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Jewish center reopens 6 years after Mumbai attacks
MUMBAI, India (AP) ? Rabbis from across Asia on Tuesday celebrated the reopening of a Jewish center targeted by rampaging Pakistani gunmen who stormed through Mumbai on a 60-hour killing spree in 2008.
Mumbai Jewish centre stormed in 2008 attacks reopens
A Jewish centre in Mumbai reopened on Tuesday, nearly six years after heavily armed militants stormed the building and killed six people inside during the 2008 attacks on the city. One of several high-profile targets assaulted by the gunmen, Chabad House in south Mumbai was left bullet-ridden and bereft of its directors Rabbi Gavriel Holtzberg and his pregnant wife Rivky, who were both slain in ...
Israel closes Golan area as Syria rebels seize crossing
Israel closed off the area around Quneitra on the occupied Golan Heights on Wednesday after an officer was wounded by stray fire as Syrian rebels seized control of the crossing. The UN peacekeeping force which monitors the armistice line said several mortar rounds struck near its positions as rebel fighters, including some from Al-Qaeda affiliate Al-Nusra Front, stormed the crossing in deadly ...
Israel, Hamas Accept Gaza War Cease-Fire
(GAZA CITY, Gaza Strip) ? Israel and Hamas announced Tuesday that they agreed to an open-ended cease-fire in the Gaza war after seven weeks of fighting that killed more than 2,200 people, the vast majority Palestinians. MorePalestinian Minister: Decision to Join ICC SoonPLO Offers 24-Hour Truce, Says It Speaks for HamasIvory Atrocity: Crime Groups Speed?
By Sylvia Westall BEIRUT (Reuters) - Islamic State militants have executed Syrian army soldiers and are holding a group hostage after capturing an air base in northeast Syria at the weekend, pictures posted on social media by supporters showed on Wednesday. Islamic State, an offshoot of al Qaeda, stormed Tabqa air base near Raqqa city on Sunday after days of fighting with the army that cost more than 500 lives, according to monitoring group the Syrian Observatory for Human Rights. Tabqa was the army's last foothold in an area otherwise controlled by the militants, who have seized large areas of Syria and Iraq. The United States has carried out air strikes on the group in Iraq and is considering its options in Syria.
By Richard Balmforth and Anton Zverev KIEV/DONETSK Ukraine (Reuters) - Ukraine accused Russia of launching a new military incursion across its eastern border on Wednesday, as hopes quickly faded that Tuesday's talks between their two presidents might mark a turning point in a five-month-old crisis. Accusations of direct Russian support for pro-Russian separatists in Ukraine have prompted Western governments to impose sanctions on Moscow, despite its vehement denials, and fanned tensions with NATO to levels not seen since the Cold War. Ukrainian military spokesman Andriy Lysenko said a group of Russian soldiers had crossed the border in armoured infantry carriers and a truck and entered the town of Amvrosiyivka, not far from where Ukraine detained 10 Russian soldiers on Monday. No comment was immediately available from the Russian defence ministry on the alleged incursion.
By Nidal al-Mughrabi and Jeffrey Heller GAZA/JERUSALEM (Reuters) - An open-ended ceasefire in the Gaza war held on Wednesday as Prime Minister Benjamin Netanyahu faced strong criticism in Israel over a costly conflict with Palestinian militants in which no clear victor emerged. In Israel, sirens warning of incoming rocket fire from the Gaza Strip fell silent. "After 50 days of warfare in which a terror organization killed dozens of soldiers and civilians, destroyed the daily routine (and) placed the country in a state of economic distress ... we could have expected much more than an announcement of a ceasefire," analyst Shimon Shiffer wrote in Yedioth Ahronoth, Israel's biggest-selling newspaper. "We could have expected the prime minister to go to the president?s residence and inform him of his decision to resign his post." Netanyahu, who has faced constant sniping in his cabinet from right-wing ministers demanding military action to topple Hamas, scheduled a news conference for Wednesday evening, expected to be his first public remarks since the Egyptian-mediated truce deal took effect on Tuesday evening.
The German government will decide on Sunday what specific military aid it will send to Kurdish forces in Iraq to help them fight Islamic State militants in the north of the country, its foreign minister said on Wednesday. "We should be helping with certain supplies, according to our capabilities, so they can fight and prevent ISIS from taking over the whole region and creating a caliphate," Frank-Walter Steinmeier told a news conference during a visit to Prague. "The German government has not reached a decision yet today but I believe that a decision should be made on Sunday on concretely what should be supplied," said the German minister. In Prague, meanwhile, the Czech government approved supplying ammunition and hand grenades to Kurdish forces.
Both Tiffany & Co and apparel retailer Express Inc rose after posting quarterly revenue that topped expectations and raising their full-year profit views. Best Buy Co Inc was the S&P 500's biggest percentage gainer, up 5.5 percent at $31.44. "There have been pros and cons," said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.
By Chine Labbé PARIS (Reuters) - IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister. Lagarde was questioned by magistrates in Paris this week for a fourth time under her existing status as a witness in the long-running saga over allegations that tycoon Bernard Tapie won a large arbitration payout due to his political connections. "I have instructed my lawyer to appeal this decision, which is without merit." Under French law, magistrates place a person under formal investigation when they believe there are indications of wrongdoing, but that does not always lead to a trial. Lagarde's lawyer, Yves Repiquet, told Reuters he would personally appeal the magistrates' decision.
Alibaba Group Holding Ltd's [IPO-BABA.N] revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut. Alibaba, whose IPO could be the largest ever by a technology company, said mobile revenue was roughly a third of its total transaction volume in the three months ended June 30, up from 27.4 percent in the first three months of the year. Revenue in the second quarter increased 46 percent year-on-year to $2.54 billion, a faster pace than the 38.7 percent revenue growth that Alibaba posted in the first quarter. Net income attributable to Alibaba's ordinary shareholders nearly tripled to $1.99 billion, or 84 cents per share, in the quarter.
By Jonathan Stempel NEW YORK (Reuters) - A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine. District Judge Victor Marrero in Manhattan said PwC's [PWC.UL] advice on "repurchase-to-maturity" transactions through which Corzine bought $6.3 billion of European sovereign debt affected how MF Global implemented its strategy and in turn contributed to its alleged losses. "This line of causation gives rise to a plausible claim that PwC proximately caused harm to MF Global," Marrero wrote. MF Global's bankruptcy plan administrator sued PwC on March 28, accusing it of professional malpractice for having provided "flatly erroneous" accounting advice to the company.