Wednesday, July 4, 2012

PRESS DIGEST-Wall Street Journal-July 2

The July 2 | Monday July 2, 2012 1:54 am EDT

July 2 (Reuters)-were the top stories in the Wall Street Journal on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

President of Barclays Plc, Marcus Agius, will come amid fallout from $453 million settlement Bank of a probe of manipulation of interest rates, according to three people close to the Bank.

* Former party of Mexico, promising to put the country in the big leagues in emerging economies, claimed a win Presidency Sunday, appearing to Cap a remarkable comeback for a party, once called "the perfect dictatorship" for his long grip on power.

* Apple Inc. will pay $ 60 million to settle a trademark dispute with a Chinese company over the name iPad, according to a Chinese court, potentially resolving a case that has illustrated the challenges of intellectual property for foreign companies in China.

* A plan by world powers for a political transition Syrian appeared Sunday condemned, with regime of Bashar al-Assad, interpreting the result as a lifeline from Russia-his main international backer-and the lack of any reference in the plan for Mr Assad's departure from Office angered the Syrian opposition.

* Dell Inc. is near a deal to buy hits Quest Software Inc. after trumping a group of private equity firms, and the announcement could come as early as Monday, people familiar with the matter said.


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