Mexico: gas leak caused state oil company blast
MEXICO CITY (AP) -- A gas buildup ignited by an electrical spark or other heat source caused the blast that killed 37 people and wounded dozens of others last week at the state oil company's headquarters, Mexico's attorney general said.
Strike over war crimes trial hits Bangladesh
DHAKA, Bangladesh (AP) -- The verdict against a top leader of Bangladesh’s largest Islamic party was being read Tuesday as the group enforced a general strike to protest his prosecution and others on charges of crimes against humanity during the nation’s 1971 independence war.
UBS swings to Q4, full-year net loss after Libor fine, revamp
ZURICH (Reuters) – UBS said it swung to a big fourth-quarter and full-year net loss due to a $1.5 billion fine for rigging benchmark interest rates and charges from a restructuring plan to shed 10,000 staff. Switzerland's largest bank said it will still pay shareholders 0.15 Swiss francs ($0.17) for 2012, following a symbolic, 0.10 francs per share for 2011, its first post-crisis dividend. UBS's 1.89 billion franc net loss for the fourth quarter compares with a 2.078 billion franc net loss forecasts by analysts in a Reuters poll. ($1 = 0.9086 Swiss francs) (Reporting By Katharina Bart)
Iran arrests official implicated in prison deaths
TEHRAN, Iran (AP) -- Iran has arrested a senior government official, two years after a parliamentary probe found him responsible for deaths by torture of at least three jailed anti-government protesters.
Former Iran prosecutor Mortazavi arrested: statement
DUBAI (Reuters) – A former Iranian prosecutor at the center of a growing confrontation between two of Iran’s most powerful figures has been arrested, according to a statement posted Tuesday on the Tehran prosecutor’s website. No reason was given for the arrest, but the timing suggested it might be linked to the role of the former judicial official, Saeed Mortazavi, in a dispute between President Mahmoud Ahmadinejad and Parliament Speaker Ali Larijani. “The Tehran prosecutor announced Monday night that Saeed Mortazavi has been arrested,” read the one-line statement. …
S&P says it expects to be sued by Justice Department over its ratings of mortgage-backed bonds
WASHINGTON – The U.S. government is expected to file civil charges against Standard & Poor’s Ratings Services, alleging that it improperly gave high ratings to mortgage debt that later plunged in value and helped fuel the 2008 financial crisis.
Chris Tanev scores in OT as Vancouver Canucks rally past Edmonton Oilers 3-2
EDMONTON – Chris Tanev scored with 19.3 seconds remaining in overtime as the Vancouver Canucks won a season-high third game in a row, coming from behind to defeat the Edmonton Oilers 3-2 on Monday.
Monday, February 4, 2013
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Iranian prosecutor in torture death case of Canadian Zahra Kazemi jailed
TEHRAN, Iran – The former Iranian prosecutor who sent Canadian Zahra Kazemi to a notorious Tehran prison where she was tortured to death is now in prison himself.
Fearing hostage was in danger, FBI stormed Alabama bunker; boy rescued, abductor dead
MIDLAND CITY, Ala. – Officers stormed an underground bunker in Alabama where a 5-year-old boy had been held hostage for nearly a week, rescuing the child and leaving the boy’s abductor dead, officials said Monday.
Official: Gas leak caused Mexico oil company blast
MEXICO CITY (AP) -- A gas buildup under a building in the headquarters of Mexico's state oil company caused a blast that killed 37 people and wounded dozens, the attorney-general said Monday, ending days of near-total silence by authorities about the petroleum giant's worst disaster in more than a decade.
Two killed in Ecuador pro-government rally: President Correa
QUITO (Reuters) – Ecuador's President Rafael Correa on Monday evening said two government supporters were killed and several suffered stab wounds during a campaign rally almost two weeks before a presidential election that the leftist leader is expected to win comfortably. "Crazy person stabs seven AP people while they were waiting for the President. Two have been killed," Correa said in his Twitter account, referring to supporters of the ruling Alianza Pais political movement, AP. The incident occurred ahead of a campaign rally in Quininde, a town in the western Esmeraldas province. …
Rugby-Australia skipper Horwill set for return from injury
SYDNEY, Feb 5 (Reuters) – Australia captain James Horwill will return to action after eight months on the sidelines with a torn hamstring during a Queensland Reds pre-season match against the Waikato Chiefs on Friday. The inspirational lock missed all of the last international season after being injured in a Super Rugby match in May last year and his return will be a major boost for the Wallabies ahead of the arrival of the British and Irish Lions in June. …
Man accused in Vancouver stabbings is confused, depressed: lawyer
VANCOUVER – The lawyer of a man facing 12 charges following a mass stabbing at a Vancouver apartment building says his client is despondent and depressed.
TEHRAN, Iran – The former Iranian prosecutor who sent Canadian Zahra Kazemi to a notorious Tehran prison where she was tortured to death is now in prison himself.
Fearing hostage was in danger, FBI stormed Alabama bunker; boy rescued, abductor dead
MIDLAND CITY, Ala. – Officers stormed an underground bunker in Alabama where a 5-year-old boy had been held hostage for nearly a week, rescuing the child and leaving the boy’s abductor dead, officials said Monday.
Official: Gas leak caused Mexico oil company blast
MEXICO CITY (AP) -- A gas buildup under a building in the headquarters of Mexico's state oil company caused a blast that killed 37 people and wounded dozens, the attorney-general said Monday, ending days of near-total silence by authorities about the petroleum giant's worst disaster in more than a decade.
Two killed in Ecuador pro-government rally: President Correa
QUITO (Reuters) – Ecuador's President Rafael Correa on Monday evening said two government supporters were killed and several suffered stab wounds during a campaign rally almost two weeks before a presidential election that the leftist leader is expected to win comfortably. "Crazy person stabs seven AP people while they were waiting for the President. Two have been killed," Correa said in his Twitter account, referring to supporters of the ruling Alianza Pais political movement, AP. The incident occurred ahead of a campaign rally in Quininde, a town in the western Esmeraldas province. …
Rugby-Australia skipper Horwill set for return from injury
SYDNEY, Feb 5 (Reuters) – Australia captain James Horwill will return to action after eight months on the sidelines with a torn hamstring during a Queensland Reds pre-season match against the Waikato Chiefs on Friday. The inspirational lock missed all of the last international season after being injured in a Super Rugby match in May last year and his return will be a major boost for the Wallabies ahead of the arrival of the British and Irish Lions in June. …
Man accused in Vancouver stabbings is confused, depressed: lawyer
VANCOUVER – The lawyer of a man facing 12 charges following a mass stabbing at a Vancouver apartment building says his client is despondent and depressed.
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Official: Gas buildup, spark caused blast that killed 37 at Mexico state oil company
MEXICO CITY – A buildup of gas in the basement of the headquarters of the national oil company caused a blast that killed 37 people and wounded dozens earlier this week, Mexico’s attorney-general said Sunday.
SKorea envoy says NKorea nuke test seems imminent
UNITED NATIONS (AP) -- South Korea's U.N. ambassador said Monday a North Korean nuclear test "seems to be imminent."
Mexico says Pemex blast caused by gas build-up, not explosives
MEXICO CITY (Reuters) – A deadly blast that killed at least 37 people at Mexican state oil monopoly Pemex's headquarters in Mexico City was caused by a build-up of gas, the government said on Monday. Attorney General Jesus Murillo said no trace of explosives was found at the site of the explosion, the latest in a string of safety lapses to hit the oil monopoly. New President Enrique Pena Nieto is seeking to push through a major overhaul of Pemex. …
Kerry warns of punishment for NKorea nuclear test
SEOUL, South Korea (AP) -- New U.S. Secretary of State John Kerry and his South Korean counterpart have agreed to make sure North Korea is punished if it carries out its threat to conduct a nuclear test. Amid signs that such a test is coming, South Korea's president also speculated that Pyongyang may detonate multiple atomic devices simultaneously.
Asian shares drop on euro zone worry, soft U.S. data
TOKYO (Reuters) – Asian shares slid on Tuesday as investors saw opportunities to cash in from recent strong rallies in the face of weak U.S. da ta and worries that a potential political shake-up could disrupt the eurozone's efforts to resolve its debt crisis. The MSCI's broadest index of Asia-Pacific shares outside Japan tumbled 0.8 percent, dragged lower by a steep 1.8 percent fall in Hong Kong shares . The euro took the brunt of renewed focus on the euro zone problems, having risen 2.3 percent so far this year against the U.S. dollar, up about 5.4 percent against sterling and 1. …
Asian star Karen Mok looks West with jazz album, action film directed by Keanu Reeves.
HONG KONG – After years of stardom in Asia, Hong Kong actress and singer Karen Mok hopes her first English album and an action film directed by Keanu Reeves translate into success in the West.
Mali Tuaregs seize two fleeing Islamist leaders
KIDAL, Mali/PARIS (Reuters) – Tuareg rebels in northern Mali said on Monday they had captured two senior Islamist insurgents fleeing Fre nch air strikes toward the Algerian border and France pressed ahead with its bombing campaign against al Qaeda's Saharan desert camps. Pro-autonomy Tuareg MNLA rebels said one of their patrols seized Mohamed Moussa Ag Mohamed, an Islamist leader who imposed harsh sharia (Islamic law) in the desert town of Timbuktu, and Oumeini Ould Baba Akhmed, thought to be responsible for the kidnapping of a French hostage by al Qaeda splinter group MUJWA. …
MEXICO CITY – A buildup of gas in the basement of the headquarters of the national oil company caused a blast that killed 37 people and wounded dozens earlier this week, Mexico’s attorney-general said Sunday.
SKorea envoy says NKorea nuke test seems imminent
UNITED NATIONS (AP) -- South Korea's U.N. ambassador said Monday a North Korean nuclear test "seems to be imminent."
Mexico says Pemex blast caused by gas build-up, not explosives
MEXICO CITY (Reuters) – A deadly blast that killed at least 37 people at Mexican state oil monopoly Pemex's headquarters in Mexico City was caused by a build-up of gas, the government said on Monday. Attorney General Jesus Murillo said no trace of explosives was found at the site of the explosion, the latest in a string of safety lapses to hit the oil monopoly. New President Enrique Pena Nieto is seeking to push through a major overhaul of Pemex. …
Kerry warns of punishment for NKorea nuclear test
SEOUL, South Korea (AP) -- New U.S. Secretary of State John Kerry and his South Korean counterpart have agreed to make sure North Korea is punished if it carries out its threat to conduct a nuclear test. Amid signs that such a test is coming, South Korea's president also speculated that Pyongyang may detonate multiple atomic devices simultaneously.
Asian shares drop on euro zone worry, soft U.S. data
TOKYO (Reuters) – Asian shares slid on Tuesday as investors saw opportunities to cash in from recent strong rallies in the face of weak U.S. da ta and worries that a potential political shake-up could disrupt the eurozone's efforts to resolve its debt crisis. The MSCI's broadest index of Asia-Pacific shares outside Japan tumbled 0.8 percent, dragged lower by a steep 1.8 percent fall in Hong Kong shares . The euro took the brunt of renewed focus on the euro zone problems, having risen 2.3 percent so far this year against the U.S. dollar, up about 5.4 percent against sterling and 1. …
Asian star Karen Mok looks West with jazz album, action film directed by Keanu Reeves.
HONG KONG – After years of stardom in Asia, Hong Kong actress and singer Karen Mok hopes her first English album and an action film directed by Keanu Reeves translate into success in the West.
Mali Tuaregs seize two fleeing Islamist leaders
KIDAL, Mali/PARIS (Reuters) – Tuareg rebels in northern Mali said on Monday they had captured two senior Islamist insurgents fleeing Fre nch air strikes toward the Algerian border and France pressed ahead with its bombing campaign against al Qaeda's Saharan desert camps. Pro-autonomy Tuareg MNLA rebels said one of their patrols seized Mohamed Moussa Ag Mohamed, an Islamist leader who imposed harsh sharia (Islamic law) in the desert town of Timbuktu, and Oumeini Ould Baba Akhmed, thought to be responsible for the kidnapping of a French hostage by al Qaeda splinter group MUJWA. …
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After 500 years, Richard III's bones yield their secret
LEICESTER, England (Reuters) – A skeleton with a cleaved skull and a curved spine dug up from under a car park is that of Richard III, archaeologists said on Monday, solving a 500-year-old mystery about the final resting place of the last Engli sh king to die in battle. …
US pours doubt on Iranian monkey's space trip, Ahmadinejad's talk of becoming astronaut
WASHINGTON – The United States expressed doubt on Monday about Iran’s claim that it safely returned a monkey from space, saying it is questionable that the monkey survived -- or if the flight happened at all.
Moose moves: Saskatchewan university to track antlered beasts crossing highways
SASKATOON – A research project at the University of Saskatchewan will try to determine why moose feel moved to cross rural highways.
LEICESTER, England (Reuters) – A skeleton with a cleaved skull and a curved spine dug up from under a car park is that of Richard III, archaeologists said on Monday, solving a 500-year-old mystery about the final resting place of the last Engli sh king to die in battle. …
US pours doubt on Iranian monkey's space trip, Ahmadinejad's talk of becoming astronaut
WASHINGTON – The United States expressed doubt on Monday about Iran’s claim that it safely returned a monkey from space, saying it is questionable that the monkey survived -- or if the flight happened at all.
Moose moves: Saskatchewan university to track antlered beasts crossing highways
SASKATOON – A research project at the University of Saskatchewan will try to determine why moose feel moved to cross rural highways.
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Germany check bust stirs questions in Venezuela
CARACAS, Venezuela (AP) -- Venezuela’s opposition is calling for the government to explain how a former Iranian official ended up with a check in Venezuelan currency worth about $70 million.
Alberta may offer more to smooth way for Keystone: envoy
CALGARY, Alberta (Reuters) – Alberta could offer up new environmental initiatives for oil sands development to show the Obama administration that approving a $5.3 billion pipeline to U.S. Gulf Coast refineries will not increase pollution, the Canadian province’s new envoy in Washington said on Monday. Alberta, anxious to tap new markets in the United States for its growing volumes of oil, has already boosted monitoring of the impacts of tar sands projects on northern waterways. …
UK economy faces long grind, no new recession - thinktank
LONDON (Reuters) – The British economy is set for slower growth in 2013 and next year than thought only three months ago but it will probably skirt a triple-dip recession, a leading economic think-tank said on Tuesday. The economy will grow by 0.7 percent in 2013 as it grinds through the slowest recovery from recession in the past 100 years, the National Institute of Economic and Social Research (NIESR) estimated in a quarterly report. That was lower than its previous forecast, made in November, for growth of 1.1 percent this year. …
World's first Nobu Hotel opens at Caesars Palace on the Las Vegas Strip
LAS VEGAS, Nev. – A Japanese celebrity chef with restaurants in Beverly Hills, New York and London added “hotelier” to his title Monday with launch of the world’s first Nobu Hotel Restaurant and Lounge.
New Antarctica Research Station Sets Up Shop
A new British research station in Antarctica is officially up and running, the British Antarctic Survey announced today (Feb. 4).
Britain's PM Cameron faces gay marriage revolt as plots swirl
LONDON (Reuters) – British Prime Minister David Cameron is expected to see off a rebellion within his ruling Conserva tive party on Tuesday over his government's plans to legalize gay marriage, thanks to support from political rivals. But though parliament is likely to vote to give the draft law its initial approval, more than 100 of Cameron's 303 Conservative lawmakers are expected to vote against it on what they say are moral grounds. …
British watchdog cool on plans to outsource defence procurement
LONDON (Reuters) – The British parliament’s defence watchdog on Tuesday poured cold water on plans that would allow firms to bid to manage multi-billion dollar government defence equipment contracts. Stung by years of accusations of mismanagement, cost inflation and delays, the Ministry of Defence (MoD) is said to be close to outsourcing responsibility for the purchase and maintenance of defence equipment to a private company. …
People of Timbuktu save manuscripts from invaders
TIMBUKTU, Mali (AP) -- For eight days after the Islamists set fire to one of the world's most precious collections of ancient manuscripts, the alarm inside the building blared. It was an eerie, repetitive beeping, a cry from the innards of the injured library that echoed around the world.
Exclusive: Foreigners' accounts in U.S. banks eyed in tax crackdown
WASHINGTON (Reuters) – The Obama administration may soon ask Congress for the power to require more disclosure by U.S. banks of information about foreign clients’ accounts to those clients’ home governments, as part of a crackdown on tax evasion, sources said on Monday. In a move facing resistance from some in the U.S. banking industry, two tax industry sources said the administration was considering asking Congress in an upcoming White House budget proposal for the authority to require more disclosure from U.S. banks. …
U.S., allies ready more anti-mine drills as Iran tensions simmer
WASHINGTON (Reuters) – The U.S. military announced on Monday an anti-mine exercise in “the Middle East’s international waterways” in May with more than 20 nations participating, the latest show of global will to keep waterways open as tensions with Iran simmer. The drill was characterized as defensive and a follow-up to the IMCMEX 12 exercise held last September, focused on keeping oil shipping lanes open by clearing mines that potentially Iran, or even guerrilla groups, might deploy to disrupt tanker traffic. …
Merkel challenger suggests Greece should be given more time
LOND ON (Reuters) – German Chancellor Angela Merkel's main challenger in this year's federal election said on Monday that recession-struck Greece should be given more time to implement its reforms even though this would cost more money. Peer Steinbrueck, a former finance minister, said it was necessary for crisis-stricken states to get their budgets in order and consolidate sovereign debt. But Merkel's center-right government was too focused on consolidation, he said. …
CARACAS, Venezuela (AP) -- Venezuela’s opposition is calling for the government to explain how a former Iranian official ended up with a check in Venezuelan currency worth about $70 million.
Alberta may offer more to smooth way for Keystone: envoy
CALGARY, Alberta (Reuters) – Alberta could offer up new environmental initiatives for oil sands development to show the Obama administration that approving a $5.3 billion pipeline to U.S. Gulf Coast refineries will not increase pollution, the Canadian province’s new envoy in Washington said on Monday. Alberta, anxious to tap new markets in the United States for its growing volumes of oil, has already boosted monitoring of the impacts of tar sands projects on northern waterways. …
UK economy faces long grind, no new recession - thinktank
LONDON (Reuters) – The British economy is set for slower growth in 2013 and next year than thought only three months ago but it will probably skirt a triple-dip recession, a leading economic think-tank said on Tuesday. The economy will grow by 0.7 percent in 2013 as it grinds through the slowest recovery from recession in the past 100 years, the National Institute of Economic and Social Research (NIESR) estimated in a quarterly report. That was lower than its previous forecast, made in November, for growth of 1.1 percent this year. …
World's first Nobu Hotel opens at Caesars Palace on the Las Vegas Strip
LAS VEGAS, Nev. – A Japanese celebrity chef with restaurants in Beverly Hills, New York and London added “hotelier” to his title Monday with launch of the world’s first Nobu Hotel Restaurant and Lounge.
New Antarctica Research Station Sets Up Shop
A new British research station in Antarctica is officially up and running, the British Antarctic Survey announced today (Feb. 4).
Britain's PM Cameron faces gay marriage revolt as plots swirl
LONDON (Reuters) – British Prime Minister David Cameron is expected to see off a rebellion within his ruling Conserva tive party on Tuesday over his government's plans to legalize gay marriage, thanks to support from political rivals. But though parliament is likely to vote to give the draft law its initial approval, more than 100 of Cameron's 303 Conservative lawmakers are expected to vote against it on what they say are moral grounds. …
British watchdog cool on plans to outsource defence procurement
LONDON (Reuters) – The British parliament’s defence watchdog on Tuesday poured cold water on plans that would allow firms to bid to manage multi-billion dollar government defence equipment contracts. Stung by years of accusations of mismanagement, cost inflation and delays, the Ministry of Defence (MoD) is said to be close to outsourcing responsibility for the purchase and maintenance of defence equipment to a private company. …
People of Timbuktu save manuscripts from invaders
TIMBUKTU, Mali (AP) -- For eight days after the Islamists set fire to one of the world's most precious collections of ancient manuscripts, the alarm inside the building blared. It was an eerie, repetitive beeping, a cry from the innards of the injured library that echoed around the world.
Exclusive: Foreigners' accounts in U.S. banks eyed in tax crackdown
WASHINGTON (Reuters) – The Obama administration may soon ask Congress for the power to require more disclosure by U.S. banks of information about foreign clients’ accounts to those clients’ home governments, as part of a crackdown on tax evasion, sources said on Monday. In a move facing resistance from some in the U.S. banking industry, two tax industry sources said the administration was considering asking Congress in an upcoming White House budget proposal for the authority to require more disclosure from U.S. banks. …
U.S., allies ready more anti-mine drills as Iran tensions simmer
WASHINGTON (Reuters) – The U.S. military announced on Monday an anti-mine exercise in “the Middle East’s international waterways” in May with more than 20 nations participating, the latest show of global will to keep waterways open as tensions with Iran simmer. The drill was characterized as defensive and a follow-up to the IMCMEX 12 exercise held last September, focused on keeping oil shipping lanes open by clearing mines that potentially Iran, or even guerrilla groups, might deploy to disrupt tanker traffic. …
Merkel challenger suggests Greece should be given more time
LOND ON (Reuters) – German Chancellor Angela Merkel's main challenger in this year's federal election said on Monday that recession-struck Greece should be given more time to implement its reforms even though this would cost more money. Peer Steinbrueck, a former finance minister, said it was necessary for crisis-stricken states to get their budgets in order and consolidate sovereign debt. But Merkel's center-right government was too focused on consolidation, he said. …
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TED conference on technology, entertainment, moves from California to B.C.
VANCOUVER – An annual conference that features innovative ideas and inspiring speeches is moving from California to Vancouver.
Different paths brought Duhamel, Radford to the Canadian pairs podium
Eric Radford remembers going to the video store as a kid in tiny Balmertown, the farthest north one can travel by road in Ontario. A group of kids stood smoking outside and Radford had to push his way through them as they taunted and teased him.
NFL Commissioner Roger Goodell: Outage at Superdome won't affect New Orleans as future host
NEW ORLEANS – The blackout at the Superdome will not stop the Super Bowl from returning to New Orleans.
State claims a wild card in BP civil deal on Macondo oil spill
(Reuters) – It is a question that has lawyers and many others on the U.S. Gulf coast buzzing: Will BP strike a massive deal to settle the remaining claims over the Gulf of Mexico well blowout? BP could be neari ng a settlement of federal claims with the U.S. Department of Justice, but people tracking the case closely say the company and coastal states, especially Louisiana, might still be far apart. So unless the talks with the states quicken or the judge delays the process in the hope a far-reaching deal will happen, the civil trial of the year will get under way on February 25 in New Orleans. …
Analysis: Commodity hedge funds find money more scarce, pedigree pays
NEW YORK (Reuters) – Pierre Andurand, who managed $2 billion at his BlueGold oil hedge fund before it folded last year under heavy losses, is headlining a host of one-time commodity stars looking to make a comeback in a less merciful market. Andurand began trading on Friday at a new $200 million hedge fund that he plans to expand to $500 million by the end of the first quarter and $1 billion eventually. But the 36-year-old Frenchman who tripled his investors’ money in his first year at BlueGold will have to face more wary investors this time. …
Peru seeks to protect little fish with big impact
CALLAO, Peru (AP) -- The ocean off Peru boasts the world's richest fishing grounds, but Taurino Querevalu is returning to port empty again after a hunt for Peruvian anchovy, cursing his empty nets and an increasingly stingy sea.
Passenger describes terrifying ride on runaway bus before California mountain crash
YUCAIPA, Calif. – A runaway bus careened down a mountain road without brakes and the driver called out to passengers to phone 911 before a violent crash with two other vehicles that killed eight people and injured dozens of others, a surviving passenger said Monday.
Alaska House passes bill that would change regulation of cruise ship wastewater
JUNEAU, Alaska – The Alaska House has passed legislation that critics say would roll-back requirements that cruise ships meet state water quality standards when dumping wastewater.
Canada begins phasing out its penny
TORONTO (AP) -- Canada started phasing out its penny, the nuisance coins that clutter dressers and cost more than their one-cent value to produce.
VANCOUVER – An annual conference that features innovative ideas and inspiring speeches is moving from California to Vancouver.
Different paths brought Duhamel, Radford to the Canadian pairs podium
Eric Radford remembers going to the video store as a kid in tiny Balmertown, the farthest north one can travel by road in Ontario. A group of kids stood smoking outside and Radford had to push his way through them as they taunted and teased him.
NFL Commissioner Roger Goodell: Outage at Superdome won't affect New Orleans as future host
NEW ORLEANS – The blackout at the Superdome will not stop the Super Bowl from returning to New Orleans.
State claims a wild card in BP civil deal on Macondo oil spill
(Reuters) – It is a question that has lawyers and many others on the U.S. Gulf coast buzzing: Will BP strike a massive deal to settle the remaining claims over the Gulf of Mexico well blowout? BP could be neari ng a settlement of federal claims with the U.S. Department of Justice, but people tracking the case closely say the company and coastal states, especially Louisiana, might still be far apart. So unless the talks with the states quicken or the judge delays the process in the hope a far-reaching deal will happen, the civil trial of the year will get under way on February 25 in New Orleans. …
Analysis: Commodity hedge funds find money more scarce, pedigree pays
NEW YORK (Reuters) – Pierre Andurand, who managed $2 billion at his BlueGold oil hedge fund before it folded last year under heavy losses, is headlining a host of one-time commodity stars looking to make a comeback in a less merciful market. Andurand began trading on Friday at a new $200 million hedge fund that he plans to expand to $500 million by the end of the first quarter and $1 billion eventually. But the 36-year-old Frenchman who tripled his investors’ money in his first year at BlueGold will have to face more wary investors this time. …
Peru seeks to protect little fish with big impact
CALLAO, Peru (AP) -- The ocean off Peru boasts the world's richest fishing grounds, but Taurino Querevalu is returning to port empty again after a hunt for Peruvian anchovy, cursing his empty nets and an increasingly stingy sea.
Passenger describes terrifying ride on runaway bus before California mountain crash
YUCAIPA, Calif. – A runaway bus careened down a mountain road without brakes and the driver called out to passengers to phone 911 before a violent crash with two other vehicles that killed eight people and injured dozens of others, a surviving passenger said Monday.
Alaska House passes bill that would change regulation of cruise ship wastewater
JUNEAU, Alaska – The Alaska House has passed legislation that critics say would roll-back requirements that cruise ships meet state water quality standards when dumping wastewater.
Canada begins phasing out its penny
TORONTO (AP) -- Canada started phasing out its penny, the nuisance coins that clutter dressers and cost more than their one-cent value to produce.
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Mining firm rejects union claims Canadians were qualified for B.C. coal project
VANCOUVER – A company criticized for hiring temporary foreign workers for a northern B.C. coal mine is dismissing allegations that it rejected the resumes of several Canadian applicants who were qualified to do the job.
Iran's president wishes to visit Gaza
BEIRUT (Reuters) – Iran’s President Mahmoud Ahmadinejad, who is due to take part in a summit in Egypt this week, expressed his desire on Monday to visit the neighboring Gaza Strip. Asked in an interview on the Al Mayadeen news channel whether he would visit Gaza while in Cairo next week or before his term as president expires in June, he replied: “My wish is bigger than this. I wish to pray in Jerusalem after complete liberation.” Iran does not recognize Israel. “If they allow it, I would go to Gaza to visit the people,” he said, without saying whose authority he would seek. …
Judge orders mental exam for Cole bombing suspect
FORT MEADE, Md. (AP) -- A military judge at Guantanamo Bay refused Monday to suspend a pretrial hearing for the prisoner accused of orchestrating the attack on the USS Cole, ruling that defense lawyers had offered no evidence su pporting their suspicion that the CIA can eavesdrop on their private conversations with their client.
Analysis - Global business groups oppose UK class-action proposal
NEW YORK (Reuters) – A groundbreaking proposal in Britain making it easier to bring antitrust class actions has business groups worldwide fearful that London will become a centre for litigation abuses. Last week, Britain’s government proposed a system of “collective actions” that would allow individuals and businesses be part of a class of plaintiffs even if they do not participate in the lawsuit. The proposal, which has yet to be drafted into legislation, would make it easier for individuals and small businesses to recoup damages from price-fixing cases. …
Police: Announcement imminent on 5-year-old Alabama hostage
MIDLAND CITY, Ala. – Authorities say they will be making a major announcement in the case of a 5-year-old who is being held hostage in an underground bunker in Alabama.
Ottawa updates advice on smog in China, adds link to air quality website
OTTAWA – The Department of Foreign Affairs has updated its travel advice for China, providing a link to a website -- www.aqicn.info -- that monitors air quality in several cities in that country.
Yum warns on 2013 as chicken scare hurts KFC
(Reuters) – KFC parent Yum Brands Inc on Monday warned that it expects 2013 per-share earnings to shrink rather than grow, as it grapples with a food safety scare that ensnared some of its chicken suppliers in its top market. The compan y, which gets more than half of its overall sales and operating profit from China, reported a 6 percent drop in fourth-quarter sales at established restaurants in China due to "adverse publicity" regarding its poultry supply. As a result, Yum forecast a "mid-single digit" percentage decline in earnings per share for 2013. …
NASA's Super-TIGER Balloon Breaks Records While Collecting Data
WASHINGTON, Feb. 4, 2013 /PRNewswire-USNewswire/ – A large NASA science balloon has broken two flight duration records while flying over Antarctica carrying an instrument that detected 50 million cosmic rays.(Logo: http://photos.prnewswire.com/prnh/20081007/38461LOGO)The Super Trans-Iron Galactic Element Recorder (Super-TIGER) balloon launched at 3:45 p.m. EST, Dec. 8 from the Long Duration Balloon site near McMurdo Station. …
Good Reads: Women in crime, democracy's era, digital mapping, a history in heels
War is ambiguous. Sometimes it's easy to tell the good guys from the bad guys. But more often, players fall somewhere in between, both committing crimes and being deeply affected by them. The drug war in Mexico is no different, no matter if the participants are men - or women.
Monkey business? US unsure of Iran's space claims
WASHINGTON (AP) -- The United States expressed doubt on Monday about Iran’s claim that it safely returned a monkey from space, saying it is questionable that the monkey survived -- or if the flight happened at all.
Ombudsman urges government to resolve home equity disputes for Canadian soldiers
OTTAWA – The Canadian Forces ombudsman says the Harper government has an opportunity right now to help military families who’ve suffered huge home equity losses.
Beating, torture fuel sense Egypt police unchanged
CAIRO (AP) -- The video outraged Egyptians, showing riot police strip and beat a middle-aged man and drag him across the pavement as they cracked down on protesters. The follow-up was even more startling: In his first comments afterward, the man insisted the police were just trying to help him.
Pa. AG Kane picks former federal prosecutor to lead inquiry into Sandusky probe
HARRISBURG, Pa. – Keeping a campaign promise, Pennsylvania’s new attorney general appointed a special deputy Monday to investigate Gov. Tom Corbett’s handling of the Penn State child sexual abuse case and why it took so long to bring charges against former assistant football coach Jerry Sandusky.
VANCOUVER – A company criticized for hiring temporary foreign workers for a northern B.C. coal mine is dismissing allegations that it rejected the resumes of several Canadian applicants who were qualified to do the job.
Iran's president wishes to visit Gaza
BEIRUT (Reuters) – Iran’s President Mahmoud Ahmadinejad, who is due to take part in a summit in Egypt this week, expressed his desire on Monday to visit the neighboring Gaza Strip. Asked in an interview on the Al Mayadeen news channel whether he would visit Gaza while in Cairo next week or before his term as president expires in June, he replied: “My wish is bigger than this. I wish to pray in Jerusalem after complete liberation.” Iran does not recognize Israel. “If they allow it, I would go to Gaza to visit the people,” he said, without saying whose authority he would seek. …
Judge orders mental exam for Cole bombing suspect
FORT MEADE, Md. (AP) -- A military judge at Guantanamo Bay refused Monday to suspend a pretrial hearing for the prisoner accused of orchestrating the attack on the USS Cole, ruling that defense lawyers had offered no evidence su pporting their suspicion that the CIA can eavesdrop on their private conversations with their client.
Analysis - Global business groups oppose UK class-action proposal
NEW YORK (Reuters) – A groundbreaking proposal in Britain making it easier to bring antitrust class actions has business groups worldwide fearful that London will become a centre for litigation abuses. Last week, Britain’s government proposed a system of “collective actions” that would allow individuals and businesses be part of a class of plaintiffs even if they do not participate in the lawsuit. The proposal, which has yet to be drafted into legislation, would make it easier for individuals and small businesses to recoup damages from price-fixing cases. …
Police: Announcement imminent on 5-year-old Alabama hostage
MIDLAND CITY, Ala. – Authorities say they will be making a major announcement in the case of a 5-year-old who is being held hostage in an underground bunker in Alabama.
Ottawa updates advice on smog in China, adds link to air quality website
OTTAWA – The Department of Foreign Affairs has updated its travel advice for China, providing a link to a website -- www.aqicn.info -- that monitors air quality in several cities in that country.
Yum warns on 2013 as chicken scare hurts KFC
(Reuters) – KFC parent Yum Brands Inc on Monday warned that it expects 2013 per-share earnings to shrink rather than grow, as it grapples with a food safety scare that ensnared some of its chicken suppliers in its top market. The compan y, which gets more than half of its overall sales and operating profit from China, reported a 6 percent drop in fourth-quarter sales at established restaurants in China due to "adverse publicity" regarding its poultry supply. As a result, Yum forecast a "mid-single digit" percentage decline in earnings per share for 2013. …
NASA's Super-TIGER Balloon Breaks Records While Collecting Data
WASHINGTON, Feb. 4, 2013 /PRNewswire-USNewswire/ – A large NASA science balloon has broken two flight duration records while flying over Antarctica carrying an instrument that detected 50 million cosmic rays.(Logo: http://photos.prnewswire.com/prnh/20081007/38461LOGO)The Super Trans-Iron Galactic Element Recorder (Super-TIGER) balloon launched at 3:45 p.m. EST, Dec. 8 from the Long Duration Balloon site near McMurdo Station. …
Good Reads: Women in crime, democracy's era, digital mapping, a history in heels
War is ambiguous. Sometimes it's easy to tell the good guys from the bad guys. But more often, players fall somewhere in between, both committing crimes and being deeply affected by them. The drug war in Mexico is no different, no matter if the participants are men - or women.
Monkey business? US unsure of Iran's space claims
WASHINGTON (AP) -- The United States expressed doubt on Monday about Iran’s claim that it safely returned a monkey from space, saying it is questionable that the monkey survived -- or if the flight happened at all.
Ombudsman urges government to resolve home equity disputes for Canadian soldiers
OTTAWA – The Canadian Forces ombudsman says the Harper government has an opportunity right now to help military families who’ve suffered huge home equity losses.
Beating, torture fuel sense Egypt police unchanged
CAIRO (AP) -- The video outraged Egyptians, showing riot police strip and beat a middle-aged man and drag him across the pavement as they cracked down on protesters. The follow-up was even more startling: In his first comments afterward, the man insisted the police were just trying to help him.
Pa. AG Kane picks former federal prosecutor to lead inquiry into Sandusky probe
HARRISBURG, Pa. – Keeping a campaign promise, Pennsylvania’s new attorney general appointed a special deputy Monday to investigate Gov. Tom Corbett’s handling of the Penn State child sexual abuse case and why it took so long to bring charges against former assistant football coach Jerry Sandusky.
seenewstoday.com : Top News updates
Egypt: Iran's Ahmadinejad to visit Cairo this week
CAIRO (AP) -- Egypt’s foreign minister says Iran’s President Mahmoud Ahmadinejad will visit Cairo this week, marking the first visit to Egypt by an Iranian leader in decades.
Colombia's ELN captures two it believes to be German citizens
BOGOTA (Reuters) – Colombian ELN rebels said on Monday they have captured two men believed to be from Germany, the second time within a month the armed group has seized foreigners. The National Liberation Army, Colombia’s second biggest guerrilla group, said in a statement the two were seized in Catatumbo, near the border with Venezuela. The ELN said it considered them “for now” to be intelligence agents because they could not explain why they were in the area, the statement said. (Reporting by Helen Murphy; Editing by Sandra Maler)
Three decades on, survivors of worst Pemex blast still want answers
SAN JUAN IXHUATEPEC, Mexico ( Reuters) – As Mexico waits for news of what caused a deadly blast at the headquarters of state oil giant Pemex last week, survivors of the worst explosion in the company's history three decades ago still wonder what exactly happened then and what became of their friends. On November 19, 1984, a liquid petroleum gas (LPG) plant blew up in this town on the northern edge of Mexico City, consuming hundreds of people in a firestorm so powerful the sky could be seen glowing red at the other end of the capital. …
Congressman: FBI helping Turkey investigate NYC woman's death in Istanbul while on vacation
NEW YORK, N.Y. – The FBI is playing a significant role in the investigation into the death of a New York City woman in Istanbul while on a solo vacation, a U.S. congressman said Monday.
Pakistan plans park where bin Laden was killed
PESHAWAR, Pakistan (AP) -- Pakistani officials say the government plans to build a recreation complex in the town where al-Qaida founder Osama bin Laden was killed by U.S. commandos in 2011.
Judge: no sign US eavesdropped on Cole suspect
FORT MEADE, Md. (AP) -- A judge at Guantanamo Bay refused Monday to suspend a pretrial hearing for the prisoner accused of orchestrating the attack on the USS Cole, ruling that defense lawyers had offered no evidence supporting their suspicion that the CIA can eavesdrop on their private conversations with their client.
Canada, EU won't finalize trade deal at talks this week: source
OTTAWA (Reuters) – Canada and the European Union will not be able to conclude a long-delayed free-trade deal at ministerial talks set for Ottawa this week, a source close to the negotiations told Reuters on Monday. Talks on an agreement started in 2009 and were supposed to have wrapped up by the end of 2011, a date that was later pushed back to the end of 2012. Industry sources say the two sides still have differences over areas such as agricultural exports, intellectual property and public procurement. …
In Canada, the phase out of the penny begins
TORONTO (AP) -- Canada has begun phasing-out its penny, whose production costs have come to exceed its monetary value.
Ahmadinejad urges support for Iraqi unity
BEIRUT (Reuters) – Iranian President Mahmoud Ahmadinejad urged regional countries on Monday to work for unity in Iraq, which has seen weeks of protests against Shi'ite Prime Minister Nuri al-Maliki, warning that any disturbance there would affect the whole Middle East. "If a fire breaks out it will burn everyone," Ahmadinejad, speaking through a translator, said in an interview with Al Mayadeen television. "I said with all honesty, those who are interfering will be subject to harm". A suicide bomber attacked a government-backed militia in Iraq on Monday, killing at least 22 people. …
COUNTDOWN TO SOCHI: Canada's freestyle skiers poised for breakout Olympics
CALGARY – Canada’s success at the 2014 Winter Olympics a year from now will be driven by skiers adept at the Randy, the Rudy, the Birani and the Daffy.
Bus company in deadly California crash failed 36 per cent of federal safety inspections
YUCAIPA, Calif. – A company linked to a tour bus involved in a crash in Southern California that killed at least eight people failed more than a third of federal vehicle safety inspections in the past two years, records obtained Monday show.
Baltimore to host parade for Super Bowl champion Ravens, celebration at M&T Bank Stadium
BALTIMORE – Baltimore is in party-planning mode a day after the Ravens’ Super Bowl victory.
Southwest Airlines doubles daily service at Grand Rapids following AirTran acquisition
GRAND RAPIDS, Mich. – Southwest Airlines plans to double its daily service to Grand Rapids after absorbing AirTran routes into its system.
Altered mug shots spur probe into Greek police beatings
ATHENS (Reuters) – A Greek prosecutor ordered an investigation on Monday into whether four suspected bank robbers wer e beaten in custody, after police published mug shots that were altered to make their injuries appear less severe. Rights groups and critics have long accused Greek police of detaining immigrants and other prisoners in shocking conditions. Photos published in the Greek media of the men, who were aged between 20 and 25 and arrested on Friday, showed them bruised and bleeding while being escorted by police. But mug shots released by the police over the weekend had injuries …
Winnipeg Jets know what they must do to stop the slide, now comes the execution
WINNIPEG – The Winnipeg Jets say they know what to do to stop their recent slide, now it’s a matter of doing it.
Can India sweep up its 'soot' pollution challenge?
Every winter, a heavy haze of pollution envelops many Asian cities.
CAIRO (AP) -- Egypt’s foreign minister says Iran’s President Mahmoud Ahmadinejad will visit Cairo this week, marking the first visit to Egypt by an Iranian leader in decades.
Colombia's ELN captures two it believes to be German citizens
BOGOTA (Reuters) – Colombian ELN rebels said on Monday they have captured two men believed to be from Germany, the second time within a month the armed group has seized foreigners. The National Liberation Army, Colombia’s second biggest guerrilla group, said in a statement the two were seized in Catatumbo, near the border with Venezuela. The ELN said it considered them “for now” to be intelligence agents because they could not explain why they were in the area, the statement said. (Reporting by Helen Murphy; Editing by Sandra Maler)
Three decades on, survivors of worst Pemex blast still want answers
SAN JUAN IXHUATEPEC, Mexico ( Reuters) – As Mexico waits for news of what caused a deadly blast at the headquarters of state oil giant Pemex last week, survivors of the worst explosion in the company's history three decades ago still wonder what exactly happened then and what became of their friends. On November 19, 1984, a liquid petroleum gas (LPG) plant blew up in this town on the northern edge of Mexico City, consuming hundreds of people in a firestorm so powerful the sky could be seen glowing red at the other end of the capital. …
Congressman: FBI helping Turkey investigate NYC woman's death in Istanbul while on vacation
NEW YORK, N.Y. – The FBI is playing a significant role in the investigation into the death of a New York City woman in Istanbul while on a solo vacation, a U.S. congressman said Monday.
Pakistan plans park where bin Laden was killed
PESHAWAR, Pakistan (AP) -- Pakistani officials say the government plans to build a recreation complex in the town where al-Qaida founder Osama bin Laden was killed by U.S. commandos in 2011.
Judge: no sign US eavesdropped on Cole suspect
FORT MEADE, Md. (AP) -- A judge at Guantanamo Bay refused Monday to suspend a pretrial hearing for the prisoner accused of orchestrating the attack on the USS Cole, ruling that defense lawyers had offered no evidence supporting their suspicion that the CIA can eavesdrop on their private conversations with their client.
Canada, EU won't finalize trade deal at talks this week: source
OTTAWA (Reuters) – Canada and the European Union will not be able to conclude a long-delayed free-trade deal at ministerial talks set for Ottawa this week, a source close to the negotiations told Reuters on Monday. Talks on an agreement started in 2009 and were supposed to have wrapped up by the end of 2011, a date that was later pushed back to the end of 2012. Industry sources say the two sides still have differences over areas such as agricultural exports, intellectual property and public procurement. …
In Canada, the phase out of the penny begins
TORONTO (AP) -- Canada has begun phasing-out its penny, whose production costs have come to exceed its monetary value.
Ahmadinejad urges support for Iraqi unity
BEIRUT (Reuters) – Iranian President Mahmoud Ahmadinejad urged regional countries on Monday to work for unity in Iraq, which has seen weeks of protests against Shi'ite Prime Minister Nuri al-Maliki, warning that any disturbance there would affect the whole Middle East. "If a fire breaks out it will burn everyone," Ahmadinejad, speaking through a translator, said in an interview with Al Mayadeen television. "I said with all honesty, those who are interfering will be subject to harm". A suicide bomber attacked a government-backed militia in Iraq on Monday, killing at least 22 people. …
COUNTDOWN TO SOCHI: Canada's freestyle skiers poised for breakout Olympics
CALGARY – Canada’s success at the 2014 Winter Olympics a year from now will be driven by skiers adept at the Randy, the Rudy, the Birani and the Daffy.
Bus company in deadly California crash failed 36 per cent of federal safety inspections
YUCAIPA, Calif. – A company linked to a tour bus involved in a crash in Southern California that killed at least eight people failed more than a third of federal vehicle safety inspections in the past two years, records obtained Monday show.
Baltimore to host parade for Super Bowl champion Ravens, celebration at M&T Bank Stadium
BALTIMORE – Baltimore is in party-planning mode a day after the Ravens’ Super Bowl victory.
Southwest Airlines doubles daily service at Grand Rapids following AirTran acquisition
GRAND RAPIDS, Mich. – Southwest Airlines plans to double its daily service to Grand Rapids after absorbing AirTran routes into its system.
Altered mug shots spur probe into Greek police beatings
ATHENS (Reuters) – A Greek prosecutor ordered an investigation on Monday into whether four suspected bank robbers wer e beaten in custody, after police published mug shots that were altered to make their injuries appear less severe. Rights groups and critics have long accused Greek police of detaining immigrants and other prisoners in shocking conditions. Photos published in the Greek media of the men, who were aged between 20 and 25 and arrested on Friday, showed them bruised and bleeding while being escorted by police. But mug shots released by the police over the weekend had injuries …
Winnipeg Jets know what they must do to stop the slide, now comes the execution
WINNIPEG – The Winnipeg Jets say they know what to do to stop their recent slide, now it’s a matter of doing it.
Can India sweep up its 'soot' pollution challenge?
Every winter, a heavy haze of pollution envelops many Asian cities.
seenewstoday.com : Top News updates
Objectors to $8.5 billion pact challenge BofA mortgage modifications
NEW YORK/CHARLOTTE, N.C (Reuters) – A group of mortgage-backed securities investors says Bank of America Corp failed to buy back more than $30 billion in loans from investors after the bank modified the mortgages to reduce borrower payments. The allegation, made in a letter sent to a New York state judge on Friday, is the latest legal volley over a proposed $8.5 billion settlement that would help the bank, No. 2 in the United States by assets, resolve investor claims from its 2008 purchase of subprime lender Countrywide Financial. …
In Israel raid, Syria options severely constrained
BEIRUT (AP) -- Syria's defense minister signaled Monday that his country won't hit back at Israel over an airstrike inside Syria, claiming the Israeli raid was actually in retaliation for his regime's offensive against rebels he called "tools" of the Jewish state.
Peru seeks to save a little fish with big impact
CALLAO, Peru (AP) -- The ocean off Peru boasts the world's richest fishing grounds, but Taurino Querevalu is returning to port empty again after a hunt for Peruvian anchovy, cursing his empty nets and an increasingly stingy sea.
U.S. court says won't expedite Apple appeal versus Samsung
SAN FRANCISCO (Reuters) – A U.S. appeals court on Monday rejected Apple Inc's request to fast-track its bid for a sales ban on several Samsung Electronics Co Ltd phones, ruling the iPhone maker could not argue its case to the full appeals court right away. A lower court judge had rejected Apple's bid for a permanent injunction following a blockbuster trial last year. In its ruling on Monday, the Federal U.S. Circuit Court of Appeals in Washington, D.C. …
French daredevil climbs Havana hotel without net
HAVANA (AP) -- A French daredevil who has scaled some of the world’s tallest buildings conquered Cuba’s famous Habana Libre hotel on Monday without ropes or a safety net -- climbing to the top in about half an hour as hundreds of awed onlookers gasped and cheered from the streets below.
U.S., states plan civil charges against S&P over ratings: WSJ
(Reuters) – Federal and state prosecutors intend to bring civil charges against Standard & Poor's for wrongdoing in its rating of mortgage bonds prior to the 2008 financial crisis, The Wall Street Journal said on M onday, citing people familiar with the matter. Allegations against the McGraw-Hill Cos unit will center on the model used to rate the bonds and will be made in lawsuits to be filed as soon as this week, the newspaper said, citing the people. A move by U.S. …
Monti promotes women's rights on Berlusconi sex trial day
ROME (Reuters) – Italian Prime Minister Mario Monti spoke of the importance of women's rights on Monday, while his election rival Silvio Be rlusconi sought to have his latest hearing in a trial for underage prostitution postponed. Berlusconi's "Bunga Bunga" sex scandal was one of the factors that cut short his last spell as prime minister in late 2011 at the height of the euro zone debt crisis. …
Simon Property results easily beat Wall Street views again
(Reuters) – Simon Property Group Inc reported a 21.9 percent increase in a key earnings measure for the fourth quarter, easily beating analysts’ estimates, as rents and sales rose at its malls and outlet centers. The No. 1 U.S. mall and outlet center owner also raised its dividend on Monday for the sixth straight quarter. “They just continue to defy gravity,” said Uniplan Investment Counsel President Richard Imperiale, whose fund owns Simon shares. “When you think they’re going to flatten out just because there’s no more room on the upside, they continue to churn out good operating results. …
Man doesn't remember smashing windows in post-game Vancouver riot:court
VANCOUVER – The first trial involving the Stanley Cup riot in Vancouver has heard a 26-year-old man doesn’t remember smashing windows during the melee.
Pirates seize French tanker, 17 crew off Ivory Coast
ABIDJAN (Reuters) – Suspected Nigerian pirates have hijacked a French-owned Luxembourg-flagged tanker along with its 17-member crew off Ivory Coast, Ivorian officials and the International Maritime Bureau said on Monday. The Gulf of Guinea area is second only to the waters off Somalia for piracy and there has been a spate of violent attacks in vessels in recent days, prompting the bureau to issue a security alert for the region. The Gascogne was the second vessel to be seized off Ivory Coast in less than three weeks and the first to have been taken so far from shore. …
Argentina freezes prices to break inflation spiral
BUENOS AIRES, Argentina (AP) -- Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation.
RBC CEO Nixon's pay rises 25 percent to Canadian dollar 12.6 million
TORONTO (Reuters) – Royal Bank of Canada gave Chief Executive Gordon Nixon a 25 percent raise, paying him C$12.6 million ($12.61 million) in 2012, a year in which the company posted a record net profit. Nixon's pay includes a base salary of C$1.5 million, a cash bonus of C$2.85 million, stock options of C$1.65 million and C$6.6 million in deferred share units. The bank, Canada's largest, said his pay was 12 percent above the bank's original target level due to RBC's strong performance on the year. RBC earned a record C$7.5 billion in 2012, up 17 percent from the previous year. …
Israeli, Palestinian schoolbooks flawed: study
JERUSALEM (AP) -- A new study weighed in on one of the hot-button subplots of the Israeli-Palestinian conflict Monday, saying schoolbooks of both sides largely present one-sided narratives but rarely resort to demonization.
Belgian child killer requests early release
BRUSSELS (Reuters) – Belgium’s most notorious killer launched a bid for early release on Monday, despite little chance of getting parole. Marc Dutroux, who was convicted of the kidnapping and rape of six girls and the murder of four of them in the 1990s, put his case to judges in a closed-door hearing in Brussels. The case touches a nerve in Belgium because of the horrific nature of the murders, and the fact that Belgian police visited one of Dutroux’s houses while two victims, both eight years old, were being held there without finding them. …
NEW YORK/CHARLOTTE, N.C (Reuters) – A group of mortgage-backed securities investors says Bank of America Corp failed to buy back more than $30 billion in loans from investors after the bank modified the mortgages to reduce borrower payments. The allegation, made in a letter sent to a New York state judge on Friday, is the latest legal volley over a proposed $8.5 billion settlement that would help the bank, No. 2 in the United States by assets, resolve investor claims from its 2008 purchase of subprime lender Countrywide Financial. …
In Israel raid, Syria options severely constrained
BEIRUT (AP) -- Syria's defense minister signaled Monday that his country won't hit back at Israel over an airstrike inside Syria, claiming the Israeli raid was actually in retaliation for his regime's offensive against rebels he called "tools" of the Jewish state.
Peru seeks to save a little fish with big impact
CALLAO, Peru (AP) -- The ocean off Peru boasts the world's richest fishing grounds, but Taurino Querevalu is returning to port empty again after a hunt for Peruvian anchovy, cursing his empty nets and an increasingly stingy sea.
U.S. court says won't expedite Apple appeal versus Samsung
SAN FRANCISCO (Reuters) – A U.S. appeals court on Monday rejected Apple Inc's request to fast-track its bid for a sales ban on several Samsung Electronics Co Ltd phones, ruling the iPhone maker could not argue its case to the full appeals court right away. A lower court judge had rejected Apple's bid for a permanent injunction following a blockbuster trial last year. In its ruling on Monday, the Federal U.S. Circuit Court of Appeals in Washington, D.C. …
French daredevil climbs Havana hotel without net
HAVANA (AP) -- A French daredevil who has scaled some of the world’s tallest buildings conquered Cuba’s famous Habana Libre hotel on Monday without ropes or a safety net -- climbing to the top in about half an hour as hundreds of awed onlookers gasped and cheered from the streets below.
U.S., states plan civil charges against S&P over ratings: WSJ
(Reuters) – Federal and state prosecutors intend to bring civil charges against Standard & Poor's for wrongdoing in its rating of mortgage bonds prior to the 2008 financial crisis, The Wall Street Journal said on M onday, citing people familiar with the matter. Allegations against the McGraw-Hill Cos unit will center on the model used to rate the bonds and will be made in lawsuits to be filed as soon as this week, the newspaper said, citing the people. A move by U.S. …
Monti promotes women's rights on Berlusconi sex trial day
ROME (Reuters) – Italian Prime Minister Mario Monti spoke of the importance of women's rights on Monday, while his election rival Silvio Be rlusconi sought to have his latest hearing in a trial for underage prostitution postponed. Berlusconi's "Bunga Bunga" sex scandal was one of the factors that cut short his last spell as prime minister in late 2011 at the height of the euro zone debt crisis. …
Simon Property results easily beat Wall Street views again
(Reuters) – Simon Property Group Inc reported a 21.9 percent increase in a key earnings measure for the fourth quarter, easily beating analysts’ estimates, as rents and sales rose at its malls and outlet centers. The No. 1 U.S. mall and outlet center owner also raised its dividend on Monday for the sixth straight quarter. “They just continue to defy gravity,” said Uniplan Investment Counsel President Richard Imperiale, whose fund owns Simon shares. “When you think they’re going to flatten out just because there’s no more room on the upside, they continue to churn out good operating results. …
Man doesn't remember smashing windows in post-game Vancouver riot:court
VANCOUVER – The first trial involving the Stanley Cup riot in Vancouver has heard a 26-year-old man doesn’t remember smashing windows during the melee.
Pirates seize French tanker, 17 crew off Ivory Coast
ABIDJAN (Reuters) – Suspected Nigerian pirates have hijacked a French-owned Luxembourg-flagged tanker along with its 17-member crew off Ivory Coast, Ivorian officials and the International Maritime Bureau said on Monday. The Gulf of Guinea area is second only to the waters off Somalia for piracy and there has been a spate of violent attacks in vessels in recent days, prompting the bureau to issue a security alert for the region. The Gascogne was the second vessel to be seized off Ivory Coast in less than three weeks and the first to have been taken so far from shore. …
Argentina freezes prices to break inflation spiral
BUENOS AIRES, Argentina (AP) -- Argentina announced a two-month price freeze on supermarket products Monday in an effort to break spiraling inflation.
RBC CEO Nixon's pay rises 25 percent to Canadian dollar 12.6 million
TORONTO (Reuters) – Royal Bank of Canada gave Chief Executive Gordon Nixon a 25 percent raise, paying him C$12.6 million ($12.61 million) in 2012, a year in which the company posted a record net profit. Nixon's pay includes a base salary of C$1.5 million, a cash bonus of C$2.85 million, stock options of C$1.65 million and C$6.6 million in deferred share units. The bank, Canada's largest, said his pay was 12 percent above the bank's original target level due to RBC's strong performance on the year. RBC earned a record C$7.5 billion in 2012, up 17 percent from the previous year. …
Israeli, Palestinian schoolbooks flawed: study
JERUSALEM (AP) -- A new study weighed in on one of the hot-button subplots of the Israeli-Palestinian conflict Monday, saying schoolbooks of both sides largely present one-sided narratives but rarely resort to demonization.
Belgian child killer requests early release
BRUSSELS (Reuters) – Belgium’s most notorious killer launched a bid for early release on Monday, despite little chance of getting parole. Marc Dutroux, who was convicted of the kidnapping and rape of six girls and the murder of four of them in the 1990s, put his case to judges in a closed-door hearing in Brussels. The case touches a nerve in Belgium because of the horrific nature of the murders, and the fact that Belgian police visited one of Dutroux’s houses while two victims, both eight years old, were being held there without finding them. …
seenewstoday.com : Top News updates
Microsoft to invest $2 billion in Dell buyout
NEW YORK (Reuters) – Talks between Dell Inc and a consortium led by its founder and chief executive Michael Dell to take the world's No.3 PC maker private were still on track on Monday, with negotiations focusing on a price of between $13.50 and $13.75 per share, a person familiar with the matter said. Talks are in their final stages and an outcome is expected soon, the person said, cautioning that no final agreement had been reached and negotiations could still break down. …
Venezuela's Chavez improving after tough cancer fight: Fidel Castro
HAVANA (Reuters) – Former Cuban leader Fidel Castro said Venezuelan President Hugo Chavez is getting "much better" as he recovers from cancer surgery alm ost two months ago in Havana, Communist Party newspaper Granma reported on Monday. Castro, 86, spoke to reporters as he voted on Sunday in Cuba's parliamentary elections in one of his increasingly rare public appearances. He said he gets daily reports on the condition of Chavez, who is Cuba's top socialist ally and benefactor. "He is much better, recovering. …
RBC chief earns $12.6 million for 2012, up from $10.1 million in 2011
TORONTO – Royal Bank (TSX:RY) chief executive Gord Nixon received a pay increase last year after taking a million-dollar pay cut in 2011.
French-Canadians victims of 'soft ethnocide,' says report partly funded by PQ
MONTREAL – A report funded in part by Quebec’s governing party says francophones across Canada are the victims of a soft ethnocide.
FBI investigating NYC woman's death in Istanbul
NEW YORK (AP) -- A U.S. congressman says the FBI is playing a significant role in the investigation into the death of a New York City woman found dead in Istanbul while on a solo vacation.
Boeing sues Sea Launch partners for $350 million
NEW YORK (Reuters) – Boeing Co has sued its Russian and Ukrainian partners in satellite launch service Sea Launch, saying they refused to pay it more than $350 million following the joint-venture’s bankruptcy filing in 2009. The lawsuit, filed in U.S. District Court in Los Angeles on Friday, targeted RSC Energia, a company partially owned by the Russian government, and two Ukrainian state-owned companies, PO Yuzhnoye Mashinostroitelny Zavod and KB Yuzhnoye. …
North Korea nuclear test would face "firm" U.N. action: South Korea
UNITED NATIONS (Reuter s) – The U.N. Security Council is united on North Korea's nuclear arms program and will undoubtedly approve tough measures against Pyongyang if it carries out a new atomic test as expected, South Korean U.N. Ambassador Kim Sook said on Monday. "The North Korean nuclear test seems to be imminent," Kim, who is president of the Security Council this month, told reporters. "Obviously there are very busy activities going on at the (North Korean) nuclear test site, and everybody's watching." "Everybody is unified and they are firm and resolute," he said. …
In West Bank, a space for tutus and pirouettes
The Ramallah Ballet Center, where girls in white tights and pink tutus twirl in front of a long mirror, seems a world away from the street below, where butchered lambs hang for sale, resentment lingers from the last intifada, and horns blare as cars snake dangerously close to each other in the narrow streets.
'Cookie Monster' sends 2nd note, saying he wants to return cookie sculpture stolen in Germany
BERLIN – Police in Germany say someone dressed as the Cookie Monster has sent a second note regarding a stolen cookie sculpture -- this time saying he wants to return it.
Bright spot in Palestinian economy: more women opening businesses
It’s a rainy day in the West Bank village of Ajoul, and when the kids get out of school a few dart into Myassar Issa’s mini-market to buy sweets before running home up the muddy hills leading out of the valley.
11 killed in local fighting in northeast Nigeria
YOLA, Nigeria (AP) -- A witness in northeastern Nigeria says 11 people have been killed in fighting between nomadic cattle herders and farmers.
Toronto FC sends forward Hassli to FC Dallas for conditional second-round pick
TORONTO – Toronto FC is sending striker Eric Hassli to FC Dallas in exchange for a conditional second-round pick in the 2014 MLS SuperDraft.
Pakistani girl shot by Taliban makes it clear in video statement that she won't back down
LONDON – In her first video statement since she was nearly killed, a Pakistani schoolgirl shot by the Taliban remained defiant in arguing for girls’ education, saying Monday she would keep up the same campaign that led to her attack.
Istanbul police seek DNA, blood samples from 21 suspects questioned in NYC woman's death
ANKARA, Turkey – Prosecutors in Istanbul got a court order Monday for authorities to take blood and DNA samples from 21 people already questioned in the death of a New York city woman, state media reported.
Myanmar's graffiti artists test edges of emerging democracy
When he first got word of President Obama's historic trip to Myanmar this fall, street artist Arker Kyaw stayed up through the night spray-painting a mural of the US leader smiling against a backdrop of American and Burmese flags.
Flacco receives new car as Super Bowl MVP, with new contract almost sure to follow
NEW ORLEANS – Working on 90 minutes of sleep, Joe Flacco wore a day-old beard and a weary smile that wouldn’t go away.
Turkish police seek DNA, blood from 21 suspects
ANKARA, Turkey (AP) -- Prosecutors in Istanbul got a court order Monday for authorities to take blood and DNA samples from 21 people already questioned in the death of a New York city woman, state media reported.
Ahmadinejad prepared to be Iran's first astronaut
President Mahmoud Ahmadinejad said Monday that he’s ready to take the risk of being the first Iranian astronaut sent into space as part of Iran’s goal of a manned space flight.
Not into boozy, lazy vacations? Try health and fitness retreats that fit your active lifestyle
RINCON, Puerto Rico – Several years ago, I found myself needing a certain type of vacation -- one that would help me reset life and that combined my passions: fitness and sports, the outdoors and travel, healthy food and new people.
New hurdle for nuclear talks: Iran's presidential politics
After an eight-month hiatus of high-level nuclear diplomacy, Iran and world powers are poised to resume talks later this month in Kazakhstan.
NEW YORK (Reuters) – Talks between Dell Inc and a consortium led by its founder and chief executive Michael Dell to take the world's No.3 PC maker private were still on track on Monday, with negotiations focusing on a price of between $13.50 and $13.75 per share, a person familiar with the matter said. Talks are in their final stages and an outcome is expected soon, the person said, cautioning that no final agreement had been reached and negotiations could still break down. …
Venezuela's Chavez improving after tough cancer fight: Fidel Castro
HAVANA (Reuters) – Former Cuban leader Fidel Castro said Venezuelan President Hugo Chavez is getting "much better" as he recovers from cancer surgery alm ost two months ago in Havana, Communist Party newspaper Granma reported on Monday. Castro, 86, spoke to reporters as he voted on Sunday in Cuba's parliamentary elections in one of his increasingly rare public appearances. He said he gets daily reports on the condition of Chavez, who is Cuba's top socialist ally and benefactor. "He is much better, recovering. …
RBC chief earns $12.6 million for 2012, up from $10.1 million in 2011
TORONTO – Royal Bank (TSX:RY) chief executive Gord Nixon received a pay increase last year after taking a million-dollar pay cut in 2011.
French-Canadians victims of 'soft ethnocide,' says report partly funded by PQ
MONTREAL – A report funded in part by Quebec’s governing party says francophones across Canada are the victims of a soft ethnocide.
FBI investigating NYC woman's death in Istanbul
NEW YORK (AP) -- A U.S. congressman says the FBI is playing a significant role in the investigation into the death of a New York City woman found dead in Istanbul while on a solo vacation.
Boeing sues Sea Launch partners for $350 million
NEW YORK (Reuters) – Boeing Co has sued its Russian and Ukrainian partners in satellite launch service Sea Launch, saying they refused to pay it more than $350 million following the joint-venture’s bankruptcy filing in 2009. The lawsuit, filed in U.S. District Court in Los Angeles on Friday, targeted RSC Energia, a company partially owned by the Russian government, and two Ukrainian state-owned companies, PO Yuzhnoye Mashinostroitelny Zavod and KB Yuzhnoye. …
North Korea nuclear test would face "firm" U.N. action: South Korea
UNITED NATIONS (Reuter s) – The U.N. Security Council is united on North Korea's nuclear arms program and will undoubtedly approve tough measures against Pyongyang if it carries out a new atomic test as expected, South Korean U.N. Ambassador Kim Sook said on Monday. "The North Korean nuclear test seems to be imminent," Kim, who is president of the Security Council this month, told reporters. "Obviously there are very busy activities going on at the (North Korean) nuclear test site, and everybody's watching." "Everybody is unified and they are firm and resolute," he said. …
In West Bank, a space for tutus and pirouettes
The Ramallah Ballet Center, where girls in white tights and pink tutus twirl in front of a long mirror, seems a world away from the street below, where butchered lambs hang for sale, resentment lingers from the last intifada, and horns blare as cars snake dangerously close to each other in the narrow streets.
'Cookie Monster' sends 2nd note, saying he wants to return cookie sculpture stolen in Germany
BERLIN – Police in Germany say someone dressed as the Cookie Monster has sent a second note regarding a stolen cookie sculpture -- this time saying he wants to return it.
Bright spot in Palestinian economy: more women opening businesses
It’s a rainy day in the West Bank village of Ajoul, and when the kids get out of school a few dart into Myassar Issa’s mini-market to buy sweets before running home up the muddy hills leading out of the valley.
11 killed in local fighting in northeast Nigeria
YOLA, Nigeria (AP) -- A witness in northeastern Nigeria says 11 people have been killed in fighting between nomadic cattle herders and farmers.
Toronto FC sends forward Hassli to FC Dallas for conditional second-round pick
TORONTO – Toronto FC is sending striker Eric Hassli to FC Dallas in exchange for a conditional second-round pick in the 2014 MLS SuperDraft.
Pakistani girl shot by Taliban makes it clear in video statement that she won't back down
LONDON – In her first video statement since she was nearly killed, a Pakistani schoolgirl shot by the Taliban remained defiant in arguing for girls’ education, saying Monday she would keep up the same campaign that led to her attack.
Istanbul police seek DNA, blood samples from 21 suspects questioned in NYC woman's death
ANKARA, Turkey – Prosecutors in Istanbul got a court order Monday for authorities to take blood and DNA samples from 21 people already questioned in the death of a New York city woman, state media reported.
Myanmar's graffiti artists test edges of emerging democracy
When he first got word of President Obama's historic trip to Myanmar this fall, street artist Arker Kyaw stayed up through the night spray-painting a mural of the US leader smiling against a backdrop of American and Burmese flags.
Flacco receives new car as Super Bowl MVP, with new contract almost sure to follow
NEW ORLEANS – Working on 90 minutes of sleep, Joe Flacco wore a day-old beard and a weary smile that wouldn’t go away.
Turkish police seek DNA, blood from 21 suspects
ANKARA, Turkey (AP) -- Prosecutors in Istanbul got a court order Monday for authorities to take blood and DNA samples from 21 people already questioned in the death of a New York city woman, state media reported.
Ahmadinejad prepared to be Iran's first astronaut
President Mahmoud Ahmadinejad said Monday that he’s ready to take the risk of being the first Iranian astronaut sent into space as part of Iran’s goal of a manned space flight.
Not into boozy, lazy vacations? Try health and fitness retreats that fit your active lifestyle
RINCON, Puerto Rico – Several years ago, I found myself needing a certain type of vacation -- one that would help me reset life and that combined my passions: fitness and sports, the outdoors and travel, healthy food and new people.
New hurdle for nuclear talks: Iran's presidential politics
After an eight-month hiatus of high-level nuclear diplomacy, Iran and world powers are poised to resume talks later this month in Kazakhstan.
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