US Suspends Delivery Of F-16 Fighter Jets To Egypt’s Military As Part Of Defense Aid
The decision to halt a military-aid package of fighter jets steps up U.S. pressure on Egypt’s military to restore democracy and order.
Ford To Hire A Total Of 3,000 Engineers, Software Workers This Year, Most Of Them In Michigan
Most of the new jobs will be in Michigan and 80 percent of the new employees will be engineers and information technology specialists.
Fire Breaks Out On Natural Gas Drilling Rig In Gulf Of Mexico; No Injuries, Casualties Reported So Far
Fire erupted on a portable natural gas rig in the Gulf of Mexico, on Tuesday, causing fuel to leak and forcing workers to evacuate.
Bo Xilai, Disgraced Former Chinese Communist Party Official, Could Face Trial Soon, Says Hong Kong Newspaper
Disgraced former politician of the Chinese Communist Party, Bo Xilai, could face a criminal trial instead of a party reprimand.
Egypt Violence Kills At Least 9, Injures 86; Ousted President Mohamed Morsi’s Family Threatens Legal Action Against Military Chief
Amid continuing clashes in Egypt, ousted President Mohamed Morsi’s family has threatened to file a case against the military chief at The Hague.
Euro Zone Debt Continues To Rise Despite Austerity Measures Such As Cost-Cutting, Tax Hikes
The debt burden for the euro zone hit record levels even as austerity measures ensure unemployment levels remain high.
India Could Set Preconditions For Investment Treaty With US During Vice President Joe Biden’s Visit, While US Businesses Cry Foul Over India’s Policies
India, where Vice President Biden is on a visit, could insist that its judiciary have the final say in disputes involving American businesses.
China Earthquake Update: Earthquake In Gansu province Kills 75, Injures 400
A magnitude-6.6 earthquake jolted China's Gansu province, on Monday morning, killing at least 75 people and injuring more than 400.
US Vice President Joe Biden Due To Begin India Visit For Talks On Trade, Nuclear Deal, Security
Biden’s visit will focus on bilateral trade and a civil nuclear power deal, as well as intellectual property rights and regional security.
WTO Set To Begin Hearing This Week On Poultry Import Dispute Between US, India
U.S. wants India to lift a ban on poultry imports saying the latter’s concerns over avian flu are unfounded.
Fukushima Nuclear Plant Workers Face Increased Thyroid Cancer Risk, Tepco Says
About 2,000 Fukushima nuclear plant workers who conducted the cleanup after the 2011 disaster are facing a risk of thyroid cancer, Tepco says.
Former CIA, NSA Chief, Michael Hayden, Accuses Huawei Of Spying For China; Huawei Denies Claim
Michael Hayden says the Chinese telecom major engages in espionage on behalf of the Chinese state and is a national security threat to the U.S.
India’s Prime Minister Manmohan Singh Says 6.5 Percent Growth Target Looks Unachievable; Deutsche Bank Cuts India’s GDP Growth Forecast To 5 Percent
India cannot meet its GDP growth target of 6.5 percent, Manmohan Singh said, even as Deutsche Bank joined other banks in slashing outlook.
US Intelligence Community Revamping Access To Classified Data To Prevent Future Snowden-Like Incidents
Shaken up by the Snowden saga, the Pentagon is becoming more protective of sensitive data.
Metro-North Train Service On A Portion Of Hudson Line Suspended After Freight Train Derails In Bronx, New York
Service on the Metro-North Railroad’s Hudson line is unlikely to be restored before Friday morning rush hour.
Macquarie Cuts India’s GDP Growth Forecast While Brokerages Cast Doubts On India’s Banks
Rupee and reform worries prompt forecast change while foreign brokerages shy away from Indian banks.
Panama Charges North Korean Ship's Crew with Endangering Public Safety After Pyongyang Demands The Ship’s Release
Escalating a row over a North Korean ship said to carry weapons, Panama has charged its crew for jeopardizing public security.
ArcelorMittal Cancels Steel Project In India After Running Into Difficulties Over Land Purchase, Iron Ore Linkages
Despite the Indian government’s attempts to boost foreign investment, companies disillusioned by ground realities are pulling out.
Student Loans Could Be Cheaper This Fall; Democrat, Republican Senators Agree To Link Student Loan Interest Rates To Market Rates In Future Years
Senators agree to cut interest rates on loans for undergraduates this fall, but student loans could be linked to market rates in future.
Barclays Ordered To Pay Record Fine Of $487.9 Million By US Regulator In Energy Market Manipulation Case
Barclays penalized after U.S. FERC found the British bank, between 2006 and 2008, manipulated energy markets to aid its trading positions.
India Clears 100 Percent Foreign Direct Investment, or FDI, In Telecom Services; Relaxes FDI Rules Across Several Other Sectors
In a new gesture aimed at boosting India's sagging economy and image, its government approved greater participation by foreign investors.
China Mulling Vehicle Purchase Restrictions In Eight More Cities To Curb Air Pollution
China is planning to expand restrictions on vehicle purchases to eight more cities, but automakers say it won’t affect national sales numbers.
Number Of UK Bankers Who Earned Above 1M Euros Exceeds Those In Rest Of EU Combined
Three times as many bankers in the UK earned in excess of a million euros than in the rest of the EU.
Anthony Weiner, Christine Quinn Lead NYC Democrat Poll For Mayor; Eliot Spitzer Ahead Of Scott Stringer For Comptroller
Anthony Weiner and Eliot Spitzer, once disgraced public figures, could now stand to benefit from the scandals that almost ended their careers.
Bangladesh Approves New Labor Law After EU Threatens To Cut Trade Benefits, Minimum Wage Increase On The Cards
Bangladesh’s new labor law sets provisions to form a central fund for worker welfare, while talks on revising the minimum wage are underway.
Italian Senator Roberto Calderoli In Racism Row For Likening Italy’s First Black Cabinet Minister, Cecile Kyenge, To Orangutan
An Italian senator was forced to apologize after he drew severe criticism for likening the country’s first black cabinet minister to an orangutan.
Snowden Has Top Secret ‘Blueprints’ On How NSA Operates, But Doesn’t Intend To Release Them, Guardian Journalist Says
The U.S. fugitive reportedly has detailed documents that would enable someone who read them to evade or replicate the NSA's surveillance.
India Pushes For Investment Treaty Talks With US Amid US Concerns About India’s ‘Discriminatory’ Policies Against American Businesses
India wants to kick-start talks on a bilateral investment treaty, but the U.S. is concerned about India’s policies.
Amar G. Bose, Audio-Tech Pioneer And Founder Of Bose Corporation, Dies At 83
The American billionaire entrepreneur, innovator and academic introduced the world to new-generation audio technology with his company.
China Agrees To Allow SEC Access To Audit Papers Of Chinese Companies Trading In US
Chinese regulators will hand over audit records of U.S.-listed Chinese companies to the SEC, to assist investigations into accounting fraud.