Archive for July, 2012

Syrian aircraft strike Aleppo, rebels claim successes

Posted on 31. Jul, 2012 by .

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ALEPPO, Syria (Reuters) – Syrian combat aircraft and artillery pounded two areas of Aleppo on Tuesday as the army battled for control of the country’s biggest city, but rebel fighters said troops loyal to President Bashar al-Assad had been forced to retreat.

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ECB on course to act strongly or disappoint mightily

Posted on 31. Jul, 2012 by .

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FRANKFURT (Reuters) – European Central Bank President Mario Draghi must back up his pledge to do what it takes to protect the euro when the bank’s policymakers meet on Thursday or else face deep disappointment from investors hungry for – and expecting – immediate action.

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Manchester United sets IPO terms

Posted on 31. Jul, 2012 by .

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(Reuters) – English soccer team Manchester United set the terms for its U.S. initial public offering on Monday saying it will offer 16.67 million shares at between $16 and $20 each, which values the club at $3.3 billion at the top of the range.

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Romney chides Russia on last leg of bumpy foreign tour

Posted on 31. Jul, 2012 by .

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WARSAW (Reuters) – U.S. presidential candidate Mitt Romney held up Poland’s transition from Communism to democracy as an example for the rest of the world while saying on Tuesday that Russia had faltered on the path to freedom.

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Second India blackout in two days cuts power to 670 million

Posted on 31. Jul, 2012 by .

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NEW DELHI (Reuters) – Grids supplying electricity to half of India’s 1.2 billion people collapsed on Tuesday, trapping coal miners, stranding train travelers and plunging hospitals into darkness in the second major blackout in as many days.

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Jury selected in Apple, Samsung patent trial

Posted on 31. Jul, 2012 by .

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SAN JOSE, California (Reuters) – An insurance agent, an unemployed video game enthusiast and a project manager for wireless carrier AT&T were among the 10 jurors selected to decide a high-stakes U.S. patent battle between Apple Inc and Samsung Electronics Co Ltd, with billions of dollars in the balance.

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Colorado shooting suspect charged with first-degree murder

Posted on 31. Jul, 2012 by .

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CENTENNIAL, Colo. (Reuters) – The former graduate student accused of opening fire at a midnight screening of the new “Batman” film in Colorado, killing 12 people, was charged on Monday with 24 counts of first-degree murder, making him eligible for the death penalty if convicted.

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Obama warns of economic “headwinds,” sees euro surviving

Posted on 31. Jul, 2012 by .

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NEW YORK (Reuters) – President Barack Obama warned on Monday the U.S. economy would face continuing “headwinds” over the next few months, with Europe’s debt crisis still posing a challenge, but predicted the euro zone and its currency would remain intact.

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Consumer confidence rises in July

Posted on 31. Jul, 2012 by .

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NEW YORK (Reuters) – Consumer confidence unexpectedly rose in July as Americans were more optimistic about the short-term outlook than they were about their current conditions, according to a private sector report released on Tuesday.

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Syrian army pounds Aleppo, rebels claim successes

Posted on 31. Jul, 2012 by .

0

ALEPPO, Syria (Reuters) – Syrian helicopter gunships and artillery pounded two key areas of Aleppo on Tuesday, extending the army’s campaign to control the country’s biggest city, but rebel fighters said troops loyal to President Bashar al-Assad had been forced to retreat.

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