| Business News |
Oil slumps on easing storm worry and dollar
(Reuters)
 Reuters - Oil tumbled more than $5 on Tuesday,
pushing losses so far this week to about $10, as forecasters
said an Atlantic hurricane would steer clear of offshore oil
platforms and the greenback gained against other currencies.
|
Alcoa's profit off but tops forecasts
(Reuters)
 Reuters - Aluminum producer Alcoa Inc on
Tuesday posted a smaller-than-expected drop in second-quarter
profit, lifting its shares, as higher aluminum prices and sales
volumes offset higher costs.
|
Anheuser-Busch sues InBev over takeover attempt
(Reuters)
 Reuters - Anheuser-Busch Cos Inc sued
InBev NV in an effort to stop its Belgian-Brazilian
suitor from taking any more steps to replace the U.S. brewer's
board of directors, which had rejected a $46.3 billion takeover
offer from InBev.
|
Stocks rise on banks and lower oil
(Reuters)
 Reuters - Stocks rose in another turbulent
session on Tuesday as a pullback in oil prices eased worries
about consumer and business spending, while financial shares
gained after the Fed chairman said he may keep open a lifeline
for banks.
|
Traders plead guilty to foreign exchange scam
(Reuters)
Reuters - Two currency traders pleaded guilty on
Tuesday to defrauding investors, admitting their firm engaged
in almost no trading and that they misappropriated money from
investors and used it to buy luxury homes and cars, federal
prosecutors said.
|
Paulson says U.S. home foreclosures to stay high
(Reuters)
 Reuters - U.S. Treasury Secretary Henry
Paulson said on Tuesday that home foreclosure starts may hit
2.5 million this year, many of them the borrowers' own fault
for taking out loans they couldn't afford.
|
|
| U.S. revives reward plan for Rwanda suspects - 13, May 2008 |
WASHINGTON (Reuters) - The United States announced on Monday it had revived a program offering rewards of up to $5 million a head for information leading to the arrest of 13 suspects in Rwanda's genocide.
Called the "Rewards for Justice" program, it offers bounties to bring to justice those most responsible for the 1994 genocide in Rwanda, said the State Department.
But in recent years the program lost its impetus and the goal is to relaunch the plan, particularly in the Democratic Republic of the Congo, or DRC, where most of the fugitives are believed to be hiding.
Senior State Department officials said the campaign aimed to secure the arrest of 13 people indicted by the International Criminal Tribunal for Rwanda. The court, based in Tanzania, is trying architects of the genocide.
The Rwanda court is expected to wind up its work this year and the renewed rewards program is aimed at trying to get hold of as many suspects as possible before then.
"Their continuing presence in the region represents a threat to stability and reconciliation," said Clint Williamson, U.S. ambassador-at-large for war crimes issues.
Posters and other materials advertising rewards will be distributed in the DRC. In addition, a 24-hour telephone hotline had been set up listing numbers both internationally and locally. Details are available on www.rewardsforjustice.net.
"We look forward to seeing the results from this campaign. We believe it will accelerate the process of bringing to justice those most responsible for these horrible crimes," said Williamson.
Among those sought are former government ministers and Felicien Kabuga, who is accused of providing logistical support to the so-called Interahamwe militias. His last whereabouts are believed to be Kenya, which last week froze his assets in the country.
(c) 2008 Reuters
|
| Other news from HotNews category: |
-
HARARE (Reuters) - The Group of Eight rich nations agreed on Tuesday to impose sanctions against Zimbabwe's leadership because of violence during the widely condemned re-election of President Robert Mugabe.
More
-
WASHINGTON (Reuters) - The president should be forced by law to consult Congress before going to war, a bipartisan panel including several prominent former U.S. officials said on Tuesday.
More
-
TEHRAN (Reuters) - Iran will hit Tel Aviv, U.S. shipping in the Gulf and American interests around the world if it is attacked over its disputed nuclear activities, an aide to Iran's Supreme Leader was quoted as saying on Tuesday.
More
-
WASHINGTON (Reuters) - A coalition of unions, think tanks and other groups launched an advertising campaign on Tuesday saying they want to ensure that health-care reform tops the U.S. political agenda after the November elections.
More
-
MIAMI (Reuters) - Hurricane Bertha weakened rapidly as it headed in the direction of Bermuda on Tuesday, just a day after suddenly burgeoning into the first major hurricane of the 2008 Atlantic storm season, forecasters said.
More
-
TOYAKO, Japan (Reuters) - Big emerging economies will come under pressure on Wednesday to respond in kind to an initiative by rich countries to work towards a target of at least halving their global greenhouse gas emissions by 2050.
More
-
BAGHDAD (Reuters) - Iraq will not accept any security agreement with the United States unless it includes dates for the withdrawal of foreign forces, the government's national security adviser said on Tuesday.
More
-
PRAGUE (Reuters) - The United States signed a pact on Tuesday to build part of a U.S. missile defense shield in the Czech Republic, prompting neighboring Russia to warn it will react with military means if the shield is deployed.
More
-
POWDER SPRINGS, Georgia (Reuters) - Democratic presidential hopeful Barack Obama rejected charges on Tuesday that he has shifted positions on Iraq and other issues as part of a move to the center now that he is his party's nominee.
More
-
POWDER SPRINGS, Georgia (Reuters) - Democratic presidential candidate Barack Obama proposed overhauling bankruptcy laws on Tuesday to ease the impact on people unable to pay their bills because of medical expenses or military service.
More
|
|
| Software News |
EA says has complied with FTC request on Take-Two
(Reuters)
 Reuters - Video game publisher Electronic
Arts Inc said on Tuesday it complied with a
regulator's request for more information on its Take-Two
Interactive Software Inc bid, moving a step closer to
buying its rival.
|
VMware shares plunge on CEO change, slowing growth
(AP)
AP - VMware Inc. abruptly replaced co-founder Diane Greene as chief executive Tuesday and lowered its sales outlook, triggering alarms that pounded the business software maker's shares to their lowest depths since the company's lucrative public offering 11 months ago.
|
Microsoft Sets Hosted-services Pricing, Irks Partners
(PC World)
PC World - Some Microsoft partners are less than thrilled by the company's push into a software-plus-services model, which will compete...
|
Irrigation Systems Soak up Top Prizes in Software Contest
(PC World)
PC World - An irrigation automation system, developed by a team of Australian students, won Microsoft's Imagine Cup programming contest.
|
VMware warns on revenue, replaces CEO
(Reuters)
Reuters - Business software maker VMware Inc
warned on Tuesday that 2008 revenue growth will fall short of
expectations and said it has replaced its chief executive,
sending its shares tumbling 30 percent.
|
New Yahoo board might lure Microsoft back into talks
(USATODAY.com)
USATODAY.com - Microsoft threw its weight behind investor Carl Icahn's effort to oust Yahoo's board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another deal.
|
|
