| | |
| Australia opposition says top priority to dump mine, carbon taxes Tuesday, Jun 25, 2013 08:43 PM PDT By Rob Taylor CANBERRA (Reuters) - Australia's conservative opposition said its top priority if it wins elections in September will be to repeal taxes on mining profits and carbon, blaming both policies for stopping fresh investment in the vital resources sector. Prime Minister Julia Gillard's Labor government introduced a fixed carbon price about a year ago in a country with one of the world's highest per capita levels of carbon emissions, with plans to transition to emissions trading from 2015. ... Full Story | Top |
| Most Asia shares rebound on PBOC assurances but Shanghai extends slide Tuesday, Jun 25, 2013 08:05 PM PDT  By Chikako Mogi TOKYO (Reuters) - Most Asian shares turned around a four-day losing streak and rose on Wednesday as investors took comfort from U.S. data underscoring an American recovery and assurances from China's central bank that it will offer funds to banks if needed. But fears of a credit crunch and slower loan growth continued to fuel selling of Chinese banking shares in Shanghai. Although China's short-term borrowing rates eased for a fourth day, they remained at elevated levels. Global equity markets rose on Tuesday after U.S. ... Full Story | Top |
| Sponsors rewarded for keeping faith in road racing Tuesday, Jun 25, 2013 07:18 PM PDT  By Keith Weir LONDON (Reuters) - Cycling sponsors can enjoy great value for money if they are willing to trust that the sport is finally leaving its dark doping days behind. Before the start of the 100th edition of the Tour de France on Saturday, cycling has been boosted by news that U.S. consumer electronics company Belkin will sponsor the former Rabobank team until 2015. The Dutch bank pulled out last year when cycling was reeling from the downfall of American rider Lance Armstrong, stripped of his seven Tour de France titles after admitting to doping. ... Full Story | Top |
| Schwab wins $2.75 million arbitration award from jailed former adviser Tuesday, Jun 25, 2013 07:00 PM PDT NEW YORK (Reuters) - A former financial planner, who is serving an eight-year prison sentence for stealing from clients, has been ordered to pay Charles Schwab Corp $2.75 million by an arbitration panel. The case began with a claim against Schwab brought by the father-in-law of Matthew Weitzman, the imprisoned adviser who was a former principal at AFW Asset Management in the New York City suburb of Purchase, NY. Burton Langer, the father-in-law, accused Schwab of unauthorized transfers of securities, and requested damages of $8. ... Full Story | Top |
| Cycling-Sponsors rewarded for keeping faith in road racing Tuesday, Jun 25, 2013 07:00 PM PDT By Keith Weir LONDON, June 26 (Reuters) - Cycling sponsors can enjoy great value for money if they are willing to trust that the sport is finally leaving its dark doping days behind. Before the start of the 100th edition of the Tour de France on Saturday, cycling has been boosted by news that U.S. consumer electronics company Belkin will sponsor the former Rabobank team until 2015. The Dutch bank pulled out last year when cycling was reeling from the downfall of American rider Lance Armstrong, stripped of his seven Tour de France titles after admitting to doping. ... Full Story | Top |
| UC Regents, San Diego governments launch LIBOR lawsuit Tuesday, Jun 25, 2013 06:51 PM PDT SAN FRANCISCO (Reuters) - The Regents of the University of California and the San Diego Association of Governments filed lawsuits in federal courts on Tuesday against more than 20 current and former financial institutions, alleging that they manipulated the London Interbank Offered Rate. The suits allege financial damages linked to deception regarding the benchmark LIBOR interest rate, said Nanci Nishimura, a partner at the law firm Cotchett, Pitre & McCarthy working both lawsuits. ... Full Story | Top |
| Ex-National Geographic photo chief Gilka dead at 96 Tuesday, Jun 25, 2013 06:09 PM PDT (Reuters) - Robert Gilka, director of photography for National Geographic magazine for 22 years and a mentor to leading photojournalists, died on Tuesday at age 96, the National Press Photographers Association said. He died in hospice care in Arlington, Virginia, following his third case of pneumonia this year, the NPPA said, citing photojournalist Bruce Dale. "There is laughter and there are tears because Bob touched so many lives in remarkable ways," Chris Johns, National Geographic's editor in chief, told News Photographer magazine. ... Full Story | Top |
| U.S. regulator tells Web search firms to label ads better Tuesday, Jun 25, 2013 06:08 PM PDT  By Alexei Oreskovic SAN FRANCISCO (Reuters) - U.S. regulators warned leading Internet firms including Google Inc. to better identify paid ads in search results, particularly as new technology such as mobile services and voice-based online services become more common. The U.S. Federal Trade Commission said on Tuesday it had sent letters to 24 Internet search companies, including giants Google, Microsoft Corp and Yahoo Inc, updating its guidance on advertising practices. ... Full Story | Top |
| Rousseff's referendum plan for Brazil runs into trouble Tuesday, Jun 25, 2013 05:44 PM PDT  By Anthony Boadle BRASILIA (Reuters) - Brazilian President Dilma Rousseff's bid to defuse a sudden outburst of national discontent by proposing a referendum on political reforms ran into stiff opposition on Tuesday from politicians and lawyers who questioned its legality. Tens of thousands of Brazilians have taken to the streets this month in the biggest protests in 20 years, fueled by an array of grievances ranging from poor public services to the high cost of World Cup soccer stadiums and corruption. ... Full Story | Top |
| Scientists find neighbor star with three planets in life-friendly orbits Tuesday, Jun 25, 2013 05:27 PM PDT By Irene Klotz CAPE CANAVERAL, Florida (Reuters) - A neighbor star has at least six planets in orbit, including three circling at the right distance for water to exist, a condition believed to be necessary for life, scientists said on Tuesday. Previously, the star known as Gliese 667C was found to be hosting three planets, one of which was located in its so-called "habitable zone" where temperatures could support liquid surface water. That planet and two newly found sibling worlds are bigger than Earth, but smaller than Neptune. ... Full Story | Top |
| Carlyle CEO buys 1776 printing of Declaration of Independence Tuesday, Jun 25, 2013 05:08 PM PDT  By Daniel Trotta NEW YORK (Reuters) - The chief executive of U.S. private equity giant Carlyle Group bought a copy of the first newspaper printing of the U.S. Declaration of Independence for a record $632,500 on Tuesday, adding to his collection of historic documents for public view. David Rubenstein, co-founder and co-CEO of the Washington-based asset manager, bought the printing of The Pennsylvania Evening Post from July 6, 1776, two days after American colonists declared their independence from the British crown. ... Full Story | Top |
| Insight: Britain's bankers look forward to Carney era Tuesday, Jun 25, 2013 05:04 PM PDT  By William Schomberg and Louise Egan LONDON/OTTAWA (Reuters) - To many in the City of London financial centre, incoming Bank of England governor Mark Carney looks and sounds like one of them. His instincts for finance were shaped at the outset by 13 years working for Goldman Sachs - a contrast with his predecessor Mervyn King, an academic economist. King, like many in the country, has barely disguised his disdain for bankers. Britain's banks helped bring the $2.5 trillion economy to its knees by racking up risky bets that forced the government to bail them out when the financial crisis ... Full Story | Top |
| Julianna Margulies lawsuit with ex-manager to go forward in October Tuesday, Jun 25, 2013 05:00 PM PDT  By Tim Kenneally LOS ANGELES (TheWrap.com) - "The Good Wife" star Julianna Margulies was allegedly a bad client, and now the actress will have to face trial over it. Margulies suffered a legal setback in court on Tuesday, when a judge denied her motion for summary judgment in a lawsuit brought against her by her former management company over commissions it says it's owed. D/F Management claims it's owed money stemming from Margulies' work on "The Good Wife" and for her work with cosmetics company L'Oreal. ... Full Story | Top |
| House Republican says IRS awarded 'inappropriate' contracts Tuesday, Jun 25, 2013 04:40 PM PDT  By Patrick Temple-West WASHINGTON (Reuters) - A Virginia company inappropriately secured contracts worth hundreds of millions of dollars from the Internal Revenue Service based on false statements and personal ties to an IRS official, the top Republican investigator in the U.S. House of Representatives said on Tuesday. A report issued by Oversight and Government Reform Committee Chairman Darrell Issa of California said the IRS, which is embroiled in a series of unrelated controversies, awarded the contracts to computer networking and security company Strong Castle Inc. ... Full Story | Top |
| WikiLeaks soldier's court-martial wrestles online evidence rules Tuesday, Jun 25, 2013 04:37 PM PDT  By Ian Simpson WASHINGTON (Reuters) - The trial of a U.S. soldier accused of providing classified materials to WikiLeaks is unique for the size of the leak and also faces the unresolved cyber-age issue of whether Tweets and Web pages can be admitted as evidence. Judge Colonel Denise Lind was left to wrestle with this question when the court-martial of Private First Class Bradley Manning, who is accused of the largest leak of classified material in U.S. history, last convened a week ago. Manning's attorneys had argued that Twitter postings offered by prosecutors did not meet evidence standards. ... Full Story | Top |
|
No comments:
Post a Comment