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2009-09-11, 12:10

GM confirms sale of Opel to Magna-Sberbank consortium

General Motors` board of directors has recommended the sale of ailing German automaker Opel to a consortium of Austrian-Canadian Magna and Russia`s Sberbank, the U.S. auto giant said on Thursday.

2009-09-04, 16:08

California wildfire declared arson, homicide

A huge wildfire burning in the mountains above Los Angeles, now the largest ever in the county, was started by arson and will be investigated as a homicide, authorities said on Thursday.

2009-09-04, 16:05

U.S. layoffs pace seen slower in August, autos help

U.S. employers in August likely cut jobs by the least amount in a year, a sign of healing in the labor market as the economy starts to claw out of the worst recession in 70 years, according to a Reuters survey.

2009-09-01, 09:25

Police suspect suicide bomber in Dagestan blast

A car bomb which exploded early on Tuesday in the capital of Russia`s North Caucasus republic of Dagestan could have been set off by a suicide bomber, the republic`s Interior Ministry said.

2009-08-28, 12:56

Young German mother kills herself, child

A twenty seven-year-old woman threw her two children off a balcony and then jumped herself in the German city of Pforzheim on Thursday, national media said.

2009-08-26, 09:19

Kennedy death puts family dynasty in doubt

Senator Edward Kennedy`s death marks the twilight of one of America`s most fabled political families, with no heirs to the Kennedy name poised to emerge with the same mix of gravitas, ambition and celebrity.

2009-08-19, 09:05

China goes house hunting to rev up economy

The Chinese government is attempting to pass the baton of growth from state-funded infrastructure investment to the private housing sector, a risky but necessary move to sustain the economic recovery.

2009-08-18, 14:57

British Queen Swaps Her Rolls-Royce for Toyota Prius to Save Money

The world financial crisis affected even the aristocracy of the Old World. The cost of the Dominions of the British Monarchy has reduced by one billion pounds. The state pays the Queen and her family a fixed rent, a part of which is spent on transportation charges. With a view to economize, the government recently decided to reduce the Royal Flight. Queen Elizabeth can not afford buying a new jet plane, therefore the decision was to purchase a smaller plane.

2009-08-18, 11:27

Playboy Enterprises Declines Speedily

Is it easy to be the world’s number one Playboy during the time of the Great Depression Two? You should ask this question to Hugh Hefner, the 83-year-old founder of Playboy Magazine, The Times wrote Wednesday. The magazine became extremely popular during the 1950s due to publications of Ian Fleming’s and Vladimir Nabokov’s stories illustrated with scantily clothed females.

2009-08-11, 11:35

Eighth body found from NY midair collision

Divers in New York`s Hudson River on Monday found the body of the eighth victim of a midair collision of a helicopter and small plane that killed nine people, but they were unable to dislodge it from the underwater wreckage, authorities said.

2009-08-11, 11:29

Cash-strapped Cuba says toilet paper running short

Cuba, in the grip of a serious economic crisis, is running short of toilet paper and may not get sufficient supplies until the end of the year, officials with state-run companies said Friday.

2009-08-11, 10:30

Payrolls fall less in July, jobless rate eases

The U.S. unemployment rate fell in July for the first time in 15 months as employers cut far fewer jobs than expected, providing the clearest sign yet that the economy was turning around.

2009-08-11, 09:41

Electric car future may power a charging industry

As makers from Tesla to Nissan Motor Co jockey to dominate the next generation electric-powered cars, a fight on which companies will control the lucrative market to fuel them is just getting started.