Turkey rejects Israel raid report

Turkey condemns an Israeli inquiry that said the Israeli navy acted lawfully during a deadly raid on an aid flotilla trying to reach Gaza last May.

Accused Tucson shooter to appear in federal court

PHOENIX (Reuters) – Tucson shooting rampage suspect Jared Loughner is due to appear in federal court on Monday on charges of attempting to assassinate Representative Gabrielle Giffords and the attempted murder of two of her staff members.

ICBC to pay $140 mln for 80 pct of US retail bank

HONG KONG, Jan 23 (Reuters) – Industrial and Commercial Bank
of China , the world’s top lender by market value, will
pay about $140 million for 80 percent of Bank of East Asia’s
U.S. unit, the two…

Irish Greens meet to decide on government’s fate

DUBLIN (Reuters) – Ireland’s junior coalition partner, the Greens, are due to decide on Sunday whether to stay in the government after Prime Minister Brian Cowen opted to step down as leader of his party but remain premier until elections.

Gaza group ‘bombed Egypt church’

The Army of Islam – a small al-Qaeda-linked group in Gaza – was behind the New Year’s Day deadly bomb attack on a church in Alexandria, Egypt says.

Two allies of Tunisia’s Ben Ali ‘detained’

Police in Tunisia detain two politicians close to ousted President Zine al-Abidine Ben Ali, state media report, as protests continue.

Australia flood focus on Victoria

Parts of the south-eastern Australian state of Victoria brace for the approach of a giant lake of floodwater 55 miles (90km) long, as Australia’s severe flooding problems continue.

UPDATE 1-Dubai PE firm Abraaj to invest $2 bln in 2011, 2012

* Expects to close three to four deals this year: CEO
* CEO declines to give specifics on investment plans