Archive for October, 2010
Rousseff rides economic boom to Brazil’s presidency
By Brian Winter SAO PAULO (Reuters) – Former guerrilla leader Dilma Rousseff won Brazil’s presidential election in resounding fashion on Sunday after promising to stick to policies that have lifted millions from poverty and made Brazil one of the world’s hottest economies. The ruling party’s candidate won 55.96 percent of valid votes compared to 44.04 percent for the opposition’s Jose Serra, with 99 percent of ballots counted
Factbox: Possible members of Rousseff cabinet in Brazil
SAO PAULO (Reuters) – Brazil’s president-elect, Dilma Rousseff, is expected to choose some familiar names for her cabinet in the coming weeks after her victory in Sunday’s election.
Instant View: Rousseff wins Brazil presidential election
SAO PAULO (Reuters) – Ruling party candidate Dilma Rousseff won Brazil’s presidential election on Sunday in a runoff vote and will become the first woman to lead Latin America’s largest economy. Rousseff had 55.8 percent of the valid votes against 44.2 percent for opposition candidate Jose Serra with more than 97 percent of the ballots tallied.
Nikkei seen hitting fresh 7-week lows on yen
TOKYO (Reuters) – Japan’s Nikkei on Monday is likely to extend falls from a seven-week low hit last week, hurt by the yen’s hovering near a record high against the dollar, but trade may be kept in check due to investor caution before a series of key events.
At least 7 hostages killed in rescue from Iraq church
By Waleed Ibrahim and Muhanad Mohammed BAGHDAD (Reuters) – At least seven Iraqi Catholics died on Sunday when police stormed a Baghdad church where gunmen were holding dozens of parishioners hostage, threatening to kill them if al Qaeda prisoners were not released. The U.S.
UPDATE 1-Niger aims for civilian rule with constitution vote
* Heavy security for vote after alleged coup attempt * Early signs of low turnout despite junta call * Preliminary results are expected Wednesday or Thursday (Adds indications on turnout) By Abdoulaye Massalaatchi NIAMEY, Oct 31 (Reuters) – Voters in Niger turned out under tight security on Sunday for a referendum on a new constitution intended to pave the way for civilian rule.
Conoco restart Bayway refinery units -filing
HOUSTON, Oct 31 (Reuters) – ConocoPhillips (COP.N: Quote , Profile , Research ) began restarting units at its 238,000 barrel per day (bpd) Bayway refinery in Linden, New Jersey, on Saturday, according to a notice filed with the U.S. National Response Center. The refinery has sustained two power outages since Monday and several units were shut due to planned work underway prior to the Oct
Yemen frees parcel bomb suspect conditionally: relative
SANAA (Reuters) – Yemen freed on Sunday a female suspect detained in connection with explosive packages sent from Yemen and bound for the United States on condition that she appears when summoned for questioning, a relative said. Asked if the woman had been released, a family member who refused to be identified, replied: “Yes.” (Reporting by Mohamed Sudam, writing by Raissa Kasolowsky)
Madoff trustee spent $26.9 million to recover $849,000 in Q2, Q3
By Ernest Scheyder NEW YORK (Reuters) – A trustee overseeing the bankruptcy of Bernard Madoff’s investment firm spent $26.9 million in the second and third quarters to recover $849,000 for Madoff’s victims, according to a federal court filing. Irving Picard, the trustee, said in a filing with Manhattan federal court that much of the expense — $15.8 million — went to cover fees for his law firm, Baker & Hostetler LLP.
Madoff trustee spent $26.9 mln to recover $849,000 in Q2, Q3
* Trustee’s Q2, Q3 expenses outweigh recoveries * Biggest chunk of fee goes to trustee’s law firm * About $1.5 billion has been recovered so far for victims By Ernest Scheyder NEW YORK, Oct 31 (Reuters) – A trustee overseeing the bankruptcy of Bernard Madoff’s investment firm spent $26.9 million in the second and third quarters to recover $849,000 for Madoff’s victims, according to a federal court filing. Irving Picard, the trustee, said in a filing with Manhattan federal court that much of the expense — $15.8 million — went to cover fees for his law firm, Baker & Hostetler LLP. Picard said his “ability to call on the resources of Baker & Hostetler in such areas as corporate, real estate, bankruptcy, securities, employment, tax, banking and litigation has been of material assistance.” Since beginning the task of weeding through the aftermath of Madoff’s Ponzi scheme, Picard has recovered about $1.5 billion for victims through Sept.
