Archive for February 28th, 2008

Indonesia buys 4,000 tons U.S. beef

Thursday, February 28th, 2008

The Indonesian government has allowed two companies to import 4,000 tons of beef from the United States for April delivery, marking the resumption of US beef import to the country. Like many other countries, Indonesia previously ban ...

7 shareholders sue Yahoo over Microsoft takeover bid

Thursday, February 28th, 2008

Seven shareholders have filed lawsuits against Yahoo Inc. alleging the fading Internet pioneer mishandled its response to Microsoft Corp.'s unsolicited takeover bid. The California-based company provided a breakdown of the suits in a ...

Bernanke signals further rate cut to boost U.S. economy

Thursday, February 28th, 2008

Federal Reserve Chairman Ben Bernanke told Congress on Wednesday the central bank will again lower interest rates to boost U.S. economy. "The economic situation has become distinctly less favorable since the time of our July report, ...

Tokyo stocks open sharply lower

Thursday, February 28th, 2008

Tokyo stocks opened sharply lower Thursday. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average lost 211.52 points, or 1.51 percent, to 13,819.78. The broader Topix index of all First Section issues on the ...

Taliban top commander, 24 others killed in S Afghanistan

Thursday, February 28th, 2008

Taliban top commander, 24 others killed in S Afghanistan www.chinaview.cn 2008-02-28 16:15:18 Print KABUL, Feb. 28 (Xinhua) -- Twenty five Taliban insurgents including a key commander of the outfit were killed in cla ...

Gates urges Turkey to keep Iraq incursion short

Thursday, February 28th, 2008

U.S. Defense Secretary Robert Gates said on Thursday that Turkey's cross-border ground operation against the rebels of the banned Kurdish Workers' Party (PKK) in northern Iraq should be short and focused. Gates, who arrived in the T ...

Ten killed in missile attack in Pakistan tribal area

Thursday, February 28th, 2008

Ten people were killed in a missile attack in northwestern Pakistan's tribal area, Pakistan's Dawn TV reported Thursday. A missile hit a house in South Waziristan agency on the Afghan border and killed ten people, the TV quoted loca ...

Record-breaking snowstorms pummel NE America

Thursday, February 28th, 2008

A seasonal snowfall-record-toppling snowstorm swept over New England Wednesday, collapsing buildings and forcing people to flee a restaurant when the roof fell in. The dangerous snow load has kept roofing contractors and homeowners ...