International

AIG employees asked to return bonuses amid national anger
18/03/2009 05:00
The head of financially troubled insurance giant American International Group (AIG) on Wednesday called on top-earning employees to voluntarily return at least half of the bonuses. Edward Liddy (2nd R), chief executive officer of American...
Pentagon reshuffles key commanding posts
18/03/2009 05:00
U.S. Secretary of Defense Robert Gates on Wednesday announced a reshuffle of key commanding posts, including recommending James Stavridis to be the new top commander of NATO. U.S. Navy Admiral James Stavridis speaks during a news conference in...
AIG boss, Obama in the hot-seats as Congress fumes
18/03/2009 05:00
Code Pink protesters hold up signs as Edward Liddy, chairman and CEO of the American International Group arrives at a House Financial Services Committee hearing on Capitol Hil in Washington, DC. Liddy battled to placate public...
China rejects $2.4 billion Coke bid for juice company
18/03/2009 05:00
Bottles of Coca-Cola sit on the shelves of a store in Beijing Wednesday China has rejected Coca-Colaâs planned US$2.4 billion acquisition of top juice maker Huiyuan Juice, saying the deal would have been bad...
Kuwait dissolves parliament
18/03/2009 05:00
The ruler of Kuwait Wednesday evening announced that the country’s parliament was dissolved and the fresh elections would be held within 60 days. Shopkeepers watch a live televised speech by Emir Sheikh Sabah Al-Ahmad Al-Sabah, the ruler of...
Austrian incest father pleads guilty to all charges
18/03/2009 05:00
An Austrian man who raped, imprisoned and abused his daughter for 24 years and fathered seven children with her pleaded guilty to all charges on Wednesday, including murder and enslavement, a surprising turnabout three days after the court began the trial....
Report: IBM in talks to buy Sun Microsystems
18/03/2009 05:00
International Business Machines (IBM) is in talks to buy Sun Microsystems, the Wall Street Journal and other U.S. media outlets reported on Wednesday, citing people familiar with the matter. A view of the IBM facility outside Boulder, Colorado...