Peregrine Financial's ex-CEO's ex-wife sued over divorce money
(Reuters) – Some of the more than $100 million Peregrine Financial's former chief executive stole from his brokerage's clients went to pay for his divorce settlement, the trustee of the now-bankrupt brokerage said in a lawsuit late Friday against the former wife. The lawsuit demands the return of more than $2.9 million in divorce payments and the disallowance of the former wife's bankruptcy court claims for an additional $2.4 million, money she says is still owed her from the divorce. …
Nigeria to tackle worst ever lead poisoning this week-senator
ABUJA (Reuters) – Nigeria will release funds this week to tackle the world’s worst lead poisoning outbreak which has killed at least 400 children, a senator said on Monday, ending months of official inaction in which 1,500 more children were put at risk. In May last year the government pledged 850 million naira ($5.4 million) to help clean up the lead and treat the thousands poisoned by contamination from an artisan gold mine in the Bagega area of northern Zamfara, but medical charity Doctor’s Without Borders (MSF) said the money never materialized. …
Arrest made in Brazil fire that killed 233, first funerals being held for victims
SANTA MARIA, Brazil – Brazilian police say they’ve made three arrests and are seeking a fourth person in connection with a nightclub fire that killed more than 230 people.
Bangladesh, India sign extradition and visa deals
DHAKA (Reuters) – Bangladesh and India on Monday signed an extradition treaty an d struck a deal to relax business visa restrictions between the neighboring countries. The extradition treaty could pave the way for Bangladesh to put on trial several crime bosses who crossed the border into India but are still running their gangs by telephone, a senior official at Bangladesh's Home Affairs Ministry told Reuters. It could also help India bring back fugitive separatists who have fled to Bangladesh including Ulfa leader Anup Chetia. …
Doping in cycling returns to the spotlight as Operation Puerto trial opens in Spain
MADRID – The first day of Spain’s long-awaited Operation Puerto trial ended without any new revelations about doping in cycling on Monday, as the presiding judge heard only legal arguments from lawyers instead of testimony from defendants and witnesses.
Ohio Players singer and guitarist Leroy 'Sugarfoot' Bonner dies at 69
DAYTON, Ohio – Leroy “Sugarfoot” Bonner, frontman for the hit-making funk music band the Ohio Players, has died in the U.S. He was 69.
Jury in case of Calgary psychiatrist accused of molesting patients deadlocked
CALGARY – The jury in the sex assault trial of a Calgary psychiatrist appeared to have reached an impasse on Sunday.
Agrium fires back at shareholder aiming to split company
(Reuters) – Canadian fertilizer company Agrium Inc will not split its wholesale and retail divisions as its biggest shareholder, Jana Partners, wants because it would “destroy value” for shareholders, Chief Executive Officer Mike Wilson said on Monday. Wilson was speaking in New York to Agrium’s sell-side analysts in an attempt to blunt Jana’s move to replace part of Agrium’s board and effect changes it says would increase returns to investors. …
Britain unveils high-speed railway plans
LONDON (AP) -- The British government on Monday unveiled details of new high-speed rail lines linking London to cities in northern England with trains traveling up to 225 miles an hour (360 kph).
Final salary pension schemes close at record rate
LONDON (Reuters) – UK companies closed final salary-based pension schemes at a record rate last year as funds struggled against rock bottom returns on their staple investments and growing life expectancy, the National Association of Pension Funds (NAPF) said on Monday. Firms closed 31 percent of so-called defined benefit (DB) pension pots, compared with 23 percent in 2011. Only 13 percent of DB schemes in the private sector were open to new joiners, down one third from 19 percent in 2011 and against 43 percent in 2005 when NAPF started keeping records. …
Could Brazil's nightclub fire spur more regional accountability?
Today marks 500 days until the kick-off of the 2014 World Cup in Brazil. It’s a moment that normally would bring worldwide attention to the country, also host of the 2016 summer Olympics, as it seeks to secure a spot on the international stage.
Iran says it sent monkey into space and back
TEHRAN, Iran (AP) -- Iran said Monday it has successfully sent a monkey into space, describing the launch as another step toward Tehran’s goal of a manned space flight.
Richest one per cent of tax filers earn a tenth of all income: StatsCan
OTTAWA – Statistics Canada says the top one per cent of the country’s 25.5 million tax filers accounted for 10.6 per cent of the nation’s total income in 2010, down from a peak of 12.1 per cent in 2006.
Arrests made in Brazil fire, funerals begin
SANTA MARIA, Brazil (AP) -- Brazilian police say they've made three arrests and are seeking a fourth person in connection with a nightclub fire that killed more than 230 people.
French take airport at Timbuktu as Islamist forces disappear
French and Malian troops were poised early today to advance into the city of Timbuktu, a key objective in a French-led campaign to reclaim northern Mali from nearly a year of rule by Islamist militants.
Monday, January 28, 2013
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