DUBAI (Reuters) – Egyptian entrepreneur Naguib Sawiris aims to shake up debt-laden Telecom Italia and steer it towards expansion in Brazil if shareholders warm up to his proposal for a 3 billion euro ($ 3.9 billion) cash infusion.The billionaire tycoon, who got to know Italy well when he owned the third-biggest mobile operator Wind, has put on the table a capital increase that could make him one of...
Nov
27
Exclusive: Egyptian investor seeks to put stamp on Telecom Italia
Label: Technology
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Outbreak-Tied Peanut Butter Plant Shut
Label: HealthNov 26, 2012 7:37pmThe Food and Drug Administration today shut down the country’s largest organic peanut butter processor following a salmonella outbreak that sickened scores of people nationwide.For the first time the FDA has utilized new power granted by the 2011 food safety law and shut down Sunland Inc.’s New Mexico processing plant.In a statement on their website, the FDA said that the link between...
Nov
26
Tourists visit Southfork to remember Larry Hagman
Label: LifestylePARKER, Texas (AP) — Tourists and locals flocked to Southfork Ranch on Saturday, bringing flowers in memory of Larry Hagman, who played the infamous J.R. Ewing on the TV show “Dallas.”Hagman died in Dallas on Friday at age 81 due to complications from his battle with cancer.Southfork, a ranch north of Dallas, was known to millions of viewers as the Ewing family home. Exterior shots of the house and...
Holiday shopping season off to record start
Label: BusinessNEW YORK (AP) — If you make holiday shopping convenient, Americans will come in droves.It's estimated that U.S. shoppers hit stores and websites at record numbers over the Thanksgiving weekend, according to a survey released by the National Retail Federation on Sunday. They were attracted by retailers' efforts to make shopping easier, including opening stores on Thanksgiving evening, updating mobile...
Israel successfully tests missile defense system
Label: WorldJERUSALEM (AP) — Israel successfully tested its newest missile defense system Sunday, the military said, a step toward making the third leg of what Israel calls its “multilayer missile defense” operational.The “David’s Sling” system is designed to stop mid-range missiles. It successfully passed its test, shooting down its first missile in a drill Sunday in southern Israel, the military said.The system...
After His Vulgar Assault on Jenny Johnson, Chris Brown Quits Twitter
Label: TechnologyChris Brown is really bad at public relations. The 23-year-old rapper went on a memorably vulgar tirade against comedian Jenny Johnson on Sunday and apparently realized soon thereafter that it was a bad idea, because he scrambled to cover his tracks. But deleting tweets does not erase their previous existence and deactivating your Twitter account does not take away all of the bad things you did with...
Donald preparing for surgery on sinuses
Label: HealthDUBAI (Reuters) – World number two Luke Donald is planning to have an operation in the off-season in an attempt to cure a lingering problem with his sinuses.“My sinuses are all completely clogged up and every time I get a little bit run down they turn into infections,” the 34-year-old Briton told reporters after finishing in a tie for third place at the DP World Tour Championship on Sunday.“Hopefully...
Nov
25
Hobbits, superheroes put magic in NZ film industry
Label: LifestyleWELLINGTON, New Zealand (AP) — A crate full of sushi arrives. Workers wearing wetsuit shirts or in bare feet bustle past with slim laptops. With days to go, a buzzing intensity fills the once-dilapidated warehouses where Peter Jackson‘s visual-effects studio is rushing to finish the opening film in “The Hobbit” trilogy.The fevered pace at the Weta Digital studio near Wellington will last nearly until...
Tourists visit Texas ranch to remember 'Dallas' star Larry Hagman
Label: BusinessPARKER, Texas (AP) — Tourists and locals flocked to Southfork Ranch on Saturday, bringing flowers in memory of Larry Hagman, who played the infamous J.R. Ewing on the TV show "Dallas."Hagman died in Dallas on Friday at age 81 due to complications from his battle with cancer.Southfork, a ranch north of Dallas, was known to millions of viewers as the Ewing family home. Exterior shots of the house and...
Egypt reformist warns of turmoil from Morsi decree
Label: WorldCAIRO (AP) — Prominent Egyptian democracy advocate Mohammed ElBaradei warned Saturday of increasing turmoil that could potentially lead to the military stepping in unless the Islamist president rescinds his new, near absolute powers, as the country’s long fragmented opposition sought to unite and rally new protests.Egypt‘s liberal and secular forces — long divided, weakened and uncertain amid the...
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