CVC, RBS raise $290 million in Samsonite stake sale-term sheet

HONG KONG (Reuters) - Private equity firm CVC Capital Partners and Royal Bank of Scotland sold a combined $290 million stake in Hong Kong-listed luggage maker Samsonite International , a term sheet seen by Reuters showed.The 138.3 million shares were sold at HK$16.20 each, a 4.9 percent discount to Samsonite's Friday's close of HK$17.04, the terms showed. That would put the total deal at HK$2.24...

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Corvette enthusiasts await debut of 2014 model

DETROIT (Reuters) - Members of America's Corvette Club can't wait to see General Motors Corp's 2014 Chevrolet Corvette Stingray, the first new Corvette in nine years, which the automaker will unveil this week at the annual Detroit auto show.The seventh generation Corvette, called C7 by fans of the iconic American sportscar, has a front-mounted engine and a shape like a race car. GM showed it to the...

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Apple cuts LCD panel orders for iPhone 5 on weak demand: Nikkei

(Reuters) - Apple Inc has almost halved its order with suppliers of LCD panels for the iPhone 5 in the current quarter due to weak demand, the Nikkei reported on Monday.Apple has asked suppliers Japan Display Inc, Sharp Corp and South Korean company LG Display Co Ltd, to cut supply, down from an initial plan to order about 65 million units in the quarter, the Japanese daily said.Japan Display's plant...

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NHL: Labor dispute moves into courts with talks stalled

(Reuters) - After three months of failed negotiations, the labor dispute between the National Hockey League (NHL) and locked out players moved into the courts on Friday, with the league filing a class action complaint against the players' union.The league asked U.S. courts to confirm the legality of the lockout. It also filed an unfair labor practice against the players' union.The players' union...

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Players to vote on whether board can dissolve union

(Reuters) - Locked out National Hockey League (NHL) players will begin voting on Sunday on whether to give the players association's executive board authority to file a "disclaimer of interest" and dissolve their union.Voting will be done electronically and continue through Thursday, a source familiar with the proceedings told Reuters on Saturday.A two-thirds majority will be needed to give the 30-member...

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Owners and players return to table but no closer to deal

(Reuters) - National Hockey League owners and players returned to the bargaining table on Wednesday in a late push to salvage a scaled down season but the two sides appear no closer to reaching a deal.After negotiations on a new collective bargaining agreement (CBA) collapsed last Thursday amid angry rhetoric, talks resumed at a secret location with NHL Commissioner Gary Bettman and players union...

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China's Huawei expects profit jump after reporting drop in 2011

HONG KONG (Reuters) - China's Huawei Technologies Co Ltd, the world's No.2 telecom equipment maker, expects a 2012 profit gain after reporting a sharp drop a year ago, thanks to new projects and increased sales in high-end mobile phone markets such as Japan.Net profit is expected to be around $2.4 billion, rotating and acting Chief Executive Officer Guo Ping said in a New Year message to employees...

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Samsung, Nokia and others hit with fresh patent infringement lawsuit

InterDigital (IDCC) on Thursday filed a complaint with the U.S. International Trade Commission against Samsung (005930), Nokia (NOK), Huawei (002502), and ZTE (000063) for selling devices that allegedly infringe upon seven of its 3G and 4G wireless patents. The company has asked the ITC to block sales of the infringing products, which incorporate WCDMA, CDMA2000, LTE and Wi-Fi technologies. The ITC...

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China Huawei espera aumento de ganancias tras caída en 2011

HONG KONG (Reuters) - La empresa china Huawei Technologies Co Ltd, la segunda empresa de equipos de telecomunicaciones más grande del mundo, espera un aumento de ganancias en el 2012 tras haber reportado una fuerte caída en el período anterior, gracias a nuevos proyectos e incrementos de ventas en mercados de teléfonos móviles de alta gama como Japón.La utilidad neta alcanzaría los 2.400 millones...

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Syrian rebels free 48 Iranians in prisoner swap

DAMASCUS, Syria (AP) — Syrian rebels on Wednesday freed 48 Iranians held captive since August in exchange for the release of more than 2,000 detainees in the first major prisoner swap of the country's civil war, officials said.The exchange, which was brokered by Iran, Turkey and Qatar, came just days after Assad vowed to press ahead with the fight against rebels despite international pressure to...

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Egypt's ultraconservative party chooses new leader

r that reads in Arabic, "the list of al-Nour …more RELATED CONTENTEnlarge PhotoFILE - In this Monday, Dec. 12, …Enlarge PhotoFILE - In this Friday, Nov. 25, …CAIRO (AP) — Egypt's largest ultraconservative Islamist party, which has emerged as a potent political force in the country, elected a new leader Wednesday after the previous head broke away to form his own political group following months of...

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Winter storm batters Mideast, 8 dead

     Enlarge PhotoPalestinians help a man on their …Enlarge PhotoA Palestinian rescue worker helps …AMMAN, Jordan (AP) — The fiercest winter storm to hit the Mideast in years brought a rare foot of snow to Jordan on Wednesday, caused fatal accidents in Lebanon and the West Bank, and disrupted traffic on the Suez Canal in Egypt. At least eight people died across the region.In Lebanon,...

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Soccer-Italian Cup quarterfinal results

Jan 8 (Infostrada Sports) - Results from the Italian Cup Quarterfinal first leg matches on TuesdayQuarterfinalTuesday, January 8Lazio - Catania 3-0 (halftime: 1-0)Next Fixtures (GMT):Wednesday, January 9Juventus v AC Milan (194...

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UPDATE 1-Soccer-Italian Cup quarterfinal summaries

Jan 8 (Infostrada Sports) - Summaries from the Italian Cup Quarterfinal first leg matches on TuesdayLazio 3 Stefan Radu 30, Hernanes 61,90+1Catania 0Halftime: 1-0; Attendance: 25,000- - -Next Fixtures (GMT):Wednesday, January 9Juventus v AC Milan (194...

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UPDATE 1-Soccer-Lowly Bradford stun Villa in League Cup first leg

LONDON, Jan 8 (Reuters) - Fourth tier Bradford City continued their heroics with a 3-1 home victory over Premier League Aston Villa in the Capital One (League) Cup semi-final first leg on Tuesday as the prospect of a shock Wembley final moved ever closer.Bradford, who had already disposed of top flight Wigan Athletic and Arsenal, took the lead when Nahki Wells scored from close range in the first...

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Monster Jam Tickets Rev Up Massive Sales Traffic on BuyAnySeat.com

Tickets to Monster Jam 2013 events are driving massive online search and sales traffic for seats, said Felina Martinez at ticket marketplace BuyAnySeat.com. The shows start up on Friday night, January 4, 2013 in nine U.S. cities from Trenton, New Jersey to Tacoma, Washington.Denver, CO (PRWEB) January 02, 2013Monster Jam is set to kick into high gear again this year. The 2013 shows rev up Friday...

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Jane Yuan and Creative Retail Packaging Pair Up to Develop Branding, Packaging & Web Design for Simple & Crisp

Seattle based Simple & Crisp, an organic dried fruit crisp company, launches branding, custom packaging and website produced by Creative Retail Packaging.Seattle, WA (PRWEB) January 02, 2013Simple & Crisp, an organic, gluten-free dried fruit crisp, has hit the marketplace in full swing with branding, custom packaging and a website created by Creative Retail Packaging. Chief Pairing Purveyor...

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NewsWatch Features ProCamera HD on it's National Television Show as Part of AppWatch

NewsWatch, a nationwide television show, recently aired a news segment about “ProCamera HD”, a new camera app. The segment aired as part of “AppWatch”, a weekly review of the top apps in the marketplace.Washington, DC (PRWEB) January 03, 2013NewsWatch, a nationwide television show, recently aired a news segment about “ProCamera HD”, a new camera app. The segment aired as part of AppWatch, a weekly...

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GM recalls more than 69,000 vehicles that could roll away

(Reuters) - General Motors Co is recalling more than 69,000 full-size trucks and vans globally that could roll away after being parked due to a potential steering column defect, the automaker said on Friday.The vehicles may have been built with a fractured park lock cable or a malformed steering column lock actuator gear, and could roll away after the driver has exited the vehicle, according to documents...

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Canada jobless rate at 4-year low even as growth slows

OTTAWA (Reuters) - Canada's economy created far more jobs than expected in December and the jobless rate slid to a four-year low, bolstering the likelihood of a central bank interest rate rise later this year.The economy added 39,800 jobs in December from November, Statistics Canada said on Friday, well above market expectations for 5,000 jobs and surpassing even the most bullish forecast in a Reuters...

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Canada meets key aboriginal demand amid blockades

 Canada's prime minister will meet with native leaders next week to discuss social and economic issues, an olive branch to an angry aboriginal movement that has blockaded rail lines and threatened to close Canada's borders with the United States.Stephen Harper made no mention of the aboriginal protests in a statement on Friday announcing the January 11 meeting.But the meeting is a key demand...

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Report says Armstrong may confess to doping, though move could have cons and benefits

AUSTIN, Texas - Lance Armstrong is reportedly considering a change in course, dropping his years of denials and admitting that he used performance-enhancing drugs.The New York Times, citing anonymous sources, reported late Friday that Armstrong has told associates he is thinking about the move.However, Armstrong attorney Tim Herman says that the cyclist hasn't reached out to USADA chief executive...

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Lance Armstrong may admit he used banned drugs: NY Times

 Lance Armstrong, the American cyclist at the center of the biggest doping scandal in the sport's history, may admit he used performance-enhancing drugs during his career, the New York Times reported in Saturday's editions, citing unidentified sources.Such an admission would be a stunning reversal for Armstrong, who has vehemently denied doping for years.The Times reported that Armstrong, 41,...

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Confess? Armstrong may not have much to gain

Lance Armstrong may be considering a change in course, dropping his years of denials and admitting that he used performance-enhancing drugs — though whether such a move would help him is uncertain.The New York Times, citing anonymous sources, reported late Friday that Armstrong has told associates he is thinking about the move.However, Armstrong attorney Tim Herman says that the cyclist hasn’t reached...

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FDA proposes sweeping new food safety rules

WASHINGTON (AP) — The Food and Drug Administration on Friday proposed the most sweeping food safety rules in decades, requiring farmers and food companies to be more vigilant in the wake of deadly outbreaks in peanuts, cantaloupe and leafy greens.The long-overdue regulations could cost businesses close to half a billion dollars a year to implement, but are expected to reduce the estimated 3,000 deaths...

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Julia Roberts to star in HBO film on early AIDS epidemic

LOS ANGELES (Reuters) - Julia Roberts will star as a paraplegic physician treating patients early in the AIDS epidemic in the stage-to-screen adaptation of the Tony Award-winning drama "The Normal Heart," U.S. cable television network HBO said on Friday."The Normal Heart," set to air on HBO in 2014, tells the story of the dawning of the epidemic in 1980s New York.Oscar-winner Roberts plays Dr. Emma...

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Bigger Brains Come At A Cost

Comparisons of different animals have shown that larger brains provide greater intelligence, but they also guzzle more energy and have other consequences. Now scientists have observed the effects of varying brain size within a single species: guppies. The work is in Current Biology. [Alexander Kotrschal et al, Artificial Selection on Relative Brain Size in the Guppy Reveals Costs and Benefits of Evolving...

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Chavez swearing-in can be delayed: Venezuelan VP

CARACAS (Reuters) - 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...

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Wall Street Week Ahead - "Cliff" concerns give way to earnings focus

NEW YORK (Reuters) - Investors' "fiscal cliff" worries are likely to give way to more fundamental concerns, like earnings, as fourth-quarter reports get under way next week.Financial results, which begin after the market closes on Tuesday with aluminum company Alcoa , are expected to be only slightly better than the third-quarter's lackluster results. As a warning sign, analyst current estimates are...

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GreenDeals Re-brands Marketplace as Go Green Marketplace

GreenDeals has relaunched their Marketplace for eco-friendly products under a new domain and brand, GoGreenMarketplace.com.Los Angeles, CA (PRWEB) December 31, 2012GreenDeals launched their Marketplace last month to help green minded consumers purchase green products, including eco-friendly, fair trade and organic items in one place. After extensive testing, they have decided to re-brand the GreenDeals...

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Book of Mormon Tickets Remain Atop Most Popular Theatre Tickets List

The Book of Mormon continues to remain at the top of our Most Popular Theatre Tickets list, said Felina Martinez at online ticket marketplace BuyAnySeat.com. The 9-time Tony Award winning musical is currently running at the Eugene O’Neill Theatre in New York, the Bank of America Theatre in Chicago, and the Curran Theatre in San Francisco.Denver, CO (PRWEB) January 01, 2013This bold, bawdy, hilarious...

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Breakout Consulting Offers New Clients $500 Off on Dream Client Marketing Campaign

Leading business consultancy offers businesses of all sizes to strategically target their dream client list.(PRWEB) January 01, 2013Breakout Consulting, a leading small business coaching and consulting firm based in Dearborn, MI is offering new clients a $500 discount on their Dream Client Marketing Campaign focused on attracting the most lucrative buyers in their marketplace. The customized marketing...

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More than 400 Million Devices Are Connected in U.S. Homes, According to The NPD Group

There are 425 million devices connected to the Internet in U.S. homes, according to a new Connected Intelligence report from global information company, The NPD Group.Port Washington, New York (PRWEB) January 02, 2013There are 425 million devices connected to the Internet in U.S. homes, according to a new Connected Intelligence report from global information company, The NPD Group. The Connected Home...

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