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Source Match International News

UK agency fines Goldman Sachs $27 million (AP)

AP - Britain's financial regulator hit Goldman Sachs International with a 17.5 million pounds ($27 million) fine on Thursday for failing to notify U.K. authorities about an investigation in the United States.

Car explodes near Russian market; 5 dead (AP)

AP - A car exploded Thursday near the central market of a major city in Russia's restive North Caucasus region, killing at least five people and wounding 20, officials said.

US fighting a losing war in Afghanistan: Mullah Omar (AFP)

File photo shows a pro-Taliban supporter standing in front of a graffiti reading AFP - The leader of the Taliban said the West is losing the war in Afghanistan and called on Afghans to repel the "invading infidels" as experts urged the US to scale back troops and goals.


Blast in southern Russia kills at least 4: reports (Reuters)

Reuters - A large blast hit near a market in the city of Vladikavkaz in Russia's restive North Caucasus on Thursday, killing at least four people, Russian news agencies reported.

A Fashion Week Model's Secret: Sensible Shoes (Time.com)

Time.com - On the eve of Mercedes-Benz Fashion Week, the hottest event on New YorkCity's couture calendar, TIME takes a look inside the grueling auditionprocess for hundreds of high-fashion hopefuls

China's Great (Quantum) Leap Forward (Time.com)

Time.com - While China has been showing off its new hardware, a potentially more important military advancement has gone largely unnoticed -- a major breakthrough in quantum teleportation

Australian mine tax uncertainty to last into 2011 (Reuters)

Reuters - Uncertainty over the shape of Australia's controversial mining tax is likely to last well into 2011 after national elections which returned the country's first minority government since World War Two.

Dynasty speculation on North Korea founding day (AP)

A tourist looks at a poster of North Korean leader Kim Jong Il, painted by North Korean defector Sun Moo, at the Korea War Memorial Museum in Seoul, South Korea, Tuesday, Sept. 7, 2010. North Korea requested a shipment of rice, cement and heavy equipment days after South Korea offered relief aid to its communist neighbor to help it recover from recent flooding, the Unification Ministry said Tuesday. (AP Photo/ Lee Jin-man)AP - North Korea celebrated its 62nd anniversary Thursday with odes to supreme leader Kim Jong Il and pilgrimages to his late father's statue amid hints that a political meeting believed aimed at promoting his son as successor is imminent.


Fidel latest to say Cuba's communism doesn't work (AP)

FILE - An Aug. 23, 2010 file photo provided by the state media Cubadebate web site shows Fidel Castro at a meeting with scientists in Havana, Cuba,  Castro told a visiting American journalist that Cuba's communist economic model doesn't work. (AP Photo/Cubadebate/file)AP - Cuba's communist economic model has come in for criticism from an unlikely source: Fidel Castro.


India car sales hit all-time high in August (AP)

AP - Car sales in India surged to a record for a second straight month in August on strong demand before the holiday season, despite rising prices and supply constraints.

Bank of Korea keeps interest rate near record low (AP)

Kim Choong-soo, governor of the Bank of Korea, bangs the gavel to preside over a meeting to decide a benchmark call rate at its headquarters in Seoul, South Korea, Thursday, Sept. 9, 2010.  South Korea's central bank left its key interest rate near a record low Thursday for a second straight month amid a weakening outlook for the global economy.(AP Photo/Ahn Young-joon)AP - South Korea's central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy.


Regret, apology not part of BP's oil spill report (AP)

A British Petroleum (BP) logo is seen  at a petrol station in south London April 27, 2010. BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs. REUTERS/Toby Melville/FilesAP - BP's long-awaited internal report on what it believes went wrong when a rig exploded and started the massive Gulf oil spill never mentions the words blame, regret, apology, mistake or pollution. The word fault shows up 20 times, but only once in the same sentence as the company's name.


4th US missile in 24 hrs in Pakistan kills 5 (AP)

File photo of a US Predator unmanned drone armed with a missile on the tarmac of Kandahar military airport. A US missile strike on a militant compound in Pakistan's tribal district on the Afghan border killed 10 rebels on Wednesday, local security officials said.(AFP/File/Massoud Hossaini)AP - A suspected American missile strike killed five alleged militants in northwestern Pakistan early Thursday, an intelligence official said, the fourth such attack in 24 hours.


Asia stocks rise, yen steady but outlook unclear (Reuters)

People are reflected in a stock index board outside a brokerage in Tokyo August 31, 2010. REUTERS/Kim Kyung-HoonReuters - Asian stocks edged up and the yen held below a 15-year high on Thursday, after a small rally on Wall Street driven by successful European bond auctions gave investors an excuse to lighten up on their bets.


Bahrain calls Quran burning plans 'shameful' (AP)

AP - Bahrain says plans by a Florida church to burn copies of the Quran are a shameful attack on efforts for dialogue between faiths.

U.S. slips in WEF's competitiveness rankings (Reuters)

Attendees are reflected behind a logo at the congress centre of the Alpine resort of Davos, the venue of the World Economic Forum (WEF), January 31, 2010. REUTERS/Christian HartmannReuters - Switzerland remains the world's most competitive economy, while the United States has fallen from second to fourth after losing the top spot last year, according to the World Economic Forum's annual rankings issued on Thursday.


3rd Mexican mayor in month slain by hit men (AP)

Secretary of State Hillary Clinton speaks at the Council on Foreign Relations September 8, 2010 in Washington, DC. Clinton said Wednesday that violent Mexican drug cartels were starting to look like an insurgency, in a charge rapidly rejected by Mexico.(AFP/Getty Images/File/Mark Wilson)AP - The third Mexican mayor in a month was slain by suspected drug gang hitmen on the same day the U.S. secretary of state raised hackles in Mexico by saying the country is "looking more and more like Colombia looked 20 years ago."


Goldman Sachs fined $30.9 million in UK: report (Reuters)

Traders work in the Goldman Sachs stall on the floor of the New York Stock Exchange July 16, 2010. REUTERS/Brendan McDermidReuters - Goldman Sachs has been fined 20 million pounds ($30.9 million) by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.


Australia regulator blocks NAB's $12 billion AXA unit bid (Reuters)

The AXA Asia Pacific logo sign is seen on a signboard at its headquarters in Melbourne September 9, 2010. Australia's competition regulator has blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dealing a blow to NAB's efforts to cement its dominance in the world's fourth-largest wealth management market. REUTERS/Mick TsikasReuters - Australia's competition regulator blocked National Australia Bank's $12 billion bid for AXA Asia Pacific for a second time, dashing NAB's efforts to cement its dominance in the world's fourth-largest wealth management market.


Obama firm, won't yield on tax hike for wealthiest (AP)

President Barack Obama delivers remarks on the economy, Wednesday, Sept. 8, 2010, at the Cuyahoga Community College West Campus in Parma, Ohio.  (AP Photo/Pablo Martinez Monsivais)AP - Politically weakened but refusing to bend, President Barack Obama insisted Wednesday that Bush-era tax cuts be cut off for the wealthiest Americans, joining battle with Republicans — and some fellow Democrats — just two months before bruising midterm elections.


Senegal prostitutes look forward to Ramadan's end (AP)

In this photo taken in the early morning hours of Tuesday, Sept. 7, 2010, a young woman loiters on a roadside area known for prostitution, outside a hotel bar in Dakar, Senegal. Ramadan is bad news for sex workers on the streets of Senegal, because observant Muslims wishing to purify their soul and purge sin, do not eat or smoke during the day and during the holy month can only have sex at night with their spouses. Prostitution is legal in Senegal where about 94 percent of the population is Muslim. (AP Photo/Rebecca Blackwell)AP - Wearing white to symbolize purity, worshippers throughout this African capital gathered to pray on one of the final nights of Ramadan. To purify the soul and purge sin, they hadn't eaten all day and refrained from drinking, smoking and having sex — which during the holy month is only allowed among spouses at night.


Economists cut U.S. growth forecast again (Reuters)

Reuters - Projected U.S. economic growth for the rest of this year and next was revised down for a third month in a row by a panel of about 50 economists.

FDIC's Bair warns of government "exposure" in mortgages (Reuters)

Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.

Chavez: Foes sabotaging Venezuela's power grid (AP)

AP - President Hugo Chavez accused his political adversaries Wednesday of sabotaging Venezuela's electricity grid as part of a campaign to chip away at his popularity before legislative elections in two weeks.

Clinton: Florida church's planned Koran burning doesn't reflect U.S. (McClatchy Newspapers)

McClatchy Newspapers - WASHINGTON — With concerns growing about hostile or even violent international reaction to a Florida pastor's plans to burn the Koran on Saturday, the Obama administration is stepping up its efforts to mitigate the damage.

Spartech posts fiscal 3Q loss, misses expectations (AP)

AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected.

Obama seeks to mend frayed bond with voters (AFP)

House Minority Leader John Boehner, pictured in May 2010, used a recent visit to Cleveland, Ohio to demand the president sack his top economic aides.(AFP/Getty Images/File/Chip Somodevilla)AFP - US President Barack Obama Wednesday admitted some of his policies were unpopular and had not revived the economy quickly enough, but sought to rekindle his frayed bond with American voters.


Coffee hits 13-year high; retail prices also up (AP)

AP - Coffee prices hit a 13-year high Wednesday, extending a rally that has sent prices up about 43 percent in the past three months.

Bankers urge government to pull plug on Fannie, Freddie (Reuters)

Reuters - The federal government should take mortgage finance giants Fannie Mae and Freddie Mac off life support sooner rather than later, the Mortgage Bankers Association urged on Wednesday.

Conservatives see poll lead evaporate (Reuters)

Reuters - The Conservative government has seen its lead over the main opposition Liberals evaporate in public opinion polls following recent controversies and the two parties are now running neck and neck, though an election is not seen in the near term.

FTSE 100 closes higher (AFP)

London shares closed higher on Wednesday after a boost from a successful Portuguese debt auction, although many financial stocks remained weak.(AFP/File/Carl de Souza)AFP - London shares closed higher on Wednesday after a boost from a successful Portuguese debt auction, although many financial stocks remained weak.


Trapped miners in Chile: families camp out above ground – awaiting loved ones' rescue (The Christian Science Monitor)

The Christian Science Monitor - Family members and the government are trying to keep optimistic about the rescue of 33 Chilean miners trapped in the San Jose mine a month ago.

Banging a Drum for the MDG Summit (OneWorld.net)

OneWorld.net - NEW YORK, Sep 7 (IRIN) - Activists are pulling out all the stops ahead of a development summit at UN headquarters on 20-22 September. Pro-aid and anti-poverty lobbyists are trying everything from giant letters to banging pans to raise awareness of the high-level event.

The Treasury's New Research Office (BusinessWeek)

BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
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