2012 YEAR IN REVIEW

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  • No celebrations for title-chaser Hamilton
    No celebrations for title-chaser Hamilton

    Lewis Hamilton said he will not be celebrating after his dramatic victory in Sunday’s Singapore Grand Prix, but will instead be concentrating on the five remaining races in his bid for a second drivers’ world title.

  • No quick fix in U.S. bid to end reliance on Russian rocket engines

    By Andrea Shalal WASHINGTON (Reuters) - The U.S. drive to end its reliance on Russian rocket motors got a boost this week when Amazon.com Inc founder Jeff Bezos unveiled a new engine project, but officials and industry insiders say it will take years and hundreds of millions of dollars to develop a locally built alternative. ...

  • Chinese warships in first call at an Iran port
    Chinese warships in first call at an Iran port

    Two Chinese destroyers have arrived at Iran's Gulf port of Bandar Abbas, in an unprecedented visit attesting to a new rapprochement between the two countries, Iranian media reported Sunday.

  • China says 88 fugitives returned from abroad

    BEIJING (AP) — China's police ministry on Sunday said 88 fugitives wanted on charges of corruption and other economic offenses have been extradited or returned on their own from the United States and other countries in the midst of an anti-graft crackdown.

  • Some California wells run dry amid drought
    Some California wells run dry amid drought

    EAST PORTERVILLE, Calif. (AP) — Hundreds of domestic wells in California's drought-parched Central Valley farming region have run dry, leaving many residents to rely on donated bottles of drinking water to get by.

  • Intruder was unarmed, seemed mentally ill; Obamas were not home
    Intruder was unarmed, seemed mentally ill; Obamas were not home

    The small army of Secret Service agents guarding the White House carry a wide range of weapons and get training on how to repel armed assaults – so why did no one shoot the intruder who jumped the fence on Friday and got all the way to the mansion’s doors?

  • California authorities capture 5th jail escapee
    California authorities capture 5th jail escapee

    SAN FRANCISCO (AP) — A fifth man who escaped a Central California correctional facility has been captured, authorities said Sunday.

  • SoftBank estimates $4.6 billion gain from Alibaba listing

    TOKYO (Reuters) - Japan's SoftBank Corp said it expected a gain of about 500 billion yen ($4.6 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 percent on its first day of trade. SoftBank CEO Masayoshi Son also told CNBC that he would want to own more of Alibaba, although he reiterated that the Japanese mobile carrier and Internet media company was happy with the current 32 percent stake, which made it the Chinese company's biggest shareholder. Asked if he would like more of Alibaba, Son told CNBC on Friday: "Of course. ...

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