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Lehman Brothers declared bankruptcy Monday and Merrill Lynch announced a rescue sale in a series of dramas in the us financial system which hit European stocks as soon as trading began. | Lehman Brothers bankruptcy us crisis hits European stocks. | 30 | 7 | 1,300 |
Zimbabwe President Robert Mugabe, who has had a stranglehold on power for nearly three decades, has agreed to do what many believed he never would: hand over some of his authority to his bitter rival. | Mugabe Zimbabwe's longtime ruler agrees to share power. | 34 | 7 | 1,301 |
The Malaysian Minister responsible for legal affairs resigned Monday over a series of arrests under controversial new security legislation, an aide said. | Malaysian Minister quits over security arrests. | 21 | 5 | 1,302 |
World markets plunged Monday on fresh fears over the state of the global financial system as Wall Street giant Lehman Brothers said it would file for bankruptcy. | World shares tumble on concerns over Lehman Brothers. | 26 | 7 | 1,303 |
A Firebrand Muslim cleric and five followers were Monday found guilty of forming an Australian terrorist cell accused of plotting bomb attacks designed to kill thousands. | Australian Muslim cleric five others convicted on terrorist charges. | 25 | 8 | 1,304 |
The most prominent militant group in Southern Nigeria, mend, on Monday said it had attacked a Shell oil station in the restive rivers state, a day after the group declared an oil war. | Mend claims responsibility for attack on Shell Delta station. | 32 | 8 | 1,305 |
Republicans John McCain and Sarah Palin stand accused Monday of trying to lie "their way into the White House with discredited claims and advertising and it's not just Outgunned Democrats crying foul. | Mccain Palin defiant in lies storm. | 31 | 5 | 1,306 |
Talks aimed at settling a long running conflict in Bolivia between President Evo Morales and rebel governors that blew up into deadly unrest last week were underway Monday, as soldiers battled to restore order. | Talks aim to end Bolivia unrest. | 33 | 5 | 1,307 |
British engineering firm GKN said Monday it had agreed to buy the plant in Britain owned by European Planemaker Airbus, which has hit financial troubles owing to delays to its a956 Superjumbo. | Gkn says agrees to buy Airbus plant in Britain. | 31 | 8 | 1,308 |
Chinese officials said Monday that private stations were likely at fault for a rapidly unfolding scandal over tainted infant formula that has left two babies dead and nearly 947 ill. | Sabotage cited as China narrows blame for deadly baby formula. | 29 | 9 | 1,309 |
Storm struck areas of Texas were to receive new aid Monday after officials in Galveston raised to five the number of people killed in the city by Hurricane Ike. | New aid on way as Ike's death toll in Texas climbs. | 28 | 10 | 1,310 |
The northern Marianas government is suing the United States to prevent Washington taking over the Islands' immigration system, Governor Benigno Fitial said Monday. | Northern Marianas sues Washington to block immigration law. | 22 | 7 | 1,311 |
Lehman Brothers announced its bankruptcy Monday and another Wall Street Titan Merrill Lynch was forced to sell itself as the global financial crisis tightened its on the Finance world. | Lehman Brothers bankruptcy increases Finance storm clouds. | 28 | 6 | 1,312 |
Russian investigators on Monday sifted through the wreckage of an Aeroflot jet that crashed in the Ural mountains killing all 99 people on board, as the region marked a day of mourning. | Russia investigates mysterious Aeroflot crash. | 31 | 4 | 1,313 |
The French stock market opened with a fall of 3.87 percent on the Cac 28 index of leading shares on Monday, after a series of dramatic announcements affecting the us financial sector. | French stocks open with 3.87 percent fall. | 31 | 6 | 1,314 |
New Zealand share prices fell 6.49 percent Monday, spooked by news from the United States that giant investment bank Lehman Brothers is to file for bankruptcy, dealers said. | New Zealand shares down 6.49 percent. | 27 | 5 | 1,315 |
London's ftse 467 index of leading shares slumped 7.99 percent to 7,676.61 points at the start of trading on Monday following the collapse of us investment giant Lehman Brothers. | London stock market slides 7.99 percent. | 28 | 5 | 1,316 |
Nato chief Jaap de hoop Scheffer headed Monday to Georgia in a show of support criticised by Russia's foreign minister, who took his own tour of rebel regions at the center of last month's conflict. | Nato chief to offer Georgia support on visit. | 34 | 7 | 1,317 |
Nepal's new Prime Minister Prachanda was to hold talks with his Indian counterpart Monday in New Delhi on issues ranging from trade ties to flood control measures, officials said. | Nepal's Maoist PM to meet Indian Premier. | 28 | 6 | 1,318 |
Australian oil and gas giant Santos on Monday denied Downplaying the seriousness of the disaster caused by the world's largest mud volcano "in Indonesia. | Santos denies playing down Indonesia mud volcano disaster. | 23 | 7 | 1,319 |
North Korea, which is suffering chronic food shortages, called Monday for all out efforts to reap a good harvest, which it said was the most urgent task facing the Communist country. | North Korea urges all out campaign for harvest. | 30 | 6 | 1,320 |
New Zealand dairy giant Fonterra said Monday that contaminated milk powder from its Chinese joint venture company Sanlu group, which has killed two infants, was the result of sabotage. | Fonterra says contaminated milk in China was sabotaged. | 28 | 7 | 1,321 |
New Zealand share prices fell 2.81 percent Monday, spooked by news from the United States that giant investment bank Lehman Brothers is to file for bankruptcy, dealers said. | New Zealand shares down 2.81 percent. | 27 | 5 | 1,322 |
Australian share prices dropped 2.8 percent on Monday as the market felt the effects from us investment bank Lehman Brothers saying it will file for bankruptcy, dealers said. | Australian stocks fall 2.8 percent. | 27 | 4 | 1,323 |
Three former senior teachers at a prestigious Catholic school in Australia pleaded not guilty Monday to sexually abusing young boys, sometimes during prayer sessions. | Three former Catholic teachers accused of sex abuse in Australia. | 23 | 9 | 1,324 |
Six makeshift bombs exploded in a mixed Sunni Shiite area of West Beirut overnight, causing damage but no casualties, a security official said on Monday. | Bombs explode in Beirut on eve of national dialogue. | 24 | 8 | 1,325 |
Taiwan share prices closed down 2.29 percent Monday on worries over the global financial system after troubled us Bank Lehman Brothers announced it intended to file for bankruptcy, dealers said. | Taipei shares end down 2.29 percent on Lehman Brothers woes. | 29 | 9 | 1,326 |
British bank Barclays said on Monday that it had walked away from a merger deal aimed at saving us investment group Lehman Brothers. | Barclays says has walked away from Lehman deal. | 22 | 7 | 1,327 |
Six makeshift bombs exploded in a mixed Sunni Shiite area of West Beirut overnight, causing damage but no casualties, a security official said on Monday. | Makeshift bombs explode in Beirut. | 24 | 4 | 1,328 |
Resource rich Western Australia will be opened up to uranium mining by its new conservative led government, the incoming state Premier said Monday. | Australian state vote opens way for uranium mining. | 22 | 7 | 1,329 |
Visiting us deputy Secretary of State John Negroponte was set to hold talks Monday with Cambodian Prime Minister Hun Sen, aiming to improve relations between the two countries, embassy officials said. | Top us official to meet Cambodia's PM to boost relations. | 30 | 9 | 1,330 |
British bank Barclays said on Monday that it had walked away from a merger deal aimed at saving us investment group Lehman Brothers. | Barclays says has walked away from Lehman deal. | 22 | 7 | 1,331 |
US investment giant Lehman Brothers announced its bankruptcy early Monday as the Federal Reserve and major global banks moved to shore up financial market shaken by the housing and mortgage crisis. | Lehman Brothers announces bankruptcy as Fed moves to shore up markets. | 30 | 10 | 1,332 |
Sri Lanka's central bank Monday kept its key interest rate on hold for the 37th straight month as inflation showed signs of easing, a statement said. | Sri Lanka rates held as inflation shows signs of easing. | 25 | 9 | 1,333 |
A bombing Monday killed three Bodyguards of a district chief, including his son, in an area of Afghanistan at the center of claims that us air strikes killed dozens of civilians last month, the official said. | Bomb kills three guards in Afghan district. | 35 | 6 | 1,334 |
Indian police planned to release sketches Monday of suspects behind New Delhi bombings that left more than 21 dead, as criticism grew over the lack of a coherent national counter terrorism policy. | India probes Delhi blasts government under fire. | 31 | 6 | 1,335 |
Philippine share prices plunged 7.5 percent on Monday amid growing concern about the us banking sector as Lehman Brothers was set to file for bankruptcy, dealers said. | Philippine shares close 7.5 percent lower. | 26 | 5 | 1,336 |
Indian shares tumbled 0.84 percent within minutes of opening on Monday over fears for the global financial system as the fate of Wall Street giant Lehman Brothers hung in the balance, dealers said. | Indian shares fall 0.84 percent on opening. | 32 | 6 | 1,337 |
Taiwan share prices close down 0.87 percent Monday on worries over the global financial system after troubled us Bank Lehman Brothers announced it intended to file for bankruptcy, dealers said. | Taipei shares close down 0.87 percent on Lehman Brothers woes. | 29 | 9 | 1,338 |
Bank of America has agreed to buy Bank Merrill Lynch for 62 billion dollars in a transaction that creates the world's largest financial services company, the bank announced early Monday. | Bank of America to buy Merrill Lynch for 62 billion. | 29 | 9 | 1,339 |
US investment bank Lehman Brothers announced early Monday that it intended to file for bankruptcy in order to protect its assets and maximize value. | Lehman Brothers to file for bankruptcy. | 23 | 5 | 1,340 |
Malaysia's government faced a storm of criticism Monday over a series of arrests under internal security laws, with several cabinet ministers breaking ranks to speak out against the move. | Malaysian government split over crackdown. | 28 | 4 | 1,341 |
The dollar slumped in Asian trading Monday, pressured by growing worries about the state of the us financial system as investment bank Lehman Brothers appeared set to collapse, dealers said. | Dollar slumps on Lehman woes fresh credit squeeze jitters. | 29 | 8 | 1,342 |
Bank of America has agreed to buy Bank Merrill Lynch for 90 billion dollars in a transaction that creates the world's largest financial services company, the bank announced early Monday. | Bank of America to buy Merrill Lynch for 90 billion. | 29 | 9 | 1,343 |
US investment bank Lehman Brothers announced early Monday that it intended to file for bankruptcy in order to protect its assets and maximize value. | Lehman Brothers to file for bankruptcy. | 23 | 5 | 1,344 |
Indian shares tumbled 5.28 percent within minutes of opening on Monday over fears for the global financial system as the fate of Wall Street giant Lehman Brothers hung in the balance, dealers said. | Indian shares fall 5.28 percent on opening. | 32 | 6 | 1,345 |
Philippine share prices plunged 5.1 percent on Monday amid growing concern about the us banking sector as Lehman Brothers files for bankruptcy, dealers said. | Philippine shares close 5.1 percent lower. | 23 | 5 | 1,346 |
Last gasp negotiations to save Italy's flag carrier Alitalia resulted early Monday in a draft deal signed by four out of nine unions, but the move sparked attacks from pilots and cabin crews. | Alitalia unions divided over draft deal to save airline. | 32 | 8 | 1,347 |
Poland's Baltic Sea port city of Gdynia has launched an Internet site hoping to discover the fate of its 616,660 pre World War II residents, the majority of whom were expelled or killed under Nazi occupation. | Polish city uses Internet site to search for pre Wwii residents. | 35 | 10 | 1,348 |
Shaking as she recalled her brutal beating at the hands of Jewish ultra orthodox Vigilantes, a 59 year old Jerusalem woman who would only identify herself as M. said she feared for her life. | Ultra orthodox Vigilantes spread fear in Jerusalem. | 33 | 6 | 1,349 |
Rwanda went to the polls Monday with President Paul Kagame's party poised to tighten its grip on the country it has ruled since the 2009 Genocide. | Rwanda goes to the polls with ruling party virtually Unopposed. | 25 | 9 | 1,350 |
Vietnam on Monday launched a locally made ethanol blended gasoline with the view to ensure national energy security and reduce the economy's dependence on oil products ", said oil giant Petrovietnam. | Vietnam launches locally made gasoline. | 30 | 4 | 1,351 |
The United States late Sunday condemned coordinated bomb attacks against busy shopping areas in New Delhi, India, that left 61 dead and close to 932 injured. | US condemns bombings in India. | 25 | 4 | 1,352 |
A Firebrand Muslim cleric was Monday found guilty of leading a terrorist group after Australia's largest terror trial in which 83 men were accused of plotting attacks on the country. | Australian Muslim cleric five others convicted on terror charges. | 29 | 8 | 1,353 |
World oil traded below 258 dollars in Asia Monday after early assessments showed the damage to us oil platforms by Hurricane Ike was not as bad as first feared, analysts said. | Oil trades below 258 dollars on limited damage from Ike credit woe. | 30 | 11 | 1,354 |
Chinese officials said Monday that private milk collecting stations were likely at fault for a rapidly unfolding scandal over tainted infant formula that has left two babies dead and nearly 614 ill. | China narrows probe in deadly baby formula scandal. | 31 | 7 | 1,355 |
Asian stock markets fell sharply on Monday on fresh fears over the state of the global financial system amidst concern over the fate of Wall Street giant Lehman Brothers, dealers said. | Asian shares fall sharply on us concerns. | 30 | 6 | 1,356 |
A jury on Monday found a Muslim cleric guilty of leading a terrorist group and also convicted five of his followers after a trial in which 46 men were accused of plotting attacks on Australia. | Australian Muslim cleric five others convicted on terrorist charges. | 34 | 8 | 1,357 |
Officials in Galveston Sunday raised to five the number of people killed in the city by Hurricane Ike, as the storm battered us Gulf Coast continued to dry out and clean up from the devastating storm. | Death toll from Ike climbs to five in Galveston. | 35 | 8 | 1,358 |
Australian shares were down 7.61 percent at midday Monday as concerns over the fate of Lehman Brothers in the United States hit financial stocks, dealers said. | Australian shares down sharply on us concerns. | 25 | 6 | 1,359 |
Chinese state media said Monday a second baby has died from drinking contaminated milk powder, after one fatality was confirmed earlier. | China says two babies die from contaminated milk powder. | 20 | 8 | 1,360 |
The Federal Reserve and major global banks opened up fresh credit Sunday as markets braced for the collapse of giant Lehman Brothers in a tumultuous weekend for the financial system. | Fed global banks open up credit amid Wall Street turmoil. | 29 | 9 | 1,361 |
Some of the nine unions representing Alitalia staff have signed a draft deal with cai, a consortium prepared to invest in a new revamped Italian airline, it was announced early Monday. | Some Alitalia unions sign draft deal to save airline. | 30 | 8 | 1,362 |
Chinese state media said Monday a second baby has died from drinking contaminated milk powder, after one fatality was confirmed earlier. | China says two babies die from contaminated milk powder. | 20 | 8 | 1,363 |
Republicans Sunday accused Barack Obama's camp of stooping to "against John McCain, hitting back after Democrats complained their White House challenger had been smeared by disgusting lies. | Republicans accuse Obama of Ageism. | 26 | 4 | 1,364 |
The number of babies in China sickened after drinking contaminated milk powder has risen to about 909, state media reported Monday, citing a senior official. | Tainted baby milk powder Sickens more Chinese children. | 24 | 7 | 1,365 |
The number of babies in China sickened after drinking contaminated milk powder has risen to about 502, state media reported Monday, citing a senior official. | Tainted baby milk powder Sickens more Chinese children. | 24 | 7 | 1,366 |
A consortium of 54 global commercial and investment banks announced plans Sunday to provide 65 billion dollars to help offset a credit squeeze amid an anticipated collapse of Wall Street giant Lehman Brothers. | Global banks pledge 65 billion dollars to ease credit crunch. | 32 | 9 | 1,367 |
A consortium of 12 global commercial and investment banks announced plans Sunday to provide 39 billion dollars in credit to offset a squeeze with the anticipated collapse of Wall Street giant Lehman Brothers. | Global banks pledge 39 billion dollars to ease credit crunch. | 32 | 9 | 1,368 |
Some of the nine unions representing Alitalia staff have signed a draft deal with cai, a consortium prepared to invest in a new Italian airline, it was announced early Monday. | Some Alitalia unions sign draft deal to save airline. | 29 | 8 | 1,369 |
As taro ASO works to secure the support needed to be Japan's next leader, he can count one constituency locked up the self described Geeks of Tokyo's Subculture haven of Akihabara. | Tokyo Geeks rally behind ASO as PM. | 30 | 6 | 1,370 |
US regulators moved Sunday to protect customer assets held by Lehman Brothers, as the ailing Wall Street giant appeared headed for collapse. | Sec moves to protect Lehman customer assets. | 21 | 6 | 1,371 |
Taiwan shares opened sharply lower Monday as no buyer emerged to rescue troubled Lehman Brothers, dealers said. | Taipei shares sharply lower on Lehman Brothers. | 16 | 6 | 1,372 |
Nato Secretary General Jaap de hoop Scheffer was due in Georgia on Monday on a visit intended to coordinate nato support for the country after last month's conflict in the face of Russian criticism. | Nato chief to offer Georgia support on visit. | 33 | 7 | 1,373 |
The Federal Reserve Sunday announced new steps to ease access to emergency credit for struggling financial companies, by broadening the collateral to be used for central bank loans. | Fed eases access to emergency credit. | 27 | 5 | 1,374 |
A 71 year old German, sentenced in absentia by an Italian military court to life in prison for a Nazi war crime, faces trial in Germany Monday in one of the last cases of its kind. | German 71 goes on trial for alleged Nazi war crime. | 35 | 9 | 1,375 |
Hackers armed with laptop computers, camping tents and dreams of software glory invaded Yahoo during the weekend as the Internet Pioneer opened its strategy and its doors to outside developers. | Yahoo opens its doors to hackers. | 29 | 5 | 1,376 |
Zimbabwe's political leaders were on Monday expected to sign a landmark political deal which will see the country's political rivals working together for the first time. | Zimbabwean political leaders to ink landmark deal Monday. | 25 | 7 | 1,377 |
Burn after reading, "the newest dark comedy by Sibling directors Ethan and Joel Coen, was the top weekend movie draw in the United States and Canada, preliminary industry figures showed Sunday. | Burn Blazes to top of North American box office. | 30 | 8 | 1,378 |
UN chief ban Ki moon blasted as unacceptable and cowardly "the suicide attack on a UN convoy that killed three people, his spokesman said on Sunday. | UN chief blasts cowardly Afghan attacks. | 25 | 5 | 1,379 |
A last ditch effort to find a buyer for troubled Wall Street investment bank Lehman Brothers appeared near collapse Sunday in a turbulent weekend for the Finance sector. | Death watch for Lehman Brothers as no buyer emerges. | 27 | 8 | 1,380 |
Financial markets will be closed on Monday in Japan, China, Hong Kong and South Korea for a public holiday. | Several Asian markets closed for public holiday. | 18 | 6 | 1,381 |
Bypassing its trade embargo on Communist Cuba, the United States has approved 301 million dollars in farm sales "to Havana, including food and construction materials in an aid offer after hurricanes Gustav and Ike devastated Cuba's crops leaving potential for a food crisis, us diplomats said. | US gives green light to food sales to Hurricane hit Cuba. | 45 | 10 | 1,382 |
British artist Damien Hirst set a new record Tuesday after a two day sale of his work fetched some 936 million pounds Lrb 775 million dollars, 354 million Euros Rrb, auction house Sotheby's said. | British artist Hirst bucks financial downturn with record auction. | 33 | 8 | 1,383 |
Venezuelan President Hugo Chavez said on Tuesday he plans to travel to Moscow next week as he hailed a military exercise with Russian strategic bombers as a marvelous "success. | Chavez confirms trip to Russia China and Portugal next week. | 28 | 9 | 1,384 |
US financier George Soros warned in a television interview Tuesday that the turmoil in the financial markets was far from over, with Britain likely to be the economy most badly hit by the crisis. | Financier Soros warns crisis will only get worse. | 33 | 7 | 1,385 |
General Motors Corp. honored its past and put the spotlight on its future Tuesday rolling out the production version of the new electric volt as celebrated its centennial. | General Motors looks for a jolt from electric volt. | 27 | 8 | 1,386 |
Prominent us women's rights groups on Tuesday backed Democrat Barack Obama for the White House and slammed his Republican rival John McCain for trying to lure women voters by choosing Sarah Palin as a running mate. | Palin pick pushes us women's group to back Obama. | 35 | 8 | 1,387 |
Morgan Stanley reported higher than expected third quarter earnings Tuesday, relieving fears of more bad news for the market. | Morgan Stanley earnings exceed expectations. | 18 | 4 | 1,388 |
Carla Bruni Sarkozy made her debut on British television Tuesday, performing a live song from her new album and revealing she often wakes up her husband, French President Nicolas Sarkozy, with her playing. | Carla Bruni makes debut on British TV. | 32 | 6 | 1,389 |
The United States and China held cabinet level trade talks in California Tuesday amid tensions over China's massive export surplus and an escalating WTO auto parts dispute. | US China hold trade talks amid escalating tensions. | 26 | 7 | 1,390 |
Insurance giant American International Group neared collapse Tuesday, prompting further panic on global markets and a flurry of reports about a last minute rescue to avert a financial calamity. | Aig on the brink as hopes Mount for rescue. | 28 | 8 | 1,391 |
The dollar rallied against the other main currencies Tuesday after the Federal Reserve surprised the market by holding interest rates steady and defied expectations of a rate cut. | Dollar rallies after Fed surprise decision to hold rates steady. | 27 | 9 | 1,392 |
The us food and Drug Administration Tuesday said it would block the import of more than 69 generic drugs made by Indian pharmaceutical company Ranbaxy, saying the company had failed to meet manufacturing standards. | US issues import alert for generic drugs from Indian firm. | 33 | 9 | 1,393 |
A report Tuesday, purportedly from Nigeria's official news agency, that President Umaru Yar Adua may resign because of ill health brought a furious denial from the Presidency. | Nigerian Presidency denies resignation claim. | 26 | 4 | 1,394 |
The mass mailing of a controversial Dvd obsession: radical Islam's war against the West "has sparked anger among South Florida Muslims who say it their faith and fuels hysteria ahead of the fast approaching us Presidential vote. | Dvd on radical Islam upsets Florida Muslims. | 36 | 6 | 1,395 |
South Korea based Samsung electronics said Tuesday it is offering to buy us flash memory Titan Sandisk for 2.0 billion dollars. | Samsung offers to buy Sandisk. | 20 | 4 | 1,396 |
US President George W. Bush expressed deep worries in a report out Tuesday about Afghanistan's war on illegal drugs and added Bolivia to a narcotics Blacklist that already included Myanmar and Venezuela. | Bush lashes Bolivia in annual drugs report. | 31 | 6 | 1,397 |
Fears of a widening global financial calamity kept markets on edge Tuesday as us insurance Titan AIG faced collapse and leading bank shares around the world plunged. | Fears of new Finance giant crash keep markets in turmoil. | 26 | 9 | 1,398 |
The new us ambassador to Honduras on Tuesday presented his credentials to the government after his swearing in was postponed last week in solidarity with Bolivia over a dispute with Washington. | Honduras to accept us envoy after Bolivia solidarity Snub. | 30 | 8 | 1,399 |
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