Bernanke named Time magazine's Person of the Year (Reuters) Posted: 16 Dec 2009 02:45 PM PST Reuters - Federal Reserve Chairman Ben Bernanke was named Person of the Year by Time magazine on Wednesday, giving him a high-profile boost as he tries to fend off proposals that might weaken the Fed's independence. |
FEATURE - Sehwag proves his worth for India (Reuters) Posted: 16 Dec 2009 04:29 PM PST Reuters - Virender Sehwag is enjoying sensational form for India, thanks to his faith in his own natural aggression after an injury break as well as unusually cautious starts. |
Tapes key to Galleon case, Khan's lawyer says (Reuters) Posted: 16 Dec 2009 02:29 PM PST Reuters - Indicted Galleon hedge fund founder Raj Rajaratnam and his lawyers should "listen to the tapes" of government wiretaps in a wide-ranging insider trading probe, a lawyer for government cooperator Roomy Khan said on Wednesday. |
World leaders try to save troubled climate talks (Reuters) Posted: 16 Dec 2009 05:28 AM PST Reuters - World leaders took the stage at the largest ever climate talks on Wednesday as ministers scrambled to rescue troubled negotiations on a pact to avoid dangerous global warming. |
Tiger's troubles may be silver lining for sponsors (Reuters) Posted: 16 Dec 2009 10:54 AM PST Reuters - Nike Inc, Adidas AG and other companies may cut their spending on sports sponsorships after the unrelenting media coverage of pro golfer Tiger Woods' marital infidelity, a Credit Suisse analyst said on Wednesday. |
Murali and Fernando to miss rest of Indian series (Reuters) Posted: 16 Dec 2009 05:36 AM PST Reuters - Sri Lanka spinner Muttiah Muralitharan and fast bowler Dilhara Fernando will miss the rest of the one-day series in India because of injury. |
Time Warner to acquire NDTV Imagine (Reuters) Posted: 16 Dec 2009 04:23 PM PST Reuters - Time Warner Inc on Wednesday said it will buy NDTV Imagine Limited (Imagine) from NDTV Networks Plc, an indirect subsidiary of NDTV Ltd for $126.5 million, further expanding its international reach. |
FEATURE - Sri Lanka's tsunami village triumphs after tragedy (Reuters) Posted: 15 Dec 2009 11:11 PM PST Reuters - When the Indian Ocean tsunami hit five years ago, Sri Lanka's coastal inhabitants believed they would never recover from the misery, death and destruction that the tragedy brought. |
Bharti eyes Bangladesh deal after MTN failures (Reuters) Posted: 16 Dec 2009 05:45 AM PST Reuters - Leading Indian telecom Bharti Airtel plans to buy Bangladesh's Warid Telecom for a reported $900 million from Abu Dhabi Group, indicating a shift in focus to smaller targets after its planned $24 billion merger with South Africa's MTN failed. |
Protest erupts in parliament over inflation (Reuters) Posted: 16 Dec 2009 01:37 AM PST Reuters - Lawmakers walked out of parliament on Wednesday protesting against inflation, as the opposition piled up pressure on the government to curb rising prices and threatened to carry out street protests. |
Bank staff strike work to protest consolidation (Reuters) Posted: 16 Dec 2009 03:38 AM PST Reuters - About 400,000 bank employees went on strike on Wednesday to protest merging state-owned banks, partially affecting cash transactions and clearing operations, a bank union official said. |
Chevron lands Chubu gas deal, Gorgon sale near end (Reuters) Posted: 16 Dec 2009 02:22 PM PST Reuters - Chevron Corp said on Wednesday it closed a deal with Japan's Chubu Electric Power Co for about a fifth of the U.S. oil major's share of natural gas from the massive Gorgon project in Australia. |
ICC could discuss test championship proposal in February (Reuters) Posted: 16 Dec 2009 11:01 AM PST Reuters - A proposal for a world test cricket championship could be discussed in February, International Cricket Council (ICC) chief executive Haroon Lorgat said on Wednesday. |
Tata Motors denies interest in Swaraj Mazda (Reuters) Posted: 16 Dec 2009 04:07 AM PST Reuters - Tata Motors, India's leading vehicle maker, on Wednesday denied it had any interest in acquiring a stake in Indian truck and bus maker Swaraj Mazda. |
India says Kyoto climate pact in "intensive care" (Reuters) Posted: 16 Dec 2009 04:53 AM PST Reuters - The Kyoto Protocol which binds nearly 40 rich nations to limit carbon emissions is in "intensive care" and global negotiations to extend the pact have stalled, India's environment minister said on Wednesday. |
Myanmar junta lets Suu Kyi meet party elders (Reuters) Posted: 16 Dec 2009 01:10 AM PST Reuters - Detained Myanmar opposition leader Aung San Suu Kyi was briefly allowed out of her home on Wednesday by the military government to meet senior members of her party and one said they had agreed to changes in the party leadership. |
WITNESS - Failed state? Try Pakistan's M2 motorway (Reuters) Posted: 15 Dec 2009 07:17 PM PST Reuters - If you want a slice of peace and stability in a country with a reputation for violence and chaos, try Pakistan's M2 motorway. |
Police hold 230 as climate protesters storm barricades (Reuters) Posted: 16 Dec 2009 04:45 AM PST Reuters - Danish police detained 230 people on Wednesday as protesters stormed barricades around a global climate summit and a handful briefly broke through, witnesses and a police spokesman said. |
PM adviser: RBI may tighten in Dec - report (Reuters) Posted: 15 Dec 2009 10:05 PM PST Reuters - The Reserve Bank of India may tighten monetary policy in December as inflation could rise to near 7 percent in March, the prime minister's economic adviser, C. Rangarajan, was quoted as saying by www.expressindia.com, citing a newsagency agency report. |
Export growth sustainable in coming months - minister (Reuters) Posted: 15 Dec 2009 11:31 PM PST Reuters - India's export growth is sustainable in the coming months, Trade Minister Anand Sharma told reporters on Wednesday. |