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Mubadala posts strong profits for Abu Dhabi

POSTED BY: Associated Press
Thursday, April 17, 2014 - 10:28 AM

DUBAI, United Arab Emirates (AP) — Abu Dhabi's Mubadala state investment company says profits last year tripled to roughly $395 million on the back of a strong performance from international investments.

The company said Thursday in its 2013 financial earnings report that profits jumped more than three-fold from 470 million dirham ($128 million) in 2012 to 1.45 billion dirham.

Revenues also rose from 30.8 billion dirham ($8.38 billion) in 2012 to 31.1 billion dirham ($8.47 billion) last year.

5 newspapers suspended in Ivory Coast

POSTED BY: Associated Press
Thursday, April 17, 2014 - 10:26 AM

ABIDJAN, Ivory Coast (AP) — Five Ivory Coast newspapers whose publications have been temporarily suspended are denouncing the measure.

Most of the newspapers were suspended for mocking President Alassane Ouattara or referring to him as a dictator. One was targeted for discussing the safety of bush meat, which the government banned in the wake of an Ebola outbreak. The National Press Council, acting on a government complaint, banned the papers for several issues.

Ex-Senegalese president's son to face graft trial

POSTED BY: Associated Press
Thursday, April 17, 2014 - 10:19 AM

DAKAR, Senegal (AP) — An official says the son of Senegal's former president will be tried for illicit enrichment following an investigation into how he amassed his multimillion-dollar fortune.

Soro Diop, an adviser to the Justice Ministry, said Thursday that Karim Wade will be tried in two months, ending speculation that the charges might be dropped.

Germany: Somali gets 12 years for tanker hijacking

POSTED BY: Associated Press
Thursday, April 17, 2014 - 09:41 AM

BERLIN (AP) — A German court has sentenced a Somali man to 12 years in prison for helping lead a group of pirates who seized a German-operated oil tanker in 2010.

The Osnabrueck state court said in a statement that the man was convicted Thursday of kidnapping and extortion in the hijacking of the Marida Marguerite off Somalia. In keeping with German privacy rules, it didn't give the 44-year-old's name.

The defendant was arrested last May at a center for asylum seekers in Germany.

WWE wrestlers in Saudi Arabia for live matches

POSTED BY: Associated Press
Thursday, April 17, 2014 - 09:28 AM

RIYADH, Saudi Arabia (AP) — Pro wrestlers with the WWE, including John Cena and former champion Randy Orton, are in Saudi Arabia for three days of matches in the capital, Riyadh.

World Wrestling Entertainment Inc. says it is the first time its franchise has held matches in the ultraconservative Muslim kingdom, home to Islam's holiest sites.

WWE is wildly popular across the Middle East. WWE has an Arabic website and debuted live in the region in Egypt in 2012. Matches also have been held in Qatar and the United Arab Emirates since.

Oil slick didn't come from missing plane

POSTED BY: Associated Press
Thursday, April 17, 2014 - 09:24 AM

PERTH, Australia (AP) — Investigators in the hunt for Malaysia Airlines Flight 370 say tests have ruled out that an oil slick near the search area came from the aircraft.

The center coordinating the search says the oil has tested negative for aircraft oil or hydraulic fluid.

The oil was collected earlier this week from a slick about 3.4 miles from the area where equipment picked up underwater sounds consistent with an aircraft black box.

Researcher finds flaw in Samsung fingerprint check

POSTED BY: Associated Press
Thursday, April 17, 2014 - 08:47 AM

BERLIN (AP) — A Berlin-based researcher says he has managed to fool the fingerprint-based security system on Samsung's new Galaxy S5 smartphone using wood glue and a picture of the original print.

Ben Schlabs, who works for Security Research Labs, says the trick is identical to the one hackers used to unlock Apple's iPhone 5s last year. The S5 flaw is potentially more serious because Schlabs says he was also able to trick the electronic payment app PayPal, which uses Samsung's fingerprint authentication.

US senators support Moldova in EU bid

POSTED BY: Associated Press
Thursday, April 17, 2014 - 08:33 AM

CHISINAU, Moldova (AP) — Four U.S. senators visited Moldova Thursday to lend support to the former Soviet republic's move toward the European Union, while Russian President Vladimir Putin urged Ukraine to end a blockade of the country's separatist province Trans-Dniester.

U.S. Sens. John McCain, John Barrasso, John Hoeven and Ron Johnson met with Moldovan Prime Minister Iurie Leanca to discuss energy security and how to attract U.S. investments to Moldova.

Chairman of China conglomerate being investigated

POSTED BY: Associated Press
Thursday, April 17, 2014 - 08:17 AM

BEIJING (AP) — China's ruling Communist Party says the chairman of a massive state-owned conglomerate is being investigated on suspicion of corruption, nine months after the government audited the company.

The party's Central Commission for Discipline Inspection said on its website Thursday that Song Lin was suspected of "serious violations of discipline and law." The phrase usually describes embezzlement, bribe-taking or related corruption that is considered rife in China's powerful state-run firms.

EU warns Russia against using gas for politics

POSTED BY: Associated Press
Thursday, April 17, 2014 - 08:17 AM

BRUSSELS (AP) — The European Union is warning Russia that interfering with gas deliveries to Ukraine to apply political pressure would backfire by damaging its reputation as a reliable supplier for the EU.

European Commission President Jose Manuel Barroso said in a letter on behalf of the EU's 28 governments that Russia's "contractual reliability as a supplier of gas is at stake in this matter."

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