September 4, 2013
Asafa/Sherone doping investigation stalled
The criminal doping investigation into former 100-meter world record-holder Asafa Powell, Jamaica teammate Sherone Simpson and their trainer has been delayed by bureaucratic problems. Udine prosecutor Andrea Gondolo told The Associated Press on…
September 4, 2013
Australia’s economic growth better than forecast
Australia has reported better-then-forecast growth numbers for the April to June quarter, boosted by gains in consumer spending. Its gross domestic product (GDP) expanded 2.6% during the quarter, from a year earlier. Compared with the previous…
September 4, 2013
Oil rises as Obama gets support in Syria effort
Oil rose above US$108 a barrel yesterday as President Barack Obama won the support of the top Republican in Congress for US military intervention in Syria. House Speaker John Boehner said acting against Syria was something “the United States as a…
September 4, 2013
S&P says US lawsuit is ‘retaliation’ to ratings downgrade
Ratings agency Standard and Poor's (S&P) has claimed the lawsuit filed against it by the US Justice Department was "retaliation" against its decision to downgrade the US credit rating. The agency was sued in February over its assessment of…
September 4, 2013
Olympus to be prosecuted by UK fraud agency
Japanese camera and medical equipment maker Olympus and its UK subsidiary Gyrus Group will be prosecuted by UK's Serious Fraud Office. They have been charged with providing "misleading, false or deceptive" material in accounts for Gyrus Group.…
September 4, 2013
Raghuram Rajan takes charge of Reserve Bank of India
A former International Monetary Fund chief economist is taking over as the head of India's central bank, as it works to revive the falling rupee. Raghuram Rajan, 50, assumes the top job at the Reserve Bank of India on Wednesday. He arrives at a time…
September 4, 2013
Cleveland kidnapper Ariel Castro found hanged in cell
Ariel Castro, who kept women captive at his home in Cleveland, Ohio, has died after being found hanging in his cell. Prison officials said he died in hospital late on Tuesday, after prison medical staff failed to revive him. Castro, 53, held three…
September 4, 2013
US Inaction on Syria Will Lead to Greater War says Kerry
Secretary of State John Kerry says he has no doubt that U.S. inaction on Syria will lead to a greater war and more use of chemical weapons.Kerry spoke to the Senate Foreign Relations Committee Tuesday, in an attempt to persuade lawmakers to back a…
September 4, 2013
Scores Dead as Car Bombings Rip Iraqi Capital
A wave of deadly car bombings swept across the Iraqi capital Tuesday, targeting restaurants, markets and mosques and leaving at least 50 people dead.Police say 11 separate bombings hit predominantly Shi'ite neighborhoods in Baghdad in a two-hour…
September 4, 2013
Beyond Any Reasonable Doubt Assad Used Chemical Weapons
U.S. Secretary of State John Kerry says taking military action against Syria is definitively in the U.S. national interest.Kerry spoke before the Senate Foreign Relations Committee Tuesday, saying it is beyond any reasonable doubt that the Assad…