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Deals of the Hour / October 22, 2010, 2:41 pm

BHP 'Not Interested' in Longer Review of Potash Bid

(Updates with closing share prices in 14th paragraph.) Oct. 22 (Bloomberg) -- BHP Billiton Ltd. isn't interested in extending a deadline on a government review of its $40 billion takeover bid of Potash Corp. for Saskatchewan Inc., said Andrew Mackenzie ... (Source: BusinessWeek 2010-10-22T20:45:02Z)

The OAS, the European Parliament and the Sakharov Prize to Fariñas

For the third time, the world-wide renowned European Parliament has awarded its Sakharov Prize for Freedom of Thought to an important Cuban dissident, Guillermo Fariñas. This, undoubtedly, is one more message to the tyranny of the Castro brothers in the ... (Source: El Diário Las Americas 2010-10-22T18:36:11Z)

Europe Moves to Ease Rules on Hedge Funds

European Union finance ministers agreed Tuesday on rules to allow foreign hedge funds to do business across the 27-nation bloc — a deal that came as a relief to Britain, home of the European hedge fund industry, James Kanter reports in The New York Times ... (Source: New York Times Blogs 2010-10-20T07:04:12Z)

UN meeting on saving species opens in Japan

Delegates from more than 190 nations kicked off a U.N. conference Monday aimed at ensuring the survival of diverse species and ecosystems threatened by pollution, exploitation and habitat encroachment. But the two-week marathon talks of the U.N. Convention ... (Source: AP - msnbc.com 2010-10-18T14:16:04Z)

Saskatchewan Officially Opposes BHP Bid

Saskatchewan, the province where Potash Corp. is based, on Thursday officially opposed the $39 billion takeover offer by the mining giant BHP Billiton , saying it "does not provide a "net benefit" to the people of Saskatchewan and Canada." Brad ... (Source: New York Times Blogs 2010-10-22T08:27:44Z)

Aveksa Names Stuart Hodkinson Vice President of EMEA Sales

Aveksa, Inc. : , the market-leading provider of enterprise access governance : and management solutions, today announced that it has named Stuart Hodkinson as vice president of sales for EMEA (Europe, the Middle East and Africa). Hodkinson will be ... (Source: PR Inside 2010-10-12T12:07:11Z)

Stocks weak, investors turn attention to G20 meeting amid currency tensions

The Toronto stock market was slightly lower Friday afternoon as buoyant mining companies were unable to overcome investor caution ahead of a meeting of G20 finance ministers and central bank governors in South Korea this weekend. The S&P/TSX composite ... (Source: Toronto Star 2010-10-22T19:40:36Z)

An insider's guide to Tokyo

It makes perfect sense that Tokyo is many people's favorite overseas city. Now that Shanghai looks in parts like Beverly Hills and Delhi is lighting up with Thai restaurants, there are few cities on the planet that are less Western than Tokyo — even if ... (Source: Taipei Times 2010-10-22T16:27:20Z)

Delta Sees Profit On International Growth

NEW YORK -- Delta Air Lines Inc. said Wednesday it posted a profit in the third quarter and expects to repeat that in the last three months of the year, as the global travel recovery is driven by international growth. Delta, the leading U.S. carrier to ... (Source: Denver Channel 2010-10-20T14:13:42Z)

Israel makes settlement offer; Palestinians say no

JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu offered on Monday to renew a partial settlement construction freeze in exchange for Palestinian recognition of Israel as a Jewish state. Palestinian officials swiftly rejected the proposal ... (Source: Reuters 2010-10-11T16:04:35Z)

Delta Air Lines posts profit on international strength

NEW YORK (AP) — Delta Air Lines said Wednesday it posted a profit in the third quarter and expects to repeat that in the last three months of the year, as the global travel recovery is driven by international growth. Delta, the leading U.S. carrier to ... (Source: USA Today 2010-10-20T16:01:04Z)

Asian Investors Eye Tokyo Property Sale

Japan's once-storied real estate sector has gone from bubbly to bad, to even worse in recent years. But an upcoming commercial property sale in Tokyo, which is seen as a litmus test for the market, is drawing a new kind of investor: Asian money. Japan ... (Source: Wall Street Journal 2010-10-15T06:27:11Z)

Letter claims Tennessee's Bruce Pearl tried to hide NCAA violation

Knoxville, Tenn . — According to a letter from Tennessee officials notifying Bruce Pearl his contract would be terminated, the Volunteers coach told men's basketball recruits and their families that a visit to his home for a team cookout would be an NCAA ... (Source: Detroit News 2010-10-22T21:13:40Z)

South Korea Warns Forex Tension Could Fan Protectionism

SEOUL (Reuters) - South Korea, which will chair next month's G20 summit, warned on Friday that international tensions over foreign exchange policy could lead to increased trade protectionism. Finance Minister Yoon Jeung-hyun said during a scheduled meeting ... (Source: ABC News 2010-10-15T01:12:13Z)

UPDATE 1-RIM's Balsillie responds to barbs from Apple's Jobs

TORONTO, Oct 19 (Reuters) - Research In Motion's ( RIM.TO ) Jim Balsillie on Tuesday brushed off Steve Jobs' critique of RIM's BlackBerry PlayBook tablet computer, saying the Apple CEO's barbs made no sense outside of his company's "distortion field." Jobs ... (Source: Reuters 2010-10-19T21:45:51Z)

Diplomat says quiet negotiations helped free Calif man jailed more than 2 years in Iran

LOS ANGELES - A California man who spent more than two years in an Iranian prison on allegations of passing money to a rebel group has returned to his California home. Reza Taghavi, 71, arrived at Los Angeles International Airport late Thursday where he ... (Source: Minneapolis Star Tribune 2010-10-22T09:32:09Z)

Influence Of Israel's Leftist Peace Movement Wanes

October 22, 2010 - RENEE MONTAGNE, host: In Israel, political parties that lean to the left are in trouble. A recent poll shows them slipping dramatically. And analysts say the peace movement in Israel is in decline. NPR's Lourdes Garcia-Navarro reports ... (Source: NPR News 2010-10-22T18:21:52Z)

Israelis, Palestinians eye US midterms and ask: Will Obama be freer to pressure Israel?

JERUSALEM — Israelis and Palestinians are closely watching next month's U.S. midterm race amid a sense — rarely discussed openly but very much on people's minds — that the result could affect the U.S.-led peace effort, and President Obama's ability ... (Source: Washington Examiner 2010-10-22T18:50:30Z)

G20 finance chiefs confront currency tensions

GYEONGJU, South Korea — Global finance figures get another chance this week to defuse international currency tensions as a festering dispute over exchange rates overshadows debate about reforming the world economy. Finance ministers and central-bank ... (Source: Denver Post 2010-10-22T07:01:50Z)

Calif. man home after 29 months in Iranian prison

LOS ANGELES - A California businessman who spent more than two years in an Iranian prison after being accused of passing money to a rebel group returned home Thursday. Reza Taghavi, 71, arrived at Los Angeles International Airport at about 7 p.m. with his ... (Source: Tampa Bay Online 2010-10-22T11:48:10Z)

Calif. Man Home from Iranian Prison

LOS ANGELES - A California businessman who spent more than two years in an Iranian prison after being accused of passing money to a rebel group returned home Thursday. Reza Taghavi, 71, arrived at Los Angeles International Airport at about 7 p.m. with his ... (Source: Christian Broadcasting Network 2010-10-22T08:42:03Z)

Tennessee, Basketball Coach Pearl Still Working On Deal

Knoxville, TN, United States (AHN) - The Tennessee Volunteers drew closer to keeping basketball head coach Bruce Pearl in Knoxville after athletic director Mike Hamilton submitted a new proposed deal to the coach and his representatives earlier this month ... (Source: All Headline News 2010-10-22T19:47:46Z)

Delta posts 3Q profit on international strength

Delta Air Lines Inc. posted a $363 million profit on Wednesday as international and business travelers returned to the skies. The company expects a fourth-quarter profit, too, and said demand is strong heading into the holiday season. That's likely to mean ... (Source: AP - msnbc.com 2010-10-20T18:31:24Z)

Investors may be too optimistic about possible Adobe-Microsoft deal

Investors who drove up shares of software maker Adobe Systems Inc. following reports of a meeting with Microsoft may be too optimistic about a buyout, industry analysts said Friday. The two companies are more likely to collaborate than do a deal ... (Source: Seattle Times 2010-10-08T13:37:49Z)

John Peck Joins Numerix as Head of Sales for EMEA Region

Numerix ( www.numerix.com : ), the leading provider of cross-asset analytics for derivatives valuations and risk management, is pleased to introduce John Peck as its new Head of Sales for the EMEA region. Peck will be based in Numerix's London office and ... (Source: PR Inside 2010-10-13T14:07:41Z)

Saskatchewan's Premier Still Doesn't See Net Benefit of BHP Bid

Oct. 20 (Bloomberg) -- Saskatchewan Premier Brad Wall said today he still doesn't see a net benefit to his province or to Canada in BHP Billiton Ltd.'s $40 billion hostile offer for Potash Corp. of Saskatchewan Inc. The Saskatchewan cabinet will meet ... (Source: BusinessWeek 2010-10-20T16:15:23Z)

EMEA debt restructurings surge, U.S. deals dry up

LONDON, Oct 11 (Reuters) - Debt restructuring deals across Europe, the Middle East and Africa (EMEA) have surged this year as long-running negotiations came to fruition, just as specialists predict a new wave of such deals in the region. The pick-up in ... (Source: Reuters UK 2010-10-11T14:45:51Z)

RIM's Balsillie responds to barbs from Apple's Jobs

Research In Motion's Jim Balsillie on Tuesday brushed off Steve Jobs' critique of RIM's BlackBerry PlayBook tablet computer, saying the Apple CEO's barbs made no sense outside of his company's "distortion field." Jobs on Monday said a batch of seven-inch ... (Source: msnbc.com 2010-10-19T21:45:51Z)

Letter says Pearl knew hosting recruits was violation

KNOXVILLE, Tenn. -- According to a letter from Tennessee officials notifying Bruce Pearl his contract would be terminated, the Volunteers coach told men's basketball recruits and their families that a visit to his home for a team cookout would be an NCAA ... (Source: CBS Sports 2010-10-22T20:59:21Z)

EU ministers near deal on hedge funds

EU officials say they are near an agreement on new regulations for hedge funds. Governments have been wrestling for months over a so-called European passport for the freewheeling funds, which cater to rich and institutional investors. The passport would ... (Source: AP - msnbc.com 2010-10-19T10:04:21Z)

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