A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.
A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date.
DUBAI (Reuters) - United Nations nuclear chief Yukiya Amano started talks with senior Iranian officials on Monday, Iranian media reported, on a one-day visit to Tehran that diplomats say could lead to an agreement for further inspections of Iranian nuclear sites. Hours after his pre-dawn arrival in Tehran, Amano met the head of Iran's nuclear energy organization, Fereydoun Abbasi-Davani, ISNA news agency reported. No further details were immediately available on their discussions. ...
DUBAI (Reuters) - United Nations nuclear chief Yukiya Amano started talks with senior Iranian officials on Monday, Iranian media reported, on a one-day visit to Tehran that diplomats say could lead to an agreement for further inspections of Iranian nuclear sites. Hours after his pre-dawn arrival in Tehran, Amano met the head of Iran's nuclear energy organization, Fereydoun Abbasi-Davani, ISNA news agency reported. No further details were immediately available on their discussions. ...
Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.
SANAA (Reuters) - At least 20 people were killed and more than 60 wounded when a man in soldier's uniform blew himself up at a military parade rehearsal in the Yemeni capital Sanaa on Monday, a police source said. Yemen's minister of defense and chief of staff were present but were unhurt, a military source said. Yemen is home to al Qaeda in the Arabian Peninsula (AQAP), which the United States views as a major security threat, not only in the region but also on U.S. soil. ...
SANAA (Reuters) - At least 20 people were killed and more than 60 wounded when a man in soldier's uniform blew himself up at a military parade rehearsal in the Yemeni capital Sanaa on Monday, a police source said. Yemen's minister of defense and chief of staff were present but were unhurt, a military source said. Yemen is home to al Qaeda in the Arabian Peninsula (AQAP), which the United States views as a major security threat, not only in the region but also on U.S. soil. ...
MOGADISHU (Reuters) - Somalia's embattled central government will not argue with semi-autonomous Puntland over potential oil revenues for fear of scuttling a fragile peace process, but a top official said on Monday the law made clear control lay with Mogadishu. Canadian firm Horn Petroleum, majority-owned by Vancouver-listed Africa Oil Corp., and its exploration partners started drilling in March in Puntland's Dharoor Block but have yet to announce any proven reserves. Africa Oil and joint venture partners Range Resource Ltd. (RRS. ...
MOGADISHU (Reuters) - Somalia's embattled central government will not argue with semi-autonomous Puntland over potential oil revenues for fear of scuttling a fragile peace process, but a top official said on Monday the law made clear control lay with Mogadishu. Canadian firm Horn Petroleum, majority-owned by Vancouver-listed Africa Oil Corp., and its exploration partners started drilling in March in Puntland's Dharoor Block but have yet to announce any proven reserves. Africa Oil and joint venture partners Range Resource Ltd. (RRS. ...
FRANKFURT, Germany (Reuters) - The head of General Motors unit Opel sought to allay workers' fears that the automaker plans to shut one of its four German plants as it pulls production of the Astra, its best-selling model, from the country. Opel Chief Executive Karl-Friedrich Stracke is under pressure from GM to end heavy losses at the U.S. carmaker's German arm by shifting production to countries with lower labor costs. Stracke told workers in Bochum on Monday that no decision has been made on their plant's future beyond 2014. ...
SHANGHAI/BEIJING (Reuters) - One of China's most conspicuously reform-minded leaders has stepped back into the spotlight after the nation's biggest political convulsion in a generation, positioning himself to gain from the fall of populist politician Bo Xilai. Wang Yang, leader of Guangdong province and well known for his deft handling of recent civil unrest there, is the first of three provincial-level party bosses who stand to benefit after a murder scandal snuffed out Bo's career last month. ...
SHANGHAI/BEIJING (Reuters) - One of China's most conspicuously reform-minded leaders has stepped back into the spotlight after the nation's biggest political convulsion in a generation, positioning himself to gain from the fall of populist politician Bo Xilai. Wang Yang, leader of Guangdong province and well known for his deft handling of recent civil unrest there, is the first of three provincial-level party bosses who stand to benefit after a murder scandal snuffed out Bo's career last month. ...
Republican presidential hopeful Mitt Romney and U.S. Sen. Scott Brown publicly support each other and even share key advisers. But on many topics, from foreign policy to social issues, the Massachusetts Republicans take very different positions.
DUBAI (Reuters) - A militant group claimed responsibility for a suicide bombing in eastern Syria last week that killed nine people and said attacks would continue, in a statement posted on the Internet on Monday. The al-Nusra Front said it was behind the attack on Saturday which targeted military installations in Deir al-Zor. The authenticity of the statement could not immediately be verified. ...
DUBAI (Reuters) - A militant group claimed responsibility for a suicide bombing in eastern Syria last week that killed nine people and said attacks would continue, in a statement posted on the Internet on Monday. The al-Nusra Front said it was behind the attack on Saturday which targeted military installations in Deir al-Zor. The authenticity of the statement could not immediately be verified. ...
ISLAMABAD (Reuters) - Pakistan banned access to Twitter on Sunday because of "blasphemous" material, a Pakistani official said, but normal service was resumed after 12 hours. The government did not specify which users or messages had prompted the ban on the microblogging site or why it was allowed to operate again so quickly. Any representation of the Prophet Mohammad is deemed un-Islamic and blasphemous by many Muslims, who make up the overwhelming majority in Pakistan. ...
LONDON (Reuters) - European shares took a breather from last week's sell-off and the single currency steadied on Monday, but investors were wary after a weekend meeting of Group of Eight leaders failed to ease concerns about the risk of Greece exiting the euro. The FTSE Eurofirst index of top European shares edged up 0.2 percent at 972.09 points after losing 5.1 percent last week to reach its lowest level in five months. ...
SANAA (Reuters) - At least 10 people were killed and 20 wounded in an attack by a suicide bomber on soldiers practicing for a military parade in the Yemeni capital Sanaa on Monday, a police source said. The parade was scheduled for Tuesday to mark Yemen's national day and President Abd-Rabbu Mansour Hadi was due to attend. (Reporting by Mohammed Ghobari; Writing by Isabel Coles; Editing by Louise Ireland)
The head of the U.N. nuclear agency arrived Monday in Tehran on a key mission that could lead to the resumption of probes by the watchdog on whether Iran has secretly worked on an atomic weapon.
Overnight clashes in Beirut between Sunni Muslim groups that support and oppose the regime in Damascus left one person dead and 10 wounded as fears rose further of a spillover from the Syrian conflict, Lebanese security officials said Monday.
Mitt Romney was at his New Hampshire vacation home on a summer night in 2006 when 26 tons of concrete ceiling panels in one of Boston's Big Dig highway tunnels collapsed, crushing a car and killing a female passenger.
From a park near Albuquerque, to the top of Japan's Mount Fuji, to the California coast the effect was dramatic: The moon nearly blotting out the sun creating a blazing "ring of fire."
Bargain-hunting helped Asian stock markets edge upward Monday, but gains were limited as investors remained unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in Washington.
DUBAI (Reuters) - A suicide bomber targeted soldiers practicing for a military parade in the Yemeni capital Sanaa on Monday, killing several people, a police source said. The parade was scheduled for Tuesday, marking Yemen's national day, President Abd-Rabbu Mansour Hadi was due to attend. (Reporting by Mohammed Ghobari; Writing by Isabel Coles; Editing by Louise Ireland)
A German official says Berlin continues to oppose the idea of jointly-issued bonds for the eurozone, which France's new president had suggested could be used to fund economic growth.
(Reuters) - DaVita Inc , the biggest U.S. operator of dialysis clinics, said it agreed to acquire HealthCare Partners for about $4.42 billion in a cash and stock deal. The purchase price consists of $3.66 billion in cash and about 9.38 million shares of DaVita common stock, the statement said. DaVita said it expects to fund the cash portion of the purchase price through a combination of available cash, additional borrowings and debt financing, the company said. (Reporting by Bijoy Koyitty in Bangalore; Editing by Mark Potter)
The July 29, 2008, phone call between two titans of Wall Street began with the old friends exchanging mild pleasantries, but then quickly turned serious and — by the government's account — criminal.
SAN FRANCISCO (Reuters) - The chief executives of Apple Inc and Samsung Electronics Co Ltd come face to face on Monday in court-directed mediation in the United States over a dispute in which the iPhone maker claims the Korean firm has "slavishly" copied some of its products. Apple's Tim Cook and Samsung's Choi Gee-sung have been instructed by a federal judge to appear for mediation in San Francisco to help resolve the bitter patent litigation between the two firms. The U.S. ...
CANBERRA (Reuters) - An Australian member of parliament accused of spending union money on prostitutes said on Monday he had been framed by union rivals and he made no mention of resigning, which would threaten the government's thin majority. The legislator, Craig Thomson, has been suspended from the ruling Labor Party over the scandal, but he continues to support Prime Minister Julia Gillard's minority government, which clings to a knife-edge one-seat majority. ...
CANBERRA (Reuters) - Australian Prime Minister Julia Gillard's grip on power has been weakened over the past month after independent Speaker Peter Slipper stood aside due to a sexual harassment accusation, cutting her ability to command a majority In parliament. Gillard's government has also been weakened after her ruling Labor Party suspended one member of parliament, Craig Thomson, who is under investigation over his union expenses from before his time in parliament, although Thomson continues to vote with the government. ...
CANBERRA (Reuters) - An Australian member of parliament accused of spending union money on prostitutes said on Monday he had been framed by union rivals and he made no mention of resigning, which would threaten the government's thin majority. The legislator, Craig Thomson, has been suspended from the ruling Labor Party over the scandal, but he continues to support Prime Minister Julia Gillard's minority government, which clings to a knife-edge one-seat majority. ...
BEIRUT (Reuters) - At least two people were killed in Beirut in heavy clashes early on Monday between rival Sunni Muslim gunmen, the latest violence fuelled by tensions over the uprising in neighboring Syria. Gunmen firing rocket-propelled grenades and machineguns clashed in the Lebanese capital's Tariq al-Jadideh district in some of the fiercest battles since sectarian fighting four years ago brought Lebanon back to the brink of civil war. The violence followed the killing of two members of a political alliance opposed to Syrian President Bashar al-Assad on Sunday in the north of Lebanon. ...
BEIRUT (Reuters) - At least two people were killed in Beirut in heavy clashes early on Monday between rival Sunni Muslim gunmen, the latest violence fuelled by tensions over the uprising in neighboring Syria. Gunmen firing rocket-propelled grenades and machineguns clashed in the Lebanese capital's Tariq al-Jadideh district in some of the fiercest battles since sectarian fighting four years ago brought Lebanon back to the brink of civil war. The violence followed the killing of two members of a political alliance opposed to Syrian President Bashar al-Assad on Sunday in the north of Lebanon. ...
Budget airline Ryanair has reported record profits as its recession-resistant business model continues to attract passengers from higher-fare carriers.
Compiled by ABC News’ Carrie Halperin and Amanda VanAllen The Note’s Must-Reads are a round-up of today’s political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com CAMPAIGN ADS ABC News’ Dylan Stableford: “Cory Booker slams...
SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ...