Alibaba, China's top e-commerce player, will re-purchase a 20-percent state in itself from US portal Yahoo! for at least $7.1 billion, the companies announced.
With his carefully tended hair, tight trousers and perfect harmonies, Robin Gibb, along with his brothers Maurice and Barry, defined the disco era. As part of the Bee Gees — short for the Brothers Gibb — they created dance floor classics like "Stayin Alive," ''Jive Talkin'," and "Night Fever" that can still get crowds onto a dance floor.
NEW YORK (Reuters) - Blind Chinese activist Chen Guangcheng soaked up the sun in New York City on Sunday as his children played in a garden, a break in a day of meetings to arrange his studies at New York University. "(Chen) said he hadn't sat in the sun for many, many years," said Jerome Cohen, a China law expert and professor at New York University's law school, where Chen will study. "He wanted to go out in the garden ... his kids went out first and then he went out," Cohen, who has become a confidante of Chen's, told Reuters. ...
CHICAGO (Reuters) - NATO will hand over the lead role in combat operations to Afghan forces across the country by mid-2013, alliance leaders said on Sunday as they charted a path out of a war that has lost public support and strained budgets in Western nations. A NATO summit in Chicago on Monday will formally endorse a U.S.-backed strategy for a gradual exit from Afghanistan, a move aimed at holding together an allied force scrambling to cope with France's decision to withdraw its troops early. ...