Monday, 29 October 2012

Latest Headlines:





A family runs for the last subway shuttle to Grand Central Station in New York October 28, 2012. REUTERS/Carlo Allegri

U.S. East Coast shuts down as Hurricane Sandy looms

Hurricane Sandy, a mammoth storm menacing the U.S. East Coast, takes aim at the most densely populated region, forcing hundreds of thousands to seek higher ground, halting public transport and closing schools, businesses and government departments. Full Article

Bertelsmann and Pearson to merge book businesses 7:28am GMT

FRANKFURT - Education and publishing group Pearson Plc and Germany's Bertelsmann said on Monday they have agreed to combine their publishing divisions, Penguin and Random House, with Bertelsmann holding the upper hand in the new entity.


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Petronas agrees to renew bid for Canada's Progress - sources

5:16am GMT
KUALA LUMPUR - Malaysian state oil firm Petronas will renew a bid for gas producer Progress Energy Resources, Petronas sources said, seeking to assure the Canadian government that the C$5.17 billion (3.2 billion pounds) deal will benefit the country.
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Analysis - Euro zone ponders best path to "GEMU"

6:02am GMT
PARIS - In the rich lexicon of Brussels acronyms, a new treasure has entered the vocabulary since June: GEMU.
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Former pop star Gary Glitter held in Savile probe

28 Oct 2012
LONDON - British police arrested convicted sex offender and former pop star Gary Glitter on Sunday as part of an investigation into allegations of child sex abuse by the late BBC presenter Jimmy Savile, media said. | Video
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Greece says EU/IMF lenders refuse to concede on reforms

28 Oct 2012
ATHENS - Greece's foreign lenders have refused to make any further concessions on changes to labour laws contested by a junior coalition partner, the country's finance minister said on Sunday, prolonging an impasse on a crucial austerity package.
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Hurricane Sandy menaces U.S. coast, closing schools, markets, businesses

7:50am GMT
- Hurricane Sandy, a mammoth storm menacing the East Coast, took aim at the most densely populated U.S. region on Monday, forcing hundreds of thousands to seek higher ground, halting public transport and closing schools, businesses and government departments. | Video

Parts of New Jersey, Maryland evacuated ahead of Sandy

Oct. 28 - Americans have been warned to prepare for widespread power outages and severe flood as the East Coast braces for Hurricane Sandy to make landfall. Deborah Gembara reports.


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