BREAKING NEWS

2009-10-16

Business

Markets: 16th October

European shares finished down 1.5 percent after having earlier hit a one-year high thanks to better than expected earnings from IBM and Google

European shares finished down 1.5 percent after having earlier hit a one-year high thanks to better than expected earnings from IBM and Google

Business

Bank of America losses a billion

Bank of America has posted a quarterly loss for the second time in less than a year. This time it was one billion dollars (672 million euros)

Bank of America has posted a quarterly loss for the second time in less than a year. This time it was one billion dollars (672 million euros)

Business

Mattel's sales decline

Tough times continue in the toy world. Mattel, the world’s biggest toymaker,said its latest quarterly profit declined as recession hit consumers

Tough times continue in the toy world. Mattel, the world’s biggest toymaker,said its latest quarterly profit declined as recession hit consumers

Business

Pfizer completes Wyeth takeover

Pfizer has completed its takeover of rival Wyeth making the world’s largest drugmaker even bigger. US and Canadian competition regulators cleared

Pfizer has completed its takeover of rival Wyeth making the world’s largest drugmaker even bigger. US and Canadian competition regulators cleared

Business

Sony Ericsson losses not as bad as feared

Mobile phone maker Sony Ericsson has posted a smaller than expected quarterly loss thanks to big cost cuts. But the joint venture between Sweden’s

Mobile phone maker Sony Ericsson has posted a smaller than expected quarterly loss thanks to big cost cuts. But the joint venture between Sweden’s

Business

VW to sell new shares

Volkswagen is to seek between eight and 10 billion euros from its investors through the sale of new preferred shares. Europe’s biggest carmaker

Volkswagen is to seek between eight and 10 billion euros from its investors through the sale of new preferred shares. Europe’s biggest carmaker

News

Billions needed to feed the world's starving

A combination of food shortages and the global economic downturn has pushed more than one billion people into hunger according to the UN. The Food

A combination of food shortages and the global economic downturn has pushed more than one billion people into hunger according to the UN. The Food

News

Nefertiti's new Berlin home open to the public

Berlin’s bomb damaged Neues Museum has opened its doors after a 212 million euro refit. German Chancellor Angela Merkel cut the ribbon in an

Berlin’s bomb damaged Neues Museum has opened its doors after a 212 million euro refit. German Chancellor Angela Merkel cut the ribbon in an

News

Tsvangiral boycotts "unity government"

Zimbabwe’s MDC Prime Minister Morgan Tsvangirai says his party is to boycott the country’s troubled unity government, citing the “persecution” of

Zimbabwe’s MDC Prime Minister Morgan Tsvangirai says his party is to boycott the country’s troubled unity government, citing the “persecution” of

News

2 weeks of Kazakh wargames end with a bang

Russia and four former Soviet republics have been shooting up the Kazakh steppe to showcase a new rapid reaction force. The leaders of Russia

Russia and four former Soviet republics have been shooting up the Kazakh steppe to showcase a new rapid reaction force. The leaders of Russia

News

Wilders sees visit as victory for freedom of speech

Dutch MP Geert Wilders has arrived in Britain and described his visit to the country as a victory for free speech. Wilders, whose film “Fitna,”

Dutch MP Geert Wilders has arrived in Britain and described his visit to the country as a victory for free speech. Wilders, whose film “Fitna,”

News

Ground offensive "imminent" says Islamabad

Another Pakistani police station has been attacked, this time in the northwestern provincial capital of Peshawar. It is close to the mountainous

Another Pakistani police station has been attacked, this time in the northwestern provincial capital of Peshawar. It is close to the mountainous

News

UN backs alleged Israeli-Hamas war crimes probe

The United Nations Human Rights Council has voted to endorse a report into Israel’s recent assault on the Hamas run Gaza Strip. Judge Richard

The United Nations Human Rights Council has voted to endorse a report into Israel’s recent assault on the Hamas run Gaza Strip. Judge Richard

News

UN asks for $44 billion to fight global hunger

Each year, we spend $1348 billion on arms, while famine destroys the life of more than a billion people. That’s a fact Jacques Diouf of the United

Each year, we spend $1348 billion on arms, while famine destroys the life of more than a billion people. That’s a fact Jacques Diouf of the United

News

French farmers stage nationwide protests

All over France thousands of farmers have been staging protests against the plummeting price of their produce. Tractors blocked main routes into

All over France thousands of farmers have been staging protests against the plummeting price of their produce. Tractors blocked main routes into

Europe

Blair faces a battle in his bid for EU presidency

Tony Blair’s bid to become the president of a post-Lisbon Treaty European Council has run into choppy waters. The former British prime minister is

Tony Blair’s bid to become the president of a post-Lisbon Treaty European Council has run into choppy waters. The former British prime minister is

News

Lukoil looks to the future

Russia’s largest private oil producer Lukoil is working on expanding its presence in Western Europe, recently buying major stakes in oil refineries

Russia’s largest private oil producer Lukoil is working on expanding its presence in Western Europe, recently buying major stakes in oil refineries

Europe

Cash but no quota cut for struggling milk farmers

European dairy farmers will be offered a 300 million euro aid package to help them through a crisis caused by low prices. A series of strikes and

European dairy farmers will be offered a 300 million euro aid package to help them through a crisis caused by low prices. A series of strikes and

Europe

Fish quotas set for cut as cod stocks suffer

Cod fishermen have been battered by some more bad news by the European Commission as it looks to fixing quotas for next year. The amount of cod

Cod fishermen have been battered by some more bad news by the European Commission as it looks to fixing quotas for next year. The amount of cod

Culture

Fantastic Mr Fox London premiere

Fantastic Mr Fox, as everyone knows by now, is an animated film version of Roald Dahl’s classic children’s book about a fox and farmer in conflict

Fantastic Mr Fox, as everyone knows by now, is an animated film version of Roald Dahl’s classic children’s book about a fox and farmer in conflict

News

'Racing to the FIA Presidency'

24.10.09: Jean Todt was elected new President of the International Automobile Federation on October 23. ——- The new President of the

24.10.09: Jean Todt was elected new President of the International Automobile Federation on October 23. ——- The new President of the

Culture

Angrajazz grooves on

Angrajazz, the international jazz festival which is held annually in the Azores, this year welcomed Charles Lloyd into the spotlight. Lyoyd was born

Angrajazz, the international jazz festival which is held annually in the Azores, this year welcomed Charles Lloyd into the spotlight. Lyoyd was born

Europe

EU is seeking for Council President

After the Irish ‘Yes’ on the Lisbon Treaty, the European Union is creeping closer to having a stable Council President. Former British prime minister

After the Irish ‘Yes’ on the Lisbon Treaty, the European Union is creeping closer to having a stable Council President. Former British prime minister

News

Run-off vote 'likely' says Afghan ambassador

A run-off vote to settle Afghanistan’s disputed election result is now “likely” according to the country’s ambassador to the United States

A run-off vote to settle Afghanistan’s disputed election result is now “likely” according to the country’s ambassador to the United States

News

Catalonia raises the price of fun

The flights had better stay cheap to one of Europe’s favourite weekend break destinations Barcelona, as Catalonia has banned happy hours and any

The flights had better stay cheap to one of Europe’s favourite weekend break destinations Barcelona, as Catalonia has banned happy hours and any

News

Palestinians win UN Human Rights vote

Richard Goldstone’s potentially explosive human rights report for the UN on Israel and the Palestinians has been adopted by the UN’s Human Rights

Richard Goldstone’s potentially explosive human rights report for the UN on Israel and the Palestinians has been adopted by the UN’s Human Rights

News

Global hunger getting worse says UN

More than a billion people – a sixth of the world’s population – are undernourished and global hunger is getting worse. The UN food agency is

More than a billion people – a sixth of the world’s population – are undernourished and global hunger is getting worse. The UN food agency is

News

French farmers take to the streets over falling prices

French farmers today blocked the Champs Elysees in Paris with barricades of burning tyres, hay and wooden pallets. They are demanding government

French farmers today blocked the Champs Elysees in Paris with barricades of burning tyres, hay and wooden pallets. They are demanding government

News

Pakistani police hold frontline as army prepares

The Pakistani police have again come under fire today after yesterday’s deadly wave of attacks. At least 11 people have been killed in Peshawar in

The Pakistani police have again come under fire today after yesterday’s deadly wave of attacks. At least 11 people have been killed in Peshawar in