Avery Dennison to sell office supplies business, shares rise
(Reuters) – Avery Dennison Corp said it would sell its consumer and office supplies unit, which includes Avery labels and Hi-Liters markers, and its coated films business to Canada’s CCL Industries Inc for $500 million. Avery shares rose as much as 11 percent to a 19-month high of $40.00 on the New York Stock Exchange, while CCL jumped 16 percent to a life-high of C$53.25 on the Toronto Stock Exchange. The sale comes three months after 3M Co dropped its $550 million offer to buy Avery’s office and consumer products business following anti-trust concerns. …
Luxembourg anti-doping agency suspends Frank Schleck until July; to miss Tour de France
BRUSSELS – Cyclist Frank Schleck was suspended until July 14 by Luxembourg anti-doping authorities for testing positive to a banned substance during last year’s Tour de France.
Pa. judge: No new trial for Sandusky, defence had time to prepare for trial
HARRISBURG, Pa. – Jerry Sandusky lost a bid for a new trial Wednesday when a judge rejected his argument that his lawyers were not given enough time to prepare for the three-week proceeding that ended with a 45-count guilty verdict.
Zimbabwe claims its accounts are bare
HARARE, Zimbabwe (AP) -- Zimbabwe’s finance ministry says it has just $217 left in its accounts after paying the nation’s civil servants and government employees earlier this month.
Suppliers, grocers turning to DNA testing on meat
DUBLIN (AP) -- Ireland’s surprise discovery this month of horsemeat traces in factory-produced burgers is boosting business for one trade: Forensics labs that use DNA fingerprinting to tell you what’s on your plate.
European police arrest 103 in biggest raid on migrant smugglers
BUDAPEST (Reuters) – European police on Tuesday simultaneously arrested more than 100 people in 10 countries in what they called the biggest raid on a migrant smuggling ring in the history of the European Union. The traffickers, based in Kosovo with links to the Turkish underworld, specialized in bringing migrants from the Middle East, especially Libya, Syria and Iraq, to Europe for thousands of euros per head, police told a news conference in Hungary on Wednesday. …
Fertility doctor could lose licence over allegations of wrong inseminations
TORONTO – An Ottawa fertility doctor faces a disciplinary hearing Thursday over allegations he artificially inseminated three women with the wrong sperm.
Landslide survivor in Quebec shares his story; two colleagues still missing
TERREBONNE, Que. – The survivor of a landslide has shared the harrowing story of his escape.
Prince Charles takes rare ride on London's subway
LONDON (AP) -- Royalty means rarely having to mind the gap.
Brazil nightclub owner blames country for fire
SANTA MARIA, Brazil (AP) -- The owner of a nightclub in southern Brazil where more than 230 people died in a fire last weekend deflected blame to "the whole country," as well as to architects and inspectors charged with making sure the building was safe, his lawyer said Wednesday.
Mind the gap, your royal highness: Prince Charles takes subway for first time in 27 years
LONDON – Royalty means rarely having to mind the gap.
Quito's nerve-trying urban airport shuts down
QUITO, Ecuador – Landing at Ecuador’s capital can be a white-knuckle affair. High altitude, a cramped runway and towering volcanos nearby make it one of Latin America’s most challenging airports for pilots. And the constant roar of the planes torments those on the ground as well.
France takes key Mali cities; now the hard part
JOHANNESBURG (AP) -- French-led forces have wrested control of three key cities in northern Mali from al-Qaida-linked militants, but the fighters have escaped with their weapons into a desert region the size of Texas and are poised to mount counterattacks.
Anlaysis: The funds that saw Apple's decline coming
NEW YORK (Reuters) – The slump in Apple Inc's s hare price from its September high has badly dented the returns of hundreds of mutual funds that had maintained outsized holdings of the stock. But some went sour on the iPhone-maker just in time. Of the 321 funds that had more than 5 percent of their assets in Apple shares at the beginning of 2012, 53 of them – or slightly more than 16 percent – significantly cut back their weighting of the company before the plunge gained momentum, according to data from Morningstar. …
Timbuktu manuscripts mostly safe, university says
JOHANNESBURG (AP) -- A South African university says a limited number of manuscripts in the fabled city of Timbuktu in Mali were damaged or stolen by Islamist extremists as they fled the city.
Empty vessel off Newfoundland still adrift, not expected to reach Hibernia
ST. JOHN’S, N.L. – An empty Russian cruise ship drifting off Newfoundland is not expected to reach the Hibernia offshore oil platform as it heads out to sea.
Cop pleads guilty to child porn in Quebec
SHERBROOKE, Que. – A provincial police officer has pleaded guilty to child-porn charges in Quebec.
5 big losers in press freedom: Mali and ... Japan?
Each year, the World Press Freedom Index ranks the world's nations - 179 of them - on how easy they make the work of journalists, scoring them in categories like media independence, the physical safety of reporters, free speech laws, and transparency. The resulting list reads much like a primer for understanding global conflict: Safe and prosperous countries like Finland and Norway do best, while war-torn dictatorships like Iran, Eritrea, and Syria are among the world's worst spots to be not only a citizen, but a journalist as well.
Wednesday, January 30, 2013
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