Archive for February, 2010

UK’s Pru plans $20 bln rights offering -source

NEW YORK, Feb 28 (Reuters) – Britain’s Prudential Plc
plans to do a rights offering of about $20 billion to
finance a $35.5 billion purchase of American International
Group’s Asian life insurance unit, a source familiar
with the situation said on Sunday.

Click Here To View Complete Source Article.

  • Share/Bookmark

Tragedy, glitches and glory at star-crossed games (AP)

AP – These Olympics will be remembered for all the wrong reasons.

Click Here To View Complete Source Article.

  • Share/Bookmark

UPDATE 2-Germany’s Merck to buy Millipore in $7.2 bln deal

* Merck KGaA will fund deal from own cash and debt
(Adds details, background)

Click Here To View Complete Source Article.

  • Share/Bookmark

Video: Resuscitating Health Care Bill

Resuscitating the health care reform bill was the focus of President Obama’s much publicized Blair House Summit. Political analyst John Dickerson speaks with Russ Mitchell about health care reform.

Click Here To View Complete Source Article.

  • Share/Bookmark

Blaming the weather for high unemployment

WASHINGTON (Reuters) – Snowstorms have repeatedly battered parts of the United States this winter, making it more difficult to discern returning weakness in the economy from

Click Here To View Complete Source Article.

  • Share/Bookmark

Crosby’s goal wins gold, Canada beats US 3-2 in OT (AP)

AP – This was the best possible way to end the Olympics for Canada.

Click Here To View Complete Source Article.

  • Share/Bookmark

Lakers get first win over Nuggets with second-half comeback

LOS ANGELES (Reuters) – The NBA champion Los Angeles Lakers produced a second half comeback to beat the Denver Nuggets 95-89 Sunday, and their first victory over their Western Conference rivals this season.

Click Here To View Complete Source Article.

  • Share/Bookmark

Senate financial reform talks snag on watchdog

WASHINGTON (Reuters) – Bipartisan agreement in the Senate on financial reform hit a snag on how much power to give a consumer watchdog office being proposed by Democrats, with marathon talks resuming on Sunday.

Click Here To View Complete Source Article.

  • Share/Bookmark

Louisville stunts UConn’s charge with 78-76 road triumph

Edgar Sosa’s driving layup with 8 seconds left gave Louisville a 78-76 victory over Connecticut on Sunday, adding another conference road win …

Click Here To View Complete Source Article.

  • Share/Bookmark

PM’s ’sorry routine’ an escape ploy: Abbott

Prime Minister Kevin Rudd’s admission that the Government deserves a "whacking" from voters is simply a ploy to gain headlines, Opposition Leader Tony Abbott says.
Click Here To View Complete Source Article.

  • Share/Bookmark

Low-key Canadians exit Games on a gold medal high

VANCOUVER (Reuters) – For Canada, a country always in the shadow of its bigger, brasher, richer neighbor to the south, the idea of being best in anything was always something of a stretch.

Click Here To View Complete Source Article.

  • Share/Bookmark

UPDATE 1-AIG board approves Asian life unit sale to Pru

* Deal could be announced as soon as Monday
(Adds company reactions, background, byline)

Click Here To View Complete Source Article.

  • Share/Bookmark

Clinton to make Chile stop despite earthquake

WASHINGTON (Reuters) – Secretary of State Hillary Clinton will pay a short visit to Chile this week as part of her Latin American tour despite the massive earthquake that hit the country, a senior U.S. official said on Sunday.

Click Here To View Complete Source Article.

  • Share/Bookmark

Credit unions: Lift cap on small-business loans

Credit unions want Congress to raise limit on loans to small businesses.

Click Here To View Complete Source Article.

  • Share/Bookmark

"Shutter Island" still captivates moviegoers

LOS ANGELES (Reuters) – Martin Scorsese’s suspense thriller “Shutter Island” led the North American box office for a second consecutive weekend on Sunday, while “Avatar” was the top choice internationally for an 11th weekend.

Click Here To View Complete Source Article.

  • Share/Bookmark

Rio Tinto to lift stake in Ivanhoe Mines

SYDNEY (Reuters) – Global miner Rio Tinto will increase its stake in Canada’s Ivanhoe Mines by 2.7 percent to 22.4 percent at a cost of C$244.7 million ($232.8 million), the company said on Monday.

Click Here To View Complete Source Article.

  • Share/Bookmark

HSBC, Standard CEOs to donate bonuses -report

LONDON (Reuters) – The chief executives of HSBC Holdings , Europe’s biggest bank, and Asia-focused rival Standard Chartered are set to give their bonuses to charity, newspapers reported on Sunday, following a high-profile row over the sums paid to bankers.

Click Here To View Complete Source Article.

  • Share/Bookmark

North Carolina gets much-needed win with upset of No. 6 Duke

Cetera DeGraffenreid scored 20 of her 22 points in the second half to help North Carolina upset No. 6 Duke 64-54 and earn a needed victory for …

Click Here To View Complete Source Article.

  • Share/Bookmark

Obama, Canada’s Harper bet beer on ice hockey

VANCOUVER (Reuters) – President Barack Obama and Canadian Prime Minister Stephen Harper unwittingly provided support for the popular belief that politicians cannot organize a booze-up in a brewery when they mixed up a simple wager on the outcome of Sunday’s Olympic ice hockey final.

Click Here To View Complete Source Article.

  • Share/Bookmark

Obama’s Democrats voice new confidence on healthcare

WASHINGTON (Reuters) – Democratic leaders in the Congress voiced confidence on Sunday they will have the votes, possibly within a couple of months or so, to pass landmark legislation to overhaul the healthcare system.

Click Here To View Complete Source Article.

  • Share/Bookmark

Quake, tsunamis kill more than 700 in Chile

CONCEPCION, Chile (Reuters) – A massive earthquake and tsunamis killed 350 people in one Chilean coastal town, pushing the total death toll higher Sunday as the government tried to get aid to hungry survivors and halt looting.

Click Here To View Complete Source Article.

  • Share/Bookmark

Olympic ice hockey showdown

Feb. 28 – Demand for tickets to the gold medal men’s ice hockey clash between Canada and the United States pushes prices through the roof.

Click Here To View Complete Source Article.

  • Share/Bookmark

Panda pigs out on meat feast

Feb. 28 – A hungry panda helps himself to scraps of meat after breaking into a villager’s pig pen in China in search of food.

Click Here To View Complete Source Article.

  • Share/Bookmark

Olympic aid for Georgian luger

Feb. 28 – Athletes at the Winter Olympics raise funds for the family of the Georgian luger killed on a training run in Vancouver.

Click Here To View Complete Source Article.

  • Share/Bookmark

ETA chief caught in France

The leader of armed Basque separatists ETA was caught on Sunday in northern France, the Spanish Interior Ministry said, in what was the latest blow to a group weakened by hundreds of arrests.
Click Here To View Complete Source Article.

  • Share/Bookmark