Amazon radar failure deepens Brazil air travel woes

(Reuters) - The radar glitch came just four days after the country's
worst plane crash and hours after President Luiz Inacio Lula da
Silva promised swift action to improve air safety.




Four American Airlines flights headed for Brazil turned
back to Miami and two of the company's aircraft en route to the
United States were grounded in the city of Manaus for several
hours before the radar was restored, local media reported.


Read more at Reuters.com Bonds News

ABN CEO says merger with Barclays is better: report

(Reuters) - "I am still convinced a merger with Barclays is the best. It is better in terms of the content but as for the amount, it is not good enough," Groenink said in an interview.




ABN's boards have recommended Barclays' all-share offer currently worth about 35 euros per ABN share.


Read more at Reuters.com Mergers News

S.African mining minister unhappy with De Beers

(Reuters) - South Africa's mining minister criticised a top official of diamond group De Beers on Friday for reportedly doubting the viability of boosting the local polishing industry.

South Africa and other regional diamond producers have been pressuring De Beers to distribute more rough diamonds locally to create jobs in the polishing and jewellery sectors.


Read more at Reuters Africa