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. Last Updated: 07/27/2016

02/12/2004

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Press Review

A brief look at the stories making headlines in the Russian-language press

Comcast Offering $54Bln for Disney

In a surprise move, cable TV giant Comcast Corp. proposed early Wednesday to buy Walt Disney Co., the iconic media and entertainment powerhouse that owns the ABC and ESPN television networks, movie studios and theme parks, for stock valued at about $54 billion.

Regulator Blocks PeopleSoft Bid

U.S. Justice Department lawyers are recommending that Oracle Corp.'s hostile takeover bid for business software rival PeopleSoft Inc. be blocked for antitrust reasons, a step that could kill the proposed $9.4 billion deal before shareholders get a chance to vote on it.

Greenspan: U.S. Deficit Is Risk

Federal Reserve Chairman Alan Greenspan said Wednesday the U.S. economy has made ""impressive gains"" since last summer and predicted that even the lagging jobs market should perk up in coming months.

Microsoft Warns About Critical Software Flaw

People who use Microsoft operating system software have to patch their systems yet again, or their computers will be vulnerable to attacks that could cede control of their computers to hackers, the company announced Tuesday.

Latest Iraq Bombing Kills Up to 46

A suicide attacker blew up a car packed with explosives in a crowd of hundreds of Iraqis waiting outside an army recruiting center Wednesday, killing up to 46 people, officials and witnesses said, in the second bombing in two days targeting Iraqis working with the U.S.-led coalition.

UN Talks on Cyprus Continuing

After a fruitless first round of talks, UN Secretary-General Kofi Annan was set to try again Wednesday for a deal with Greek and Turkish Cypriots to unify Cyprus before its May 1 entry into the European Union.

Fierce Gaza Clashes Leave 13 Dead

Israeli troops and Palestinian gunmen battled in two areas of the Gaza Strip early Wednesday, killing at least 13 Palestinians and wounding more than 50 people in one of the bloodiest days in Gaza in months.

Clark Ends Bid as Kerry Rolls On

His front-runner status bolstered by dual Southern victories, John Kerry is looking to Wisconsin to dispatch the dwindling field of Democratic U.S. presidential rivals still clinging to hope.

U.S. Seeking to Limit Nuclear Fuel Nations

President George W. Bush was scheduled to announce a new U.S. proposal Wednesday to limit the number of nations permitted to produce nuclear fuel, senior administration officials said Tuesday.

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