| | |
| Egypt's Mursi to meet judges over power grab Sunday, Nov 25, 2012 03:14 PM PST  CAIRO (Reuters) - Egyptian President Mohamed Mursi will meet senior judges on Monday to try to ease a crisis over his seizure of new powers which has set off violent protests reminiscent of last year's revolution which brought him to power. Egypt's stock market plunged on Sunday in its first day open since Mursi issued a decree late on Thursday temporarily widening his powers and shielding his decisions from judicial review, drawing accusations he was behaving like a new dictator. ... Full Story | Top |
| Black Friday sales online top $1 billion for first time: comScore Sunday, Nov 25, 2012 03:44 PM PST  SAN FRANCISCO (Reuters) - Black Friday retail sales online this year topped $1 billion for the first time ever as more consumers used the Internet do their early holiday shopping, comScore Inc said on Sunday. Online sales jumped 26 percent on Black Friday to $1.04 billion from sales of $816 million on the corresponding day last year, according to comScore data. Amazon.com was the most-visited retail website on Black Friday, and it also posted the highest year-over-year visitor growth rate among the top five retailers. ... Full Story | Top |
| "Fiscal cliff" talks stalled but progress possible Sunday, Nov 25, 2012 07:08 PM PST  WASHINGTON (Reuters) - U.S. lawmakers have made little progress in the past 10 days toward a compromise to avoid the harsh tax increases and government spending cuts scheduled for January 1, a senior Democratic senator said on Sunday. The United States is on course to slash its budget deficit nearly in half next year. Closing the gap that quickly, which in Washington is referred to as going over a "fiscal cliff," could easily trigger a recession. "Unfortunately, for the last 10 days, with the House and Congress gone for the Thanksgiving recess ... ... Full Story | Top |
| Voters in tsunami-hit zone feel let down as Japan election nears Sunday, Nov 25, 2012 04:59 PM PST  IWAKI/KAMAISHI, Japan (Reuters) - Three weeks before Japan's first national election since the March 2011 earthquake, none of the contenders has managed to win the hearts, and votes, of those hardest-hit by the disaster - with many feeling let down by the entire political class. Volunteers and donations had poured in after the magnitude 9.0 quake off the northeast coast of Japan's main island Honshu unleashed a deadly tsunami that killed nearly 19,000 and triggered reactor meltdowns at the Fukushima nuclear plant. ... Full Story | Top |
| Apple seeks to add more products to Samsung patent lawsuit Sunday, Nov 25, 2012 03:45 PM PST  (Reuters) - Apple Inc has asked a federal court to add six more products to its patent infringement lawsuit against Samsung Electronics Co, including the Samsung Galaxy Note II, in the latest in move in an ongoing legal war between the two companies. The case is one of two patent infringement lawsuits pending in the U.S. District Court in San Jose by Apple against Samsung. An earlier lawsuit by Apple that related to different patents resulted in a $1.05 billion jury verdict against Samsung on August 24. ... Full Story | Top |
| Syrian rebels take airbase in slow progress toward Damascus Sunday, Nov 25, 2012 07:22 PM PST  AMMAN (Reuters) - Syrian rebels said on Sunday they had captured a helicopter base east of Damascus after an overnight assault, their latest gain in a costly battle to unseat President Bashar al-Assad that is drawing nearer to his seat of power. The Marj al-Sultan base, 15 km (10 miles) from the capital, is the second military facility on the outskirts of the city reported to have fallen to Assad's opponents this month. Activists said rebels had destroyed two helicopters and taken 15 prisoners. ... Full Story | Top |
| Congo says no talks with rebels unless they quit Goma Sunday, Nov 25, 2012 07:24 PM PST  GOMA, Democratic Republic of Congo (Reuters) - Congo said on Sunday it would not negotiate with M23 rebels in the east until they pulled out of the city of Goma, but a rebel spokesman said Kinshasa was in no position to set conditions on peace talks. Congolese President Joseph Kabila met with M23 for the first time on Saturday after an urgent summit in Uganda where regional leaders gave M23 two days to leave Goma, which the rebels seized six days ago after U.N.-backed government troops melted away. Eight months into a rebellion that U.N. ... Full Story | Top |
| Analysis: "Caveat emptor" as foreigners rush to ride China rebound Sunday, Nov 25, 2012 05:33 PM PST  HONG KONG (Reuters) - Foreign investors have started rebuilding their China equity portfolios, tempted by low valuations after two years of market underperformance and signs economic growth may be stabilizing. They have pumped nearly $4 billion into Chinese equity funds in the past two months alone, trying to get in early on what they hope will be a sustained rally. But sentiment looks to be running ahead of fundamentals. ... Full Story | Top |
| Bersani to face Renzi in runoff vote for Italy left leader Sunday, Nov 25, 2012 05:29 PM PST  ROME (Reuters) - Pier Luigi Bersani, head of Italy's Democratic Party, will face his main rival Matteo Renzi in a runoff next week to pick the center-left candidate to fight to succeed Mario Monti as prime minister following the first round of a primary vote on Sunday. With almost half the results counted, Bersani led with about 44 percent, ahead of Renzi, the youthful mayor of Florence, who was campaigning as a modernizer, at around 36 percent, according to party officials. ... Full Story | Top |
| China lands fighter jet on new carrier in show of force Sunday, Nov 25, 2012 06:18 AM PST  SHANGHAI (Reuters) - China has carried out its first successful landing of a fighter jet on its first aircraft carrier, state media said on Sunday, a symbolically significant development as Asian neighbors fret about the world's most populous country's military ambitions. The home-built J-15 fighter jet took off from and landed on the Liaoning, a reconditioned Soviet-era vessel from Ukraine which only came into service in September this year. ... Full Story | Top |
| Congo says no talks with rebels unless they quit Goma Sunday, Nov 25, 2012 06:04 AM PST  GOMA, Democratic Republic of Congo (Reuters) - Congo said on Sunday it would not negotiate with M23 rebels in the east until they pulled out of the city of Goma, but a rebel spokesman said Kinshasa was in no position to set conditions on peace talks. Congolese President Joseph Kabila met with M23 for the first time on Saturday after an urgent summit in Uganda where regional leaders gave M23 two days to leave Goma, which the rebels seized six days ago after U.N.-backed government troops melted away. Eight months into a rebellion that U.N. ... Full Story | Top |
| Syrian rebels take airbase in slow progress toward Damascus Sunday, Nov 25, 2012 07:52 AM PST AMMAN (Reuters) - Syrian rebels said on Sunday they had captured a helicopter base east of Damascus after an overnight assault, their latest gain in a costly battle to unseat President Bashar al-Assad that is drawing nearer to his seat of power. The Marj al-Sultan base, 15 km (10 miles) from the capital, is the second military facility on the outskirts of the city reported to have fallen to Assad's opponents this month. Activists said rebels had destroyed two helicopters and taken 15 prisoners. ... Full Story | Top |
| Suicide bombs kill 11 at military church in Nigeria Sunday, Nov 25, 2012 07:44 AM PST KADUNA, Nigeria (Reuters) - Two suicide bombs killed at least 11 people on Sunday at a church in a barracks in northern Nigeria, where the Islamist sect Boko Haram is waging a campaign of violence, the military said. Army spokesman Bola Koleoso said a bus drove into the side of the St. Andrew Military Protestant Church at the Jaji barracks in Kaduna state and exploded at around 1105 GMT, five minutes after a service had started. Explosives inside a Toyota Camry were detonated outside the church ten minutes later, he said. The military said at least 30 were injured. ... Full Story | Top |
| Analysis: "Caveat emptor" as foreigners rush to ride China rebound Sunday, Nov 25, 2012 02:06 PM PST  HONG KONG (Reuters) - Foreign investors have started rebuilding their China equity portfolios, tempted by low valuations after two years of market underperformance and signs economic growth may be stabilizing. They have pumped nearly $4 billion into Chinese equity funds in the past two months alone, trying to get in early on what they hope will be a sustained rally. But sentiment looks to be running ahead of fundamentals. ... Full Story | Top |
| Hezbollah says could hit all of Israel in future war Sunday, Nov 25, 2012 05:37 AM PST  BEIRUT (Reuters) - Hezbollah leader Sayyed Hassan Nasrallah warned Israel on Sunday that thousands of rockets would rain down on Tel Aviv and cities across the Jewish state if it attacked Lebanon. Speaking four days after the ceasefire which ended a week of conflict between Israel and the Islamist Hamas rulers of Gaza, Nasrallah said Hezbollah's response to any attack would dwarf the rocket fire launched from Palestinian territories. ... Full Story | Top |
| Voters in tsunami-hit zone feel let down as Japan election nears Sunday, Nov 25, 2012 01:50 PM PST  IWAKI/KAMAISHI, Japan (Reuters) - Three weeks before Japan's first national election since the March 2011 earthquake, none of the contenders has managed to win the hearts, and votes, of those hardest-hit by the disaster - with many feeling let down by the entire political class. Volunteers and donations had poured in after the magnitude 9.0 quake off the northeast coast of Japan's main island Honshu unleashed a deadly tsunami that killed nearly 19,000 and triggered reactor meltdowns at the Fukushima nuclear plant. ... Full Story | Top |
| Five killed in attack on Pakistan Shi'ite gathering, 90 hurt Sunday, Nov 25, 2012 03:36 AM PST  DERA ISMAIL KHAN, Pakistan (Reuters) - A bomb killed at least five people and wounded 90 near a Shi'ite procession in Pakistan on Sunday, police said, as the government struggles to stop a wave of attacks by sectarian Sunni militant groups determined to wipe out the minority sect and seize power. Sunni hardliners threatened to strike hard this weekend, an important one in the Shi'ite religious calendar, prompting authorities to halt cellphone coverage in several areas to prevent bombings triggered by remote control. ... Full Story | Top |
| Analysis: Fiscal battles could sideline U.S. immigration reform Saturday, Nov 24, 2012 10:02 PM PST  WASHINGTON (Reuters) - President Barack Obama's re-election this month gave supporters of comprehensive immigration reform an immediate dose of optimism. They hoped that Obama, bolstered by the 70 percent-plus support he received from Hispanic voters, might now feel ready to champion the cause he largely avoided during his first term. And they thought that Republicans, after the thumping they got at the hands of Latinos in the November 6 election, might soften their resistance in order to stay competitive in future elections. ... Full Story | Top |
| Bangladesh's worst-ever factory blaze kills over 100 Sunday, Nov 25, 2012 03:30 AM PST  DHAKA (Reuters) - Fire swept through a garment factory on the outskirts of Bangladesh's capital killing more than 100 people, the fire brigade said on Sunday, in the country's worst-ever factory blaze. Working conditions at Bangladeshi factories are notoriously poor, with little enforcement of safety laws, and overcrowding and locked fire doors are common. The cause of this fire was not immediately known. The blaze at the nine-storey Tazreen Fashion factory in the Ashulia industrial belt of Dhaka started on the ground floor late on Saturday and spread, trapping hundreds of workers. ... Full Story | Top |
| Italy centre left picks candidate for next PM Sunday, Nov 25, 2012 06:14 AM PST  ROME (Reuters) - Italy's centre left voted on Sunday to choose the candidate who will be the leading contender to succeed Mario Monti as prime minister after an election in March and take charge of steering the country through a deep recession. Opinion surveys show Democratic Party leader Pier Luigi Bersani is the frontrunner among five candidates, followed by Florence mayor Matteo Renzi, who has vowed to shake up Italy's political establishment if he is chosen to lead the alliance. The vote will eliminate a major element of uncertainty in choosing a successor to Monti's technocrat government. ... Full Story | Top |
|
No comments:
Post a Comment