Latest worldwide news UPDATE 1-Zynga's new CEO to get pay package worth some $50 million | | SAN FRANCISCO, July 3 (Reuters) - Don Mattrick, the head of Microsoft Corp's Xbox business who will replace Zynga Inc founder Mark Pincus as chief executive next week, will get a hefty, largely stock-based compensation package of about $50 million in coming years, the company said in a regulatory filing on Wednesday. |
UPDATE 1-Vale obtains license to expand giant Amazon iron ore mine | | RIO DE JANEIRO, July 3 (Reuters) - Vale SA, the world's largest iron ore miner, received a license from Brazil's Environmental Protection Agency to build a $19.5 billion expansion to its giant Carajas iron ore mining project, CEO Murilo Ferreira said on Wednesday. |
CANADA STOCKS-TSX drops as China, Portugal spur growth fears | | * TSX down 45.61 points, or 0.38 percent, at 12,132.71 * Nine of 10 main index sectors decline * RBC drops, has biggest negative influence * Gold-mining shares rise with bullion By John Tilak TORONTO, July 3 (Reuters) - Canada's main stock index fell on Wednesday as sluggish economic data out of China and a resurgence of debt crisis fears in Portugal revived global growth concerns and caused declines in most major sectors, offsetting a jump in shares of gold miners. Data |
RWE shares drop as Gazprom ruling brings no boost | | FRANKFURT (Reuters) - Germany's No.2 utility RWE has doused hopes of an earnings boost following a legal ruling last week, compounding concerns about a looming profit squeeze and sending its shares... |
Island nations at risk | | Kieren Keke remembers growing up on the Pacific island of Nauru, the world's smallest independent republic. |
Egypt army commander suspends constitution | | July 3 - Fireworks burst over Cairo's Tahrir Square, the center of protests against President Mohamed Mursi, and across the Egyptian capital after the army suspended the constitution and appointed a new, interim head of state. Rough Cut (no reporter narration). |
Egypt's Brotherhood says military plans coup | | July 3 - Egypt's Muslim Brotherhood, the Islamist group President Mohamed Mursi hails from, says the military is planning a coup ahead of a deadline to fix the country's political crisis. Jessica Gray reports. |
Abbas accepts PM's resignation | | Palestinian President Mahmoud Abbas on Sunday accepted the resignation of the newly-appointed prime minister, who steps down three weeks after taking office. |
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