Ghana election, test of democratic reputation

ACCRA, Ghana (AP) — Voters in Ghana were selecting their next president and a 275-seat parliament in elections Friday, solidifying the West African nation‘s reputation as a beacon of democracy in the region.

Some 14 million people are expected to turn out. President John Dramani Mahama, in office for only five months, is running against seven contenders. A former vice president, Mahama became president in July after the unexpected death of former President John Atta Mills. The 54-year-old is also a former minister and parliamentarian and has written an acclaimed biography, “My First Coup d’Etat.”

His main challenger is Nana Akufo-Addo, a former foreign minister and the son of one of Ghana’s previous presidents. The contender lost the 2008 election to Mills by less than 1 percent. Both men are trying to make the case that they will use the nation’s newfound oil wealth to help the poor.

Ghana, a nation of 25 million, is one of the few established democracies in the region as well as the fastest-growing economy. But a deep divide still exists between those benefiting from the country’s oil, cocoa and mineral wealth and those left behind financially.

In an interview on the eve of the vote, Akufo-Addo told The Associated Press that the first thing he will do if elected is begin working on providing free high school education for all. “It’s a matter of great concern to me,” he said, adding that he plans to use the nation’s oil wealth to educate the population, industrialize the economy and create better jobs for Ghanaians.

Policy-oriented and intellectual, Akufo-Addo is favored by the young and urbanized voters. He was educated in England and comes from a privileged family. The ruling party has depicted him as elitist, which Akufo-Addo calls “a little PR construct.”

“The idea that merely because you are born into privilege that automatically means you are against the welfare of the ordinary people, that’s nonsense,” he said.

Ghana had one of the fastest growing economies in the world in 2011. Allegations of corruption against the ruling party are rife.

Akufo-Addo said that if elected, he would not be able to weed out corruption in the government overnight.

“It’s a long fight,” he said. “But we build the institutions that can fight it.”

He said that in 30 years in politics he has never been accused of corruption.

Many analysts believe Mahama and Akufo-Addo are neck-and-neck.

Results are expected to be announced by Sunday, but could be delayed. If no one wins an absolute majority, a second round of voting will be held on December 28.

All candidates have signed a peace pact and have promised to accept the results of Friday’s poll.

Ghana, a nation of 25 million, has previously held five transparent elections in a row. Nearby Mali, which was also considered a model democracy, was plunged into chaos this March following a military coup.

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Associated Press writer Francis Kokutse contributed to this report from Accra, Ghana.

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H&R Block, Zynga, Akamai are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

H&R Block Inc., up 89 cents at $ 18.26

The tax preparer’s quarterly loss narrows, helped by cost cuts. It thinks earnings will grow in the upcoming U.S. tax season.

SAIC Inc., down 41 cents at $ 11.26

The defense contractor’s quarterly earnings fall short of Wall Street expectations, and it’s eliminating 700 jobs to cut costs.

Men’s Wearhouse Inc., down 84 cents at $ 30.51

The men’s clothing store chain cuts its outlook, saying traffic dropped in November and it was more cautious about the rest of the year.

Safeway Inc., up 42 cents at $ 17.88

The grocery store chain moves up payment of its quarterly dividend to December from January to avoid potentially higher taxes.

Nasdaq

Zynga Inc., up 17 cents at $ 2.49

The troubled online games maker’s filing with a Nevada regulator could pave the way for it to enter the lucrative U.S. gambling market.

Vera Bradley Inc., down $ 3.07 at $ 23.14

The handbag maker’s forecast for the current quarter comes in short of Wall Street analysts’ average estimate.

Akamai Technologies Inc., up $ 3.56 at $ 39.06

The company, whose products help deliver online content, strikes a deal to provide services to AT&T customers.

Epoch Investment Partners Inc., up $ 5.78 at $ 27.69

Canada’s TD Bank plans to buy the U.S. asset manager for $ 668 million, a 28 percent premium from Wednesday’s closing price.

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“Star Trek Into Darkness” trailer sports a very vengeful Benedict Cumberbatch

LOS ANGELES (TheWrap.com) – Benedict Cumberbatch carries a galactic grudge in the new trailer for “Star Trek Into Darkness.”

The first look at what’s next for Capt. Kirk and crew is an explosion-rich one, but the best special effect on display in the J.J. Abrams-directed sequel is Cumberbatch‘s Shakespearean-infused threats of global devastation.

“You think your world is safe,” he says in a voice dripping with Coriolanus-like fury. “It is an illusion, a comforting lie told to protect you. Enjoy these final moments of peace. For I have returned to have my vengeance.”

Cue scenes of mayhem and pyrotechnics.

It’s not clear who Cumberbatch – best known his for take on the legendary Baker Street sleuth on the British television show “Sherlock” – will play (Khan?), but he evidently isn’t a fan of Starfleet.

Most of the cast of 2009′s well-received “Star Trek” reboot are returning, including Chris Pine as Kirk and Zachary Quinto as Mr. Spock. “Star Trek Into Darkness” hits theaters on May 17, 2013.

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Brazil government denies media reports of 2010 mad cow case

SAO PAULO (Reuters) – Brazil‘s Agriculture Ministry said on Friday that the country had registered no cases of mad cow disease, denying reports on some local media websites that said the disease had cropped up in the southern state of Parana two years ago.

In a statement on its website, the ministry said a cow that died in Parana in 2010 had tested positive for prions, the proteins believed to cause bovine spongiform encephalopathy, as the disease is formally called.

But the statement went on to say that the animal did not die of BSE and did not have symptoms of the disease.

“The World Animal Health Organization (OIE) in an official communication maintains the classification of Brazil as a country with insignificant risk of BSE,” the statement said.

In 2010, the ministry had also denied reports of a case of mad cow disease after news agencies picked up on the story. The government said it would provide further details on the case later on Friday at a news conference.

A story posted on the website of financial newspaper Valor Economico early on Friday said the cow in Parana had probably died of mad cow disease.

The outbreak of mad cow disease in Europe, North America and Japan a decade ago prompted beef importers to embargo shipments and caused temporary chaos in the industry. Brazil is the world’s largest beef exporter.

(Reporting by Reese Ewing and Gustavo Bonato; Editing by Lisa Von Ahn)

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Sharp fall in UK factory output

7 December 2012 Last updated at 07:42 ET

UK manufacturing output registered a surprisingly sharp fall in October, resurrecting fears of recession.

Output fell by 1.3% from September, the Office for National Statistics said, with food and drink output, notably beer, down following the Olympics.

It was the worst fall since June, when activity was depressed by extra public holidays for the Diamond Jubilee.

It also adds to evidence that the UK economy may be relapsing into recession after a short rebound over the summer.

The ONS’s latest growth estimate suggested the economy expanded 1% in the third quarter of the year, following nine months of mild contraction – in part thanks to the boost from tourist spending during the Summer Olympics.

Guns, beer, coke and drugs

Compared with a year ago, manufacturing output in October was down by 2.1%.

Production of alcoholic beverages was down 10% from September, and 16% from a year earlier.

There were also sharp falls in activity in the coke and refined petroleum, weapons and ammunitions, and pharmaceuticals sectors.

The figure for the wider measure of industrial output, which also includes energy production and mining, was down 0.8% in October, after falling 2.1% in September.

The seasonally adjusted index of production fell by 3% in October 2012 compared with a year ago, the 19th consecutive monthly fall on the same month a year ago.

The figures were worse than economists had expected.

“Very disappointing – triple dip [recession] here we come,” said Alan Clarke at Scotiabank.

“Manufacturing was diabolical. Sadly, I think there is not a lot to suggest that it is temporary. Survey data has been fairly downbeat.”

Potential

The chief economist at the British Chambers of Commerce, David Kern, said the industrial production figures were “bleak”, and added it was clear that “the manufacturing sector is facing major obstacles to a sustainable recovery”.

However, he said there were reasons to be confident about the sector’s prospects.

“Manufacturing is still a significant sector of our economy and is still benefitting from a competitive exchange rate, not withstanding sterling’s rise over the past year… the sector is well-managed, and has the potential to recover.”

Oil and gas extraction fell in the month at the fastest rate since records began in January 1998, although that was partly due to maintenance works, which included the temporary shutdown of the largest oil field in the North Sea.

The news comes in the same week as the government’s Autumn Statement, which said the economy would shrink this year, rather than expand, as had first been predicted.

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South Africa military plane crashes in mountains

JOHANNESBURG (AP) — A South African military aircraft on an unknown mission to an area near the village where former President Nelson Mandela lives crashed in a mountain range, officials said Thursday. It was unclear whether there were any survivors.

The Douglas DC-3 Dakota, a twin-propeller aircraft, had taken off from Pretoria’s Waterkloof Air Force Base on Wednesday night, said Brig. Gen. Xolani Mabanga, a military spokesman. On Thursday morning, soldiers found the wreckage of the airplane in the Drakensberg mountains near Ladysmith in KwaZulu-Natal province, some 340 kilometers (210 miles) southeast of the air base, Mabanga said.

Mabanga said soldiers had been sent to the scene to look for survivors. Mabanga said he did not know what the mission of the aircraft was, though it had planned to land in Mthatha in the country’s Eastern Cape. Siphiwe Dlamini, a Defense Ministry spokesman, declined to immediately comment Thursday morning.

Mthatha is about 30 kilometers (17 miles) north of Qunu, the village where Mandela now lives after retiring from public life. South Africa‘s military remains largely responsible for the former president’s medical care. However, military officials declined to say whether those on board had any part in caring for Mandela.

In November, another South African military flight crash landed at Mthatha, sending several people to the hospital with injuries. However, at that time, the military denied that those on board had anything to do with Mandela’s care.

Mandela, 94, was imprisoned for nearly three decades for his fight against apartheid before becoming the nation’s president in the country’s first fully democratic vote in 1994.

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Jon Gambrell can be reached at www.twitter.com/jongambrellAP .

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Samsung files redacted copy of Apple-HTC deal in U.S. court

(Reuters) – Lawyers for Samsung Electronics Co Ltd filed a redacted copy of a 10-year patent licensing agreement between Apple Inc and Taiwan’s HTC Corp in a U.S. court late on Wednesday following a judge’s order.

The Korean electronics company had earlier filed a motion to compel Apple — with which it is waging a bitter legal battle over mobile patents across several countries — to reveal details of a settlement that was made with HTC on November 10 but which have been kept under wraps.

The court last month ordered Apple to disclose to Samsung details of the legal settlement that the iPhone maker reached with HTC, including terms of the 10-year patents licensing agreement.

Legal experts say the question of which patents are covered by the Apple-HTC settlement, and licensing details, could be instrumental in Samsung’s efforts to thwart Apple’s subsequent quest for a permanent sales ban on its products.

The redacted copy excludes key specifics such as the royalty payments HTC would have to make to Apple for using some of the U.S. company’s patents. Also excluded are details of some of HTC’s covered products that were part of the licensing deal.

The court order had stated that “only the pricing and royalty terms of license agreements may be sealed.”

However, Samsung lawyers said in the filing that they had withheld a few other details of the licensing agreement as requested by Apple and HTC.

As per the Apple-HTC agreement, the licenses do not include Apple’s design patents, according to a filing made with the District Court of Northern California.

Apple and HTC also agreed to fully paid-up, royalty-free, non-exclusive, non-transferable, non-sublicensable licenses to certain of the other’s patents.

Apple has agreed not to initiate legal action over some of HTC’s covered products. The details of the products were not disclosed.

The copy of the Apple-HTC deal filed with the court “incorporates redactions HTC requested and the redactions Apple requested, which are a subset of HTC’s redactions. Samsung takes no position on whether the redactions are appropriate at this time,” Samsung’s lawyers said in a filing.

If all the Apple patents are included — including the “user experience” patents that the company has previously insisted it would not license — it could undermine the iPhone maker’s efforts to permanently ban the sale of products that copy its technology.

In a previous court filing, Samsung argued that it was “almost certain” that the HTC deal covered some of the patents involved in its own litigation with Apple.

The case in U.S. District Court, Northern District of California, is Apple Inc v. Samsung Electronics Co Ltd et al, No. 11-1846.

(Reporting by Sakthi Prasad in Bangalore and Poornima Gupta in San Francisco; Editing by Richard Pullin and Ted Kerr)

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“Zero Dark Thirty” wins best film award a second time

NEW YORK (Reuters) – “Zero Dark Thirty,” filmmaker Kathryn Bigelow‘s action thriller about the hunt for Osama bin Laden, was named best film of 2012 on Wednesday by the National Board of Review – the second accolade for the movie in one week.

Bigelow was named best director and Jessica Chastain, who plays the starring role of a young CIA officer pursuing bin Laden, was named best actress by the NBR.

Bradley Cooper took home best actor honors for his portrayal of a bipolar, former teacher in the film “Silver Linings Playbook.”

” ‘Zero Dark Thirty’ is a masterful film,” NBR President Annie Schulhof said in a statement. “Kathryn Bigelow takes the viewer inside a definitive moment of our time in a visceral and unique way. It is exciting, provocative and deeply emotional.”

Wednesday’s awards for the Hollywood treatment of the decade-long operation to hunt and kill bin Laden, based on firsthand accounts, boosts the prospects for the movie to win an Oscar in February. The film, not yet publicly released, also took the top award from the New York Film Critics Circle on Monday.

Leonardo DiCaprio won best supporting actor from the NBR for his role in Quentin Tarantino’s new slavery era drama, “Django Unchained,” while Ann Dowd took the best supporting actress honors for her role in “Compliance,” as a fast-food restaurant manager duped by a prank caller scam.

The NBR, a 100 year-old U.S.-based group of movie industry watchers and film professionals, gave its original screenplay award to Rian Johnson for “Looper,” and adapted screenplay to David O. Russell for “Silver linings Playbook.”

“HOBBIT,” “LIFE OF PI” OVERLOOKED

“Les Miserables,” the first big movie adaptation of the popular stage musical featuring Hugh Jackman, Russell Crowe and Anne Hathaway was named best ensemble, and the group gave its best animated feature prize to “Wreck-It-Ralph.”

Each year the board also issues a list of top 10 movies, which this year besides Bigelow’s film included Ben Affleck’s Iran hostage thriller “Argo,” “Django Unchained,” “Les Miserables,” “Silver Linings Playbook,” and “Looper.”

“Lincoln,” Steven Spielberg’s biopic of President Abraham Lincoln, the mystical indie film “Beasts of the Southern Wild,” Gus van Sant’s fracking drama “Promised Land,” and coming of age film “The Perks of Being A Wallflower,” rounded out the list.

Absent from the list were some films that had been touted for honors ahead of awards season, including Peter Jackson’s “The Hobbit,” Wes Anderson’s “Moonrise Kingdom,” indie film “The Sessions” starring Helen Hunt, and Ang Lee’s “Life of Pi.”

In other categories, NBR gave its best documentary award to “Searching for Sugarman,” and chose Austrian director Michael Haneke’s “Amour,” as best foreign language film.

Child-actress Quvenzhane Wallis from “Beasts of the Southern Wild,” and “The Impossible” actor Tom Holland each won awards for breakthrough performances.

Benh Zeitlin received the award for best debut director for “Beasts of the Southern Wild,” while documentary “Central Park Five” and drama “Promised Land” were both honored with the Freedom of Expression award.

The National Board of Review was formed in New York in 1909 as a nonprofit organization dedicated to supporting movies as an art form and entertainment.

(Reporting by Christine Kearney, editing by Jill Serjeant and Leslie Gevirtz)

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Kate leaves hospital after morning sickness

LONDON (Reuters) – Prince William‘s pregnant wife Kate left the King Edward VII hospital in central London on Thursday where she had spent four days being treated for acute morning sickness.

Accompanied by her husband, Kate, 30, appeared at the steps of the hospital smiling and holding a bouquet of yellow flowers. Neither she nor William spoke to waiting reporters before being driven way.

Kate, who married the second-in-line to the throne in April last year, has been suffering from Hyperemesis Gravidarum, an acute morning sickness which causes severe nausea and vomiting and requires supplementary hydration and nutrients.

There has been no announcement about when the baby is due, although the prince’s spokesman has said Kate is less than 12 weeks pregnant.

Kate, known formally as the Duchess of Cambridge, will now recuperate at Kensington Palace, a royal residence in west London, her husband’s office said.

“She is feeling better but now requires a period of rest,” a royal spokeswoman said. “Their royal highnesses would like to thank the staff at the hospital for the care and treatment the duchess has received,” the spokeswoman added.

The onset of the severe sickness and the need for Kate to go to hospital brought forward the announcement of her pregnancy, sparking a frenzy in the British media and even taking by surprise her grandmother-in-law, Queen Elizabeth, according to reports.

Bookmakers have been quick off the mark to lay odds on a name for the unborn baby, who will be third in line to the British throne after William and his father Charles.

The government is passing legislation in time for the birth to change historic rules of succession so that males no longer have precedence over a female sibling.

There has even been speculation that Kate could be carrying twins, as the acute sickness she is suffering is slightly more common in twin pregnancies.

World leaders including U.S. President Barack Obama were swift to follow British Prime Minister David Cameron in sending their congratulations.

(Reporting by Tim Castle and Stephen Addison, editing by Paul Casciato)

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EADS EGM scheduled for first quarter: source

BERLIN (Reuters) – EADS will call an extraordinary general meeting in the first quarter of next year to seek approval of a planned overhaul of its shareholders structure, a source at the German economy ministry said on Thursday.

Nations in EADS on Wednesday agreed on the biggest shake-up of the European aerospace group since it was founded over a decade ago, opting after years of uneasy cohabitation to put its board and most of its shares beyond public control.

(Reporting by Markus Wacket; Writing by Maria Sheahan)

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