Monthly Archives: June 2011

Analysis

TORONTO (Reuters) – When Canada’s big banks and pension funds needed sizzle to combat the steak offered by the London Stock Exchange’s bid for the Toronto Stock Exchange, they looked only as far as the Canadian flag. The iconic red … Continue reading

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China’s Buffett-backed BYD shares surge on debut (AP)

SHANGHAI – Shares in Chinese auto and battery maker BYD Co. jumped 41 percent in their debut on the Shenzhen Stock Exchange on Thursday, despite news that the company’s profit fell by 84 percent in the first quarter. Shenzhen-based BYD’s … Continue reading

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Stock futures signal more gains for equities (Reuters)

(Reuters) Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the SP 500, the Dow Jones and the Nasdaq 100 up 0.1 to 0.3 percent. * News Corp (NWSA.O) secured UK government backing … Continue reading

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Asian stocks rise as Greece nears debt resolution (AP)

BANGKOK – World markets moved higher Thursday as investors await Greece’s final stamp of approval on a package of harsh austerity measures aimed at preventing the heavily indebted country from defaulting. Oil prices hovered above $94 a barrel while the … Continue reading

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Nato ‘kills top Afghan militant’

30 June 2011 Last updated at 06:42 ET Smoke billows from the Intercontinental Hotel after the Tuesday night attack Nato forces in Afghanistan say they have killed a senior militant they suspect of involvement in the attack on the Intercontinental … Continue reading

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Libya: French arms drop condemned

30 June 2011 Last updated at 06:41 ET France is said to be concerned at the military stalemate in Libya African Union Commission chief Jean Ping says France’s decision to air-drop weapons to Libyan rebels is dangerous and puts the … Continue reading

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Aiding aid workers

30 June 2011 Last updated at 05:04 ET By Dave Lee BBC World Service The pressures of working in disaster zones can have long-term psychological effects For the thousands of Western aid workers who descended on Haiti after 2010′s devastating … Continue reading

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China detains Vatican-backed Catholic priest (AFP)

BEIJING (AFP) – Chinese police detained a Vatican-backed Catholic priest and blocked his ordination as a bishop, a parishioner said Thursday, in a move likely to raise tensions with the Holy See. The detention of Joseph Sun Jigeng came as … Continue reading

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Raleigh police don’t know why Charles’ bus crashed (AP)

RALEIGH, N.C. – Raleigh police say they are looking for witnesses to help determine why a charter bus driven by Lorenzo Charles crashed earlier this week, killing the North Carolina State University basketball star. Police filed a report Wednesday about … Continue reading

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Federer can’t hang on at Wimbledon against Tsonga (AP)

WIMBLEDON, England – For the very first time in his record-breaking career, six-time Wimbledon champion Roger Federer couldn’t hang on to a two-set lead at a Grand Slam tournament. The 16-time major champion, who was playing in his 29th straight … Continue reading

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