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Apr 12, 2012

NYT Global Update: Chinese Media Fight Scandal Fallout; Focus on Bo's Family

Global Update



TOP NEWS

Chinese Media Fight Scandal Fallout; Focus on Bo's Family

By MICHAEL WINES and KEITH BRADSHER
China intensified a propaganda campaign to paper over a split in the Communist Party as hints emerged of the wealth amassed by relatives of Bo Xilai, a deposed official.

In Syria, Activists Report Quiet but No Pullback of Forces

By NEIL MacFARQUHAR and ALAN COWELL
An uncertain cease-fire went into effect in Syria Thursday with none of the familiar reports of shelling by government forces and mayhem in major cities.

Few U.S. Options as North Korea Readies Missile Launching

By MARK LANDLER and JANE PERLEZ
The White House is trying to play down the propaganda value for North Korea's leaders and is readying a response, which could include suspending a food-aid agreement.
Multimedia

Video: TimesCast

An uncertain cease-fire in Syria; George Zimmerman appears in court, and more.
Opinion

Latitude | Viewfinder

The March to Power

By DANIEL POLITI
Egypt's Muslim Brotherhood has caused an uproar by announcing it would run a candidate for president, even though it had previously pledged not to do so.
WORLD

As Rocket Launching Nears, North Korea Continues Shift to New 'Supreme Leader'

By CHOE SANG-HUN
The ruling Workers' Party declared Kim Jong-un to be "supreme leader" and awarded him the title of first secretary during the country's first major political gathering in a year and a half.

Briton's Wanderings Led Him to Heart of a Chinese Scandal

By SHARON LaFRANIERE and JOHN F. BURNS
Neil Heywood's ties to Bo Xilai and his family may have cost him his life and set off China's biggest political scandal in a generation. But precisely why, or how, he died is still unknown.

Surname of Ex-Official's Wife Adds New Twist to Mystery

By SHARON LaFRANIERE
The way Chinese party officials identified the wife of deposed leader Bo Xilai may hint at more trouble for her, experts suggest.
BUSINESS

In Struggling Spanish Town, Hopes of Reopening Mine Are Delayed

By RAPHAEL MINDER
A plan to reopen a mine in Spain has been stalled, angering local residents in need of jobs while leaving environmentalists worried that economic priorities will trump safety concerns.

Stocks Post Strong Gains

By REUTERS
Wall Street shares rose despite an unexpected rise in initial jobless claims in the latest week.

Stumbling Blocks in a Booming, Newly Opened Economy

By THOMAS FULLER
As Myanmar opens up to the world, foreign investors describe the country as a new frontier. But many worry about a lack of skilled labor, crumbling infrastructure and surprisingly high prices.
TECHNOLOGY

Cut in E-Book Pricing by Amazon Is Set to Shake Rivals

By DAVID STREITFELD
The government's decision to pursue major publishers on antitrust charges has put Amazon, the nation's largest bookseller, in a powerful position to decide how much an e-book will cost.

Facebook Offers More Disclosure to Users

By KEVIN J. O'BRIEN
Seeking to address criticism of its privacy practices, the social networking site said it would provide a downloadable archive of the many types of data on individuals that it stores and tracks.

Sony Chief Unveils Plans to Revive Company

By HIROKO TABUCHI and BETTINA WASSENER
Kazuo Hirai said he would focus Sony's resources away from its unprofitable television business and more toward mobile devices, cameras and games.
SPORTS

For Some Fans, History Is Meant to Be Shared

By CHRISTOPHER CLAREY
When a fan grabbed a potentially valuable ball that Louis Oosthuizen tossed into the Master crowd, it was a refreshing reminder that some don't care about making money off memorabilia.

In Crunch Time, Dortmund Excels

By ROB HUGHES
The club beat Bayern Munich, 1-0, to increase its chances of winning a second consecutive Bundesliga title.

Rugby's Video Review System Sparks Controversy

By EMMA STONEY
Super Rugby faces questions about its new white card system after one team offered no evidence to back up its claims that opposing players tried to gouge their eyes during play.
U.S. NEWS

Suspect in Trayvon Martin Shooting Appears in Court

By SERGE F. KOVALESKI LIZETTE ALVAREZ and MICHAEL COOPER
In a brief proceeding on Thursday, an arraignment was set for May 29 for George Zimmerman.

N.R.A.'s Influence Seen in Expansion of Self-Defense Laws

By ERICA GOODE
More than two dozen so-called Stand Your Ground statutes enacted in recent years are drawing greater scrutiny in light of the Trayvon Martin case.

Ex-Hostages Keep Pressing for Right to Seek Damages From Iran

By MATTHEW L. WALD
As successive administrations have honored an accord with Iran, the hostages have not given up their efforts in courts and in Congress.
OPINION
Op-Ed Contributor

Don't Give Up on Mideast Peace

By JIMMY CARTER
The current focus of leaders in Washington and Jerusalem on Iran has obscured the near-death of the Israeli-Palestinian peace negotiations.
Op-Ed Contributor

If at First Iran Says No, Try, Try Again

By VOLKER PERTHES
The odds of convincing Tehran to curb its nuclear ambitions are low, but not hopeless.
Op-Ed Contributor

Why Trees Matter

By JIM ROBBINS
They offer much more than shade. They cool and clean the earth and reduce stress.

Reuters - Daily Investor Update: Big banks face $638 billion shortfall on new rules

Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between

Wall Street ends up more than 1 percent
NEW YORK (Reuters) - U.S. stocks notched a second day of solid gains on Thursday, led by materials and energy stocks, as investors set aside weak figures on the domestic labor market.
Google announces stock dividend
SAN FRANCISCO (Reuters) - Google Inc announced plans to give investors a stock dividend on Thursday, as the search giant reported first quarter revenue roughly in line with Wall Street estimates.
Walmart International focusing on existing markets
(Reuters) - Wal-Mart Stores Inc is focused on improving results in China and other foreign countries where it already operates, rather than on entering new markets, its top international executive said on Thursday.
Goldman to pay $22 million to settle "huddles" case
WASHINGTON (Reuters) - Goldman Sachs agreed to pay $22 million to settle civil charges arising from company procedures that created the risk select clients would receive market-sensitive information, such as changes to Goldman's recommendation lists and its ratings of stocks.
Jobless claims cast cloud on labor market
WASHINGTON (Reuters) - The number of Americans filing for jobless aid hit a two-month high last week and more applications were received in the prior week than initially reported, suggesting a cooling in the labor market recovery.
IMF may need less money to rebuild warchest: Lagarde
WASHINGTON (Reuters) - The International Monetary Fund is considering scaling back how much money it needs to rebuild its war chest for handling financial crises, and it may not strike a deal with members next week, the IMF head said on Thursday.
Exclusive: Restructuring firm AlixPartners for sale: sources
NEW YORK (Reuters) - Private equity firm Hellman & Friedman is exploring a sale of AlixPartners in a deal that could value the restructuring advisory firm at more than $1 billion, according to four people familiar with the matter.
Kraft discontinues Athenos Greek yogurt
(Reuters) - Kraft Foods Inc is discontinuing its Athenos line of Greek yogurt, the company said on Thursday, exiting the fast-growing U.S. Greek yogurt market.
Microsoft wins its biggest cloud computing client
LONDON (Reuters) - Microsoft announced its biggest-ever customer for cloud computing - software that it hosts on behalf of clients and delivers over the Internet - after winning a contract to provide free services to a major Indian education body.
Big banks face $638 billion shortfall on new rules
LONDON/ZURICH (Reuters) - The world's biggest banks would have needed to find more than $600 billion if tough new capital rules to be phased in from 2013 had been in place last year.