Friday, February 15, 2013

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KEYreit board rejects Huntingdon Capital's partial bid
TORONTO (Reuters) – KEYreit , which owns small retail properties across Canada, on Friday rejected an unsolicited partial takeover bid from Huntingdon Capital Corp , saying the proposal was inadequate, coercive and highly opportunistic. “The partial offer fails to provide unitholders with an appropriate control premium for the units purchased, and provides no premium for units not purchased,” said Donald Biback, who heads the property owner’s board of trustees. Richmond, British Columbia-based Huntingdon, which already owns 5. …


Newspapers around the world run with Pistorius
Oscar Pistorius, centre, is led from the Boschkop police station east of Pretoria, en route to court, Friday Feb. 15, 2012. Oscar Pistorius arrived at a courthouse Friday, for his bail hearing in the murder case of his girlfriend as South Africans braced themselves for the latest development in a story that has stunned the country. The Paralympic superstar was earlier seen leaving a police station in a dark suit with a charcoal gray jacket coverin   g his head as he got into a police vehicle. Model Reeva Steenkamp was shot and killed at Pistorius' upmarket home in an eastern suburb of the South African capital in the predawn hours of Thursday. (AP Photo)LONDON (AP) -- Photographs of Oscar Pistorius, some with a gray hood covering his h ead and others with him running in the Olympic Stadium in London, were splashed across newspaper front pages around the world Friday.


Jays outfielder Melky Cabrera says he is co-operating with MLB authorities
DUNEDIN, Fla. – Jays outfielder Melky Cabrera says he is co-operating with Major League Baseball and federal authorities on an investigation into a now-closed Florida anti-aging centre linked to banned drugs.


Egypt's hard-line Islamists rally against protests
CAIRO (AP) -- Around 5,000 mostly hard-line Islamists are rallying in Egypt against a recent wave of anti-government protests that have killed around 70 people.


Iran bans pistachio exports to control price hike
TEHRAN, Iran (AP) -- Iran has ordered a six-month ban on pistachio exports to try to control the price of the nut, which doubled in the past month.


Kenya government sued for police brutality in 2007
NAIROBI, Kenya (AP) -- The Kenyan government is being sued for police brutality in the violence following the 2007 election.


Palestinian rally for hunger striker turns violent
JERUSALEM (AP) -- Palestinian protesters clashed with Israeli soldiers on Friday at a rally held in support of a prisoner observing an intermittent hunger strike to protest his incarceration.


Pistorius statement disputes he committed murder
Oscar Pistorius, centre, is led from the Boschkop police station east of Pretoria, en route to court, Friday Feb. 15, 2012. Oscar Pistorius arrived at a courthouse Friday, for his bail hearing in the murder case of his girlfriend as South Africans braced themselves for the latest development in a story that has stunned the country. The Paralympic superstar was earlier seen leaving a police station in a dark suit with a charcoal gray jacket c   overing his head as he got into a police vehicle. Model Reeva Steenkamp was shot and killed at Pistorius' upmarket home in an eastern suburb of the South African capital in the predawn hours of Thursday. (AP Photo)PRETORIA, South Africa (AP) -- A statement from the family of Oscar Pistorius and his management says they dispute the claim that he murdered his girlfriend "in the strongest terms."


Telus posts 23 percent jump in profit on wireless strength
A pedestrian is reflected in the window of a Telus store while using a mobile phone in OttawaTORONTO (Reuters) – Telus Corp , a major Canadian telecom company, posted a 23 percent rise in quarterly profit on Friday, helped by strong growth in it s wireless business. The Vancouver-based company said it had net income of C$291 milllion, or 89 Canadian cents a share, in the three months to the end of December, compared to C$237 million, or 76 cents a share, a year ago. Operating revenue rose 6 percent to C$2.85 billion. (Reporting by Alastair Sharp; Editing by Chizu Nomiyama)


Exclusive: North Korea tells China of preparations for fresh nuclear test: source
A passenger walks past a television report on North Korea's nuclear test at a railway station in SeoulBEIJING (Reuters) – North Korea has told its key ally, China, that it is prepared to stage one or even two more nuclear tests this year in an effort to force the United States into diplomatic talks with Pyongyang, said a source with direct knowledge of the message. Further tests could also be accompanied this year by another rocket launch, said the source who has direct access to the top levels of government in both Beijing and Pyongyang. …


After years of toil, book names Bosnian war dead
Tokaca poses with one of the four hardback volumes of The Bosnian Book of the Dead in his library in SarajevoSARAJEVO/BELGRADE (Reuters) – Mirsad Tokaca calls it the "crowning achievement" of 10 years of painstaking research – thousands of grey pages bearing the names of 95,940 victims of the Bosnian war, where they died and when. Published last month, war crimes researchers say The Bosnian Book of the Dead represents the most comprehensive statistical analysis yet of the bloodshed in Bosnia after federal Yugoslavia fell apart at the close of the 20th century. …


Kim Kardashian makes another effort to end marriage to basketball player
LOS ANGELES, Calif. – Kim Kardashian’s divorce case returns to court on Friday with an attorney for the reality star urging a speedy end to her marriage to National Basketball Association player Kris Humphries.


Egypt seizes 2 tons of explosives headed to Sinai
EL-ARISH, Egypt (AP) -- Egyptian security officials say they have seized two tons of explosives headed to the Sinai Peninsula from Cairo.


Exclusive: Turkey to Iran gold trade wiped out by new U.S. sanction
Turkey's Halkbank headquarters in AnkaraISTANBUL (Reuters) – Tighter U.S. sanctions are killing off Turkey's gold-for-gas trade with Iran and have stopped state-owned lender Halkbank from processing other nations' energy payments to the OPEC oil pr oducer, bankers said on Friday. U.S. officials have sought to prevent Turkish gold exports, which indirectly pay Iran for its natural gas, from providing a financial lifeline to Tehran, largely frozen out of the global banking system by Western sanctions over its nuclear program. …


Enbridge profit falls on asset-related charge
The Enbridge Tower is pictured on Jasper Avenue in Edmonton(Reuters) – Enbridge Inc , Canada's second largest pipeline company, reported an 8 percent fall in quarterly profit as it was hurt by a C$105 million after-tax charge related to certain off-shore assets. The company's earnings attributable to com mon shareholders fell to C$146 million, or 18 Canadian cents per share, in the fourth quarter, from C$159 million, or 21 Canadian cents per share, a year earlier. Revenue fell 2 percent to C$7.17 billion. (Reporting by Shounak Dasgupta in Bangalore; Editing by Roshni Menon)


Mugabe sets March 16 for vote on Zimbabwe constitution
Zimbabwean President Robert Mugabe gestures as he addresses mourners gathered for the burial of Vice-President John Nkomo at National Heroes Acre in HarareHARARE (Reuters) – Zimbabwe's President Robert Mugab e has set March 16 as the date for a referendum on a proposed new constitution, a crucial step towards a general election late in the year to end a four-year coalition government. Adoption of a new constitution seems almost certain since both Mugabe's and rival Morgan Tsvangirai's parties have backed it. Once enacted, it will pave way for presidential and parliamentary elections that Tsvangirai said this week were expected in July. …


De Beers sees glimmer of hope for hard-pressed diamond market
To match Insight RICH/ALTERNATIVES(Reuters) – A more positive outlook in China and India will help boost diamond sales this year, says De Beers, the world's biggest diamond producer, in a further sign the world economy is on a slow path to recovery. De Beers forecast moderate growth in jewelry demand in 2013, in a turnaround from a 12 percent decline in rough diamond prices last year, which it said was also in line with polished diamond prices. …


Peugeot unions agree early exit from French car plant
A company logo is seen on a Peugeot car parked in ParisPARIS (Reuters) – PSA Peugeot Citroen unions agreed to the start of worker transfers from the French carmaker's Aulnay plant, due to close next year, effectively beginning the wind-down of the site ahead of schedule. The Peugeot works council approved the transfers at a meeting on Friday, a company spokesman said. "There is a consensus on these measures between management and the majority of unions. …


Insurgency threatens food crisis in Central African Republic: WFP
South African and Central African soldiers patrol a street in BanguiGENEVA (Reuters) – Insecurity in Central African Republic threatens a severe food crisis this year, the U.N. World Food Programme said on Friday, citing a doubling of prices for staples such as corn after a month-long insurgency. Some 800,000 people live in the central third of CAR, an area still held by the Seleka rebel coalition. Widespread looting had reduced household production as well as stocks of food, seed and animals, and insecurity was preventing farmers from going about their work, it said. Food in CAR comes mainly from subsistence farming and market gardening. …


Vodafone adds to Spain corporate job cull with 620 dismissals
A woman walks past the logo of Vodafone company in LuxembourgMADRID (Reuters) – Mobile phone operator Vodafone said it had reached agreement with labor unions to lay off 620 workers at its recession-hit Spanish unit, adding to a list of job cuts in Spain's hard-hit economy. Many companies in Spain, where the unemployment rate already stands at 26 percent, are laying off staff to cut costs. The ruling centre-right government, in the midst an austerity drive to slash its deficit, has introduced measures to make hiring and firing easier. …


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