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. Last Updated: 07/27/2016

07/13/2004

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Press Review

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

M&S Returns $4Bln to Prevent Takeover

Marks & Spencer said Monday it would return ?2.3 billion ($4.26 billion) to shareholders as it tries to win their loyalty and fend off a ?9.1 billion bid attempt by retail mogul Philip Green.

Nikkei Rises as Japan's Political Worries Fade

Japanese stocks closed sharply higher on Monday with investors back in a buying mood after the outcome of a weekend election eased worries about domestic political instability.

Famed Capitalist-Philanthropist Laurance Rockefeller Dies at 94

Laurance Rockefeller, a conservationist, philanthropist and leading figure in the field of venture capital, died in his sleep Sunday morning. He was 94.

Beijing Puts Senior Banker to Death

A senior banker has been executed and at least eight bank executives arrested amid a slew of reports of loan fraud and other abuses at China's state-run banks, official media reported Monday.

China's June Trade Surplus Soars 47%

China posted its second monthly trade surplus in a row in June as exports soared a higher-than-expected 46.5 percent from a year earlier, figures released Monday showed.

Deadline Looms Over Trade Talks

Five key trading nations made some progress at weekend talks, but cautioned that many obstacles still lay ahead of an end of July deadline for an outline accord on global trade, officials said.

Enron CFO's Wife Goes to Jail

For the next year, home for the real estate and grocery heiress married to Enron's former finance chief will be a 2.4-meter-by-3-meter cell. She will live with a roommate, share a toilet and endure noise that does not stop at lights-out.

Sharon, Peres Forge Uneasy Truce

Call them Israel's comeback kids -- with a combined age of 156.

Condom Row Erupts at AIDS Talks

The controversy over whether sexual abstinence, favored by the George W. Bush administration, or condoms are more effective in the fight against AIDS erupted at a major conference Monday.

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