Month: October 2011

October 20, 2011

Libya’s Col Muammar Gaddafi killed, say NTC officials

Libya's former leader Col Muammar Gaddafi has been killed after an assault on his home town of…

October 20, 2011

Morgan Stanley reports $2.2bn third quarter profit

Morgan Stanley has reported a $2.2bn (£1.4bn) profit for the third quarter of the year. The investment bank, the second-largest in the US, made the profit on revenues of $9.9bn. But the profit was boosted by a $3.4bn gain on a revision to some of…

October 20, 2011

Nestle raises 2011 sales outlook

The world's biggest food group, Nestle, has raised its sales growth outlook for the year after a better-than-expected performance in the first nine months. Underlying sales from January to September rose 7.3% on a year ago, helped by higher…

October 20, 2011

eBay reports 14% rise in profits

The internet auction site eBay has reported a 14% increase in third quarter profits. Net income for the three months to the end of September came in at $491m (£311m), up from $432m in the same period last year. EBay said the growth was driven by…

October 20, 2011

Libyan forces ‘capture Gaddafi’

Commanders for Libya's transitional authorities say they have captured ousted leader Col…

October 20, 2011

Clashes erupt at mass rally over Greece austerity bill

Rioters have clashed with other protesters in Athens where thousands of people are rallying outside parliament to condemn new cuts. Scores of masked youths attacked a group from a communist-backed trade union with stones and petrol bombs, and…

October 20, 2011

French President Sarkozy’s ‘joy’ at daughter’s birth

French President Nicolas Sarkozy has described the birth of his daughter as a "profound joy" but a "private" one. His daughter with wife Carla Bruni-Sarkozy was born on Wednesday night at a Paris clinic. Mr Sarkozy arrived at the La Muette clinic…

October 19, 2011

Mexico fires nearly 1,000 police in Gulf state

Nearly 1,000 police officers were fired to weed out corruption from the violence-ravaged Gulf coast state of Veracruz, Mexican authorities said yesterday. Veracruz police chief Arturo Bermudez said 980 state agents have been dismissed in the past…

October 19, 2011

Haiti PM and his gov’t installed in ceremony

Haiti's new prime minister and his Cabinet have taken office with the task of rebuilding the quake-devastated Haiti. Garry Conille and his 16 ministers were inaugurated in a ceremony yesterday on the grounds of the National Palace. Conille said…

October 19, 2011

UB40 goes bust

Four members of the famous reggae band UB40 have been officially made bankrupt, the website…