News

May 3, 2011

Chrysler makes first profit since bankruptcy protection

Chrysler has reported its first quarterly profit since it emerged from bankruptcy protection two years ago. The US carmaker made a net profit of $116m (£69m) in the first three months of 2011, thanks to the success of its newer models and the…

May 3, 2011

Record fall in domestic Japanese car sales

Japan's domestic sales of cars, trucks and buses fell by a record amount in April, hit by the aftermath of the country's earthquake and tsunami. With production halted and supply chains broken, sales last month were 51% lower than a year earlier,…

May 3, 2011

Germany and France raise two-speed recovery concerns

The economies of Germany and France powered ahead in April, with their manufacturing sectors continuing their strong recovery, according to new data. The closely-watched Markit purchasing managers index showed that Germany's factory activity…

May 3, 2011

Obama: bin Laden Death is ‘Good Day for America’

The day after U.S. forces killed terror network leader Osama bin Laden, President Barack…

May 3, 2011

Leading Syrian Activist, Hundreds More Arrested

Witnesses and activists say that Syrian security forces have escalated detentions over the last few days, arresting hundreds of pro-democracy sympathizers including a prominent human rights campaigner. Diana Jawabra, an outspoken critic of the…

May 3, 2011

NATO Soldier Killed in Afghanistan

NATO says one of its service members died Tuesday following an improvised explosive device attack in eastern Afghanistan. The identity of the soldier was not revealed. In other violence, NATO said Monday that Afghan and coalition forces killed…

May 3, 2011

Honduras Drops Charges Against Zelaya

A Honduran court has dismissed the last two remaining charges against former president Manuel Zelaya, who was ousted in a coup two years ago. An appeals court panel Monday annulled corruption charges against Mr. Zelaya, who lives in exile in the…

May 3, 2011