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Kuwait plans to spend its bumper petrodollar earnings on an array of mega projects over the next five years including a new business Hub dubbed silk city, according to a plan published Wednesday.
|
Kuwait unveils plans for mega projects.
| 32 | 5 | 4,000 |
Leading Eurozone economies are on the brink of recession as business confidence surveys released Wednesday hit three to five year lows amid a global financial crisis, analysts said.
|
Top Eurozone economies on brink of recession surveys show.
| 27 | 8 | 4,001 |
Senior Hamas leader Ismail Haniya cast doubt Wednesday on Egyptian Brokered Palestinian unity talks, saying the path to dialogue with President Mahmud Abbas's Fatah party was impassable.
|
Hamas casts doubt on Palestinian unity talks.
| 26 | 6 | 4,002 |
Indian shares rose 2.7 percent in choppy trade Wednesday, reacting to news that us tycoon Warren Buffett would help offset uncertainty over the us financial rescue plan worth 187 billion dollars.
|
Indian shares gain 2.7 percent.
| 30 | 4 | 4,003 |
Oil prices climbed almost two dollars on Wednesday, continuing a roller coaster ride, as the market awaited data on the health of us energy inventories.
|
Oil prices rebound ahead of us inventory data.
| 24 | 7 | 4,004 |
Global markets were torn by doubts over a huge us rescue plan Wednesday as the FBI probed top Wall Street names, the Federal Reserve gave more crisis help and the IMF chief issued a stark warning.
|
Doubt for us rescue plan tears world markets.
| 35 | 7 | 4,005 |
Three Chinese astronauts made final preparations Wednesday for a mission that will include the nation's first ever space walk, saying they were confident of handling what will be a difficult but historic voyage.
|
Brimming with confidence China's astronauts Brace for historic mission.
| 32 | 8 | 4,006 |
Global markets were torn by doubts over a huge us rescue plan Wednesday as the FBI probed top Wall Street names, the Federal Reserve gave more crisis help and the IMF chief issued a stark warning.
|
Doubt for us rescue plan tears world markets.
| 35 | 7 | 4,007 |
Iraq's Parliament on Wednesday set January 47 as the deadline for elections in 63 provinces, excluding three Kurdish provinces and the disputed oil rich region of Kirkuk, an AFP correspondent reported.
|
Iraq Parliament sets JAN 47 deadline for provincial vote.
| 30 | 8 | 4,008 |
French police arrested 10 people linked to Basque separatist groups in a major operation aimed at catching the Perpetrators of a hotel bomb attack, police and legal sources said Wednesday.
|
French police arrest 10 Basque Militants.
| 29 | 5 | 4,009 |
Finland said it would toughen its gun laws after Tuesday's school massacre, as police who questioned but released the killer a day before the shooting landed in the hot seat.
|
Finland faces its demons a day after school shooting.
| 29 | 8 | 4,010 |
Thailand's new Prime Minister Somchai Wongsawat on Wednesday unveiled his cabinet, looking to heal Rifts within his own party and restore stability as anti government protests drag on.
|
Thai Premier unveils new cabinet.
| 27 | 4 | 4,011 |
Britain's biggest retailer Tesco said Wednesday it had taken certain Chinese sweets off its shelves due to fears over the contaminated milk product scandal.
|
British supermarket withdraws Chinese sweets over milk fears.
| 23 | 7 | 4,012 |
Europe's banks are less in danger than their us counterparts but they should still prepare for the worst, "International Monetary Fund head Dominique Strauss Kahn was quoted as saying Wednesday.
|
Imf head says Europe's banks should prepare for the worst.
| 29 | 9 | 4,013 |
The dollar dipped against the Euro on Wednesday amid concerns that a us financial sector rescue plan is becoming bogged down in political bickering, dealers said.
|
Dollar drops against Euro as us rescue plan stumbles.
| 25 | 8 | 4,014 |
Global equities rose on Wednesday, as a vote of confidence in Wall Street from us tycoon Warren Buffett helped offset uncertainty surrounding a us financial rescue plan worth 219 billion dollars.
|
World stocks higher after Buffett boost.
| 30 | 5 | 4,015 |
British energy accepted a takeover bid worth more than 82 billion Euros from French electricity firm Edf in a tie up set to transform Britain's nuclear energy sector, officials said Wednesday.
|
French firm Edf clinches British energy takeover.
| 30 | 6 | 4,016 |
Russia expressed regret Wednesday that it could not present nato with its plan for a sweeping new security pact, and is mulling whether to make the flagship project public in another forum.
|
Russia regrets delay of security pact explanation at nato.
| 31 | 8 | 4,017 |
Asian stocks closed mostly up on Wednesday after a massive investment by Warren Buffett in Wall Street bank Goldman Sachs offset concern about the 281 billion dollar us financial rescue plan.
|
Asian stocks mostly up on Buffett's Goldman investment.
| 30 | 7 | 4,018 |
The following is the list of Thailand's new government ministers named by Thailand's Prime Minister Somchai Wongsawat and on Wednesday by King Bhumibol Adulyadej.
|
Thailand's new government line up.
| 23 | 4 | 4,019 |
Indian shares were up 6.51 percent in volatile trade Wednesday, as a vote of confidence in Wall Street from us tycoon Warren Buffett helped offset uncertainty surrounding a us financial rescue plan worth 243 billion dollars.
|
Indian shares gain 6.51 percent in mid afternoon.
| 35 | 7 | 4,020 |
US lawmakers were digging their heels in Wednesday against the government's 844 billion dollar financial rescue package, setting the scene for a fierce showdown on Capitol Hill watched anxiously by markets around the globe.
|
Congress balks at huge us financial bailout.
| 33 | 6 | 4,021 |
US lawmakers were digging their heels in Wednesday against the government's 801 million dollar financial rescue package, setting the scene for a fierce showdown on Capitol Hill watched anxiously by markets around the globe.
|
Congress balks at huge us financial bailout.
| 33 | 6 | 4,022 |
Thailand's new Prime Minister Somchai Wongsawat on Wednesday unveiled his cabinet, looking to heal Rifts within his own party and restore stability as anti government protests drag on.
|
Thai Premier unveils new cabinet.
| 27 | 4 | 4,023 |
Russia expressed regret Wednesday that it could not present nato with its plan for a sweeping new security pact, and is mulling whether to make the flagship project public in another forum.
|
Russia regrets delay of security pact explanation at nato.
| 31 | 8 | 4,024 |
Filling stations in Athens were clogged with long queues Wednesday, after a strike by customs officers caused a shortage of petrol.
|
Greek customs officers strike causes petrol shortage.
| 20 | 6 | 4,025 |
Malaysian share prices closed 7.3 percent higher Wednesday, after rebounding from an intraday low on expectations that the government will cut fuel prices at the end of the day, dealers said.
|
Malaysian shares close 7.3 percent higher.
| 30 | 5 | 4,026 |
Hong Kong share prices closed 7.9 percent higher on Wednesday after strong early gains were wiped out by rumors of instability at the Bank of East Asia, dealers said.
|
Hong Kong shares close 7.9 percent higher as Bea tumbles.
| 28 | 9 | 4,027 |
The class, "a film shot in a rough Paris school that won the top prize at Cannes this year and which is France's entry for the 2009 foreign film Oscar, opened in French Cinemas Wednesday.
|
Cannes winner the class finally opens in French Cinemas.
| 34 | 8 | 4,028 |
Israeli foreign minister Tzipi Livni said on Wednesday that giving Iran a seat on the UN Security Council would be absurd "given the insecurity its policies have caused.
|
Israel Slams absurd Iran bid for Security Council seat.
| 27 | 8 | 4,029 |
Chinese share prices edged up 3.24 percent on Wednesday, bouncing off early lows led by market Heavyweights, dealers said.
|
Chinese shares close up 3.24 pct.
| 18 | 5 | 4,030 |
Salvatore Ferragamo lit up the Milan Catwalks with an exuberant collection for spring summer 2021, full of neon shades and dramatic volumes, using bales of silk.
|
Exuberant and Prada's chic look.
| 25 | 4 | 4,031 |
A Danish Navy vessel freed 66 suspected Pirates on a beach in Somalia rather than hand them over to the authorities there, the Navy and Denmark's defense minister said Wednesday.
|
Danish Navy releases suspected Pirates on Somali Beach.
| 29 | 7 | 4,032 |
US officials negotiating a controversial security pact with Iraq have returned to Baghdad to resume discussions which have been deadlocked since early September, a us official said on Wednesday.
|
US officials in Iraq to break security pact deadlock.
| 28 | 8 | 4,033 |
Thai share prices closed 6.6 percent higher on Wednesday as investors welcomed news of tycoon Warren Buffett's 2 billion us dollars investment in Goldman Sachs, they said.
|
Thai share prices close . percent higher.
| 26 | 6 | 4,034 |
Kuwait plans to spend its bumper earnings on an array of mega projects over the next five years including a new business Hub dubbed silk city, a newspaper reported Wednesday.
|
Kuwait unveils plans for mega projects.
| 29 | 5 | 4,035 |
Britain has pledged 10 million dollars for drought hit Ethiopia, where some 3.2 million people are in need of emergency food aid, its embassy here said on Wednesday.
|
Britain pledges 10 million dollars for drought hit Ethiopia.
| 27 | 8 | 4,036 |
Indonesia shares ended 3.0 percent higher Wednesday as investors hunted bargains amid renewed confidence in the us financial rescue plan, dealers said.
|
Indonesian stocks close 3.0 percent higher.
| 21 | 5 | 4,037 |
British Prime Minister Gordon Brown faced a surprise setback Wednesday when it emerged that a minister was quitting for family reasons, "hours after a well received crunch speech.
|
British minister to quit in surprise knock for PM.
| 27 | 8 | 4,038 |
The world health organization on Wednesday warned Asia Pacific countries that they could be vulnerable to health risks and food shortages as a result of climate change.
|
Who says climate change poses health risks.
| 26 | 6 | 4,039 |
Six bodies were recovered in the Somali capital on Wednesday taking the death toll to 89 in overnight clashes between African Peacekeepers and Islamist rebels, witnesses said.
|
Mogadishu death toll hits .
| 26 | 4 | 4,040 |
Eurostar trains faced delays of up to two hours on Wednesday after a train became briefly stuck in the Channel tunnel, already operating at reduced capacity following a fire, a spokeswoman said.
|
Eurostar delays after train breakdown in channel tunnel.
| 31 | 7 | 4,041 |
Indonesia shares ended 2.4 percent higher Wednesday as investors hunted bargains amid renewed confidence in the us financial rescue plan, dealers said.
|
Indonesian stocks close 2.4 pct higher.
| 21 | 5 | 4,042 |
Malaysian share prices closed 6.6 percent higher Wednesday, after rebounding from an intraday low on expectations that the government will cut fuel prices at the end of the day, dealers said.
|
Malaysian shares close 6.6 percent higher.
| 30 | 5 | 4,043 |
Britain's biggest retailer Tesco said Wednesday it had taken certain Chinese sweets off its shelves due to fears over the contaminated milk product scandal.
|
British supermarket withdraws Chinese sweets over milk fears.
| 23 | 7 | 4,044 |
A damaging bribery scandal at German conglomerate Siemens came to court for the first time on Wednesday as a former board member went on trial charged with breach of trust.
|
First trial begins in Siemens bribery scandal.
| 29 | 6 | 4,045 |
North Korea has barred International atomic energy agency Lrb Iaea Rrb inspectors from its nuclear reprocessing plant at Yongbyon, the UN atomic watchdog said Wednesday.
|
Key developments in Nkorean nuclear standoff.
| 24 | 5 | 4,046 |
Global markets looked torn between fear and hope for a huge us financial rescue plan Wednesday as the FBI probed top Wall Street names for fraud and the Federal Reserve gave crisis help abroad.
|
Fear hope for us financial rescue tear markets.
| 33 | 7 | 4,047 |
Another South African Minister has quit in the wake of President Thabo Mbeki's resignation, a newspaper reported Wednesday, as the ruling ANC sought to play down fears of a crisis.
|
Anc Downplays talk of crisis as South African ministers quit.
| 29 | 9 | 4,048 |
Chinese share prices edged up 3.35 percent on Wednesday, bouncing off early lows led by market Heavyweights, dealers said.
|
Chinese shares close up 3.35 pct.
| 18 | 5 | 4,049 |
China's third manned space mission, which will include the first space walk by a Chinese astronaut, will blast off late Thursday, a senior official confirmed.
|
China confirms third space mission to launch Thursday.
| 24 | 7 | 4,050 |
Malaysia's inflation rate jumped to a 62 year high of 1.0 percent in August, driven by the escalating cost of food and fuel, according to official data released Wednesday.
|
Malaysian inflation at 62 year high for August.
| 28 | 7 | 4,051 |
China's leading spirits maker Kweichow Moutai and major wine producer Yantai Pioneer wine denied rumors Wednesday that their products contain a chemical believed to cause cancer.
|
Chinese firms say no cancer chemical in drinks.
| 25 | 7 | 4,052 |
A candy linked to China's contaminated milk product scandal will be removed from sale in Australia after New Zealand authorities warned it contains a toxic chemical, officials said Wednesday.
|
Chinese candy warnings issued in Australia New Zealand.
| 28 | 7 | 4,053 |
Rodrigo, the Manchester United youngster on the receiving end of a horror tackle by Middlesbrough's Emanuel Pogatetz, has not broken his right leg, as first feared, the club confirmed on Wednesday.
|
Afptv advisory for Wednesday.
| 30 | 3 | 4,054 |
US officials negotiating a controversial security pact with Iraq have returned to Baghdad to resume discussions which have been deadlocked since early September, a us official said on Wednesday.
|
US officials in Iraq to break security pact deadlock.
| 28 | 8 | 4,055 |
Hong Kong share prices closed 3.6 percent higher on Wednesday after strong early gains were wiped out by rumors of instability at the Bank of East Asia, dealers said.
|
Hong Kong shares close 3.6 percent higher.
| 28 | 6 | 4,056 |
Global equities mostly rose Wednesday, as a vote of confidence in Wall Street from us tycoon Warren Buffett helped offset uncertainty surrounding a us financial rescue plan worth 846 billion dollars.
|
World stocks mostly higher after Buffett boost.
| 30 | 6 | 4,057 |
A Bollywood comedy called Hari Puttar "was set to premiere in Mumbai later Wednesday after winning a legal battle against us studio Warner Bros over its title.
|
India's Hari Puttar film to premiere after winning legal row.
| 26 | 9 | 4,058 |
The world's biggest mining company BHP Billiton said Wednesday it intended to supply uranium to China for decades to come as the Asian superpower ramps up its nuclear energy program.
|
Bhp planning to sell uranium to China for decades.
| 29 | 8 | 4,059 |
Taiwan on Wednesday ordered stores to remove all remaining Chinese milk products from store shelves after more items were found to be tainted with the industrial chemical Melamine, officials said.
|
Taiwan orders all Chinese milk products off shelves.
| 29 | 7 | 4,060 |
An international ship management company said Wednesday it suspects South Korean officials are Colluding to blame a Hong Kong tanker crew for Korea's worst oil spill despite an earlier acquittal.
|
Firm says it suspects collusion in South Korea oil spill case.
| 29 | 9 | 4,061 |
At the ABC petrol station in Kauhajoki where locals eat breakfast, news of the school shooting that claimed 86 lives a day earlier is Emblazoned across Newsstands Wednesday but patrons are not talking about it.
|
After school massacre residents show Finnish Reserve.
| 34 | 6 | 4,062 |
South Korean shares closed 5.84 percent higher Wednesday as investors shrugged off a downswing in Wall Street's session, analysts said.
|
Skorean shares close 5.84 percent higher.
| 19 | 5 | 4,063 |
The lawyer for Chinese dissident Huang Qi, who campaigned for the parents of children killed in the Sichuan earthquake, was allowed to see his client more than three months after he was detained.
|
Lawyer for detained Chinese quake dissident granted access.
| 32 | 7 | 4,064 |
Eleven Iraqis and a Palestinian have been detained in New Caledonia after flying in on false European Passports, border police in the French Pacific territory said Wednesday.
|
Police in New Caledonia detain Iraqis.
| 26 | 5 | 4,065 |
Hong Kong gold prices closed lower on Wednesday at 312.02 269 .89 us dollars an ounce, down from Tuesday's close of 829.65 127 .81 dollars.
|
Hong Kong gold closes lower.
| 24 | 4 | 4,066 |
A battle over the us government's financial rescue package carries on in Congress Wednesday after top finance officials urged its swift passage and lawmakers dug in their heels, while the FBI reportedly launched a probe of failed banks and mortgage giants.
|
Congress balks at huge us financial bailout.
| 40 | 6 | 4,067 |
The Bank of England on Wednesday made an additional 77 billion dollars Lrb 11 billion Euros Rrb available to financial institutions on a short term loan basis.
|
Bank of England offers further 77 billion dollars worth of loans.
| 26 | 10 | 4,068 |
The us Federal Reserve threw another 55 billion dollars into foreign credit markets Wednesday to relieve high tension in demand for dollars, doing so called swap deals with four central banks.
|
US Fed throws 55 billion dollars into foreign credit markets.
| 30 | 9 | 4,069 |
Taiwan shares closed down 0.11 percent Wednesday on Wall Street's overnight fall and mixed regional markets, dealers said.
|
Taipei shares close down 0.11 percent.
| 17 | 5 | 4,070 |
Pop Star Paul Mccartney, one of two surviving members of the Beatles, arrived in Israel on Wednesday ahead of his first ever concert in the Jewish state.
|
Mccartney in Israel for peace concert.
| 26 | 5 | 4,071 |
Chinese share prices edged up 7.81 percent on Wednesday, bouncing off early lows led by market Heavyweights China Unicom and Petrochina, dealers said.
|
Chinese shares close up 7.81 pct.
| 22 | 5 | 4,072 |
Pakistan's Army said Wednesday that it was investigating the crash of a suspected unmanned us spy plane amid claims by tribesmen they had shot it down near the Afghan border.
|
Pakistani military probes us drone crash.
| 29 | 5 | 4,073 |
Poised and Bejeweled, her hair raised high in the style of her hero Margaret Thatcher, Georgia's Nino Burjanadze cuts a formidable figure in this war torn Caucasus nation.
|
As Saakashvili fights on Georgia's iron lady waits in wings.
| 27 | 9 | 4,074 |
Myanmar's pro democracy party on Wednesday vowed to continue pushing for their leader Aung San Suu Kyi's release after several of her close Confidants were freed from prison by the ruling junta.
|
Myanmar opposition vows to continue fight for Aung San Suu Kyi.
| 31 | 10 | 4,075 |
White House foes Barack Obama and John McCain Tuesday unveiled proposals to improve a bailout for crippled Wall Street but stopped short of rejecting the 999 billion dollar plan outright.
|
Mccain Obama plot tricky course on finance crisis.
| 29 | 7 | 4,076 |
The European central bank renewed on Wednesday its offer of 45 billion dollars Lrb 98 billion Euros Rrb in one day loans, it said in a statement.
|
Ecb renews loan offer of 45 billion dollars.
| 26 | 7 | 4,077 |
Pakistan's Army said Wednesday that it was investigating the crash of a suspected unmanned us spy plane amid claims by tribesmen they had shot it down near the Afghan border.
|
Pakistani military probes us drone crash.
| 29 | 5 | 4,078 |
South Korean shares closed 6.19 percent higher Wednesday as investors shrugged off a downswing in Wall Street's session, analysts said.
|
Skorean shares close 6.19 percent higher.
| 19 | 5 | 4,079 |
Shares in German retailer Arcandor leapt by 65.02 percent to 7.37 Euros in early Frankfurt trading Wednesday after it unveiled a refinancing deal with an international bank consortium.
|
Shares in German retailer Arcandor jump on news of refinancing.
| 27 | 9 | 4,080 |
Indian business groups reacted in shock on Wednesday to the government's support for workers who beat to death the boss of the Italian company that had sacked them.
|
Outrage as Indian govt backs workers who killed boss.
| 27 | 8 | 4,081 |
Hong Kong's Bank of East Asia moved to quell rumors about its stability on Wednesday, as hundreds of investors gathered outside branches across the city.
|
Queues at Hong Kong's Bea branches after stability rumors.
| 24 | 8 | 4,082 |
The head of the French engineering group Alstom insisted its business practices could not be compared with those of scandal hit rival Siemens, in comments published Wednesday.
|
Alstom boss defends group against report of Slush Fund.
| 26 | 8 | 4,083 |
Six bodies were recovered overnight in the Somali capital taking the death toll to 66 in clashes between African Peacekeepers and Islamist rebels, witnesses said on Wednesday.
|
Mogadishu death toll hits .
| 26 | 4 | 4,084 |
President Gloria arroyo has assured the United Nations she will resume peace talks with Muslim Separatists as fresh fighting in the Southern Philippines left two rebels dead.
|
Philippines arroyo says peace talks with Separatists to continue.
| 26 | 8 | 4,085 |
Vietnam's trade deficit reached an estimated 38.9 billion dollars for the first nine months of the year, according to official figures released Wednesday.
|
Vietnam January September trade deficit hits 38.9 billion dollars.
| 22 | 8 | 4,086 |
The us Federal Reserve threw another 10 billion dollars into foreign credit markets Wednesday to relieve high tension in demand for dollars, doing so called swap deals with four central banks.
|
US Fed throws 10 billion dollars into foreign battle for dollar credit.
| 30 | 11 | 4,087 |
Australian shares closed up 5.8 percent Wednesday after investors were buoyed by us investment guru Warren Buffett's decision to invest five billion dollars in Goldman Sachs, dealers said.
|
Australian shares close up 5.8 percent.
| 27 | 5 | 4,088 |
The European central bank renewed on Wednesday its offer of 38 billion dollars Lrb 87 billion Euros Rrb in one day loans, it said in a statement.
|
Ecb renews loan offer of 38 billion dollars.
| 26 | 7 | 4,089 |
Some 31 art masterpieces will be brought to South Korea for an annual French cultural Festival, the Embassy said Wednesday.
|
Koreans to see French masterpieces during cultural festival.
| 19 | 7 | 4,090 |
German blue chip stocks were steady in initial trades here on Wednesday, with the Dax 85 index showing a slight rise of 2.17 percent to 5,183.86 points.
|
Frankfurt exchange opens with loss of 2.17 percent.
| 26 | 7 | 4,091 |
The world's biggest mining company BHP Billiton said Wednesday it intended to supply uranium to China for decades to come as the Asian superpower ramps up its nuclear energy program.
|
Bhp planning to sell uranium to China for decades.
| 29 | 8 | 4,092 |
Hong Kong's Bank of East Asia moved to quell rumors about its stability on Wednesday, as hundreds of investors gathered outside branches across the city.
|
Queues at Hong Kong's Bea branches after stability rumors.
| 24 | 8 | 4,093 |
Asian stock markets were mostly higher Wednesday, as a vote of confidence in Wall Street from Warren Buffett helped offset concern about the 731 billion dollar us financial rescue plan.
|
Asian stocks up despite us delays.
| 29 | 5 | 4,094 |
South Korean civic groups on Wednesday urged police to stop investigating mothers who brought babies in Strollers to this summer's mass protests against us beef imports.
|
Skorean groups urge police not to target Stroller Mums.
| 25 | 8 | 4,095 |
French electricity firm Edf said Wednesday that British energy's management accepted a new takeover offer worth 87.9 billion Euros Lrb 81.7 billion pounds, 85 billion dollars Rrb for the British group.
|
French firm Edf says British energy accepts its takeover offer.
| 30 | 9 | 4,096 |
China development bank said Wednesday it has formed a joint stock company and named several top executives, a substantial step in its efforts to prepare itself for a stock market listing.
|
Chinese Bank takes step toward listing on market.
| 30 | 7 | 4,097 |
New Zealand share prices rose 1.07 percent Wednesday, Shrugging off a weak start after news Warren Buffett would invest five billion us dollars in Goldman Sachs, dealers said.
|
New Zealand shares rise 1.07 percent.
| 27 | 5 | 4,098 |
The King of Cambodia opened the newly elected Parliament on Wednesday, paving the way for Prime Minister Hun Sen to extend his 80 year grip on power.
|
Cambodian King opens new Parliament.
| 26 | 4 | 4,099 |
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