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News Feed Latest worldwide news Obama Offers to Cut Corporate Tax Rate as Part of Jobs Deal The president would agree to a reduced rate of 28 percent, down from 35 percent, in return for a commitment from Republicans to invest in middle-class jobs. 'Racist abuse" of Constant probed The new football season is still some weeks away, but already in Italy allegations of racial abuse towards AC Milan's Kevin Constant have marred a friendly. Deal Professor With Fewer Barbarians at the Gate, Companies Face a New Pressure Companies may no longer fear the threat of a hostile takeover, but their focus has shifted to activist investors. Australia shares seen slipping on China growth worries MELBOURNE, July 31 (Reuters) - Australian shares are poised to open a touch lower on Wednesday, with miners weighed down by worries that manufacturing in top metals consumer China contracted in July.... ArtsBeat Met to Host Conference of Museum Directors In an effort to strengthen its global ties, the Metropolitan Museum of Art has organized what it is calling the Global Museum Leaders Colloquium, a two-week pilot program scheduled for April. Forbes Angelina Jolie highest-paid actress She might not get paid as much as "Iron Man," but there's no doubt that celestial beauty Angelina Jolie is smiling all the way to the bank. UPDATE 1-World Fuel doubts Quebec rail-crash payment order is legal * Company says railway, local authorities handling cleanup With History in Sight, Park Keeps Her Cool Inbee Park once felt she could walk down the streets of Seoul as the No. 1 player in women's golf without being recognized. Consumer Confidence Revisits High Set in 2007 Rising home prices and job gains are bolstering household wealth and income. Books of The Times The Sound of Things Falling, by Juan Gabriel Vsquez Literary, political and intellectual history are woven into The Sound of Things Falling, Juan Gabriel Vsquezs new novel. Inside China's 'falcon' village In Jilin province, a small village keeps alive Manchu tradition of falcon training. Who is the greatest F1 driver? Who is the greatest F1 driver of all time? Past and present drivers give their verdict on the contenders to CNN. Hedge fund star Narula's main fund off 10.4 percent in second-quarter BOSTON (Reuters) - Deepak Narula's main hedge fund, of one last year's best performers, fell 10.4 percent in the second quarter, its deepest quarterly loss ever, pummeled by fears that interest rates... PRESS DIGEST - Financial Times - July 31 July 31 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. 'Joy of writing' helps Seles move on She spent her teenage years ruling the tennis world, and now Monica Seles is hoping her world of tennis can rule today's teenagers. An Afghan Media Mogul, Pushing Boundaries Saad Mohseni has brought soap operas, sitcoms and reality TV to his native country, Afghanistan, and with them a modicum of normalcy. Now he is looking to expand to Egypt, Libya and Iraq. Dot Earth Blog Daniel Yergin on George Mitchells Shale Energy Innovations and Concerns An energy historian considers the legacy of the energy entrepreneur who unlocked shale gas and oil with fracking. Escaping New Orleans' mean streets Nearly 30 years ago, Lisa Fitzpatrick was the target of a gang initiation. Fast track to driver road rage? It may not be "High Noon," but the Red Bull team are facing a Shanghai showdown when their two drivers resume rivalries at this weekend's Chinese Grand Prix. UPDATE 2-Profit warning at thriving U.S. Chrysler unit hits Fiat MILAN, July 30 (Reuters) - A profit warning from Fiat's U.S. unit Chrysler, which generates most of the group's net income, knocked the Italian automaker's shares lower on Tuesday even though it... Preview American Tour Features Elite Teams The Guinness International Champions Cup, which began Saturday in Spain, brings together eight of the top soccer teams in the world. UPDATE 4-Barclays seeks $9 bln from shareholders to appease regulator * UK regulator identifies 12.8 bln stg capital gap at bank Art in Review Luis Molina-Pantin Modus Operandi Mr. Molina-Pantins photographs of Disney-esque drug-baron mansions in Colombia are standouts at the International Center of Photographys 2013 triennial. Link by Link Historians Seek a Delay in Posting Dissertations The American Historical Association caused a stir by asking universities to allow new Ph.Ds to keep their dissertations from being circulated online for up to six years. Twitter faces new pressure to limit hate speech An advocate for honoring women on British currency was thanked for her efforts on Twitter with dozens of rape threats. A female writer who recently spoke out against rape jokes, almost predictably, got the same treatment. Garbage piles up in Santiago July 30 - With trash piling up as garbage collectors enter into their second day of strikes, the government examines options to prevent health risks. Deborah Lutterbeck reports. Tokyo facials at a snail's pace July 18 - Lie back, relax and prepare to be slimed a beauty salon in Tokyo uses live snails on clients faces. Tara Cleary reports. Dispute Blocks Hollywoods Share of Chinese Box Office A disagreement has taken root over whether to apply a new tax in China to the share of movie ticket sales that is owed to American film studios. Solar Trade Dispute Leaves Taiwan the Clear Winner A U.S. tariff ruling against China over panels made from Chinese solar cells has benefited Taiwan and its thriving solar industry. Ferrari chief rebukes Alonso Fernando Alonso's future at Ferrari is thrown into question after he is rebuked by the team's president. DealBook UBS Profit Rises in Second Quarter UBS said its second-quarter profit rose 32 percent, to $741 million, as the bank continued an overhaul designed to put its investment banking problems behind it. Movie Review Breaking the Girls, a Thriller Stuffed Full of Twists In Jamie Babbits Breaking the Girls, two friends fantasize about offing their enemies, but one turns out to be serious. CORRECTED-BRIEF-Post Properties sees FY 2013 EPS at $1.32-$1.45 (Corrects fifth bullet to say 2013 FFO guidance was $2.93-$3.03 per share, not $1.58-$1.61 per share) Table for Three At Lunch With Jesse Tyler Ferguson and Eric McCormack The actors Eric McCormack and Jesse Tyler Ferguson are known for their groundbreaking TV roles, but both agree that a subtle approach to getting out a message works best. SEC sues ex-Santander exec, ex-Spanish judge for insider trading NEW YORK, July 30 (Reuters) - The U.S. Securities and Exchange Commission has charged a former Banco Santander SA executive and a former Spanish judge with insider trading over a proposed takeover of... PGA ends putter ban opposition The PGA Tour decides to adopt the ban on the use of controversial anchored putters from 2016. UPDATE 5-Manning acquitted of aiding enemy, still may face long jail term (Adds comments from Julian Assange, legal expert, byline, additional dateline) Pop star Miley Cyrus says she's no "twerk queen" LONDON (Reuters) - U.S. pop singer and former Disney television child star Miley Cyrus brushed off any suggestions that dropping her squeaky clean image was a sign she was "going off the rails". Techquity Apple critic still a fan, Twitter IPO sign July 30 - An Apple critic says he still likes the stock while Twitter posts a job opening that could aid its move toward an IPO. How Africa fuels your world From PCs to cars, the products we take for granted are made with African minerals.

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