IBT Staff Reporter

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Thousands in Delhi protest high food prices

Tens of thousands of trade unionists, including those from a group linked to India's ruling party, marched through the streets of the capital on Wednesday to protest food prices, piling pressure on a government already under fire over graft.

Gold at $1,400 as equity markets drop sharply

Gold fell back slightly toward $1,400 an ounce on Tuesday, breaking a six-session rally, as turmoil in Libya prompted bullion investors to take profits and as sharp losses in equities and other commodities markets prompted margin selling.

Indiana Dems take Wisconsin Lead, Flee the State: Report

Indiana Democrats are imitating their Wisconsin peers and have reportedly refused to show up for a vote. Members of the state of Indiana's House of Representatives are headed to neighboring Illinois to avoid a vote anti-union legislation, according to a report.

S.African stocks hit by Libyan unrest, rand firms

South African resource-heavy stocks slipped on Tuesday as Libyan unrest prompted an equities sell-off while the rand firmed against the dollar, recovering from earlier losses as better-than-expected GDP data boosted the currency.

Pfizer settles remaining Nigeria, US Trovan suits

Pfizer Inc said it has settled all outstanding lawsuits involving accusations that it tested the experimental antibiotic Trovan on children in Nigeria during a 1996 meningitis outbreak without receiving adequate prior consent.

New Zealand quake kills at least 65

New Zealand rescue teams worked under search lights early Wednesday to find scores of people trapped under collapsed buildings after an earthquake struck the country's second-biggest city of Christchurch, killing at least 65 people.

Kosovo elects controversial businessman president

Kosovo's parliament elected a Kosovo-Swiss businessman with close ties to Moscow as president on Tuesday as part of a power-sharing deal following December elections in the impoverished Balkan country.

Kremlin says extremists trying to rip Russia apart

President Dmitry Medvedev warned on Tuesday that Islamist extremists were trying to rip Russia apart and that a wave of unrest across the Arab world could spark decades of strife by ushering fanatics into power.

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