Live Nation chairman resigns; Liberty Media raises stake in co

Dec 31 (Reuters) – Concert promoter Live Nation
Entertainment Inc said Chairman Irving Azoff resigned
from its board with immediate effect, and that Liberty Media
Corp increased its stake in the…

Secretary of State Clinton hospitalized with blood clot

WASHINGTON (Reuters) – U.S. Secretary of State Hillary Clinton was admitted to a New York hospital on Sunday with a blood clot linked to a concussion she suffered earlier this month, the State Department said in an announcement that looked sure to fuel speculation over the health of one of America’s best-known political figures.

“Fiscal cliff” tumble looms despite Senate efforts

WASHINGTON (Reuters) – The United States looked on track to tumble over the “fiscal cliff” at midnight on Monday, at least for a day, as lawmakers remained reluctant to back last-minute efforts by Senate leaders to avert severe tax increases and spending cuts.

Wall Street ends 2012 riding high on “cliff” deal optimism

NEW YORK (Reuters) – U.S. stocks closed out 2012 with their strongest day in more than a month, putting the S&P 500 up 13.4 percent for the year, as lawmakers in Washington closed in on a resolution to the “fiscal cliff” negotiations.




Equities rally as U.S. “cliff” deal nears; oil up

NEW YORK (Reuters) – Wall Street rallied on Monday and global equities finished their best year in the last three as U.S. lawmakers closed in on a deal to avoid a budget crisis that many fear could cripple the world economy in 2013.




French government may water down 75 pct tax after setback

PARIS (Reuters) – The derailment of President Francois Hollande’s 75 percent millionaires’ tax presents a chance to water down a scheme which hurt France’s image with investors but the Socialist leader is unlikely to give up without a fight.