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S.Africa's most famous township gets new theater

Playwright, director and actor John Ledwaba gave up theater during South Africa's turbulent 1980s and left his Soweto home to train to be an anti-apartheid guerrilla. But he soon stopped training to lead the fight through theater, staging powerful works that exposed the horrors of racist rule to the world.

Eaton to buy Cooper Industries for $11.8 billion

(Reuters) - Diversified industrial manufacturer Eaton Corp struck a deal to buy electrical equipment maker Cooper Industries for $11.8 billion in cash and stock, paying a 29 percent premium to broaden its services to the electrical industry. Eaton, announcing the deal on Monday, also said it would reincorporate in Ireland, where Cooper is based. Eaton will pay $72 per share for Cooper: $39.15 in cash and 0.77479 Eaton shares for each Cooper share. Cooper shares rose more than 25 percent to $69.90 in early trading. ...

Euro zone needs growth and austerity: ECB's Asmussen

A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in FrankfurtBERLIN (Reuters) - Europe's fiscal pact must not be renegotiated or softened but could be complemented by growth-enhancing measures, European Central Bank Executive Board member Joerg Asmussen said on Monday. Asmussen also stressed that the ECB's non-standard measures - introduced to fight the debt crisis - were of a temporary nature and could be withdrawn any time if inflation risks emerged. There is a growing push in the euro zone, led by newly elected French President Francois Hollande, to do more to stimulate growth and not just focus on reducing deficits. ...


Survivor: Honduran police fired on passenger boat

Lucio Adan Nelson Quin, 22, rests while recovering in a public hospital from the wounds caused during an attack involving U.S. helicopters in a DEA-supported anti-drug crackdown by Honduras police in Las Mosquitia region, in La Ceiba, Honduras, Sunday, May 20, 2012. On Friday May 11, Lucio and more than a dozen others dove from a riverboat into the water for cover from Honduran police, who with DEA agents aboard, say they were hitting drug traffickers who fired first. Four died.(AP Photo/Rodrigo Abd)Lucio Adan Nelson dozed on a riverboat ferrying him home from a visit with his mother when helicopters appeared overhead and started shooting. He and about a dozen other passengers traveling in the middle of the night jumped into the water for cover.


EU gives Google 'weeks' to ease antitrust concerns

The European Union said on Monday that Google Inc. must in "a matter of weeks" outline steps it is willing to take to ease concerns about alleged abuses of its dominant position in the online search market.

Houghton Mifflin files Chapter 11 bankruptcy

(Reuters) - Houghton Mifflin Harcourt Publishers Inc filed for bankruptcy protection on Monday after the textbook publisher reached agreement with a majority of its creditors to cut about $3.1 billion of debt. The Boston-based company and two dozen affiliates filed for Chapter 11 protection in U.S. bankruptcy court in Manhattan. It said it had more than $1 billion in both assets and liabilities. Houghton Mifflin has struggled as state and local governments cut spending, reducing demand for textbooks for students from kindergarten to 12th grade, Moody's Investors Service has said. ...

Death toll in Yemen's suicide bombing rises to 96

Yemen's Defense Ministry says the casualty toll in a suicide bombing at a military parade rehearsal in the capital Sanaa has risen to 96 deaths and at least 200 wounded.

Wall Street rises at open after worst week of year

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Wall Street edged higher at the open on Monday, rebounding from its worst weekly decline for the year, on assurances that world powers want debt-laden Greece to remain in the euro zone. The Dow Jones industrial average gained 29.71 points, or 0.24 percent, to 12,399.09. The Standard & Poor's 500 Index added 2.73 points, or 0.21 percent, to 1,297.95. The Nasdaq Composite Index climbed 4.26 points, or 0.15 percent, to 2,783.05. (Reporting By Chuck Mikolajczak, editing by Dave Zimmerman)


Ditch euro? Many Greeks already are

This image taken from AP video shows people buying and selling their goods at a weekly bartering market in Volos, Greece, Saturday May 19, 2012. A small but growing minority in about a dozen Greek towns are using an alternative exchange system to help them survive the crisis. That's been attracting increasing attention amid concern that Greece _ stricken by political chaos _ will be forced to leave the euro and return to the drachma. Members take payment for their goods and services in TEMS (Local Alternative Unit), and use TEMS to obtain goods and services from other members in the network, in effect, a barter economy. (AP Photo/AP video)People in this central Greek city are rejecting the euro before it rejects them.


Man armed with grenades arrested at Nigeria state radio

ABUJA (Reuters) - A man armed with grenades and several rounds of ammunition was stopped as he tried to enter a government building in the capital Abuja where two ministers were giving a news conference on Monday, a government security officer said. "We arrested him with black bags containing three hand grenades and 37 live munitions. We snatched the bag from him at the gate as he was entering the compound at the gate," Akindele James, security officer in charge of the building, told Reuters. "We handed him over to police. ...

Where are Facebook friends? Stock sinks on 2nd day

Facebook's stock is sinking nearly 7 percent, falling below the $38 IPO price, in the social network's second day of trading as a public company Monday.

Monti will attend funeral of bombing victim

The office of Italian Premier Mario Monti says he will attend the funeral of a 16-year-old girl killed in a bombing outside a school in southern Italy that also injured four other young women.

Death toll in Yemen suicide bombing rises to 90

A still image taken from video shows army personnel helping injured soldier at the scene of a suicide attack in SanaaSANAA (Reuters) - A man with explosives strapped under his army uniform killed more than 90 people in the Yemeni capital Sanaa on Monday when he blew himself up in the midst of a military parade rehearsal, the defense ministry said. The ministry also said 222 people were wounded in the attack. (Reporting by Mohammed Ghobari; Writing by Isabel Coles; Editing by Louise Ireland)


NATO touts Afghan war's end as fighting goes on

The NATO leaders gather as the opening session of the NATO Summit begins in Chicago, Sunday, May 20, 2012. (AP Photo/Christophe Ena)As President Barack Obama and fellow NATO leaders herald the coming end of the deeply unpopular Afghanistan war, they face the grim reality of two more years of fighting ahead and more of their troops sure to die in combat.


EU offers Google last chance in antitrust case

People walk past a logo next to the main entrance of the Google building in ZurichBRUSSELS (Reuters) - The European Union's antitrust chief on Monday ratcheted up the pressure on Google, giving it a matter of weeks to settle an investigation into allegations of anti-competitive behavior and avoid formal charges and a possible fine. Even if the world's most popular search engine offers concessions to resolve the issue, it will still be under the EU spotlight following fresh complaints over its Android mobile software, the top operating system for Internet-enabled smartphones. ...


Greece's new prime minister meets party leaders

Leader of Conservatives New Democracy party Antonis Samaras makes statements after his meeting with Greece's newly installed caretaker prime minister Panagiotis Pikramenos at the Greek Parliament in Athens, Monday, May 21, 2012. Greece is set to hold elections on June 17 to end a political deadlock after a previous vote on May 6 produced a hung Parliament, with the country's future in the 17-nation eurozone potentially at stake. (AP Photo/Thanassis Stavrakis)Greece's newly installed caretaker prime minister began talks with party leaders Monday ahead of this week's European Union summit that's expected to focus on ways of kick starting economic growth across the continent.


Greece's new prime minister meets party leaders

Leader of Conservatives New Democracy party Antonis Samaras makes statements after his meeting with Greece's newly installed caretaker prime minister Panagiotis Pikramenos at the Greek Parliament in Athens, Monday, May 21, 2012. Greece is set to hold elections on June 17 to end a political deadlock after a previous vote on May 6 produced a hung Parliament, with the country's future in the 17-nation eurozone potentially at stake. (AP Photo/Thanassis Stavrakis)Greece's newly installed caretaker prime minister began talks with party leaders Monday ahead of this week's European Union summit that's expected to focus on ways of kick starting economic growth across the continent.


Film effects company DDMG plans Abu Dhabi studio

The American special effects company that brought the "Transformers" movies to life and recently wowed concertgoers with a performing hologram of late rapper Tupac Shakur is setting up a studio in oil-rich Abu Dhabi.

Convicted Lockerbie bomber buried in Libya

FILE - In this Aug. 20, 2009 file photo, Libyan Abdel Baset al-Megrahi, who was found guilty of the 1988 Lockerbie bombing, gestures on his arrival at an airport in Tripoli, Libya. Abdel Baset al-Megrahi, a Libyan intelligence officer who was the only person ever convicted in the 1988 Lockerbie bombing, died Sunday May 20, 2012 nearly three years after he was released from a Scottish prison to the outrage of the relatives of the attack's 270 victims. He was 60.(AP Photo/File)The only man convicted in the 1988 Lockerbie bombing has been buried with little fanfare near the Libyan capital with just under 100 family members and passers-by in attendance.


US futures head higher; economists see some growth

In a May 7, 2012 photo trader Richard Newman works on the floor of the New York Stock Exchange. A weekend summit in Washington among leaders of the world's most powerful nations provided little in the way of encouragement for investors already nervous about the political turmoil in Greece. (AP Photo/Richard Drew)Stock futures rose Monday with a new survey suggesting that economists are a bit more optimistic about housing and employment.


Nasdaq alters IPO procedures after Facebook glitch

Monitors show the value of the Facebook, Inc. stock before closing bell at the NASDAQ Marketsite in New YorkNEW YORK (Reuters) - Nasdaq OMX Group Inc said on Monday it is changing its initial public offering trading procedures following glitches in Facebook Inc's market debut at the end of last week that prevented some traders from knowing for hours whether their orders for shares had been completed. The exchange operator said in a note to traders that modifications to its IPO and halt cross application would prevent the problems that occurred on Friday from recurring. (Reporting By John McCrank; Editing by Gerald E. McCormick)


Facebook shares fall below $38 issue price in premarket

Monitors show value of Facebook, Inc. stock before closing bell at NASDAQ Marketsite in New YorkNEW YORK (Reuters) - Facebook Inc's shares slid below their $38 issue price in premarket trading on Monday as support from underwriters of the initial public offering dissipated after its Friday debut. The social networking company's debut was marred by a shaky opening on the Nasdaq that will be reviewed by the SEC and a falling share price, which forced lead underwriter Morgan Stanley to defend the $38 price level by purchasing shares on the open market. ...


Visceral performances bring stardom for Tom Hardy

Actor Tom Hardy poses during a photo call for Lawless at the 65th international film festival, in Cannes, southern France, Saturday, May 19, 2012. (AP Photo/Lionel Cironneau)The allure of movie stardom is becoming evident to Tom Hardy.


Thousands gather for Lebanese Sunni cleric funeral

A Lebanese man steps out from a destroyed building that was damaged during clashes erupted between pro- and anti-Syrian Sunni groups, in Beirut, Lebanon, Monday May 21, 2012. Gunmen fired rocket-propelled grenades and machine guns early Monday in intense street battles in the Lebanese capital, wounding and killed several people as fears mounted that the conflict in neighboring Syria was bleeding across the border. The clashes erupted hours after an anti-Syrian cleric and his bodyguard were shot dead in northern Lebanon.(AP Photo/Hussein Malla)Mourners fired guns in the air as thousands poured into the streets Monday in northern Lebanon for the funeral of a Sunni Muslim cleric, whose killing sparked intense clashes in Beirut and raised fears the crisis in Syria was spilling across the border.


3 dead, 2 missing after crowded weekend on Everest

FILE - In this Oct. 27, 2011 file photo, the last light of the day sets on Mount Everest as it rises behind Mount Nuptse as seen from Tengboche, in the Himalaya's Khumbu region, Nepal. Mountaineering Department official Gyanendra Shrestha said Monday, May 21, 2012, that a German, a Nepal-born Canadian and a Korean died Saturday while descending from the 8,850-meter (29,035-foot) summit. (AP Photo/Kevin Frayer, File)Three climbers who scaled Mount Everest died on their descent and two went missing during a crowded weekend on the Himalayan peak, raising concerns Monday about congested trails and poor conditions near the summit.


APNewsBreak: 22 states join campaign finance fight

FILE - Montana Attorney General Steve Bullock is seen at an event in which he announced the start of his 2012 gubernatorial campaign on in this Sept. 7, 2011 file photo taken in Billings, Mont. Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending. Bullock argues that political corruption in the Copper King era led to the state ban on corporate campaign spending. A clarification of Citizens United is needed to make clear that states can block certain political spending in the interest of limiting corruption, he said. On Friday, May 18, 2012 Montana's case was given a boost when U.S. Sens. John McCain, R-Ariz., and Sheldon Whitehouse, D-D-R.I., signed on in support. (AP Photo/Matthew Brown, File)Twenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate campaign spending.


Protesters march on Malian presidential palace

BAMAKO (Reuters) - Thousands of protesters marched on Mali's presidential palace on Monday, paralyzing traffic in the capital Bamako in a demonstration against an internationally-backed accord to extend the mandate of civilian president Dioncounda Traore. Some protesters at the gates of the palace shouted slogans in support of Captain Amadou Sanogo, the officer who led the March 22 military coup which unintentionally emboldened northern rebels to seize two-thirds of the West African country. ...

Barclays to sell $6.1 billion BlackRock stake

A man walks past a branch of Barclays bank in central LondonLONDON (Reuters) - British bank Barclays is selling its near-20 percent stake in U.S. asset manager BlackRock, worth $6.1 billion, as tougher global regulations have cut the attraction of such holdings. Barclays has held the stake for almost three years, a legacy of BlackRock's $13.5 billion purchase of Barclays Global Investors, but Basel III regulations mean banks have to hold more capital against minority stakes in asset managers and other firms, making it less profitable. ...


Lowe's 1Q profit up, but cuts 2012 profit outlook

FILE -- In a Nov. 14, 2011 file photo, customers walk toward the Lowe's store in Saugus, Mass. Lowe's Cos.'reported Monday May 21, 2012, first-quarter profit climbed 14 percent, as warmer weather helped boost sales. (AP Photo/Michael Dwyer/file)Lowe's Cos.' first-quarter profit climbed 14 percent, as warmer weather helped boost sales. But the world's second-biggest home improvement company lowered its full-year earnings forecast on Monday, saying it is still cautious on the housing market and economic conditions.


Campbell's profit slips amid sluggish soup sales

Campbell Soup Co.'s net income slipped by 5 percent in the latest quarter as it struggled to balance higher costs for ingredients and sluggish soups sales, the company said Monday.

Spain to slump further but will hit deficit goal

Spain's Economy Minister De Guindos listens to a question at a conference in MadridMADRID (Reuters) - Spain said on Monday it would meet its deficit targets this year despite a new slippage in its regions' accounts and a further contraction of the economy in the second quarter. Economy Minister Luis de Guindos said economic activity would likely slump by another 0.3 percent between April and June, further fuelling doubts about the country's ability to get a grip on in its finances and nurse an ailing banking sector back to health. ...


Prominent rival of Sri Lanka president walks free

Jailed former army chief Fonseka waves to his supporters as he leaves a private hospital with prison officers in ColomboCOLOMBO (Reuters) - Sri Lanka's former army chief walked free from jail on Monday with a pardon from President Mahinda Rajapaksa, who appears to have bowed to growing international demands that he release his highest-profile rival. Ex-General Sarath Fonseka kissed his hands and raised them to a group of 2,000 supporters who cheered "Victory to our war hero! Victory to our leader!" and lit firecrackers outside the maximum security prison. Some waved the national flag, emblazoned with a lion and a sword, as he released a white dove symbolizing peace. ...


Ex-Yahoo CEO Thompson resigns from Splunk board

(Reuters) - Data analytics software maker Splunk Inc said former Yahoo Inc CEO Scott Thompson has resigned from its board of directors, effective May 18. "In regard to recent health issues, we wish Scott all the best for a fast and full recovery," Splunk Chief Executive Godfrey Sullivan said in a statement. Thompson, who had joined Splunk's board in October, was reported to have been diagnosed with thyroid cancer. Thompson stepped down as Yahoo chief last week, 10 days after activist investor Daniel Loeb accused him of padding his biography by faking a computer science degree. ...

Aftershocks rattle Italy, residents sleep outdoors

A man checks his mobile phone in a emergency tent in Finale EmiliaFINALE EMILIA, Italy (Reuters) - Thousands of people in northern Italy slept in tents and cars overnight as more than 100 aftershocks rocked the area hit by a magnitude 6.0 earthquake that killed seven people and inflicted heavy damage to centuries-old cultural sites. "The fear that your house will collapse on your head is great, so it was good to be able to sleep in this tent," said one man who spent the night outdoors, cold but safe, in the town of San Felice sul Panaro. ...


Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion

Employees play table tennis inside the headquarters office of Alibaba (China) Technology Co. Ltd on the outskirts of HangzhouSHANGHAI/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. ...


Rajat Gupta faces jury in insider trading case

File photo of Rajat Gupta, a former director of Goldman Sachs Group Inc., exiting Manhattan Federal Court in New YorkNEW YORK (Reuters) - Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles. On Monday in the same federal court in New York, it will be Gupta's turn to go on trial. The former Goldman Sachs Group Inc and Procter & Gamble board member is accused of leaking stock secrets to Rajaratnam, his erstwhile friend and business associate who was convicted and is now in prison. ...


Campbell says 3Q net income slipped

Campbell Soup Co. says it net income slipped by 5 percent in its fiscal third quarter because of higher costs and sluggish sales.

Putin dominates new Russian government

Russia's President Putin attends the CSTO summit at the Kremlin in MoscowMOSCOW (Reuters) - Russian President Vladimir Putin unveiled a government dominated by loyalists on Monday, tightening his grip on the economy and limiting Prime Minister Dmitry Medvedev's ability to pursue his reform agenda. Igor Shuvalov, a powerful Putin ally, kept his post as first deputy prime minister in overall charge of economic policy and Anton Siluanov, a career bureaucrat, remained finance minister. Putin also consolidated his power over the security structures, with Anatoly Serdyukov staying on as defense minister, and kept faith with long-serving Foreign Minister Sergei Lavrov. ...


Merkel to discuss fiscal pact with German parties

French President Francois Hollande and German Chancellor Angela Merkel walk off the stage after the family photo at the NATO Summit in ChicagoBERLIN (Reuters) - Chancellor Angela Merkel will discuss with the leaders of German political parties on Thursday the prospects for a European fiscal pact she wants parliament to approve before its summer recess despite opposition foot-dragging. Government spokesman Georg Streiter said Merkel, Finance Minister Wolfgang Schaeuble and other senior officials would meet the national and parliamentary leaders of the main parties on Thursday from 3 p.m. to 5 p.m. (1300-1500 GMT). The subject would be "the fiscal pact, Europe and everything linked to that", Streiter told a news conference. ...


Iraq turns to U.S. drones to protect oil platforms

A U.S. Predator unmanned drone armed with a missile stands on the tarmac of Kandahar military airportBAGHDAD (Reuters) - Iraq is buying unmanned drones from the United States to help protect its southern oil platforms as the OPEC nation ramps up production after the withdrawal of the last American troops, U.S. and Iraqi officials said on Monday. Protecting the vital infrastructure around its oil reserves, the world's fourth largest, is crucial as Iraq rebuilds an industry battered by years of war and sanctions against former dictator Saddam Hussein. "Iraq's navy has purchased U.S. ...


U.N. atom chief starts talks in Tehran, hopes for deal

International Atomic Energy Agency (IAEA) Director General Yukiya Amano briefs the media before his trip to Tehran at the international airport in ViennaVIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief began rare talks in Tehran on Monday after voicing hope for a deal to investigate suspected atomic bomb research - a gesture Iran might make to try to get international sanctions relaxed and deflect threats of war. International Atomic Energy Agency Director-General Yukiya Amano met the head of Iran's nuclear energy organization, Fereydoun Abbasi-Davani, hours after his pre-dawn arrival, according to ISNA news agency. ...


DaVita eyes new markets with $4.4 billion Healthcare deal

(Reuters) - DaVita Inc , the biggest U.S. operator of dialysis clinics, has agreed to buy privately-held HealthCare Partners for about $4.42 billion in cash and stock to expand into new markets to help offset potential revenue pressures in its main business. HealthCare Partners, based in Torrance, California, runs medical groups and physician networks in Southern California, Central Florida, and Southern Nevada. Its revenues in 2011 were about $2.4 billion. The company provides its services to more than 667,000 patients and has total care dollars under management of about $3. ...

Shares steady near lows, investors fear Greece

A trader monitors the screen on a trading floor in LondonLONDON (Reuters) - European shares and the euro steadied near their lows for the year on Monday as investor fears that Greece could leave the euro were partly countered by promises from China and the Group of Eight leaders at the weekend to support growth. The FTSE Eurofirst index of top European shares was around 0.4 percent higher at 974.03 points after losing 5.1 percent last week to reach its lowest level of the year. ...


Analysis: China eschews fiscal fanfare for supportive spending

BEIJING (Reuters) - China's focus on fine-tuning monetary and fiscal policies to fight the risk of a sudden economic slide worries investors pricing in a sixth successive quarter of slowing growth with no obvious sign of the solid stimulus they want. With domestic activity stifled by government curbs on real-estate speculation, the potential damage to demand for China's factory products from a deeper European debt crisis seems a logical justification for a spending splurge. "Maybe it would be easier for China if there were another global financial crisis. ...

Opel CEO faces workers over possible plant closure

An undated handout picture shows the newly appointed CEO of Adam Opel AG, StrackeFRANKFURT, 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. ...


Analysis: China reformer sees his opportunity after Bo's fall

To match analysis CHINA-LEADERSHIP/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. ...


Apple,Samsung CEOs in U.S. court talks over patent row

To match Insight SAMSUNG/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. ...


Qantas to cut another 500 maintenance jobs

A grounded Qantas aircraft is seen parked at Heathrow Airport in west LondonMELBOURNE (Reuters) - Australia's top airline Qantas Airways said on Monday it is eliminating 500 jobs by merging maintenance facilities to save up to A$100 million ($98.4 million) annually, as high fuel costs and weak demand take a toll on airline profits. Qantas, which is emerging from a costly industrial dispute, said in statement it will stop heavy maintenance in Tullamarine in Melbourne and concentrate on centers in Brisbane and Avalon, resulting in the job cuts. It had, in February, flagged another 500 job cuts for the group. ...


Nasdaq to revamp system after tech problems on Facebook IPO: WSJ

Monitors show value of Facebook, Inc. stock before closing bell at NASDAQ Marketsite in New York(Reuters) - The Nasdaq is planning to revamp its systems for handling stock offerings after acknowledging that technology problems had affected trading in millions of newly issued Facebook shares on Friday, the Wall Street Journal reported. Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for Facebook shares had actually been executed, in the latest of a series high-profile exchange glitches. ...


Australia to seal trade deal with Malaysia

CANBERRA (Reuters) - Australia will sign a free trade agreement(FTA) with Malaysia on Tuesday in a move it hopes will add new momentum to stalled bilateral trade talks with other key Asian trading partners. Australia is still negotiating free trade deals with South Korea, Japan and China, with progress in reaching agreement with Beijing and Tokyo slow. The deal with Malaysia, which will be Australia's sixth FTA, will be signed in Kuala Lumpur, said a spokesman for Australian Trade Minister Craig Emerson. ...
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