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Archive for October 22nd, 2008

Damascus calls for a more engaged EU political role in the Mideast »

Damascus - Damascus has called on Europe to be more politically engaged in the Middle East and to play a role that is parallel or complementary to the US role.

Banking group Handelsbanken third-quarter results increase »

Stockholm - Swedish banking group Handelsbanken on Wednesday outdid analyst expectations and reported higher third-quarter operating profits and net interest income.

Owner of Macedonian first-league side held for tax evasion »

Skopje - Macedonian police detained the owner of first- division football club Milano in connection with tax evasion charges, the A1 television reported Wednesday.

European shares slump picking up on falls in Asia, New York »

Frankfurt - European shares slumped more than 2 per cent in opening trading Wednesday, picking up on a downbeat end to Wall Street and steep falls in Asia.

French shares down sharply in early trading »

Paris - Following big losses on Wall Street and on Asian markets overnight, the Paris Bourse opened sharply lower on Wednesday, as global stock markets remained volatile.

Stoke’s Sorensen blasts Hutton over horror challenge »

London - Stoke goalkeeper Thomas Sorensen Wednesday condemned the challenge from Tottenham’s Alan Hutton that he claims almost cost him his sight.

Bangladesh seeks FAO help in testing for tainted powder milk »

Dhaka - Authorities in Bangladesh have sought assistance from the Food and Agriculture Organization (FAO) of the United Nations for testing of imported milk powder suspected of containing the industrial chemical melamine, media reports said Wednesday.

US track coach sentenced to 1 year house arrest in doping case »

San Francisco - Former track coach Trevor Graham was ordered by a San Francisco court Tuesday to serve 12 months house arrest and a fine of 5,000 dollars for lying to federal agents for his role in distributing steroids to track athletes in 2004.

Spears beats driving charge as mistrial declared »

Los Angeles - A mistrial was declared Tuesday in the case against singer Britney Spears for driving without a valid license, and the prosecutor said he would not seek a retrial.

Yahoo profit plunges, layoffs announced »

San Francisco - Troubled internet giant Yahoo saw quarterly profits plunge 64 per cent and announced Tuesday that it would cut 10 per cent of its estimated 14,300 staff to help control costs.