Jan
04

Venezuela VP: Chavez could be sworn in by court

CARACAS, Venezuela (AP) — Venezuela's vice president said Friday that President Hugo Chavez could be sworn in by the Supreme Court later on if he's not able to take the oath of office next week before lawmakers because of his struggle with cancer.Vice President Nicolas Maduro made the comment in a televised interview on Friday night, dismissing the argument by some opposition leaders that new elections...
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Chavez swearing-in can be delayed: Venezuelan VP

 President Hugo Chavez's formal swearing-in for a new six-year term scheduled for January 10 can be postponed if he is unable to attend due to his battle to recover from cancer surgery, Venezuela's vice president said on Friday.Nicolas Maduro's comments were the clearest indication yet that the Venezuelan government is preparing to delay the swearing-in while avoiding naming a replacement for...
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Jan
03

Fed minutes short-circuit Wall Street rally

NEW YORK (Reuters) - Stocks dipped on Thursday after signs the Federal Reserve has growing concern about its highly stimulative monetary policy, giving investors reason to pull back after a two-day rally.The minutes from the Fed's December policy meeting, released on Thursday, showed increasing reticence about adding to the central bank's $2.9 trillion balance sheet, which it expanded sharply in response...
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Asian shares drop on Fed minutes, dollar extends gain

 Asian shares fell on Friday, tracking overnight weakness in global equities, but the dollar gained as U.S. debt yields rose after several Federal Reserve officials expressed concerns about continuing to expand stimulative bond buying.Minutes from the Fed's December policy meeting released on Thursday showed some voting members of the Federal Open Market Committee were increasingly concerned...
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Wal-Mart appoints Lev Khasis to develop new store concepts

The world's largest retailer Wal-Mart Stores Inc appointed Lev Khasis as president and chief executive of New Formats for Walmart International, a company spokesperson said.Khasis, who joined Wal-Mart in 2011 as senior vice-president, will focus on developing new store concepts that can be deployed across markets, Wal-Mart spokesperson Kevin Gardner said in an e-mail statement.Khasis built up Russia's...
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Congress members seek investigation of Shell barge

 Calls for federal scrutiny of Royal Dutch Shell PLC drilling operations in Arctic waters swelled Thursday with a request for a formal investigation by members of Congress.The House Sustainable Energy and Environment Coalition called on the Interior Department and the Coast Guard to jointly investigate the New Year's Eve grounding of the Shell drilling vessel Kulluk on a remote Gulf of Alaska...
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Google emerges from FTC probe relatively unscathed

 Google has settled a U.S. government probe into its business practices without making any major concessions on how the company runs its Internet search engine, the world's most influential gateway to digital information and commerce.Thursday's agreement with the Federal Trade Commission covers only some of the issues raised in a wide-ranging antitrust investigation that could have culminated...
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Jan
02

Ivory Coast stampede survivors blame barricades

ABIDJAN, Ivory Coast (AP) — Survivors of a stampede in Ivory Coast that killed 61 people, most of them children and teenagers, after a New Year's Eve fireworks display said Wednesday that makeshift barricades stopped them from moving along a main boulevard, causing the crush of people.Ivory Coast police said unknown people put tree trunks across the Boulevard de la Republique where the trampling took...
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C. African Republic leader faces rebel threat

DAMARA, Central African Republic (AP) — More than 30 truckloads of troops from Chad line the two-lane highway just outside of Damara, supporting Central African Republic government forces who want to block a new rebel coalition from reaching the capital.In a display of force, the turbaned fighters hold their rocket-propelled grenades and other weapons they threaten to use if the rebels seeking to...
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Venezuela's opposition demands "whole truth" about Chavez health

CARACAS (Reuters) - Venezuela's opposition on Wednesday demanded the government tell "the whole truth" about the health of cancer-stricken President Hugo Chavez, who has not been heard from in three weeks after undergoing a grueling operation in Cuba.Officials have acknowledged the usually garrulous former soldier's health is delicate after his fourth cancer surgery in 18 months, but they have offered...
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