Jan
13

Israeli PM vows to move ahead with E-1 settlement

RAMALLAH, West Bank (AP) — Israel's prime minister pledged Sunday to move ahead with construction of a new Jewish settlement in a strategic part of the West Bank, speaking just hours after Israeli troops dragged dozens of Palestinian anti-settlement activists from the area.The activists had pitched more than two dozen tents at the site on Friday, laying claim to the land and drawing attention to...
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Jan
11

Browns introduce Rob Chudzinski as new coach

CLEVELAND (AP) — Rob Chudzinski is back for his third tour with the Cleveland Browns, and this time he's calling the shots.Chudzinski, who spent the past two seasons as Carolina's offensive coordinator, was introduced as the club's sixth fulltime coach on Friday. He'll inherit a young roster he'll try to develop into a contender with the Browns, who have lost at least 11 games in each of the past...
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Strahan, Sapp, Ogden among Hall of Fame finalists

CANTON, Ohio (AP) — Single-season sacks leader Michael Strahan and two players who tried to block him are among 15 modern-era finalists for the Pro Football Hall of Fame.Strahan, who had 22½ sacks in 2001 and 141½ for his 15-year his career with the New York Giants, is joined by offensive tackle Jonathan Ogden of the Ravens and guard-tackle Larry Allen of the Cowboys and 49ers.The fourth first-year...
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Eager Chudzinski takes over new-look Browns

CLEVELAND (AP) — The Browns have always been a part of Rob Chudzinski's life. Now, he's the man in charge.Chudzinski, who spent the past two seasons as Carolina's offensive coordinator, was introduced as the club's sixth fulltime coach on Friday, a once-in-a-lifetime opportunity for the 44-year-old who as a kid pretended he played tight end for the Browns during games in his backyard in Toledo, Ohio."It...
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Jan
10

Kuwait sentences second man to jail for insulting emir: lawyer

DUBAI (Reuters) - A Kuwaiti court sentenced a man to two years in prison on Monday for insulting the country's ruler on Twitter, his lawyer said, the second person to be jailed for the offence in as many days.The U.S.-allied Gulf Arab state has clamped down in recent months on political activists who have been using social media websites to criticize the government and the ruling family.Kuwait has...
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European businesses slow to go online: study

BRUSSELS (Reuters) - European businesses are not doing enough to use the internet to grow their customer base and promote products, Belgian database and marketing firm Email-Brokers said after studying 13 million websites.Belgium, Germany and the Netherlands have the highest proportion of companies online but even in these countries 40 percent of business have no internet presence, it found.The European...
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Target to match some rivals' online prices year-round

(Reuters) - Target Corp said on Tuesday it will match on a year-round basis the prices found on the websites of key rivals Amazon.com Inc, Best Buy Co Inc, Wal-Mart Stores Inc and Toys R Us, its latest tactic to hold onto shoppers focused on price.The move extends an online price-matching program that Target introduced over the holiday season and which was supposed to last only from November 1 to...
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Jan
09

Ethiopia Dec inflation falls yr/yr, at lowest for 2012

ADDIS ABABA (Reuters) - Ethiopian inflation dropped in December to 12.9 percent year-on-year, its lowest rate of 2012, official data showed on Wednesday.The government had targeted single-digit inflation in 2012, something it now hopes to achieve this year.Inflation, which has been billed by the IMF as the country's biggest economic challenge, peaked at 36.3 percent last February, and has steadily...
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Sudan says secures $1.5 bln loan from China as it battles currency slide

ABU DHABI (Reuters) - Sudan has secured a $1.5 billion loan guaranteed by Chinese state oil firm China National Petroleum Corp, its finance minister said, throwing a lifeline to the African country battling its worst economic crisis for decades.Sudanese Finance Minister Ali Mahmoud said the loan, agreed on December 31, would come from a Chinese bank, which he declined to identify. It comes at a crucial...
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Obama aide presses Republicans to accept more tax revenues

WASHINGTON (Reuters) - The U.S. Congress should accept in the next round of deficit-reduction talks that revenue from taxes must be raised further if it expects President Barack Obama to sign off on a deal, the president's top economic adviser, Gene Sperling, said in an interview.The White House and Congress are trying to reach an agreement that would delay planned austerity measures and keep funding...
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