Dec
12

India factory output surges 8.2%

12 December 2012 Last updated at 01:49 ETIndia’s industrial output rose more than expected in October, boosted by increased demand during the festive season in the country.Factory output rose 8.2% from a year earlier. Most analysts had forecast a rise of 4.5%.Manufacturing activity, which accounts for almost two-thirds of overall output, rose 9.6% from a year earlier.Analysts said the data was also...
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Dec
11

Egypt army given temporary power to arrest civilians

CAIRO (Reuters) – Egypt’s Islamist president has given the army temporary power to arrest civilians during a constitutional referendum he is determined to push through despite the risk of bloodshed between his supporters and opponents accusing him of a power grab.Seven people were killed and hundreds wounded last week in clashes between the Islamist Muslim Brotherhood and their critics besieging Mohamed...
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“Homeland” creator: Stop using animals in military training

LOS ANGELES (TheWrap.com) – “Homeland” executive producer Gideon Raff is urging a cease-fire between the U.S. military and the animal kingdom.Joining with the People for the Ethical Treatment of Animals, Raff has sent a letter to U.S. Secretary of Defense Leon Panetta, asking him to halt the use of animals in medical training exercises in favor of high-tech human simulators.In his letter, Raff – a...
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FDA expands approval of J&J prostate cancer drug

WASHINGTON (AP) — The Food and Drug Administration on Monday expanded approval of Johnson & Johnson‘s prostate cancer pill Zytiga for men with an earlier stage of the disease.The agency says Zytiga is now approved for late-stage prostate cancer patients who have not yet received chemotherapy, based on study results showing it can extend life by up to five months when taken by men in that group.The...
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S.Africa’s rand, bonds edge up ahead of data

JOHANNESBURG (Reuters) – South Africa’s rand firmed marginally on Tuesday ahead of a slew of domestic economic data but stayed within its recent trading range, awaiting further direction from global markets.The rand was trading at 8.6700 against the dollar at 0640 GMT from Tuesday’s close of 8.6725.“The data today will not have much impact on the rand. We will continue to look at international factors,”...
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Dec
10

EU leaders in Norway to pick up Nobel Peace Prize

OSLO, Norway (AP) — European Union leaders on Sunday hailed the achievements of the 27-nation bloc, but acknowledged they need more integration and authority to solve problems, including its worst financial crisis, as they arrived in Norway to pick up this year’s Nobel Peace Prize.Conceding that the EU lacked sufficient powers to stop the devastating 1992-95 Bosnia war, European Commission President...
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RIM offers biggest clients incentives to adopt BB10

TORONTO (Reuters) – Research In Motion Ltd on Thursday outlined a program of incentives to encourage its biggest customers to run its soon-to-launch line of BlackBerry 10 devices, seeking to persuade corporations and government users to stick with its secure smartphones.RIM is betting that the devices, to be launched on January 30, will revive its fortunes. That will depend to a large extent on the...
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U.S.-Mexican singer Jenni Rivera dies in plane crash

MEXICO CITY (Reuters) – Mexican-American singer Jenni Rivera died in a plane crash after the small jet she was travelling in went down in northern Mexico, her father said on Sunday.A spokesman for the state government of Nuevo Leon said investigators had found the remains of Rivera’s Learjet, which disappeared from the radar 62 miles from the northern city of Monterrey at about 3:30 a.m. local time/4.30...
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Obama met with Boehner on Sunday over fiscal cliff: aides

WASHINGTON (Reuters) – President Barack Obama met with Republican Speaker of the House of Representatives John Boehner on Sunday at the White House to negotiate ways to avoid the “fiscal cliff,” according to White House officials and a congressional aide.The two sides declined to provide further details about the unannounced meeting. Obama and Boehner aides used the same language to describe it.“This...
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India’s Strange Obsession With Hitler

All that remains of the sign above the Hitler clothing store in Ahmedabad, India, is the swastika that used to dot its “i.” Citing cultural insensitivity, the municipality tore it down on Oct. 30 after the store’s owners refused to change it. Rajesh Shah, a co-owner of the shop, which opened in August, is flummoxed. “We are popular because of the name,” he says. “Our customers were not upset...
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