Sri Lanka war victims sue Rajaratnam in U.S. court (Reuters) Posted: 22 Oct 2009 11:13 AM PDT Reuters - Accused hedge fund billionaire Raj Rajaratnam and his family's foundation were sued in a U.S. court on Thursday over allegations that they provided $5 million to Tamil Tigers militants in his native Sri Lanka's civil war. |
Obama not doing enough on climate change - Pachauri (Reuters) Posted: 22 Oct 2009 10:53 AM PDT Reuters - U.S. President Barack Obama should do much more to ensure Congress passes a greenhouse emissions bill, giving global climate talks a major boost, the head of the U.N. Climate Change Panel said on Thursday. |
Dalai Lama to visit disputed Indian state on Nov.8 (Reuters) Posted: 22 Oct 2009 09:11 AM PDT Reuters - The Dalai Lama, Tibet's exiled leader, will make a week-long visit to Arunachal Pradesh, his aide said on Thursday, a trip that is bound to upset Beijing, which claims part of the territory as its own. |
U.N. suggests 2020 climate goals for poor (Reuters) Posted: 22 Oct 2009 09:42 AM PDT Reuters - A top U.N. official suggested a 2020 greenhouse gas goal for developing nations on Thursday as part of a new U.N. climate pact as China and the United States sought common ground to fight global warming. |
Congress party wins state polls - TV (Reuters) Posted: 22 Oct 2009 07:50 AM PDT Reuters - India's ruling Congress party-led alliance won two state polls on Thursday and were set to form the government in a third, local television said, a result that gives more room for the alliance to push economic reforms. |
Accused Galleon fund founder meets bond conditions (Reuters) Posted: 22 Oct 2009 11:00 AM PDT Reuters - Billionaire Galleon hedge fund founder Raj Rajaratnam, criminally charged in what U.S. authorities describe as the biggest hedge fund insider trading case ever, met the conditions of his $100 million bond on Thursday, a spokesman said. |
Nokia sues Apple for patent infringement (Reuters) Posted: 22 Oct 2009 09:12 AM PDT Reuters - The world's top cellphone maker Nokia Oyj filed a lawsuit on Thursday against smaller rival Apple, claiming the U.S. firm's iPhone infringes ten technology patents of Nokia. |
Reliance Ind buying costly gas for refinery - lawyer (Reuters) Posted: 22 Oct 2009 07:59 AM PDT Reuters - Energy major Reliance Industries is paying more to import liquefied natural gas to power its refinery in western India than if it were allowed to receive gas from its own field, a lawyer for the firm said on Thursday. |
Microsoft launches Windows 7, eyes PC sales rebound (Reuters) Posted: 22 Oct 2009 10:52 AM PDT Reuters - Microsoft Corp launched Windows 7 on Thursday, its most important release in more than a decade, aiming to win back customers disappointed by Vista and strengthen its grip on the PC market. |
Infosys' Murthy sells shares to set up venture fund (Reuters) Posted: 22 Oct 2009 06:21 AM PDT Reuters - Infosys Technologies co-founder and chairman N.R. Narayana Murthy has sold company shares worth $37 million to set up a venture capital fund, the company said on Thursday. |
India, Brazil to take EU to court in generics row (Reuters) Posted: 22 Oct 2009 09:57 AM PDT Reuters - India and Brazil are to launch a trade dispute at the World Trade Organisation (WTO) against the European Union in their long-running row over EU seizures of generic drugs, senior diplomats said on Thursday. |
Manmohan Singh seeks global hub for climate technology research (Reuters) Posted: 22 Oct 2009 02:40 AM PDT Reuters - Prime Minister Manmohan Singh on Thursday called for a global centre to coordinate research on clean-energy technology, saying innovations should be viewed as "public goods" that poorer countries could afford. |
Galleon managers in Asia explore buyout of fund - sources (Reuters) Posted: 22 Oct 2009 04:21 AM PDT Reuters - The managers of Galleon's $500 million Asia fund are exploring a possible buyout of the unit, sources told Reuters on Thursday, as the Singapore-based traders strive to keep investors on board after redemption requests. |
CBI probing spectrum distribution (Reuters) Posted: 22 Oct 2009 04:14 AM PDT Reuters - India's central investigating agency is conducting a search in the offices of the telecoms ministry to probe the manner in which wireless radio spectrum was given to telecommunications firms, a spokesman for the agency said on Thursday. |
Russia, India to study rouble/rupee use in trade (Reuters) Posted: 22 Oct 2009 07:00 AM PDT Reuters - Russia and India have agreed to study the possibility of using national currencies in bilateral trade, Russia's central bank said in a statement on Thursday. |
Controversial Mosley era to end with Paris vote (Reuters) Posted: 22 Oct 2009 07:15 AM PDT Reuters - Max Mosley's long and controversial reign at the helm of Formula One's governing body will end on Friday when either ex-Ferrari boss Jean Todt or former world rally champion Ari Vatanen takes over. |
Inflation up, but no rate hike seen (Reuters) Posted: 22 Oct 2009 05:56 AM PDT Reuters - India's headline inflation rose at a faster-than-expected pace by mid October to its highest level in 20 weeks, but government officials and analysts expect the Reserve Bank to leave rates unchanged at its policy review next week. |
Pakistan braces for attacks as offensive continues (Reuters) Posted: 22 Oct 2009 04:48 AM PDT Reuters - Suspected Taliban militants shot and killed a Pakistani army brigadier and his driver in the capital on Thursday as the military continued a major offensive against the insurgents in their strongholds near the Afghan border. |
Panel urges changes to World Bank top structures (Reuters) Posted: 21 Oct 2009 09:40 PM PDT Reuters - A high-level commission on the World Bank on Thursday called for sweeping changes to reflect the world's new economic order and said European countries are overrepresented in the decision-making executive board. |
INTERVIEW - Indian silver appetite sharpened by record gold (Reuters) Posted: 21 Oct 2009 09:01 PM PDT Reuters - Record high gold prices above $1,000 an ounce may encourage more Indian buyers to turn to much cheaper silver, a senior trade official from the world's top bullion consuming country said on Thursday. |