take days before travel gets back to normal.
Indian court sentences man to life imprisonment for 2009 hijack scare in passenger plane
NEW DELHI – An Indian court has sentenced a man to life in prison for triggering a hijack scare in a passenger plane nearly four years ago.
NEW YORK, N.Y. – People in the heavily populated U.S. East Coast corridor battered by superstorm Sandy took the first cautious steps to reclaim their upended daily routines, even as rescuers combed neighbourhoods strewn with debris and scarred by floods and fire.
Construction bonanza in Macedonian capital causes controversy: Kitsch or history?
SKOPJE, Macedonia – Winston Churchill is flashing his trademark victory sign from the rooftop of Macedonia’s shining white new foreign ministry building.
Population bulge tests India's growth aspirations
Vijay Kumar clutched a worn plastic folder containing his high school diploma and his nursing aide certificate as he joined a long queue at an employment exchange in a New Delhi suburb. It's a familiar ritual. For six years he has struck out.
Barclays takes action on staff after Libor probe
LONDON (Reuters) – Barclays has fired staff, clawed back pay and taken other disciplinary action after a "very r igorous" internal investigation into the bank's manipulation of Libor interest rates, its new chief executive said. "In some circumstances this has led to people being removed from the firm, in some cases it's led to disciplinary action, and along with that there has been a series of compensation actions … appropriate to individual's involvement," Chief Executive Antony Jenkins told reporters on a conference call. …
Sandy shuts down northeast airports; travellers could be stuck for days
Superstorm Sandy grounded more than 18,000 flights across the Northeast and the globe, and it will take days before travel gets back to normal.
Indian court sentences man to life imprisonment for 2009 hijack scare in passenger plane
NEW DELHI – An Indian court has sentenced a man to life in prison for triggering a hijack scare in a passenger plane nearly four years ago.
seenewstoday.com : Top News updates
Potash Corp in merger talks with Israel Chemicals
JERUSALEM (Reuters) – Potash Corp , the world’s largest fertilizer maker, is in talks with Israel’s government about merging with its smaller rival Israel Chemicals (ICL) , ICL’s parent company said. Canada-based Potash already controls 13.84 percent of ICL, the world’s sixth-largest fertilizer maker, and has long sought to raise its stake but has faced government and regulatory opposition. Conglomerate Israel Corp owns 52.3 percent of ICL. Some 34 percent of ICL, which has a market value of about $15 billion, is traded on the Tel Aviv Stock Exchange. …
Spain's Rajoy says crisis needs domestic and European solutions
MADRID (Reuters) – Spain will come out of its current crisis through a combination of domestic reforms and policy decisions taken at a European level, Spanish Prime Minister Mariano Rajoy said in parliament on Wednesday. "Overcoming the crisis depends on national reforms but also European policies," Rajoy said. The Spanish leader has kept financial markets guessing as to whether he will ask for a financial rescue from the European Union. "The European Union is moving, but at a pace that can seem desperately slow to some of us," he also said. …
As Obama focuses on storm response, Romney gets back to campaign trail
WASHINGTON – President Barack Obama, locked in a tight re-election bid, is emphasizing his incumbent’s role for a third straight day, skipping campaign events in battleground states to visit victims of superstorm Sandy in New Jersey, a state he’s confident of winning. The president’s actions have forced his Republican challenger, Mitt Romney, to walk a careful line and make tough choices
JERUSALEM (Reuters) – Potash Corp , the world’s largest fertilizer maker, is in talks with Israel’s government about merging with its smaller rival Israel Chemicals (ICL) , ICL’s parent company said. Canada-based Potash already controls 13.84 percent of ICL, the world’s sixth-largest fertilizer maker, and has long sought to raise its stake but has faced government and regulatory opposition. Conglomerate Israel Corp owns 52.3 percent of ICL. Some 34 percent of ICL, which has a market value of about $15 billion, is traded on the Tel Aviv Stock Exchange. …
Spain's Rajoy says crisis needs domestic and European solutions
MADRID (Reuters) – Spain will come out of its current crisis through a combination of domestic reforms and policy decisions taken at a European level, Spanish Prime Minister Mariano Rajoy said in parliament on Wednesday. "Overcoming the crisis depends on national reforms but also European policies," Rajoy said. The Spanish leader has kept financial markets guessing as to whether he will ask for a financial rescue from the European Union. "The European Union is moving, but at a pace that can seem desperately slow to some of us," he also said. …
As Obama focuses on storm response, Romney gets back to campaign trail
WASHINGTON – President Barack Obama, locked in a tight re-election bid, is emphasizing his incumbent’s role for a third straight day, skipping campaign events in battleground states to visit victims of superstorm Sandy in New Jersey, a state he’s confident of winning. The president’s actions have forced his Republican challenger, Mitt Romney, to walk a careful line and make tough choices
seenewstoday.com : Top News updates
Officials debate whether to scrap malaria program
The future of a pricey malaria program meant to provide cheap drugs for poor patients may be in jeopardy after health officials clashed over its effectiveness in two new reports.
Plague of office-buying wears at China's image
In a small town in northern China's Inner Mongolia where sheep and cattle easily outnumber humans, Fan Chen paid a party boss three times an average urban resident's annual salary to become a local police chief.
Greek journalists strike to protest austerity plan
Greek lawmakers are to vote Wednesday on a privatization bill that will be the first major test for the country's troubled governing coalition, while journalists have walked off the job at the start of rolling 24-hour strikes to protest austerity plans that will affect their healthcare funds.
The future of a pricey malaria program meant to provide cheap drugs for poor patients may be in jeopardy after health officials clashed over its effectiveness in two new reports.
Plague of office-buying wears at China's image
In a small town in northern China's Inner Mongolia where sheep and cattle easily outnumber humans, Fan Chen paid a party boss three times an average urban resident's annual salary to become a local police chief.
Greek journalists strike to protest austerity plan
Greek lawmakers are to vote Wednesday on a privatization bill that will be the first major test for the country's troubled governing coalition, while journalists have walked off the job at the start of rolling 24-hour strikes to protest austerity plans that will affect their healthcare funds.
seenewstoday.com : Top News updates
Psychiatrist: Australian banker was in psychotic state when he chained fake bomb to teenager
SYDNEY – A psychiatrist has told a Sydney court that an Australian investment banker was in a psychotic state when he entered a mansion and chained a fake bomb to a teenager’s neck.
Chinese think tank urges end to one-child policy
A Chinese government think tank is urging the country's leaders to start phasing out its one-child policy immediately and allow two children for every family by 2015, a daring proposal to do away with the unpopular policy.
Afghan presidential election set for April 2014
Afghanistan's Election Com mission says the country's next presidential election will be held on April 5, 2014, in a vote that is seen as crucial for the future of the war-ravaged country.
Barclays says new U.S. probes, profit hit by PPI
LONDON (Reuters) – Barclays unveiled two new U.S. regulatory probes on Wednesday as the bank, already rocked by an interest rate rigging scandal, said profits fell by a fifth due to charges for the mis-selling of insurance. Barclays said the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission were investigating whether its relationships with third parties who help it win or retain business are compliant with the U.S. Foreign Corrupt Practices Act. It is also being investigated for past power trading in the western United States. …
Utility GDF Suez revenues up 8.4 percent this year
Franco-Belgian utility GDF Suez reported Wednesday that its revenues were up 8.4 percent this year so far, driven in part by weather conditions in France and a state decision that will allow the company to recoup money lost in a government-mandated freeze on natural gas prices.
Peavy, White Sox agree to $29 million, 2-year deal; Dodgers give League $22.5 million
Pitcher Jake Peavy and the Chicago White Sox agreed Tuesday to a $29 million, two-year contract.
Rugby-Williams surgery puts Japan future and fight in doubt
SYDNEY, Oct 31 (Reuters) – Boxing All Black Sonny Bill Williams said he had surgery on a pectoral injury on Wednesday, which looks likely to delay his return to his Japanese club and force the postponement of his next fight. “Just spoke to the doctor operation went well, Thanks for the support I’ve truly been blessed,” the 27-year-old tweeted to his followers. Williams injured his shoulder and chest while playing for Japanese Top League club Panasonic Wild Knights at the weekend. New Zealand’s heavyweight boxing champion flew to Sydney on Tuesday to prepare for his Nov. …
Hong Kong named top financial center for second year
LONDON (Reuters) – Hong Kong was named the world's top financial center for the second year running by the World Economic Forum (WEF), thanks to the strength o f its business environment, infrastructure and a favorable tax regime. The WEF's annual Financial Development Report considered a wide range of factors and underscored the rise of Asian trading centers and the influence of China as the world's second-largest economy. Rival surveys based purely on the total value of transactions typically put New York or London in top place. …
Analysis: Investment sponges for a growth-saturated world
LONDON (Reuters) – When paltry growth, systemic risk and resource scarcity are darkening the global horizon, investors must hunt shrewdly to find stocks resilient enough to ride out the storm. Far from being cathartic, the past five years of credit crisis and the subsequent slow, painful debt paydown has merely nudged the world economy deeper into the dangers posed by dramatic population growth, aging in rich economies and shortages of natural resources and capital. …
South Dakota executes man for 1990 rape, killing of 9-year-old girl
SIOUX FALLS, S.D. – A South Dakota inmate was executed Tuesday night for the 1990 rape and murder of a 9-year-old girl who disappeared after leaving her home to buy sugar at a nearby store so she could make lemonade.
Australian mining magnate loses bid to throw children's lawsuit out of court
SYDNEY (Reuters) – Australia’s richest woman Gina Rinehart lost a court bid on Wednesday to throw out a lawsuit brought by three of her children over control of a $4 billion family trust. Justice Paul Brereton of the New South Wales Supreme Court ruled that the case should go to a full trial at a date yet to be determined. Rinehart’s three eldest children are seeking to remove her as the sole trustee of the trust that holds an almost one-quarter share in Hancock Prospecting Pty Ltd, one of the world’s largest privately-owned mining companies. …
Schools closed, thousands move to higher ground as cyclone roars toward southern India
NEW DELHI – Authorities in southern India say thousands of people have moved to higher ground and schools and colleges have closed as a cyclone roared in the Bay of Bengal toward coastal areas.
Afghanistan presidential election set for April 2014
KABUL (Reuters) – Afghanistan will hold its next presidential election on April 5, 2014, the Election Commission announced on Wednesday. President Hamid Karzai, who is constitutionally barred from seeking a th ird term, had denied speculation that security problems and the exit of foreign troops that year would delay the poll. The credibility of the vote will be vital to the security and stability of Afghanistan after the final foreign combat troops have left by the end of 2014. Karzai's re-election in 2009 was blighted by allegations of fraud. …
British October consumer morale drops to lowest in six months - GfK
LONDON (Reuters) – British consumer confidence fell to its lowest in six months in October, highlighting the fragility o f Britain's recovery from recession, a survey by researchers GfK NOP showed on Wednesday. The poll's headline index dipped to -30, the lowest since April when the country was in the middle of an economic slump. Analysts had forecast a steady reading of -28. The latest figure contrasts with the official end of recession between July and September, when the economy grew 1 percent, partly helped by the London Olympics. …
Shikoku Electric skips profit forecast due to nuclear shutdown
TOKYO (Reuters) – Shikoku Electric Power Co said on Wednesday it will skip issuing a profit forecast for the 12 months to March 31 due to uncertainty over when it can restart its Ikata nuclear plant. All but two of Japan’s 50 nuclear reactors have been idled for safety checks and upgrades after the Fukushima nuclear disaster last year, the world’s worst since Chernobyl in 1986. Shikoku Electric said it had a loss of 15.01 billion yen ($188.62 million) for the six months to September 30, after spending more on fossil fuels to generate electricity, compared with a profit of 16. …
Ohio teen found guilty of aggravated murder in Craigslist scheme
AKRON, Ohio – A teenager was found guilty of aggravated murder Tuesday for his role in a deadly plot to lure men desperate for work with phoney Craigslist job offers.
News Corp seals $2.1 billion Australia pay-TV deal
MELBOURNE (Reuters) – Rupert Murdoch's News Corp boosted its share of Australia's pay-TV market after shareholders in Consolidated Media Holdings Ltd voted in favor of a A$2 billion ($2.1 billion) takeover offer from New s. The deal will double the stake of News Corp's Australian arm in dominant pay-TV operator Foxtel to 50 percent and give it 100 percent of content provider Fox Sports, increasing its pay-TV exposure at the same time as it cuts costs at its print operations. Consolidated Media said shareholders at a meeting on Wednesday voted 99.9 percent in favor of the takeover. …
Myanmar opium output rises despite eradication effort
(Reuters) – Opium poppy cultivation in Myanmar has risen for the sixth consecutive year despite a state eradi cation campaign, a United Nations report said on Wednesday, throwing doubt on government assertions the problem would be over by 2014. Unprecedented eradication efforts managed to destroy almost 24,000 hectares (59,280 acres) of poppy fields in the 2012 season, running from the autumn 2011 to early summer this year, more than triple the previous year's total. But the U.N. …
Yemen LNG gas pipeline blown up again
DUBAI (Reuters) – A gas pipeline feeding Yemen’s only liquefied natural gas (LNG) export terminal was blown up again on Tuesday night, the operating company said on Wednesday. “Yemen LNG confirms the sabotage of the 38 inch gas pipeline that links the block 18 to the Balhaf terminal on the Gulf of Aden,” said the company, run by France’s Total. “The explosion occurred at 2200 on October 30, 2012 at 295 km north of Balhaf Liquefaction Plant. …
Indigenous vs. multinationals in Mexico wind power
Mexico is putting up wind power turbines at a breakneck pace and the expansion is pitting energy companies against the Indians who live in one of the windiest spots in the world.
SYDNEY – A psychiatrist has told a Sydney court that an Australian investment banker was in a psychotic state when he entered a mansion and chained a fake bomb to a teenager’s neck.
Chinese think tank urges end to one-child policy
A Chinese government think tank is urging the country's leaders to start phasing out its one-child policy immediately and allow two children for every family by 2015, a daring proposal to do away with the unpopular policy.
Afghan presidential election set for April 2014
Afghanistan's Election Com mission says the country's next presidential election will be held on April 5, 2014, in a vote that is seen as crucial for the future of the war-ravaged country.
Barclays says new U.S. probes, profit hit by PPI
LONDON (Reuters) – Barclays unveiled two new U.S. regulatory probes on Wednesday as the bank, already rocked by an interest rate rigging scandal, said profits fell by a fifth due to charges for the mis-selling of insurance. Barclays said the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission were investigating whether its relationships with third parties who help it win or retain business are compliant with the U.S. Foreign Corrupt Practices Act. It is also being investigated for past power trading in the western United States. …
Utility GDF Suez revenues up 8.4 percent this year
Franco-Belgian utility GDF Suez reported Wednesday that its revenues were up 8.4 percent this year so far, driven in part by weather conditions in France and a state decision that will allow the company to recoup money lost in a government-mandated freeze on natural gas prices.
Peavy, White Sox agree to $29 million, 2-year deal; Dodgers give League $22.5 million
Pitcher Jake Peavy and the Chicago White Sox agreed Tuesday to a $29 million, two-year contract.
Rugby-Williams surgery puts Japan future and fight in doubt
SYDNEY, Oct 31 (Reuters) – Boxing All Black Sonny Bill Williams said he had surgery on a pectoral injury on Wednesday, which looks likely to delay his return to his Japanese club and force the postponement of his next fight. “Just spoke to the doctor operation went well, Thanks for the support I’ve truly been blessed,” the 27-year-old tweeted to his followers. Williams injured his shoulder and chest while playing for Japanese Top League club Panasonic Wild Knights at the weekend. New Zealand’s heavyweight boxing champion flew to Sydney on Tuesday to prepare for his Nov. …
Hong Kong named top financial center for second year
LONDON (Reuters) – Hong Kong was named the world's top financial center for the second year running by the World Economic Forum (WEF), thanks to the strength o f its business environment, infrastructure and a favorable tax regime. The WEF's annual Financial Development Report considered a wide range of factors and underscored the rise of Asian trading centers and the influence of China as the world's second-largest economy. Rival surveys based purely on the total value of transactions typically put New York or London in top place. …
Analysis: Investment sponges for a growth-saturated world
LONDON (Reuters) – When paltry growth, systemic risk and resource scarcity are darkening the global horizon, investors must hunt shrewdly to find stocks resilient enough to ride out the storm. Far from being cathartic, the past five years of credit crisis and the subsequent slow, painful debt paydown has merely nudged the world economy deeper into the dangers posed by dramatic population growth, aging in rich economies and shortages of natural resources and capital. …
South Dakota executes man for 1990 rape, killing of 9-year-old girl
SIOUX FALLS, S.D. – A South Dakota inmate was executed Tuesday night for the 1990 rape and murder of a 9-year-old girl who disappeared after leaving her home to buy sugar at a nearby store so she could make lemonade.
Australian mining magnate loses bid to throw children's lawsuit out of court
SYDNEY (Reuters) – Australia’s richest woman Gina Rinehart lost a court bid on Wednesday to throw out a lawsuit brought by three of her children over control of a $4 billion family trust. Justice Paul Brereton of the New South Wales Supreme Court ruled that the case should go to a full trial at a date yet to be determined. Rinehart’s three eldest children are seeking to remove her as the sole trustee of the trust that holds an almost one-quarter share in Hancock Prospecting Pty Ltd, one of the world’s largest privately-owned mining companies. …
Schools closed, thousands move to higher ground as cyclone roars toward southern India
NEW DELHI – Authorities in southern India say thousands of people have moved to higher ground and schools and colleges have closed as a cyclone roared in the Bay of Bengal toward coastal areas.
Afghanistan presidential election set for April 2014
KABUL (Reuters) – Afghanistan will hold its next presidential election on April 5, 2014, the Election Commission announced on Wednesday. President Hamid Karzai, who is constitutionally barred from seeking a th ird term, had denied speculation that security problems and the exit of foreign troops that year would delay the poll. The credibility of the vote will be vital to the security and stability of Afghanistan after the final foreign combat troops have left by the end of 2014. Karzai's re-election in 2009 was blighted by allegations of fraud. …
British October consumer morale drops to lowest in six months - GfK
LONDON (Reuters) – British consumer confidence fell to its lowest in six months in October, highlighting the fragility o f Britain's recovery from recession, a survey by researchers GfK NOP showed on Wednesday. The poll's headline index dipped to -30, the lowest since April when the country was in the middle of an economic slump. Analysts had forecast a steady reading of -28. The latest figure contrasts with the official end of recession between July and September, when the economy grew 1 percent, partly helped by the London Olympics. …
Shikoku Electric skips profit forecast due to nuclear shutdown
TOKYO (Reuters) – Shikoku Electric Power Co said on Wednesday it will skip issuing a profit forecast for the 12 months to March 31 due to uncertainty over when it can restart its Ikata nuclear plant. All but two of Japan’s 50 nuclear reactors have been idled for safety checks and upgrades after the Fukushima nuclear disaster last year, the world’s worst since Chernobyl in 1986. Shikoku Electric said it had a loss of 15.01 billion yen ($188.62 million) for the six months to September 30, after spending more on fossil fuels to generate electricity, compared with a profit of 16. …
Ohio teen found guilty of aggravated murder in Craigslist scheme
AKRON, Ohio – A teenager was found guilty of aggravated murder Tuesday for his role in a deadly plot to lure men desperate for work with phoney Craigslist job offers.
News Corp seals $2.1 billion Australia pay-TV deal
MELBOURNE (Reuters) – Rupert Murdoch's News Corp boosted its share of Australia's pay-TV market after shareholders in Consolidated Media Holdings Ltd voted in favor of a A$2 billion ($2.1 billion) takeover offer from New s. The deal will double the stake of News Corp's Australian arm in dominant pay-TV operator Foxtel to 50 percent and give it 100 percent of content provider Fox Sports, increasing its pay-TV exposure at the same time as it cuts costs at its print operations. Consolidated Media said shareholders at a meeting on Wednesday voted 99.9 percent in favor of the takeover. …
Myanmar opium output rises despite eradication effort
(Reuters) – Opium poppy cultivation in Myanmar has risen for the sixth consecutive year despite a state eradi cation campaign, a United Nations report said on Wednesday, throwing doubt on government assertions the problem would be over by 2014. Unprecedented eradication efforts managed to destroy almost 24,000 hectares (59,280 acres) of poppy fields in the 2012 season, running from the autumn 2011 to early summer this year, more than triple the previous year's total. But the U.N. …
Yemen LNG gas pipeline blown up again
DUBAI (Reuters) – A gas pipeline feeding Yemen’s only liquefied natural gas (LNG) export terminal was blown up again on Tuesday night, the operating company said on Wednesday. “Yemen LNG confirms the sabotage of the 38 inch gas pipeline that links the block 18 to the Balhaf terminal on the Gulf of Aden,” said the company, run by France’s Total. “The explosion occurred at 2200 on October 30, 2012 at 295 km north of Balhaf Liquefaction Plant. …
Indigenous vs. multinationals in Mexico wind power
Mexico is putting up wind power turbines at a breakneck pace and the expansion is pitting energy companies against the Indians who live in one of the windiest spots in the world.
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