U.S. stock indexes advanced in midday trading Wednesday. The Dow Jones Industrial Average of 30 key stocks is up eight-tenths of one percent, while the broader S&P 500 is ahead nine-tenths of a percent. The technology-laden NASDAQ is up one-half of a percent. Stocks closed sharply higher in Europe. London’s Financial Times index ended up […]
US Stocks Advance in Midday Trading Wednesday
Posted August 31st, 2011 at 2:10 pm (UTC-5)
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Eastern US Still Recovering from Irene
Posted August 31st, 2011 at 12:45 pm (UTC-5)
Residents in the eastern United States are still recovering from Irene — a hurricane that weakened into a tropical storm — with communities cut off by flooding and some schools closed because of lost power. Emergency workers have begun airlifting food and water to thousands of residents stranded in the northeastern state of Vermont, after […]
European Union Expected to Lift Libya Oil Sanctions
Posted August 31st, 2011 at 11:45 am (UTC-5)
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 […]
Sudan Lodges Complaint Against South Sudan At UN
Posted August 30th, 2011 at 9:40 pm (UTC-5)
Sudan has submitted a complaint about South Sudan to the U.N. Security Council, accusing the south of sparking unrest in a border state. A spokesman for Sudan’s foreign ministry said Tuesday that the complaint accuses South Sudan of supporting rebels in Sudan’s Southern Kordofan state. Sudan’s government is battling ethnic Nuba fighters in the state, […]
Syrian Forces Kill 7 as Eid Festival Begins
Posted August 30th, 2011 at 8:50 pm (UTC-5)
Activists say Syrian troops have killed at least seven people — including a 13-year-old boy — emerging from mosques on the first day of the Muslim holiday marking the end of Ramadan. Tuesday’s bloodshed took place at the start of the Eid al-Fitr festival in southern Daraa province, the central city of Homs and the […]
US Authorities to Airlift Supplies to Flood-Hit Northeastern Communities
Posted August 30th, 2011 at 6:15 pm (UTC-5)
Authorities in the northeastern United States say they are preparing to airlift food and water to communities cut off by flooding from Hurricane Irene. Emergency workers in the state of Vermont said Tuesday they will use helicopters to provide supplies to residents of about a dozen towns in which homes were swept away or submerged […]
US Stocks Advance in Midday Trading Tuesday
Posted August 30th, 2011 at 12:25 pm (UTC-5)
U.S. stock market indexes advanced in midday trading Tuesday. The Dow Jones Industrial Average and the S&P 500 index are both ahead by more than a tenth of one percent, while the NASDAQ is up six-tenths of a percent. European stock markets closed mixed. London’s Financial Times 100 index gained 2.7 percent to end at […]
Libya’s Rebels Give 4-Day Ultimatum to Gadhafi Forces
Posted August 30th, 2011 at 10:55 am (UTC-5)
Libya’s opposition Transitional National Council has announced a four-day deadline for forces loyal to Moammar Gadhafi in his hometown of Sirte to surrender. TNC leader Mustafa Abdel Jalil said Tuesday in the rebel-stronghold of Benghazi that rebels will resort to military action in Sirte if they get no indication by Saturday of a peaceful end […]
Japanese Finance Minister Noda to be named PM
Posted August 29th, 2011 at 9:30 pm (UTC-5)
Former Japanese finance minister Yoshihiko Noda is expected to be named prime minister by the country’s parliament Tuesday. Emerging as the surprise winner in Monday’s ballot to determine the chief of Japan’s ruling Democratic Party, Noda will replace Naoto Kan, who resigned last week amid widespread criticism of his handling of the crisis caused by […]
Japanese Finance Minister Noda to be named PM
Posted August 29th, 2011 at 8:30 pm (UTC-5)
Former Japanese finance minister Yoshihiko Noda is expected to be named prime minister by the country’s parliament Tuesday. Emerging as the surprise winner in Monday’s ballot to determine the chief of Japan’s ruling Democratic Party, Noda will replace Naoto Kan, who resigned last week amid widespread criticism of his handling of the crisis caused by […]
