Fiat CEO keen for Chrysler buyout
MILAN (Reuters) – Fiat SpA Chief Executive Sergio Marchionne said the Italian automaker would like to see the minority holder of U.S. affiliate Chrysler Group LLC sell out as soon as possible. "The faster we do it, the better it is. It's up to them," he said, referring to a United Auto Workers union retiree healthcare trust called VEBA that owns 41 percent of Chrysler. Earlier this month, VEBA asked Chrysler to register 16.6 percent of its Chrysler shares for a future public offering, setting the stage for the third-largest U.S. …
Ontario man disputes $5,400 bill for being rescued while ice fishing
OSHAWA, Ont. – A southern Ontario man says he will fight the $5,400 bill he got from a fire department for rescuing him after he went through the ice while fishing.
RIM no more. Name change to BlackBerry a 'brilliant' move: expert
TORONTO – Research in Motion’s attempt to reset its image by changing its name to BlackBerry, the moniker of its globally recognized smartphones, is a “brilliant” move according to one expert.
New Brunswick premier to visit Alberta to make case for west-east pipeline
FREDERICTON – New Brunswick Premier David Alward heads to Alberta on Sunday for three days of meetings that he hopes will advance a proposal for a west-east oil pipeline.
Morsi, in Germany, defends comments on Jews
BERLIN (AP) -- Egypt's Islamist president turned aside repeated criticism of his past comments referring to Jews as "the descendants of apes and pigs" as he visited Germany on Wednesday, insisting that the remarks were taken out of context and were aimed at criticizing Israeli attacks on Palestinians.
Syria says Israel attacked military research center
BEIRUT (Reuters) – Israeli warplanes attacked a military research center in Damascus province at dawn on Wednesday, Syria’s military command said, denying reports that the planes had struck a convoy carrying weapons from Syria to Lebanon. Two people were killed and five wounded in the attack on the site in Jamraya, which it described as one of a number of “scientific research centers aimed at raising the level of resistance and self-defense”. The building was destroyed, the military command said in a statement carried by state media. …
Analysis: For Brazil's president, deadly fire highlights larger cause
SAO PAULO (Reuters) – For a gruff, no-nonsense technocrat known for intimidating even her closest aides, the tears rolling down President Dilma Rousseff's face were especially striking. After receiving a phone call at 7 a.m. on Sunday notifying her of a nightclub fire that killed 235 people in southern Brazil, Rousseff cut short a visit to Chile and was on the scene by midday. One photo showed her in a Santa Maria gym that had been turned into a makeshift morgue, cradling the head of a victim's mother with both hands as the two women cried. …
Good Reads: Mexico City cleans up, avoiding 'truth,' and a rare visit to North Korea
Mexico City has long had a dark cloud hovering over it - both literally and figuratively - when it comes to traffic woes and vehicle emissions. As recently as 2011, residents of Mexico's vibrant capital city reported "enduring the most painful commute," according to a report in National Geographic. "Based on factors such as roadway traffic, stress levels, and commute times, the city scored worse than 19 cities, including Beijing, China, and Nairobi, Kenya."RECOMMENDED: How much do you know about Mexico? Take our quiz.
INSIGHT-Monte dei Paschi harbored bank within a bank
SIENA, Italy (Reuters) – The secret document at the heart of the Monte dei Paschi banking scandal lay for months in a concealed safe in a 14th century Tuscan palace. Chief Executive Fabrizio Viola said he learnt about the safe's contents only last October, a full 10 months after he had been called in to sort out Italy's third biggest bank. The 2009 document revealing derivatives deals that have run up huge losses for Banca Monte dei Paschi came to light in the office of Viola's predecessor at the bank's headquarters in Siena. …
FARC rebels vow to keep capturing Colombian security forces
BOGOTA (Reuters) – Colombia’s FARC guerrillas have vowed to continue capturing security forces while the government on Wednesday asked rebels to make it clear they are not wasting time at peace talks in Cuba and genuinely want to end the five-decade conflict. President Juan Manuel Santos’ government and Marxist guerrillas have been locked in peace negotiations in Cuba since November to try to reach a negotiated settlement to a war that has defied all past attempts for resolution. The discussions are set to resume on Thursday. …
South Korea catches up to North Korea on the space race
South Korea says its first successful launch Wednesday of a rocket from its own soil has opened a new era of opportunity, taking the pressure off to keep up with its rival, North Korea, on a space race.
Wednesday, January 30, 2013
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