November 2, 2013
Pakistan Criticizes US Killing of Pakistani Taliban Leader
The Pakistan government has criticized the United States for the drone-strike death of Pakistani Taliban leader Hakimullah Mehsud, saying his killing jeopardizes peace talks with the militant group. Pakistan’s interior minister, Chaudhry Nisar Ali…
November 2, 2013
Tiananmen Square Incident Planned Since September
Chinese state media are releasing more details about what they call a "terrorist attack" Monday in Tiananmen Square, while dozens of arrests were reported in a subsequent crackdown on a mainly Muslim ethnic group. Chinese Central Television says…
November 2, 2013
Pakistani Taliban Leader Dead in US Drone Strike
Members of the Pakistani Taliban are meeting to consider naming a replacement for the group's leader, Hakimullah Mehsud, hours after he was killed in a U.S. drone strike in a northwest Pakistan tribal area. Pakistani and U.S. officials say Mehsud…
November 2, 2013
Unemployment in Eurozone reaches new record high
The number of unemployed in the 17-nation eurozone reached a record high in September as the bloc’s nascent recovery failed to generate jobs, official data showed. The ranks of the jobless swelled by 60,000 to a record 19.45 million, according to…
November 2, 2013
Barclays suspends currency traders
UK bank Barclays has suspended six traders as part of a probe into suggestions that currency markets could have been rigged, the BBC has learnt. On Thursday, Royal Bank of Scotland suspended two traders in connection with the investigation. The…
November 2, 2013
Sony shares plunge as it cuts profit forecast
Shares in Japanese electronics giant Sony plunged 11% to 1,668 yen on the Tokyo Stock Exchange after the firm cut its profit forecast. The firm lowered its full-year profit forecast by 40% on Thursday as it reported a loss for the July-to-September…
November 2, 2013
RBS shares lose 7% after it decides against ‘bad bank’ split
Royal Bank of Scotland shares have lost 7.5% following news the 81% state-owned bank will not split itself into separate so-called good and bad banks. RBS will create an internal "bad bank", ring-fencing £38bn of poor quality assets, such as loans…
November 2, 2013
China’s manufacturing activity at 18-month high
China's manufacturing activity grew at its fastest pace in 18 months in October, adding to signs of a recovery in the world's second-largest economy. The official Purchasing Managers' Index (PMI), a gauge of the sector's health, rose to 51.4 from…
November 2, 2013
Jay Z Adds His 1st Ever Men’s Cologne To Barneys Collection Amid Controversy
No official word on if Jay Z gathered all the facts on the recent allegations of racial discrimination placed on Macy’s and Barneys yet, but it seems as if his working relationship with them is intact. According to Women’s Wear Daily (WWD) Jay Z…
November 2, 2013
Brian McKnight performs in Jamaica
R&B singer Brian McKnight promises a soulful performance on November 2nd at the National Indoor Sports Centre in St Andrew, Jamaica. The American artiste is headliner for the LIME-sponsored event. Lovers' rock singer Romain Virgo and dub poets…