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| Ride operator arrested after five hurt at North Carolina State Fair Saturday, Oct 26, 2013 08:57 PM PDT (Reuters) - The operator of a carnival ride at the North Carolina State Fair, where five people were hurt when the attraction suddenly restarted as passengers exited, has been arrested after a probe revealed the ride was tampered with, officials said on Saturday. Timothy Dwayne Tutterrow, 46, of Georgia, faces three felony counts of assault with a deadly weapon inflicting serious bodily injury, said Brian Long, a North Carolina State Fair spokesman. At least three people remain hospitalized after the incident on Thursday, including a 14-year-old, according to a statement by the state fair. ... Full Story | Top |
| China September industrial profits up 18.4 percent year-on-year Saturday, Oct 26, 2013 08:05 PM PDT  SHANGHAI (Reuters) - Profits earned by Chinese industrial firms rose 18.4 percent to 558.9 billion yuan ($91.9 billion) in September from a year earlier, slower than the annual growth of 24.2 percent in August, the National Bureau of Statistics said on Sunday. For the first nine months of 2013, industrial profits totaled 4.05 trillion yuan, up 13.5 percent from the same period a year earlier, the bureau said on its website. (www.stats.gov.cn) ($1 = 6.0840 Chinese yuan) (Reporting By Gabriel Wildau; Editing by Michael Perry) Full Story | Top |
| Man arrested with four guns at New York's Kennedy airport Saturday, Oct 26, 2013 06:22 PM PDT By Kevin Murphy (Reuters) - A Tennessee man faces six felony weapons charges after police found two rifles, two handguns and high-capacity ammunition in luggage he was trying to check at New York's John F. Kennedy International Airport on Saturday, an official said. Police arrested Keenan Draughon, 23, at about 8 a.m. EDT when the guns and ammunition were found in his bags, said Joe Pentangelo, spokesman for the Port Authority of New York. ... Full Story | Top |
| Estuaries in Puerto Rico's capital get 'mega clean up' Saturday, Oct 26, 2013 05:25 PM PDT  SAN JUAN, Puerto Rico (Reuters) - A flotilla of fishing skiffs and kayaks plied through the channels and lagoons that comprise the San Juan estuary system Saturday, as volunteers dove beneath bridges and trudged through the thick mangrove forest lining its coasts. With egrets, herons and terns circling overhead and large tarpon breaking through the lagoon's surface, the estuary system evokes a tropical paradise. ... Full Story | Top |
| Exclusive: Aiming to avoid Facebook chaos, NYSE runs Twitter IPO test Saturday, Oct 26, 2013 02:13 PM PDT  By John McCrank NEW YORK (Reuters) - The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on rival Nasdaq. The Big Board, run by NYSE Euronext, regularly does systems testing on the weekends, but this was the first time it had run a simulated IPO, and it did so at the request of its member firms - many of whom took part in Facebook's 2012 IPO on Nasdaq OMX Group's main exchange. ... Full Story | Top |
| Review of Britain's RBS to call for internal 'bad bank', not breakup: Sky Saturday, Oct 26, 2013 01:50 PM PDT  LONDON (Reuters) - A government-commissioned review into Britain's largely state-owned Royal Bank of Scotland will call for the creation of an internal "bad bank" to house its problem loans, stopping short of breaking up the bank, Sky News reported on Saturday. Britain's finance minister, George Osborne, will not pursue the dismantling of the 81 percent taxpayer-owned bank, according to Sky, with the findings of the review due as early as next Friday. Osborne asked investment bank Rothschild in June to examine if RBS should be made to hive off its soured assets into a separate legal entity. ... Full Story | Top |
| Mozambique says Renamo ambush kills one, injures 10 Saturday, Oct 26, 2013 01:29 PM PDT By Manuel Mucari MAPUTO (Reuters) - Suspected Renamo guerrillas ambushed a passenger minibus in central Mozambique on Saturday, killing one person and injuring 10 more in an attack condemned by President Armando Guebuza, state media said. Fears of hit-and-run attacks by armed partisans of Renamo opposition leader Afonso Dhlakama have increased after the army overran Dhlakama's base in central Sofala province on Monday, forcing him to flee into the bush. ... Full Story | Top |
| Producer Quincy Jones sues Michael Jackson estate over royalties Saturday, Oct 26, 2013 01:28 PM PDT  By Steve Gorman LOS ANGELES (Reuters) - Music producer Quincy Jones sued Michael Jackson's estate on Friday, seeking millions of dollars in royalties generated from some of the star's biggest hits after the King of Pop's death. Jones, who worked on Jackson's three biggest solo albums - "Off the Wall", "Thriller" and "Bad" - also named Sony Music Entertainment, the parent company of Jackson's longtime label, Epic Records, in the breach-of-contract complaint. ... Full Story | Top |
| Libya says U.S. firm Marathon to stay, eyes Algeria gas deal Saturday, Oct 26, 2013 12:55 PM PDT  By Ulf Laessing TRIPOLI (Reuters) - U.S. firm Marathon Oil will continue operating in Libya after giving up plans to sell its stake in Waha Oil Company, Oil Minister Abdelbari Arusi said on Saturday. Two years of turmoil after the overthrow of leader Muammar Gaddafi, as well as tough contract terms, have prompted oil companies to reassess their role in the North African country, but the government has been keen to keep them. Sources told Reuters this week that Marathon was blocked from selling its stake in Waha by the government which has first refusal on such a deal. ... Full Story | Top |
| Czech agro tycoon emerges as king-maker after election Saturday, Oct 26, 2013 12:07 PM PDT  By Jan Lopatka and Jason Hovet PRAGUE (Reuters) - Slovak-born billionaire and political novice Andrej Babis became the king-maker of Czech politics on Saturday, after voters angry at graft among the country's political establishment made his new party the second biggest in parliament. The mercurial 59-year-old overcame being a non-native Czech speaker and a hazy political program to win 18.7 percent of the vote in the election, just behind the Social Democrats, who garnered a disappointing 20.5 percent. ... Full Story | Top |
| Tiny 'crazy ants' are a giant nuisance for U.S. Gulf Coast Saturday, Oct 26, 2013 11:08 AM PDT By Andrea Lorenz HOUSTON (Reuters) - Every few days, Joe Stuckey unleashes chemicals on the legions of tiny ants that invade his home and swarm over his 40-acre property south of Houston. Once they die, he scoops up them up by the shovel-full. Then he repeats the ritual. "It's literally a huge problem," said Stuckey, a Houston environmental attorney. Stuckey is one of several landowners who allow researchers to use their property to learn more about tawny crazy ants, a nuisance spreading rapidly across the U.S. Gulf Coast. ... Full Story | Top |
| Italy's Mount Etna volcano erupts Saturday, Oct 26, 2013 10:12 AM PDT ROME (Reuters) - Europe's tallest and most active volcano Mount Etna erupted on Saturday, spewing glowing lava into the air and sending a vast plume of smoke over the southern Italian island of Sicily. The eruption did not require any mountain villages to be evacuated or cause significant disruption, though airspace over Sicily was briefly closed on Saturday morning, according to Catania airport. The volcano is in almost constant activity, although the last major eruption was in 1992. The latest eruption was preceded by a series of underground tremors on Friday. ... Full Story | Top |
| Afghanistan to ask Pakistan about Taliban chief's whereabouts Saturday, Oct 26, 2013 08:37 AM PDT By Hamid Shalizi and Dylan Welch KABUL (Reuters) - Afghanistan will demand an explanation from Pakistan on the whereabouts of a former Taliban second-in-command when the leaders of both countries meet next week to discuss how to end years of insurgency, an Afghan official said on Saturday. The whereabouts of Mullah Baradar has been the source of intense speculation since Pakistan announced his release on September 20. Pakistani sources say he is still kept in a safe house and is closely watched by his Pakistani handlers. ... Full Story | Top |
| Air France CFO sent letter of complaint to Alitalia: newspaper Saturday, Oct 26, 2013 07:47 AM PDT  MILAN (Reuters) - Air France CFO Philippe Calavia complained in a letter to Alitalia that the Italian carrier had failed to inform its French partner properly about key meetings aimed at approving a much-needed capital hike, an Italian newspaper said. Alitalia, in which Air France is the biggest investor with 25 percent, approved at an all-night shareholder meeting on October 14 a 300 million euro capital injection. ... Full Story | Top |
| Airbus executive says time for Germany to pay A350 loan in full Saturday, Oct 26, 2013 06:37 AM PDT BERLIN (Reuters) - Germany should pay the remaining 600 million euros of a disputed development loan for Airbus's A350 passenger plane now the aircraft maker has allocated work to German employees, an Airbus executive said. The German government had demanded that Airbus guarantee a certain amount of the work on the lightweight A350 plane would be done in Germany as a condition for paying out the remaining part of the loan. ... Full Story | Top |
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