LONDON (Reuters) – British police said they would review accusations of sexual misconduct made against a former official of the coalition's Lib Dems, inten sifying a scandal that threatens to overwhelm the party ahead of a by-election. Detectives from London's police force will consider whether "criminal activity" took place relating to the allegations of sexual impropriety made against the party's former chief executive Chris Rennard, the Metropolitan Police Service said. … Inspection agency says no European horsemeat products sold in Canada
OTTAWA – No meat products involved in a European labelling controversy have been sold in Canada, says the Canadian Food Inspection Agency.
UK police to review sex scandal claims at coalition party
LONDON (Reuters) – British police said they would review accusations of sexual misconduct made against a former official of the coalition's Liberal Democrats, intensifyin g a scandal that threatens to overwhelm the party ahead of a by-election. Detectives from London's police force will consider whether "criminal activity" took place relating to the allegations of sexual impropriety made against the party's former chief executive Chris Rennard, the Metropolitan Police Service said. … Analysis: U.S. shale boom forces change in Canadian oil patch
CALGARY, Alberta (Reuters) – The U.S. shale oil revolution is forcing Canada's oil sands industry to question whether there is a future in processing its crude into lighter oil, a tried-and-true way of wringing the most money out of a resource considered crucial to the country's prosperity. Suncor Energy Inc , which nearly 50 years ago pioneered the practice in Canada of mining and then upgrading the oil sands bitumen into refinery-ready light crude at the same site, served notice this month that the era of the integrated project may be ending. … Yum cutting some supplier ties after China food scare
BEIJING (Reuters) – Yum Brands Inc said on Monday it will stop using more than 1,000 slaughterhouses in China as it moves to tighten food safety and reverse a sharp drop in business a t KFC restaurants in its top market after a scare over contaminated chicken. Diners began avoiding Kentucky-based Yum's nearly 5,300, mostly KFC, restaurants in China in December after news reports and government investigations in the Asian country focused on chemical residue found in a small portion of its chicken supply. … Dominican singer who won TV talent show to be jailed for year on suspicion of heroin smuggling
SANTO DOMINGO, Dominican Republic – A judge in the Dominican Republic says the winner of a TV talent show can be held in jail for up to a year while authorities investigate her alleged involvement in drug smuggling.
United Nations removes Osama bin Laden from sanctions list
UNITED NATIONS (Reuters) – Almost two years after his death at the hands of U.S. special forces in Pakistan, a U.N. Securi ty Council committee has removed al-Qaeda leader Osama bin Laden from its sanctions list, although an order freezing any assets of the Islamist extremist remains in place. Bin Laden had been subjected to a travel ban and asset freeze since he was listed by the Security Council al-Qaeda sanctions committee on January 25, 2001. He was shot and killed on May 2, 2011 by U.S. forces who stormed his compound in Pakistan. The U.N. … Big tally for Berlusconi throws wrench into Italy's election
Silvio Berlusconi pulled off a Lazarus-like rise from political oblivion on Monday by securing enough support in Italy's general election to hobble, or block altogether, the formation of a new government.
Canadian Press NewsAlert: CNOOC completes $15.1-billion takeover of Nexen
CALGARY – Chinese state-owned firm CNOOC Ltd. has completed its $15.1-billion takeover of Calgary oil and gas producer Nexen Inc. (TSX:NXY). Kevin Reinhart, who had been serving as interim CEO, will continue on in the top job.
Exclusive: Carlyle prepares to sell Arinc, hires banks - sources
NEW YORK (Reuters) – Private equity firm Carlyle Group LP is preparing to sell aerospace and defense company Arinc Inc and HAD hired JPMorgan Chase and Evercore Partne rs Inc to advise on the process, people familiar with the matter said. Arinc, which the buyout firm bought from six U.S. airlines in 2007 for an undisclosed sum, is expected to draw interest mostly from larger aerospace industry rivals and may fetch $1.2 billion to $1.5 billion in a sale, the people said. The auction is expected to be launched later this spring, they added. … CNOOC closes $15.1 billion acquisition of Canada's Nexen
TORONTO (Reuters) – The contentious $15.1 billion takeover of Canadian oil and gas company Nexen Inc by Chinese state-owned entity CNOOC Ltd closed on Monday, more than seven months after the Asian country's largest-ever foreign takeover was announced. Calgary, Alberta-based Nexen said in a statement on Monday that the deal has closed and that its shareholders will receive $27.50 in cash for each Nexen share. … Months after Sandy, lower Manhattan's seaport a 'ghost town' of shuttered businesses
NEW YORK, N.Y. – The historic cobblestone streets and 19th-century mercantile buildings near the water’s edge in lower Manhattan are eerily deserted, a neighbourhood silenced by Superstorm Sandy.
Frostbite Forces Adventurer to Quit Antarctic Trek
Seasoned adventurer Sir Ranulph Fiennes has had to quit his attempt to be the first person to cross the South Pole on skis during the brutal Antarctic winter. 
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