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Medici lawyer says Kohn didn't get Madoff payments
reuters
Fri, 03 Jul 2009 13:17:20 -0400
NEW YORK/VIENNA (Reuters) - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.
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Putin rejects Obama criticism before meeting
reuters
Fri, 03 Jul 2009 15:08:05 -0400
MOSCOW (Reuters) - Russian Prime Minister Vladimir Putin on Friday rejected U.S. President Barack Obama's charge that he was mired in Cold War thinking, setting the scene for a stormy first meeting at a Moscow summit next week.
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North Korea raises stakes with new missile launch
reuters
Fri, 03 Jul 2009 22:49:52 -0400
SEOUL (Reuters) - North Korea test-fired two Scud missiles on Saturday, South Korea's Yonhap news agency said, raising the stakes in its military moves and further stoking regional tensions already high due to its nuclear test in May.
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U.S. drone kills 10 in Pakistan, copter crash kills 26
reuters
Fri, 03 Jul 2009 14:45:21 -0400
WANA, Pakistan (Reuters) - A U.S. drone aircraft fired missiles on Friday into Pakistan's South Waziristan region, killing 10 militants, officials said, ahead of an expected Pakistani military offensive in the area.
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Honduras rulers reject OAS call for Zelaya return
reuters
Fri, 03 Jul 2009 22:38:24 -0400
TEGUCIGALPA (Reuters) - Honduras's interim rulers spurned a demand from the Organization of American States on Friday to restore leftist President Manuel Zelaya to power, deepening Central America's worst political crisis in decades.
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Iranian cleric says UK embassy staff face trial
reuters
Fri, 03 Jul 2009 17:27:27 -0400
TEHRAN (Reuters) - A senior Iranian cleric warned on Friday that detained British embassy staff would face trial for their alleged role in post-election unrest, and EU countries summoned Iranian envoys to protest against the detentions.
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Stanford clients sue insurance broker Willis Group
reuters
Fri, 03 Jul 2009 16:48:47 -0400
NEW YORK (Reuters) - Several Mexican clients of Stanford Financial Group have sued insurance broker Willis Group Holdings Ltd , contending it was a willing participant in a $7 billion fraud at the Texas-based investment company.
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Earnings to set tone for stocks in week ahead
reuters
Fri, 03 Jul 2009 04:54:44 -0400
NEW YORK (Reuters) - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.
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Teck to sell 17 percent stake to China for C$1.74 billion
reuters
Fri, 03 Jul 2009 17:29:07 -0400
TORONTO (Reuters) - Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.
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