Nov
26

Asian shares, euro rise on Greek debt deal

TOKYO (Reuters) – The euro hit a one-month high and Asian shares climbed for a seventh consecutive day on Tuesday while commodities rose and the dollar eased after a deal on new debt targets for Greece and a political agreement on disbursing the next installment of aid.After 12 hours of talks at their third meeting in as many weeks, Greece’s international lenders agreed on a package of measures to...
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Nov
25

Israel successfully tests missile defense system

JERUSALEM (AP) — Israel successfully tested its newest missile defense system Sunday, the military said, a step toward making the third leg of what Israel calls its “multilayer missile defense” operational.The “David’s Sling” system is designed to stop mid-range missiles. It successfully passed its test, shooting down its first missile in a drill Sunday in southern Israel, the military said.The system...
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Israel successfully tests missile defense system

JERUSALEM (AP) — Israel successfully tested its newest missile defense system Sunday, the military said, a step toward making the third leg of what Israel calls its “multilayer missile defense” operational.The “David’s Sling” system is designed to stop mid-range missiles. It successfully passed its test, shooting down its first missile in a drill Sunday in southern Israel, the military said.The system...
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Nokia imaging chief to quit

HELSINKI (Reuters) – Nokia‘s long-time imaging chief Damian Dinning has decided to leave the loss-making cellphone maker at the end of this month, the company said in a statement.The strong imaging capabilities of the new Lumia smartphone models are a key sales argument for the former market leader, which has been burning through cash while losing share in both high-end smartphones and cheaper handsets.Nokia’s...
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“Rise of the Guardians” Barrier-Breaker: The First African-American to Direct a CG Animation Film

LOS ANGELES (TheWrap.com) – Peter Ramsey didn’t just have the pressure of making his feature directing debut on an $ 145 million tentpole film, he also had to deal with the expectations that came with being a barrier-breaker.By sliding behind the camera on DreamWorks Animation‘s “Rise of the Guardians” Ramsey made history as the first African-American to helm a major CG animated film.“Rise of the...
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GlaxoSmithKline has no plans to delist Indian arm – executive

MUMBAI (Reuters) – GlaxoSmithKline Plc has no plans to delist its Indian consumer products arm GlaxoSmithKline Consumer Healthcare Ltd, David Redfern, chief strategy officer at Britain’s biggest drugmaker, said on Monday.GSK said earlier it planned to buy up to an additional 31.8 percent stake in the Indian unit for 52.2 billion rupees ($ 939 million).The company has been expanding into both emerging...
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The Man With a China Growth Plan

China’s premier-elect, Li Keqiang, ran a province of 93 million people that endured three deadly fire disasters and an HIV blood scandal on his watch. His run of bad luck as Governor of Henan from 1998 to 2004 earned him the nickname Three-Fires Li in the foreign press. Beijing’s Communist officialdom, however, has high hopes for Li, an award-winning economist for his work on urbanization, in his...
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Nov
24

Egypt reformist warns of turmoil from Morsi decree

CAIRO (AP) — Prominent Egyptian democracy advocate Mohammed ElBaradei warned Saturday of increasing turmoil that could potentially lead to the military stepping in unless the Islamist president rescinds his new, near absolute powers, as the country’s long fragmented opposition sought to unite and rally new protests.Egypt‘s liberal and secular forces — long divided, weakened and uncertain amid the...
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Egypt reformist warns of turmoil from Morsi decree

CAIRO (AP) — Prominent Egyptian democracy advocate Mohammed ElBaradei warned Saturday of increasing turmoil that could potentially lead to the military stepping in unless the Islamist president rescinds his new, near absolute powers, as the country’s long fragmented opposition sought to unite and rally new protests.Egypt‘s liberal and secular forces — long divided, weakened and uncertain amid the...
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Review: “Liz & Dick” Is Bad, But You Knew That

NEW YORK (TheWrap.com) – Lifetime’s “Liz & Dick” is very bad, just as you knew it would be.Let’s not pretend it ever had a shot at being decent. The decision to cast Lindsay Lohan as Oscar-winning screen legend Elizabeth Taylor told us right up front that the filmmakers were more interested in trashy publicity than quality. She isn’t good, but no one could be good with this dialogue.On an online...
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