| North America Top Stories |
BP oil spill costs hit $8 bn as ends rig probe
Fri, 03 Sep 2010 11:05:00 GMT
However, a successful effort to install a temporary cap on the well delayed work on the relief well, which BP said on Friday was now likely to be completed in Mid September
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Bernanke cites ‘sadness’ in letting Lehman fail
Fri, 03 Sep 2010 03:06:00 GMT
US Federal Reserve chairman Ben Bernanke said a freshly minted financial reform law would help reduce the risk of future problems, provided regulators follow through on its implementation
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God did not create the universe, says Hawking
Thu, 02 Sep 2010 09:25:00 GMT
In The Grand Design, co-authored with US physicist Leonard Mlodinow, Hawking says a new series of theories made a creator of the universe redundant, according to the extracts published in Times
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Obama administration appeals stem cell injunction
Wed, 01 Sep 2010 11:09:00 GMT
The justice department also appealed against the injunction by judge Royce Lamberth in which he ruled National Institutes of Health funding of human embryonic stem cell research violated a law called the Dickey-Wicker Amendment
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Obama declares end of US combat in Iraq; says no victory
Wed, 01 Sep 2010 04:23:00 GMT
Obama said the Iraq war had stripped America of money needed for its own prosperity, and he called for an economic commitment at home to rival the grit and purpose of a military campaign
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Cairn Energy discovers gas in offshore Greenland
Tue, 24 Aug 2010 10:54:00 GMT
Cairn revealed the discovery alongside news of a return to profit in the first half of 2010, and uncertainty over its recent deal to sell a majority stake in its Indian unit Cairn India, to mining group Vedanta
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US court rules against Obama’s stem cell policy
Tue, 24 Aug 2010 04:18:00 GMT
US district judge Royce Lamberth granted the injunction to stop federal funding of human embryonic stem cell research
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New details on HP upheaval as CEO looks ahead
Wed, 18 Aug 2010 05:20:00 GMT
Former Hewlett Packard CEO Mark Hurd approached by public companies, private equity firms: source; former HP boss didn’t want board to disclose sexual harassment claims; Hurd angry at recent HP media leaks, says source
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Visa row: US officials start talks with various parties
Thu, 12 Aug 2010 07:16:00 GMT
The hike in the visa fees to fund new measures would result in Indian IT companies having to shell out up to $250 million annually on visa costs
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US Congressman comes out against visa fee hike bill
Wed, 11 Aug 2010 05:59:00 GMT
The Emergency Border Security Supplemental Appropriations Act was on Tuesday by a voice vote in the House of Representatives
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US jobless claims rise, cast a pall on economy
Thu, 05 Aug 2010 12:44:00 GMT
New US claims for unemployment benefits unexpectedly rose last week underscoring a weak labor market and the fragile economic recovery
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Obama says ‘long battle’ in Gulf close to end
Thu, 05 Aug 2010 05:35:00 GMT
After months of setbacks in efforts to permanently plug the deepsea well, BP said heavy drilling mud injected into it on Tuesday was stemming the flow of crude
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BP begins ‘static kill’ operation on blown-out well
Wed, 04 Aug 2010 03:00:00 GMT
The operation, aimed at subduing the still unstable deepwater gusher that was provisionally capped in mid-July, is part of a two-pronged strategy that seeks to finally seal the Macondo well
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HSBC sees at least $110 mn impact from US law
Tue, 03 Aug 2010 03:37:00 GMT
The sweeping law establishes a consumer protection agency, which could eventually deepen the cuts to HSBC’s US revenues, said North American CEO Niall Booker
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Imports slow US Q2 growth, business spending surges
Fri, 30 Jul 2010 13:10:00 GMT
Gross domestic product expanded at a 2.4% annual rate, the US commerce department said
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US economic growth seen slower in Q2 on imports
Fri, 30 Jul 2010 07:50:00 GMT
Gross domestic product expanded at a 2.5% annual rate compared to a 2.7% pace in the first quarter, according to a Reuters survey
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WikiLeaks may have blood on its hands, US says
Fri, 30 Jul 2010 04:35:00 GMT
Defense Secretary Robert Gates declined to comment on the probe but said he could not rule out more leaks of classified information
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British FM Osborne urges India to open up financial services
Wed, 28 Jul 2010 19:45:00 GMT
British finance minister George Osborne announced that India’s Exim Bank will be granted a licence to operate in Britain and the State Bank of India would base its European headquarters in London
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BP’s Hayward to step aside; Gulf work resumes
Mon, 26 Jul 2010 07:11:00 GMT
Hayward would be replaced by Bob Dudley, an American executive who is now managing the oil spill response operation, according to sources close to the British oil giant
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US says Afghan war will get worse; Pakistan in focus
Mon, 26 Jul 2010 06:02:00 GMT
Violence in Afghanistan is at its highest of the 9-year-old war as thousands of extra US troops, dispatched by Obama in December, step up their campaign to drive insurgents out of their traditional heartland in the south
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