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Royal in run-off election to head French Socialist Party »

Paris  - Former French presidential candidate Segolene Royal beat out two other candidates in Thursday’s election to head the Socialist Party but fell short of gaining a winning majority, French media reported early Friday.
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Economy hit as dairy farmers brace for massive income cut »

Wellington  - The New Zealand economy, already technically in a recession, suffered a further blow Friday when dairy farmers were warned to brace themselves for a 700-million-New-Zealand-dollar (about 364 million US dollars) cut in their projected income.
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Schwarzenegger offers to help “scrawny” Obama bulk up »

Los Angeles  - California Governor Arnold Schwarzenegger says he is ready to take a job at the White House if president-elect Barack Obama feels he can be of service.
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Dell sales drop, but profits rise »

Los Angeles  - Sales at Dell Inc dropped 3 per cent in the quarter, but the company said Thursday that it increased its earnings per share by cutting jobs.
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Rolls-Royce to cut up to 2,000 jobs next year »

London  - Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic “uncertainties.”
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Famed flag draw crowds as Bush waltzes into history »

Washington  - It’s known as “America’s attic,” but the Smithsonian Institution’s National Museum of American History in Washington has shed its dusty image.
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US automakers get little sympathy in struggle for survival »

Washington  - Chief executives from the United States’ iconic Big Three automakers faced a skeptical audience this week as they took their plea for a 25-billion-dollar bail-out to US lawmakers.
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The party may be over for Beaujolais Nouveau »

Paris  - As has been the custom every year since 1985, shortly after midnight French time on the third Thursday of November 2008, wine drinkers around the world celebrated the new vintage of the Beaujolais Nouveau.
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California Supreme Court to hear gay marriage appeal »

San Francisco  - The California Supreme Court said Wednesday that it would hear legal challenges to the recent voter initiative that banned same-sex marriage.
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Industry group: 2009 chip sales expected to plunge »

San Francisco (dpa) - Worldwide sales of computer chips will fall by 5.6 per cent in 2009, the Semiconductor Industry Association forecast Wednesday.
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