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Syria protesters hurl rocks at China embassy in Libya

Armed men, who said they were from the Libyan government’s Supreme Security Committee, guarded the embassy from about 50 protesters who waved Syrian opposition flags and had managed to break windows and spray graffiti on the walls.One demonstrator tried to force his way past the guards but was stopped, a Reuters reporter said.Just as protesters had done the day before at the Russian embassy, demonstrators said they wanted to take down the Chinese flag and replace it with the Syrian opposition’s flag and the red, black and green flag of Libya’s National Transitional Council (NTC), which came to power after a civil war last year that toppled and killed Muammar Gaddafi.All of this is because of what is happening in Homs, this is because of the Chinese and Russian veto, Ahmed Mourad a Syrian expatriate in Libya, said.One of the men guarding the embassy said his colleagues had shot into the air to disperse the crowd when they hurled rocks and tried to push their way through. The crowd later hurled eggs before lining up to pray at prayer hour.A Reuters reporter was let inside the compound. A Chinese security guard who spoke to him at the door of the embassy building and gave his name as Ibrahim said: We are fine.A Libyan government guard later parked a vehicle mounted with an anti-aircraft gun in front of the door of the compound, pointing outwards, and placed the Syrian opposition and Libyan NTC flags in the barrel to loud cheers from the crowd.On Sunday, Libyan and Syrian demonstrators sprayed graffiti on the walls of the Russian embassy in Tripoli and tore down its flag. Men replaced the Russian flag with that of the Syrian opposition and the NTC.China defended on Monday its rejection of the U.N. draft resolution, with state media saying Western armed intervention in Libya, Afghanistan and Iraq exposed the risks of forced regime change.Syrian forces bombarded Homs on Monday, killing 50 people in a sustained assault on several districts of the city which has become a centre of armed opposition to Assad, the Syrian National Council opposition group said.
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Norway mass killer decries cultural destruction

We in the Norwegian movement will not sit and see that we are made a minority in our own country, the anti-Islam fanatic told a packed courtroom in only his second public comments since the attack in July.The attacks on the government headquarters were preventive attacks on people committing cultural destruction of Norwegian culture and Norwegian ethnicity, he said and demanded to be released immediately.The 32-year-old has admitted detonating a fertilizer bomb that killed eight people at a government building in Oslo in July and hours later committing a shooting spree at an island camp for the Labor Party youths, killing 69.I acknowledge the acts but I plead not guilty, said Breivik, whose attacks were the worst outburst of violence in Norway since World War Two.The custody hearing, required periodically to keep a suspect detained, was Breivik’s fifth and the second one open to the public as Norway prepares for his trial, set to begin on April 16.He entered the courtroom with a faint smile, wearing a black suit with a silvery tie, and raised his arms to show off his cuffed hands.In a manifesto posted online before the attacks, Breivik wrote that he was targeting traitors whose leftist views and softness on immigration had brought the country low.The ethnic Norwegians will be a minority in Oslo in the next 10 years. It is a fact. I represent Norwegian resistance, he told the court.
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Internet giants pull content after warning in India courts

The two are among 21 companies ordered to develop a mechanism to block material considered religiously offensive after private petitioners took them to court over images deemed offensive to Hindus, Muslims and Christians.Two cases have been brought by individuals against internet companies in India, stoking fears about censorship in the world’s largest democracy.(Our) review team has looked at the content and disabled this content from the local domains of (Google) search, Youtube and Blogger, Google spokeswoman Paroma Roy Chowdhury said.At the heart of the dispute is a law that India passed last year making companies responsible for user content posted on their websites, and giving them 36 hours to take down content if there is a complaint.Last month, the companies said it was not possible for them to block content. Google’s Roy Chowdhury declined to comment on what had since been removed, and a Facebook representative said only that the company would release a statement later.A New Delhi lower court hearing one of the cases, a civil suit brought by an Islamic scholar, told the companies on Monday to put in writing the steps they had taken to block offensive content, and submit reports within 15 days.Microsoft has filed an application for rejection of the suit on the grounds that it disclosed no cause of action against Microsoft, a spokesperson for the company said. The matter is sub judice and no further comments can be given.That suit was brought by scholar, Mufti Aijaz Arshad Qasm, who runs a website called fatwaonline.org that gives answers to moral questions.Google, Facebook, Yahoo! and Microsoft have appealed in the Delhi High Court against a separate criminal case successfully brought by journalist Vinay Rai. The High Court has yet to rule on their appeal, but the sitting judge warned in January they were responsible for content on their websites and said he could block sites like China if they did not get their house in order. In the Rai case, the court ordered the companies to stand trial for offences relating to the distribution of obscene material to minors, after being shown images it said were offensive to Prophet Mohammed, Jesus and various Hindu gods and goddesses, as well as several political leaders. If the companies have actually removed some content, they should put in place a mechanism to do it regularly, instead of waiting for a court case every time, Rai told Reuters. Fewer than one in 10 of India’s 1. billion population has access to the Internet, but that still makes it the third-biggest Internet market after China and the United States. The number of Internet users in India is expected to almost triple to 300 million over the next three years. Despite the new rules to block offensive content, India’s Internet access is still largely uncensored, in contrast to the tight controls in neighboring China. But like many other governments around the world, India has become increasingly nervous about the power of social media. While civil rights groups have opposed the new laws, politicians say posting offensive images in a socially conservative country, which has a history of violence between religious groups, presents a danger to the public.
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Merger fails, but D.Boerse CEO says allies a must

We need to fight even harder and pay attention to customers, innovation, market penetration and costs. And we will and must examine further alliances, CEO Reto Francioni told the Financial Times Deutschland in comments to be published in the Monday edition.Francioni, who said he has no plans to step down or surrender his bonus for 2011, attacked the European Commission’s decision to block the merger and said the exchange operator would consider taking Brussels to court over it.It made absolutely no sense, he said, for the Commission to claim the combined entity would have a dominant position in the derivatives market because Brussels ignored the huge amount of over-the-counter trading conducted directly among banks.On Thursday, Boerse and NYSE terminated their merger plans after the European Commission blocked the deal to prevent handing the combined group a near monopoly.The company will now focus on a handful of issues to spur internal growth, Francioni said.We will vigorously expand our positions with a concentration on derivative clearing, risk and collateral management, he told the paper. Furthermore we will accelerate our internationalisation.Over the weekend a Boerse supervisory board member told a newspaper that Francioni should step down following the collapse of the merger with NYSE.The question needs to be asked whether there have to be consequences for management, Johannes Witt, a board member representing the interests of Labor, told German weekly Euro am Sonntag in comments published on Saturday. Can someone who wanted to change the status quo by finding a partner only to see that collapse still lead this company into the future?Francioni’s term ends after December 2013, and contract extensions for CEOs in Germany are often agreed about a year in advance.Boerse’s Labor leaders had undermined its campaign to convince German regulators a deal would strengthen Frankfurt’s role as a financial centre when they urged shareholders to reject the deal, fearing key responsibilities would be moved to New York. Separately, Deutsche Bank’s German retail asset management unit, DWS, called for a fresh start at the exchange operator in comments published by business weekly WirtschaftsWoche on Saturday. The merger tied up management capacity for more than a year. In the past couple of years, Boerse has stagnated, and now more dynamism needs to return, said Henning Gebhardt, head of European equities at DWS. Now and then there needs to be a fresh start – whatever form that might take. … Francioni, of all people, does not come out of this without a scratch, Gebhardt told the magazine. The fund manager said he was also unsatisfied with Boerse’s development in overseas markets. Asia is where it’s at. That’s where to go for a piece of the action. I’m starting to suspect that the Boerse is not always the preferred partner there, he said. The company must listen more closely to what its customers want, since they are looking for alternatives and are migrating to new platforms like Chi-X or Bats. Boerse Chairman Manfred Gentz has rejected the idea of any immediate consequences for the Boerse due to the collapse of the NYSE merger, calling instead for calm and continuity.There is no cause for fundamental changes in the strategy, structure or management, he wrote.
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FDA staff unsure about new use for Amgen’s Xgeva

The injectable drug is already approved to prevent fractures caused by cancer that has spread to the bone, and it is seen as one of the most important growth drivers for the world’s largest biotechnology company.Xgeva delayed the spread of cancer to the bone by a little longer than four months in a clinical trial of 1,432 men with prostate cancer who had stopped responding to hormone therapy.Amgen said the drug would be targeted at about 50,000 men in the United States at that stage of the disease.The FDA staff said it was unclear whether that length of time without cancer spreading was an adequate measure of clinical benefit, especially as the drug did not help men live longer or delay the growth of prostate cancer.Reviewers were also concerned that about one in 20 men treated with the drug developed osteonecrosis of the jaw, or death of jawbone tissue, and said it was uncertain whether the rate could be even higher if patients take the drug for a longer time.An advisory committee will vote Wednesday on whether to recommend approval of the drug for the wider use. The FDA will make a final decision later.Shares of the company were down 2. percent at $67. 0 in morning Nasdaq trading.ISI Group analyst Mark Schoenebaum said the critical review of Xgeva was expected, since the FDA had previously questioned whether a delay in cancer spreading to the bone was a meaningful benefit to patients.Even if the panel votes in favor of approval, commercial demand could be modest, he added in a note, and said sales could reach about $300 million a year. In the fourth quarter, sales of Xgeva rose to $134 million from $100 million in the prior quarter. Amgen is hoping a broader use will significantly accelerate sales of the drug. Xgeva, along with related osteoporosis drug Prolia, are expected to offset declining sales of the anemia drugs that had been the company’s backbone. The company said it would tell the advisory committee that Xgeva provided a meaningful benefit to prostate cancer patients by preventing the spread of their disease to the bones, which often happens. Bone metastases … are irreversible and progressive, and contribute major morbidity to these patients, the company said in a statement. Amgen said that if Xgeva is approved, it would be the first drug to delay the spread of cancer to the bone for men with prostate cancer. Amgen said it was also testing Xgeva in other cancers, including breast and lung cancer and multiple myeloma, or cancer of a type of white blood cell.
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Taiwan smartphone maker HTC sees Q1 revenue lagging

HTC said on Monday it sees a drop in revenue of as much as 36 percent in the first quarter to between T$65 billion and T$70 billion ($2. 0-2. 7 billion), from T$101. 2 billion in the previous three months, as it prepares to launch new models, but said its difficulties were short term.The world’s No. smartphone maker by shipments is widely expected to roll out four models later this month at the Barcelona Mobile World Congress, including an ultra-slim type, currently codenamed the HTC Ville, and one that uses advanced quad-core chips.The challenge for HTC, which was once the standard bearer of the Android operating system but dropped one place in world rankings last quarter, is to make such devices stand out in an increasingly competitive marketplace, analysts say.It can be turned around, says Melissa Chau, Singapore-based research manager for IDC, speaking before the company gave its first quarter revenue guidance. But the problem remains the same: How are they going to differentiate?The software, and increasingly the hardware, have become commoditized, forcing HTC to hunt for new ways to stand out as it scrambles to compete with Apple Inc’s iconic iPhone and Samsung Electronics’ Galaxy range.Meanwhile Samsung ambitiously created new segments from the high-end, with models such as its large-screen Galaxy Note, down to Android phones costing less than $200, as well as leveraging its marketing and retail networks to promote its products.Former contract maker HTC had a fairytale ride in 2010 and early 2011, when its shares more than tripled in the 14 months to April 2011 and sales grew four-fold in 1- years as consumers snapped up its innovative phones with their distinctive large clock numerals.But an equally rapid fall from grace saw its stock become the worst performer among global smartphone companies last year, down 42 percent.HTC shares have climbed 15 percent since the beginning of this year, above the main TAIEX share index’s 9 percent rise, as investors see value in the company and consider its stock oversold in previous weeks. REVENUE FORECAST DISAPPOINTS1The Q1 revenue forecast was well below that in a poll of 19 analysts by Thomson Reuters I/B/E/S, which had forecast HTC would see T$89. 4 billion ($3. 4 billion) in revenue this quarter. Adding to the disappointing guidance, HTC reported on Monday a 52. percent drop in sales in January from a year earlier to T$16. 2 billion; the figure was also down 37 percent from the previous month. HTC may squeeze all the bad apples in the first quarter that’s why the guidance is so low, and then the margins will be back to normal levels after, said Mike Fang, a fund manager at Paradigm Asset Management. The stock fell more than 5 percent on Monday, before the company released its guidance. Fang expected there would be more selling pressure on HTC’s shares on Tuesday but it would only be short term, as foreign investors seem to be quite optimistic on HTC’s new models.Still, HTC will not go back to high margins it used to see before, he said.HTC said on Monday it expected gross margin and operating margin to come in at around 25 percent and 7. percent, respectively, down from 27. 2 percent and 12. 1 percent in the previous quarter.Chief Financial Officer Winston Yung told an investor conference call that he expected margins to normalize in the second quarter, to levels seen in the first three quarters last year, when its product transition is over. Gross margin was at 28. 1-29. 5 percent, while operating margin was at 14. 6-15. 1 percent during Jan-Sept in 2011.Revenue from the United States was worse than expected due to competition from Samsung and Apple, as well as disappointing sales from fourth generation LTE (Long Term Evolution) phones, according to Yung, while declines in sales from Europe were small and business in Asia was outstanding.But Yung said the company had no plan to change its strategy by going into low-end markets and embarking on price competition in order to expand.HTC will announce four new smartphones at the Mobile World Congress on February 26, according to Barclays Capital. The HTC Ville will feature a 4. -inch AMOLED display and an 8-megapixel camera and run on the latest version of Android, 4. .Other reported models include a high-end design codenamed the Edge that uses a quad-core CPU, boosting processing speeds, as well as a couple of mid-range smartphones.Improved designs and performance and an absence of new models from Samsung and Apple in the quarter will provide HTC some room to make up its lost market share, analysts said.Marc Einstein, Tokyo-based Industry Manager for Mobile and Wireless Communications for Frost and Sullivan, said HTC wasn’t the only device maker with questions over its future, but said that in a growing market there was still space. The smartphone industry is so fast moving, I wouldn’t count them out.
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Aww, man! Bart Simpson joins Barbie in Iran ban

The Simpsons dolls are merchandise from an animated series, of which some episodes are even banned in Europe and America, Mohammad Hossein Farjoo, whose agency oversees what Iranian children can play with, told the Sharq newspaper. He did not elaborate on what episodes might have been censored elsewhere.We do not want to promote this cartoon by importing the toys, added Farjoo, whose full title is Secretary for Policy-making at the Institute for the Intellectual Development of Children and Young Adults in Tehran.Though Iran’s economy is laboring under Western sanctions against its nuclear programme, foreign goods, including genuine and counterfeit toys like Barbie and the Simpsons, are widely sold. Merchants say new efforts to implement bans that have been in place before mean the merchandise is getting harder to obtain from wholesalers and shops prefer not to display the wares.The Islamic Republic’s morality police, fighting Western intoxication as the dispute over nuclear technology has raised fears of war, last month went on a drive against Barbie.The American doll’s full figure and revealing wardrobe particularly offend Iran’s leaders, who decree that women must be fully swathed in loose-fitting clothes in public. Imports of all kinds of dolls that display full adult figures are banned because they promote Western culture, Farjoo said.It was not clear in what regard the irreverent Simpsons family had offended Iranian regulations – most versions of the cartoon dolls are hardly anatomically accurate.However, while Farjoo said that all-American super-heroes like Superman and Spiderman were still welcome in Iran – because they do battle for the oppressed – the values of the Simpsons, a famously self-centered and irreligious bunch, were not.Their popularity in Iran is hard to gauge; those with access to foreign satellite channels are familiar with the Fox Television cartoon. But it is not shown in Iran, relieving local networks of finding a translation for Bart Simpson’s singular response to tiresome instructions of all kinds: Eat my shorts!
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Producers on Tom Cruise film sued for breach of contract

Kevin Messick, a producer on Batman Forever and The Other Guys, alleges that Don Granger and Gary Levinsohn of Mutual Film Company edged him out of the film adaptation of Lee Child’s best-selling novel.Messick is asking for unspecified damages, his producer’s fees and the rights to participate in any upcoming sequels. The franchise rights are important because Jack Reacher, the army-major-turned drifter that Cruise will play, is featured in multiple Child novels.If defendants had honored the Joint Venture Agreement, Messick is informed and believes and therein alleges that Paramount Pictures would have hired Messick to be a producer of the Picture as well as any sequels, remakes, or derivative works based on the picture, the suit reads.Levinsohn and Granger declined to comment.Messick said that he first joined the project in 2005 and helped to develop the picture, renew Paramount’s options for the film rights, and search for a screenwriter.However, he claims that beginning in July 2010, Granger and Levinsohn began excluding him from meetings with the production team, but continued to assure him that he would remain involved in the project.Messick claims that he eventually grew so frustrated at being shunted aside that he wrote an email to Granger in June 2011, stating, I’m getting the message loud and clear that you have no intention of involving me with (the Picture) am I wrong?The next month, the studio announced that Cruise would star in the green-lit picture. Following that announcement, Granger claimed that he would work to get Messick credit, but said that he and his partner were not getting our deal on the film. He claimed that their failure to secure that deal nullified their oral agreement with Messick, according to the suit.Among other causes of action, the suit alleges breach of contract, breach of fiduciary duty, and fraud.
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China bars airlines from joining EU emissions scheme

China’s stance represents a hardening of tone in a wrangle that has also drawn ire from the United States and India. They argue the EU is exceeding its legal jurisdiction by calculating the carbon cost over the whole flight, not just Europe.The timing of China’s move is significant because next week, Chinese and EU leaders hold a summit in Beijing, with the EU looking to China to dip into its huge foreign exchange reserves to help ease its crippling debt crisis.China’s central government State Council, or cabinet, said on its website (www.gov.cn) all airlines were banned from taking part in the EU Emissions Trading Scheme (ETS) – unless they received government approval.Beijing, which had already denounced the EU’s law as a trade barrier, also prohibited all carriers from using it as a reason to raise fares or fees.The European Union’s executive body said Chinese carriers had already begun signing up and it was confident the scheme, which is the mainstay of the EU’s efforts to tackle climate change, would survive.The Commission of course remains confident the Chinese airlines will comply with our legislation when they are operating through EU airports, Isaac Valero-Ladron, EU spokesman for climate action, told a regular briefing in Brussels.He added that Chinese airlines had already taken steps to comply with the scheme and had applied for the free carbon allowances to which they are entitled.SLOW PHASE-INIn theory the EU legislation took effect from January 1, but no airline will face a bill until next year, after this year’s carbon emissions have been calculated. Initially airlines will be handed allowances to cover some 85 percent of their emissions. Europe’s highest court, the European Court of Justice, last year ruled that the EU was fully within the law in seeking to impose carbon costs on international flights, dismissing a legal challenge brought by a group of U.S. airlines. The EU maintains it was driven to act after more than a decade of inaction at the U.N.’s International Civil Aviation Organization (ICAO), which has yet to find a global solution to tackling airline emissions. The Commission spokesman said talks were ongoing with various nations to try to defuse the situation and the European Union has said it was open to accepting equivalent measures. These have not been clearly defined, but analysts have said they would cover other ways of reducing emissions in the airlines sector. Analysts also said China had left some scope for flexibility with its caveat airlines were banned unless they received approval. China hopes Europe will act in the light of the broader issues of responding to global climate change, the sustainable development of international aviation and Sino-European ties, strengthening communication and coordination to find an appropriate solution acceptable to both sides, said an unidentified official from China’s civil aviation authority, according to the announcement.PENALTIESAnalysts say it is in the interests of all sides to resolve a row that potentially puts airlines in the near impossible situation of being in breach of one authority or another.Any airlines that do not comply face European fines of 100 euros ($130) for each tonne of carbon dioxide emitted for which they have not surrendered allowances. In the case of persistent offenders, the EU has the right to ban airlines from its airports.Apart from signing up for an EU registry opened a week ago, which will make airlines eligible for free carbon allowances, some carriers have already begun passing on the extra cost to their passengers through fare increases.On Monday, the EU’s Ambassador to China, Markus Ederer, said at current jet fuel prices, the per-ticket cost increase from the scheme on a one-way Beijing-Brussels trip would amount to about 17 yuan ($2. 0).Europe is a green leader in the world and we try to live up to our aspirations, Ederer told reporters at a news conference in Beijing. Airplanes are an important source of emissions. They should be regulated.Airline representatives have come up with much higher figures for the cost than the EU estimates.The China Air Transport Association (CATA), which last year urged China’s airlines to refuse to take part, said the scheme would cost 800 million yuan ($123 million) in the first year and more than triple that by 2020.A spokeswoman for Cathay Pacific said the Hong Kong-based airline had fully complied with the EU program, but under strong protest.
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Election preparations start in conflict-torn Yemen

With Vice President Abd-Rabbu Mansour Hadi the only candidate in the February 21 vote, Yemeni officials fear that a low turnout will dent the legitimacy of the man expected to lead Yemen during a two-year interim period when crucial decisions, dealing with restructuring the armed forms and introducing constitutional reforms, are expected to be taken.Your vote protects Yemen, read a giant poster hung in the capital Sanaa, depicting a smiling woman in a pink headscarf as she places her ballot into a voting box.Abdul Wahhab al-Qudsi, head of the electoral commission’s external relations, said preparations for the vote were in full swing. (Our) main committee has gone to different provinces and the subcommittee will go off this weekend, he told Reuters.It will be the first time in 33 years that a candidate other than Saleh — now in the United States for treatment of injuries sustained in an assassination attempt last year — will head the impoverished Arab state, located along key oil shipping routes.Yemen is trying to recover from months of mass anti-Saleh protests and factional fighting that have allowed al Qaeda’s regional wing to seize swathes of south Yemen and Shi’ite Muslim Houthi rebels to carve out their own domain in the north.The United States and top oil exporter Saudi Arabia, fearing that instability will allow al Qaeda to expand its base of operations in Yemen, are counting on elections to bring security back to the country and avert the threat of outright civil war.Many Yemenis feel the same way. We will vote in order to avoid war, Abdullah Mutlah said as he sold his customers qat — a mild narcotic plant used widely across Yemen.CHEATEDOthers said they felt cheated by the election, regarding it as a waste of time and money. Why are there elections if there is no competition? shopkeeper Saddam Abdullah said. Why are millions of riyals being spent on elections whose results are already known?1Despite all the preparations and costs, some Yemenis worry that the elections may not spawn a peaceful transition. Analysts said that some of the governments that backed the transition accord worry that a national unity government, comprised of Saleh’s People’s Congress Party and the opposition’s Joint Meeting Parties, would like a low turnout. Some of the countries that promoted the initiative feel that both sides want a weak win for Hadi so that they can blackmail him, Yemeni political analyst Ali Hasan said. Yemeni officials said Washington would not tolerate attempts to upset Hadi’s ascension to the presidency. The American administration told representatives of (both sides within the unity government) that… the U.N. Security Council will strongly confront any attempts to keep Hadi from being elected as the country’s president, a Yemeni minister who attended a meeting with U.S. officials last week told Reuters.
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