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Archive for October 21st, 2008

Nissan to cut auto production due to reduced US demand »

Tokyo - Nissan Motor Co on Tuesday announced a plan to reduce its auto output due to declining demand in the US.

Nationwide strike shuts down airport, banks, schools in Greece »

Athens - All flights to and from Greece will be suspended for several hours on Tuesday during the latest nationwide strike which will also shut down banks, schools, public transport and enforce a news blackout to protest drastic economic policies.

Bailed out insurer AIG halts lobbying after government takeover »

Washington - Insurance giant American International Group Inc, bailed out of a cash-flow crisis last month by a loan that temporarily made the US government its majority shareholder, said Monday that it would stop lobbying in Washington.

Rome film festival to fly home flag »

Rome - There’s a decidedly Italian flavour to this year’s International Rome Film Festival - the third time the event is being held, but the first under the city’s new, centre-right mayor.

Yahoo expected to announce at least 1,000 job cuts »

San Francisco - Yahoo Inc was to announce at least 1,000 job cuts, possibly as early as Tuesday when it releases its quarterly earnings report, two newspapers reported.

Foreclosed voters won’t be barred from voting in Michigan »

Washington - Bad enough that people were being kicked out of their homes in the mortgage crisis.

Obama plans sudden campaign break to visit ailing grandmother »

Washington - Democratic Party presidential nominee Barack Obama has decided to drop campaigning for two days later this week for a previously unplanned visit to his ailing grandmother in Hawaii, campaign officials announced late Monday.

Perfume’s French first city reopens its overhauled museum »

Grasse, France - Perfume’s first city of Grasse in southern France has reopened the doors of its fragrance museum, four years after they were shuttered for renovations.

W draws liberal stalwarts with complex Bush portrait »

Los Angeles - As if there wasn’t enough drama in the run-up to the US elections, political junkies now have a controversial movie about the sitting president to nurse their election fever.

Convicted Lockerbie bomber Al-Megrahi terminally ill »

Amsterdam - Abdelbaset Ali Mohmed al-Megrahi, who was convicted for the so-called Lockerbie disaster, is terminally ill with cancer and expected to die within “weeks or months,” a Dutch documentary filmmaker told Deutsche Presse-Agentur dpa early Tuesday.