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China firm buys AMC to create cinema giant Wanda, a property group owned by one of China's richest men, said on Monday it would buy US cinema chain AMC Entertainment for $2.6 billion, adding it would create the world's biggest movie theatre owner. Publ.Date : 2012-05-21T05:36:49Z Egypt's Brotherhood flexes muscles in push for presidency CAIRO (Reuters) - Egypt's Muslim Brotherhood showed off its ability to rally support with choreographed campaign events throughout the nation on Sunday in a final push to clinch victory for its candidate in this week's presidential election. Well-known Islamic preachers and soccer celebrities took to the podium in Cairo to endorse Brotherhood candidate Mohamed Mursi, a relative latecomer to the race. His main rivals include Islamists and ex-officials of former President Hosni Mubarak. ... Publ.Date : 2012-05-21T05:29:30Z Alibaba buys back 20 percent stake held by Yahoo for $7.1 billion SHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing. Under the agreement, Yahoo will sell half of its stake in Alibaba for at least $6.3 billion in cash and up to $800 million in new Alibaba preferred stock. ... Publ.Date : 2012-05-21T05:07:47Z Tropical Storm Alberto weakens off SC coast Tropical Storm Alberto hovered off the South Carolina and Georgia coasts on Sunday, canceling tourist cruises, producing showers and serving as a reminder that the 2012 Atlantic hurricane season is just around the corner. Publ.Date : 2012-05-21T06:21:18Z AP Photos: Millions view 'ring of fire' eclipse Millions of early risers in Asia turned their attention skyward to view a rare "ring of fire" eclipse as it crossed their skies Monday morning. Publ.Date : 2012-05-21T05:20:03Z Beirut clashes kill 1 amid fear of Syria spillover Lebanese security officials say overnight clashes in Beirut between Sunni groups that support and oppose the regime in Damascus have killed one person and wounded 10. Publ.Date : 2012-05-21T05:58:11Z Chinese company to buy US movie theater chain AMC A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest corporate takeover in the United States to date. Publ.Date : 2012-05-21T05:50:51Z NATO to endorse Afghan exit plan, seeks routes out CHICAGO (Reuters) - NATO leaders will endorse plans to hand over combat command in Afghanistan by mid-2013 on Monday and seek practical progress in opening routes to bring an international army of more than 130,000 back home from an unpopular, resource-draining war. The strategy for a gradual exit from Afghanistan is aimed at holding together the multinational force and maintaining security in spite of France's decision to withdraw its troops earlier than scheduled. ... Publ.Date : 2012-05-21T05:02:46Z Eclipse 'ring of fire' wows Asian, US sky-gazers Millions turned their eyes to the sky on both sides of the Pacific as a solar eclipse created a "ring of fire" from Asia to the western United States, where it was greeted with whoops in California. Publ.Date : 2012-05-21T04:43:17Z Asia stocks mixed after G8 vague on Europe fix Bargain-hunting helped Asian stock markets edge upward Monday, but gains were limited as investors remained unconvinced that the world's major economies nailed a solution to the European debt crisis following a summit in Washington. Publ.Date : 2012-05-21T06:00:56Z