MOSCOW (AP) - Rosneft has signed an agreement to purchase 50 percent in Russia's third-largest oil producer TNK-BP for $28 billion, having earlier acquired the other half from BP.
Rosneft and AAR, a consortium of Russian shareholders in TNK-BP, said in a statement on Wednesday that they struck
By By CIARAN GILESAssociated Press
MADRID (AP) - The Spanish government said Wednesday that the €39.5 billion ($51.3 billion) in bailout funds approved by European authorities for the country's troubled banks has arrived.
A spokeswoman for the Economy Ministry said the money is now in the
By By JACQUES BILLEAUDAssociated Press
PHOENIX (AP) - A man who purchased two rifles found at the scene of the fatal shooting of a Border Patrol agent north of the U.S.-Mexico border was sentenced Wednesday to nearly five years in federal prison.
Jaime Avila Jr., 25, received a sentence of 57
By By MAGGIE MICHAELAssociated Press
CAIRO (AP) - Egypt's main opposition alliance called for a "No" vote in the referendum on a disputed constitution rather than a boycott, hours after Islamist President Mohammed Morsi's government forged ahead by starting overseas voting in diplomatic
By By COLLEEN LONGAssociated Press
NEW YORK (AP) - A man charged with killing a 6-year-old boy who infamously vanished in 1979 while walking to catch a school bus pleaded not guilty Wednesday as his lawyer insisted his confession to police was false.
Pedro Hernandez, 51, answered "not guilty"
By By ROMINA RUIZ-GOIRIENAAssociated Press
GUATEMALA CITY (AP) - A lawyer for John McAfee said Tuesday that a judge has ordered the software company founder released from a Guatemalan detention center where he has been fighting being returned to Belize.
Attorney Telesforo Guerra said the judge
By By MICHAEL WEISSENSTEIN and PORFIRIO IBARRA RAMIREZAssociated Press
MEXICO CITY (AP) - The plane carrying Mexican-American music superstar Jenni Rivera plunged almost vertically from more than 28,000 feet and hit the ground in a nose-dive at a speed that may have exceeded 600 miles per hour
By By The Associated Press
US defends $1.9 billion deal with British banking giant
NEW YORK (AP) - American authorities on Tuesday cited "astonishing" dysfunction at the British bank HSBC and said that it had helped Mexican drug traffickers, Iran, Libya and others under U.S. suspicion or
LONDON (AP) - Britain's financial regulator says it is taking steps to force HSBC to improve its legal compliance after the bank agreed to pay $1.9 billon to settle a U.S. money laundering probe.
The Financial Services Authority said Tuesday that HSBC must establish a board committee with a