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Hurricane Irene: 3 Ways to Survive [VIDEO]

For the first time, New York City Mayor Michael Bloomberg has ordered a mandatory evacuation of 300,000 residents of the cities costal areas as Hurricane Irene barrels up the East Coast.
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Kenya Shilling Steady: Eyes on Lending Rule Impact

The Kenyan shilling was stable against the dollar on Friday, and traders said prevailing tight shilling liquidity was expected to keep the local currency on a strengthening bias, while the main share index broke a four-day losing streak.
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Lion to launch China's first oil & gas QDII fund

China's Lion Fund Management Co will launch next week the country's first mutual fund that invests in overseas oil and gas-related assets, as Chinese money managers step up innovation to woo investors haunted by inflation concerns.
Hurricane Irene

East Coast Readies for Big, Bad Hurricane Irene

The United States urged 55 million people on its East Coast on Friday to prepare for the onslaught of massive Hurricane Irene, which President Barack Obama warned could be extremely dangerous and costly.
Hurricane Irene

Hurricane Irene to Make for 'Horrendous' Travel Conditions; Obama Urges Residents to Prepare

Hurricane Irene will cause horrendous travel conditions in the U.S. East Coast region Saturday and Sunday, one official said. As airlines cancel hundreds of flights ahead of Hurricane Irene's approach, Virginia Gov. Bog McDonnell said Saturday will be a horrendous day for travel as forecasters say the storm will be one of the worst to ever hit the region. Another official -- U.S. President Barack Obama -- is urging Americans in the path of powerful Hurricane Irene to listen to...
President Barack Obama at Martha's Vineyard

Hurricane Irene Path: Obama Urges Residents to 'Take Precautions,' Calls Irene a 'Historic Hurricane'

President Barack Obama is urging Americans in the path of powerful Hurricane Irene to listen to warning and evacuation instructions from state and local officials. He said from his vacation rental on Martha's Vineyard Friday that citizens urged to evacuate should not hesitate. Don't wait, don't delay, Obama said. I cannot stress this highly enough, if you are in the projected path of this hurricane you have to take precautions now.

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