Archive for April, 2012

Exclusive: China mulls guarantees for ships carrying Iran oil

Posted on 30. Apr, 2012 by .

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BEIJING (Reuters) – China is considering sovereign guarantees for its ships to enable the world’s second-biggest oil consumer to continue importing Iranian crude after new EU sanctions come into effect in July, the head of China’s shipowners’ association said.

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Law firm Dewey dumps executive; talks with rival end

Posted on 30. Apr, 2012 by .

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NEW YORK (Reuters) – Embattled law firm Dewey & LeBoeuf said on Sunday it removed its former chairman from various leadership positions amid a probe by the Manhattan district attorney and said that talks with rival firm Greenberg Traurig about a potential transaction ended with no deal.

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Iran hopes for “successful” nuclear talks with U.N

Posted on 30. Apr, 2012 by .

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VIENNA (Reuters) – An Iranian envoy voiced hope on Monday that talks with the U.N. nuclear watchdog in mid-May would help resolve “outstanding issues”, but he again ruled out any halt to the Islamic state’s controversial uranium enrichment program.

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Suu Kyi’s party ends boycott of Myanmar’s parliament

Posted on 30. Apr, 2012 by .

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YANGON (Reuters) – Myanmar opposition leader Aung San Suu Kyi agreed on Monday to end her party’s boycott of parliament, setting aside her first major dispute with the government since winning by-elections and clearing the way for what could be an acceleration of reforms.

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Obama, Romney tweak strategies for tight race this fall

Posted on 30. Apr, 2012 by .

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WASHINGTON (Reuters) – After months of casting Republican Mitt Romney as someone who often changes positions for political convenience, President Barack Obama’s campaign is calling Romney a far-right conservative – a contradictory set of messages that essentially invites voters to decide what they don’t like about Romney.

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Deadly bombs in Syria’s Idlib target security

Posted on 30. Apr, 2012 by .

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BEIRUT (Reuters) – At least eight people, mostly Syrian military personnel, were killed and about 100 wounded on Monday in bomb blasts at security buildings in Idlib, state media said, as a bombing campaign intensified against government targets.

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Barnes & Noble stock soars on Microsoft Nook stake

Posted on 30. Apr, 2012 by .

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(Reuters) – Microsoft Corp has agreed to invest $300 million in Barnes & Noble Inc’s Nook digital-book business and college texts, in a deal that helps establish the value of the popular Nook business while giving Microsoft a foothold in the e-book market.

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U.S. data points to weaker economic momentum

Posted on 30. Apr, 2012 by .

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WASHINGTON (Reuters) – U.S. consumers boosted spending only modestly last month and a gauge of Midwestern business activity fell sharply in April, suggesting the economy entered the second quarter with less steam.

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Spain in recession as austerity bites deep

Posted on 30. Apr, 2012 by .

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MADRID (Reuters) – Spain sank into recession in the first quarter and economists said spending cuts aimed at meeting strict EU deficit limits, together with a reeling bank sector, would delay any return to growth until late this year or beyond.

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U.S. eyes testy China talks, Chen backer expects Chinese decision

Posted on 30. Apr, 2012 by .

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WASHINGTON (Reuters) – The United States faces a tense week in China as high-level talks on trade and global hot spots like Iran and North Korea open in the shadow of a blind Chinese activist’s bold escape from house arrest to seek U.S. protection in Beijing.

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