Showing Archived Posts

EU to Lift Libya Oil Sanctions: Diplomats

Posted August 31st, 2011 at 8:05 am (UTC-5)
Leave a comment

European Union diplomats say sanctions against several Libyan ports, oil companies and more than a dozen other entities could be lifted as soon as Friday. The EU’s 27 members reached a preliminary agreement Wednesday in an effort to help Libya’s National Transitional Council resume normal economic activity. Diplomats say they expect a final agreement on […]

Tags: , , Posted in Economy, Middle East

South Africa Bus Accident Kills 11

Posted August 31st, 2011 at 7:45 am (UTC-5)
Leave a comment

A passenger bus overturned late Tuesday on a road in South Africa’s Eastern Cape province, killing least 11 people. Officials say the accident happened after a tire blew out on the bus, causing the driver to lose control. Local media reports say dozens were injured in the accident, some severely. The crash comes after last […]

Tags: , , , Posted in Africa

Aquino Touts Philippines to Chinese Investors

Posted August 31st, 2011 at 7:45 am (UTC-5)
Leave a comment

Philippine President Benigno Aquino is seeking to boost Chinese investment in his country with a pledge that his government will operate in “a culture of transparency.” Mr. Aquino made the pledge Wednesday in Beijing before a group of Chinese business executives at the Philippines-China Economic and Trade Forum. He is leading a group of 300 […]

European Stocks Higher in Midday Trading

Posted August 31st, 2011 at 7:45 am (UTC-5)
Leave a comment

European stock prices are higher in midday trading Wednesday. London’s Financial Times index is up nearly 1 percent. The CAC 40 in Paris is trading up about 1.5 percent, and trading on the DAX index in Frankfurt is up more than 1.1 percent. In New York, the S&P futures contract is up 10 points, indicating […]

Tags: , , , Posted in Economy

Asia Markets Close Higher

Posted August 31st, 2011 at 6:50 am (UTC-5)
Leave a comment

Major Asian stock markets closed higher Wednesday. Tokyo’s Nikkei index gained just a fraction of one percent to finish at 8,955. Hong Kong’s Hang Seng index rose nearly one and three-quarters percent to finish the day’s trading at 20,535. Share prices were also higher in Bangkok, Manila, Seoul, Shanghai, Singapore, Sydney, Taipei and Wellington. The […]

Tags: , Posted in Economy

Syrian Activists Say Troops Raid Central City

Posted August 31st, 2011 at 6:40 am (UTC-5)
Leave a comment

Syrian rights activists and residents say government security forces and tanks have carried out fresh raids on houses in central Syria, searching for anti-government activists in an ongoing crackdown against dissent. The activists said the raids Wednesday included troops in the flashpoint city of Hama. The operations come a day after the United States announced […]

Tags: , , Posted in Middle East

Aquino Touts Philippine Business Environment to Chinese Investors

Posted August 31st, 2011 at 6:40 am (UTC-5)
Leave a comment

Philippine President Benigno Aquino is seeking to boost Chinese investment in his country with a pledge his government will operate in “a culture of transparency.” Mr. Aquino made the pledge Wednesday in Beijing before a group of Chinese business executives at the Philippines-China Economic and Trade Forum. He is leading a group of 300 Philippine […]

At Least Eight Dead, 20 Wounded in Chechnya Suicide Attacks

Posted August 31st, 2011 at 6:25 am (UTC-5)
Leave a comment

Russian officials say three suicide bombers have killed at least eight people in the Chechen capital Grozny. They say the first bomber blew himself up when police tried to arrest him in central Grozny. The other blasts followed soon after. At least four of those killed were policemen. At least 20 people were wounded. There […]

Tags: , , , Posted in Europe

Libyans Celebrate Eid as Anti-Gadhafi Forces Push for Loyalist Surrender

Posted August 31st, 2011 at 6:10 am (UTC-5)
Leave a comment

Thousands of Libyans have celebrated the end of the Muslim holy month of Ramadan in Tripoli’s main square, as the country’s provisional authorities push for forces loyal to Moammar Gadhafi in his hometown of Sirte to surrender. Anti-Gadhafi forces set up security around the square Wednesday, including gunmen on rooftops, as several thousand people gathered […]

Tags: , , Posted in Middle East

At Least Eight Dead, 20 Wounded in Chechnya Suicide Attacks

Posted August 31st, 2011 at 6:10 am (UTC-5)
Leave a comment

Russian officials say three suicide bombers have killed at least eight people in the Chechen capital Grozny. They say the first bomber blew himself up when police tried to arrest him in central Grozny. The other blasts followed soon after. At least four of those killed were policemen. At least 20 people were wounded. There […]

Tags: , Posted in Europe