AP – Luxury department store chain Neiman Marcus Inc. reported Tuesday that it moved to a profit in its second quarter in comparison with a prior year heavy with charges.
AP – Luxury department store chain Neiman Marcus Inc. reported Tuesday that it moved to a profit in its second quarter in comparison with a prior year heavy with charges.
AP – German carmaker Audi AG says its 2009 net income fell 39 percent to euro1.35 billion ($1.8 billion) as the economic downturn cut demand for its cars.
AP – German mail and logistics company Deutsche Post AG said Tuesday its net loss for the fourth quarter narrowed to euro283 million ($385 million) largely because of a cost savings program and better management of its U.S. express division.
In what appears to be a vengeance attack, hundreds of Christian villagers in Nigeria were slaughtered by a group of Muslims on Sunday. The villages were outside the city of Jos, which sits in the center of the country, along the divide between the Muslim north and the Christian south. Mannir Dan-Ali, Editor-in-Chief of the Daily Trust newspaper in the Nigerian capital Abuja, talks to Renee Montagne up the renewed attacks.
UNICEF estimates that more than 20,000 children lost their parents in the Jan. 12 quake and its aftermath. Relatives or neighbors are caring for many of these children. Others, such as a group of boys in a Port-au-Prince park, are fending for themselves.
PR Newswire – WASHINGTON, March 8 /PRNewswire-USNewswire/ — Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz delivered the keynote address yesterday at the inauguration of the annual session of the Majlis Al-Shura (Consultative Council). His speech addressed a variety of issues, including employment, education, counterterrorism, women’s rights, economic policies, oil prices, the Arab-Israeli conflict and humanitarian aid. The audience included members of the Saudi royal family, foreign diplomats, ministers and senior government officials.
Voters in Iceland have rejected a referendum that planned to spend billions of dollars to repay Britain and the Netherlands for debts spawned by the collapse of an Icelandic bank. Britain’s treasury secretary said he expects to get back several billion dollars that Iceland owes, but admitted it could take many years.
Reuters – General Motors will pay Stephen Girsky, recently appointed vice chairman in charge of corporate strategy and business development, around $5 million a year, mainly in stocks, the company said on Friday.
The Christian Science Monitor – German Chancellor Angela Merkel met her Greek counterpart George Papandreou here tonight to discuss Greece’s financial crisis, as tensions rise over whether Germany will provide crucial support to an EU bailout for the heavily indebted Mediterranean country.
The Christian Science Monitor – German Chancellor Angela Merkel met her Greek counterpart George Papandreou here tonight to discuss Greece’s financial crisis, as tensions rise over whether Germany will provide crucial support to an EU bailout for the heavily indebted Mediterranean country.