Reuters: Top Global and Breaking News

Started by emirate, Aug 08, 2010, 09:01 PM

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WASHINGTON (Reuters) - Johnson & Johnson issued a recall of its Softchews Rolaids antacids on Thursday after consumers reported finding wood and metal bits in the tablets.

J&J "Softchews" recall grows as wood, metal found



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WASHINGTON (Reuters) - Angry Democrats in the House of Representatives on Thursday rejected President Barack Obama's plan to extend low tax rates, as the Senate scheduled a vote on the measure, which has significant Republican support.

Democrats defy Obama on tax deal as Senate sets vote

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BEIJING (Reuters) - China's central bank on Friday raised the amount of money the country's lenders must keep on reserve for the third time in a month, following a spate of robust data that strengthened the case for policy tightening.

China raises bank reserves 3rd time in a month



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LOS ANGELES (Reuters) - General David Petraeus, the top military commander in Afghanistan, has been named the "most fascinating person of 2010", beating the cast of MTV reality show "The Jersey Shore" and teen singer Justin Bieber.

General Petraeus "most fascinating person" of 2010



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ABOARD A U.S. MILITARY AIRCRAFT (Reuters) - Defense Secretary Robert Gates urged Congress on Friday to lift a ban on gays serving openly in the military, saying he was disappointed by the Senate's failure to act this week and fearful of leaving the issue to the uncertainty of the courts.

Defense chief Robert Gates keeps pushing for repeal of gay ban



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NEW YORK/BOSTON (Reuters) - Think of hedge fund hubs in the United States, and the names that tend to come to mind are New York and Greenwich, Connecticut. Yet when it comes to a major U.S. insider trading investigation, Boston is taking center stage.

Boston emerges as a major hub in insider probe



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WASHINGTON (Reuters) - President Barack Obama on Friday called on a battle-scarred dealmaker, former President Bill Clinton, to help convince reluctant Democrats to back a compromise tax plan before rates rise for most Americans in January.

Obama calls in Clinton to help with tax fight



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PARIS (Reuters) - France wants a wide international debate as it takes over the G20 presidency to drive its plans for an overhaul of the global monetary system and economic governance, Economy Minister Christine Lagarde said on Saturday.

France wants broad debate to push G20 goals: Lagarde



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LONDON (Reuters) - A loose grouping of cyber activists supporting WikiLeaks has abandoned its strategy of online attacks on organizations seen as hostile to the site in favor of spreading the leaked documents far and wide online.

WikiLeaks supporters' group abandons cyber attacks

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QUITO (Reuters) - Leading OPEC producer Saudi Arabia said on Saturday it still favored a $70-$80 price range for oil, a restatement of a two-year-old policy that will be welcomed by consumer nations worried that rising oil prices may get out of control and hamper global economic recovery.

Saudi still favors $70-$80 oil, OPEC holds supply