LONDON (Reuters) – Chinese car maker Geely has bought Manganese Bronze, the maker of London's black taxis, for 11 million pounds, safeguarding jobs and production of the vehicles in Britain. Manganese Bronze, whose taxis have been on British streets since 1948, went into administration last October, with about a third of its 300-strong workforce losing their jobs. Geely, which already owned about a quarter of Manganese Bronze, on Friday said it had agreed a deal with administrator PricewaterhouseCoopers to buy "the business and principal assets" of the company. … Suicide bomber outside mosque kills 19, wounds 45 in Pakistan northwest
HANGU, Pakistan (Reuters) – A suicide bomber killed 19 mostly Sunni Muslims and wounded 45 on Friday in a crowded market outside a mosque in Pakistan’s restive northwestern town of Hangu, police and officials said. Hangu, part of Pakistan’s border region with Afghanistan, has been racked by sectarian violence between Sunni and Shi’ite tribes. It is just a few km from Parachinar, which has a significant Shi’ite population against whom hardline Sunni militant groups have launched attacks for years. …
Euro zone inflation nears ECB target, joblessness at record
BRUSSELS (Reuters) – Euro zone inflation fell more than expected in January in a sign that companies were cutting prices to entice shoppers at a time when joblessness remained at a record level at the end of 2012. The rate of consumer price inflation in the 17 countries using the euro fell to 2 percent in January compared to a year ago, the EU’s statistics office Eurostat said on Friday. The reading, Eurostat’s first estimate, was lower than the 2.2 percent level forecast by economists polled by Reuters, which was also December’s level. Unemployment remained at a euro-era high of 11. …
Rights in Afghanistan at risk as NATO troops leave: report
KABUL (Reuters) – Afghanistan's human rights situation remains poor and will likely deteriorate even further with the departure of NATO-led forces from the country next year, Human Rights Watch (HRW) said in its annual global report on Thursday. Increasing international fatigue over the 11-year war has led to reduced pressure on the government of Afghan President Hamid Karzai to limit the role of warlords, corrupt politicians, and other human rights abusers, the report said. "The future of human rights protections in Afghanistan are in grave doubt," HRW Asia director Brad Adams said. … Bomb explodes outside mosque in northwest Pakistan, killing 15 people
PESHAWAR, Pakistan – Police say a bomb exploded outside a mosque in northwestern Pakistan as worshippers were leaving Friday prayers, killing 12 people.
Imprisoned Pussy Riot member hospitalized
MOSCOW (AP) -- A jailed member of the Pussy Riot feminist punk band has been hospitalized and had complained of headaches and of suffering from overwork at a prison colony known for its tough conditions, a fellow band member said Friday. FSA and SFO probe Barclays over Qatar loan - FT
LONDON (Reuters) – The Financial Services Authority (FSA) and Serious Fraud Office (SFO) are looking into an allegation that Barclays loaned Qatar money to invest in the bank as part of its rescue fundraising at the height of the 2008 financial crisis, the Financial T imes reported. Qatar Holding is not accused of any wrongdoing, the FT said. The FSA and SFO have been looking into Barclays' emergency fundraising since July. Qatar Holding invested 5. … Official: Israeli warplanes fly over Lebanon
BEIRUT (AP) -- A Lebanese security official says Israeli warplanes have flown over southern Lebanon. France's Hollande to fly to Mali on Friday: report
PARIS (Reuters) – French President Francois Hollande will fly to Mali on Friday night to meet the West African country's interim president in the capital Bamako the next day, France's Liberation newspaper reported. Quoting unnamed sources, it said Hollande also planned to visit the fabled desert city of Timbuktu, which French and Malian forces seized back from Islamist rebels who had held the northern part of the former French colony since last year. No comment from his office was immediately available. (Reporting by Mark John; editing by Leigh Thomas) US communications satellite lost in failed launch by Russian-controlled company from Pacific
MOSCOW – Sea Launch AG says a U.S. communications satellite was lost after a booster rocket carrying it into space failed shortly after its launch from a floating platform in the Pacific.
Bomb explodes outside Pakistani mosque, killing 15
PESHAWAR, Pakistan (AP) -- Police say a bomb exploded outside a mosque in northwestern Pakistan as worshippers were leaving Friday prayers, killing 15 people.
Instant View - UK manufacturing grows slightly in January
LONDON (Reuters) – Britain’s manufacturing sector expanded modestly in January as output grew at the fastest pace since September 2011, driven by domestic demand, a survey found on Friday. **************************************************************** – Highest output component since September 2011 – Highest employment index since February 2012 **************************************************************** ANALYSTS’ COMMENTS ROB WOOD, BERENBERG BANK “Some good news on output growth … …
Australian general gets key US Army post
FORT SHAFTER, Hawaii (AP) -- Maj. Gen. Richard Burr salutes with his palm facing out, like he’s shielding his eyes from the sun. He wears a wide-brimmed felt “slouch hat” with a brown and green camouflage uniform.
EU antitrust regulator says received Google proposals
BRUSSELS (Reuters) – Google has presented detailed proposals to allay anti-competitive concerns about its business practices, the EU antitrust regulator said on Friday, in a move which brings the company a step closer to resolving a two-year investigation. The European Commission has been investigating the world's most popular search engine following complaints from more than a dozen companies, including Microsoft, that Google has used its market power to block rivals. … Unlike its namesake, Shania Twain Centre in Timmins rarely drew needed numbers
TIMMINS, Ont. – Attendance figures for the $10-million Shania Twain Centre in Timmins, Ont., which permanently shuts its doors Friday after failing to draw a projected 50,000 tourists a year. Numbers refer to combined admissions to the Shania Twain exhibits and to the co-located gold mine tour:
Eye for an eye: rough justice in Mexico's Wild West
EL MEZON, Mexico (Reuters) – Wielding machetes and rusty shotguns, a motley crew in face masks escorts dozens of captives onto a basketball court to face a public "trial" for suspected ties to criminal gangs. This is Wild West justice, Mexican-style. Outraged at relentless extortion, kidnapping and theft as a wave of drug-related violence washes over Mexico, farmers, shopkeepers and other residents in the mountainous southern state of Guerrero are taking the law into their own hands as "community police. … Canada space agency boss leaves, with long-term federal plans for space unclear
MONTREAL – The recent announcement from Steve MacLean that he’s stepping down as head of the Canadian Space Agency has industry-watchers speculating that it might be tied to government inaction in the space sector.
Analysis: Investors cheer Portugal, on ground situation bleak
LISBON (Reuters) – Portuguese consumer confidence is at record lows, unemployment at all-time highs and the country has launched the largest tax rises in living memory. Yet investors are snapping up its bonds and its international lenders are full of praise. In perhaps the starkest example of the gap between renewed investor appetite and languishing economies, Portugal has started 2013 on its strongest footing since it was bailed out in mid-2011, with confidence boosted by hopes it will relinquish its lifeline from the European Union and IMF as scheduled. Investors bought 2. …
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