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Brussels mosque powder scare a false alarm

Firecrews and decontamination teams attended a major mosque in Brussels to investigate a suspect powder that police later said turned out to be flour.
Source: Reuters
The retailer spoiling Christmas for its rivals

Why retailers will find it challenging to compete with Amazon over the holidays.
Source: CNBC.com | By: Stephanie Landsman
Is Portugal about to go down the same road as Greece?

It's not Greece, but another eurozone country: Portugal. Here's a look at whether Portugal's new government is likely to go the way of Greece. Led by the moderate Socialist Party, which took office Thursday, Portugal's new administration will be backed in Parliament by the Communist Party and the radical Left Bloc and Green Party.
Source: The Associated Press | By: By BARRY HATTON, Associated Press
Toshiba's third-party accounts probe comes under fire from lawyer group

TOKYO, Nov 26- A third-party probe set up by Japan's Toshiba Corp to investigate its accounting practices has been given a failing grade by half of a group of influential lawyers, who said it was not sufficiently independent and did not examine a key division. The lawyers' report, and a call by leader of the group for the investigation to be redone, has added to a storm...
Source: Reuters | By: Makiko Yamazaki and Emi Emoto
U.S. court rejects Linden Care's request for temporary restraining order

District Court on Wednesday denied specialty pharmacy Linden Care LLC's request for a temporary restraining order against Express Scripts Holding Co for dropping it from its network earlier this month. Express Scripts, the largest manager of prescription drug plans in the United States, severed ties with Linden Care for dispensing drugs from Horizon...
Source: Reuters
Barclays settles with U.S. investors over Libor manipulation

NEW YORK, Nov 25- Barclays Plc has agreed to pay $14 million to settle litigation by holders of its American depositary shares that it conspired with rivals to rig the Libor benchmark interest rate, causing its share price to be inflated. The preliminary accord filed in Manhattan federal court on Tuesday evening resolves claims that Barclays "turned a blind eye"...
Source: Reuters | By: Jonathan Stempel
AP Interview: Coke exec on 'adversarial' ties with critics

NEW YORK— Coke says it wants to mend relations with critics of its sugary drinks. Sandy Douglas, president of Coke North America, said in an interview with The Associated Press that Coke is hoping to change its "adversarial" relationship with public health advocates. The phone interview took place Nov. 17, after Coca-Cola Co. learned the AP had obtained emails...
Source: The Associated Press | By: By CANDICE CHOI, AP Food Industry Writer
Firefighters put out blaze at 32-story building in Dubai

Dubai civil defense officials say the fire at the Regal Tower in Dubai's Business Bay neighborhood started around 9:45 a.m. Wednesday. Brigadier Ahmad Obaid al-Sayegh, the acting director of Dubai's civil defense force, told The Associated Press that it wasn't a major fire. Fires have affected several skyscrapers in the United Arab Emirates, including one...
Source: The Associated Press
UPDATE 1-Deutsche S.Korean units to pay $24 million damages for 2010 market plunge

The five South Korean financial firms claimed damages after share prices plummeted when Deutsche Bank units sold about 2.4 trillion won worth of stocks on the Seoul bourse just before the market closed on November 11, 2010, Lim Kwang- ho, a judge in the Seoul Central District Court told Reuters on Wednesday. South Korea's top financial regulator in April 2011...
Source: Reuters
UPDATE 1-BOJ can stand pat now as more firms raising prices-Shirai

*Shirai sees 2 pct inflation target being hit around June 2017. MATSUE, Japan, Nov 25- Bank of Japan board member Sayuri Shirai said the central bank can hold off on expanding stimulus to reach its inflation target as robust consumption makes firms more confident about raising prices, and will help offset the drag caused by weak oil prices. "Now is a time where we would...
Source: Reuters | By: Leika Kihara