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Russia to hold talks with Syrian opposition, Annan

MOSCOW (AP) — Russia says it will hold talks with two Syrian opposition groups, officials from President Bashar Assad’s government, and with UN envoy Kofi Annan later in July. Deputy Foreign Minister Mikhail Bogdanov was quoted by the RIA Novosti agency as saying Monday that the first group headed by opposition leader Michel Kilowill will arrive later this week. He ...

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Apple settles China iPad trademark dispute for $60 million

SHANGHAI (Reuters) – Apple Inc has paid $60 million to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world’s most valuable technology company engaged in a protracted legal tussle with a near-bankrupt…

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Are Spain the best team of all time?

Spain thrashed Italy 4-0 in the final of Euro 2012 in Kiev on Sunday to win their third major tournament in a row. Vicente del Bosque led his side to an emphatic victory in Ukraine to become the first coach to win a World Cup, a European Championship and a Champions League title. Spain have now won the last two ...

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Mursi faces challenge to bring Egypt’s Copts on side

One of the toughest challenges that will face Egypt's new President, Mohammed Mursi, will be relations with the country's Coptic Christian community. In the presidential run-off election, Copts, who make up about 10% of the population, voted overwhelmingly for Mr Mursi's rival, former Prime Minister Ahmed Shafiq, motivated by concerns about having an Islamist as head of state. Since being ...

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Journalist challenges Iceland’s president

Icelanders have voted to elect a new president, with a 37-year-old mother with a newborn no political experience challenging Olafur Ragnar Grimsson as he seeks a fifth straight term. Polling booths closed at 2200GMT on Saturday, and the first results were expected about an hour later. Some 236,000 people were eligible to vote, with opinion polls in the final days ...

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Surprising Winners and Losers in 2012 (so Far)

By GREGORY ZUCKERMAN At the year’s halfway mark, investors are enjoying some surprising, and hard-fought, gains. The market has overcome—or at least managed to deal with—an array of obstacles, from European debt and slow growth in the U.S. economy to weakness in formerly robust emerging-market economies including China, Brazil and India. And Friday’s big stock rally didn’t hurt. The Standard ...

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Hong Kong marks 15 years since Chinese handover

Hong Kong has begun marking the 15th anniversary since its handover from UK to Chinese control. Chinese President Hu Jintao is due to lead the main ceremony. He earlier swore in businessman CY Leung as the city's new leader. Thousands of protesters…

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Cultural pluralism creates cultural bliss

*/ Many minorities in the United States grow up with the idea that the ‘melting pot’, mentioned in many textbooks and historical references, was a good thing- the romantic and exotic idea that America was made up of so many cultures that came together in harmony to create a magical and wondrous land- a place where pink elephants, chocolate ...

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World powers agree on Syria transition plan: Annan

GENEVA: World powers agreed Saturday on a power transition plan for strife-hit Syria, with the unity government to include members of the present government as well as opposition, international envoy Kofi Annan said. A crunch meeting in Geneva agreed that the transitional government "could include members of the present government and the opposition and other groups and shall be formed ...

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BMW and Toyota Team Up to Build Next Generation of Cars

NEW YORK (CNBC) — BMW, the world’s largest luxury automaker, is teaming up with Toyota, Japan’s largest automaker, to focus on the next generation of cars. More specifically they will be developing electric drivetrains, fuel cell technology and finding new ways to make lighter vehicles. In announcing the new agreement, Toyota CEO…

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