| North America Top Stories |
Imports slow US Q2 growth, business spending surges
Fri, 30 Jul 2010 13:10:00 GMT
Gross domestic product expanded at a 2.4% annual rate, the US commerce department said
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US economic growth seen slower in Q2 on imports
Fri, 30 Jul 2010 07:50:00 GMT
Gross domestic product expanded at a 2.5% annual rate compared to a 2.7% pace in the first quarter, according to a Reuters survey
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WikiLeaks may have blood on its hands, US says
Fri, 30 Jul 2010 04:35:00 GMT
Defense Secretary Robert Gates declined to comment on the probe but said he could not rule out more leaks of classified information
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British FM Osborne urges India to open up financial services
Wed, 28 Jul 2010 07:58:00 GMT
British finance minister George Osborne announced that India’s Exim Bank will be granted a licence to operate in Britain and the State Bank of India would base its European headquarters in London
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BP’s Hayward to step aside; Gulf work resumes
Mon, 26 Jul 2010 07:11:00 GMT
Hayward would be replaced by Bob Dudley, an American executive who is now managing the oil spill response operation, according to sources close to the British oil giant
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US says Afghan war will get worse; Pakistan in focus
Mon, 26 Jul 2010 06:02:00 GMT
Violence in Afghanistan is at its highest of the 9-year-old war as thousands of extra US troops, dispatched by Obama in December, step up their campaign to drive insurgents out of their traditional heartland in the south
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BP resuming oil spill work as storm fizzles
Sun, 25 Jul 2010 05:51:00 GMT
The rig drilling a relief well intended to permanently stop the leak was back in place at the spill site, although the storm could push back BP’s mid-August target date for completing it back seven to nine days
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BP to sell $7 billion in assets, denies CEO leaving
Wed, 21 Jul 2010 11:45:00 GMT
Hayward has been under pressure to resign as the British-based company battles to contain an oil spill in the Gulf of Mexico
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US announces new sanctions against North Korea
Wed, 21 Jul 2010 09:09:00 GMT
Relations across the divided peninsula have turned increasingly hostile after South Korea accused the North of sinking one of its warships in March, killings 46 sailors
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BP worries cloud Cameron’s US visit
Tue, 20 Jul 2010 05:10:00 GMT
BP Plc’s role in the US Gulf Coast oil spill and speculation about any influence the British oil giant may have had over the release of the Lockerbie bomber last year has complicated relations ahead of Tuesday’s talks
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Do more to fight terror, Hillary tells Pakistan
Mon, 19 Jul 2010 05:11:00 GMT
The US secretary of state noted Washington and Islamabad had “increased” cooperation, deepened relationship when it comes to fighting terrorism
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US jobless claims near 2-yr low, inflation subdued
Thu, 15 Jul 2010 12:58:00 GMT
Initial claims for state unemployment benefits dropped 29,000 to a seasonally adjusted 429,000 last week as seasonal layoffs at factories eased
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BP runs crucial test on Gulf oil leak
Thu, 15 Jul 2010 05:13:00 GMT
BP said late on Wednesday it had isolated a leak it detected in a line connected to one of the valves and was repairing it before proceeding with the test
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Wall Street bill nears the finish line in Congress
Thu, 15 Jul 2010 04:39:00 GMT
The House of Representatives has already approved the bill, which tightens regulation across the financial industry in an effort to avoid a repeat of the 2007-2009 financial crisis
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BP puts well cap in place; US issues new drilling ban
Tue, 13 Jul 2010 04:23:00 GMT
The British energy giant said it had installed the 40-ton containment device on the sea floor a mile beneath the ocean surface and said the stack completes the installation of the new sealing cap
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BP dampens hope of early leak fix, court fight looms
Thu, 08 Jul 2010 10:11:00 GMT
BP sticks to August target to fix leak; BP aims to fix leak as soon as 27 July says WSJ; US court to consider request to keep deepwater drill ban; Temasek dismisses suggestion it’s in talks on BP stake
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BP eyes stake sale; oil in Lake Pontchartrain
Tue, 06 Jul 2010 04:38:00 GMT
BP shares closed up 3.5% in London but off earlier intraday peaks on the reports
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G-20 welcomes oil subsidy phase out strategy
Mon, 28 Jun 2010 04:38:00 GMT
The G-20 welcomed the work of finance and energy ministers in delivering implementation strategies and time-frames for the rationalization and phase out over the medium term of inefficient fossil fuel subsidies
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US Q1 growth trimmed on business, consumer spending
Fri, 25 Jun 2010 12:34:00 GMT
The growth pace was below market expectations for a 3% rate, it still marked three straight quarters of expansion as the economy digs out of its most brutal downturn since the 1930s
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Spill hurts Obama rating as storm season starts
Thu, 24 Jun 2010 11:03:00 GMT
Voters angry at Barack Obama’s crisis management hammered him in a poll rating
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