Major U.S. stock indexes gained some ground in early trading Wednesday. The Dow Jones Industrial Average was up nearly one-quarter of one percent, the broader S&P 500 index gained nearly four tenths of a percent, and the NASDAQ was up three-quarters of a percent shortly after the New York markets opened. European stock prices also […]
US, Europe Stock Markets Gain in Wednesday Trade
Gunmen Kill 3 Pakistani Intelligence Officials
Suspected Taliban militants have killed three Pakistani intelligence officials in the country’s northwest. Pakistani police say the gunmen ambushed a vehicle carrying intelligence personnel on Wednesday, opening fire from various directions on a road in the Bannu district of Khyber-Pakhtunkhwa province. One other intelligence official was wounded. Bannu is close to Pakistan’s restive tribal region, […]
Pirates Hijack Ship With 23 Crew Off Benin
A piracy monitoring group says pirates have hijacked a ship with 23 crew members off the coast of West Africa. The International Maritime Bureau says the attack happened Wednesday about 60 kilometers southwest of Benin’s capital Contonou. The report says armed pirates boarded and seized control of a product tanker, took the crew members hostage, […]
Spain Reopens Rape Case Against Saudi Prince
Spain has reopened a probe into sexual assault allegations against a Saudi prince who is accused of raping a Spanish woman on a luxury yacht off the Mediterranean island of Ibiza. Prince Alwaleed bin Talal, who is one of the world’s richest people, is accused of raping a 20-year-old model in August 2008. In her […]
Human Error Suspected in India Train Crash
Indian railway officials say human error may be to blame for Tuesday’s collision between two passenger trains that killed nine people and injured nearly 100 others. Authorities are still investigating the cause of the accident, which occurred at a train station near the port city of Chennai in southern India. Southern Railway General Manager Deepak […]
Europe Scrambles to Contain Debt Problems
The leaders of Greece, France and Germany are holding a telephone conference Wednesday to discuss how to contain a debt crisis. Greece was the first country in the European Union to seek an international bailout, led by stronger European economies like Germany and France. There are now fears that the international aid, combined with austerity […]
German Prosecutors: Accused US Airmen Killer Debated Terrorism Before Shootings
German prosecutors have presented evidence that a Kosovo-born man charged with killing two U.S. airmen at Frankfurt Airport harbored anti-American feelings and previously discussed the use of terrorism on the Internet. Arid Uka is facing two counts of murder for the March 2 slayings of Senior Airman Nicholas Alden and Airman First Class Zachary Cuddeback. […]
Diplomatic Flurry Tries to Curtail Palestinian Recognition Bid
Diplomatic efforts continued on several fronts Wednesday in Israel and the Palestinian territories to convince Palestinian leaders to pull back from a plan to unilaterally seek recognition at the United Nations. Israel warned against the Palestinian move as American diplomats led a shuttle diplomacy effort between Jerusalem and Ramallah. Israeli Foreign Minister Avigdor Lieberman said […]
European Stocks Higher in Midday Trading
European stock prices are higher in midday trading Wednesday. London’s Financial Times index is up 1.6 percent. The CAC-40 in Paris is up two percent, and the DAX index in Frankfurt is up two and one-half percent. In New York, the S&P futures contract is up more than seven points, indicating a higher opening. Tokyo’s […]
Chile Rocked by Early Morning Earthquake
A magnitude 5.9 earthquake struck Chile early Wednesday . The earthquake was centered 35 kilometers north of Valparaiso, Chile and 119 kilometers northwest of Santiago, Chile. The U.S. Geological Survey said the earthquake occurred offshore, at a depth of 19 kilometers. The Chilean emergency office ONEMI said there were no early reports of damage. There […]