Developing world should ready for uncertainty: WB

2011-09-22 19:48:59

Developing countries should build buffers to prevent spillover effects triggered by slow economic growth and debt woes in developed economies, the World Bank's chief economist Justin Yifu Lin said here Wednesday.

US top court rejects last-minute stay of execution

2011-09-22 16:25:34

The US Supreme Court rejected a last-ditch request to halt the execution on Wednesday of a Georgia death row inmate convicted of murdering a police officer in a high-profile death penalty case.

Georgia executes convict in high-profile US case

2011-09-22 14:06:25

The US state of Georgia executed convicted murderer Troy Davis on Wednesday in a case that drew international attention because of claims by his advocates that he may have been innocent.

Georgia executes convict in high-profile case

2011-09-22 13:33:15

The US state of Georgia executed convicted murderer Troy Davis on Wednesday in a case that drew international attention because of claims by his advocates that he may have been innocent.

Man sues Starbucks over restroom camera

2011-09-22 13:28:03

A US man is suing Starbucks Coffee Co after his 5-year-old daughter allegedly found a video camera pointed at the toilet in a bathroom in one of their cafes.

White supremacist executed for Texas dragging

2011-09-22 11:57:58

A white supremacist gang member was executed Wednesday evening for the infamous dragging death slaying of a black man.

Storm Hilary strengthens off Mexico's west coast

2011-09-22 11:37:18

Tropical Storm Hilary formed off Mexico's Pacific coast on Wednesday and forecasters said it was likely to become a hurricane on Thursday, although its path will probably only brush the coast.

Venezuela proposes $1b compensation for Exxon

2011-09-22 11:15:01

Venezuela has proposed paying Exxon Mobil Corp $1 billion in compensation for the nationalization of its assets in 2007, much less than the US oil giant wanted, the energy minister said on Wednesday.

Ex-Goldman employee charged with insider trading

2011-09-22 11:18:22

US regulators on Wednesday charged a former Goldman Sachs employee and his father with insider trading on confidential information about Goldman's exchange-traded fund strategy.

HP may oust CEO, hire eBay veteran

2011-09-22 09:45:29

Hewlett-Packard Co's board convened to consider ousting CEO Leo Apotheker after less than a year on the job and replacing him temporarily with former eBay CEO Meg Whitman.

Obama: Middle East peace cannot be imposed

2011-09-22 09:28:22

US President Barack Obama told Israeli Prime Minister Benjamin Netanyahu on Wednesday that peace cannot be imposed but has to be negotiated between the Israelis and the Palestinians.

Fed warns of big economic risks

2011-09-22 06:09:09

The Federal Reserve on Wednesday moved to counter what it said were significant risks to the U.S. economy with an effort to lower long-term borrowing costs and bolster housing.