| Shannon's mother in the dock over kidnap( 2008-11-13 06:31) | | LONDON (AFP) – Karen Matthews, the woman accused of kidnapping her own daughter Shannon in order to claim a reward, showed little emotion when the nine-year-old was found, a court heard Thursday. Shannon's disappearance in February sparked a 24-... |
| European markets mixed ahead of Wall Street open(By PAN PYLAS, AP Business Writer Pan Pylas, Ap Business Writer 2008-11-13 06:31) | | LONDON – Europe's stock markets were mixed Thursday ahead of an expected muted open on Wall Street, as downbeat U.S. corporate news kept investors wary of buying heavily sold-off shares. The FTSE 100 index of leading British shares was down 42.46 po... |
| Diageo in collaboration talks with United Spirits( 2008-11-13 06:31) | | LONDON – Diageo PLC, the world's largest alcoholic drinks company, said Thursday it is considering a possible collaboration with India's United Spirits Ltd. "Diageo can confirm that it is reviewing a possible collaboration with United Spirits," Ceci... |
| China agrees to loosen controls on news providers( 2008-11-13 06:31) | | GENEVA – The United States, European Union and Canada have reached an out-of-court settlement with China in a dispute over restrictions placed on foreign financial information providers. U.S. Trade Representative Susan Schwab says companies such as... |
| Russia: Man sentenced for Central Banker's murder( 2008-11-13 06:31) | | MOSCOW – A Russian court has sentenced a man to 19 years in prison for organizing the murder of a top Central Bank regulator. Former VIP Bank chairman Alexei Frenkel has denied involvement in the September 2006 shooting death of Central Bank officia... |
| AstraZeneca receives approval for bipolar drug( 2008-11-13 06:31) | | LONDON – Pharmaceutical company AstraZeneca PLC said Thursday European regulators have approved a new version of its bipolar disorder drug Seroquel. The drug company said a once-daily formulation, Seroquel XR, has been approved by the European Mutua... |
| Poland's PGNiG energy company posts lower profits( 2008-11-13 06:31) | | WARSAW, Poland – Poland's state-owned gas and oil company, PGNiG, said Thursday that its third-quarter profit declined sharply, largely because of the rising cost of gas it imports from Russia. PGNiG, or Polskie Gornictwo Naftowe i Gazownictwo SA, s... |
| Irish inflation falls to 2-year low(By SHAWN POGATCHNIK, Associated Press Writer Shawn Pogatchnik, Associated Press Writer 2008-11-13 06:13) | | DUBLIN, Ireland – Inflation in Ireland has fallen to a two-year low of 4.0 percent as falling demand during the country's economic downturn drives down the prices of many goods, the government Central Statistics Office reported Thursday. The fall fr... |
| BT axes 10,000 jobs as recession looms in Britain(by Roland Jackson Roland Jackson 2008-11-13 05:07) | | LONDON (AFP) – British telecoms operator BT Group said Thursday it would cut 10,000 jobs by March 2009 despite soaring profits, becoming the latest company to wield the axe as recession looms in Britain. Thousands of British jobs had already been sl... |
| Austrian incest father Fritzl charged with murder( 2008-11-13 05:07) | | VIENNA, Austria – Austrian prosecutors say the man accused of imprisoning his daughter for 24 years and fathering her seven children has been charged with murder. The state attorney's office says it has charged suspect Josef Fritzl with homicide bec... |
| Germany to return 18 Aborigine skulls to Australia(By PATRICK McGROARTY, Associated Press Writer Patrick Mcgroarty, Associated Press Writer 2008-11-13 05:07) | | BERLIN – A German medical museum will return the skulls of 18 Australian Aborigines that were taken from the continent more than a century ago. The skulls — part of a sprawling and poorly documented anthropological collection — have been a... |
| British PM holds talks with Afghanistan's Karzai( 2008-11-13 04:34) | | LONDON (AFP) – British Prime Minister Gordon Brown held talks Thursday with Afghan President Hamid Karzai, whose government is calling for more foreign troops to help quell a deadly Taliban insurgency. The two men met as two more British soldiers we... |
| LSE 1H profit up but cancels share buyback(By JANE WARDELL, AP Business Writer Jane Wardell, Ap Business Writer 2008-11-13 04:34) | | LONDON – Shares in the London Stock Exchange Group PLC dropped 12 percent on Thursday despite the bourse reporting a 19 percent rise in half-year net profit as it also halted its 500 million pound ($746 million) share buyback program. The LSE warned... |
| Post Office contract 'to save thousands of branches'( 2008-11-13 04:34) | | LONDON (AFP) – The government is expected to announce later on Thursday that the Post Office will retain its one billion pound contract to distribute benefits, a decision that could save thousands of branches from closure. The five-year contract for... |
| U.S. slams Russian missile threats( 2008-11-13 04:34) | | TALLINN (Reuters) – The United States views Russian threats to place tactical missiles in the Baltic enclave of Kaliningrad as provocative and misguided, U.S. Defense Secretary Robert Gates said on Thursday. Gates, speaking after a NATO meeting with... |
| Pound tumbles to 6-1/2 year low below $1.50(By PAN PYLAS, AP Business Writer Pan Pylas, Ap Business Writer 2008-11-13 04:34) | | LONDON – The pound fell to a six and a half year low against the dollar Thursday amid mounting fears about the length and depth of the British recession and market talk that the Bank of England could cut interest rates to as low as 1 percent over th... |
| Repsol 3Q profits rise on higher petroleum prices( 2008-11-13 04:34) | | MADRID, Spain – Spanish-Argentine oil giant Repsol YPF reported a 13 percent increase in third-quarter net profit on Thursday, citing higher petroleum prices and strong performances in its core businesses. Repsol YPF said its net profit for the thre... |
| Siemens posts 2.4 billion euro loss in 4th quarter(By GEORGE FREY, AP Business Writer George Frey, Ap Business Writer 2008-11-13 04:34) | | FRANKFURT, Germany – Industrial conglomerate Siemens AG on Thursday reported a net loss of 2.4 billion euros ($3 billion) for its fiscal fourth quarter, weighed down by large one-time charges that included money set aside for costs related to a brib... |
| Zurich Financial 3Q profits plummet 90 percent( 2008-11-13 02:53) | | ZURICH, Switzerland – Swiss insurer Zurich Financial Services AG on Thursday reported a 90 percent drop in profit for the third quarter following write-downs of $1.1 billion due to the financial crisis and a costly hurricane season. Net income attri... |
| Two British soldiers killed in Afghanistan: ministry( 2008-11-13 02:53) | | LONDON (AFP) – Two British soldiers have been killed in an explosion in Afghanistan's restive southern Helmand province, the Ministry of Defence said Thursday. The Royal Marines were taking part in a routine joint patrol Wednesday with Afghan se... |
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