Tuesday, February 5, 2013

seenewstoday.com : Top News updates

REFILE-Cricket-Broad takes hat-trick in England's warm-up win
(Clarifies his return from India in second para) Feb 5 (Reuters) – England’s Twenty20 captain Stuart Broad dispelled all doubts over his fitness with a hat-trick in a warm-up match against a New Zealand XI on Tuesday. The lanky all-rounder, who returned from the tour of India in December with a bruised heel, took three wickets in the last over of his spell to lead the tourists to a comprehensive 46-run win at the Cobham Oval at Whangarei. …


Bangladesh jails Islamic party leader to life
Bangladesh's largest Islamic party Jamaat-e-Islami leaders and activists participate in a demonstration in Dhaka, Bangladesh, Monday, Feb. 4, 2013. The party demanded for scrapping the International Crimes Tribunal in which top Jamaat leaders are facing trials on charges against humanity during the 1971 Independence of war crimes. (AP Photo/A.M. Ahad)DHAKA, Bangladesh (AP) -- A Bangladeshi tribunal sentenced a leader of the country's main Islamic party to life in jail Tuesday for his role during the independence war against Pakistan in 1971.


Barclays increases mis-selling provisions
A logo of Barclays bank is seen outside a branch in AltrinchamLONDON (Reuters) – Britain's Barclays said on Tuesday it had increased the provisions it needed to cover the mis-selling of interest rate hedging products (IRHP) and payment protection insurance (PPI) schemes. Barclays said following a pilot review, it would now i nclude a provision for IRHP of 850 million pounds ($1.3 billion), which is an increase of 400 million pounds. The provision for the PPI scheme will now reach 2.6 billion pounds, which is an increase of 600 million pounds. The two figures will be included in the group's full-year results on February 12. ($1 = 0. …


Dutch telecom KPN posts loss in fourth quarter loss, will issue ?4 billion in new shares
AMSTERDAM – Royal KPN NV, the largest telecommunications company in the Netherlands, says it will issue EUR4 billion ($5.4 billion) in new shares after posting a fourth quarter loss of EUR162 million.


Couple on fishing trip buys 2 winning lottery tickets, including $1M prize
LITTLE ROCK, Ark. – An Arkansas couple who set out for a day of fishing came home with quite the fish story: Two winning lottery tickets, including a $1-million prize.


Bangladesh Islamic party leader sentenced to life in jail for war crimes
DHAKA, Bangladesh – A Bangladeshi tribunal has sentenced a leader of the country’s main Islamic party to life in jail for his role during the independence war against Pakistan in 1971.


Toyota lifts annual profit forecast on soft yen, strong U.S. sales
Visitors look at Toyota Motor Corp's hybrid cars at the company's showroom in TokyoTOKYO (Reuters) – Toyota Motor Corp raised its annual net profit forecast by more than 10 percent to 860 billion yen ($9.3 billion) on stron g sales of the Camry sedan and other vehicles in its biggest market the United States, as well as the yen's drop. The world's biggest-selling carmaker posted a net profit of 99.9 billion yen for the three months to December 31, up 23.5 percent from a year ago when it struggled after natural disasters disrupted its supply chain. Its third-quarter profit figure was below the average estimate of 143. …


U.S. launches civil action against S&P over pre-crisis ratings
The Standard and Poor's building in New York(Reuters) – The U.S. government has launched a civil lawsuit against Standard & Poor's and parent The McGraw-Hill Companies Inc over mortgage bond ratings, the first federal enforcement action against a credit rating agenc y over alleged illegal behavior tied to the recent financial crisis. The government said in a court filing it was seeking civil money penalties from S&P and McGraw Hill. "Considerations regarding fees, market share, profits, and relationships with issuers improperly influenced S&P's rating criteria and models," the government said. Shares of McGraw-Hill plunged 13. …


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