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US Stocks Rise Slightly on Corporate Deals

Posted June 13th, 2011 at 10:15 am (UTC-5)
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Major U.S. stock indexes were higher in early Monday trading, rebounding slightly from a six-week losing streak as investors welcomed news of several corporate merger deals. The Dow Jones Industrial Average, the S&P 500 index and the NASDAQ Composite index were all gaining about four-tenths of a percent. One deal that appeared to boost the […]

Tags: , , , Posted in Economy

Berlusconi Says Nuclear Energy “Probably” Out in Italy

Posted June 13th, 2011 at 10:10 am (UTC-5)
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Italian Prime Minister Silvio Berlusconi says Italy will “probably” have to give up plans to return to nuclear power as the country holds a referendum on the issue. Italians are in the final stretch of two days of voting on a referendum that seeks to block the revival of nuclear energy. Berlusconi’s government had opposed […]

Tags: , Posted in Europe

Aung San Suu Kyi: Rights Push Shows Burmese Quest for Justice

Posted June 13th, 2011 at 10:05 am (UTC-5)
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Burmese democracy leader Aung San Suu Kyi has asked international labor leaders to support justice and improved human rights in her homeland. The 65-year-old Nobel laureate spoke Monday by video message to the International Labor Organization meeting in Geneva. She said Burma must not be allowed to fail in its quest to improve the welfare […]

Tags: , Posted in East Asia Pacific

Yemen Opposition in Talks About Power Transition

Posted June 13th, 2011 at 10:00 am (UTC-5)
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Yemen’s political opposition has held talks with the country’s acting leader, seeking to oust President Ali Abdullah Saleh, who is in Saudi Arabia recovering from injuries suffered in a rocket attack. The Associated Press says Vice President Abd al-Rab Mansur Hadi and opposition leaders met Monday and worked out a framework for discussions on a […]

Tags: , , Posted in Middle East

Neighbors Urge Zimbabwe to Speed Up Reforms

Posted June 13th, 2011 at 9:55 am (UTC-5)
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Southern African leaders have urged Zimbabwe’s fragile unity government to speed up reforms so that free and fair elections can be held. In a statement released late Sunday, the Southern African Development Community said Zimbabwe must create a political environment that includes “a level playing field” for elections. The regional bloc released the statement after […]

Tags: , Posted in Africa

Obama Travels to North Carolina for Jobs Meeting

Posted June 13th, 2011 at 9:55 am (UTC-5)
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U.S. President Barack Obama travels to North Carolina Monday to hear private-sector proposals for boosting job creation, as he tries to reassure voters worried about a slow economic recovery. Mr. Obama will meet in the city of Durham with 26 business leaders he appointed in to a Jobs and Competitiveness Council. Council leader Jeffrey Immelt, […]

Tags: , , Posted in Americas, Economy, US

Jordanian King Unharmed in Motorcade Incident

Posted June 13th, 2011 at 9:55 am (UTC-5)
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In a nationally televised address, the king said a royal commission is now exploring “possible amendments” to the constitution. He did not elaborate on the reforms or give a timetable for implementation, saying sudden change could lead to chaos and unrest. King Abdullah is considered an important U.S. ally. He vowed a tougher fight against […]

Tags: , , , Posted in Middle East

Vietnam Launches Naval Maneuvers As Tensions With China Grow

Posted June 13th, 2011 at 9:35 am (UTC-5)
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Vietnam launched military drills in the South China Sea Monday, firing naval guns off its central coast as a maritime dispute with neighboring China intensifies. The live-fire maneuvers, which lasted about four hours, took place near an unoccupied island about 40 kilometers off the coast of Quang Nam province. Hanoi said more drills would take […]

Tags: , , , Posted in East Asia Pacific

Suicide Bomber Hits Pakistani Capital, 1 Dead

Posted June 13th, 2011 at 9:15 am (UTC-5)
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A suicide bomber struck an Islamabad bank on Monday, killing one other person in the first such attack in the Pakistani capital in more than a year and a half. Police say the attacker detonated his explosives after being stopped from entering the bank by a security guard. The guard was killed in the blast […]

Tags: , , , Posted in South Asia

Republican US Presidential Hopefuls to Debate

Posted June 13th, 2011 at 9:10 am (UTC-5)
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Seven Republicans seeking to unseat U.S. President Barack Obama in the 2012 election will meet in their first major debate later Monday. The nationally televised forum on CNN will be held in New Hampshire, where the candidates already are campaigning, months ahead of the first voting contests early next year. According to a CNN/Opinion Research […]

Tags: , Posted in US