Consella Lee

China's Space Race: 3 Astronauts, Including First Woman, Return To Earth After Shenzhou 9 Manned Historic Dockings

Three Chinese astronauts, including the first woman, returned to Earth after their manned spaceship successfully docked to another craft in orbit. The Shenzhou 9 space capsule safely parachute landed about 10 a.m. Beijing time Friday in Inner Mongolia, an autonomous region of the People's Republic of China, following a 13-day mission that marked a major stride in China's ambitious space program.

ECB Holds Rates As Price Pressures Prevent Cut

The European Central Bank held its main interest rate at 1.0 percent on Thursday as stubborn inflation offset pressure to loosen borrowing costs further to support the weak eurozone economy.

Facebook To Pay Banks 1.1% Fee For Managing IPO

Senior Facebook executives met Monday with analysts and bankers, but CEO Mark Zuckerberg didn't attend. The company's chief financial officer told attendees that Zuckerberg prefers to focus on developing Facebook's social-networking service.

Gold Recovers as Dollar Retreats, Buyers Step In

Gold is down more than 6 percent since late February, having dropped sharply from the year's highs after U.S. Federal Reserve chairman Ben Bernanke held off signaling a further round of U.S. monetary easing in a key speech.

Iran Will Dominate Obama-Netanyahu Talks

The U.S. and Israeli leaders will try to sort out their differences over what Washington fears could be an Israeli attack on Iran's nuclear sites. With the U.S. presidential election just eight months away, Obama's Republican foes have been quick to paint him as tough on Israel and soft on Iran.

Tornadoes Kill 12 in Midwest

The storms raised fears that 2012 will be another bad year for tornadoes after 550 people died in the United States from them last year, the deadliest year in nearly a century, according to the Weather Service.

New York Times Reporter Anthony Shadid Dies in Syria

Shadid, 43, was on a reporting assignment in eastern Syria when he died, according to an obituary posted on the Times web site. It said Shadid was carried across the border into Turkey by Times photographer Tyler Hicks.

UN General Assembly to Vote on Syria Resolution

Syrian President Bashar Assad ordered a referendum for later this month on a new constitution that would allow political parties other than his ruling Baath Party as part of promised reforms, The Associated Press said.

U.S. Industrial Output Flat on Utilities, Mining

The Fed revised December's industrial output to show a solid 1.0 percent increase instead of the previously reported 0.4 percent gain, pointing to underlying strength in the economy. Economists polled by Reuters had expected industrial production to increase 0.7 percent last month .

Two Top Ford Executives Set to Retire

The moves puts the focus on Mark Fields, 50, who runs Ford's operations in North and South America, and Joe Hinrichs, 45, who runs the automaker's operations in Asia, as the leading internal candidates to succeed Mulally.

U.S. Reaches Mortgage Deal with Top Banks

The announcement caps more than a year of chaotic negotiations among state and federal officials, and the banks, who have been accused of using robosigners and unlawful documentation to deal with a flood of foreclosures.

Ex UBS Trader Adoboli Denies Fraud, Faces Trial

The trial, which is likely to shine a searching light on the adequacy of the bank's management and risk controls, could land Adoboli with a maximum 10-year jail sentence if convicted of the two counts of fraud and two of false accounting.

France, Germany to Push Crisis Plan

The president of the European Commission appealed to EU leaders on Thursday to set aside their differences and unite to rescue the euro from a sovereign debt crisis that is menacing the world economy.

Blasts Across Afghanistan Target Shi'ites, 59 Dead

A suicide attack killed dozens of Shi'ite Muslims at a crowded Kabul shrine on Tuesday, and four others died in a smaller blast in a key northern city, in the worst sectarian violence Afghanistan has seen since the fall of the Taliban.

Fed Must Act Now to Boost Economy, Evans Says

The Federal Reserve must take immediate action to inject new life into a moribund U.S. recovery or risk letting the nation settle into a permanently lower growth path, a top Fed official said on Monday.

Coke Says Child's Death in China Not Linked to Product

Coca-Cola Co. defended on Friday the safety of its yogurt drinks sold in northern China, denying there was any link to the death of a child or the illness of three other people who had consumed the drinks, but said it removed the product from shelves in a precautionary move.

Assange Can Take Extradition Fight to Top UK Court

British judges ruled on Monday that Julian Assange, founder of the whistle-blowing Web site Wikileaks, could take his year-long fight against extradition to Sweden to the Supreme Court, the highest court in the land.

Italy PM Monti Unveils Sweeping Austerity Package

Prime Minister Mario Monti, boosted by positive market reaction, takes a 30 billion euro austerity package to Italy's parliament on Monday to help stem a debt crisis threatening to overwhelm the Eurozone.

Smith Replaces Glocer as Thomson Reuters CEO

Thomson Reuters Corp Chief Executive Tom Glocer is stepping down at the end of the year following a slump in the share price in recent months. He will be replaced by Chief Operating Officer James Smith, a veteran Thomson executive who has run the company's most successful operations.

Islamists Seen Winners in Egypt Election

Initial results of Egypt's first free election in six decades will emerge on Thursday, with Islamist parties expecting to command a majority in parliament, hard on the heels of victories by their counterparts in Tunisia and Morocco.

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