Co. Paying Just $1,200 for Each Factory Fire Life

A company that makes clothes for Sean Combs' clothing brand ENYCE and other U.S. labels reassured investors that a factory fire that killed 112 people over the weekend would not harm its balance sheet, and also pledged to pay the families of the dead $1,200 per victim.In an announcement Monday, Li & Fung Ltd., a middleman company that supplies clothes from Bangladesh factories...

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Egypt's Mursi to meet judges over power grab

CAIRO (Reuters) - Egyptian President Mohamed Mursi will meet senior judges on Monday to try to ease a crisis over his seizure of new powers which has set off violent protests reminiscent of last year's revolution which brought him to power. Egypt's stock market plunged on Sunday in its first day open since Mursi issued a decree late on Thursday temporarily widening his powers and shielding...

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S'pore's industrial output falls more than expected in Oct

SINGAPORE: Singapore manufacturing output fell more than expected in October as production of electronics and pharmaceuticals slipped.Output fell 2.1 per cent in October from the same month the previous year, led by declines of 6.0 per cent and 11.7 per cent respectively in the electronics and biomedical sectors.Economists had forecast a year-on-year drop in total manufacturing output...

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AP PHOTOS: Simple surgery heals blind Indonesians

PADANG SIDEMPUAN, Indonesia (AP) — They came from the remotest parts of Indonesia, taking crowded overnight ferries and riding for hours in cars or buses — all in the hope that a simple, and free, surgical procedure would restore their eyesight.Many patients were elderly and needed help to reach two hospitals in Sumatra where mass eye camps were held earlier this month by Nepalese surgeon Dr. Sanduk...

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GOP Starting to Rebel Against No-Tax-Hikes Pledge

With the fiscal cliff looming for the United States, some Republican members of Congress said today they are ready to break a long standing pledge not to raise taxes."The only pledge we should be making to each other is to avoid becoming Greece. And Republicans should put revenue on the table," South Carolina Sen. Lindsey Graham said on ABC's "This Week."Read more of the discussion...

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Crunch time for defending champions Malaysia

SINGAPORE: Southeast Asian champions Malaysia will be desperate to put a run of poor performances behind them when they begin the defence of their AFF Suzuki Cup football title this weekend.Malaysia host southern neighbours Singapore in what is set to be a hothouse atmosphere at Kuala Lumpur's Bukit Jalil National Stadium on Sunday, with the home fans hoping to see their team repeat their...

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Corporation related to IT works in Haryana gets fourth head in 6 months

CHANDIGARH: After shifting whistleblower IAS officer Ashok Khemka from Hartron, a corporation to handle IT-related projects, two months after his posting, the Haryana government on Friday transferred his successor Nitin Yadav just four months after he took charge. A Haryana civil services officer, Vivek Atrey, will be the next managing director of the corporation. With this appointment, the corporation...

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AP PHOTOS: Simple surgery heals blind Indonesians

PADANG SIDEMPUAN, Indonesia (AP) — They came from the remotest parts of Indonesia, taking crowded overnight ferries and riding for hours in cars or buses — all in the hope that a simple, and free, surgical procedure would restore their eyesight.Many patients were elderly and needed help to reach two hospitals in Sumatra where mass eye camps were held earlier this month by Nepalese surgeon Dr. Sanduk...

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After Sandy, World Hopes to Hear New US Voice on Climate Change

During a year with a monster storm and scorching heat waves, Americans have experienced the kind of freakish weather that many scientists say will occur more often on a warming planet.And as a re-elected president talks about global warming again, climate activists are cautiously optimistic that the U.S. will be more than a disinterested bystander when the U.N. climate talks resume...

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Clashes in Cairo after Mursi seizes new powers

CAIRO (Reuters) - Angry youths hurled rocks at security forces and burned a police truck as thousands gathered in central Cairo to protest at Egyptian President Mohamed Mursi's decision to grab sweeping new powers. Police fired tear gas near Tahrir Square, heart of the 2011 uprising that toppled Hosni Mubarak at the height of the Arab Spring. Thousands demanded that Mursi should quit...

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