• China’s CPI down 1.5% in April; third fall in a row

    China’s CPI down 1.5% in April; third fall in a row

    10/05/2009 05:00

    China’s consumer price index (CPI), the main gauge of inflation, fell 1.5 percent year on year in April, the National Bureau of Statistics (NBS) said Monday. It was the third decline in a row since February, when the CPI dropped 1.6 percent,...

  • Zimbabwean, British gov’ts begin open dialogues

    Zimbabwean, British gov’ts begin open dialogues

    10/05/2009 05:00

    Zimbabwe’s Prime Minister Morgan Tsvangirai and Foreign Affairs Minister Simbarashe Mumbengegwi held separate meetings with British Junior Foreign Minister Mark Malloch-Brown in Pretoria in South Africa, The Herald said on Monday. Zimbabwean...

  • After stress tests, banks seek to shed US aid

    After stress tests, banks seek to shed US aid

    10/05/2009 05:00

    Pedestrians pass a Citibank branch in New York. Citigroup may improve capital ratios by converting some of the government preferred shares to common stock. A growing number of banks are eyeing quick repayment of...

  • Jose Carreras says goodbye to opera

    Jose Carreras says goodbye to opera

    09/05/2009 05:00

    Spanish opera singer Jose Carreras, who became one of the legendary Three Tenors with Luciano Pavarotti and Plácido Domingo, announced his retirement from opera. The 62-year-old Spaniard told The Times in an interview published Friday he...

  • At least 5 injured in pipeline explosion in SW Moscow

    At least 5 injured in pipeline explosion in SW Moscow

    09/05/2009 05:00

    A gas pipeline explosion in southwest Moscow caused a huge fire early Sunday, injuring at least 5 people, local media reported. A man looks at the flames on Bolshaya Ochakovskaya street in Moscow May 10, 2009. The fire, caused by a gas...

  • Obama says jobless number sobering but sees progress

    Obama says jobless number sobering but sees progress

    08/05/2009 05:00

    U.S. President Barack Obama said Friday that latest job loss data was “sobering,” but he noted that there have been “somewhat encouraging” improvements in the economy. U.S.President Barack Obama listens as Maureen Pike tells her job training...

  • Stress test relief seen unlikely to spur lending

    Stress test relief seen unlikely to spur lending

    08/05/2009 05:00

    Pedestrians walk past State Street Corp. headquarters in Boston, Massachusetts on Thursday. Results of a test of how the biggest US banks would fare in an even more punishing economic environment are unlikely to...

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