Ex-Bank of Italy chief gets 4 yrs in jail

2011-05-29 07:39:23

An Italian court sentenced Italy's former central bank governor Antonio Fazio to four years in jail for market-rigging related to a 2005 takeover battle over Italian bank Banca Antonveneta.

Kuwait seizes Iraq airline assets in Jordan

2011-05-28 22:08:02

Kuwait has seized assets of Iraq's national airline in Jordan, Iraqi officials said on Saturday, the latest step in a row between the neighbouring states over war reparations.

Mubarak, former officials fined $90m by court

2011-05-28 20:13:52

An Egyptian court on Saturday fined ousted President Hosni Mubarak and two former officials 540 million Egyptian pounds ($90.64 million) for cutting off mobile and internet services during January protests, a court source said.

NATO strikes 1 of Gadhafi's homes in Tripoli

2011-05-28 20:03:41

NATO says it has struck a command and control center where Libyan leader Moammar Gadhafi sometimes lives but he was not a target and there is no way to know if he was there.

India denounces US military aid to Pakistan

2011-05-28 19:21:55

India has again denounced US military aid to Pakistan which it says is being used by Islamabad against Indian interests, local media reported on Saturday.

Bomb kills 2 British marines in Afghanistan

2011-05-28 18:55:45

Two British marines have been killed in a roadside bombing in southern Afghanistan.

Sarkozy calls for new rules on emerging powers

2011-05-28 11:26:11

It is time to impose rules on China and India on issues such as climate change and trade as emerging powers can no longer be classified as poor countries, French President Nicolas Sarkozy said on Thursday.

Nuclear safety high on G8 leaders' agenda

2011-05-28 11:25:27

G8 leaders have reached a consensus that more stringent international rules on nuclear safety are needed after the recent nuclear plant crisis in Japan, French President Nicolas Sarkozy said on Thursday.

Roadside bomb kills 8 US troops in Afghanistan

2011-05-27 08:58:16

Eight US troops were killed by a roadside bomb in southern Afghanistan on Thursday in the deadliest single attack on foreign forces in a month, the US military said.