Facebook reveals IPO share price

Facebook reveals IPO share price


Facebook reveals IPO share price

Posted: 03 May 2012 01:13 PM PDT

Facebook sets the share price for its upcoming initial public offering at between $28 and $35 per share, valuing the company at $85bn-$95bn.


Deadly Crackdown Reported on Syria University

Posted: 03 May 2012 01:07 PM PDT

Syrian security forces raided the public university in Aleppo early Thursday after antigovernment protests there, killing at least four students, activist groups reported.


Syrian Forces Raid Aleppo University

Posted: 03 May 2012 07:48 AM PDT

Syrian security forces stormed dormitories at Aleppo University to break up antigovernment protests, killing at least four students in a rampage that left part of the campus in flames, activists and opposition groups said.


Karzai Says U.S. Met His Conditions

Posted: 03 May 2012 12:15 PM PDT

Afghan President Hamid Karzai struck a nationalistic tone in explaining his signing of a strategic pact with the U.S., saying that Washington had bowed to many of his demands.


EU and Russia Loom Over Serbian Polls

Posted: 03 May 2012 12:46 PM PDT

Serbia's national elections are turning into a referendum on the country's future, with voters asked to choose between a strategy of ever-deeper ties with the European Union or a policy of forging closer relations with Russia.


Security Outnumbers Protesters at Barcelona ECB Talks

Posted: 03 May 2012 11:31 AM PDT

Around 2,000 students marched peacefully in Spain's second-largest city on Thursday to protest austerity measures and a meeting of the European Central Bank's governing council, as authorities imposed controls at the French border and deployed about 8,000 police officers to prevent disruptions.


aNALYSIS: Chile tax reform double-edged sword for Pinera

Posted: 03 May 2012 01:04 PM PDT

SANTIAGO (Reuters) - Chilean President Sebastian Pinera's tax reform to help fund an education overhaul could help center-right hopefuls ahead of next year's presidential race, but it won't stifle protests and might backfire by spurring calls for even higher spending.


Greek conservative head makes last pitch to voters

Posted: 03 May 2012 12:56 PM PDT

ATHENS (Reuters) - Greek conservative leader Antonis Samaras on Thursday made a last-ditch appeal to voters in Athens, his biggest constituency, for a strong mandate in Sunday's elections to lead the debt-stricken country back to growth and stability.


Argentina to take over Spanish-owned oil firm

Posted: 03 May 2012 12:41 PM PDT

Lawmakers to approve takeover of YPF oil company in President Cristina Fernandez's push for energy self-sufficiency.


WORLD: TimesCast | Chinese Dissident Seeks Exit

Posted: 03 May 2012 12:11 PM PDT

May 3, 2012 - Secretaries Clinton and Geithner continue their economic talks with China which were overshadowed by Chen Guangcheng, who has reversed his position and now wants to leave the country.


Gunman at Italian tax office surrenders to police

Posted: 03 May 2012 12:48 PM PDT

ROME (Reuters) - A man armed with a rifle and two pistols who took hostages at a tax collection office near the northern Italian city of Bergamo on Thursday surrendered after a five-hour standoff, police said.


Bombs Kill 5 in Northwest Pakistan

Posted: 03 May 2012 07:24 AM PDT

Two bomb blasts targeting anti-Taliban tribal elders and security forces killed five people in Pakistan's northwest, an official said.


Russia says it could pre-emptively strike missile shield

Posted: 03 May 2012 12:32 PM PDT

LONDON/MOSCOW (Reuters) - Russia's military chief of staff said on Thursday that Moscow could carry out pre-emptive strikes on future NATO missile defense installations in Europe to protect its security - a stark warning against a system the Kremlin sees as a threat.


Ray Easterling’s Widow to Keep Fighting for Retired N.F.L. Players With Head Injuries

Posted: 03 May 2012 01:07 PM PDT

The widow of Ray Easterling said that she had no plans to move and that she would continue advocating for better medical coverage for retired N.F.L. players with head injures.


Study Finds Concerns on Readiness for Cyberattacks

Posted: 03 May 2012 11:14 AM PDT

"While a great deal of work has been done" on cybersecurity, an official said, "more efforts need to be taken, and there needs to be further action."


Devastated textile town offers lessons for Serbia

Posted: 03 May 2012 12:14 PM PDT

LESKOVAC, Serbia (Reuters) - The Zele Velkovic factory in Leskovac, once famous for its thriving textile industry, was one of the city's biggest when Yugoslavia started to implode in 1991.


Blasts in Russia's Dagestan kill seven, wound dozens

Posted: 03 May 2012 01:07 PM PDT

MOSCOW (Reuters) - Two powerful blasts outside the capital of Russia's Dagestan region killed at least seven people and wounded up to 30 near a police post, Russian media reported on Thursday.


Palestinian Resistance Shifts to Hunger Strikes

Posted: 03 May 2012 12:40 PM PDT

With the peace process stalled, analysts see nonviolent resistance as a critical tactic for the Palestinian national movement.


U.N. Council concerned by recent Congo attacks

Posted: 03 May 2012 12:08 PM PDT

UNITED NATIONS (Reuters) - The U.N. Security Council expressed serious concern on Thursday over recent clashes between the army of the Democratic Republic of Congo and soldiers loyal to a renegade general wanted by the International Criminal court for war crimes.


DealBook: Facebook Sets I.P.O. Price Range at $28 to $35

Posted: 03 May 2012 01:03 PM PDT

At the midpoint of its offering range, the social networking company is on track to raise $10.6 billion, in a debut that could value the company at $86 billion.


Taiwan to improve presidential security after guard suicide

Taiwan to improve presidential security after guard suicide


Taiwan to improve presidential security after guard suicide

Posted: 03 May 2012 01:02 AM PDT

Taiwan said Thursday it will enhance security arrangements at the presidential office after a guard shot himself dead in an apparent suicide while on duty.

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Company director charged for fraud

Posted: 03 May 2012 12:52 AM PDT

A company director pleaded not guilty in the Sessions Court here today to three counts of fraud by providing false information to the Companies Commission of Malaysia (CCM) involving a non-existent cow-rearing investment scheme.

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Licences of travel agencies revoked for cheating customers

Posted: 03 May 2012 12:52 AM PDT

The licences of eight travel and travel agencies were cancelled for fraudulent activities involving clients, from 2010 to March 31, the Dewan Negara was told today.

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Malaysian ports register higher container throughput

Posted: 03 May 2012 12:51 AM PDT

Malaysian ports recorded an increase in container throughput of 0.31 million TEUs (twenty-foot equivalent units) or 6.5 per cent to 5.1 million TEUs in the first quarter 2012 compared with the same period last year, says Transport Minister Datuk Seri Kong Cho Ha today.

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Sarah Burton and Spanx founder feature in Time 100’s most influential people in the world 2012

Posted: 03 May 2012 12:25 AM PDT

The fashion industry hasn't exactly set this year's Time 100 compilation of the world's most influential people alight, although there are nods for the founder of Spanx Sara Blakely and Alexander McQueen creative director Sarah Burton -- who joins an elite group of designers such as Tom Ford and Marc Jacobs to have previously featured in the list.

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Malaysia's affluent aggressive in growing wealth: study

Posted: 03 May 2012 12:19 AM PDT

Seventy-five per cent affluent Malaysians are ambitious and aggressive in growing their wealth to close to US$4 million in 10 years, according to a study by Standard Chartered Bank.

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Green groups say Indonesia deforestation ban 'weak'

Posted: 03 May 2012 12:15 AM PDT

A coalition of green groups in Indonesia on Thursday criticised a moratorium on deforestation as "weak", saying the year-long ban still excludes large tracts of the country's carbon-rich forests.

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Pakatan reps in rally show no respect for law: Ahmad Zahid

Posted: 03 May 2012 12:01 AM PDT

The opposition-backed demonstration around Dataran Merdeka here which turned violent last Saturday shows that the opposition members of parliament involved have no respect for the law which they themselves supported in parliament.

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Airport passenger traffic on the rise

Posted: 03 May 2012 12:00 AM PDT

Passenger traffic at the country's airports grew 3.54 per cent to 15.91 million between January and March, says Transport Minister Datuk Seri Kong Cho Ha.

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Chinese dissident seeks exile, strains US-China ties

Posted: 02 May 2012 11:14 PM PDT

BEIJING (Reuters) - Blind Chinese dissident Chen Guangcheng appealed on Thursday for asylum in the United States, throwing into doubt a deal used to coax him out of hiding in the U.S. embassy in Beijing and fanning U.S.-China tensions at a sensitive time.



VIDEO: Ikea probes forced labour claims

Posted: 02 May 2012 06:45 PM PDT

Ikea is investigating claims it used forced labour in former East Germany to make its furniture during the 1970s and 1980s.


VIDEO: Biker delighted at tsunami Harley find

Posted: 02 May 2012 08:19 AM PDT

The owner of a Harley Davidson swept away by last year's tsunami in Japan is delighted that the motorbike has been found washed up on the Canadian coast.


VIDEO: France parties try to regain trust

Posted: 02 May 2012 11:13 PM PDT

French President Nicolas Sarkozy and his challenger Francois Hollande have traded insults in their only TV debate of the election campaign.


VIDEO: Gingrich suspends presidency bid

Posted: 02 May 2012 10:21 PM PDT

Newt Gingrich has officially ended his bid for the Republican nomination but he did not immediately endorse his rival Mitt Romney.


World Press Freedom Day

Posted: 02 May 2012 10:51 PM PDT

That day is undoubtedly the darkest and ugliest day in the media history of Malaysia!

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Analysts optimistic over MAS-AirAsia MoU

Posted: 02 May 2012 10:50 PM PDT

Analysts are optimist that the Memoranda of Understanding (MoU) between Malaysia Airlines (MAS) and AirAsia will benefit both and the country as well.

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A rare glimpse of North Korea by train

Posted: 02 May 2012 10:39 PM PDT

(PYONGYANG, NORTH KOREA-AFP) - For those who have the rare opportunity, the train linking Dandong in China to Pyongyang in North Korea offers a unique glimpse of the most closed country in the world. Copyright (AFP RELAXNEWS/ AFPTV), 2012.

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Australia had tree-climbing sheep-sized marsupials

Posted: 02 May 2012 10:37 PM PDT

Sheep-sized relatives of modern-day wombats lived in Australian treetops 15 million years ago, a palaeontologist said Thursday as she was honoured for her discovery.

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US ready to help Chinese activist: official

Posted: 02 May 2012 10:28 PM PDT

The United States is ready to help Chinese dissident Chen Guangcheng if he has changed his decision to leave US protection and wants to leave into exile, a senior US official said Thursday.

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Jakarta road 'jockeys' help motorists skirt the rules

Posted: 02 May 2012 10:27 PM PDT

Jakarta's carpooling laws were meant to ease traffic jams. Instead, they have spawned an industry of professional hitchhikers who help drivers comply with highway rules -- for a fee.

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