US stock sell-off on fears of weak recovery
New York - US stocks followed global markets in a broad decline amid investor fears over the world's uneasy recovery from recession. Major US stock indices fell about 1 per cent on average, following hefty declines in the DJ Euro Stoxx 50 and Japan's...
[Posted on :
] Category : [
US (Business) ]
|
UN team to probe September killings in Guinea
New York - United Nations Secretary General Ban Ki-moon on Wednesday urged three investigators to work independently to assess the facts that led to the deaths of scores of people who demonstrated against the government in Guinea in September. Moha...
[Posted on :
] Category : [
US (World) ]
|
|
|
Artist Jeanne-Claude dies at 74
New York - Artist Jeanne-Claude has died at age 74 in New York, a family friend said Thursday. Jeanne-Claude and artist husband Christo are famous for wrapping several monuments around the world, including the Reichstag in Berlin, the Pont Neuf in Pa...
[Posted on :
] Category : [
US (Entertainment) ]
|
UN: Trade sanctions bite North Korea, but arms embargo stings less
New York - The UN Security Council's trade sanctions against North Korea inflicted a sharp drop in business, but the country appeared to have eluded the arms embargo because of its sophisticated international network, a sanctions panel said Thursday....
[Posted on :
] Category : [
World ]
|
UN congratulates Afghan leader's inauguration
New York - UN Secretary General Ban Ki-moon sent Thursday congratulations to re-elected Afghan President Hamid Karzai, who pledged to fight corruption and improve governance and security at his inauguration for a second four-year term. In pursuance ...
[Posted on :
] Category : [
World ]
|
|
|
Child mortality drops in 20th year of rights convention
New York - Child mortality rates have dropped by 28 per cent since the Convention on the Rights of the Child took effect 20 years ago, the UN Children's Fund said Thursday. An estimated 8.8 million children under five died from various diseases in 20...
[Posted on :
] Category : [
Health ]
|
US leading economic indicator gains 0.3 per cent
Washington - A key measure of US economic performance gained in October, according to a private research group Thursday, signalling that a broader recovery may be taking hold. The New York-based Conference Board's Leading Economic Index added 0.3 per...
[Posted on :
] Category : [
US (Business) ]
|
Dow drops back below 10,000
New York - The Dow Jones Industrial Average dropped back below 10,000 points on Wednesday amid poor news for financial firms. The sell-off happened mostly in the final hour of trading, after a respected analyst, Dick Bove, downgraded the shares of ba...
[Posted on :
] Category : [
US (Business) ]
|
|
|
UN Security Council supports investigation of killing in Guinea
New York - The UN Security Council has given its support for an inquiry into the alleged killing of more than 150 demonstrators in Guinea's capital of Conakry last month, a French diplomat said Wednesday. The council also supports a prominent role fo...
[Posted on :
] Category : [
World ]
|
|
|
Weaker Barbie sales push down Mattel earnings
New York - Mattel, maker of the classic Barbie doll, said Friday profits fell 3 per cent in the third-quarter. Weaker sales of the iconic doll led profits down to 230 million dollars, as revenues dipped 8 per cent to 1.8 billion dollars, the world's ...
[Posted on :
] Category : [
US (Business) ]
|
Bank of America posts another massive loss
New York - Bailed-out financial firm Bank of America on Friday reported a surprising 2.2-billion-dollar loss in the third quarter due to fresh credit losses. The loss was higher than expected and comes after rivals Goldman Sachs and JP Morgan Chase r...
[Posted on :
] Category : [
US (Business) ]
|
|
|
|
|
Airbus with cracked windshield makes emergency in Canada
New York/Toronto - An Airbus carrying 255 passengers was forced to make an emergency landing Tuesday in Newfoundland as a result of cracked windshield, media reports said. The airplane had been cruising over the Atlantic while en route from Toronto t...
[Posted on :
] Category : [
US (World) ]
|
US economic indicator rises more than expected
Washington - A key gauge of the US economy climbed faster than expected in September in the latest sign that the world's largest economy is on the road to recovery, a private research group said Thursday. The New York-based Conference Board reported ...
[Posted on :
] Category : [
US (Business) ]
|
UN condemns attack that killed over 90 people in Pakistan
New York - UN Secretary General Ban Ki-moon condemned in the strongest terms on Wednesday the bomb attack that killed at least 93 people in Peshawar, Pakistan. I condemn, in the strongest possible terms, today's bomb attack at a market in Peshawar...
[Posted on :
] Category : [
World ]
|
Ban: UN will continue elections work despite attack - Summary
New York - UN Secretary General Ban Ki-moon on Wednesday pledged UN determination to carry on with its activities in Afghanistan despite the attack that killed up to 12 people in a raid on a UN guest house by Taliban. We will never be deterred by th...
[Posted on :
] Category : [
World ]
|
Ban condemns 'cowardly attack' in Kabul's UN building
New York - UN Secretary General Ban Ki-moon on Wednesday condemned the attack against the UN guest house in the Afghan capital Kabul, which killed at least 12 people including UN staffers, and injured a number of people. I am deeply shocked and outr...
[Posted on :
] Category : [
World ]
|
|
|
US stocks drop amid mixed earnings
New York - US stocks fell on Tuesday amid a rash of company earnings reports and government figures that pointed to a still- struggling housing market. Earnings were mixed at some of the country's biggest firms. Shares of computer giant Apple and ind...
[Posted on :
] Category : [
US (Business) ]
|
Morgan Stanley sells retail investment branch to Invesco
New York - Invesco Ltd has agreed to buy Morgan Stanleys retail investment management business for 1.5 billion dollars in stock and cash, the two companies confirmed. It was the industrys third takeover of an asset manager from a loss-ridden bank in ...
[Posted on :
] Category : [
US (Business) ]
|
