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Tuesday, January 17, 2017

BAT agrees to buy Reynolds for $49 billion
Tue, 17 Jan 2017 11:57:44 -0500
British American Tobacco has agreed a $49.4 billion takeover of U.S. rival Reynolds American Inc , creating the world's biggest listed tobacco company after it increased an earlier offer by more than $2 billion. BAT, which already owned 42 percent of Reynolds, will pay $29.44 in cash and 0.5260 BAT shares for each Reynolds share, it said, a 26 percent premium over the price of the stock on Oct. 20, the day before BAT's first offer was made public. Reynolds, the maker of Camel and Newport cigarettes, rejected an initial approach in November, although the two sides remained in talks.


Official: Nigeria mistakenly bombs camp, kills more than 100
Tue, 17 Jan 2017 11:56:35 -0500
MAIDUGURI, Nigeria (AP) — A Nigerian Air Force fighter jet on a mission against Boko Haram extremists mistakenly bombed a refugee camp Tuesday, killing more than 100 refugees and wounding aid workers, a Borno state official said.

BMW, UK car industry say Britain needs to keep tariff-free EU trade
Tue, 17 Jan 2017 11:54:32 -0500
By Costas Pitas LONDON (Reuters) - Britain should retain tariff-free access to the European Union's single market, Germany's BMW said on Tuesday, while a UK car industry body called for participation in the EU's customs union to hold onto trade after Brexit. In a major speech on Tuesday, Prime Minister Theresa May said that Britain would leave the EU's single market and cannot remain a full member of its tariff-free zone but will seek unfettered trade with the bloc.

Norway defends mass murderer Breivik's prison conditions
Tue, 17 Jan 2017 11:53:45 -0500
OSLO, Norway (AP) — Norway on Tuesday defended the prison conditions under which mass murderer Anders Behring Breivik is being held.

Ex-Yugo general Trifunovic, symbol of senseless war, dies
Tue, 17 Jan 2017 11:53:25 -0500
BELGRADE, Serbia (AP) — Former Yugoslav army general Vlado Trifunovic, whose treason conviction by Serbia's wartime nationalist leadership became a symbol of the senselessness of the 1990s' Balkan conflict, has died, Serbia's state broadcaster reported. He was 78.


Nicodemo Scarfo, ex-Philadelphia mob boss, dies in prison
Tue, 17 Jan 2017 11:49:42 -0500
PHILADELPHIA (AP) — Nicodemo "Little Nicky" Scarfo, whose reign over the Philadelphia Mafia in the 1980s was one of the bloodiest in its history, has died at a federal medical center in North Carolina. He was 87.

Kyrgyzstan searches for more victims at plane crash site
Tue, 17 Jan 2017 11:47:14 -0500
Kyrgyzstan was observing a national day of mourning on Tuesday as rescuers searched for more bodies in the wreckage of a cargo plane that crashed into a village outside the capital. Authorities in the ex-Soviet Central Asian country have blamed pilot error for Monday's crash of a plane operated by ACT Airlines, a Turkish cargo carrier, as it was attempting to land in fog at Manas airport in the Kyrgyz capital Bishkek. The death toll climbed to 38 on Tuesday after the discovery of the body of the plane's fourth pilot at the crash site in the village of Dacha Suu, Deputy Prime Minister Mukhammetkaly Abulgaziev said on state television.


Czech boars still radioactive 31 years after Chernobyl
Tue, 17 Jan 2017 11:47:00 -0500
PRAGUE (AP) — An agency in the Czech Republic says about a half of all wild boars in the country's southwest are radioactive and considered unsafe for consumption due to the 1986 Chernobyl nuclear disaster.

The Latest: GOP tax chairman defends tax plan against Trump
Tue, 17 Jan 2017 11:46:09 -0500
WASHINGTON (AP) — The Latest on Congress (all times EST):


Vote in UK parliament on Brexit deal will be binding - PM May spokeswoman
Tue, 17 Jan 2017 11:45:27 -0500
A vote in parliament over Britain's final Brexit deal will be binding, a spokeswoman for Prime Minister Theresa May said on Tuesday, but she stressed that the country would be withdrawing from the European Union regardless of the outcome. "You can regard it as binding," the spokeswoman said when asked about the vote announced earlier in the day by May, which will come at the end of a negotiating period with the EU.



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