FCC caps subsidy to rural cell phone providers
WASHINGTON -- Federal regulators agreed Thursday to temporarily cap a growing subsidy program that paid nearly $1.2 billion last year to cell phone companies that do business in rural areas.The Federa...
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Japan and China keen to avoid 1998 Jiang visit rerun
TOKYO (Reuters) - Ten years after a disastrous visit to Japan by China's top leader dominated by their bitter wartime past, Beijing and Tokyo are keen to avoid a rerun that would risk damage to the de...
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UPDATE 1-Microsoft says it withdraws offer for Yahoo
In a letter to Yahoo Chief Executive Jerry Yang, Microsoft CEO Steve Ballmer said the company raised its offer by about $5 billion to $33 a share, but Yahoo wanted $37 a share.
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Syria slashes gas oil subsidy, tripling price
DAMASCUS (Reuters) - The Syrian government more than tripled the price of gas oil on Saturday, kicking off a program to remove big subsidies on the fuel.
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Buffett eyes family-owned German businesses
OMAHA, Nebraska (Reuters) - Warren Buffett on Saturday said he would like family-owned German businesses to consider his Berkshire Hathaway Inc (BRKa.N:
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UPDATE 1-Libya warns Italy government over right-winger
TRIPOLI, May 3 (Reuters) - A Libyan charity chaired by leader Muammar Gaddafi's son has said ties between Libya and Italy will suffer "catastrophic repercussions" if a lawmaker known for his anti-I...
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Police find Himmler/Churchill archive forgeries
LONDON (Reuters) - Police have discovered forged documents were planted in the National Archives alleging top Nazi Heinrich Himmler was murdered on Winston Churchill's orders, the Public Record Office...
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  • Press Digest - Russia - March 21

    MOSCOW, March 21 (Reuters) - The following are some of the leading stories in Russia's newspapers on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

  • European stocks slip at open; London down 0.66 percent (AFP)

    A trader standing in front of an index board at the stock exchange in Frankfurt on March 11. Europe's stock markets sank ahead of the Easter holiday weeken after sharp US falls overnight and earlier in Asia, as nervous investors digested a share trading probe in London(AFP/DDP/File/Martin Oeser)AFP - Europe's main stock markets slid in opening deals on Thursday, with London's FTSE 100 index of top shares shedding 0.66 percent to 5,508.90 points.