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China firm buys AMC to create cinema giant

Wanda's portfolio includes 86 movie theatres in China with a total of 730 screens

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
Tropical Storm Alberto weakens off SC coast

This NOAA satellite image taken Saturday, May 19, 2012, shows tropical storm Alberto 140 miles (225 km) east of Charleston, S.C. Alberto is the first tropical storm of the season and formed Saturday off the coast of South Carolina with top winds of 45 mph (75 kph). (AP Photo/Weather Underground)

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
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
Beirut clashes kill 1 amid fear of Syria spillover

An anti-Syrian regime protester, chants slogans during a demonstration to show solidarity with the Syrian revolution in Beirut, Lebanon, Friday, May 18, 2012. The head of a U.N. observer team in Syria cautioned Friday that the mission cannot achieve a permanent end to the violence without genuine talks between the two sides that have been locked in a violent conflict for more than a year. (AP Photo/Bilal Hussein)

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
Survivor: Honduran police fired on passenger boat

Lucio Adan Nelson Quin, 22, rests while recovering in a public hospital from the wounds caused during an attack involving U.S. helicopters in a DEA-supported anti-drug crackdown by Honduras police in Las Mosquitia region, in La Ceiba, Honduras, Sunday, May 20, 2012. On Friday May 11, Lucio and more than a dozen others dove from a riverboat into the water for cover from Honduran police, who with DEA agents aboard, say they were hitting drug traffickers who fired first. Four died.(AP Photo/Rodrigo Abd)

Lucio Adan Nelson dozed on a riverboat ferrying him home from a visit with his mother when helicopters appeared overhead and started shooting. He and about a dozen other passengers traveling in the middle of the night jumped into the water for cover.
Publ.Date : 2012-05-21T06:25:52Z
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