The Associated Press: Vietnam lowers gasoline prices
HANOI, Vietnam (AP) -- Vietnam lowered fuel prices by 8 percent Tuesday as world oil prices fell to 9 a barrel, the lowest price in nearly three years. Effective immediately, the price of gasoline and diesel was cut to 12,000 dong (70 cents) per liter, the government said on its Web site. The Ministry of Finance also increased the gasoline import tax to 35 percent from 25 percent. The government ...
The Associated Press: Congo rebels say pulled out of eastern town
KINSHASA, Congo (AP) -- Rebels in Congo say they have pulled out of a town on the Ugandan border they captured last week. Rebel spokesman Bertrand Bisimwa says rebels pulled out of Ishasha on Sunday. Bisimwa said Tuesday the rebels "wanted to show that we are for peace and our objective is not to take other areas." On Sunday, U.N. special envoy Olusegun Obasanjo berated rebel leader ...
AFP: Iraq's 'Chemical Ali' sentenced to death again
Iraq's 'Chemical Ali' sentenced to death again BAGHDAD (AFP) -- An Iraqi court sentenced Iraq's notorious "Chemical Ali" Hassan al-Majid to death over his role in Saddam Hussein's brutal crushing of a 1991 Shiite uprising, according to an AFP correspondent at the trial, his second death sentence. ...
The Associated Press: Nations prepare for cluster bomb accord
By MATT SIEGEL - 14 minutes ago, Ollie Pile, an operations manager with de-mining charity The Halo Trust in Georgia, explains the incoming trajectory of cluster ordinance, which were used in fighting in the conflict between Russia and Georgia in the Georgian village of Akhaldaba in this Friday, Oct. 31, 2008, photo. (AP Photo/Shakh Aivazov) PKHEVISI, Georgia (AP) -- When August's fighting ...
The Press Association: O'Driscoll: We must improve
Brian O'Driscoll admits Ireland should be disappointed by their World Cup record but hopes 2011 will be different. The Irish cause in New Zealand in three years has been helped by a kind group draw that saw them matched with Australia, Italy and the second best qualifiers from Europe and the Americas. In three World Cups O'Driscoll has appeared in just one quarter-final is eager for ...
The Associated Press: Canada hauls US to WTO over beef pork rules
By BRADLEY S. KLAPPER - 7 minutes ago, GENEVA (AP) -- Canada filed a complaint with the World Trade Organization on Tuesday over a new U.S. law that requires retailers to provide country-of-origin labeling for fresh beef and pork, officials said. The Canadian government said it was concerned the U.S. rules were discriminating against Canadian agricultural exporters, who have lobbied hard for a ...
The Associated Press: 11 girls die of poisoning at school in north China
BEIJING (AP) -- Eleven girls died of carbon monoxide poisoning at a school in northern China's Shaanxi province, an education official said Tuesday evening. A news report said the girls had lit a fire to keep warm. A dozen girls were found poisoned Tuesday morning at the Duiziliang Middle School in Yulin city, said an official with the Yulin Education Bureau, who gave her family name as ...
By Matthew Newman and Sandrine Rastello, EU Said to Be Reviewing Guidance on Bank-Rescue Plans (Update1) Germany, France, the Netherlands and Sweden "disagree with the European Commission's behavior and speed" on government aid to banks and "the question of adequate pricing for recapitalization and state guarantees," German Finance Minister Peer Steinbrueck told ...
By Gavin Finch and Wes Goodman, o Stocks in Europe, Asia Drop, Led by Deutsche Bank; U.S. Index Futures Rise U.S. Treasuries Rise, Yields Near Record Lows, Amid Stocks Rout Dec. 2 (Bloomberg) -- Treasuries rallied for a fifth day, sending yields to near record lows, as stocks extended a global rout on mounting evidence the U.S. entered the most severe economic recession since World War II. The ...
Hitachi to enter memory-based drive business with Intel | Technology | Reuters
TOKYO (Reuters) - Japanese electronics conglomerate Hitachi Ltd said it and U.S. chipmaker Intel Corp would jointly develop solid state drive (SSD) memory devices, which are seen as a promising alternative to hard disk drives. The move marks a strategic shift for Hitachi, the world's third-largest hard drive maker, which until now has not made a commitment to SSD technology. SSDs are ...
The Press Association: Bank planning to axe 650 employees
Credit Suisse, which has an office in London, is to cut about 650 UK jobs, the investment bank has confirmed. The cut represents about 10% of the company's UK workforce and comes as a further blow to the financial sector. Founded in 1856, Credit Suisse is Switzerland's second-largest bank and employs more than 48,500 people in over 50 countries across the globe. ...
The Press Association: Kenyon: No pressure on Scolari
Chelsea chief executive Peter Kenyon has given Luiz Felipe Scolari a massive vote of confidence by insisting he will not be axed if he fails to deliver any silverware this season. Kenyon is happy with Scolari's performance as coach even though the Blues have now dropped 12 points at home, been dumped out of the Carling Cup by Burnley and need to beat CFR Cluj at Stamford Bridge to qualify ...
The Press Association: Kenyon: Drogba going nowhere
Chelsea chief executive Peter Kenyon admits he has no idea whether Didier Drogba met with Inter Milan but insists the Ivory Coast striker is going nowhere. Kenyon insisted Drogba would only leave when Chelsea felt it was right for the club. "I'm not at all concerned," said Kenyon. "I don't know whether a meeting went on or not, but I'm not concerned. Didier has a ...
The Press Association: Catterick forced to check
Wednesday's National Hunt meeting at Catterick is subject to a 7.45am inspection due to the threat of frost. Wintry conditions over the last couple of days are expected to continue so clerk of the course Fiona Needham will take a look. "It is obviously very cold and we have a light covering of snow but the frost is not that bad," said Needham. "It got to minus two briefly and ...
Surfing accident sidelines Aussie Scott - CNN.com
(CNN) -- Top Australian golfer Adam Scott will miss his country's PGA Championship after injuring his knee in a surfing accident. Six-time PGA Tour winner Scott was set to be one of the star attractions at Coolum in Queensland this week, but was forced to withdraw after damaging his right kneecap. His manager said scans will be conducted, but that Scott, a longtime surfer, is still hopeful ...
Alcatel-Lucent Gets $230 Mln Contract From China Telecom - FOXBusiness.com
TEL AVIV -- Alcatel-Lucent, the Paris telecom-equipment producer, said on Tuesday that its Chinese affiliate, Alcatel Shanghai Bell, secured a 30 million contract to increase the capacity and coverage of China Telecom's CDMA-technology mobile voice and data network in China. ...