Sunday, July 1, 2012

Daily News Digest: Reuters Business News Headlines - Yahoo! News

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Sunday, July 1, 2012 12:02 AM PDT
Today's Reuters Business News Headlines - Yahoo! News:
Bombardier says wins $507 million plane order
Sat,30 Jun 2012 05:16 PM PDT
Reuters - TORONTO (Reuters) - Bombardier Inc said on Saturday its aerospace arm had received firm orders worth about $507 million for eight global business aircraft. The Montreal-based manufacturer said the orders from an undisclosed customer consist of three Global 6000 and five Global 8000 jets. The value of the deal is based on the 2012 list price for typically equipped aircraft, it added. ... Full Story
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Wal-Mart suspends Louisiana seafood supplier
Sat,30 Jun 2012 05:15 PM PDT
Reuters - (Reuters) - Wal-Mart Stores Inc has suspended one of its seafood suppliers amid allegations that the company, CJ's Seafood of Breaux Bridge, Louisiana, violated several federal labor laws. The retailing giant launched an investigation of CJ's Seafood following a report published by labor rights group the Worker Rights Consortium that said the crawfish processor abused migrant workers, forced them to work 24 hour shifts and used threats to prevent them from complaining to authorities. ... Full Story
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Airbus' Alabama plant to create 2,500 construction jobs
Sat,30 Jun 2012 09:13 AM PDT
Reuters -

An Airbus A380 aircraft is displayed at the 2008 Farnborough International Air Show, Hampshire, southern EnglandWASHINGTON (Reuters) - Airbus should create about 2,500 construction jobs to build a new $600 million airliner assembly plant in Mobile, Alabama, and 400 to 500 full-time jobs once production starts in 2017, a source familiar with the plans said on Saturday. The European planemaker, owned by EADS, is poised to announce plans to build the plant for its single-aisle A320 passenger jet that will begin producing four planes a month in 2017, according to multiple people familiar with the plans. The announcement may come as early as Monday. ...


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AstraZeneca hungry to refill medicine cabinet
Sat,30 Jun 2012 08:33 AM PDT
Reuters - LONDON (Reuters) - Simon Lowth may only be the interim chief executive of AstraZeneca Plc but he is ready to sign off on bold deals. The decision to pair up with Bristol-Myers Squibb Co to buy diabetes specialist Amylin Pharmaceuticals Inc shows the Anglo-Swedish drugmaker is stepping up its deal-making, despite the management hiatus at the top of the company. AstraZeneca is chipping in $3.4 billion for a half share in Amylin's products for the fast-growing type 2 diabetes market. ... Full Story
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Merkel seen as big loser in euro zone showdown
Sat,30 Jun 2012 07:50 AM PDT
Reuters -

German Chancellor Angela Merkel looks on before delivering government policy statement in parliament in BerlinBERLIN/PARIS (Reuters) - Angela Merkel was portrayed across Europe as the big loser of a euro zone showdown in Brussels after the German chancellor was forced to accept the crisis-fighting measures championed by countries struggling with their debts. Newspapers in Spain, Italy and France on Saturday toasted the triumph of their leaders - Mario Monti, Mariano Rajoy and Francois Hollande - in pushing Merkel into a U-turn that would long have been unthinkable. ...


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Germany denies Schaeuble talk of Greece euro exit
Sat,30 Jun 2012 07:42 AM PDT
Reuters -

German Chancellor Merkel talks with her Finance Minister Wolfgang Schaeuble before the vote for ratification of the European Union fiscal pact in the Reichstag, the seat of the German lower house of parliament, the Bundestag, in BerlinKREFELD, Germany (Reuters) - A deputy German Finance Minister dismissed a magazine report saying Finance Minister Wolfgang Schaeuble had told conservative members of parliament on Friday to prepare for a looming Greek bankruptcy and euro zone exit. "This report is nonsense," Deputy Finance Minister Steffen Kampeter told Reuters on Saturday on the sidelines of a regional meeting of Christian Democrats in the western town of Krefeld. Kampeter said that Schaeuble had spoken to the conservative MPs on Friday about the need for the austerity and reform measures in Greece to be implemented. ...


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UK orders bank review, calls Diamond to panel
Sat,30 Jun 2012 07:22 AM PDT
Reuters - LONDON (Reuters) - The British government ordered an independent review into the workings of key lending rates between banks, after Barclays was found guilty of rigging them, and summoned the bank's boss to answer questions about the scandal. U.S. and British authorities fined Barclays $450 million for manipulating the London Interbank Offer Rate (Libor), the interest rate on loans that banks make to each other. Barclays was the first to settle in an investigation that is expected to name others and reaches across Europe, Japan and North America. ... Full Story
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Cameroon, China Eximbank sign $467 million loan
Sat,30 Jun 2012 05:18 AM PDT
Reuters -

Contractors work on the Mombasa-Nairobi highway construction project in Athi River KenyaYAOUNDE (Reuters) - Cameroon and China's Eximbank have signed a loan agreement worth 241.4 billion CFA francsfor the construction of an expressway road linking the capital Yaounde to Cameroon's economic hub and main Douala. Economy Minister Emmanuel Nganou Djoumessi told reporters after the signing ceremony that the road will cut the distance to be travelled between the two cities from 265 km (165 miles) on the existing road to about 215 km. He also hoped the six-lane highway would benefit trade for the Central African sub-region. ...


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BMW to hire thousands of permanent staff: report
Sat,30 Jun 2012 05:12 AM PDT
Reuters -

The logo of German car manufacturer BMW is seen on the bonnet of a vehicle covered with water drops in KievFRANKFURT (Reuters) - BMW plans to hire thousands of permanent staff after cutting the number of its temporary workers by half, a German magazine reported on Saturday. BMW's management has struck an agreement with the company's works council that will see the number of temporary workers fall to around 6,000 from about 12,000 currently, Wirtschaftswoche magazine reported in an article released ahead of publication on Monday. ...


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France urges Peugeot to tell plant plans
Sat,30 Jun 2012 04:57 AM PDT
Reuters -

The Logo of French carmaker Peugeot is seen on a car in ParisPARIS (Reuters) - French Industry Minister Arnaud Montebourg called on the management of struggling car maker PSA Peugeot Citroën to divulge its intentions for the future of several of its plants quickly, as fears mount over future job cuts. Europe's second-biggest automaker is looking for ways to make more cost savings this year and preparing to shut down one of its two Paris plants, union officials said on June 28. ...


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EU deal for Spain, Italy buoys markets but details sketchy
Sat,30 Jun 2012 04:29 AM PDT
Reuters -

European Council President Van Rompuy addresses a news conference after a European Union leaders summit in BrusselsBRUSSELS (Reuters) - Under pressure to prevent a catastrophic breakup of their single currency, euro zone leaders agreed on Friday to let their rescue fund inject aid directly into stricken banks from next year and intervene on bond markets to support troubled member states. They also pledged to create a single banking supervisor for euro zone banks based around the European Central Bank in a landmark first step towards a European banking union that could help shore up struggling member Spain. ...


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Wall St ends sharply higher; down for quarter
Sat,30 Jun 2012 02:08 AM PDT
Reuters -

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - U.S. stocks surged on Friday to close out a sour quarter on a high note as investors cheered an agreement by European leaders to stabilize the region's banks, a pact that helped remove some of the uncertainty that has plagued markets. Based on the latest available data, the Dow Jones industrial average shot up 277.83 points, or 2.20 percent, to en unofficially at 12,880.09 for the day. The Standard & Poor's 500 Index climbed 33.12 points, or 2.49 percent, to finish unofficially at 1,362.16. The Nasdaq Composite Index jumped 85.56 points, or 3. ...


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Nigeria fx reserves fall 2 pct in June to $36.8 bln
Sat,30 Jun 2012 01:29 AM PDT
Reuters - LAGOS (Reuters) - Nigeria's foreign exchange reserves dropped 2.17 percent month-on-month to $36.82 billion by June 27, compared with $37.64 billion a month ago, after a central bank intervention to support the naira, figures from the central bank showed on Friday. The reserves were back to the level they were on May 10, at $36.85 billion, but were higher than the $32.01 billion Africa's second biggest economy had in reserve a year ago. The naira has fallen in the last three months due to an exit of offshore investors from the local debt market and strong demand for the dollar. ... Full Story
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Nigeria raises 134.5 bln naira in Tbills, yields mixed
Sat,30 Jun 2012 01:28 AM PDT
Reuters - (Reuters) - Nigeria sold a total of 134.56 billion naira in treasury bills with maturities ranging from three months to one year at its bi-monthly auction, with yield performance mixed compared with the previous auction, the central bank said on Friday. The bank said it sold 21.84 billion naira worth of 91-day paper at a return of 14.09 percent, slightly higher than the 14.05 percent at the previous auction. It issued 52.73 billion naira worth in 182-day bills at 15.31 percent, the same return as at the previous auction. A total of 60 billion naira worth was issued in the 364-day bill at 15. ... Full Story
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Niger signs MOU with Chad on oil pipeline
Sat,30 Jun 2012 01:25 AM PDT
Reuters -

Pipelines run through the oil refinery at Zueitina near the northeastern Libyan town of AjdabiyahNIAMEY (Reuters) - Niger has signed an agreement with neighbouring Chad to construct a 600 km (373 miles) pipeline linking it to the Chad-Cameroon pipeline which will enable it to export its crude, Niger's oil minister said on Friday. Niger is expected to begin operating reserves on four fields at its Agadem bloc by early 2014, and increase its production to 80,000 barrels-per-day of which 60,000 will be exported through the pipeline. ...


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Daily News Digest: Reuters World News Headlines - Yahoo! News

Daily News Alert
Yahoo! Alerts Yahoo! News | My Alerts | Edit Alert
Sunday, July 1, 2012 12:00 AM PDT
Today's Reuters World News Headlines - Yahoo! News:
Drone kills eight suspected militants in Pakistan
Sat,30 Jun 2012 10:36 PM PDT
Reuters - MIRANSHAH, Pakistan (Reuters) - A U.S. drone aircraft killed eight suspected Islamist militants in northwest Pakistan on Sunday, security officials said. A drone missile struck a house in the Shawal Valley where militants were reported to be hiding in the North Waziristan tribal region near the Afghan border. "Two missiles were fired on a house. Eight militants were killed," said a local intelligence official. ... Full Story
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Two killed in French nightclub shooting, police say
Sat,30 Jun 2012 10:16 PM PDT
Reuters - PARIS (Reuters) - Two people were killed and five were injured, including two seriously, in a shooting outside a nightclub in the northern French city of Lille on Sunday, police and fire services said. A man who had been refused entry into the club returned with a heavy-caliber gun, shooting indiscriminately at around 3 a.m. (10.00 p.m. EDT) before fleeing the scene. Police were searching for the man. (Reporting By Pierre Savary; writing by John Irish; editing by Mohammad Zargham) Full Story
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Analysis: Jumping off the fiscal cliff
Sat,30 Jun 2012 10:08 PM PDT
Reuters -

A 2011 U.S. Individual Income Tax Return form is seen in New YorkWASHINGTON (Reuters) - Members of Congress from both parties are increasingly mulling the unthinkable: going home in December without acting to avoid the $4 trillion in tax hikes and deep spending cuts known as the fiscal cliff. Neither Democrats nor Republicans claim this is their preferred option, as it could rattle global financial markets badly and anger their constituents. But as they circle each other in an ever-more partisan atmosphere they see little prospect for a settlement acceptable to both parties in the lame duck session of Congress after the November 6 election. ...


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China's Hu urges new Hong Kong leader to heed "problems"
Sat,30 Jun 2012 08:44 PM PDT
Reuters -

Chinese President Hu Jintao listens as Hong Kong officials show him exhibits on Kai Tak Cruise Terminal Pier in Hong KongHONG KONG (Reuters) - Chinese President Hu Jintao on Sunday swore in Hong Kong's new leader who will have to confront challenges ranging from human rights to a push for democracy in the free-wheeling financial center after a year of transition and protest. Security was tight at the same harbor-front venue where the British handed Hong Kong back to Communist Party-run China exactly 15 years ago, with hundreds of police forming a solid ring fence to ensure the isolated demonstrations were kept out of sight and earshot. ...


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Colombia volcano erupts, prompts evacuations
Sat,30 Jun 2012 07:31 PM PDT
Reuters - BOGOTA (Reuters) - Colombia evacuated people from communities close to the Nevado del Ruiz volcano after an eruption on Saturday that spewed smoke and ash from its crater, bringing back memories of avalanches that in 1985 buried tens of thousands under rocks. President Juan Manuel Santos said on his Twitter account that the area around the Nevado del Ruiz, in the central spine of Colombia's Andean mountain range, had been put on red alert and people should leave the area. ... Full Story
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Tough, pro-Beijing Leung to lead wary Hong Kong
Sat,30 Jun 2012 06:29 PM PDT
Reuters - HONG KONG (Reuters) - Chinese President Hu Jintao swore in Beijing loyalist Leung Chun-ying as Hong Kong's leader on Sunday, the third chief executive to lead the former British colony since it reverted to Chinese rule in 1997. Leung, 57, is a self-made surveyor, former senior Hong Kong government adviser and known as a suave, and at times ruthless, political operator with close ties to China's Communist Party, particularly Hu's Youth League faction. ... Full Story
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ADB sees progress in resuming aid to Myanmar
Sat,30 Jun 2012 05:39 PM PDT
Reuters - BANGKOK (Reuters) - When the Asian Development Bank cut off aid to Myanmar in 1988, troops had just crushed a pro-democracy movement, killing thousands. Today, Myanmar, the Asian Development Bank and the World Bank are inching closer to a deal that would lead to a full-fledged resumption of aid, possibly within a year, a senior ADB official said on Saturday. ... Full Story
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Senegal's Sall seeks to bolster rule in polls
Sat,30 Jun 2012 05:02 PM PDT
Reuters - DAKAR (Reuters) - Party allies of Senegal's new President Macky Sall are tipped to win control of parliament in polls on Sunday, three months after Sall triumphed over veteran ex-leader Abdoulaye Wade in an election hailed as a success for African democracy. Victory for Sall's own Alliance for the Republic (APR) party and the Benno Bokk Yakaar coalition backing him would help Sall, 50, push on with reforms seeking to boost employment and cut the cost of living for the poor, notably through food subsidies. ... Full Story
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UK's Cameron attempts to woo eurosceptics on referendum
Sat,30 Jun 2012 04:44 PM PDT
Reuters -

Britain's PM Cameron leaves an EU leaders summit in BrusselsLONDON (Reuters) - Prime Minister David Cameron has raised the prospect of a possible referendum on Britain's future relationship with the European Union, potentially threatening trade with the bloc and opening up another front against the Conservatives' coalition partner. Britain has had a long and painful history of infighting and changes of heart over how closely to integrate with the EU ever since it joined its precursor four decades ago. It has often proven divisive both within and among Britain's main political parties as well as the public. ...


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Yitzhak Shamir, hawkish Israeli premier, dies
Sat,30 Jun 2012 04:43 PM PDT
Reuters -

SPECIAL FOR SYDNEY MORNING HERALDJERUSALEM (Reuters) - Yitzhak Shamir, the hawkish Israeli leader who two decades ago first balked at U.S. calls to trade occupied land for Middle East peace, died on Saturday after a long illness. He was 96. The second longest-serving prime minister after Israel's founder, David Ben-Gurion, Shamir clung to the status quo. Admirers saw strength and resolve in his position, while critics called him an intransigent naysayer who allowed Arabs to cast Israel as obstructing reconciliation. ...


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Iceland's defiant president eyes record fifth term
Sat,30 Jun 2012 04:40 PM PDT
Reuters -

Iceland's President Olafur Grimsson makes a visit to EyjafjollREYKJAVIK (Reuters) - Iceland's president Olafur Grimsson looks set to win a record fifth term in office, riding a wave of support for his defiance of Britain and the Netherlands over massive debts from a bank crash, initial election results showed on Saturday. Grimsson, 69, who also opposes joining the European Union, had led in recent opinion polls in the run-up to the elections, ahead of Thora Arnorsdottir, 37, a local television journalist. A first tally of 20 percent of the votes showed Grimsson with 52.5 percent while Arnorsdottir, got 33.2 percent. ...


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Assad's fate unclear in world powers' Syria plan
Sat,30 Jun 2012 03:59 PM PDT
Reuters -

Kofi Annan, Joint Special Envoy of the United Nations and the Arab League for Syria, emerges from the Action Group on Syria meeting at the United Nations' Headquarters in GenevaGENEVA (Reuters) - World powers struck an agreement that a transitional government should be set up in Syria to end the conflict there but they remained at odds over what part President Bashar al-Assad might play in the process. Peace envoy Kofi Annan said after the talks in Geneva on Saturday the government should include members of Assad's administration and the Syrian opposition and that it should arrange free elections. "Time is running out. The conflict must be resolved through peaceful dialogue and negotiations," Annan told reporters. ...


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Activists say Syrian troops fire on Damascus funeral, killing 30
Sat,30 Jun 2012 03:48 PM PDT
Reuters - BEIRUT (Reuters) - Opposition activists said Syrian forces killed more than 30 people on Saturday when they fired a mortar bomb into a funeral procession in Damascus for a man who died in shelling 24 hours earlier. They said amateur video footage, posted on a website, showed the moment the bomb hit the crowd. Another video showed the aftermath - grey smoke filling the air before clearing to show bodies. The body of the man who activists said was killed a day before lay wrapped in a white shroud on the ground. ... Full Story
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Maiden gay cruise to Muslim land hits Morocco snag
Sat,30 Jun 2012 03:07 PM PDT
Reuters - RABAT (Reuters) - Organizers of an all-gay cruise on Saturday blamed Moroccan officials for the cancellation of what would have been the first visit of its kind to a Muslim country, but the tourism minister denied the ship was banned and said its passengers were welcome. Cruise liner Holland America Line and trip organizer RSVP Vacations told the 2,100 holiday-makers aboard the MS Nieuw Amsterdam ship that the July 1 visit to Casablanca had been cancelled. ... Full Story
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Young Afghans seek solace from war in heavy metal rock
Sat,30 Jun 2012 03:06 PM PDT
Reuters -

Afghan rock musician performs during a concert at the French Culture House in KabulKABUL (Reuters) - On a dimly lit stage the godfather of Afghan rock prepares for the next song, as images of the French movie La Haine (Hate) flicker above and his audience is asked what song would they sing if they were lying in the gutter dying. For "District Unknown", Afghanistan's first heavy metal band, the answer could be "Two Seconds After the Blast", from their soon-to-be recorded first album, "A 24-hour life time". ...


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Exclusive: Saudi dissident set to come off U.N. al Qaeda blacklist
Sat,30 Jun 2012 02:08 PM PDT
Reuters - UNITED NATIONS (Reuters) - A U.N. Security Council committee is set to remove Saudi dissident Saad al-Faqih from the United Nations' al Qaeda sanctions list this weekend if no council member demands that the 15-nation body intervene, U.N. diplomats said on Saturday. The London-based Faqih was added to the U.N. al Qaeda sanctions list in December 2004, days after the U.S. Treasury Department hit him with U.S. sanctions for suspected links to the late Osama bin Laden's militant network, which was responsible for the September 11, 2001 attacks on the United States. ... Full Story
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Georgian president names new PM as elections loom
Sat,30 Jun 2012 12:27 PM PDT
Reuters -

Georgia's Interior Minister Merabishvili speaks during a news conference at his office in TbilisiTBILISI (Reuters) - Georgia's President Mikheil Saakashvili named his close ally, Interior Minister Vano Merabishvili, as the new prime minister on Saturday ahead of parliamentary elections due in October. Saakashvili, who faces growing competition from a newly-created opposition group ahead of the elections, said he wanted Merabishvili to tackle Georgia's 16 percent unemployment and implement agricultural and health care reforms. "It's important for our people to know what are and will be the government's priorities ahead and after the upcoming election," Saakashvili said. ...


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Tables turn as Egypt's Islamist president sworn in
Sat,30 Jun 2012 12:00 PM PDT
Reuters -

Egypt's first Islamist president Mohamed Mursi attends his swearing in ceremony in this still image from a video footage in CairoCAIRO (Reuters) - In a day full of memorable images, none on Saturday was more powerful than that of Egypt's first Islamist president, Mohamed Mursi, flanked by generals at a military parade where he was formally handed authority to govern the nation. For six decades, Mursi's seat had been filled by presidents drawn from the ranks of the military. And for half that time, it was occupied by one man, Hosni Mubarak, a former air force chief who hounded and jailed members of Mursi's Muslim Brotherhood. ...


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Russia's Lavrov delighted at Syria meeting outcome
Sat,30 Jun 2012 11:57 AM PDT
Reuters - GENEVA (Reuters) - Russian Foreign Minister Sergei Lavrov said he was "delighted" at the outcome of crisis talks on Syria held in Geneva on Saturday and that the document agreed on did not imply Syrian President Bashar al-Assad should step down. Lavrov told a news conference there were no preconditions to Syria's transition process and no attempt to exclude any group from a proposed national unity government. The key point was that the agreement did not attempt to impose a process on Syria, he said. (Reporting by Tom Miles; Editing by Angus MacSwan) Full Story
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Four divers drown in Italian caving accident
Sat,30 Jun 2012 11:46 AM PDT
Reuters - ROME (Reuters) - Four divers were killed on Saturday while exploring an underwater cave system at Palinuro near Salerno in southern Italy, authorities said. The four, three men and a woman, were part of a larger group of divers exploring a site known as the Cave of Blood, due to the red color of its walls, when they apparently became disoriented. "We have already questioned the survivors of this tragedy but it's still too early to say exactly what happened," Andrea Agostinelli, an official with the regional Salerno coastguard, told SkyTG24 television. ... Full Story
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Mali Islamists destroy holy Timbuktu sites
Sat,30 Jun 2012 11:11 AM PDT
Reuters -

People walk past signs marking heritage sites in TimbuktuBAMAKO (Reuters) - Al Qaeda-linked Mali Islamists armed with Kalashnikovs and pick-axes destroyed centuries-old mausoleums of saints in the UNESCO-listed city of Timbuktu on Saturday in front of shocked locals, witnesses said. The Islamist Ansar Dine group backs strict sharia, Islamic law, and considers the shrines of the local Sufi version of Islam to be idolatrous. Sufi shrines have also been attacked by hardline Salafists in Egypt and Libya in the past year. ...


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World powers agree on Syria unity government
Sat,30 Jun 2012 10:50 AM PDT
Reuters - GENEVA (Reuters) - International powers agreed on Saturday that a national unity government should be set up in Syria to resolve the conflict between President Bashar al-Assad and opposition forces trying to oust him. Peace envoy Kofi Annan said after the talks in Geneva that the government should include members of Assad's administration and the opposition. But it was not immediately clear what role, if any, was envisaged for Assad. "It is for the people to come to a political agreement but time is running out," Annan said. "We need rapid steps to reach agreement. ... Full Story
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Belarus frees journalist, seen as gesture to Poland
Sat,30 Jun 2012 10:05 AM PDT
Reuters - MINSK (Reuters) - Belarus officials conditionally released a Polish newspaper correspondent from jail on Saturday in a move seen as easing tensions before a likely meeting between Belarussian President Alexander Lukashenko and his Polish counterpart at the Euro 2012 soccer final. Andrzej Poczobut, a Belarussian citizen who works for Polish daily Gazeta Wyborcza and is a prominent activist for the rights of the Polish minority in Belarus, was arrested a week ago in his hometown of Grodno. ... Full Story
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Palestinian leader Abbas postpones Israel meeting
Sat,30 Jun 2012 09:32 AM PDT
Reuters -

Palestinian President Mahmoud Abbas attends a Palestinian Liberation Organization (PLO) executive committee meeting in the West Bank city of RamallahRAMALLAH, West Bank (Reuters) - Palestinian President Mahmoud Abbas has postponed a controversial meeting with Israeli Vice Premier Shaul Mofaz that had been scheduled for Sunday, Palestinian officials said on Saturday. The officials did not say when a new date might be set for what would be the highest-level meeting between the sides since peace talks broke down in 2010. "We know that Mofaz will bring nothing new," said Wasl Abu Yosef, a member of Abbas' Palestine Liberation Organization, who told reporters of the postponement. ...


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Russia offers to host next Syria meeting: agency
Sat,30 Jun 2012 09:27 AM PDT
Reuters - MOSCOW (Reuters) - Russia will propose a new international meeting on the Syrian crisis in Moscow and that Syria should be represented, Interfax news agency quoted an unidentified source close to this weekend's talks in Geneva as saying on Saturday. Russia and Western powers are at loggerheads over the international community's role in Syria, with foreign ministers and international diplomats trying to reach common grounds in Geneva for a peace deal in the country. "The Russian side will propose to hold such a meeting in Moscow. ... Full Story
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Syrian forces push into Douma, residents flee
Sat,30 Jun 2012 09:16 AM PDT
Reuters - BEIRUT (Reuters) - Syrian government forces pushed their way into Douma on Saturday after weeks of siege and shelling, and fleeing residents spoke of corpses in the streets of the town near the capital Damascus. The residents said hundreds of people were fleeing the town as government forces swept the streets in search of rebels trying to overthrow President Bashar al-Assad. They reported many bodies buried under the rubble of houses in the town of half a million people, 15 km (10 miles) from Damascus. ... Full Story
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Factbox: Timbuktu - heritage in danger
Sat,30 Jun 2012 08:54 AM PDT
Reuters - (Reuters) - Armed fighters of Mail's al Qaeda-linked Ansar Dine Islamist group on Saturday destroyed mausoleums of saints in the ancient trading city of Timbuktu, classified as a UNESCO World Heritage site, witnesses said. Ansar Dine, which experts say has links to local al Qaeda factions, has gained the upper hand over its erstwhile rebel allies, the secular MNLA group, since the two routed government forces and seized control of Mali's desert north in April. Timbuktu has been a UNESCO World Heritage Site since 1988, but tourism has suffered from years of security problems. ... Full Story
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France eyes computer screen tax to boost revenues
Sat,30 Jun 2012 08:40 AM PDT
Reuters -

A computer screen displays the world launch of Microsoft Office software in "Alsacien", the traditional language of the eastern France region of Alsace, in StrasbourgPARIS (Reuters) - The French government is considering extending the television license fee to include computer screen owners to boost revenues for public-sector broadcasting operations, the culture minister said on Saturday. President Francois Hollande's Socialist government already aims to raise an extra 7.5 billion euros this year through tax rises included in an amended budget bill to be unveiled next week. ...


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Egypt's Mursi says army keeps pledge to cede power
Sat,30 Jun 2012 08:35 AM PDT
Reuters - CAIRO (Reuters) - Egypt's new President Mohamed Mursi said on Saturday the military that took charge when Hosni Mubarak was overthrown last year had kept its promise to hand over power, speaking at a ceremony to mark the formal transfer of authority. Mursi's comments followed a speech by Field Marshal Hussein Tantawi, who heads the military council. In his remarks, Tantawi also said the army had kept its pledge to oversee the nation until a president was elected. ... Full Story
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Raised on power, Assad risks all
Sat,30 Jun 2012 08:10 AM PDT
Reuters - BEIRUT (Reuters) - His father had a face of stone and a hard glare. He has a mild gaze and a weak chin. But there the dissimilarity ends. Syria's President Bashar al-Assad has proved himself as uncompromising as the late Hafez, who ran the Arab republic with an iron fist for 29 years and bequeathed a formidable, police-state dynasty to his son in 2000. Bashar was only 16 when Assad senior ordered one of the bloodiest atrocities in modern Arab history: the 1982 massacre of at least 10,000 Syrians in Hama to crush a revolt by Sunni Muslims. The repression worked. The lesson may have been ... Full Story
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Merkel seen as big loser in euro zone showdown
Sat,30 Jun 2012 07:50 AM PDT
Reuters -

German Chancellor Angela Merkel looks on before delivering government policy statement in parliament in BerlinBERLIN/PARIS (Reuters) - Angela Merkel was portrayed across Europe as the big loser of a euro zone showdown in Brussels after the German chancellor was forced to accept the crisis-fighting measures championed by countries struggling with their debts. Newspapers in Spain, Italy and France on Saturday toasted the triumph of their leaders - Mario Monti, Mariano Rajoy and Francois Hollande - in pushing Merkel into a U-turn that would long have been unthinkable. ...


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Germany denies Schaeuble talk of Greece euro exit
Sat,30 Jun 2012 07:42 AM PDT
Reuters -

German Chancellor Merkel talks with her Finance Minister Wolfgang Schaeuble before the vote for ratification of the European Union fiscal pact in the Reichstag, the seat of the German lower house of parliament, the Bundestag, in BerlinKREFELD, Germany (Reuters) - A deputy German Finance Minister dismissed a magazine report saying Finance Minister Wolfgang Schaeuble had told conservative members of parliament on Friday to prepare for a looming Greek bankruptcy and euro zone exit. "This report is nonsense," Deputy Finance Minister Steffen Kampeter told Reuters on Saturday on the sidelines of a regional meeting of Christian Democrats in the western town of Krefeld. Kampeter said that Schaeuble had spoken to the conservative MPs on Friday about the need for the austerity and reform measures in Greece to be implemented. ...


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Iran urges emergency OPEC meet as price drops
Sat,30 Jun 2012 07:35 AM PDT
Reuters - DUBAI (Reuters) - Iranian Oil Minister Rostam Qasemi urged OPEC's secretary general to call for an extraordinary meeting amid falling oil prices, Iranian Oil Ministry's website SHANA said on Saturday. "In 161st meeting of OPEC it was agreed if oil prices fall below $100 per barrel it means that prices are in crisis, so we have urged secretary general of OPEC...to make preparations for holding an emergency meeting," Qasemi told SHANA. International crude benchmarks Brent and U.S. ... Full Story
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Dozens killed by al Qaeda mines in Yemen
Sat,30 Jun 2012 07:13 AM PDT
Reuters - SANAA (Reuters) - More than 50 Yemenis were killed by mines planted by al Qaeda-linked fighters as they fled two of their main strongholds in Yemen's restive south this month, the defense ministry said on Saturday. Ansar al-Sharia, a group which swears allegiance to al Qaeda in the Arabian Peninsula, seized control of several cities in Abyan province last year during a wave of protests that forced former President Ali Abdullah Saleh to step down. Yemen's army drove the militants out of the provincial capital Zinjibar and strategic city Jaar this month, a major breakthrough in a U.S. ... Full Story
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Islamist president says Egypt won't reverse course
Sat,30 Jun 2012 06:22 AM PDT
Reuters - CAIRO (Reuters) - Egypt's Islamist President Mohamed Mursi opened his first public address after his inauguration on Saturday with the words "God is greatest, above everyone" and pledged to keep the country on a democratic course after Hosni Mubarak's fall. He spoke at Cairo University to ordinary people, politicians and generals. He told the latter they were now free to take their troops back to barracks to focus on national security. ... Full Story
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Egypt president to encourage investment, tourism
Sat,30 Jun 2012 06:10 AM PDT
Reuters - CAIRO (Reuters) - Egypt's President Mohamed Mursi promised on Saturday to work to attract investment in all areas of the economy and to revive tourism, both areas severely damaged by the turmoil that followed the uprising that ousted Hosni Mubarak last year. "We will work together to encourage investment in all sectors and restore tourism to its place, bringing benefit to the Egyptian economy and all citizens in Egypt," he said in his first public address, broadcast on state television. (Reporting by Omar Fahmy and Yasmine Saleh; Writing by Edmund Blair) Full Story
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Sudan agrees to allow aid in rebel-held border areas
Sat,30 Jun 2012 06:06 AM PDT
Reuters - ADDIS ABABA/KHARTOUM (Reuters) - Sudan has agreed to allow humanitarian aid to civilians in rebel-controlled areas of two war-torn border states where aid groups have warned of an impending famine, the African Union and Sudanese state media said on Saturday. Fighting in South Kordofan and Blue Nile has forced hundreds of thousands of people to flee their homes since last year, the United Nations and aid groups say. The clashes broke out between government forces and rebels of the Sudan People's Liberation Movement North (SPLM-N) around the time South Sudan declared independence last year. ... Full Story
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Egypt to uphold treaties, help Syrian people: Mursi
Sat,30 Jun 2012 05:59 AM PDT
Reuters - CAIRO (Reuters) - Islamist President Mohamed Mursi said on Saturday that Egypt would work to end bloodshed in Syria and pledged to uphold international agreements, in a nod to Israel which is worried about the future of its 33-year-old peace treaty. "We carry a message of peace to the world," Mursi said in his first public address as president, broadcast on state television. "We emphasize the state of Egypt's commitment to international treaties and agreements." "Egypt today is a supporter of the Palestinian and Syrian people. Spilling the Syrian people's blood has to stop. ... Full Story
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Turkey's AK Party moves to scrap coup trial courts
Sat,30 Jun 2012 05:40 AM PDT
Reuters -

Turkey's Prime Minister Tayyip Erdogan poses with his deputy Bekir Bozdag and Head of Turkey's Religious Affairs Directorate Mehmet Gormez for a group photo during a summit in IstanbulISTANBUL (Reuters) - Turkey's ruling party is pushing through parliament a reform abolishing the special courts used in coup conspiracy cases against hundreds of military officers, Deputy Prime Minister Bekir Bozdag said on Saturday. "The proposal is ready and will be submitted today," said Bozdag, of the Justice and Development Party (AK Party), state-run Anatolia agency reported. The change in regulation was expected to take place late on Saturday. However, the reform is not expected to affect the ongoing trials of hundreds of people accused of links to coup plots or to Kurdish militants. ...


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Britain seeks Security Council sanctions on Syria
Sat,30 Jun 2012 05:27 AM PDT
Reuters - GENEVA (Reuters) - British Foreign Secretary William Hague called on Saturday for the United Nations Security Council to start drafting a resolution next week setting out sanctions against Syria. Hague, in a speech to a ministerial meeting in Geneva, obtained by Reuters, also said Syrian President Bashar al-Assad and his close associates could not lead a transition. Accountability for crimes must be part of such a process, he said. "The steps that we agree today and here I disagree with my (Russian) colleague Sergei Lavrov, will require swift endorsement from the U.N. ... Full Story
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Saturday, June 30, 2012

Health News: [body]


Shiffrin: Finances an issue for Cape Coast Conference
The Bay Bulletin Sat, 30 Jun 2012 22:17 PM PDT
Merritt Island principal Gary Shiffrin speaks to 2012 graduates. / Rik Jesse/FLORIDA TODAY For more than three decades, Merritt Island principal Gary Shiffrin was commissioner of the Cape Coast Conference, the sports governing body for Brevard County’s 14 neighborhood public schools.

Local Briefs 07/01/12
Leader-Telegram Sat, 30 Jun 2012 22:08 PM PDT
Posted: Sunday, July 1, 2012 12:00 am | Updated: 8:45 pm, Sat Jun 30, 2012. ELLSWORTH - The body of a man who fell from his boat into the St. Croix River and disappeared Tuesday has been recovered.

Mystery of gold star flag revealed
MyCentralJersey.com Sat, 30 Jun 2012 22:04 PM PDT
When the body of Navy Corpsman William Winfield Colgan, who was killed in action in World War II, returned home, his family noticed something different about the flag that had been draped over his coffin.

suntimes.co.za
Sunday Times Sat, 30 Jun 2012 22:02 PM PDT
Want to lose weight and add muscle to your body? We have the reading and equipment you need to be successful and all your beauty needs are all here also.

Jacksonville Beach man's battling to recover from rare, near-fatal bacteria
The Florida Times-Union Sat, 30 Jun 2012 21:16 PM PDT
Steven Walker has been locked in a life-or-death battle against an enemy he could not see as it ravaged his body.

Death of CT man at Music Festival not believed suspicious
9&10 News Cadillac Sat, 30 Jun 2012 20:09 PM PDT
State police say the death of a 37 year old man at the Electric Forest Music Festival Friday does not appear to be suspicious. The body of 37 year old Michael Benway, Junior of New Haven, Connecticut

Law may shut state's one abortion clinic
CNN Sat, 30 Jun 2012 19:55 PM PDT
A state law that goes into effect Sunday adds requirements for abortion providers and could make Mississippi the first abortion-free state. "I want to say over my dead body, but I'm afraid," said clinic owner Diane Derzis.

Futures rally on surprise EU agreement
Deepika Sat, 30 Jun 2012 19:14 PM PDT
NEW YORK, Jun 29 (Reuters) U.S. stock index futures jumped on Friday after euro zone leaders agreed to allow rescue funds to be used to stabilize the region's banks. * Details of the agreement, which includes the creation of a single supervisory body for euro area banks, remain to be worked out.

New state laws focus on cars, ducks and tattoos
San Bernardino Sun Sat, 30 Jun 2012 18:48 PM PDT
SACRAMENTO - Car buyers, ducks and geese, and those in search of tattoos or body piercing all get increased protections under new laws that take effect today.




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Health News: [heart]


Automated CPR device helps medics, patients
McDuffie Mirror Sat, 30 Jun 2012 21:17 PM PDT
A new technology gives area medics a helping hand in performing potentially lifesaving CPR. Gold Cross Emergency Medical Service recently purchased the LUCAS 2 automated chest compression systems for ambulances in Columbia, Richmond and Burke counties. When a patient goes into cardiac arrest, CPR provides the steady circulation needed to supply oxygen to the heart and brain. But CPR often proves ...

Thousands of Illinoisans to be affected by Medicaid cuts
The State Journal-Register Sat, 30 Jun 2012 21:14 PM PDT
Beginning today, Larry Bonner must make sure he gets prior approval from the state to continue receiving the prescription drugs he needs for chronic pain, asthma, arthritis, diabetes, heart problems and mental illness.

Alex Trebek is ‘up and about’ after his heart attack
TheCelebrityCafe.com Sat, 30 Jun 2012 20:26 PM PDT
Even after a heart attack, Alex Trebek seems to be fine. read more

Utica police respond to two bath salts cases
WKTV Utica Sat, 30 Jun 2012 19:31 PM PDT
UTICA, N.Y.(WKTV) Utica police responded to a home on Stephens Dr. in North Utica Friday night after a 20 year old man called 911, claiming he was having a heart attack from using bath salts.

3 ways to break out this weekend
Reno Gazette-Journal Sat, 30 Jun 2012 19:23 PM PDT
On Saturday, join in the semi-annual homeless event at the Community Assistance Center, 335 Record St. Heart for the Hungry hosts a barbecue for the homeless beginning about 11 a.m. and We Care Volunteers give away haircuts and toiletries for the homeless from noon to 4 p.m. Occupy Reno volunteers take over for the serving shift beginning about 2 p.m. Volunteers â€" hair stylists and others â€" and ...

Heart Attack? What Heart Attack?!? We Don' Need No Schtinkin' Hea...
Gather Sat, 30 Jun 2012 19:18 PM PDT
Nutz! Who am I kiddin', here? The cardiologist stopped by and we talked about th' Luvly Laura's condition, viz : Dr. Man: "We think Laura's heart attack happened about a week ago. . . .

High court upholds Obama health reforms
BigPond News Sat, 30 Jun 2012 18:37 PM PDT
The US Supreme Court has upheld the heart of President Barack Obama's health care overhaul.

US high court upholds health reforms
BigPond News Sat, 30 Jun 2012 18:30 PM PDT
The US Supreme Court has upheld the heart of President Barack Obama's health care overhaul.




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