March 22, 2012
DOHA (Reuters) – Al Jazeera’s signal across the Middle East and North Africa was plagued by jamming on Sunday, the Arab satellite broadcaster said, and Lebanon said the electronic interference was coming from Libya.
Al Jazeera, whose coverage of the regional political unrest has been widely watched in the Arab world, first reported jamming on Friday [...]
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CHICAGO/WASHINGTON (Reuters) – The U.S. Justice Department’s antitrust division is probing whether third-party ticket-sellers violated antitrust law, with American Airlines, U.S. Airways, and Travelocity owner Sabre saying they have been contacted as part of the investigation.
Neither the Justice Department nor any of the companies involved in the investigation would provide specific information on the probe.
Cost-conscious [...]
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FRANKFURT (Reuters) – German regulator Bafin on Friday signaled it was not ready to broaden a existing ban on naked short selling to include all forms of short sales on Friday.
“We are montoring the situation closely but see no irregularities in the market at present,” a spokeswoman for the German regulator said on Friday.
Short-selling is [...]
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March 21, 2012
TOKYO (Reuters) – Bank of Japan Governor Masaaki Shirakawa said on Tuesday the chance of Japan’s economy resuming a moderate recovery is heightening.
“Japan’s economy is making steady progress toward achieving our forecast made in January,” Shirakawa told a news conference.
Shirakawa said the BOJ saw upside and downside risks to Japan’s economy roughly in balance.
Earlier on [...]
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CHICAGO (Reuters) – Kraft Foods Inc is planning to split into two companies, one focused on North American groceries and one on global snacks.
Below are key facts about the two businesses.
GLOBAL SNACKS:
– Revenue: $32 billion
– Brands include Oreo and Lu cookies, Cadbury and Milka chocolates, Trident chewing gum, Jacobs coffee and Tang drink mix.
– Focus: [...]
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FRANKFURT (Reuters) – Growth in lending to the euro zone’s private sector remained steady at 2.5 percent in September, while money supply growth accelerated, data from the European Central Bank showed on Thursday, tempering expectations for a swift interest rate cut.
The flow of loans to firms was 16 billion euros higher than in August, after [...]
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CHICAGO (Reuters) – President Barack Obama’s campaign set a goal of raising $60 million in the fourth quarter of the year to benefit the Democratic incumbent’s re-election and the Democratic National Committee, a campaign official said on Saturday.
Obama’s campaign, together with the Democratic National Committee, had raised roughly $155 million through the end of September.
If [...]
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Washington (Reuters) – President Barack Obama, in an abrupt policy shift aimed at quelling an election-year firestorm, announced on Friday that religious employers would not be required to offer free birth control to workers and the onus would instead fall on insurers.
But Catholic Church leaders and Obama’s Republican foes – who had railed against the [...]
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NEW YORK – (Reuters) – Former investment banking powerhouse Lehman Brothers Holdings Corp received court approval on Tuesday to exit bankruptcy early next year.
Once the fourth-largest U.S. investment bank and brokerage, Lehman is now a collection of assets, real estate and investments. This latest court milestone clears the way for the sale of these assets.
Many [...]
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News Desk: Anti-graft crusader Anna Hazare once again attacked the government and demanded death sentence for the Mps and MLAs who are involved in bribery. The reaction came after former SP leader Amar Singh was arrested in cash-for-votes scam.
“If any candidate takes or gives money in Vidhan Sabha or Parliament for asking questions or voting, [...]
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