Top News - Breaking News - World News from Reuters (April 2011 Diet)

Started by Reuters, Apr 02, 2011, 08:05 AM

Reuters

LONDON (Reuters) - The chief executive of Glencore was quoted on Sunday as saying that the launch of an initial public offering by the global commodities trader was "imminent."

Source: Glencore chief executive says IPO "imminent": report

Reuters

NEW YORK (Reuters) - Nasdaq OMX Group and IntercontinentalExchange responded late Sunday to NYSE Euronext's rejection of their joint proposed bid, reaffirming that their cash and stock offer is superior to the offer submitted by rival Deutsche Boerse AG.

: Nasdaq says its offer is superior after NYSE snubs bid

Reuters

AUGUSTA, Georgia (Reuters) - South African Charl Schwartzel birdied the last four holes in a grandstand finish to clinch his first major title by two strokes at the Masters on Sunday, ending a wild afternoon of brilliant shot-making.

Source: Schwartzel triumphs with furious finish at Masters

Reuters

HONG KONG (Reuters) - Simon Murray, the South Pole adventurer and former Vodafone board member, is in the running for the role of chairman at Glencore, the commodities giant set to detail plans for a $10 billion-plus listing later this week.

Source: Adventurer Murray says tapped for Glencore

Reuters

AMMAN (Reuters) - Syrian security forces stormed a town near the city of Banias on Tuesday, activists said, in a further move to quell unrest that has spread across the country, challenging the rule of President Bashar al-Assad.



Source: Syrian forces storm Sunni town after protest say activists

Reuters

WASHINGTON (Reuters) - Programs that help poor mothers buy food and that share the cost of land stewardship would be cut under government-wide reductions unveiled on Tuesday.

Source: Budget plan cuts food aid, stewardship programs

Reuters

BOSTON/NEW YORK (Reuters) - Cisco Systems Inc will dump its Flip video camera division, retiring the popular brand in a first step toward reviving a company its CEO John Chambers admitted has lost its way.

Source: Cisco kills Flip camera in first revamp step

Reuters

ABIDJAN (Reuters) - Ivory Coast President Alassane Ouattara won the backing of his defeated rival's army chiefs while the EU and the World Bank pledged financial support to help end the country's prolonged divisions.

Source: Support may boost Ouattara chances in Ivory Coast

Reuters

NEW YORK (Reuters) - The judge overseeing the liquidation of Bernard Madoff's investment firm on Tuesday rejected requests by banks to keep secret the names of current and former employees mentioned in lawsuits seeking to recover alleged improper profits tied to the imprisoned Ponzi schemer.

Source: Madoff judge orders bank employees' names unsealed

Reuters

DETROIT (Reuters) - A Chinese engineer who stole Ford Motor Co trade secrets was sentenced to almost six years in prison, said the U.S. Attorney's office in Detroit.

Source: Ex-Ford engineer sentenced for trade secrets theft