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Sep 23rd
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Service industry news

UN mission sent troops to E DRC on reports of civilian massacre

The UN peacekeeping mission in the Democratic Republic of the Congo (DRC) Friday sent a company of Congolese government troops to the northeast of the country on reports of civilian massacre by Uganda rebels. Elements of the Ugandan rebel Lord's Resistance Army (LRA) had massacred at least 15 villagers, according to a UN news release.

Failing retailers, confidence spoil Christmas mood in Britain

Economic recession in Britain is biting its retailers so hard that they are collapsing as fast as a decommissioned building after the explosive is detonated. The latest big British retail brands which have been knocked down by the downturn include music, DVDs and games seller Zavvi, the third victim....

Turkey's military: PKK suffers heavy loss in air strikes

Turkish General Staff said on Friday that the outlawed Kurdish Workers' Party (PKK) suffered heavy loss in air strikes carried out by Turkish jets, the semi-official Anatolia news agency reported. "Turkish Armed Forces' air strikes on PKK targets in northern part of Iraq since Dec.

U.S. stocks rose after GMAC bank bid approved

Wall Street rose moderately on Friday as GMAC Financial Services, the financing arm of General Motors, was approved to become a bank holding company. The U.S. Federal Reserve announced Wednesday that it has granted a request by GMAC to become a bank. That means the company has been allowed to....

UN chief backs Pakistan's efforts to seek truth, justice on Bhutto assassination

&$ &$A supporter holds a candle next to a picture of slain former prime minister Benazir Bhutto during a prayer ceremony ahead of her first death anniversary in Karachi December 26, 2008. Bhutto was assassinated on December 27, 2007 after a public rally in Rawalpindi.

Victims of fatal boat accident in east China laid to rest

The 15 victims in the overloaded fishing boat that sunk in east China's Jiangxi Province have been buried after the local government's concluded its investigation of the accident, local authorities said Friday. The boat, with a carrying capacity of 10 people, ferried 44 people and sank in Sanjiang River in Nanchang County at 5:30 p.

Asia faces mega-disasters

SYDNEY: The Asia-Pacific faces an era of large-scale natural disasters that could kill up to one million people at a time, with Indonesia, the Philippines and China most at risk, an Australian report said Friday. The Sydney Morning Herald cited a scientific report, which found that the impact of....

Wall Street mixed on GM rally

Wall Street moved mixed Friday, as General Motors rallied after GMAC was allowed to convert into a bank. The Federal Reserve allowed GMAC Financial Services, the finance arm of struggling GM, to become a bank holding company on Dec. 24 and thus qualify for the U.S. government's 700-billion-U.S.-dollar rescue plan.

Philippine military says wanted rebel leader killed

The Philippine military authorities said on Friday a top wanted rebel leader has reportedly been killed in a recent military combat operation, local media reported Saturday. Umbra Kato, a sub-commander of the Moro Islamic Liberation Front (MILF), the country's largest Muslim rebel group, was killed....

Vietnam considers freeing inmates for Lunar New Year

Vietnamese police are reviewing applications of nearly 10,000 prisoners seeking a Lunar New Year amnesty late next month, the government said. The crime rate among those who had been freed under Vietnam's presidential amnesties since 2000 is relatively low at 4.
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