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LATEST NEWS

LATEST NEWS

  • Commodity trader Mercuria expects to draw up a shortlist of investors to buy 10 to 20 percent of the firm in four to six weeks and hopes a sale will be concluded by the end of the year, Chief Executive Marco Dunand said on Tuesday.

     

  • At least nine people were killed and more than 50 wounded on Tuesday when a suicide bomber attacked an election rally for a party opposed to Pakistan's Taliban movement, police said.

     

  • Montenegro's opposition has called supporters into the streets to protest against President Filip Vujanovic's re-election and said it will take allegations of electoral fraud to the courts.

     

  • Libya's economy minister expects growth of 3 percent this year, driven by a resurgence in oil production achieved despite security so precarious that government departments like his must be protected by pickup trucks bristling with weapons.

     

  • An independent task force issued a damning review of Bush-era interrogation practices on Tuesday, saying the highest U.S. officials bore ultimate responsibility for the "indisputable" use of torture, and it urged President Barack Obama to close the Guantanamo detention camp by the end of 2014.

     

  • Canada's new Liberal leader, Justin Trudeau, would lead his party to a crushing election victory if a vote were held now, according to a poll released on Tuesday that put Liberal support substantially higher than other recent surveys have shown.

     

  • A bipartisan proposal to expand background checks for gun buyers appeared on Tuesday to be short of the 60 votes needed to clear the U.S. Senate, as supporters scrambled to save the centerpiece of President Barack Obama's effort to reduce gun violence.

     

  • A coffin bearing the body of former Prime Minister Margaret Thatcher was placed in a chapel in Britain's parliament before her funeral on Wednesday as a debate about the ceremony's scale and guest list deepened.

     

  • After 40 years with one of the biggest rock bands in the United States, Aerosmith frontman Steven Tyler and guitarist Joe Perry are finally being honored for their songwriting.

     

  • Panathinaikos Athens were fined 150,000 euros ($197,000) on Tuesday after club president Dimitris Giannakopoulos accused officials of showing bias towards Barcelona in a Euroleague game last week.

     

  • Former Ryder Cup stalwart Miguel Angel Jimenez will make his comeback from a broken leg at this week's Spanish Open, the national golf federation said on Tuesday.

     

  • Brent crude fell below $100 a barrel on Tuesday for the first time in nine months as continued concerns about the global economy weighed on the outlook for demand, while gold and U.S.stocks rebounded after the recent sell-off lured buyers into...

     

  • The Bank of Spain said on Tuesday it would open new proceedings to decide the fate of Santander's chief executive, who holds a criminal conviction, after the country passed a law last week that could help keep him in his post.

     

  • California's power grid operator on Tuesday called for businesses and residents in Silicon Valley immediately to start conserving electricity after a transmission substation was damaged.

     

  • U.S. stocks rose on Tuesday, bouncing back after their worst decline since early November, following solid earnings from Coca-Cola and Johnson & Johnson and inflation data that reinforced expectations that the Federal Reserve will keep its stimulus in place.

     

  • At least nine people were killed and more than 50 wounded on Tuesday when a suicide bomber attacked an election rally for a party opposed to Pakistan's Taliban movement, police said.

     

  • A judge on Tuesday signed off on a $602 million insider-trading settlement between a unit of SAC Capital Advisors and U.S. securities regulators, but he said final approval rests on the outcome of another high-profile case now on appeal.

     

  • A vote at the European Parliament saw a measure designed to cut carbon emissions in the bloc fail by a narrow margin.

     

  • American Airlines on Tuesday said its reservation system had an outage and it was working to get it running again.

     

  • A majority of Irish public sector workers rejected a new pay deal on Tuesday and warned the government against unilaterally cutting wages, giving it a headache as it seeks to exit an EU-IMF bailout later this year.

     

  • Even the most fierce gold bulls must be feeling sheepish after bullion tumbled helter-skelter to two-year lows in a couple of days, putting a question mark over how much space the metal should take in portfolios.

     

  • Accused Fort Hood gunman, Army psychiatrist Nidal Hasan, was due in court Tuesday for a hearing that could be key in determining whether he will face the death penalty for the murders of 13 people during a shooting rampage at the military post in November 2009.

     

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